ProPetro Holding Corp (PUMP)
Profitability ratios
Return on sales
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 11.57% | 11.03% | 13.09% | 15.61% | 17.88% | 20.77% | 22.05% | 22.53% | 21.00% | 18.90% | 15.71% | 12.84% | 9.02% | 7.22% | 3.80% | 0.40% | 10.58% | 15.73% | 18.79% | 20.36% |
| Operating profit margin | -10.89% | -9.78% | 5.27% | 8.09% | 8.29% | 11.38% | 12.37% | 12.52% | 13.17% | 8.43% | 3.98% | -0.79% | -7.86% | -13.07% | -19.94% | -27.44% | -11.28% | 1.94% | 9.07% | 12.82% |
| Pretax margin | -11.72% | -11.36% | 3.69% | 6.70% | 7.08% | 9.40% | 7.84% | 2.01% | 0.58% | -2.98% | -4.95% | -2.56% | -7.83% | -13.04% | -19.91% | -27.51% | -11.72% | -1.08% | 4.72% | 7.75% |
| Net profit margin | -9.55% | -9.37% | 2.21% | 4.76% | 5.25% | 7.10% | 5.91% | 1.33% | 0.16% | -2.65% | -4.24% | -2.21% | -6.20% | -9.97% | -15.33% | -21.52% | -9.23% | -0.88% | 3.55% | 5.97% |
ProPetro Holding Corp's profitability ratios show fluctuations over the periods analyzed. The gross profit margin has shown an improving trend from 2020 to 2024, with a decrease in the latter half of 2024. The company's operating profit margin, after experiencing negative margins in 2020 and 2021, has shown a gradual recovery and stabilization from 2022 onwards.
The pretax margin, reflecting the company's profitability before accounting for taxes, has also recovered from negative values in 2020 and 2021 to positive values in 2022 and beyond. The net profit margin, representing the company's bottom-line profitability, has similarly shown an improvement over the years, with positive margins in 2022 and 2023, although showing a slight decline in the latter half of 2024.
Overall, ProPetro Holding Corp has made progress in enhancing its profitability ratios despite some fluctuations, indicating potential financial stability and improved performance in recent years.
Return on investment
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -12.85% | -11.25% | 5.34% | 8.51% | 9.13% | 12.61% | 13.30% | 12.76% | 12.62% | 8.67% | 4.08% | -0.72% | -6.47% | -9.31% | -12.46% | -14.59% | -8.90% | 1.96% | 12.59% | 17.33% |
| Return on assets (ROA) | -11.27% | -10.77% | 2.24% | 5.01% | 5.78% | 7.86% | 6.35% | 1.36% | 0.15% | -2.73% | -4.34% | -2.03% | -5.11% | -7.10% | -9.58% | -11.45% | -7.28% | -0.89% | 4.92% | 8.07% |
| Return on total capital | -17.29% | -16.65% | 9.06% | 13.73% | 12.51% | 15.68% | 12.25% | 11.25% | 10.08% | 6.42% | 4.17% | -2.08% | -8.21% | -12.04% | -15.63% | -17.89% | -7.48% | 5.50% | 17.76% | 28.69% |
| Return on equity (ROE) | -16.89% | -16.56% | 3.48% | 7.70% | 8.58% | 11.27% | 9.03% | 1.93% | 0.21% | -3.76% | -5.67% | -2.60% | -6.56% | -9.26% | -12.10% | -14.11% | -8.79% | -1.07% | 5.74% | 11.95% |
ProPetro Holding Corp's profitability ratios indicate fluctuations over the periods analyzed.
- Operating return on assets (Operating ROA) improved from negative figures in December 2022 to March 2023, reaching a peak of 13.30% in June 2023. However, it declined thereafter but remained positive until September 2024 when it turned negative again.
- Return on assets (ROA) also displayed variability, with negative values in the first half of the observation period, before turning positive in March 2023, recovering to 5.01% in March 2024, and then declining again.
- Return on total capital had a similar trend to Operating ROA, showing improvement from negative to positive values until March 2023 and then fluctuating, ultimately turning negative in September 2024.
- Return on equity (ROE) also fluctuated but generally displayed an upward trend, turning positive in March 2023, peaking at 11.27% in September 2023, before declining in the last two quarters of 2024.
Overall, while there were periods of improvement in profitability ratios, ProPetro Holding Corp's performance appears to have been volatile, with challenges in sustaining profitability reflected in the negative values observed in some periods. Further analysis of the company's financial and operational strategies may be necessary to understand the reasons behind these fluctuations.