ProPetro Holding (PUMP) Gross Margin (2016 - 2026)
ProPetro Holding's Gross Margin came in at 23.48% for Q2 2026, up 1.11 percentage points from 22.38% a year earlier and up 1.69 percentage points from the prior quarter.
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Analysis
ProPetro Holding (PUMP) Gross Margin (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, ProPetro Holding reported Gross Margin of 22.69%, down 2.10 percentage points year-over-year; for FY2025, it was 23.72%, down 2.51 percentage points from FY2024.
- Gross Margin has declined in each of the last three years, with a five-year change of -2.25 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 26.23% in FY2024 (-4.36 pp), 30.58% in FY2023 (-0.43 pp), 31.01% in FY2022 (+6.74 pp) and 24.27% in FY2021 (-1.70 pp).
- The five-year range for quarterly Gross Margin is 19.53% (Q3 2025) to 33.78% (Q1 2023).
- Year-over-year, Gross Margin increased in two of the last eight quarters, with an average year-over-year change of -2.45 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q3 2022 (a gain of 8.15 percentage points), and the weakest in Q3 2025 (a drop of 6.32 percentage points).
- Business Quant data shows PUMP's Gross Margin at 21.79% (Q1 2026), 25.90% (Q4 2025) and 19.53% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.39 Bn | 73.50 Bn | 1.40 Bn | 15.55% |
| 2 | Baker Hughes | 56.70 Bn | 19.98 Bn | 1.58 Bn | 23.46% |
| 3 | TechnipFMC | 27.74 Bn | 23.88 Bn | 684.70 Mn | 24.78% |
| 4 | Halliburton | 27.03 Bn | 18.79 Bn | 804.00 Mn | 14.07% |
| 5 | Nov | 6.97 Bn | 1.76 Bn | 521.00 Mn | 24.41% |
| 6 | Noble | 6.81 Bn | 4.74 Bn | 239.27 Mn | 33.25% |
| 7 | Weatherford International | 5.95 Bn | 1.88 Bn | 333.00 Mn | 30.14% |
| 8 | Transocean | 5.90 Bn | 3.61 Bn | 358.00 Mn | 37.06% |
| 9 | Valaris | 5.52 Bn | 3.13 Bn | 123.70 Mn | 22.94% |
| 10 | ProPetro Holding | 1.14 Bn | 34.89 Mn | 71.82 Mn | 23.48% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.48% |
| Mar 31, 2026 | 21.79% |
| Dec 31, 2025 | 25.90% |
| Sep 30, 2025 | 19.53% |
| Jun 30, 2025 | 22.38% |
| Mar 31, 2025 | 26.59% |
| Dec 31, 2024 | 24.05% |
| Sep 30, 2024 | 25.86% |
| Jun 30, 2024 | 25.54% |
| Mar 31, 2024 | 28.88% |
| Dec 31, 2023 | 24.94% |
| Sep 30, 2023 | 30.98% |
| Jun 30, 2023 | 31.58% |
| Mar 31, 2023 | 33.78% |
| Dec 31, 2022 | 30.47% |
| Sep 30, 2022 | 32.70% |
| Jun 30, 2022 | 30.55% |
| Mar 31, 2022 | 30.21% |
| Dec 31, 2021 | 23.86% |
| Sep 30, 2021 | 24.55% |
API Access
ProPetro Holding Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=PUMP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "PUMP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=PUMP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();