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Diamond Offshore Drilling Gross margin

What is the Gross margin of Diamond Offshore Drilling?

The Gross margin of Diamond Offshore Drilling, Inc. is 10.39%

What is the definition of Gross margin?



Gross margin is the difference between revenue and cost of goods sold, divided by revenue, and expressed as a percentage.

lfy (last fiscal year)

Gross margin is a type of profit margin, specifically a form of profit divided by net revenue. It is generally calculated as the selling price of an item, minus the cost of goods sold (production or acquisition costs, not including indirect fixed costs like rent, or administrative costs). The purpose of margins is to give a description of the gross profit.

Gross margin of companies in the Energy sector on OTC compared to Diamond Offshore Drilling

What does Diamond Offshore Drilling do?

Diamond Offshore Drilling, Inc. provides contract drilling services to the energy industry worldwide. The company operates a fleet of 13 offshore drilling rigs, including four drillships and nine semisubmersible rigs. It serves independent oil and gas companies, and government-owned oil companies. The company was founded in 1953 and is headquartered in Houston, Texas. Diamond Offshore Drilling, Inc. is a subsidiary of Loews Corporation. On April 26, 2020, Diamond Offshore Drilling, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the United States Bankruptcy Court for the Southern District of Texas.

Companies with gross margin similar to Diamond Offshore Drilling