ProPetro Holding (PUMP) Asset Writedowns and Impairment (2019 - 2023)
ProPetro Holding (PUMP) posted quarterly Asset Writedowns and Impairment of $34000.0 for Q4 2023, down 26.09% year-over-year from $46000.0 in Q4 2022, and down 26.09% quarter-over-quarter from $46000.0 in Q4 2022.
ProPetro Holding (PUMP) Asset Writedowns and Impairment (2019 - 2023) Analysis & Trends
ProPetro Holding (PUMP) has reported Asset Writedowns and Impairment for 5 consecutive years, with $34000.0 the latest figure, recorded in Q4 2023.
- In Q4 2023, Asset Writedowns and Impairment fell 26.09% year-over-year to $34000.0; the TTM figure through Dec 2025 stood at $34000.0 (changed 0.0% YoY), while the FY2024 annual figure was $188.6 million, up 554608.82% from the prior year.
- Asset Writedowns and Impairment fell to $34000.0 in Q4 2023 per PUMP's latest filing, from $46000.0 in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $57.5 million in Q2 2022 and bottomed at $34000.0 in Q4 2023.
- Historically, Asset Writedowns and Impairment has averaged $14.2 million across 5 years, with a median of $3.4 million in 2019.
- Annual changes were most pronounced in 2020 — Asset Writedowns and Impairment surged 526.96% — and 2021, when it plunged 98.68%.
- ProPetro Holding's Asset Writedowns and Impairment stood at $3.4 million in 2019, then soared by 526.96% to $21.3 million in 2020, then slumped by 98.68% to $282000.0 in 2021, then sank by 83.69% to $46000.0 in 2022, then dropped by 26.09% to $34000.0 in 2023.
- Business Quant data shows PUMP's Asset Writedowns and Impairment at $34000.0 in Q4 2023, $46000.0 in Q4 2022, and $57.5 million in Q2 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn |
| 10 | ProPetro Holding | 1.39 Bn | 610.69 Mn | 71.82 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 34,000.00 |
| Dec 31, 2023 | 34,000.00 |
| Dec 31, 2022 | 46,000.00 |
| Dec 31, 2022 | 46,000.00 |
| Jun 30, 2022 | 57.45 Mn |
| Jun 30, 2022 | 57.45 Mn |
| Dec 31, 2020 | 21.35 Mn |
| Dec 31, 2020 | 21.35 Mn |
| Mar 31, 2020 | 16.65 Mn |
| Mar 31, 2020 | 16.65 Mn |
| Dec 31, 2019 | 3.41 Mn |
| Dec 31, 2019 | 3.41 Mn |