Parker Drilling Past Earnings Performance
Past criteria checks 4/6
Parker Drilling has been growing earnings at an average annual rate of 52.2%, while the Energy Services industry saw earnings growing at 52.9% annually. Revenues have been growing at an average rate of 0.9% per year. Parker Drilling's return on equity is 32.3%, and it has net margins of 20.2%.
Key information
52.2%
Earnings growth rate
43.9%
EPS growth rate
| Energy Services Industry Growth | 23.7% |
| Revenue growth rate | 0.9% |
| Return on equity | 32.3% |
| Net Margin | 20.2% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Parker Drilling makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 612 | 124 | 19 | 0 |
| 30 Jun 24 | 614 | 125 | 19 | 0 |
| 31 Mar 24 | 601 | 121 | 19 | 0 |
| 31 Dec 23 | 587 | 116 | 20 | 0 |
| 31 Dec 22 | 461 | 31 | 20 | 0 |
| 31 Dec 21 | 315 | -63 | 16 | 0 |
| 31 Dec 19 | 630 | -84 | 26 | 0 |
| 30 Sep 19 | 603 | -125 | 15 | 0 |
| 30 Jun 19 | 566 | -201 | 24 | 0 |
| 31 Mar 19 | 529 | -229 | 26 | 0 |
| 31 Dec 18 | 481 | -168 | 25 | 0 |
| 30 Sep 18 | 468 | -155 | 34 | 0 |
| 30 Jun 18 | 463 | -104 | 27 | 0 |
| 31 Mar 18 | 454 | -112 | 25 | 0 |
| 31 Dec 17 | 443 | -122 | 26 | 0 |
| 30 Sep 17 | 420 | -141 | 29 | 0 |
| 30 Jun 17 | 399 | -166 | 29 | 0 |
| 31 Mar 17 | 395 | -175 | 31 | 0 |
| 31 Dec 16 | 427 | -231 | 34 | 0 |
| 30 Sep 16 | 482 | -218 | 32 | 0 |
| 30 Jun 16 | 558 | -220 | 34 | 0 |
| 31 Mar 16 | 639 | -194 | 35 | 0 |
| 31 Dec 15 | 712 | -95 | 36 | 0 |
| 30 Sep 15 | 807 | -52 | 36 | 0 |
| 30 Jun 15 | 875 | 10 | 39 | 0 |
| 31 Mar 15 | 944 | 39 | 37 | 0 |
| 31 Dec 14 | 969 | 23 | 35 | 0 |
| 30 Sep 14 | 969 | 26 | 44 | 0 |
| 30 Jun 14 | 965 | 21 | 41 | 0 |
| 31 Mar 14 | 936 | 14 | 45 | 0 |
| 31 Dec 13 | 874 | 27 | 46 | 0 |
Quality Earnings: PKDC has a high level of non-cash earnings.
Growing Profit Margin: PKDC's current net profit margins (20.2%) are higher than last year (17.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PKDC has become profitable over the past 5 years, growing earnings by 52.2% per year.
Accelerating Growth: PKDC's earnings growth over the past year (30.5%) is below its 5-year average (52.2% per year).
Earnings vs Industry: PKDC earnings growth over the past year (30.5%) exceeded the Energy Services industry 17%.
Return on Equity
High ROE: PKDC's Return on Equity (32.3%) is considered high.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:57 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Parker Drilling Company is covered by 15 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James West | Barclays |
| Jeffrey Spittel | Clarksons Platou Securities |
| Sonny Randhawa | D.A. Davidson & Co. |