Drilling Net Income From Continuing Ops from 2010 to 2026

DTI Stock   3.80  0.05  1.33%   
Drilling Tools' Net Income From Continuing Ops is increasing with slightly volatile movements from year to year. Net Income From Continuing Ops is predicted to flatten to about 2.6 M. For the period between 2010 and 2026, Drilling Tools, Net Income From Continuing Ops quarterly trend regression had mean deviation of  3,255,286 and range of 19 M. View All Fundamentals
 
Net Income From Continuing Ops  
First Reported
2010-12-31
Previous Quarter
2.7 M
Current Value
2.6 M
Quarterly Volatility
5.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Drilling Tools financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Drilling Tools' main balance sheet or income statement drivers, such as Depreciation And Amortization of 23.5 M, Interest Expense of 4.1 M or Selling General Administrative of 65.8 M, as well as many indicators such as Price To Sales Ratio of 0.74, Dividend Yield of 0.0 or PTB Ratio of 0.95. Drilling financial statements analysis is a perfect complement when working with Drilling Tools Valuation or Volatility modules.
  
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Check out the analysis of Drilling Tools Correlation against competitors.
The Net Income From Continuing Ops trend for Drilling Tools International offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether Drilling Tools is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest Drilling Tools' Net Income From Continuing Ops Growth Pattern

Below is the plot of the Net Income From Continuing Ops of Drilling Tools International over the last few years. It is Drilling Tools' Net Income From Continuing Ops historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Drilling Tools' overall financial position and show how it may be relating to other accounts over time.
Net Income From Continuing Ops10 Years Trend
Slightly volatile
   Net Income From Continuing Ops   
       Timeline  

Drilling Net Income From Continuing Ops Regression Statistics

Arithmetic Mean4,079,034
Geometric Mean2,831,912
Coefficient Of Variation130.74
Mean Deviation3,255,286
Median2,101,000
Standard Deviation5,333,085
Sample Variance28.4T
Range19M
R-Value0.35
Mean Square Error26.5T
R-Squared0.13
Significance0.16
Slope374,309
Total Sum of Squares455.1T

Drilling Net Income From Continuing Ops History

20262.6 M
20252.7 M
2024M
202314.7 M
202221.1 M

About Drilling Tools Financial Statements

Investors use fundamental indicators, such as Drilling Tools' Net Income From Continuing Ops, to determine how well the company is positioned to perform in the future. Although Drilling Tools' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Net Income From Continuing Ops2.7 M2.6 M

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When determining whether Drilling Tools Inter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Drilling Tools' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Drilling Tools International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Drilling Tools International Stock:
Check out the analysis of Drilling Tools Correlation against competitors.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is there potential for Oil & Gas Equipment & Services market expansion? Will Drilling introduce new products? Factors like these will boost the valuation of Drilling Tools. Projected growth potential of Drilling fundamentally drives upward valuation adjustments. Understanding fair value requires weighing current performance against future potential. All the valuation information about Drilling Tools listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.81)
Earnings Share
(0.19)
Revenue Per Share
4.546
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0274
The market value of Drilling Tools Inter is measured differently than its book value, which is the value of Drilling that is recorded on the company's balance sheet. Investors also form their own opinion of Drilling Tools' value that differs from its market value or its book value, called intrinsic value, which is Drilling Tools' true underlying value. Analysts utilize numerous techniques to assess fundamental value, seeking to purchase shares when trading prices fall beneath estimated intrinsic worth. Because Drilling Tools' market value can be influenced by many factors that don't directly affect Drilling Tools' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
It's important to distinguish between Drilling Tools' intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Drilling Tools should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Meanwhile, Drilling Tools' quoted price indicates the marketplace figure where supply meets demand through bilateral consent.