ProPetro Holding Corp
ProPetro Holding Corp. operates as an integrated oilfield services company. It offers hydraulic fracturing, wireline, cementing, and other complementary oilfield completion services to oil and gas producers and non-oil and gas applications, such as general industrial projects and data centers located primarily in Texas and New Mexico. ProPetro Holding Corp. was founded in 2007 and is headquartere… Read more
ProPetro Holding Corp (PUMP) - Net Assets
Latest net assets as of September 2025: $826.21 Million USD
Based on the latest financial reports, ProPetro Holding Corp (PUMP) has net assets worth $826.21 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.28 Billion) and total liabilities ($453.40 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $826.21 Million |
| % of Total Assets | 64.57% |
| Annual Growth Rate | 31.46% |
| 5-Year Change | -6.26% |
| 10-Year Change | N/A |
| Growth Volatility | 71.86 |
ProPetro Holding Corp - Net Assets Trend (2015–2024)
This chart illustrates how ProPetro Holding Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ProPetro Holding Corp (2015–2024)
The table below shows the annual net assets of ProPetro Holding Corp from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $816.27 Million | -18.24% |
| 2023-12-31 | $998.39 Million | +4.65% |
| 2022-12-31 | $954.03 Million | +15.46% |
| 2021-12-31 | $826.30 Million | -5.11% |
| 2020-12-31 | $870.77 Million | -10.17% |
| 2019-12-31 | $969.30 Million | +21.57% |
| 2018-12-31 | $797.36 Million | +92.95% |
| 2017-12-31 | $413.25 Million | +86.98% |
| 2016-12-31 | $221.01 Million | +217.67% |
| 2015-12-31 | $69.57 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ProPetro Holding Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 8493711300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $103.00K | 0.01% |
| Other Components | $885.00 Million | 108.42% |
| Total Equity | $816.27 Million | 100.00% |
ProPetro Holding Corp Competitors by Market Cap
The table below lists competitors of ProPetro Holding Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mega Union Technology Inc.
TW:6944
|
$1.21 Billion |
|
NGEx Minerals Ltd
OTCQX:NGXXF
|
$1.21 Billion |
|
BCO LATINOAMER.D.COM.EX.E
F:D8Q
|
$1.21 Billion |
|
People.Cn Co Ltd
SHG:603000
|
$1.21 Billion |
|
Prosegur Cash S.A
PINK:PGUCY
|
$1.20 Billion |
|
Jones Tech PLC Class A
SHE:300684
|
$1.20 Billion |
|
Gamma Communications plc
PINK:GAMCF
|
$1.20 Billion |
|
1st Source Corporation
NASDAQ:SRCE
|
$1.20 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ProPetro Holding Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 998,392,000 to 816,273,000, a change of -182,119,000 (-18.2%).
- Net loss of 137,859,000 reduced equity.
- Share repurchases of 59,108,000 reduced equity.
- Other factors increased equity by 14,848,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-137.86 Million | -16.89% |
| Share Repurchases | $59.11 Million | -7.24% |
| Other Changes | $14.85 Million | +1.82% |
| Total Change | $- | -18.24% |
Book Value vs Market Value Analysis
This analysis compares ProPetro Holding Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.89x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 17.49x to 1.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.84 | $14.65 | x |
| 2016-12-31 | $2.75 | $14.65 | x |
| 2017-12-31 | $5.19 | $14.65 | x |
| 2018-12-31 | $9.16 | $14.65 | x |
| 2019-12-31 | $9.34 | $14.65 | x |
| 2020-12-31 | $8.64 | $14.65 | x |
| 2021-12-31 | $8.05 | $14.65 | x |
| 2022-12-31 | $8.92 | $14.65 | x |
| 2023-12-31 | $8.80 | $14.65 | x |
| 2024-12-31 | $7.74 | $14.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ProPetro Holding Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -16.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.55%
- • Asset Turnover: 1.18x
- • Equity Multiplier: 1.50x
- Recent ROE (-16.89%) is below the historical average (-7.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -65.91% | -8.05% | 1.28x | 6.42x | $-52.81 Million |
| 2016 | -24.05% | -12.16% | 0.81x | 2.45x | $-75.25 Million |
| 2017 | 3.05% | 1.28% | 1.37x | 1.74x | $-28.71 Million |
| 2018 | 21.80% | 10.20% | 1.34x | 1.60x | $94.13 Million |
| 2019 | 16.82% | 7.94% | 1.43x | 1.48x | $66.08 Million |
| 2020 | -12.29% | -13.56% | 0.75x | 1.21x | $-194.10 Million |
| 2021 | -6.56% | -6.20% | 0.82x | 1.28x | $-136.82 Million |
| 2022 | 0.21% | 0.16% | 0.96x | 1.40x | $-93.37 Million |
| 2023 | 8.58% | 5.25% | 1.10x | 1.48x | $-14.21 Million |
| 2024 | -16.89% | -9.55% | 1.18x | 1.50x | $-219.49 Million |
Industry Comparison
This section compares ProPetro Holding Corp's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $5,464,315,253
- Average return on equity (ROE) among peers: -34.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ProPetro Holding Corp (PUMP) | $826.21 Million | -65.91% | 0.55x | $1.20 Billion |
| ProFrac Holding Corp. (ACDC) | $1.33 Billion | -7.35% | 1.31x | $222.04 Million |
| Atlas Energy Solutions Inc. (AESI) | $867.82 Million | 18.44% | 0.45x | $1.34 Billion |
| Akastor ASA (AKKVF) | $13.55 Billion | 9.27% | 2.55x | $54.21 Million |
| Andatee China Marine Fuel Services (AMCF) | $18.84 Million | 34.05% | 1.21x | $0.98 |
| Archrock Inc (AROC) | $2.23 Billion | -42.52% | 1.73x | $6.15 Billion |
| Anton Oilfield Services Group (ATONY) | $2.15 Billion | -9.22% | 2.02x | $381.63 Million |
| Auri Inc (AURI) | $-2.74 Million | 0.00% | 0.00x | $1.91 |
| Baker Hughes Co (BKR) | $34.50 Billion | 0.37% | 0.55x | $56.21 Billion |
| Kbridge Energy Corp (BMMCF) | $-341.75K | 0.00% | 0.00x | $880.54 |
| Bri-Chem Corp (BRYFF) | $131.44K | -348.83% | 2.61x | $4.32 Million |