Precision Net Income from 2010 to 2024

PDS Stock  USD 62.44  0.84  1.36%   
Precision Drilling Net Income yearly trend continues to be comparatively stable with very little volatility. Net Income is likely to outpace its year average in 2024. From the period from 2010 to 2024, Precision Drilling Net Income quarterly data regression had mean square error of 42822.9 T and mean deviation of  158,471,666. View All Fundamentals
 
Net Income  
First Reported
1995-06-30
Previous Quarter
20.7 M
Current Value
39.2 M
Quarterly Volatility
141.5 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 233.5 M, Interest Expense of 118 M or Total Revenue of 1.5 B, as well as many indicators such as Price To Sales Ratio of 0.49, Dividend Yield of 0.0612 or PTB Ratio of 0.6. 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 Net Income Growth Pattern

Below is the plot of the Net Income of Precision Drilling over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Precision Drilling financial statement analysis. It represents the amount of money remaining after all of Precision Drilling operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Precision Drilling's Net Income 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 289.24 M10 Years Trend
Very volatile
   Net Income   
       Timeline  

Precision Net Income Regression Statistics

Arithmetic Mean(12,653,787)
Coefficient Of Variation(1,579)
Mean Deviation158,471,666
Median6,618,000
Standard Deviation199,830,284
Sample Variance39932.1T
Range667.1M
R-Value0.06
Mean Square Error42822.9T
R-Squared0
Significance0.82
Slope2,898,069
Total Sum of Squares559050T

Precision Net Income History

2024303.7 M
2023289.2 M
2022-34.3 M
2021-177.4 M
2020-120.1 M
20196.6 M
2018-294.3 M

Other Fundumenentals of Precision Drilling

Precision Drilling Net Income component correlations

About Precision Drilling Financial Statements

Precision Drilling shareholders use historical fundamental indicators, such as Net Income, 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
Net Income289.2 M303.7 M
Net Income From Continuing Ops146 M153.3 M
Net Loss-30.9 M-29.3 M
Net Income Per Share 21.03  19.99 
Net Income Per E B T 1.09  0.80 

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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.