Oil Income Before Tax from 2010 to 2024

OIS Stock  USD 5.51  0.21  3.67%   
Oil States Income Before Tax yearly trend continues to be comparatively stable with very little volatility. Income Before Tax will likely drop to about 15 M in 2024. From the period from 2010 to 2024, Oil States Income Before Tax quarterly data regression had mean square error of 58213.5 T and mean deviation of  200,822,469. View All Fundamentals
 
Income Before Tax  
First Reported
2000-03-31
Previous Quarter
636 K
Current Value
-12.1 M
Quarterly Volatility
74.1 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Oil States financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Oil States' main balance sheet or income statement drivers, such as Interest Expense of 17.6 M, Total Revenue of 1.5 B or Gross Profit of 230.3 M, as well as many indicators such as Price To Sales Ratio of 0.78, Dividend Yield of 0.0039 or PTB Ratio of 0.57. Oil financial statements analysis is a perfect complement when working with Oil States Valuation or Volatility modules.
  
Check out the analysis of Oil States Correlation against competitors.

Latest Oil States' Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Oil States International over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Oil States income statement and is an important metric when analyzing Oil States International 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 Oil States' Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Oil States' overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Oil Income Before Tax Regression Statistics

Arithmetic Mean52,120,120
Coefficient Of Variation550.40
Mean Deviation200,822,469
Median10,647,000
Standard Deviation286,870,007
Sample Variance82294.4T
Range1.2B
R-Value(0.59)
Mean Square Error58213.5T
R-Squared0.34
Significance0.02
Slope(37,575,930)
Total Sum of Squares1152121.6T

Oil Income Before Tax History

202415 M
202315.8 M
2022-4.1 M
2021-73.3 M
2020-534.3 M
2019-240.7 M
2018-21.7 M

About Oil States Financial Statements

Oil States shareholders use historical fundamental indicators, such as Income Before Tax, to determine how well the company is positioned to perform in the future. Although Oil States investors may analyze each financial statement separately, they are all interrelated. The changes in Oil States' assets and liabilities, for example, are also reflected in the revenues and expenses on on Oil States' 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 Tax15.8 M15 M

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Additional Tools for Oil Stock Analysis

When running Oil States' price analysis, check to measure Oil States' 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 Oil States is operating at the current time. Most of Oil States' value examination focuses on studying past and present price action to predict the probability of Oil States' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Oil States' price. Additionally, you may evaluate how the addition of Oil States to your portfolios can decrease your overall portfolio volatility.