ProPetro Holding Corp (PUMP)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -137,859 | -137,906 | 33,914 | 76,831 | 85,634 | 115,785 | 91,064 | 18,947 | 2,031 | -31,243 | -46,342 | -21,993 | -54,185 | -78,065 | -102,182 | -119,591 | -76,541 | -9,754 | 53,827 | 115,880 |
| Total stockholders’ equity | US$ in thousands | 816,273 | 832,956 | 975,848 | 998,154 | 998,392 | 1,027,330 | 1,008,360 | 982,923 | 954,033 | 830,538 | 817,036 | 847,212 | 826,302 | 842,815 | 844,743 | 847,269 | 870,771 | 911,767 | 938,429 | 969,305 |
| 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $-137,859K ÷ $816,273K
= -16.89%
ProPetro Holding Corp's return on equity (ROE) has shown fluctuations over the periods in the provided data.
From March 31, 2020, to September 30, 2021, the ROE figures were generally negative, indicating the company was not efficiently utilizing its equity to generate profits for its shareholders. The ROEs during this period ranged from -1.07% to -14.11%.
However, from March 31, 2022, there seems to be a slight improvement in the company's ROE. The figures started to climb back towards positive territory, reaching 1.93% by March 31, 2023. This positive trend continued, with ROE reaching as high as 11.27% by September 30, 2023.
In the later periods of December 31, 2023, to December 31, 2024, the ROE figures fluctuated, ranging from 8.58% to -16.89%. These fluctuations suggest that the company's profitability and efficiency in generating returns for its shareholders were not stable during this time frame.
Overall, the analysis of ProPetro Holding Corp's ROE indicates a mix of negative and positive trends over the periods provided, highlighting the importance of closely monitoring the company's performance and profitability metrics.
Peer comparison
Dec 31, 2024