ProPetro Fixed Asset Turnover from 2010 to 2024

PUMP Stock  USD 8.50  0.28  3.41%   
ProPetro Holding Fixed Asset Turnover yearly trend continues to be relatively stable with very little volatility. Fixed Asset Turnover is likely to grow to 1.76 this year. During the period from 2010 to 2024, ProPetro Holding Fixed Asset Turnover destribution of quarterly values had range of 1.1894 from its regression line and mean deviation of  0.28. View All Fundamentals
 
Fixed Asset Turnover  
First Reported
2010-12-31
Previous Quarter
1.49147142
Current Value
1.76
Quarterly Volatility
0.35787629
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check ProPetro Holding financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among ProPetro Holding's main balance sheet or income statement drivers, such as Tax Provision of 39.5 M, Interest Income of 10.1 M or Depreciation And Amortization of 119.6 M, as well as many indicators such as Price To Sales Ratio of 0.55, Dividend Yield of 0.0 or PTB Ratio of 0.9. ProPetro financial statements analysis is a perfect complement when working with ProPetro Holding Valuation or Volatility modules.
  
Check out the analysis of ProPetro Holding Correlation against competitors.

Latest ProPetro Holding's Fixed Asset Turnover Growth Pattern

Below is the plot of the Fixed Asset Turnover of ProPetro Holding Corp over the last few years. It is ProPetro Holding's Fixed Asset Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in ProPetro Holding's overall financial position and show how it may be relating to other accounts over time.
Fixed Asset Turnover10 Years Trend
Slightly volatile
   Fixed Asset Turnover   
       Timeline  

ProPetro Fixed Asset Turnover Regression Statistics

Arithmetic Mean1.73
Geometric Mean1.68
Coefficient Of Variation20.74
Mean Deviation0.28
Median1.95
Standard Deviation0.36
Sample Variance0.13
Range1.1894
R-Value(0.60)
Mean Square Error0.09
R-Squared0.36
Significance0.02
Slope(0.05)
Total Sum of Squares1.79

ProPetro Fixed Asset Turnover History

2024 1.76
2023 1.49
2022 1.38
2021 1.08
2020 0.9
2019 1.96
2018 1.87

About ProPetro Holding Financial Statements

ProPetro Holding shareholders use historical fundamental indicators, such as Fixed Asset Turnover, to determine how well the company is positioned to perform in the future. Although ProPetro Holding investors may analyze each financial statement separately, they are all interrelated. The changes in ProPetro Holding's assets and liabilities, for example, are also reflected in the revenues and expenses on on ProPetro Holding'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
Fixed Asset Turnover 1.49  1.76 

Additional Tools for ProPetro Stock Analysis

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