Solaris Energy Infrastructure (SEI) Gross Margin (2016 - 2024)
Solaris Energy Infrastructure (SEI) reported Gross Margin of 37.44% for Q3 2024, down 214.0% on a YoY basis from 32.84% in Q4 2023, and little changed quarter-over-quarter from 37.56% in Q2 2024.
Solaris Energy Infrastructure (SEI) Gross Margin (2016 - 2024) Analysis & Trends
Solaris Energy Infrastructure has reported Gross Margin for 9 years, with the latest figure at 37.44% in Q3 2024.
- For the quarter ending Q3 2024, Gross Margin fell 214.0% year-over-year to 37.44%; the trailing twelve-month figure through Sep 2024 stood at 39.37% (up 240.0% YoY), and the FY2023 full-year result was 39.28%, up 796.0% from the prior year.
- Gross Margin for Q3 2024 stood at 37.44%, roughly flat from 37.56% in the prior quarter.
- The five-year high for Gross Margin was 97.84% in Q2 2020, with the low at 157.09% in Q4 2020.
- Historically, Gross Margin has averaged 31.19% across 5 years, with a median of 35.66% in 2023.
- Annual changes were most pronounced in 2020 — Gross Margin tumbled 20730 bps — and 2021, when it jumped 18604 bps.
- Solaris Energy Infrastructure's Gross Margin stood at 157.09% in 2020, then jumped by 118 bps to 28.96% in 2021, then gained by 12 bps to 32.51% in 2022, then increased by 28 bps to 41.75% in 2023, then declined by 10 bps to 37.44% in 2024.
- The last three Gross Margin figures came in at 37.44% (Q3 2024), 37.56% (Q2 2024), and 41.26% (Q1 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 53.57% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 22.98% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 37.69% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 59.67% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 5.80% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 76.04% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 66.20% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 64.46% |
| 10 | Solaris Energy Infrastructure | 3.62 Bn | 3.94 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 37.44% |
| Jun 30, 2024 | 37.56% |
| Mar 31, 2024 | 41.26% |
| Dec 31, 2023 | 41.75% |
| Sep 30, 2023 | 39.57% |
| Jun 30, 2023 | 40.87% |
| Mar 31, 2023 | 35.66% |
| Dec 31, 2022 | 32.51% |
| Sep 30, 2022 | 30.49% |
| Jun 30, 2022 | 29.37% |
| Mar 31, 2022 | 33.81% |
| Dec 31, 2021 | 28.96% |
| Sep 30, 2021 | 17.09% |
| Jun 30, 2021 | 28.55% |
| Mar 31, 2021 | 33.08% |
| Dec 31, 2020 | -157.09% |
| Sep 30, 2020 | 94.25% |
| Jun 30, 2020 | 97.84% |
| Mar 31, 2020 | 49.55% |
| Dec 31, 2019 | 50.21% |