Blue Dolphin Energy Gross Margin Growth & History (BDCO)

Blue Dolphin Energy's gross margin was 11.28% for fiscal 2023.

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Blue Dolphin Energy annual gross margin history

Blue Dolphin Energy annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20232023-12-3111.28%+1.83 pp
20222022-12-319.45%+9.15 pp
20212021-12-310.30%+1.48 pp
20202020-12-31−1.17%−4.87 pp
20192019-12-313.70%+1.11 pp
20182018-12-312.59%−1.29 pp
20172017-12-313.88%

Blue Dolphin Energy gross margin trends

Over the last five reported fiscal years, Blue Dolphin Energy's gross margin increased from 2.59% to 11.28%, a change of +8.69 percentage points. The latest reported quarter, Q2 2024, shows −5.82%.

About the metric

What gross margin means

Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.

Calculation and source

How gross margin is calculated

TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Blue Dolphin Energy filings at SEC.gov ↗