ProPetro Holding (PUMP) annual balance sheet covering fiscal 2020 through 2025, as reported to the SEC.
Total assets have grown 4.2% a year on average since fiscal 2020, from $1.05B to $1.29B.
A balance sheet shows what a company owns and what it owes on a single date. The difference between the two belongs to shareholders.
| Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||||||||||||||
CURRENT ASSETS: | |||||||||||||||||||||
Cash, cash equivalents and restricted cash | |||||||||||||||||||||
- | - | - | 88,862 | 111,918 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash, cash equivalents and restricted cash | - | - | - | 88,862 | 111,918 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Cash and cash equivalents | |||||||||||||||||||||
91,334 | 50,443 | 33,354 | - | - | 68,772 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash and cash equivalents | 91,334 | 50,443 | 33,354 | - | - | 68,772 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accounts receivable - net of allowance for credit losses of $0 and $0, respectively | |||||||||||||||||||||
200,753 | 195,994 | 237,012 | 215,925 | 128,148 | 84,244 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accounts receivable - net of allowance for credit losses of $0 and $0, respectively | 200,753 | 195,994 | 237,012 | 215,925 | 128,148 | 84,244 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Inventories | |||||||||||||||||||||
13,323 | 16,162 | 17,705 | 5,034 | 3,949 | 2,729 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Inventories | 13,323 | 16,162 | 17,705 | 5,034 | 3,949 | 2,729 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Prepaid expenses | |||||||||||||||||||||
19,896 | 17,719 | 14,640 | 8,643 | 6,752 | 11,199 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Prepaid expenses | 19,896 | 17,719 | 14,640 | 8,643 | 6,752 | 11,199 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Short-term investment | |||||||||||||||||||||
- | 7,849 | 7,745 | 10,283 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Short-term investment | - | 7,849 | 7,745 | 10,283 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other current assets | |||||||||||||||||||||
1,398 | 4,054 | 353 | 38 | 297 | 782 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other current assets | 1,398 | 4,054 | 353 | 38 | 297 | 782 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total current assets | |||||||||||||||||||||
326,704 | 292,221 | 310,809 | 328,785 | 251,064 | 167,726 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total current assets | 326,704 | 292,221 | 310,809 | 328,785 | 251,064 | 167,726 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
PROPERTY AND EQUIPMENT - net of accumulated depreciation | |||||||||||||||||||||
793,475 | 688,225 | 967,116 | 922,735 | 808,494 | 880,477 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
PROPERTY AND EQUIPMENT - net of accumulated depreciation | 793,475 | 688,225 | 967,116 | 922,735 | 808,494 | 880,477 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
OPERATING LEASE RIGHT-OF-USE ASSETS | |||||||||||||||||||||
99,787 | 132,294 | 78,583 | 3,147 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
OPERATING LEASE RIGHT-OF-USE ASSETS | 99,787 | 132,294 | 78,583 | 3,147 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
FINANCE LEASE RIGHT-OF-USE ASSETS | |||||||||||||||||||||
10,637 | 30,713 | 47,449 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
FINANCE LEASE RIGHT-OF-USE ASSETS | 10,637 | 30,713 | 47,449 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Operating lease right-of-use asset | |||||||||||||||||||||
- | - | - | - | 409 | 709 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Operating lease right-of-use asset | - | - | - | - | 409 | 709 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
OPERATING LEASE RIGHT-OF-USE ASSETS | |||||||||||||||||||||
99,787 | 132,294 | 78,583 | 3,147 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
OPERATING LEASE RIGHT-OF-USE ASSETS | 99,787 | 132,294 | 78,583 | 3,147 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
OTHER NONCURRENT ASSETS: | |||||||||||||||||||||
Goodwill | |||||||||||||||||||||
- | 920 | 23,624 | 23,624 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Goodwill | - | 920 | 23,624 | 23,624 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Intangible assets - net of amortization | |||||||||||||||||||||
55,476 | 64,905 | 50,615 | 56,345 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Intangible assets - net of amortization | 55,476 | 64,905 | 50,615 | 56,345 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred Revenue Rebate, Noncurrent | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred Revenue Rebate, Noncurrent | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other noncurrent assets | |||||||||||||||||||||
4,811 | 14,367 | 2,116 | 1,150 | 1,269 | 1,827 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other noncurrent assets | 4,811 | 14,367 | 2,116 | 1,150 | 1,269 | 1,827 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total other noncurrent assets | |||||||||||||||||||||
- | - | - | - | 1,269 | 1,827 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total other noncurrent assets | - | - | - | - | 1,269 | 1,827 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total other noncurrent assets | |||||||||||||||||||||
60,287 | 80,192 | 76,355 | 81,119 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total other noncurrent assets | 60,287 | 80,192 | 76,355 | 81,119 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
TOTAL ASSETS | |||||||||||||||||||||
1,290,890 | 1,223,645 | 1,480,312 | 1,335,786 | 1,061,236 | 1,050,739 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
TOTAL ASSETS | 1,290,890 | 1,223,645 | 1,480,312 | 1,335,786 | 1,061,236 | 1,050,739 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
LIABILITIES AND SHAREHOLDERS’ EQUITY | |||||||||||||||||||||
CURRENT LIABILITIES: | |||||||||||||||||||||
Accounts payable | |||||||||||||||||||||
115,009 | 92,963 | 161,441 | 234,299 | 152,649 | 79,153 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accounts payable | 115,009 | 92,963 | 161,441 | 234,299 | 152,649 | 79,153 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accrued and other current liabilities | |||||||||||||||||||||
65,981 | 70,923 | 75,616 | 49,027 | 20,767 | 24,676 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accrued and other current liabilities | 65,981 | 70,923 | 75,616 | 49,027 | 20,767 | 24,676 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Interim debt - net of debt issuance costs | |||||||||||||||||||||
2,113 | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Interim debt - net of debt issuance costs | 2,113 | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Current maturities of long-term debt - net of debt issuance costs | |||||||||||||||||||||
13,844 | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Current maturities of long-term debt - net of debt issuance costs | 13,844 | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Operating lease liabilities | |||||||||||||||||||||
43,572 | 39,063 | 17,029 | 854 | 369 | 334 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Operating lease liabilities | 43,572 | 39,063 | 17,029 | 854 | 369 | 334 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Finance lease liabilities | |||||||||||||||||||||
12,442 | 19,317 | 17,063 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Finance lease liabilities | 12,442 | 19,317 | 17,063 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accrued interest payable | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accrued interest payable | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total current liabilities | |||||||||||||||||||||
252,961 | 222,266 | 271,149 | 284,180 | 173,785 | 104,163 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total current liabilities | 252,961 | 222,266 | 271,149 | 284,180 | 173,785 | 104,163 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
DEFERRED INCOME TAXES | |||||||||||||||||||||
63,433 | 59,770 | 93,105 | 65,265 | 61,052 | 75,340 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
DEFERRED INCOME TAXES | 63,433 | 59,770 | 93,105 | 65,265 | 61,052 | 75,340 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
LONG-TERM DEBT - net of debt issuance costs and current maturities | |||||||||||||||||||||
105,613 | 45,000 | 45,000 | 30,000 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
LONG-TERM DEBT - net of debt issuance costs and current maturities | 105,613 | 45,000 | 45,000 | 30,000 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
NONCURRENT OPERATING LEASE LIABILITIES | |||||||||||||||||||||
35,641 | 58,849 | 38,600 | 2,308 | 97 | 465 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
NONCURRENT OPERATING LEASE LIABILITIES | 35,641 | 58,849 | 38,600 | 2,308 | 97 | 465 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
NONCURRENT FINANCE LEASE LIABILITIES | |||||||||||||||||||||
- | 13,187 | 30,886 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
NONCURRENT FINANCE LEASE LIABILITIES | - | 13,187 | 30,886 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
OTHER LONG-TERM LIABILITIES | |||||||||||||||||||||
3,400 | 8,300 | 3,180 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
OTHER LONG-TERM LIABILITIES | 3,400 | 8,300 | 3,180 | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total liabilities | |||||||||||||||||||||
461,048 | 407,372 | 481,920 | 381,753 | 234,934 | 179,968 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total liabilities | 461,048 | 407,372 | 481,920 | 381,753 | 234,934 | 179,968 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
COMMITMENTS AND CONTINGENCIES (Note 13) | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
COMMITMENTS AND CONTINGENCIES (Note 13) | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
SHAREHOLDERS’ EQUITY: | |||||||||||||||||||||
Preferred stock, $0.001 par value, 30,000,000 shares authorized, none issued, respectively | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Preferred stock, $0.001 par value, 30,000,000 shares authorized, none issued, respectively | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Preferred stock, additional paid-in capital | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Preferred stock, additional paid-in capital | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Common stock, $0.001 par value, 200,000,000 shares authorized, 122,823,917 and 104,310,266 shares issued, respectively | |||||||||||||||||||||
104 | 103 | 109 | 114 | 103 | 101 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Common stock, $0.001 par value, 200,000,000 shares authorized, 122,823,917 and 104,310,266 shares issued, respectively | 104 | 103 | 109 | 114 | 103 | 101 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Additional paid-in capital | |||||||||||||||||||||
897,739 | 884,995 | 929,249 | 970,519 | 844,829 | 835,115 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Additional paid-in capital | 897,739 | 884,995 | 929,249 | 970,519 | 844,829 | 835,115 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accumulated deficit | |||||||||||||||||||||
-68,001 | -68,825 | 69,034 | -16,600 | -18,630 | 35,555 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accumulated deficit | -68,001 | -68,825 | 69,034 | -16,600 | -18,630 | 35,555 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Total shareholders’ equity | |||||||||||||||||||||
829,842 | 816,273 | 998,392 | 954,033 | 826,302 | 870,771 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Total shareholders’ equity | 829,842 | 816,273 | 998,392 | 954,033 | 826,302 | 870,771 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | |||||||||||||||||||||
1,290,890 | 1,223,645 | 1,480,312 | 1,335,786 | 1,061,236 | 1,050,739 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | 1,290,890 | 1,223,645 | 1,480,312 | 1,335,786 | 1,061,236 | 1,050,739 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||