Parker Drilling Past Earnings Performance
Past criteria checks 5/6
Parker Drilling has been growing earnings at an average annual rate of 53%, while the Energy Services industry saw earnings growing at 52.9% annually. Revenues have been declining at an average rate of 0.3% per year. Parker Drilling's return on equity is 32.8%, and it has net margins of 20.4%.
Key information
53.0%
Earnings growth rate
43.7%
EPS growth rate
| Energy Services Industry Growth | 23.7% |
| Revenue growth rate | -0.3% |
| Return on equity | 32.8% |
| Net Margin | 20.4% |
| Last Earnings Update | 30 Jun 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 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 (20.4%) are higher than last year (14%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PKDC has become profitable over the past 5 years, growing earnings by 53% per year.
Accelerating Growth: PKDC's earnings growth over the past year (70.3%) exceeds its 5-year average (53% per year).
Earnings vs Industry: PKDC earnings growth over the past year (70.3%) exceeded the Energy Services industry 17%.
Return on Equity
High ROE: PKDC's Return on Equity (32.8%) is considered high.