ProPetro Holding (PUMP) Operating Margin (2016 - 2026)
ProPetro Holding (PUMP) posted quarterly Operating Margin of 1.04% for Q2 2026, down 7.0% year-over-year from 1.12% in Q2 2025, and up 64.93% quarter-over-quarter from 2.97% in Q1 2026.
ProPetro Holding (PUMP) Operating Margin (2016 - 2026) Analysis & Trends
ProPetro Holding (PUMP) has reported Operating Margin for 11 consecutive years, with 1.04% the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Margin fell 7.0% year-over-year to 1.04%; the TTM figure through Jun 2026 stood at 0.97% (up 1296.0% YoY), while the FY2025 annual figure was 0.5%, up 1206.0% from the prior year.
- Operating Margin rose to 1.04% in Q2 2026 per PUMP's latest filing, from 2.97% in the prior quarter.
- Across five years, Operating Margin topped out at 12.06% in Q2 2023 and bottomed at 49.41% in Q3 2024.
- Historically, Operating Margin has averaged 1.2% across 5 years, with a median of 0.94% in 2024.
- Annual changes were most pronounced in 2024 — Operating Margin plunged 5995 bps — and 2025, when it surged 4734 bps.
- ProPetro Holding's Operating Margin stood at 5.24% in 2022, then tumbled by 145 bps to 2.38% in 2023, then sank by 142 bps to 5.75% in 2024, then surged by 136 bps to 2.1% in 2025, then sank by 150 bps to 1.04% in 2026.
- Business Quant data shows PUMP's Operating Margin at 1.04% in Q2 2026, 2.97% in Q1 2026, and 2.1% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 48.02% |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 12.74% |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | 16.32% |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | -31.83% |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 13.62% |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 12.28% |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 9.68% |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 31.76% |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 55.10% |
| 10 | ProPetro Holding | 1.39 Bn | 607.62 Mn | 71.82 Mn | -1.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -1.04% |
| Mar 31, 2026 | -2.97% |
| Dec 31, 2025 | 2.10% |
| Sep 30, 2025 | -2.06% |
| Jun 30, 2025 | -0.97% |
| Mar 31, 2025 | 2.64% |
| Dec 31, 2024 | -5.75% |
| Sep 30, 2024 | -49.41% |
| Jun 30, 2024 | -0.15% |
| Mar 31, 2024 | 7.47% |
| Dec 31, 2023 | -2.38% |
| Sep 30, 2023 | 10.54% |
| Jun 30, 2023 | 12.06% |
| Mar 31, 2023 | 9.79% |
| Dec 31, 2022 | 5.24% |
| Sep 30, 2022 | 4.10% |
| Jun 30, 2022 | -12.78% |
| Mar 31, 2022 | 2.03% |
| Dec 31, 2021 | -9.10% |
| Sep 30, 2021 | -2.36% |