NexTier Oilfield Solutions (NEX) has a profit margin of 17.59%, above the Energy sector average of 9.85%.
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+ FollowAs of Jun 2023
Trailing 12 months ending Jun 2023
NexTier Oilfield Solutions (NEX) currently reports a profit margin of 17.59% as of June 2023. That compares with 1.85% in the prior-year period — up 849.7% year over year. That is above the Energy sector average of 9.85%. Use the charts on this page to explore NexTier Oilfield Solutions's profit margin history and peer comparisons.
NexTier Oilfield Solutions's profit margin increased from 1.85% to 17.59% — a 849.7% year-over-year increase (period ending June 2023). Watching multi-year history on the chart below helps separate one-off swings from a lasting trend.
NexTier Oilfield Solutions's profit margin of 17.59% is higher than the Energy sector average of 9.85%. That is roughly 78.6% above the sector mean. A reading higher peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
There is no universal 'good' profit margin, but NexTier Oilfield Solutions's current 17.59% should be judged against Energy norms (sector average: 9.85%) and against NEX's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.
Start with the current profit margin of 17.59%, then check the historical chart for trend and the peer comparison chart for relative positioning. The Energy average is 9.85%. From there, open related valuation or income-statement pages for NexTier Oilfield Solutions, and consider following NEX for alerts when major investors trade the stock.