Propetro Holding Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Propetro Holding has an operating margin of -11.6%, meaning the company retains $-12 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from 8.0% the prior year.
Propetro Holding's revenue declined 11.4% year-over-year, from $1.6B to $1.4B. This contraction results in a growth score of 0/100.
Propetro Holding carries a low D/E ratio of 0.06, meaning only $0.06 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Propetro Holding's current ratio of 1.31 indicates adequate short-term liquidity, earning a score of 33/100. The company can meet its near-term obligations, though with limited headroom.
Propetro Holding has a free cash flow margin of 7.8%, earning a moderate score of 39/100. The company generates positive cash flow after capital investments, but with room for improvement.
Propetro Holding passes 5 of 9 financial strength tests. 2 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
For every $1 of reported earnings, Propetro Holding generates $-1.83 in operating cash flow ($252.3M OCF vs -$137.9M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Propetro Holding earns $-21.4 in operating income for every $1 of interest expense (-$167.0M vs $7.8M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
This page shows Propetro Holding (PUMP) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Propetro Holding generated $1.4B in revenue in fiscal year 2024. This represents a decrease of 11.4% from the prior year.
Propetro Holding's EBITDA was $44.8M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 85.6% from the prior year.
Propetro Holding generated $112.0M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 2791.8% from the prior year.
Propetro Holding reported -$137.9M in net income in fiscal year 2024. This represents a decrease of 261.0% from the prior year.
Propetro Holding earned $-1.31 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 272.4% from the prior year.
Propetro Holding held $50.4M in cash against $45.0M in long-term debt as of fiscal year 2024.
Propetro Holding had 103M shares outstanding in fiscal year 2024. This represents a decrease of 5.8% from the prior year.
Propetro Holding's gross margin was 26.2% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 4.4 percentage points from the prior year.
Propetro Holding's operating margin was -11.6% in fiscal year 2024, reflecting core business profitability. This is down 19.6 percentage points from the prior year.
Propetro Holding's net profit margin was -9.6% in fiscal year 2024, showing the share of revenue converted to profit. This is down 14.8 percentage points from the prior year.
Propetro Holding spent $59.1M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents an increase of 14.2% from the prior year.
Propetro Holding invested $140.3M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 62.2% from the prior year.
PUMP Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $293.9M-9.9% | $326.2M-9.3% | $359.4M+12.1% | $320.6M-10.2% | $357.0M-12.0% | $405.8M+16.7% | $347.8M-17.9% | $423.8M |
| Cost of Revenue | $236.5M-6.6% | $253.2M-4.0% | $263.9M+8.4% | $243.5M-8.4% | $265.8M-7.9% | $288.6M+10.6% | $261.0M-10.8% | $292.5M |
| Gross Profit | $57.4M-21.3% | $73.0M-23.6% | $95.6M+24.0% | $77.1M-15.5% | $91.2M-22.2% | $117.2M+35.1% | $86.7M-33.9% | $131.3M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $22.5M-21.0% | $28.5M+3.1% | $27.6M-3.5% | $28.6M-7.4% | $30.9M+9.5% | $28.2M+0.8% | $28.0M-2.1% | $28.6M |
| Operating Income | -$6.1M-91.5% | -$3.2M-133.3% | $9.5M+151.5% | -$18.4M-3361.0% | -$533K-101.8% | $30.3M+466.0% | -$8.3M-118.5% | $44.7M |
| Interest Expense | $2.1M+16.5% | $1.8M+4.7% | $1.7M-8.1% | $1.9M-4.2% | $2.0M-3.2% | $2.0M-11.5% | $2.3M+96.1% | $1.2M |
| Income Tax | -$704K-129.7% | $2.4M+113.3% | $1.1M+133.3% | -$3.3M-193.8% | $3.6M-63.5% | $9.8M+880.6% | -$1.3M-111.7% | $10.6M |
| Net Income | -$2.4M+66.9% | -$7.2M-174.5% | $9.6M+156.3% | -$17.1M-366.2% | -$3.7M-118.4% | $19.9M+216.5% | -$17.1M-149.2% | $34.8M |
| EPS (Diluted) | $-0.02+71.4% | $-0.07-177.8% | $0.09+164.3% | $-0.14-366.7% | $-0.03-116.7% | $0.18+228.6% | $-0.14-145.2% | $0.31 |
PUMP Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.3B+4.1% | $1.2B-1.4% | $1.2B+1.8% | $1.2B-19.1% | $1.5B+23.6% | $1.2B-17.3% | $1.5B0.0% | $1.5B |
| Current Assets | $319.4M-2.5% | $327.5M-5.2% | $345.3M+18.2% | $292.2M-10.7% | $327.1M-9.1% | $360.0M+15.8% | $310.8M-11.2% | $350.0M |
| Cash & Equivalents | $66.5M-11.1% | $74.8M+18.1% | $63.4M+25.7% | $50.4M-24.6% | $66.9M+44.0% | $46.5M+39.3% | $33.4M-38.6% | $54.3M |
| Inventory | $15.9M-2.8% | $16.4M+22.8% | $13.3M-17.5% | $16.2M-13.8% | $18.7M-3.6% | $19.4M+9.8% | $17.7M+11.4% | $15.9M |
| Accounts Receivable | $209.2M-0.7% | $210.7M-12.5% | $240.7M+22.8% | $196.0M-11.2% | $220.7M-19.4% | $273.7M+15.5% | $237.0M-9.1% | $260.8M |
| Goodwill | $920K0.0% | $920K0.0% | $920K0.0% | $920K-96.6% | $26.8M+13.2% | $23.6M0.0% | $23.6M0.0% | $23.6M |
| Total Liabilities | $453.4M+11.9% | $405.2M-3.5% | $419.7M+3.0% | $407.4M-24.1% | $536.5M+137.9% | $225.5M-53.2% | $481.9M+8.3% | $444.9M |
| Current Liabilities | $254.1M+10.0% | $231.1M-3.4% | $239.1M+7.6% | $222.3M-24.8% | $295.5M-2.8% | $304.0M+12.1% | $271.1M-1.0% | $273.8M |
| Long-Term Debt | $86.9M+50.8% | $57.6M+28.0% | $45.0M0.0% | $45.0M0.0% | $45.0M0.0% | $45.0M0.0% | $45.0M0.0% | $45.0M |
| Total Equity | $826.2M+0.3% | $824.0M-0.3% | $826.5M+1.3% | $816.3M-16.4% | $975.8M-2.2% | $998.2M0.0% | $998.4M-2.8% | $1.0B |
| Retained Earnings | -$68.7M-3.6% | -$66.4M-12.1% | -$59.2M+14.0% | -$68.8M-180.7% | $85.3M-4.1% | $89.0M+28.9% | $69.0M-19.9% | $86.1M |
PUMP Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $41.7M-23.2% | $54.2M-0.9% | $54.7M+44.4% | $37.9M-63.9% | $104.9M+40.3% | $74.8M+7.4% | $69.7M-41.0% | $118.1M |
| Capital Expenditures | $44.0M+18.6% | $37.1M-9.2% | $40.9M+46.9% | $27.8M-25.2% | $37.2M+7.6% | $34.6M-31.0% | $50.1M-48.3% | $97.0M |
| Free Cash Flow | -$2.4M-113.9% | $17.1M+24.0% | $13.8M+37.6% | $10.0M-85.2% | $67.7M+68.3% | $40.2M+105.8% | $19.5M-7.3% | $21.1M |
| Investing Cash Flow | -$42.5M-19.1% | -$35.7M-8.7% | -$32.8M-34.0% | -$24.5M+57.1% | -$57.1M-68.6% | -$33.8M+52.6% | -$71.4M+21.6% | -$91.0M |
| Financing Cash Flow | -$7.5M-5.4% | -$7.1M+20.5% | -$8.9M+6.2% | -$9.5M+65.4% | -$27.4M+1.6% | -$27.9M-44.5% | -$19.3M+44.6% | -$34.8M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | $0 | $0 | $0-100.0% | $3.4M-85.3% | $23.0M+2.1% | $22.5M+45.4% | $15.5M-17.6% | $18.8M |
PUMP Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 19.5%-2.8pp | 22.4%-4.2pp | 26.6%+2.5pp | 24.1%-1.5pp | 25.5%-3.3pp | 28.9%+3.9pp | 24.9%-6.0pp | 31.0% |
| Operating Margin | -2.1%-1.1pp | -1.0%-3.6pp | 2.6%+8.4pp | -5.8%-5.6pp | -0.1%-7.6pp | 7.5%+9.8pp | -2.4%-12.9pp | 10.5% |
| Net Margin | -0.8%+1.4pp | -2.2%-4.9pp | 2.7%+8.0pp | -5.3%-4.3pp | -1.0%-5.9pp | 4.9%+9.8pp | -4.9%-13.1pp | 8.2% |
| Return on Equity | N/A | N/A | 1.2% | N/A | N/A | 2.0% | N/A | 3.4% |
| Return on Assets | -0.2%+0.4pp | -0.6%-1.4pp | 0.8%+2.2pp | -1.4%-1.1pp | -0.2%-1.9pp | 1.6%+2.8pp | -1.2%-3.5pp | 2.4% |
| Current Ratio | 1.26-0.2 | 1.42-0.0 | 1.44+0.1 | 1.31+0.2 | 1.11-0.1 | 1.18+0.0 | 1.15-0.1 | 1.28 |
| Debt-to-Equity | 0.11+0.0 | 0.07+0.0 | 0.050.0 | 0.060.0 | 0.050.0 | 0.050.0 | 0.050.0 | 0.04 |
| FCF Margin | -0.8%-6.0pp | 5.2%+1.4pp | 3.8%+0.7pp | 3.1%-15.8pp | 19.0%+9.1pp | 9.9%+4.3pp | 5.6%+0.6pp | 5.0% |
Similar Companies
Frequently Asked Questions
What is Propetro Holding's annual revenue?
Propetro Holding (PUMP) reported $1.4B in total revenue for fiscal year 2024. This represents a -11.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Propetro Holding's revenue growing?
Propetro Holding (PUMP) revenue declined by 11.4% year-over-year, from $1.6B to $1.4B in fiscal year 2024.
Is Propetro Holding profitable?
No, Propetro Holding (PUMP) reported a net income of -$137.9M in fiscal year 2024, with a net profit margin of -9.6%.
What is Propetro Holding's earnings per share (EPS)?
Propetro Holding (PUMP) reported diluted earnings per share of $-1.31 for fiscal year 2024. This represents a -272.4% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Propetro Holding's EBITDA?
Propetro Holding (PUMP) had EBITDA of $44.8M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Propetro Holding have?
As of fiscal year 2024, Propetro Holding (PUMP) had $50.4M in cash and equivalents against $45.0M in long-term debt.
What is Propetro Holding's gross margin?
Propetro Holding (PUMP) had a gross margin of 26.2% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Propetro Holding's operating margin?
Propetro Holding (PUMP) had an operating margin of -11.6% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Propetro Holding's net profit margin?
Propetro Holding (PUMP) had a net profit margin of -9.6% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Propetro Holding's free cash flow?
Propetro Holding (PUMP) generated $112.0M in free cash flow during fiscal year 2024. This represents a 2791.8% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Propetro Holding's operating cash flow?
Propetro Holding (PUMP) generated $252.3M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Propetro Holding's total assets?
Propetro Holding (PUMP) had $1.2B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Propetro Holding's capital expenditures?
Propetro Holding (PUMP) invested $140.3M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does Propetro Holding buy back shares?
Yes, Propetro Holding (PUMP) spent $59.1M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Propetro Holding have outstanding?
Propetro Holding (PUMP) had 103M shares outstanding as of fiscal year 2024.
What is Propetro Holding's current ratio?
Propetro Holding (PUMP) had a current ratio of 1.31 as of fiscal year 2024, which is considered adequate.
What is Propetro Holding's debt-to-equity ratio?
Propetro Holding (PUMP) had a debt-to-equity ratio of 0.06 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Propetro Holding's return on assets (ROA)?
Propetro Holding (PUMP) had a return on assets of -11.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Propetro Holding's Piotroski F-Score?
Propetro Holding (PUMP) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Propetro Holding's earnings high quality?
Propetro Holding (PUMP) has an earnings quality ratio of -1.83x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Propetro Holding cover its interest payments?
Propetro Holding (PUMP) has an interest coverage ratio of -21.4x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Propetro Holding?
Propetro Holding (PUMP) scores 34 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.