Precision Cost Of Revenue from 2010 to 2024

PDS Stock  USD 66.38  0.25  0.38%   
Precision Drilling Cost Of Revenue yearly trend continues to be comparatively stable with very little volatility. Cost Of Revenue will likely drop to about 1.1 B in 2024. From the period from 2010 to 2024, Precision Drilling Cost Of Revenue quarterly data regression had r-value of  0.14 and coefficient of variation of  32.74. View All Fundamentals
 
Cost Of Revenue  
First Reported
1995-06-30
Previous Quarter
359.2 M
Current Value
75.1 M
Quarterly Volatility
115.2 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 233.5 M, Interest Expense of 118 M or Total Revenue of 1.5 B, as well as many indicators such as Price To Sales Ratio of 0.49, Dividend Yield of 0.0612 or PTB Ratio of 0.6. Precision financial statements analysis is a perfect complement when working with Precision Drilling Valuation or Volatility modules.
  
Check out the analysis of Precision Drilling Correlation against competitors.
For more information on how to buy Precision Stock please use our How to Invest in Precision Drilling guide.

Latest Precision Drilling's Cost Of Revenue Growth Pattern

Below is the plot of the Cost Of Revenue of Precision Drilling over the last few years. Cost of Revenue is found on Precision Drilling income statement and represents the costs associated with goods and services Precision Drilling provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities. It is Precision Drilling's Cost Of Revenue 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.
Cost Of Revenue10 Years Trend
Pretty Stable
   Cost Of Revenue   
       Timeline  

Precision Cost Of Revenue Regression Statistics

Arithmetic Mean1,243,892,800
Geometric Mean1,102,699,413
Coefficient Of Variation32.74
Mean Deviation297,125,574
Median1,372,583,000
Standard Deviation407,243,522
Sample Variance165847.3T
Range1.7B
R-Value0.14
Mean Square Error174956.4T
R-Squared0.02
Significance0.61
Slope13,014,914
Total Sum of Squares2321862T

Precision Cost Of Revenue History

20241.1 B
20231.5 B
20221.4 B
2021980.5 M
2020899.7 M
20191.4 B
20181.4 B

About Precision Drilling Financial Statements

Precision Drilling shareholders use historical fundamental indicators, such as Cost Of Revenue, to determine how well the company is positioned to perform in the future. Although Precision Drilling investors may analyze each financial statement separately, they are all interrelated. The changes in Precision Drilling's assets and liabilities, for example, are also reflected in the revenues and expenses on on Precision Drilling's 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
Cost Of Revenue1.5 B1.1 B

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Additional Tools for Precision Stock Analysis

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