Precision Income Before Tax from 2010 to 2025

PDS Stock  USD 46.91  0.94  2.04%   
Precision Drilling Income Before Tax yearly trend continues to be comparatively stable with very little volatility. Income Before Tax is likely to outpace its year average in 2025. From the period from 2010 to 2025, Precision Drilling Income Before Tax quarterly data regression had r-value of  0.09 and coefficient of variation of (604.50). View All Fundamentals
 
Income Before Tax  
First Reported
1995-06-30
Previous Quarter
53.1 M
Current Value
20.6 M
Quarterly Volatility
83.6 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 Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Precision Drilling over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Precision Drilling income statement and is an important metric when analyzing Precision Drilling profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Precision Drilling's Income Before Tax 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.
Income Before Tax10 Years Trend
Very volatile
   Income Before Tax   
       Timeline  

Precision Income Before Tax Regression Statistics

Arithmetic Mean(38,816,128)
Geometric Mean104,188,838
Coefficient Of Variation(604.50)
Mean Deviation186,185,029
Median21,077,000
Standard Deviation234,644,423
Sample Variance55058T
Range832M
R-Value0.09
Mean Square Error58509.5T
R-Squared0.01
Significance0.74
Slope4,451,472
Total Sum of Squares825870.1T

Precision Income Before Tax History

2025162.3 M
2024154.6 M
2023265.8 M
2022-14.1 M
2021-182.8 M
2020-109.2 M
2019-8.3 M

About Precision Drilling Financial Statements

Precision Drilling shareholders use historical fundamental indicators, such as Income Before Tax, 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
Income Before Tax154.6 M162.3 M

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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.