ProPetro Income Tax Expense from 2010 to 2024

PUMP Stock  USD 8.45  0.05  0.59%   
ProPetro Holding Income Tax Expense yearly trend continues to be relatively stable with very little volatility. Income Tax Expense is likely to grow to about 31.4 M this year. During the period from 2010 to 2024, ProPetro Holding Income Tax Expense destribution of quarterly values had r-value of  0.61 from its regression line and median of (25,387,570). View All Fundamentals
 
Income Tax Expense  
First Reported
2015-12-31
Previous Quarter
3.6 M
Current Value
-41.4 M
Quarterly Volatility
11 M
 
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 Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of ProPetro Holding Corp over the last few years. It is ProPetro Holding's Income Tax Expense 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.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

ProPetro Income Tax Expense Regression Statistics

Arithmetic Mean(3,371,107)
Coefficient Of Variation(887.38)
Mean Deviation25,558,539
Median(25,387,570)
Standard Deviation29,914,415
Sample Variance894.9T
Range79.2M
R-Value0.61
Mean Square Error599.3T
R-Squared0.38
Significance0.01
Slope4,113,388
Total Sum of Squares12528.2T

ProPetro Income Tax Expense History

202431.4 M
202329.9 M
20225.4 M
2021-14.3 M
2020-27.5 M
201950.5 M
201851.3 M

About ProPetro Holding Financial Statements

ProPetro Holding shareholders use historical fundamental indicators, such as Income Tax Expense, 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
Income Tax Expense29.9 M31.4 M

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.