Precision Drilling (PDS) Amortization (2009 - 2026)
Precision Drilling (PDS) reported Amortization of $6.7 million for Q1 2026, down 32.62% on a YoY basis from $10.0 million in Q1 2025, and down 88.49% quarter-over-quarter from $58.4 million in Q4 2025.
Precision Drilling (PDS) Amortization (2009 - 2026) Analysis & Trends
Precision Drilling has reported Amortization for 18 years, with the latest figure at $6.7 million in Q1 2026.
- For the quarter ending Q1 2026, Amortization fell 32.62% year-over-year to $6.7 million; the trailing twelve-month figure through Mar 2026 stood at $127.7 million (up 82.42% YoY), and the FY2025 full-year result was $1.5 million, down 10.2% from the prior year.
- Amortization for Q1 2026 stood at $6.7 million, down from $58.4 million in the prior quarter.
- The five-year high for Amortization was $117.2 million in Q4 2022, with the low at -$24.3 million in Q3 2022.
- Historically, Amortization has averaged $26.6 million across 5 years, with a median of $14.0 million in 2023.
- The largest YoY upside for Amortization was 22047.79% in 2022 against a maximum downside of 772.98% in 2022.
- Precision Drilling's Amortization stood at $117.2 million in 2022, then tumbled by 50.58% to $57.9 million in 2023, then declined by 27.2% to $42.2 million in 2024, then jumped by 38.5% to $58.4 million in 2025, then plunged by 88.49% to $6.7 million in 2026.
- The last three Amortization figures came in at $6.7 million (Q1 2026), $58.4 million (Q4 2025), and $24.5 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Amortization (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 6.72 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | - |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | - |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | - |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | - |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | - |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | - |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | - |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | - |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.72 Mn |
| Mar 31, 2026 | 6.72 Mn |
| Dec 31, 2025 | 58.40 Mn |
| Dec 31, 2025 | 58.40 Mn |
| Sep 30, 2025 | 24.49 Mn |
| Sep 30, 2025 | 24.49 Mn |
| Jun 30, 2025 | 38.09 Mn |
| Jun 30, 2025 | 38.09 Mn |
| Mar 31, 2025 | 9.97 Mn |
| Mar 31, 2025 | 9.97 Mn |
| Dec 31, 2024 | 42.16 Mn |
| Dec 31, 2024 | 42.16 Mn |
| Sep 30, 2024 | 10.17 Mn |
| Sep 30, 2024 | 10.17 Mn |
| Jun 30, 2024 | 7.69 Mn |
| Jun 30, 2024 | 7.69 Mn |
| Mar 31, 2024 | 9.74 Mn |
| Mar 31, 2024 | 9.74 Mn |
| Dec 31, 2023 | 57.92 Mn |
| Dec 31, 2023 | 57.92 Mn |