Precision Operating Income from 2010 to 2026

PD Stock  CAD 102.16  3.23  3.26%   
Precision Drilling Operating Income yearly trend continues to be very stable with very little volatility. Operating Income is likely to drop to about 135.3 M. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Precision Drilling generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
1995-06-30
Previous Quarter
33.2 M
Current Value
117.6 M
Quarterly Volatility
74.3 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 Operating Income Growth Pattern

Below is the plot of the Operating Income of Precision Drilling over the last few years. Operating Income is the amount of profit realized from Precision Drilling operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Precision Drilling is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Precision Drilling's Operating 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.
Operating Income10 Years Trend
Very volatile
   Operating Income   
       Timeline  

Precision Operating Income Regression Statistics

Arithmetic Mean68,241,388
Coefficient Of Variation295.87
Mean Deviation156,011,705
Median44,464,000
Standard Deviation201,908,127
Sample Variance40766.9T
Range790M
R-Value0.05
Mean Square Error43373.7T
R-Squared0
Significance0.85
Slope2,020,393
Total Sum of Squares652270.3T

Precision Operating Income History

2026135.3 M
2025190.7 M
2024211.9 M
2023304 M
202232.6 M
2021-89.6 M
2020-34.9 M

About Precision Drilling Financial Statements

Precision Drilling investors utilize fundamental indicators, such as Operating 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
Operating Income190.7 M135.3 M
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 Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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.