Precision Drilling (PDS) Assets Average (2009 - 2026)
Precision Drilling's (PDS) quarterly Assets Average came in at $2.0 billion in Q2 2026, down 0.91% YoY from $2.0 billion in Q2 2025, and little changed on a QoQ basis from $2.0 billion in Q1 2026.
Precision Drilling (PDS) Assets Average (2009 - 2026) Analysis & Trends
Precision Drilling (PDS) has 18 years of Assets Average data on file, last reported at $2.0 billion in Q2 2026.
- Quarterly Assets Average fell 0.91% year-over-year to $2.0 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $2.0 billion (down 0.91% YoY) and the FY2025 annual result came in at $2.0 billion, down 6.57% from the prior year.
- Assets Average steadied at $2.0 billion in Q2 2026, from $2.0 billion in the prior quarter.
- In the past five years, Assets Average ranged from a high of $2.4 billion in Q2 2022 to a low of $2.0 billion in Q1 2026.
- A 5-year average of $2.1 billion and a median of $2.1 billion in 2024 frame the typical range for Assets Average.
- Annual changes were most pronounced in 2022 — Assets Average increased 8.4% — and 2023, when it declined 13.32%.
- Tracing PDS's Assets Average over 5 years: stood at $2.2 billion in 2022, then decreased by 1.17% to $2.2 billion in 2023, then decreased by 1.83% to $2.1 billion in 2024, then declined by 5.74% to $2.0 billion in 2025, then decreased by 0.38% to $2.0 billion in 2026.
- The last three Assets Average figures came in at $2.0 billion (Q2 2026), $2.0 billion (Q1 2026), and $2.0 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | 7.36 Bn |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 15.16 Bn |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | 5.37 Bn |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 6.31 Bn |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 4.05 Bn |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | 3.75 Bn |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | 4.40 Bn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 1.99 Bn |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | 5.41 Bn |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | 1.75 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.99 Bn |
| Mar 31, 2026 | 1.98 Bn |
| Dec 31, 2025 | 2.00 Bn |
| Sep 30, 2025 | 2.01 Bn |
| Jun 30, 2025 | 2.01 Bn |
| Mar 31, 2025 | 2.07 Bn |
| Dec 31, 2024 | 2.12 Bn |
| Sep 30, 2024 | 2.12 Bn |
| Jun 30, 2024 | 2.18 Bn |
| Mar 31, 2024 | 2.22 Bn |
| Dec 31, 2023 | 2.16 Bn |
| Sep 30, 2023 | 2.06 Bn |
| Jun 30, 2023 | 2.09 Bn |
| Mar 31, 2023 | 2.13 Bn |
| Dec 31, 2022 | 2.18 Bn |
| Sep 30, 2022 | 2.18 Bn |
| Jun 30, 2022 | 2.41 Bn |
| Mar 31, 2022 | 2.40 Bn |
| Dec 31, 2021 | 2.14 Bn |
| Sep 30, 2021 | 2.43 Bn |