Diamond Offshore Drilling EBITDA margin
What is the EBITDA margin of Diamond Offshore Drilling?
The EBITDA margin of Diamond Offshore Drilling, Inc. is 3.02%
What is the definition of EBITDA margin?
EBITDA margin is a profitability ratio that measures how much EBITDA the company generates as a percentage of revenue.
ttm (trailing twelve months)
EBITDA margin measures how much of EBITDA is generated as a percentage of sales. It measures the company’s operating profit as a percentage of its revenue and is calculated as EBITDA (earnings before interest, taxes, depreciation, and amortization) divided by total revenue.
EBITDA margin also helps with judging the effectiveness of cost-cutting processes at the company. The higher the company’s EBITDA margin, the lower operating expenses are in respect to revenue. As a result, a higher EBITDA margin is considered more favorable. Smaller companies can have higher EBITDA margins since they are able to operate more efficiently and maximize their profitability.
EBITDA excludes interest on debt, taxes, and capital expenditures, the margin does not provide a perfectly clear estimate of the business’s cash flow generation. Furthermore, EBITDA margin is not recognized as a GAAP (generally accepted accounting principles) metric.
EBITDA 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 ebitda margin similar to Diamond Offshore Drilling
- Crimson Wine has EBITDA margin of 3.01%
- Gemdale Properties and Investment has EBITDA margin of 3.01%
- Tailam Tech Constr Hldg Ltd has EBITDA margin of 3.01%
- Munic S.A has EBITDA margin of 3.01%
- Kwoon Chung Bus has EBITDA margin of 3.01%
- VNET Inc has EBITDA margin of 3.01%
- Diamond Offshore Drilling has EBITDA margin of 3.02%
- Shankara Building Products has EBITDA margin of 3.02%
- Yellow has EBITDA margin of 3.02%
- Healthcare Services has EBITDA margin of 3.02%
- National Steel and Agro Industries has EBITDA margin of 3.03%
- Wynnstay Plc has EBITDA margin of 3.03%
- Eddie Stobart Logistics plc has EBITDA margin of 3.03%