Precision Gross Profit from 2010 to 2025

PDS Stock  USD 44.98  0.48  1.06%   
Precision Drilling Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit is likely to outpace its year average in 2025. Gross Profit is the profit Precision Drilling makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1995-06-30
Previous Quarter
402.1 M
Current Value
155.9 M
Quarterly Volatility
84.3 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Precision Drilling financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Precision Drilling's main balance sheet or income statement drivers, such as Depreciation And Amortization of 237 M, Interest Expense of 116.6 M or Total Revenue of 1.5 B, as well as many indicators such as Price To Sales Ratio of 0.62, Dividend Yield of 0.0612 or PTB Ratio of 0.71. Precision financial statements analysis is a perfect complement when working with Precision Drilling Valuation or Volatility modules.
  
Check out the analysis of Precision Drilling Correlation against competitors.
For more information on how to buy Precision Stock please use our How to Invest in Precision Drilling guide.

Latest Precision Drilling's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Precision Drilling over the last few years. Gross profit is a required income statement account that reflects total revenue of Precision Drilling minus its cost of goods sold. It is profit before Precision Drilling operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Precision Drilling's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Precision Drilling's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 653.64 M10 Years Trend
Pretty Stable
   Gross Profit   
       Timeline  

Precision Gross Profit Regression Statistics

Arithmetic Mean314,090,569
Coefficient Of Variation94.81
Mean Deviation266,097,640
Median213,558,000
Standard Deviation297,774,517
Sample Variance88669.7T
Range867.5M
R-Value0.11
Mean Square Error93844.6T
R-Squared0.01
Significance0.68
Slope6,907,033
Total Sum of Squares1330044.9T

Precision Gross Profit History

2025686.3 M
2024653.6 M
2023733.3 M
2022213.6 M
20216.4 M
202036 M
2019168.7 M

Other Fundumenentals of Precision Drilling

Precision Drilling Gross Profit component correlations

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0.970.590.350.830.850.90.820.5-0.90.460.290.620.31-0.220.50.730.9-0.740.35-0.370.350.360.1
0.710.59-0.210.260.250.780.270.11-0.490.010.540.930.67-0.240.120.750.84-0.70.06-0.120.210.2-0.16
0.30.35-0.210.530.410.240.470.53-0.140.9-0.340.03-0.22-0.570.53-0.370.180.360.91-0.880.820.740.01
0.790.830.260.530.910.730.90.56-0.670.540.10.360.09-0.20.560.430.65-0.440.47-0.450.450.460.06
0.790.850.250.410.910.70.850.53-0.750.450.160.270.09-0.020.530.530.61-0.560.32-0.340.280.270.22
0.980.90.780.240.730.70.80.41-0.790.420.270.850.36-0.280.420.720.94-0.710.41-0.440.430.37-0.04
0.830.820.270.470.90.850.80.51-0.740.5-0.030.42-0.05-0.130.520.460.63-0.490.45-0.440.360.320.12
0.460.50.110.530.560.530.410.51-0.340.360.450.110.43-0.151.00.120.29-0.10.4-0.370.320.26-0.04
-0.86-0.9-0.49-0.14-0.67-0.75-0.79-0.74-0.34-0.27-0.24-0.49-0.19-0.1-0.34-0.76-0.80.78-0.110.13-0.05-0.01-0.15
0.450.460.010.90.540.450.420.50.36-0.27-0.380.24-0.16-0.630.37-0.150.360.150.92-0.910.880.73-0.14
0.280.290.54-0.340.10.160.27-0.030.45-0.24-0.380.310.920.160.450.490.33-0.47-0.350.3-0.24-0.140.07
0.760.620.930.030.360.270.850.420.11-0.490.240.310.48-0.410.120.590.87-0.560.33-0.380.430.41-0.11
0.340.310.67-0.220.090.090.36-0.050.43-0.19-0.160.920.48-0.120.430.470.43-0.41-0.140.090.040.07-0.18
-0.26-0.22-0.24-0.57-0.2-0.02-0.28-0.13-0.15-0.1-0.630.16-0.41-0.12-0.160.14-0.31-0.17-0.720.67-0.81-0.870.28
0.470.50.120.530.560.530.420.521.0-0.340.370.450.120.43-0.160.120.3-0.10.41-0.380.330.27-0.04
0.740.730.75-0.370.430.530.720.460.12-0.76-0.150.490.590.470.140.120.76-0.99-0.270.26-0.19-0.15-0.09
0.940.90.840.180.650.610.940.630.29-0.80.360.330.870.43-0.310.30.76-0.740.33-0.360.40.4-0.05
-0.74-0.74-0.70.36-0.44-0.56-0.71-0.49-0.10.780.15-0.47-0.56-0.41-0.17-0.1-0.99-0.740.29-0.260.230.19-0.03
0.390.350.060.910.470.320.410.450.4-0.110.92-0.350.33-0.14-0.720.41-0.270.330.29-0.980.940.83-0.12
-0.41-0.37-0.12-0.88-0.45-0.34-0.44-0.44-0.370.13-0.910.3-0.380.090.67-0.380.26-0.36-0.26-0.98-0.93-0.8-0.01
0.40.350.210.820.450.280.430.360.32-0.050.88-0.240.430.04-0.810.33-0.190.40.230.94-0.930.92-0.27
0.370.360.20.740.460.270.370.320.26-0.010.73-0.140.410.07-0.870.27-0.150.40.190.83-0.80.92-0.13
0.020.1-0.160.010.060.22-0.040.12-0.04-0.15-0.140.07-0.11-0.180.28-0.04-0.09-0.05-0.03-0.12-0.01-0.27-0.13
Click cells to compare fundamentals

About Precision Drilling Financial Statements

Precision Drilling shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Precision Drilling investors may analyze each financial statement separately, they are all interrelated. The changes in Precision Drilling's assets and liabilities, for example, are also reflected in the revenues and expenses on on Precision Drilling's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit653.6 M686.3 M
Gross Profit Margin 0.84  0.88 

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Additional Tools for Precision Stock Analysis

When running Precision Drilling's price analysis, check to measure Precision Drilling's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Precision Drilling is operating at the current time. Most of Precision Drilling's value examination focuses on studying past and present price action to predict the probability of Precision Drilling's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Precision Drilling's price. Additionally, you may evaluate how the addition of Precision Drilling to your portfolios can decrease your overall portfolio volatility.