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
DateValue
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%