Name: Return on Equity (ROE)

Definition: ROE shows how much profit the company earns for its shareholders based on their invested equity. It’s one of the most watched profitability ratios. A consistently high ROE signals strong management and efficient use of shareholder capital. But artificially high ROE may sometimes be boosted by excessive debt.

Interpretation:
• In '2021', PUMP's return on equity was -6.6%, measuring profitability for shareholders. Industry average for Oilfield Services/Equipment in '2021' stood at 5.9%.
• In '2022', PUMP's return on equity was 0.2%, measuring profitability for shareholders. The increase since '2021' reflects strengthening financial performance. Industry average for Oilfield Services/Equipment in '2022' stood at 2.8%. Industry average declined by 3.1% from previous year.
• In '2023', PUMP's return on equity was 8.8%, measuring profitability for shareholders. The increase since '2022' reflects strengthening financial performance. Industry average for Oilfield Services/Equipment in '2023' stood at -12.5%. Industry average declined by 15.3% from previous year.
• In '2024', PUMP's return on equity was -15.2%, measuring profitability for shareholders. The decline from '2023' may indicate some operational or financial challenges. Industry average for Oilfield Services/Equipment in '2024' stood at -10.0%. Industry average increased by 2.5% compared to previous year.
Overall, PUMP's return on equity has been volatile but showed a downward trend over the past 4 years.

Formula: ROE = Net Income / Shareholders' Equity

Good Range: 10%-20% desirable for many industries.