RPC Inc (RES)

Gross profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Gross profit (ttm) US$ in thousands 280,980 281,592 289,426 343,759 419,832 485,050 550,975 521,602 430,630 328,399 236,112 166,688 128,981 93,011 53,489 18,107 22,033 28,084 54,332 115,189
Revenue (ttm) US$ in thousands 1,414,999 1,474,169 1,466,934 1,518,639 1,617,474 1,704,973 1,834,157 1,793,806 1,601,762 1,387,984 1,153,693 966,943 864,929 745,314 636,592 537,135 598,302 685,662 862,314 1,131,530
Gross profit margin 19.86% 19.10% 19.73% 22.64% 25.96% 28.45% 30.04% 29.08% 26.88% 23.66% 20.47% 17.24% 14.91% 12.48% 8.40% 3.37% 3.68% 4.10% 6.30% 10.18%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $280,980K ÷ $1,414,999K
= 19.86%

The gross profit margin of RPC Inc has shown fluctuations over the periods indicated. It started at 10.18% in March 31, 2020, then decreased to 3.37% by March 31, 2021. Subsequently, there was an uptrend, reaching a peak of 30.04% by June 30, 2023. However, the margin declined in the following periods, stabilizing around 19-20% from June 30, 2024, to December 31, 2024. Overall, the trend demonstrates both significant volatility and an eventual moderation in the gross profit margin over the observed period.