ProPetro Holding Corp. (PUMP) 10-Year Financial Performance & Capital Metrics

PUMP • • Industrial / General

EnergyOilfield ServicesPressure Pumping & Hydraulic FracturingPressure Pumping Services

AboutProPetro Holding Corp., an oilfield services company, provides hydraulic fracturing and other related services. The company operates through Pressure Pumping and All Other segments. It offers cementing, acidizing, and coiled tubing services. The company serves oil and gas companies engaged in the exploration and production of North American oil and natural gas resources. As of December 31, 2021, its fleet comprised 12 hydraulic fracturing units with 1,423,000 hydraulic horsepower. ProPetro Holding Corp. was founded in 2007 and is headquartered in Midland, Texas.Show more

Revenue $1.44B -11.4%
EBITDA $45M -85.6%
Net Income -$138M -261.0%
EPS (Diluted) -1.31 -272.4%
Gross Margin 11.57% -40.6%
EBITDA Margin 3.1% -83.8%
Operating Margin -11.56% -244.6%
Net Margin -9.55% -281.7%
ROE -15.19% -273.2%
ROIC -12.19% -225.4%
Debt/Equity 0.21 +44.4%
Interest Coverage -21.36 -187.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 85 (top 15%)
✓Share count reduced 7.0% through buybacks
✓Trading at only 1.3x book value
✓Efficient asset utilization: 1.2x turnover

✗Weaknesses

✗Sales declining 6.8% over 5 years

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y-6.79%

3Y18.2%

TTM-11.65%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM87.69%

EPS CAGR

10Y-

5Y-

3Y-

TTM87.44%

ROCE

10Y Avg0.28%

5Y Avg-4.71%

3Y Avg-1.28%

Latest-15.11%

Peer Comparison

Pressure Pumping Services

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
NESRNational Energy Services Reunited Corp.	1.86B	18.45	23.06	13.6%	5.53%	7.33%	6.68%	0.45
RESRPC, Inc.	1.37B	6.19	14.40	-12.52%	3.12%	4.35%	9.48%	0.03
LBRTLiberty Energy Inc.	3.31B	20.46	10.94	-9.11%	4.76%	8.99%	5.38%	0.27
ACDCProFrac Holding Corp.	792.22M	4.38	-3.17	-16.7%	-16.8%	-34.52%	14.18%	1.18
PUMPProPetro Holding Corp.	1.08B	10.42	-7.95	-11.42%	-1.31%	-2.06%	10.34%	0.21

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	569.62M	436.92M	981.87M	1.7B	2.05B	789.23M	874.51M	1.28B	1.63B	1.44B
Revenue Growth %	-	-0.23%	1.25%	0.74%	0.2%	-0.62%	0.11%	0.46%	0.27%	-0.11%
Cost of Goods Sold+	533.47M	447.68M	869.45M	1.36B	1.62B	737.57M	795.64M	1.01B	1.31B	1.28B
COGS % of Revenue	0.94%	1.02%	0.89%	0.8%	0.79%	0.93%	0.91%	0.79%	0.81%	0.88%
Gross Profit+	36.15M	-10.76M	112.41M	345.85M	436.65M	51.66M	78.87M	268.77M	317.71M	167.04M
Gross Margin %	0.06%	-0.02%	0.11%	0.2%	0.21%	0.07%	0.09%	0.21%	0.19%	0.12%
Gross Profit Growth %	-	-1.3%	11.45%	2.08%	0.26%	-0.88%	0.53%	2.41%	0.18%	-0.47%
Operating Expenses+	27.37M	26.61M	49.22M	53.96M	215.29M	182.91M	147.57M	271.36M	187.37M	334M
OpEx % of Revenue	0.05%	0.06%	0.05%	0.03%	0.1%	0.23%	0.17%	0.21%	0.11%	0.23%
Selling, General & Admin	27.37M	26.61M	49.22M	53.96M	105.08M	86.77M	82.92M	111.76M	114.35M	114.32M
SG&A % of Revenue	0.05%	0.06%	0.05%	0.03%	0.05%	0.11%	0.09%	0.09%	0.07%	0.08%
Research & Development	300K	300K	300K	0	0	0	0	0	0	0
R&D % of Revenue	0%	0%	0%	-	-	-	-	-	-	-
Other Operating Expenses	-497.92K	-321.07K	0	0	110.22M	96.14M	64.65M	159.6M	73.02M	219.68M
Operating Income+	-49.1M	-67.39M	24.11M	232.67M	221.36M	-131.24M	-68.7M	-2.59M	130.34M	-166.96M
Operating Margin %	-0.09%	-0.15%	0.02%	0.14%	0.11%	-0.17%	-0.08%	-0%	0.08%	-0.12%
Operating Income Growth %	-	-0.37%	1.36%	8.65%	-0.05%	-1.59%	0.48%	0.96%	51.31%	-2.28%
EBITDA+	1.03M	-22M	81.59M	321.42M	366.67M	22.05M	64.68M	125.52M	311.23M	44.77M
EBITDA Margin %	0%	-0.05%	0.08%	0.19%	0.18%	0.03%	0.07%	0.1%	0.19%	0.03%
EBITDA Growth %	-	-22.29%	4.71%	2.94%	0.14%	-0.94%	1.93%	0.94%	1.48%	-0.86%
D&A (Non-Cash Add-back)	50.13M	45.39M	57.47M	88.75M	145.3M	153.29M	133.38M	128.11M	180.89M	211.73M
EBIT	-49.6M	-60.73M	23.09M	232.01M	220.65M	-132.12M	-67.82M	8.99M	120.81M	-161.43M
Net Interest Income+	-21.64M	-20.39M	-7.35M	-6.89M	-7.14M	-2.38M	-614K	-1.6M	-5.31M	-7.82M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	21.64M	20.39M	7.35M	6.89M	7.14M	2.38M	614K	1.6M	5.31M	7.82M
Other Income/Expense	-22.14M	-13.73M	-8.37M	-7.55M	-7.86M	-3.26M	259K	9.98M	-14.84M	-2.28M
Pretax Income+	-71.24M	-81.12M	15.74M	225.12M	213.5M	-134.5M	-68.44M	7.39M	115.5M	-169.24M
Pretax Margin %	-0.13%	-0.19%	0.02%	0.13%	0.1%	-0.17%	-0.08%	0.01%	0.07%	-0.12%
Income Tax+	-25.39M	-27.97M	3.13M	51.26M	50.49M	-27.48M	-14.25M	5.36M	29.87M	-31.39M
Effective Tax Rate %	0.64%	0.66%	0.8%	0.77%	0.76%	0.8%	0.79%	0.27%	0.74%	0.81%
Net Income+	-45.85M	-53.15M	12.61M	173.86M	163.01M	-107.02M	-54.19M	2.03M	85.63M	-137.86M
Net Margin %	-0.08%	-0.12%	0.01%	0.1%	0.08%	-0.14%	-0.06%	0%	0.05%	-0.1%
Net Income Growth %	-	-0.16%	1.24%	12.78%	-0.06%	-1.66%	0.49%	1.04%	41.18%	-2.61%
Net Income (Continuing)	-45.85M	-53.15M	12.61M	173.86M	163.01M	-107.02M	-54.19M	2.03M	85.63M	-137.86M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.55	-0.66	0.16	2.00	1.57	-1.06	-0.53	0.02	0.76	-1.31
EPS Growth %	-	-0.2%	1.24%	11.5%	-0.21%	-1.68%	0.5%	1.04%	39%	-2.72%
EPS (Basic)	-0.55	-0.66	0.17	2.08	1.62	-1.06	-0.53	0.02	0.76	-1.32
Diluted Shares Outstanding	83.04M	80.43M	79.58M	87.05M	103.75M	100.83M	102.66M	106.94M	113.42M	105.47M
Basic Shares Outstanding	83.04M	80.43M	76.37M	83.46M	100.47M	100.83M	102.66M	105.87M	113M	104.12M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	138.47M	264.78M	235.66M	349.26M	375.59M	167.73M	251.06M	328.79M	310.81M	292.22M
Cash & Short-Term Investments	34.31M	133.6M	23.95M	132.7M	149.04M	68.77M	111.92M	99.14M	41.1M	58.29M
Cash Only	34.31M	133.6M	23.95M	132.7M	149.04M	68.77M	111.92M	88.86M	33.35M	50.44M
Short-Term Investments	0	0	0	0	0	0	0	10.28M	7.75M	7.85M
Accounts Receivable	90.29M	115.18M	199.66M	202.96M	212.18M	84.24M	128.15M	215.93M	237.01M	195.99M
Days Sales Outstanding	57.86	96.22	74.22	43.46	37.74	38.96	53.49	61.59	53.06	49.53
Inventory	8.57M	4.71M	6.18M	6.35M	2.44M	2.73M	3.95M	5.03M	17.7M	16.16M
Days Inventory Outstanding	5.87	3.84	2.6	1.71	0.55	1.35	1.81	1.82	4.92	4.62
Other Current Assets	803.83K	6.68M	748K	638K	1.12M	782K	297K	38K	353K	4.05M
Total Non-Current Assets+	307.99M	276.64M	483.37M	925.26M	1.06B	883.01M	810.17M	1.01B	1.17B	931.42M
Property, Plant & Equipment	291.84M	263.86M	470.91M	912.85M	1.05B	881.19M	808.9M	925.88M	1.09B	851.23M
Fixed Asset Turnover	1.95x	1.66x	2.09x	1.87x	1.96x	0.90x	1.08x	1.38x	1.49x	1.70x
Goodwill	10.6M	9.43M	9.43M	9.43M	9.43M	0	0	23.62M	23.62M	920K
Intangible Assets	877.03K	589.04K	301K	13K	0	0	0	56.34M	50.62M	64.91M
Long-Term Investments	-44.37M	-61.95M	-4.27M	-54.28M	-103.04M	0	0	0	0	0
Other Non-Current Assets	4.67M	2.77M	2.12M	2.98M	2.57M	1.83M	1.27M	1.15M	2.12M	14.37M
Total Assets+	446.45M	541.42M	719.03M	1.27B	1.44B	1.05B	1.06B	1.34B	1.48B	1.22B
Asset Turnover	1.28x	0.81x	1.37x	1.34x	1.43x	0.75x	0.82x	0.96x	1.10x	1.18x
Asset Growth %	-	0.21%	0.33%	0.77%	0.13%	-0.27%	0.01%	0.26%	0.11%	-0.17%
Total Current Liabilities+	110.79M	159.74M	243.6M	352.76M	232.97M	104.16M	173.78M	284.18M	271.15M	222.27M
Accounts Payable	87.37M	129.09M	211.15M	214.46M	193.1M	79.15M	152.65M	234.3M	161.44M	92.96M
Days Payables Outstanding	59.77	105.25	88.64	57.61	43.62	39.17	70.03	84.59	44.89	26.57
Short-Term Debt	16.3M	16.92M	15.76M	0	0	334K	0	0	0	0
Deferred Revenue (Current)	-1000K	0	615K	0	0	0	0	1000K	1000K	1000K
Other Current Liabilities	5.87M	9M	6.57M	113.95M	0	6.55M	13.95M	0	0	0
Current Ratio	1.25x	1.66x	0.97x	0.99x	1.61x	1.61x	1.44x	1.16x	1.15x	1.31x
Quick Ratio	1.17x	1.63x	0.94x	0.97x	1.60x	1.58x	1.42x	1.14x	1.08x	1.24x
Cash Conversion Cycle	3.95	-5.19	-11.82	-12.45	-5.34	1.14	-14.73	-21.19	13.09	27.58
Total Non-Current Liabilities+	266.09M	160.67M	62.18M	124.41M	233.84M	75.81M	61.15M	97.57M	210.77M	185.11M
Long-Term Debt	236.88M	159.41M	57.18M	70M	130M	0	0	30M	45M	45M
Capital Lease Obligations	0	0	0	0	799K	465K	97K	2.31M	69.49M	72.04M
Deferred Tax Liabilities	29.12M	1.15M	4.88M	54.28M	103.04M	75.34M	0	65.27M	93.11M	59.77M
Other Non-Current Liabilities	98.07K	1.27M	125K	124K	0	0	61.05M	0	3.18M	8.3M
Total Liabilities	376.88M	320.41M	305.78M	477.17M	466.81M	179.97M	234.93M	381.75M	481.92M	407.37M
Total Debt+	253.17M	176.33M	72.94M	70M	133.93M	799K	466K	33.16M	148.58M	175.42M
Net Debt	218.86M	42.73M	48.99M	-62.7M	-15.1M	-67.97M	-111.45M	-55.7M	115.22M	124.97M
Debt / Equity	3.64x	0.80x	0.18x	0.09x	0.14x	0.00x	0.00x	0.03x	0.15x	0.21x
Debt / EBITDA	245.06x	-	0.89x	0.22x	0.37x	0.04x	0.01x	0.26x	0.48x	3.92x
Net Debt / EBITDA	211.85x	-	0.60x	-0.20x	-0.04x	-3.08x	-1.72x	-0.44x	0.37x	2.79x
Interest Coverage	-2.27x	-3.31x	3.28x	33.77x	31.00x	-55.07x	-111.88x	-1.61x	24.56x	-21.36x
Total Equity+	69.57M	221.01M	413.25M	797.36M	969.3M	870.77M	826.3M	954.03M	998.39M	816.27M
Equity Growth %	-	2.18%	0.87%	0.93%	0.22%	-0.1%	-0.05%	0.15%	0.05%	-0.18%
Book Value per Share	0.84	2.75	5.19	9.16	9.34	8.64	8.05	8.92	8.80	7.74
Total Shareholders' Equity	69.57M	221.01M	413.25M	797.36M	969.3M	870.77M	826.3M	954.03M	998.39M	816.27M
Common Stock	24.13K	36.3K	83K	100K	101K	101K	103K	114K	109K	103K
Retained Earnings	-153.76M	-206.91M	-194.3M	-20.43M	142.57M	35.55M	-18.63M	-16.6M	69.03M	-68.83M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-112.25M	-143.28M	-180.88M	-229.6M	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	81.23M	10.66M	109.26M	393.08M	455.29M	139.12M	154.71M	300.43M	374.74M	252.29M
Operating CF Margin %	0.14%	0.02%	0.11%	0.23%	0.22%	0.18%	0.18%	0.23%	0.23%	0.17%
Operating CF Growth %	-	-0.87%	9.25%	2.6%	0.16%	-0.69%	0.11%	0.94%	0.25%	-0.33%
Net Income	-45.85M	-53.15M	12.61M	173.86M	163.01M	-107.02M	-54.19M	2.03M	85.63M	-137.86M
Depreciation & Amortization	50.13M	43.54M	55.63M	88.14M	145.3M	153.29M	133.92M	128.11M	180.89M	211.73M
Stock-Based Compensation	1.24M	1.65M	9.49M	5.48M	0	9.1M	11.52M	21.88M	14.45M	17.29M
Deferred Taxes	-23.94M	-27.97M	3.43M	49.7M	48.76M	-27.7M	0	4.21M	27.84M	0
Other Non-Cash Items	61.33M	26.77M	44.08M	60.24M	119.48M	97.13M	102.4M	159.49M	75.95M	184.07M
Working Capital Changes	38.32M	19.82M	-15.99M	15.65M	-21.27M	14.33M	-38.94M	-15.3M	-10.01M	-22.94M
Change in Receivables	67.35M	-24.89M	-84.48M	-3.3M	-10.18M	127.49M	-43.74M	-66.9M	-12.41M	51.5M
Change in Inventory	-622.49K	3.86M	-1.47M	-168K	3.92M	-293K	-1.22M	124K	-6.02M	1.54M
Change in Payables	-23.89M	37.05M	64.23M	9.72M	-25.24M	-95.7M	0	27.43M	-11.43M	-64.5M
Cash from Investing+	-62.78M	-41.69M	-281.47M	-280.6M	-495.3M	-94.22M	-104.29M	-349.75M	-384.13M	-155.1M
Capital Expenditures	-62.86M	-42.83M	-285.89M	-284.2M	-502.89M	-100.6M	-143.52M	-319.68M	-370.87M	-140.3M
CapEx % of Revenue	0.11%	0.1%	0.29%	0.17%	0.25%	0.13%	0.16%	0.25%	0.23%	0.1%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	79.05K	1.14M	4.42M	3.59M	0	0	39.23M	8.58M	8.96M	6.24M
Cash from Financing+	-15.22M	130.32M	62.56M	-3.72M	56.34M	-125.17M	-7.28M	26.26M	-46.12M	-80.11M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-2.15M	-8.81M	-1.33M	1.58M	-4.55M	5.47M	4.02M	-3.74M	-4.72M	-3.32M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	18.38M	-32.17M	-176.63M	108.88M	-47.6M	38.52M	11.19M	-19.25M	3.87M	112M
FCF Margin %	0.03%	-0.07%	-0.18%	0.06%	-0.02%	0.05%	0.01%	-0.02%	0%	0.08%
FCF Growth %	-	-2.75%	-4.49%	1.62%	-1.44%	1.81%	-0.71%	-2.72%	1.2%	27.92%
FCF per Share	0.22	-0.40	-2.22	1.25	-0.46	0.38	0.11	-0.18	0.03	1.06
FCF Conversion (FCF/Net Income)	-1.77x	-0.20x	8.66x	2.26x	2.79x	-1.30x	-2.86x	147.99x	4.38x	-1.83x
Interest Paid	0	0	0	0	0	0	72K	467K	4.56M	0
Taxes Paid	0	0	0	0	0	0	0	129K	1.11M	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-65.91%	-36.58%	3.98%	28.72%	18.45%	-11.63%	-6.39%	0.23%	8.77%	-15.19%
Return on Invested Capital (ROIC)	-12.77%	-18.31%	4.98%	29.16%	19.66%	-11.2%	-6.79%	-0.24%	9.72%	-12.19%
Gross Margin	6.35%	-2.46%	11.45%	20.29%	21.28%	6.55%	9.02%	21%	19.49%	11.57%
Net Margin	-8.05%	-12.16%	1.28%	10.2%	7.94%	-13.56%	-6.2%	0.16%	5.25%	-9.55%
Debt / Equity	3.64x	0.80x	0.18x	0.09x	0.14x	0.00x	0.00x	0.03x	0.15x	0.21x
Interest Coverage	-2.27x	-3.31x	3.28x	33.77x	31.00x	-55.07x	-111.88x	-1.61x	24.56x	-21.36x
FCF Conversion	-1.77x	-0.20x	8.66x	2.26x	2.79x	-1.30x	-2.86x	147.99x	4.38x	-1.83x
Revenue Growth	-	-23.3%	124.72%	73.6%	20.4%	-61.54%	10.81%	46.33%	27.4%	-11.42%

Revenue by Segment

	2017	2018	2019	2020	2021	2022	2023
Corporate and Other	36.83M	-	50.69M	15.76M	16.87M	13.44M	120.28M
Corporate and Other Growth	-	-	-	-68.91%	7.07%	-20.34%	794.92%
Pressure Pumping	945.04M	-	2B	773.47M	857.64M	1.27B	-
Pressure Pumping Growth	-	-	-	-61.36%	10.88%	47.64%	-
Oil and Gas Service	-	1.7B	-	-	-	-	-
Oil and Gas Service Growth	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

ProPetro Holding Corp. (PUMP) reported $1.30B in revenue for fiscal year 2024. This represents a 128% increase from $569.6M in 2015.

ProPetro Holding Corp. (PUMP) saw revenue decline by 11.4% over the past year.

ProPetro Holding Corp. (PUMP) reported a net loss of $17.0M for fiscal year 2024.

Dividend & Returns

ProPetro Holding Corp. (PUMP) has a return on equity (ROE) of -15.2%. Negative ROE indicates the company is unprofitable.

ProPetro Holding Corp. (PUMP) generated $38.5M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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ProPetro Holding Corp. (PUMP) 10-Year Financial Performance & Capital Metrics

PUMP • • Industrial / General

EnergyOilfield ServicesPressure Pumping & Hydraulic FracturingPressure Pumping Services

Revenue $1.44B -11.4%
EBITDA $45M -85.6%
Net Income -$138M -261.0%
EPS (Diluted) -1.31 -272.4%
Gross Margin 11.57% -40.6%
EBITDA Margin 3.1% -83.8%
Operating Margin -11.56% -244.6%
Net Margin -9.55% -281.7%
ROE -15.19% -273.2%
ROIC -12.19% -225.4%
Debt/Equity 0.21 +44.4%
Interest Coverage -21.36 -187.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 85 (top 15%)
✓Share count reduced 7.0% through buybacks
✓Trading at only 1.3x book value
✓Efficient asset utilization: 1.2x turnover

✗Weaknesses

✗Sales declining 6.8% over 5 years

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-6.79%

3Y18.2%

TTM-11.65%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM87.69%

EPS CAGR

10Y-

5Y-

3Y-

TTM87.44%

ROCE

10Y Avg0.28%

5Y Avg-4.71%

3Y Avg-1.28%

Latest-15.11%

Peer Comparison

Pressure Pumping Services

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
NESRNational Energy Services Reunited Corp.	1.86B	18.45	23.06	13.6%	5.53%	7.33%	6.68%	0.45
RESRPC, Inc.	1.37B	6.19	14.40	-12.52%	3.12%	4.35%	9.48%	0.03
LBRTLiberty Energy Inc.	3.31B	20.46	10.94	-9.11%	4.76%	8.99%	5.38%	0.27
ACDCProFrac Holding Corp.	792.22M	4.38	-3.17	-16.7%	-16.8%	-34.52%	14.18%	1.18
PUMPProPetro Holding Corp.	1.08B	10.42	-7.95	-11.42%	-1.31%	-2.06%	10.34%	0.21

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	569.62M	436.92M	981.87M	1.7B	2.05B	789.23M	874.51M	1.28B	1.63B	1.44B
Revenue Growth %	-	-0.23%	1.25%	0.74%	0.2%	-0.62%	0.11%	0.46%	0.27%	-0.11%
Cost of Goods Sold+	533.47M	447.68M	869.45M	1.36B	1.62B	737.57M	795.64M	1.01B	1.31B	1.28B
COGS % of Revenue	0.94%	1.02%	0.89%	0.8%	0.79%	0.93%	0.91%	0.79%	0.81%	0.88%
Gross Profit+	36.15M	-10.76M	112.41M	345.85M	436.65M	51.66M	78.87M	268.77M	317.71M	167.04M
Gross Margin %	0.06%	-0.02%	0.11%	0.2%	0.21%	0.07%	0.09%	0.21%	0.19%	0.12%
Gross Profit Growth %	-	-1.3%	11.45%	2.08%	0.26%	-0.88%	0.53%	2.41%	0.18%	-0.47%
Operating Expenses+	27.37M	26.61M	49.22M	53.96M	215.29M	182.91M	147.57M	271.36M	187.37M	334M
OpEx % of Revenue	0.05%	0.06%	0.05%	0.03%	0.1%	0.23%	0.17%	0.21%	0.11%	0.23%
Selling, General & Admin	27.37M	26.61M	49.22M	53.96M	105.08M	86.77M	82.92M	111.76M	114.35M	114.32M
SG&A % of Revenue	0.05%	0.06%	0.05%	0.03%	0.05%	0.11%	0.09%	0.09%	0.07%	0.08%
Research & Development	300K	300K	300K	0	0	0	0	0	0	0
R&D % of Revenue	0%	0%	0%	-	-	-	-	-	-	-
Other Operating Expenses	-497.92K	-321.07K	0	0	110.22M	96.14M	64.65M	159.6M	73.02M	219.68M
Operating Income+	-49.1M	-67.39M	24.11M	232.67M	221.36M	-131.24M	-68.7M	-2.59M	130.34M	-166.96M
Operating Margin %	-0.09%	-0.15%	0.02%	0.14%	0.11%	-0.17%	-0.08%	-0%	0.08%	-0.12%
Operating Income Growth %	-	-0.37%	1.36%	8.65%	-0.05%	-1.59%	0.48%	0.96%	51.31%	-2.28%
EBITDA+	1.03M	-22M	81.59M	321.42M	366.67M	22.05M	64.68M	125.52M	311.23M	44.77M
EBITDA Margin %	0%	-0.05%	0.08%	0.19%	0.18%	0.03%	0.07%	0.1%	0.19%	0.03%
EBITDA Growth %	-	-22.29%	4.71%	2.94%	0.14%	-0.94%	1.93%	0.94%	1.48%	-0.86%
D&A (Non-Cash Add-back)	50.13M	45.39M	57.47M	88.75M	145.3M	153.29M	133.38M	128.11M	180.89M	211.73M
EBIT	-49.6M	-60.73M	23.09M	232.01M	220.65M	-132.12M	-67.82M	8.99M	120.81M	-161.43M
Net Interest Income+	-21.64M	-20.39M	-7.35M	-6.89M	-7.14M	-2.38M	-614K	-1.6M	-5.31M	-7.82M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	21.64M	20.39M	7.35M	6.89M	7.14M	2.38M	614K	1.6M	5.31M	7.82M
Other Income/Expense	-22.14M	-13.73M	-8.37M	-7.55M	-7.86M	-3.26M	259K	9.98M	-14.84M	-2.28M
Pretax Income+	-71.24M	-81.12M	15.74M	225.12M	213.5M	-134.5M	-68.44M	7.39M	115.5M	-169.24M
Pretax Margin %	-0.13%	-0.19%	0.02%	0.13%	0.1%	-0.17%	-0.08%	0.01%	0.07%	-0.12%
Income Tax+	-25.39M	-27.97M	3.13M	51.26M	50.49M	-27.48M	-14.25M	5.36M	29.87M	-31.39M
Effective Tax Rate %	0.64%	0.66%	0.8%	0.77%	0.76%	0.8%	0.79%	0.27%	0.74%	0.81%
Net Income+	-45.85M	-53.15M	12.61M	173.86M	163.01M	-107.02M	-54.19M	2.03M	85.63M	-137.86M
Net Margin %	-0.08%	-0.12%	0.01%	0.1%	0.08%	-0.14%	-0.06%	0%	0.05%	-0.1%
Net Income Growth %	-	-0.16%	1.24%	12.78%	-0.06%	-1.66%	0.49%	1.04%	41.18%	-2.61%
Net Income (Continuing)	-45.85M	-53.15M	12.61M	173.86M	163.01M	-107.02M	-54.19M	2.03M	85.63M	-137.86M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.55	-0.66	0.16	2.00	1.57	-1.06	-0.53	0.02	0.76	-1.31
EPS Growth %	-	-0.2%	1.24%	11.5%	-0.21%	-1.68%	0.5%	1.04%	39%	-2.72%
EPS (Basic)	-0.55	-0.66	0.17	2.08	1.62	-1.06	-0.53	0.02	0.76	-1.32
Diluted Shares Outstanding	83.04M	80.43M	79.58M	87.05M	103.75M	100.83M	102.66M	106.94M	113.42M	105.47M
Basic Shares Outstanding	83.04M	80.43M	76.37M	83.46M	100.47M	100.83M	102.66M	105.87M	113M	104.12M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	138.47M	264.78M	235.66M	349.26M	375.59M	167.73M	251.06M	328.79M	310.81M	292.22M
Cash & Short-Term Investments	34.31M	133.6M	23.95M	132.7M	149.04M	68.77M	111.92M	99.14M	41.1M	58.29M
Cash Only	34.31M	133.6M	23.95M	132.7M	149.04M	68.77M	111.92M	88.86M	33.35M	50.44M
Short-Term Investments	0	0	0	0	0	0	0	10.28M	7.75M	7.85M
Accounts Receivable	90.29M	115.18M	199.66M	202.96M	212.18M	84.24M	128.15M	215.93M	237.01M	195.99M
Days Sales Outstanding	57.86	96.22	74.22	43.46	37.74	38.96	53.49	61.59	53.06	49.53
Inventory	8.57M	4.71M	6.18M	6.35M	2.44M	2.73M	3.95M	5.03M	17.7M	16.16M
Days Inventory Outstanding	5.87	3.84	2.6	1.71	0.55	1.35	1.81	1.82	4.92	4.62
Other Current Assets	803.83K	6.68M	748K	638K	1.12M	782K	297K	38K	353K	4.05M
Total Non-Current Assets+	307.99M	276.64M	483.37M	925.26M	1.06B	883.01M	810.17M	1.01B	1.17B	931.42M
Property, Plant & Equipment	291.84M	263.86M	470.91M	912.85M	1.05B	881.19M	808.9M	925.88M	1.09B	851.23M
Fixed Asset Turnover	1.95x	1.66x	2.09x	1.87x	1.96x	0.90x	1.08x	1.38x	1.49x	1.70x
Goodwill	10.6M	9.43M	9.43M	9.43M	9.43M	0	0	23.62M	23.62M	920K
Intangible Assets	877.03K	589.04K	301K	13K	0	0	0	56.34M	50.62M	64.91M
Long-Term Investments	-44.37M	-61.95M	-4.27M	-54.28M	-103.04M	0	0	0	0	0
Other Non-Current Assets	4.67M	2.77M	2.12M	2.98M	2.57M	1.83M	1.27M	1.15M	2.12M	14.37M
Total Assets+	446.45M	541.42M	719.03M	1.27B	1.44B	1.05B	1.06B	1.34B	1.48B	1.22B
Asset Turnover	1.28x	0.81x	1.37x	1.34x	1.43x	0.75x	0.82x	0.96x	1.10x	1.18x
Asset Growth %	-	0.21%	0.33%	0.77%	0.13%	-0.27%	0.01%	0.26%	0.11%	-0.17%
Total Current Liabilities+	110.79M	159.74M	243.6M	352.76M	232.97M	104.16M	173.78M	284.18M	271.15M	222.27M
Accounts Payable	87.37M	129.09M	211.15M	214.46M	193.1M	79.15M	152.65M	234.3M	161.44M	92.96M
Days Payables Outstanding	59.77	105.25	88.64	57.61	43.62	39.17	70.03	84.59	44.89	26.57
Short-Term Debt	16.3M	16.92M	15.76M	0	0	334K	0	0	0	0
Deferred Revenue (Current)	-1000K	0	615K	0	0	0	0	1000K	1000K	1000K
Other Current Liabilities	5.87M	9M	6.57M	113.95M	0	6.55M	13.95M	0	0	0
Current Ratio	1.25x	1.66x	0.97x	0.99x	1.61x	1.61x	1.44x	1.16x	1.15x	1.31x
Quick Ratio	1.17x	1.63x	0.94x	0.97x	1.60x	1.58x	1.42x	1.14x	1.08x	1.24x
Cash Conversion Cycle	3.95	-5.19	-11.82	-12.45	-5.34	1.14	-14.73	-21.19	13.09	27.58
Total Non-Current Liabilities+	266.09M	160.67M	62.18M	124.41M	233.84M	75.81M	61.15M	97.57M	210.77M	185.11M
Long-Term Debt	236.88M	159.41M	57.18M	70M	130M	0	0	30M	45M	45M
Capital Lease Obligations	0	0	0	0	799K	465K	97K	2.31M	69.49M	72.04M
Deferred Tax Liabilities	29.12M	1.15M	4.88M	54.28M	103.04M	75.34M	0	65.27M	93.11M	59.77M
Other Non-Current Liabilities	98.07K	1.27M	125K	124K	0	0	61.05M	0	3.18M	8.3M
Total Liabilities	376.88M	320.41M	305.78M	477.17M	466.81M	179.97M	234.93M	381.75M	481.92M	407.37M
Total Debt+	253.17M	176.33M	72.94M	70M	133.93M	799K	466K	33.16M	148.58M	175.42M
Net Debt	218.86M	42.73M	48.99M	-62.7M	-15.1M	-67.97M	-111.45M	-55.7M	115.22M	124.97M
Debt / Equity	3.64x	0.80x	0.18x	0.09x	0.14x	0.00x	0.00x	0.03x	0.15x	0.21x
Debt / EBITDA	245.06x	-	0.89x	0.22x	0.37x	0.04x	0.01x	0.26x	0.48x	3.92x
Net Debt / EBITDA	211.85x	-	0.60x	-0.20x	-0.04x	-3.08x	-1.72x	-0.44x	0.37x	2.79x
Interest Coverage	-2.27x	-3.31x	3.28x	33.77x	31.00x	-55.07x	-111.88x	-1.61x	24.56x	-21.36x
Total Equity+	69.57M	221.01M	413.25M	797.36M	969.3M	870.77M	826.3M	954.03M	998.39M	816.27M
Equity Growth %	-	2.18%	0.87%	0.93%	0.22%	-0.1%	-0.05%	0.15%	0.05%	-0.18%
Book Value per Share	0.84	2.75	5.19	9.16	9.34	8.64	8.05	8.92	8.80	7.74
Total Shareholders' Equity	69.57M	221.01M	413.25M	797.36M	969.3M	870.77M	826.3M	954.03M	998.39M	816.27M
Common Stock	24.13K	36.3K	83K	100K	101K	101K	103K	114K	109K	103K
Retained Earnings	-153.76M	-206.91M	-194.3M	-20.43M	142.57M	35.55M	-18.63M	-16.6M	69.03M	-68.83M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-112.25M	-143.28M	-180.88M	-229.6M	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	81.23M	10.66M	109.26M	393.08M	455.29M	139.12M	154.71M	300.43M	374.74M	252.29M
Operating CF Margin %	0.14%	0.02%	0.11%	0.23%	0.22%	0.18%	0.18%	0.23%	0.23%	0.17%
Operating CF Growth %	-	-0.87%	9.25%	2.6%	0.16%	-0.69%	0.11%	0.94%	0.25%	-0.33%
Net Income	-45.85M	-53.15M	12.61M	173.86M	163.01M	-107.02M	-54.19M	2.03M	85.63M	-137.86M
Depreciation & Amortization	50.13M	43.54M	55.63M	88.14M	145.3M	153.29M	133.92M	128.11M	180.89M	211.73M
Stock-Based Compensation	1.24M	1.65M	9.49M	5.48M	0	9.1M	11.52M	21.88M	14.45M	17.29M
Deferred Taxes	-23.94M	-27.97M	3.43M	49.7M	48.76M	-27.7M	0	4.21M	27.84M	0
Other Non-Cash Items	61.33M	26.77M	44.08M	60.24M	119.48M	97.13M	102.4M	159.49M	75.95M	184.07M
Working Capital Changes	38.32M	19.82M	-15.99M	15.65M	-21.27M	14.33M	-38.94M	-15.3M	-10.01M	-22.94M
Change in Receivables	67.35M	-24.89M	-84.48M	-3.3M	-10.18M	127.49M	-43.74M	-66.9M	-12.41M	51.5M
Change in Inventory	-622.49K	3.86M	-1.47M	-168K	3.92M	-293K	-1.22M	124K	-6.02M	1.54M
Change in Payables	-23.89M	37.05M	64.23M	9.72M	-25.24M	-95.7M	0	27.43M	-11.43M	-64.5M
Cash from Investing+	-62.78M	-41.69M	-281.47M	-280.6M	-495.3M	-94.22M	-104.29M	-349.75M	-384.13M	-155.1M
Capital Expenditures	-62.86M	-42.83M	-285.89M	-284.2M	-502.89M	-100.6M	-143.52M	-319.68M	-370.87M	-140.3M
CapEx % of Revenue	0.11%	0.1%	0.29%	0.17%	0.25%	0.13%	0.16%	0.25%	0.23%	0.1%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	79.05K	1.14M	4.42M	3.59M	0	0	39.23M	8.58M	8.96M	6.24M
Cash from Financing+	-15.22M	130.32M	62.56M	-3.72M	56.34M	-125.17M	-7.28M	26.26M	-46.12M	-80.11M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-2.15M	-8.81M	-1.33M	1.58M	-4.55M	5.47M	4.02M	-3.74M	-4.72M	-3.32M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	18.38M	-32.17M	-176.63M	108.88M	-47.6M	38.52M	11.19M	-19.25M	3.87M	112M
FCF Margin %	0.03%	-0.07%	-0.18%	0.06%	-0.02%	0.05%	0.01%	-0.02%	0%	0.08%
FCF Growth %	-	-2.75%	-4.49%	1.62%	-1.44%	1.81%	-0.71%	-2.72%	1.2%	27.92%
FCF per Share	0.22	-0.40	-2.22	1.25	-0.46	0.38	0.11	-0.18	0.03	1.06
FCF Conversion (FCF/Net Income)	-1.77x	-0.20x	8.66x	2.26x	2.79x	-1.30x	-2.86x	147.99x	4.38x	-1.83x
Interest Paid	0	0	0	0	0	0	72K	467K	4.56M	0
Taxes Paid	0	0	0	0	0	0	0	129K	1.11M	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-65.91%	-36.58%	3.98%	28.72%	18.45%	-11.63%	-6.39%	0.23%	8.77%	-15.19%
Return on Invested Capital (ROIC)	-12.77%	-18.31%	4.98%	29.16%	19.66%	-11.2%	-6.79%	-0.24%	9.72%	-12.19%
Gross Margin	6.35%	-2.46%	11.45%	20.29%	21.28%	6.55%	9.02%	21%	19.49%	11.57%
Net Margin	-8.05%	-12.16%	1.28%	10.2%	7.94%	-13.56%	-6.2%	0.16%	5.25%	-9.55%
Debt / Equity	3.64x	0.80x	0.18x	0.09x	0.14x	0.00x	0.00x	0.03x	0.15x	0.21x
Interest Coverage	-2.27x	-3.31x	3.28x	33.77x	31.00x	-55.07x	-111.88x	-1.61x	24.56x	-21.36x
FCF Conversion	-1.77x	-0.20x	8.66x	2.26x	2.79x	-1.30x	-2.86x	147.99x	4.38x	-1.83x
Revenue Growth	-	-23.3%	124.72%	73.6%	20.4%	-61.54%	10.81%	46.33%	27.4%	-11.42%

Revenue by Segment

	2017	2018	2019	2020	2021	2022	2023
Corporate and Other	36.83M	-	50.69M	15.76M	16.87M	13.44M	120.28M
Corporate and Other Growth	-	-	-	-68.91%	7.07%	-20.34%	794.92%
Pressure Pumping	945.04M	-	2B	773.47M	857.64M	1.27B	-
Pressure Pumping Growth	-	-	-	-61.36%	10.88%	47.64%	-
Oil and Gas Service	-	1.7B	-	-	-	-	-
Oil and Gas Service Growth	-	-	-	-	-	-	-

Frequently Asked Questions

Growth & Financials

ProPetro Holding Corp. (PUMP) reported $1.30B in revenue for fiscal year 2024. This represents a 128% increase from $569.6M in 2015.

ProPetro Holding Corp. (PUMP) saw revenue decline by 11.4% over the past year.

ProPetro Holding Corp. (PUMP) reported a net loss of $17.0M for fiscal year 2024.

Dividend & Returns

ProPetro Holding Corp. (PUMP) has a return on equity (ROE) of -15.2%. Negative ROE indicates the company is unprofitable.

ProPetro Holding Corp. (PUMP) generated $38.5M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.