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ProPetro Holding's revenue is $1.4 billion.

What is ProPetro Holding's revenue?

ProPetro Holding's annual revenue is $1.4B. Zippia's data science team found the following key financial metrics about ProPetro Holding after extensive research and analysis.
  • ProPetro Holding's revenue growth from 2016 to 2024 is 230.56%.
  • ProPetro Holding has 1,500 employees, and the revenue per employee ratio is $962,857.
  • ProPetro Holding's peak quarterly revenue was $546.2M in 2019(q1).
  • ProPetro Holding peak revenue was $2.1B in 2019.
  • ProPetro Holding annual revenue for 2023 was 1.6B, 27.4% growth from 2022.
  • ProPetro Holding annual revenue for 2024 was 1.4B, -11.42% growth from 2023.

On this page

Most recent quarter revenue
$320.6M (Q4'2024)
Company most recent quarter revenue
Peak revenue
$2.1B (2019)
Company peak revenue
Revenue / employee
$962,857
Company revenue / employee

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Most recent quarter revenue
$320.6M (Q4'2024)
Company most recent quarter revenue
Peak revenue
$2.1B (2019)
Company peak revenue
Revenue / employee
$962,857
Company revenue / employee

ProPetro Holding historical revenue

ProPetro Holding's peak revenue was $2.1B in 2019. The peak quarterly revenue was $546.2M in 2019(q1).

ProPetro Holding's revenue increased from $436.9m in 2016 to $1.4B currently. That's a 230.56% change in annual revenue.

ProPetro Holding annual revenue

$2B
$2B
$1B
$821M
$410M
$0
2019
2020
2021
2022
2023
2024

ProPetro Holding annual revenue over time

Fiscal year / yearProPetro Holding revenue
2016$436.9M
2017$981.9M
2018$1.7B
2019$2.1B
2020$789.2M
2021$874.5M
2022$1.3B
2023$1.6B
2024$1.4B

How accurately did ProPetro Holding's revenue projections match actual performance?

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ProPetro Holding annual growth

ProPetro Holding saw the greatest revenue growth in 2017, when revenue increased by 124.72%.

ProPetro Holding had the lowest revenue growth in 2020, when revenue changed by -61.54%.

ProPetro Holding annual growth rate over time

YearProPetro Holding growth
2017
125%
2018
74%
2019
20%
2020
-62%
2021
11%
2022
46%
2023
27%
2024
-11%

ProPetro Holding quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$435M
$348M
$261M
$174M
$87M
$0
2020
2021
2022
2023
2024

ProPetro Holding quarterly growth rate over time

YearQ1Q2Q3Q4
2016---$163.9M
2017$171.9M$213.5M$282.7M$313.7M
2018$385.2M$459.9M$434.0M$425.4M
2019$546.2M$529.5M$541.8M$434.8M
2020$395.1M$106.1M$133.7M$154.3M
2021$161.5M$216.9M$250.1M$246.1M
2022$282.7M$315.1M$333.0M$348.9M
2023$423.6M$435.2M$423.8M$347.8M
2024$405.8M$357.0M$360.9M$320.6M

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ProPetro Holding financial information

CEOSamuel D. Sledge
IndustryEnergy Equipment & Services
Company TypePublic
Employees Number1,500
Date Founded2007
HeadquartersMidland, Texas
Number of Locations2
Revenue$1.4B
Net Income$2,030,000
Gross Proft$378.8M (2024)
EBITDA$50.3M (2024)
PE Ratio-9.83
Tax Rate0.2%
Market Capitalization$1.4B
Total Assets$1,335,786,000
TickerPUMP

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ProPetro Holding financing

ProPetro Holding received early financing of $170.0M on 2017-01-10.

SeriesRound sizeDate
Equity$170.0M01/2017

ProPetro Holding competitors

ProPetro Holding's top competitor, Pioneer Natural Resources, earned an annual revenue of $19.4B.

ProPetro Holding's smallest competitor is Leed Tool Corporation with revenue of $4.9M last year.

ProPetro Holding revenue FAQs

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Zippia gives an in-depth look into the details of ProPetro Holding, including salaries, political affiliations, employee data, and more, in order to inform job seekers about ProPetro Holding. The employee data is based on information from people who have self-reported their past or current employments at ProPetro Holding. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by ProPetro Holding. The data presented on this page does not represent the view of ProPetro Holding and its employees or that of Zippia.

ProPetro Holding may also be known as or be related to PROPETRO HOLDING CORP., ProPetro Holding, ProPetro Holding Corp, ProPetro Holding Corp. and Propetro Services, Inc.