Precision Historical Income Statement

PDS Stock  USD 43.28  0.09  0.21%   
Historical analysis of Precision Drilling income statement accounts such as Other Operating Expenses of 1.3 B, Operating Income of 547.3 M, EBIT of 137.4 M or Ebitda of 425.9 M can show how well Precision Drilling performed in making a profits. Evaluating Precision Drilling income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Precision Drilling's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Precision Drilling latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Precision Drilling is a good buy for the upcoming year.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Precision Drilling. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Precision Stock please use our How to Invest in Precision Drilling guide.

About Precision Income Statement Analysis

Precision Drilling Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Precision Drilling shareholders. The income statement also shows Precision investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Precision Drilling Income Statement Chart

At this time, Precision Drilling's Interest Expense is comparatively stable compared to the past year. Gross Profit is likely to gain to about 686.3 M in 2025, whereas Total Revenue is likely to drop slightly above 1.5 B in 2025.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts Precision Drilling generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Precision Drilling. It is also known as Precision Drilling overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

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.
Most accounts from Precision Drilling's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Precision Drilling current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Precision Drilling. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For more information on how to buy Precision Stock please use our How to Invest in Precision Drilling guide.At this time, Precision Drilling's Interest Expense is comparatively stable compared to the past year. Gross Profit is likely to gain to about 686.3 M in 2025, whereas Total Revenue is likely to drop slightly above 1.5 B in 2025.
 2022 2023 2024 2025 (projected)
Interest Expense87.8M84.8M68.3M116.6M
Depreciation And Amortization279.0M285.8M309.3M237.0M

Precision Drilling income statement Correlations

0.780.52-0.090.75-0.33-0.40.120.780.36-0.5-0.19-0.41-0.590.43-0.25-0.10.28-0.190.23
0.780.31-0.110.53-0.26-0.360.060.550.24-0.42-0.17-0.36-0.460.2-0.390.040.4-0.130.11
0.520.310.720.910.490.480.810.880.670.38-0.360.430.170.750.45-0.05-0.350.030.03
-0.09-0.110.720.40.850.760.790.310.530.77-0.450.790.510.450.750.06-0.750.26-0.2
0.750.530.910.40.110.130.560.980.690.01-0.190.06-0.10.760.15-0.16-0.04-0.130.15
-0.33-0.260.490.850.110.890.80.10.050.9-0.560.880.720.210.760.34-0.770.48-0.4
-0.4-0.360.480.760.130.890.860.110.140.94-0.230.910.80.180.680.05-0.490.15-0.11
0.120.060.810.790.560.80.860.550.350.75-0.380.760.550.440.610.02-0.40.08-0.02
0.780.550.880.310.980.10.110.550.54-0.01-0.230.03-0.110.730.12-0.070.0-0.090.12
0.360.240.670.530.690.050.140.350.540.090.10.14-0.080.580.18-0.48-0.09-0.330.29
-0.5-0.420.380.770.010.90.940.75-0.010.09-0.160.970.820.160.820.16-0.630.31-0.3
-0.19-0.17-0.36-0.45-0.19-0.56-0.23-0.38-0.230.1-0.16-0.15-0.13-0.12-0.13-0.540.57-0.570.42
-0.41-0.360.430.790.060.880.910.760.030.140.97-0.150.660.20.870.07-0.620.22-0.2
-0.59-0.460.170.51-0.10.720.80.55-0.11-0.080.82-0.130.660.040.480.33-0.470.44-0.43
0.430.20.750.450.760.210.180.440.730.580.16-0.120.20.040.33-0.02-0.290.13-0.12
-0.25-0.390.450.750.150.760.680.610.120.180.82-0.130.870.480.330.02-0.740.24-0.22
-0.10.04-0.050.06-0.160.340.050.02-0.07-0.480.16-0.540.070.33-0.020.02-0.460.93-0.88
0.280.4-0.35-0.75-0.04-0.77-0.49-0.40.0-0.09-0.630.57-0.62-0.47-0.29-0.74-0.46-0.690.63
-0.19-0.130.030.26-0.130.480.150.08-0.09-0.330.31-0.570.220.440.130.240.93-0.69-0.95
0.230.110.03-0.20.15-0.4-0.11-0.020.120.29-0.30.42-0.2-0.43-0.12-0.22-0.880.63-0.95
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Precision Drilling Account Relationship Matchups

Precision Drilling income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization316.3M282.3M279.0M285.8M309.3M237.0M
Interest Expense107.5M91.4M87.8M84.8M68.3M116.6M
Total Revenue935.8M986.8M1.6B1.9B1.9B1.5B
Gross Profit36.0M6.4M213.6M733.3M653.6M686.3M
Other Operating Expenses970.6M1.1B1.6B1.3B1.4B1.3B
Operating Income(34.9M)(89.6M)32.6M611.1M521.2M547.3M
Ebit(7.2M)(101.0M)32.6M313.6M211.9M137.4M
Ebitda309.1M181.3M311.6M599.4M521.2M425.9M
Cost Of Revenue899.7M980.5M1.4B1.2B1.2B1.1B
Total Operating Expenses70.9M95.9M181.0M122.2M132.4M150.3M
Income Before Tax(109.2M)(182.8M)(14.1M)265.8M154.6M162.3M
Total Other Income Expense Net(109.2M)(182.8M)(46.7M)(345.3M)(366.7M)(348.3M)
Net Income(120.1M)(177.4M)(34.3M)289.2M111.2M100.8M
Income Tax Expense11.0M(5.4M)20.2M(23.5M)43.2M45.4M
Selling General Administrative70.9M95.9M181.0M122.2M132.4M117.5M
Net Income From Continuing Ops(120.1M)(177.4M)(34.3M)146.0M111.3M116.9M
Net Income Applicable To Common Shares6.6M(120.1M)(177.4M)(34.3M)(30.9M)(29.3M)
Tax Provision11.0M(5.4M)20.2M54.4M43.2M45.4M
Interest Income112.0M92.2M76.6M1.4M2.2M2.1M
Net Interest Income(107.5M)(91.4M)(87.8M)(87.5M)(69.8M)(73.2M)
Reconciled Depreciation316.3M282.3M279.0M290.2M309.3M255.4M

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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.