United Drilling Tools Stock Gross Profit

UNIDT Stock   238.07  3.53  1.51%   
United Drilling Tools fundamentals help investors to digest information that contributes to United Drilling's financial success or failures. It also enables traders to predict the movement of United Stock. The fundamental analysis module provides a way to measure United Drilling's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to United Drilling stock.
Last ReportedProjected for Next Year
Gross Profit487.9 M372.9 M
As of the 28th of November 2024, Gross Profit is likely to drop to about 372.9 M.
  
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United Drilling Tools Company Gross Profit Analysis

United Drilling's Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.

Gross Profit

 = 

Revenue

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Cost of Revenue

More About Gross Profit | All Equity Analysis

Current United Drilling Gross Profit

    
  436.19 M  
Most of United Drilling's fundamental indicators, such as Gross Profit, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, United Drilling Tools is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Competition

According to the company disclosure, United Drilling Tools reported 436.19 M of gross profit. This is 99.63% lower than that of the Energy Equipment & Services sector and 15.74% lower than that of the Energy industry. The gross profit for all India stocks is 98.41% higher than that of the company.

United Gross Profit Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses United Drilling's direct or indirect competition against its Gross Profit to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of United Drilling could also be used in its relative valuation, which is a method of valuing United Drilling by comparing valuation metrics of similar companies.
United Drilling is currently under evaluation in gross profit category among its peers.

United Fundamentals

About United Drilling Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze United Drilling Tools's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of United Drilling using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of United Drilling Tools based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in United Stock

United Drilling financial ratios help investors to determine whether United Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in United with respect to the benefits of owning United Drilling security.