Matrix Composites & Engineering Ltd
ASX:MCE
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| AU |
M
|
Matrix Composites & Engineering Ltd
ASX:MCE
|
50.4m AUD |
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|
| US |
|
Schlumberger NV
NYSE:SLB
|
76.1B USD |
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|
|
| US |
B
|
Baker Hughes Co
NASDAQ:BKR
|
60.8B USD |
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|
|
| US |
|
Halliburton Co
NYSE:HAL
|
28.8B USD |
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|
|
| UK |
|
TechnipFMC PLC
NYSE:FTI
|
24.6B USD |
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|
|
| LU |
|
Tenaris SA
MIL:TEN
|
20.8B EUR |
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|
|
| CN |
|
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
|
98.6B CNY |
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|
|
| CN |
|
Sinopec Oilfield Service Corp
SSE:600871
|
58B CNY |
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|
|
| UK |
|
Subsea 7 SA
OSE:SUBC
|
74.5B NOK |
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|
|
| IT |
|
Saipem SpA
MIL:SPM
|
6.4B EUR |
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|
|
| US |
|
Weatherford International PLC
NASDAQ:WFRD
|
7.2B USD |
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|
Market Distribution
| Min | -6 907 100% |
| 30th Percentile | 21.6% |
| Median | 38.3% |
| 70th Percentile | 58.2% |
| Max | 2 095.9% |
Other Profitability Ratios
Matrix Composites & Engineering Ltd
Glance View
Matrix Composites & Engineering Ltd. engages in the design, engineering, and manufacture of composite and material technology solutions for the oil and gas, civil and infrastructure, resources, defense, and transportation industries. The company is headquartered in Perth, Western Australia. The company went IPO on 2009-11-16. Its principal activities include manufacture and supply of capital drilling equipment, subsea umbilical risers and flowline (SURF) ancillary equipment and associated services, well construction products, including centralizers and conductors. The company is also engaged in the supply of vortex-induced vibration (VIV) suppression equipment for rigid pipelines, supply of Epoxy based coating system and consultancy for, and manufacture of, advanced composite materials, products and solutions for the defense, energy, resource and transport sectors. Its subsidiaries include Specialist Engineering Services Pty Ltd, Matrix Henderson Property Pty Ltd, Matrix Coating Technologies Pty Ltd and Matrix Composites & Engineering Inc.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Matrix Composites & Engineering Ltd is 14.4%, which is below its 3-year median of 16.3%.
Over the last 3 years, Matrix Composites & Engineering Ltd’s Gross Margin has increased from 5.9% to 14.4%. During this period, it reached a low of 5.7% on Dec 1, 2022 and a high of 20.6% on Jun 30, 2024.
