See more : Kinnevik AB (0RH1.L) Income Statement Analysis – Financial Results
Complete financial analysis of Petrofac Limited (POFCY) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Petrofac Limited, a leading company in the Oil & Gas Equipment & Services industry within the Energy sector.
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Petrofac Limited (POFCY)
About Petrofac Limited
Petrofac Limited designs, builds, manages, and maintains infrastructure for the energy industries in the United Kingdom, Algeria, Thailand, Oman, Kuwait, Iraq, the United Arab Emirates, the Netherlands, and internationally. It operates through three segments: Engineering & Construction (E&C); Asset Solutions; and Integrated Energy Services (IES). The E&C segment provides onshore and offshore engineering, procurement, construction, installation, and commissioning services. The Asset Solutions segment offers concept, feasibility, and front-end engineering design services, as well as manages and maintains onshore and offshore operations. The IES segment provides an integrated services for clients under flexible commercial models that are aligned with their requirements. Petrofac Limited was founded in 1981 and is based in St Helier, Jersey.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.50B | 2.59B | 3.06B | 4.08B | 5.53B | 5.83B | 6.40B | 7.87B | 6.84B | 6.24B | 6.33B | 6.32B | 5.80B | 4.35B | 3.66B | 3.33B | 2.44B | 1.86B | 1.49B | 951.53M | 628.70M | 391.40M |
| Cost of Revenue | 2.68B | 2.67B | 2.88B | 3.80B | 4.91B | 5.11B | 5.63B | 7.14B | 6.43B | 5.25B | 5.17B | 5.25B | 4.84B | 3.60B | 3.04B | 2.78B | 2.03B | 1.59B | 1.32B | 829.08M | 554.20M | 335.91M |
| Gross Profit | -188.00M | -76.00M | 178.00M | 279.00M | 621.00M | 719.00M | 767.00M | 734.00M | 412.00M | 996.00M | 1.16B | 1.08B | 959.78M | 759.07M | 617.18M | 552.88M | 410.48M | 270.41M | 160.55M | 122.45M | 74.50M | 55.49M |
| Gross Profit Ratio | -7.53% | -2.93% | 5.82% | 6.84% | 11.23% | 12.33% | 11.99% | 9.32% | 6.02% | 15.96% | 18.25% | 17.01% | 16.55% | 17.43% | 16.88% | 16.61% | 16.82% | 14.51% | 10.81% | 12.87% | 11.85% | 14.18% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 77.00M | 64.00M | 65.00M | 51.00M | 70.00M | 65.00M | 67.00M | 68.00M | 102.00M | 121.00M | 111.00M | 102.00M | 78.00M | 0.00 | 0.00 | 0.00 | 0.00 | -33.12M | 3.13M | 58.83M | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 65.00M | 51.00M | 70.00M | 65.00M | 67.00M | 68.00M | 102.00M | 121.00M | 111.00M | 102.00M | 78.00M | 0.00 | 0.00 | 0.00 | 0.00 | 34.30M | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 77.00M | 64.00M | 65.00M | 51.00M | 70.00M | 65.00M | 67.00M | 68.00M | 102.00M | 121.00M | 111.00M | 102.00M | 78.00M | 0.00 | 0.00 | 0.00 | 0.00 | 1.17M | 3.13M | 58.83M | 0.00 | 0.00 |
| Other Expenses | 155.00M | 0.00 | 1.00M | 12.00M | 16.00M | 12.00M | 3.00M | 3.00M | 9.00M | 5.00M | 1.00M | 5.00M | 2.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 232.00M | 142.00M | 149.00M | 171.00M | 210.00M | 221.00M | 244.00M | 236.00M | 331.00M | 393.00M | 378.00M | 343.00M | 275.91M | 218.48M | 179.97M | 186.35M | 164.93M | 116.45M | 71.30M | 54.17M | 49.23M | 20.21M |
| Cost & Expenses | 2.92B | 2.81B | 3.03B | 3.97B | 5.12B | 5.33B | 5.87B | 7.38B | 6.76B | 5.64B | 5.55B | 5.59B | 5.12B | 3.81B | 3.22B | 2.96B | 2.19B | 1.71B | 1.40B | 883.25M | 603.43M | 356.12M |
| Interest Income | 6.00M | 7.00M | 6.00M | 9.00M | 13.00M | 14.00M | 7.00M | 3.00M | 1.00M | 2.00M | 1.00M | 5.00M | 7.88M | 10.21M | 11.94M | 16.69M | 18.26M | 9.30M | 3.19M | 2.00M | 1.07M | 1.64M |
| Interest Expense | 119.00M | 98.00M | 44.00M | 37.00M | 54.00M | 77.00M | 80.00M | 99.00M | 101.00M | 79.00M | 28.00M | 5.00M | 4.30M | 3.49M | 3.48M | 4.13M | 7.01M | 6.76M | 7.89M | 7.54M | 1.05M | 724.46K |
| Depreciation & Amortization | 83.00M | 80.00M | 69.00M | 89.00M | 135.00M | 146.00M | 178.00M | 193.00M | 200.00M | 244.00M | 238.00M | 130.00M | 80.09M | 95.90M | 117.78M | 33.04M | 44.07M | 28.81M | 27.28M | 27.89M | 11.06M | 4.33M |
| EBITDA | -324.00M | -144.00M | -141.00M | -63.00M | 364.00M | 309.00M | 285.00M | 374.00M | -43.00M | 494.00M | 1.03B | 874.00M | 764.78M | 767.79M | 559.58M | 395.54M | 311.44M | 206.94M | 115.86M | 95.69M | 33.64M | 29.00M |
| EBITDA Ratio | -12.98% | -4.79% | 3.60% | 6.03% | 9.64% | 10.62% | 10.18% | 8.61% | 4.35% | 13.97% | 16.69% | 13.82% | 13.18% | 14.75% | 15.44% | 12.57% | 12.66% | 10.49% | 7.80% | 10.32% | 3.37% | 7.40% |
| Operating Income | -420.00M | -217.00M | -130.00M | -148.00M | 220.00M | 159.00M | 104.00M | 186.00M | -252.00M | 221.00M | 771.00M | 766.00M | 682.88M | 663.45M | 431.96M | 355.59M | 248.50M | 171.12M | 88.60M | 68.28M | 37.75M | 35.30M |
| Operating Income Ratio | -16.83% | -8.38% | -4.25% | -3.63% | 3.98% | 2.73% | 1.63% | 2.36% | -3.68% | 3.54% | 12.18% | 12.11% | 11.77% | 15.24% | 11.82% | 10.68% | 10.18% | 9.18% | 5.96% | 7.18% | 6.00% | 9.02% |
| Total Other Income/Expenses | -106.00M | -104.00M | -59.00M | -23.00M | -28.00M | -52.00M | -59.00M | -86.00M | -83.00M | -50.00M | 18.00M | 7.00M | -3.00M | 127.64M | 6.36M | 2.78M | 9.73M | 553.92K | -5.26M | -5.55M | -16.21M | -11.35M |
| Income Before Tax | -526.00M | -321.00M | -189.00M | -171.00M | 192.00M | 107.00M | 45.00M | 100.00M | -335.00M | 171.00M | 789.00M | 765.00M | 680.57M | 668.40M | 438.32M | 358.37M | 258.23M | 173.25M | 83.35M | 62.74M | 21.53M | 23.95M |
| Income Before Tax Ratio | -21.07% | -12.39% | -6.18% | -4.19% | 3.47% | 1.84% | 0.70% | 1.27% | -4.89% | 2.74% | 12.47% | 12.10% | 11.73% | 15.35% | 11.99% | 10.76% | 10.58% | 9.30% | 5.61% | 6.59% | 3.42% | 6.12% |
| Income Tax Expense | -3.00M | 16.00M | 3.00M | 18.00M | 126.00M | 46.00M | 72.00M | 86.00M | 9.00M | 31.00M | 142.00M | 135.00M | 140.98M | 110.54M | 84.52M | 93.38M | 69.52M | 51.34M | 7.95M | 16.70M | 2.58M | 2.19M |
| Net Income | -505.00M | -310.00M | -195.00M | -180.00M | 73.00M | 64.00M | -29.00M | 1.00M | -349.00M | 120.00M | 650.00M | 632.00M | 540.00M | 557.82M | 353.60M | 264.99M | 188.72M | 120.33M | 74.58M | 32.92M | 22.12M | 22.07M |
| Net Income Ratio | -20.23% | -11.96% | -6.38% | -4.41% | 1.32% | 1.10% | -0.45% | 0.01% | -5.10% | 1.92% | 10.27% | 9.99% | 9.31% | 12.81% | 9.67% | 7.96% | 7.73% | 6.46% | 5.02% | 3.46% | 3.52% | 5.64% |
| EPS | -0.49 | -0.30 | -0.27 | -0.26 | 0.10 | 0.09 | -0.04 | 0.00 | -0.49 | 0.17 | 0.92 | 0.89 | 0.76 | 0.79 | 0.50 | 0.37 | 0.26 | 0.17 | 0.12 | 0.05 | 0.03 | 0.03 |
| EPS Diluted | -0.49 | -0.30 | -0.27 | -0.26 | 0.10 | 0.09 | -0.04 | 0.00 | -0.49 | 0.17 | 0.91 | 0.88 | 0.76 | 0.78 | 0.50 | 0.37 | 0.26 | 0.17 | 0.11 | 0.04 | 0.03 | 0.03 |
| Weighted Avg Shares Out | 1.04B | 1.03B | 724.00M | 701.22M | 699.14M | 703.30M | 707.47M | 707.47M | 707.47M | 709.55M | 709.55M | 707.47M | 705.39M | 705.11M | 702.21M | 706.60M | 712.14M | 715.80M | 632.85M | 726.78M | 718.20M | 718.20M |
| Weighted Avg Shares Out (Dil) | 1.04B | 1.03B | 724.00M | 701.22M | 713.71M | 717.87M | 707.47M | 713.71M | 707.47M | 715.79M | 715.79M | 713.71M | 713.71M | 714.46M | 713.00M | 715.08M | 719.03M | 718.12M | 717.46M | 849.53M | 718.20M | 718.20M |
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Petrofac Limited (POFCF) Q2 2023 Earnings Call Transcript
Petrofac Limited (OTCPK:POFCF) Q2 2023 Earnings Conference Call August 10, 2023 3:30 AM ET Company Participants Tareq Kawash - Group Chief Executive Officer Afonso Reis e Sousa - Chief Financial Officer Conference Call Participants Alexander Smith - Investec Moyo Adebayo...
UK's Petrofac posts half-year loss on weak performance of largest unit
UK oilfield services provider Petrofac posted a half-year loss on Thursday, hurt by subdued activity at its largest unit - engineering & construction.
Source: https://incomestatements.info
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