Superior Drilling Products Stock

Superior Drilling Products EBIT 2024

Superior Drilling Products EBIT

5.69 M USD

Ticker

SDPI

ISIN

US8681531070

WKN

A12E4E

In 2024, Superior Drilling Products's EBIT was 5.69 M USD, a 220.04% increase from the 1.78 M USD EBIT recorded in the previous year.

The Superior Drilling Products EBIT history

YEAREBIT (undefined USD)
2024e5.69
20231.78
20221.94
2021-0.59
2020-3.82
2019-0.9
20180.3
20170.22
2016-7.41
2015-5.74
20141.63

Superior Drilling Products Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details

Revenue, EBIT and Profit

Understanding Revenue, EBIT, and Income

Gain insights into Superior Drilling Products, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Superior Drilling Products from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Superior Drilling Products’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of Superior Drilling Products. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into Superior Drilling Products’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing Superior Drilling Products’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Superior Drilling Products’s growth potential.

Superior Drilling Products Revenue, EBIT and net profit per share

DateSuperior Drilling Products RevenueSuperior Drilling Products EBITSuperior Drilling Products Net Income
2024e26.21 M undefined5.69 M undefined3.72 M undefined
202320.97 M undefined1.78 M undefined7.44 M undefined
202219.1 M undefined1.94 M undefined1.07 M undefined
202113.34 M undefined-586,750 undefined-529,800 undefined
202010.47 M undefined-3.82 M undefined-3.43 M undefined
201919 M undefined-901,770 undefined-936,420 undefined
201818.25 M undefined300,200 undefined-58,380 undefined
201715.6 M undefined224,520 undefined-6.88 M undefined
20167.15 M undefined-7.41 M undefined-9.13 M undefined
201512.71 M undefined-5.74 M undefined-14.46 M undefined
201420.04 M undefined1.63 M undefined-621,400 undefined

Superior Drilling Products stock margins

The Superior Drilling Products margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Superior Drilling Products. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Superior Drilling Products.
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Gross margin
EBIT margin
Profit margin
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Margin

Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the Superior Drilling Products's sales revenue. A higher gross margin percentage indicates that the Superior Drilling Products retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the Superior Drilling Products's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the Superior Drilling Products's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Superior Drilling Products's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Superior Drilling Products. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Superior Drilling Products's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

Superior Drilling Products Margin History

Superior Drilling Products Gross marginSuperior Drilling Products Profit marginSuperior Drilling Products EBIT marginSuperior Drilling Products Profit margin
2024e60.92 %21.69 %14.19 %
202360.92 %8.47 %35.45 %
202256.38 %10.14 %5.58 %
202157.87 %-4.4 %-3.97 %
202051.24 %-36.51 %-32.76 %
201956.93 %-4.75 %-4.93 %
201861.21 %1.65 %-0.32 %
201761.78 %1.44 %-44.1 %
201637.21 %-103.53 %-127.62 %
201547.91 %-45.21 %-113.77 %
201464.99 %8.14 %-3.1 %

Superior Drilling Products Aktienanalyse

What does Superior Drilling Products do?

Superior Drilling Products Inc is a company based in Utah, USA and has been listed on the NASDAQ Stock Exchange since 2014. The company is involved in the development, production, and distribution of drilling products, specifically drill head seals, used in the oil and gas industry, as well as the geothermal and monument industries. The company was founded in 1999 as Diamond Drill Bit Industries, Inc. by its current CEO, Troy Meier. Meier, a former wellbore modeler, utilized his expertise to create diesel-powered drill heads as the driving force behind the seals. This allowed retailers, production companies, and drilling companies to quickly and cost-effectively order the seals, laying the foundation for the company's later success. A year later, Meier decided to rename the company Superior Drilling Products to focus on the sale of drill head seals. Since then, the company has expanded its offerings and specializes in a wide range of products aimed at improving drilling performance and efficiency. Superior Drilling Products has developed a patented drill head sealing system that is suitable for all common wellbore diameters. With a focus on improving drilling performance, the products seek to maximize the potential for clean and effective drilling by reducing frictional forces between the drill head and the wellbore. The company's product range is divided into three segments: drill head seals, tools for completion and drilling, and reservoir-based drilling. The company offers drill head seals for every wellbore size and is known in the industry for its technically superior seals. These seals feature a special rubber compound for increased durability and longevity, resulting in lower maintenance costs for drilling equipment. The tools for completion and drilling are suitable for deep drilling in oil, gas, geothermal, and water supply wells, as well as construction and mining applications. The product range includes mills, cutting and reaming tools, cutting frames, and specialized drill bits tailored to the customer's specific requirements. Reservoir-based drilling was introduced in 2018 and is designed to shorten drilling time and reduce overall operating expenses. The system uses a unique drill-based pattern to control the wellbore, keeping it straight and minimizing deviations. It helps utilize gathered data to improve future drilling and increase long-term efficiency. In addition to selling its innovative products, Superior Drilling Products provides technology and consulting services to support its customers in increasing the efficiency of their drilling equipment and processes. This has helped establish the company as a key player in the field of drilling technology. Overall, Superior Drilling Products has experienced strong growth in recent years and expanded its presence in the international market. The company values research and development and has a strong presence in technology and innovation. With an experienced management team and a wide range of drilling products, Superior Drilling Products is well-positioned to continue offering reliable solutions to its customers' drilling needs. Superior Drilling Products ist eines der beliebtesten Unternehmen auf Eulerpool.com.

EBIT Details

Analyzing Superior Drilling Products's EBIT

Superior Drilling Products's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.

Year-to-Year Comparison

A yearly comparison of Superior Drilling Products's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.

Impact on Investments

Superior Drilling Products's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.

Interpreting EBIT Fluctuations

Fluctuations in Superior Drilling Products’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.

Frequently Asked Questions about Superior Drilling Products stock

How much did Superior Drilling Products achieve in EBIT for the current year?

In the current year, Superior Drilling Products has achieved an EBIT of 5.69 M USD.

What is EBIT?

EBIT stands for Earnings Before Interest and Taxes and refers to the profit before interest and taxes of a company Superior Drilling Products.

How has the EBIT of Superior Drilling Products developed in recent years?

The EBIT of Superior Drilling Products has increased by 220.041% increased compared to the previous year.

What does EBIT mean for investors?

EBIT provides investors with insights into a company's profitability as it reflects the profit before interest expenses and taxes.

Why is EBIT an important indicator for investors?

Since EBIT provides a more direct insight into a company's profit than net income, it is an important indicator for investors to assess the profitability of a company.

Why do EBIT values fluctuate?

EBIT values can fluctuate as they are influenced by various factors, such as revenue, costs, and tax effects.

What role does tax burden play in EBIT?

Tax burdens have a direct impact on a company's EBIT, as they are deducted from the profit.

How is EBIT presented in the balance sheet of the company Superior Drilling Products?

The EBIT of Superior Drilling Products is listed in the income statement.

Can EBIT be used as a single indicator for evaluating a company?

EBIT is an important indicator for evaluating a company, but additional financial ratios should also be considered to get a comprehensive picture.

Why is EBIT not equal to net profit?

The net profit of a company includes taxes and interest, while EBIT represents the profit before interest and taxes.

How much dividend does Superior Drilling Products pay?

Over the past 12 months, Superior Drilling Products paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Superior Drilling Products is expected to pay a dividend of 0 USD.

What is the dividend yield of Superior Drilling Products?

The current dividend yield of Superior Drilling Products is .

When does Superior Drilling Products pay dividends?

Superior Drilling Products pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Superior Drilling Products?

Superior Drilling Products paid dividends every year for the past 0 years.

What is the dividend of Superior Drilling Products?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Superior Drilling Products located?

Superior Drilling Products is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Superior Drilling Products kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Superior Drilling Products from 10/22/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/22/2024.

When did Superior Drilling Products pay the last dividend?

The last dividend was paid out on 10/22/2024.

What was the dividend of Superior Drilling Products in the year 2023?

In the year 2023, Superior Drilling Products distributed 0 USD as dividends.

In which currency does Superior Drilling Products pay out the dividend?

The dividends of Superior Drilling Products are distributed in USD.

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Andere Kennzahlen von Superior Drilling Products

Our stock analysis for Superior Drilling Products Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Superior Drilling Products Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.