← ProPetro Holding Corp.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $436.9m | $981.9m | $1.7b | $2.1b | $789.2m | $874.5m | $1.3b | $1.6b | $1.4b | $1.3b | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $1.7b | — | — | — | — | — | — | — | |
| REVENUE - Service revenue | $436.9m | $981.9m | $1.7b | $2.1b | $789.2m | $874.5m | $1.3b | $1.6b | $1.4b | $1.3b | |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization | $404.1m | $813.8m | $1.3b | $1.5b | $584.3m | $662.3m | $882.8m | $1.1b | $1.1b | $968.2m | |
| Operating expenses: | |||||||||||
| Operating Income (Loss) | ($67.4m) | $24.1m | $232.7m | $221.4m | ($131.2m) | ($68.7m) | ($2.6m) | $130.3m | ($167.0m) | $6.3m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $300k | $300k | $300k | $0 | — | — | $1.0m | $5.7m | $7.9m | $9.4m | |
| Goodwill, Impairment Loss | $1.2m | $0 | $0 | $0 | — | — | $0 | $0 | $23.6m | $0 | |
| Operating Lease, Lease Income | — | — | — | — | — | $3.0m | — | — | — | — | |
| Other Income | — | — | — | — | — | — | — | — | — | $1.0m | |
| Depreciation and amortization | $43.5m | $55.6m | $88.1m | $145.3m | $153.3m | $133.4m | $128.1m | $180.9m | $211.7m | $174.9m | |
| Loss (gain) on disposal of assets and businesses, net | $22.5m | $39.1m | $59.2m | $106.8m | $58.1m | $64.6m | $102.2m | $73.0m | $7.5m | $12.2m | |
| INCOME (LOSS) BEFORE INCOME TAXES | ($81.1m) | $15.7m | $225.1m | $213.5m | ($134.5m) | ($68.4m) | $7.4m | $115.5m | ($169.2m) | $7.8m | |
| Basic (in shares) | $44.8m | $76.4m | $83.5m | $100.5m | $100.8m | $102.7m | $105.9m | $113.0m | $105.5m | $103.8m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($81.1m) | $15.7m | $225.1m | $213.5m | ($134.5m) | ($68.4m) | $7.4m | $115.5m | ($169.2m) | $7.8m | |
| Net Income (Loss) Attributable to Parent | ($53.1m) | $12.6m | $173.9m | $163.0m | ($107.0m) | ($54.2m) | $2.0m | $85.6m | ($137.9m) | $824k | |
| Earnings Per Share, Basic | ($1.19) | $0.17 | $2.08 | $1.62 | ($1.06) | ($0.53) | $0.02 | $0.76 | ($1.31) | $0.01 | |
| Earnings Per Share, Diluted | ($1.19) | $0.16 | $2.00 | $1.57 | ($1.06) | ($0.53) | $0.02 | $0.76 | ($1.31) | $0.01 | |
| Weighted Average Number of Shares Outstanding, Basic | 44.8m | 76.4m | 83.5m | 100.5m | 100.8m | 102.7m | 105.9m | 113.0m | 105.5m | 103.8m | |
| Weighted Average Number of Shares Outstanding, Diluted | 44.8m | 79.6m | 87.0m | 103.8m | 100.8m | 102.7m | 106.9m | 113.4m | 105.5m | 105.4m | |
| General and Administrative Expense | $26.6m | $49.2m | $54.0m | $105.1m | $86.8m | $82.9m | $111.8m | $114.4m | $114.3m | $107.6m | |
| Operating Lease, Expense | — | — | — | $400k | $300k | $300k | $700k | — | — | — | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | — | ($9.5m) | $5.5m | $9.7m | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $7.8m | $8.2m | |
| Business Combination, Acquisition Related Costs | — | — | — | — | — | — | — | — | $1.5m | — | |
| Interest Expense | $20.4m | $7.3m | $6.9m | $7.1m | $2.4m | $614k | $1.6m | $5.3m | $7.8m | $8.2m | |
| Other General and Administrative Expense | — | $722k | $205k | $25.2m | $13.0m | — | — | — | $57.3m | $52.1m | |
| Cost of services (exclusive of depreciation and amortization) | $404.1m | $813.8m | $1.3b | $1.5b | $584.3m | $662.3m | $882.8m | $1.1b | $1.1b | $968.2m | |
| General and administrative expenses (inclusive of stock‑based compensation) | $26.6m | $49.2m | $54.0m | $105.1m | $86.8m | $82.9m | $111.8m | $114.4m | $114.3m | $107.6m | |
| Property and equipment impairment expense | $6.3m | $0 | $0 | — | — | — | $57.5m | $0 | $188.6m | $0 | |
| Goodwill impairment expense | $1.2m | $0 | $0 | $0 | — | — | $0 | $0 | $23.6m | $0 | |
| Other income (expense), net | — | — | — | — | — | $873k | $11.6m | ($9.5m) | $5.5m | $9.7m | |
| Income Tax Expense (Benefit) | ($28.0m) | $3.1m | $51.3m | $50.5m | ($27.5m) | ($14.3m) | $5.4m | $29.9m | ($31.4m) | $7.0m | |
| Total costs and expenses | $504.3m | $957.8m | $1.5b | $1.8b | $920.5m | $943.2m | $1.3b | $1.5b | $1.6b | $1.3b | |
| Total other income (expense), net | ($13.7m) | ($8.4m) | ($7.6m) | ($7.9m) | ($3.3m) | $259k | $10.0m | ($14.8m) | ($2.3m) | $1.5m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.