Precision Drilling Stock

Precision Drilling Net Income 2024

Precision Drilling Net Income

134.46 M CAD

Ticker

PD.TO

ISIN

CA74022D4075

WKN

A2QH9T

In 2024, Precision Drilling's profit amounted to 134.46 M CAD, a -53.51% increase from the 289.24 M CAD profit recorded in the previous year.

The Precision Drilling Net Income history

YEARNET INCOME (undefined CAD)
2028e0.3
2027e0.23
2026e0.17
2025e0.15
2024e0.13
20230.29
2022-0.03
2021-0.18
2020-0.12
20190.01
2018-0.29
2017-0.13
2016-0.16
2015-0.36
20140.03
20130.19
20120.05
20110.19
20100.04
20090.16
20080.3
20070.35
20060.58
20051.63
20040.25

Precision Drilling Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details

Revenue, EBIT and Profit

Understanding Revenue, EBIT, and Income

Gain insights into Precision Drilling, a comprehensive overview of its financial performance can be obtained by analyzing the Revenue, EBIT, and Income chart. Revenue represents the total income generated by Precision Drilling from its primary operations, showcasing the company’s ability to attract and retain clients. EBIT, or Earnings Before Interest and Taxes, indicates the company’s operational profitability, free from the influence of tax and interest expenses. The Income section reflects Precision Drilling’s net earnings, an ultimate measure of its financial health and profitability.

Yearly Analysis and Comparisons

Observe the yearly bars to understand the annual performance and growth of Precision Drilling. Compare the Revenue, EBIT, and Income to evaluate the company’s efficiency and profitability. A higher EBIT compared to the previous year suggests an improvement in operational efficiency. Likewise, an increase in Income indicates enhanced overall profitability. Analyzing the year-to-year comparison assists investors in understanding the company’s growth trajectory and operational efficiency.

Utilizing Expectations for Investment

The expected values for the forthcoming years offer investors a glimpse into Precision Drilling’s anticipated financial performance. Analyzing these projections alongside historical data aids in making informed investment decisions. Investors can gauge the potential risks and returns, aligning their investment strategies accordingly to optimize profitability and mitigate risks.

Investment Insights

Leveraging the comparison between Revenue and EBIT helps in assessing Precision Drilling’s operational efficiency, while the Revenue and Income comparison reveals the net profitability after accounting for all expenses. Investors can derive valuable insights by meticulously analyzing these financial parameters, laying the foundation for strategic investment decisions aimed at capitalizing on Precision Drilling’s growth potential.

Precision Drilling Revenue, EBIT and net profit per share

DatePrecision Drilling RevenuePrecision Drilling EBITPrecision Drilling Net Income
2028e2.07 B undefined283.34 M undefined296.81 M undefined
2027e2.06 B undefined272.99 M undefined232.62 M undefined
2026e2.11 B undefined307.56 M undefined171.1 M undefined
2025e2.09 B undefined301.82 M undefined153.11 M undefined
2024e2.02 B undefined248.31 M undefined134.46 M undefined
20231.94 B undefined313.56 M undefined289.24 M undefined
20221.62 B undefined32.57 M undefined-34.29 M undefined
2021986.85 M undefined-113.55 M undefined-177.39 M undefined
2020935.8 M undefined-60.9 M undefined-120.1 M undefined
20191.54 B undefined64.8 M undefined6.6 M undefined
20181.54 B undefined9.5 M undefined-294.3 M undefined
20171.32 B undefined-72.8 M undefined-132 M undefined
20161 B undefined-157.8 M undefined-155.6 M undefined
20151.56 B undefined7.8 M undefined-363.4 M undefined
20142.35 B undefined351.7 M undefined33.2 M undefined
20132.03 B undefined305.7 M undefined191.2 M undefined
20122.04 B undefined363.3 M undefined52.4 M undefined
20111.95 B undefined443.5 M undefined193.5 M undefined
20101.43 B undefined224.8 M undefined43.5 M undefined
20091.2 B undefined269.1 M undefined161.7 M undefined
20081.1 B undefined352.7 M undefined302.7 M undefined
20071.01 B undefined365.5 M undefined345.8 M undefined
20061.44 B undefined594.9 M undefined579.6 M undefined
20051.27 B undefined479.4 M undefined1.63 B undefined
20041.03 B undefined323.2 M undefined247.4 M undefined

Precision Drilling stock margins

The Precision Drilling margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Precision Drilling. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Precision Drilling.
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Gross margin
EBIT margin
Profit margin
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Margin

Understanding Gross Margin

The gross margin, expressed as a percentage, delineates the gross profit made from the Precision Drilling's sales revenue. A higher gross margin percentage indicates that the Precision Drilling retains more revenue after accounting for the costs of goods sold. Investors use this metric to gauge financial health and operational efficiency, as well as to compare it with competitors and industry averages.

EBIT Margin Analysis

EBIT margin represents the Precision Drilling's earnings before interest and taxes. Analyzing the EBIT margin over different years provides insights into the operational profitability and efficiency, excluding the effects of financial leverage and tax structure. A growing EBIT margin over the years signifies improving operational performance.

Revenue Margin Insights

The revenue margin demonstrates the Precision Drilling's total revenue generated. When comparing the revenue margin year over year, investors can gauge the Precision Drilling's growth and market expansion. It is essential to compare the revenue margin with the gross and EBIT margins to understand the cost and profit structures better.

Interpreting Expectations

The expected values for gross, EBIT, and revenue margins provide future financial outlook of the Precision Drilling. Investors should compare these expectations with historical data to understand potential growth and risk factors. It is crucial to consider the underlying assumptions and methodologies used in projecting these expected values to make informed investment decisions.

Comparative Analysis

Comparing the gross, EBIT, and revenue margins, both yearly and over multiple years, enables investors to perform a comprehensive analysis of the Precision Drilling's financial health and growth prospects. Evaluating the trends and patterns in these margins helps in identifying strengths, weaknesses, and potential investment opportunities.

Precision Drilling Margin History

Precision Drilling Gross marginPrecision Drilling Profit marginPrecision Drilling EBIT marginPrecision Drilling Profit margin
2028e37.84 %13.72 %14.37 %
2027e37.84 %13.26 %11.3 %
2026e37.84 %14.56 %8.1 %
2025e37.84 %14.45 %7.33 %
2024e37.84 %12.28 %6.65 %
202337.84 %16.18 %14.93 %
202230.46 %2.01 %-2.12 %
202127.13 %-11.51 %-17.98 %
202035.4 %-6.51 %-12.83 %
201932.6 %4.2 %0.43 %
201830.71 %0.62 %-19.1 %
201729.9 %-5.51 %-9.99 %
201634.04 %-15.73 %-15.51 %
201540.58 %0.5 %-23.36 %
201440.19 %14.96 %1.41 %
201338.49 %15.06 %9.42 %
201239.07 %17.8 %2.57 %
201142.03 %22.73 %9.92 %
201037.97 %15.72 %3.04 %
200942.19 %22.47 %13.5 %
200845.71 %32.01 %27.47 %
200748.86 %36.22 %34.26 %
200652.13 %41.38 %40.32 %
200549.43 %37.77 %128.47 %
200444.94 %31.42 %24.05 %

Precision Drilling Aktienanalyse

What does Precision Drilling do?

Precision Drilling Corp is a leading company in the oil and gas drilling equipment and services sector, based in Calgary, Canada. The company has a long history dating back to 1951 when founder Hank Swartout established Precision Drilling Co Ltd. Since then, the company has expanded its operations in Canada and the USA and is now a major player in the global market for oil and gas exploration and production. Precision Drilling Corp's business model is based on providing drilling equipment and services to oil and gas exploration and production companies. The company operates a wide range of activities, including drilling oil and gas wells, supplying drilling equipment and services, renting equipment, and conducting maintenance and repair work on drilling equipment. The company has several business segments, including drilling equipment, drilling services, and equipment rental. The drilling equipment segment includes a variety of products such as drilling rigs, drilling machines, drill collars, drilling tools, and other accessories. The drilling services department includes various types of drilling, including conventional land and offshore drilling, horizontal and directional drilling, as well as deep and ultra-deep drilling. Precision Drilling Corp also provides equipment rental services for the oil and gas industry. This allows customers to rent state-of-the-art equipment flexibly without long lead times and high investment costs. The company also maintains a workshop where customer equipment is serviced, repaired, and regularly overhauled. An important aspect of Precision Drilling Corp's business model is its commitment to sustainability and environmental protection. In recent years, the company has made significant investments in the development of technologies aimed at reducing the environmental impact of oil and gas drilling and production. This includes technologies to reduce methane emissions, reuse water, and use renewable energy to power drilling equipment. Precision Drilling Corp is also a pioneer in the use of automation technology for drilling equipment. This allows the company to perform safer, more efficient, and cost-effective drilling operations with less human labor required. Furthermore, automation technology has the potential to increase worker safety as it replaces hazardous manual labor processes. Overall, Precision Drilling Corp is a significant player in the global market for oil and gas exploration and production. The company has earned an excellent reputation through its dedicated commitment to sustainability and environmental protection, pioneering work in the adoption of automation technology, and focus on customer satisfaction. As the demand for oil and gas continues to grow, Precision Drilling Corp will play a crucial role in meeting this demand while ensuring it is done in a sustainable and environmentally friendly manner. Please, provide feedback for the translation. Precision Drilling ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Net Income Details

Understanding Precision Drilling's Profit Margins

The profit margins of Precision Drilling represent the net income earned after deducting all operational expenses, costs, and taxes from the revenue. This figure is a clear indicator of Precision Drilling's financial health, operational efficiency, and profitability. Higher profit margins signify better cost management and income generation capabilities.

Year-to-Year Comparison

Evaluating Precision Drilling's profit on a yearly basis can offer significant insights into its financial growth, stability, and trends. A consistent increase in profit suggests improved operational efficiency, cost management, or increased revenue, while a decrease may indicate rising costs, declining sales, or operational challenges.

Impact on Investments

Precision Drilling's profit figures are critical for investors who are aiming to understand the company's financial standing and future growth prospects. Increased profits often lead to higher stock valuations, boosting investor confidence and attracting more investments.

Interpreting Profit Fluctuations

When Precision Drilling’s profit increases, it often indicates enhanced operational efficiency or increased sales. In contrast, a decline in profit can signal operational inefficiencies, increased costs, or competitive pressures, necessitating strategic interventions to boost profitability.

Frequently Asked Questions about Precision Drilling stock

How much profit has Precision Drilling made this year?

Precision Drilling has made 134.46 M CAD this year.

How has the profit developed compared to last year?

The profit has increased by -53.51% compared to last year fallen

What impact do the earnings have on the shareholders?

An increase in earnings is usually seen as a positive indicator for shareholders as it means that the company is generating profits.

How does Precision Drilling publish its earnings?

Precision Drilling publishes its earnings in the form of quarterly or annual reports.

Which financial indicators are included in the quarterly or annual reports?

The quarterly or annual reports contain information about sales and profit, cash flow, balance sheet, and other fundamentals.

Why is it important for investors to know the earnings of Precision Drilling?

The profits of Precision Drilling are an important indicator of the financial health of the company and can help investors decide whether they want to invest in the company or not.

How can one learn more about the earnings of Precision Drilling?

You can learn more about the earnings of Precision Drilling by reviewing the quarterly or annual reports or following the company presentations.

How much dividend does Precision Drilling pay?

Over the past 12 months, Precision Drilling paid a dividend of 5.6 CAD . This corresponds to a dividend yield of about 6.76 %. For the coming 12 months, Precision Drilling is expected to pay a dividend of 0 CAD.

What is the dividend yield of Precision Drilling?

The current dividend yield of Precision Drilling is 6.76 %.

When does Precision Drilling pay dividends?

Precision Drilling pays a quarterly dividend. This is distributed in the months of March, June, September, December.

How secure is the dividend of Precision Drilling?

Precision Drilling paid dividends every year for the past 5 years.

What is the dividend of Precision Drilling?

For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Precision Drilling located?

Precision Drilling is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Precision Drilling kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Precision Drilling from 11/18/2015 amounting to 0.07 CAD, you needed to have the stock in your portfolio before the ex-date on 11/4/2015.

When did Precision Drilling pay the last dividend?

The last dividend was paid out on 11/18/2015.

What was the dividend of Precision Drilling in the year 2023?

In the year 2023, Precision Drilling distributed 0 CAD as dividends.

In which currency does Precision Drilling pay out the dividend?

The dividends of Precision Drilling are distributed in CAD.

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Andere Kennzahlen von Precision Drilling

Our stock analysis for Precision Drilling Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Precision Drilling Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.