Precision Historical Income Statement

PDS Stock

USD 66.38 0.25 0.38%

Historical analysis of Precision Drilling income statement accounts such as Other Operating Expenses of 1.3 B, Operating Income of 641.7 M, EBIT of 329.2 M or Ebitda of 446.3 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.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

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.

Net Income Gross Profit

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. Operating Income is likely to gain to about 641.7 M in 2024, whereas Total Revenue is likely to drop slightly above 1.5 B in 2024.

Total Revenue Ebitda Cost Of Revenue Income Before Tax

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.

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.

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Precision Drilling income statement and is an important metric when analyzing Precision Drilling profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.

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. Operating Income is likely to gain to about 641.7 M in 2024, whereas Total Revenue is likely to drop slightly above 1.5 B in 2024.

	2021	2022	2023	2024 (projected)
Interest Expense	91.4M	87.8M	84.8M	118.0M
Depreciation And Amortization	282.3M	279.0M	285.8M	233.5M

Interest Expense Depreciation And Amortization

Precision Drilling income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Net Income From Continuing Ops	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.8	0.53	-0.01	0.75	-0.36	-0.26	0.35	0.75	0.36	-0.52	-0.17	-0.44	-0.58	0.43	-0.27	-0.11	0.32	-0.19	0.24
Interest Expense	0.8		0.37	-0.04	0.55	-0.16	-0.15	0.3	0.53	0.23	-0.35	-0.2	-0.27	-0.47	0.24	-0.32	0.14	0.32	-0.04	0.06
Total Revenue	0.53	0.37		0.77	0.92	0.44	0.6	0.91	0.92	0.7	0.34	-0.18	0.37	0.13	0.75	0.41	-0.12	-0.3	-0.07	0.07
Gross Profit	-0.01	-0.04	0.77		0.53	0.63	0.89	0.88	0.45	0.76	0.67	-0.03	0.67	0.46	0.49	0.6	-0.31	-0.44	-0.19	0.14
Other Operating Expenses	0.75	0.55	0.92	0.53		0.11	0.28	0.73	0.96	0.69	0.01	-0.12	0.04	-0.1	0.77	0.15	-0.17	-0.04	-0.15	0.15
Operating Income	-0.36	-0.16	0.44	0.63	0.11		0.9	0.62	0.19	0.08	0.92	-0.24	0.93	0.59	0.17	0.75	0.29	-0.74	0.33	-0.39
Ebit	-0.26	-0.15	0.6	0.89	0.28	0.9		0.8	0.27	0.41	0.9	-0.11	0.89	0.63	0.3	0.76	-0.04	-0.63	0.04	-0.11
Ebitda	0.35	0.3	0.91	0.88	0.73	0.62	0.8		0.73	0.63	0.55	-0.14	0.58	0.29	0.55	0.54	-0.16	-0.36	-0.13	0.11
Cost Of Revenue	0.75	0.53	0.92	0.45	0.96	0.19	0.27	0.73		0.51	0.04	-0.2	0.08	-0.09	0.73	0.18	-0.01	-0.11	-0.01	0.06
Total Operating Expenses	0.36	0.23	0.7	0.76	0.69	0.08	0.41	0.63	0.51		0.1	-0.05	0.14	-0.05	0.6	0.2	-0.47	-0.15	-0.35	0.28
Income Before Tax	-0.52	-0.35	0.34	0.67	0.01	0.92	0.9	0.55	0.04	0.1		0.07	0.97	0.75	0.13	0.82	0.15	-0.66	0.25	-0.32
Total Other Income Expense Net	-0.17	-0.2	-0.18	-0.03	-0.12	-0.24	-0.11	-0.14	-0.2	-0.05	0.07		0.02	0.2	-0.08	0.05	-0.5	0.53	-0.47	0.45
Net Income	-0.44	-0.27	0.37	0.67	0.04	0.93	0.89	0.58	0.08	0.14	0.97	0.02		0.58	0.16	0.89	0.12	-0.71	0.21	-0.3
Income Tax Expense	-0.58	-0.47	0.13	0.46	-0.1	0.59	0.63	0.29	-0.09	-0.05	0.75	0.2	0.58		0.01	0.37	0.19	-0.28	0.29	-0.29
Selling General Administrative	0.43	0.24	0.75	0.49	0.77	0.17	0.3	0.55	0.73	0.6	0.13	-0.08	0.16	0.01		0.29	-0.07	-0.25	0.07	-0.09
Net Income From Continuing Ops	-0.27	-0.32	0.41	0.6	0.15	0.75	0.76	0.54	0.18	0.2	0.82	0.05	0.89	0.37	0.29		-0.03	-0.74	0.1	-0.21
Tax Provision	-0.11	0.14	-0.12	-0.31	-0.17	0.29	-0.04	-0.16	-0.01	-0.47	0.15	-0.5	0.12	0.19	-0.07	-0.03		-0.38	0.94	-0.88
Interest Income	0.32	0.32	-0.3	-0.44	-0.04	-0.74	-0.63	-0.36	-0.11	-0.15	-0.66	0.53	-0.71	-0.28	-0.25	-0.74	-0.38		-0.54	0.62
Net Interest Income	-0.19	-0.04	-0.07	-0.19	-0.15	0.33	0.04	-0.13	-0.01	-0.35	0.25	-0.47	0.21	0.29	0.07	0.1	0.94	-0.54		-0.97
Reconciled Depreciation	0.24	0.06	0.07	0.14	0.15	-0.39	-0.11	0.11	0.06	0.28	-0.32	0.45	-0.3	-0.29	-0.09	-0.21	-0.88	0.62	-0.97

Click cells to compare fundamentals

Precision Drilling Account Relationship Matchups

Precision Drilling income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	333.6M	316.3M	282.3M	279.0M	285.8M	233.5M
Interest Expense	118.5M	107.5M	91.4M	87.8M	84.8M	118.0M
Total Revenue	1.5B	935.8M	986.8M	1.6B	1.9B	1.5B
Gross Profit	168.7M	36.0M	6.4M	213.6M	426.2M	301.9M
Other Operating Expenses	1.5B	970.6M	1.1B	1.6B	1.3B	1.3B
Operating Income	44.5M	(34.9M)	(89.6M)	32.6M	611.1M	641.7M
Ebit	44.5M	(7.2M)	(101.0M)	32.6M	313.6M	329.2M
Ebitda	378.1M	309.1M	181.3M	311.6M	599.4M	446.3M
Cost Of Revenue	1.4B	899.7M	980.5M	1.4B	1.5B	1.1B
Total Operating Expenses	124.3M	70.9M	95.9M	181.0M	122.2M	151.8M
Income Before Tax	(8.3M)	(109.2M)	(182.8M)	(14.1M)	265.8M	279.1M
Total Other Income Expense Net	(52.8M)	(109.2M)	(182.8M)	(46.7M)	(345.3M)	(328.1M)
Net Income	6.6M	(120.1M)	(177.4M)	(34.3M)	289.2M	303.7M
Income Tax Expense	(15.0M)	11.0M	(5.4M)	20.2M	(23.5M)	(22.3M)
Selling General Administrative	104.0M	70.9M	95.9M	181.0M	122.2M	116.5M
Net Income From Continuing Ops	6.6M	(120.1M)	(177.4M)	(34.3M)	146.0M	153.3M
Net Income Applicable To Common Shares	6.6M	(120.1M)	(177.4M)	(34.3M)	(30.9M)	(29.3M)
Tax Provision	(15.0M)	11.0M	(5.4M)	20.2M	54.4M	57.1M
Interest Income	109.7M	112.0M	92.2M	76.6M	1.4M	1.3M
Net Interest Income	(118.5M)	(107.5M)	(91.4M)	(87.8M)	(87.5M)	(91.8M)
Reconciled Depreciation	333.6M	316.3M	282.3M	279.0M	290.2M	256.6M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Precision Historical Income Statement

About Precision Income Statement Analysis

Precision Drilling Income Statement Chart

Total Revenue

Cost Of Revenue

Income Before Tax

Precision Drilling income statement Correlations

Precision Drilling Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Precision Drilling income statement Accounts

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Precision Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Income	+ 0.97	Income Before Tax
Cost Of Revenue	+ 0.96	Other Operating Expenses
Net Interest Income	+ 0.94	Tax Provision
Net Income	+ 0.93	Operating Income
Other Operating Expenses	+ 0.92	Total Revenue
Cost Of Revenue	+ 0.92	Total Revenue

Reconciled Depreciation	- 0.97	Net Interest Income
Reconciled Depreciation	- 0.88	Tax Provision
Interest Income	- 0.74	Net Income From Continuing Ops
Interest Income	- 0.74	Operating Income
Interest Income	- 0.71	Net Income
Interest Income	- 0.66	Income Before Tax