← ProPetro Holding Corp.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | ($53.1m) |
$12.6m
+123.73%
|
$173.9m
+1278.43%
|
$163.0m
-6.24%
|
($107.0m)
-165.65%
|
($54.2m)
+49.37%
|
$2.0m
+103.75%
|
$85.6m
+4118.42%
|
($137.9m)
-260.99%
|
$824k
+100.60%
|
— | |
| Depreciation, Depletion and Amortization | $43.5m | $55.6m | $88.1m | $145.3m | $153.3m | $133.4m | $128.1m | $180.9m | $211.7m | $174.9m | $167.0m | |
| Amortization of Debt Issuance Costs | $2.1m | $3.4m | $403k | $542k | $543k | $542k | $785k | $359k | $438k | $504k | — | |
| Amortization of Intangible Assets | $300k | $300k | $300k | $0 | — | — | $1.0m | $5.7m | $7.9m | $9.4m | — | |
| Depreciation | $43.5m | $55.6m | $88.1m | $145.3m | $153.3m | $133.4m | $127.2m | $170.0m | $184.9m | $146.9m | $167.0m | |
| Amortization of deferred financing origination and debt issuance costs | $2.1m | $3.4m | $403k | $542k | $543k | $542k | $785k | $359k | $438k | $504k | — | |
| Deferred Income Tax Expense (Benefit) | ($28.0m) | $3.4m | $49.7m | $48.8m | ($27.7m) | ($14.3m) | $4.2m | $27.8m | ($33.3m) | $3.7m | $390k | |
| Share-based Payment Arrangement, Noncash Expense | $1.6m | $9.5m | $5.5m | $7.8m | $9.1m | $11.5m | $21.9m | $14.4m | $17.3m | $16.9m | $19.5m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | $614k | $5.8m | $3.9m | $3.5m | $1.9m | $4.2m | — | |
| Share-based Payment Arrangement, Expense | — | — | — | — | — | — | — | $14.4m | $17.3m | $16.9m | $19.5m | |
| Goodwill, Impairment Loss | $1.2m | $0 | $0 | $0 | — | — | $0 | $0 | $23.6m | $0 | $0 | |
| Goodwill impairment expense | $1.2m | $0 | $0 | — | — | — | $0 | $0 | $23.6m | $0 | — | |
| Nonoperating Income (Expense) | ($13.7m) | ($8.4m) | ($7.6m) | ($7.9m) | ($3.3m) | $259k | $10.0m | ($14.8m) | ($2.3m) | $1.5m | — | |
| Other Nonoperating Income (Expense) | — | — | — | — | — | — | — | ($9.5m) | $5.5m | $9.7m | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | $24.9m | $84.5m | $3.3m | $10.2m | ($127.5m) | $43.7m | $66.9m | $12.4m | ($51.5m) | $4.8m | ($22.0m) | |
| Accounts receivable | ($24.9m) | ($84.5m) | ($3.3m) | ($10.2m) | $127.5m | ($43.7m) | ($66.9m) | ($12.4m) | $51.5m | ($4.8m) | ($22.0m) | |
| Increase (Decrease) in Inventories | ($3.9m) | $1.5m | $168k | ($3.9m) | $293k | $1.2m | ($124k) | $6.0m | ($1.5m) | ($2.8m) | ($6.6m) | |
| Inventories | $3.9m | ($1.5m) | ($168k) | $3.9m | ($293k) | ($1.2m) | $124k | ($6.0m) | $1.5m | $2.8m | ($6.6m) | |
| Increase (Decrease) in Accounts Payable | $37.0m | $64.2m | $9.7m | ($25.2m) | ($95.7m) | $51.8m | $27.4m | ($11.4m) | ($64.5m) | $9.6m | $24.0m | |
| Accrued and other current liabilities | $4.4m | $2.9m | $9.9m | $13.1m | ($18.5m) | $1.2m | $22.6m | $26.4m | ($10.5m) | $23.5m | — | |
| Gain (Loss) on Disposition of Other Assets | — | — | — | — | — | — | $102.2m | $73.0m | $7.5m | ($12.2m) | — | |
| Other current assets | ($563k) | $3.3m | $207k | $1.4m | $2.0m | $310k | $354k | ($831k) | ($2.3m) | $913k | $1.4m | |
| Net Cash Provided by (Used in) Operating Activities | $10.7m |
$109.3m
+925.02%
|
$393.1m
+259.77%
|
$455.3m
+15.83%
|
$139.1m
-69.44%
|
$154.7m
+11.21%
|
$300.4m
+94.18%
|
$374.7m
+24.74%
|
$252.3m
-32.68%
|
$231.6m
-8.20%
|
$191.5m
-17.32%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $42.8m | $285.9m | $284.2m | $502.9m | $100.6m | $143.5m | $319.7m | $370.9m | $140.3m | $186.3m | ($213.0m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | $6.3m | $0 | $0 | — | — | — | $57.5m | $0 | ($7.5m) | $0 | ($4.2m) | |
| Repayments of equipment financing term loans | ($41.3m) | ($166.5m) | ($80.9m) | ($50.0m) | ($130.0m) | $0 | $0 | $0 | $0 | ($3.6m) | — | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | $0 | $0 | ($1.6m) | ($2.5m) | $105k | $2.4m | ($2.0m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | — | — | — | — | — | $38.6m | $22.2m | $21.0m | $0 | $0 | |
| Business acquisitions, net of cash acquired | — | — | — | — | $0 | $0 | ($38.6m) | ($22.2m) | ($21.0m) | $0 | — | |
| Net Cash Provided by (Used in) Investing Activities | ($41.7m) | ($281.5m) | ($280.6m) | ($495.3m) | ($94.2m) | ($104.3m) | ($349.7m) | ($384.1m) | ($155.1m) | ($149.8m) | ($180.5m) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | $7.0m | $0 | $0 | — | — | — | — | — | — | — | — | |
| Repayments of Long-term Debt | $41.3m | $166.5m | $80.9m | $50.0m | $130.0m | $0 | $0 | — | — | $3.6m | ($112.7m) | |
| Proceeds from Issuance of Long-term Debt | $0 | $60.0m | $77.4m | $110.0m | $0 | $0 | $30.0m | — | — | — | $690.0m | |
| Proceeds from borrowings | $0 | $60.0m | $77.4m | $110.0m | $0 | $0 | $30.0m | $30.0m | $0 | $0 | — | |
| Repayments of borrowings | — | — | — | — | — | $0 | $0 | ($15.0m) | $0 | $0 | — | |
| Payment of financing origination and debt issuance costs | ($140k) | ($1.7m) | ($1.7m) | $0 | $0 | $0 | ($824k) | ($1.2m) | $0 | ($2.8m) | — | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | — | $51.7m | $59.1m | $0 | — | |
| Net Cash Provided by (Used in) Financing Activities | $130.3m |
$62.6m
-51.99%
|
($3.7m)
-105.95%
|
$56.3m
+1613.02%
|
($125.2m)
-322.15%
|
($7.3m)
+94.19%
|
$26.3m
+460.91%
|
($46.1m)
-275.64%
|
($80.1m)
-73.68%
|
($40.9m)
+48.94%
|
$698.1m
+1806.72%
|
|
| NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | ($109.6m) | $108.8m | $16.3m | ($80.3m) | $43.1m | ($23.1m) | ($55.5m) | $17.1m | $40.9m | |||
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | ($109.6m) | $108.8m | $16.3m | ($80.3m) | $43.1m | ($23.1m) | ($55.5m) | $17.1m | $40.9m | $784.0m | |
| CASH, CASH EQUIVALENTS AND RESTRICTED CASH — Beginning of year | — | $23.9m | $132.7m | $149.0m | $68.8m | $111.9m | $88.9m | $33.4m | $50.4m | $91.3m | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | ($109.6m) | $108.8m | $149.0m | $68.8m | $111.9m | $88.9m | $33.4m | $50.4m | $91.3m | $784.0m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Gain (Loss) on Disposition of Assets | ($22.5m) | ($39.1m) | ($59.2m) | ($106.8m) | ($58.1m) | ($64.6m) | ($102.2m) | ($73.0m) | ($7.5m) | ($12.2m) | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | $6.4m | $2.2m | $72k | $467k | $4.6m | $7.3m | $8.0m | — | |
| Income Taxes Paid, Net | — | — | $0 | $0 | ($614k) | ($5.8m) | ($10.7m) | ($3.5m) | ($5.0m) | $3.5m | — | |
| Additional Financial Items | ||||||||||||
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | — | $0 | $0 | ($1.6m) | ($2.5m) | $100k | ($2.4m) | — | |
| Foreign Currency Transaction Gain (Loss), Unrealized | — | — | — | — | $0 | $0 | $1.6m | $100k | ($700k) | $200k | — | |
| General and Administrative Expense | $26.6m | $49.2m | $54.0m | $105.1m | $86.8m | $82.9m | $111.8m | $114.4m | $114.3m | $107.6m | — | |
| Goodwill | $9.4m | $9.4m | $9.4m | $9.4m | $0 | — | $23.6m | $23.6m | $920k | $920k | $0 | |
| Income Tax Expense (Benefit) | ($28.0m) | $3.1m | $51.3m | $50.5m | ($27.5m) | ($14.3m) | $5.4m | $29.9m | ($31.4m) | $7.0m | — | |
| Insured Event, Gain (Loss) | — | — | — | — | — | — | — | — | ($2.0m) | — | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $7.8m | $8.2m | — | |
| Operating Lease, Expense | — | — | — | $400k | $300k | $300k | $700k | — | — | — | — | |
| Operating Lease, Lease Income | — | — | — | — | — | $3.0m | — | — | — | — | — | |
| Proceeds from Contributed Capital | $40.4m | $0 | $0 | — | — | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | — | — | $247k | $1.2m | $0 | $4.0m | $963k | $0 | $0 | — | — | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $1.7b | — | — | — | — | — | — | — | — | |
| Stock‑based compensation | $1.6m | $9.5m | $5.5m | $7.8m | $9.1m | $11.5m | $21.9m | $14.4m | $17.3m | $16.9m | $19.5m | |
| Provision for credit losses | — | — | $0 | $949k | $448k | $282k | $202k | $34k | $0 | $0 | — | |
| Loss (gain) on disposal of assets and businesses, net | — | — | — | — | — | — | $102.2m | $73.0m | $7.5m | $12.2m | — | |
| Unrealized (gain) loss on short-term investment | — | — | — | — | $0 | $0 | $1.6m | $2.5m | ($105k) | ($2.4m) | — | |
| Business acquisition contingent consideration adjustments | — | — | — | — | — | — | $0 | $0 | ($2.6m) | ($4.9m) | — | |
| Prepaid expenses | ($62k) | ($468k) | ($1.4m) | ($4.4m) | ($232k) | $4.5m | $743k | ($6.1m) | $1.3m | ($2.2m) | — | |
| Proceeds from sale of assets | $1.1m | $4.4m | $3.6m | $7.6m | $6.4m | $39.2m | $8.6m | $9.0m | $6.2m | $23.5m | — | |
| Proceeds from note receivable from sale of business | — | — | — | — | — | — | — | $0 | $0 | $13.0m | — | |
| Payments of finance lease obligations | — | — | $0 | ($272k) | ($30k) | $0 | $0 | ($4.7m) | ($17.7m) | ($18.5m) | — | |
| Repayments of insurance financing | ($4.5m) | ($3.8m) | ($4.5m) | ($4.5m) | ($1.3m) | ($5.5m) | $0 | $0 | ($970k) | ($4.5m) | — | |
| Payment of business acquisition deferred cash consideration | — | — | — | — | — | — | — | $0 | $0 | ($6.8m) | — | |
| Share repurchases | — | — | — | — | — | $0 | $0 | ($51.7m) | ($59.1m) | $0 | — | |
| Payment of excise taxes on share repurchases | — | — | — | — | — | — | $0 | $0 | ($444k) | ($531k) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.