Precision Net Income from 2010 to 2026

PD Stock  CAD 103.36  0.59  0.57%   
Precision Drilling Net Income yearly trend continues to be very stable with very little volatility. Net Income is likely to grow to about 100.8 M this year. During the period from 2010 to 2026, Precision Drilling Net Income quarterly data regression pattern had range of 652.7 M and standard deviation of  176,745,522. View All Fundamentals
 
Net Income  
First Reported
1995-06-30
Previous Quarter
16.3 M
Current Value
-6.8 M
Quarterly Volatility
139.6 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 237.8 M, Interest Expense of 117.8 M or Selling General Administrative of 113.7 M, as well as many indicators such as Price To Sales Ratio of 0.72, Dividend Yield of 0.032 or PTB Ratio of 0.81. Precision financial statements analysis is a perfect complement when working with Precision Drilling Valuation or Volatility modules.
  
This module can also supplement various Precision Drilling Technical models . Check out the analysis of Precision Drilling Correlation against competitors.
To learn how to invest in 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 111.19 M10 Years Trend
Very volatile
   Net Income   
       Timeline  

Precision Net Income Regression Statistics

Arithmetic Mean(10,671,548)
Coefficient Of Variation(1,656)
Mean Deviation141,460,372
Median17,600,000
Standard Deviation176,745,522
Sample Variance31239T
Range652.7M
R-Value0.09
Mean Square Error33022.3T
R-Squared0.01
Significance0.72
Slope3,317,002
Total Sum of Squares499823.7T

Precision Net Income History

2026100.8 M
2025100.1 M
2024111.2 M
2023289.2 M
2022-34.3 M
2021-177.4 M
2020-120.1 M

About Precision Drilling Financial Statements

Precision Drilling investors utilize fundamental indicators, such as Net Income, to predict how Precision Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Net Income100.1 M63.1 M
Net Income From Continuing Ops128 M134.4 M
Net Income Applicable To Common Shares127.9 M134.3 M
Net Income Per Share 8.99  12.31 
Net Income Per E B T 0.65  0.79 
When determining whether Precision Drilling is a strong investment it is important to analyze Precision Drilling's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Precision Drilling's future performance. For an informed investment choice regarding Precision Stock, refer to the following important reports:
Check out the analysis of Precision Drilling Correlation against competitors.
To learn how to invest in Precision Stock, please use our How to Invest in Precision Drilling guide.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Please note, there is a significant difference between Precision Drilling's value and its price as these two are different measures arrived at by different means. Investors typically determine if Precision Drilling is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Precision Drilling's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.