Precision Drilling (PDS) Assets Average (2009 - 2026)
Precision Drilling (PDS) reported Assets Average of $2.0 billion for Q1 2026, down 4.56% on a YoY basis from $2.1 billion in Q1 2025, and down 0.78% quarter-over-quarter from $2.0 billion in Q4 2025.
Precision Drilling (PDS) Assets Average (2009 - 2026) Analysis & Trends
Precision Drilling has reported Assets Average for 18 years, with the latest figure at $2.0 billion in Q1 2026.
- For the quarter ending Q1 2026, Assets Average fell 4.56% year-over-year to $2.0 billion; the trailing twelve-month figure through Mar 2026 stood at $2.0 billion (down 4.56% YoY), and the FY2025 full-year result was $2.1 billion, down 6.51% from the prior year.
- Assets Average for Q1 2026 stood at $2.0 billion, down from $2.0 billion in the prior quarter.
- The five-year high for Assets Average was $2.2 billion in Q1 2024, with the low at $2.0 billion in Q1 2026.
- Historically, Assets Average has averaged $2.1 billion across 5 years, with a median of $2.1 billion in 2022.
- Annual changes were most pronounced in 2024 — Assets Average gained 4.36% — and 2025, when it dropped 7.89%.
- Precision Drilling's Assets Average 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 fell by 0.78% to $2.0 billion in 2026.
- The last three Assets Average figures came in at $2.0 billion (Q1 2026), $2.0 billion (Q4 2025), and $2.0 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 1.98 Bn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 7.50 Bn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 15.40 Bn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | 5.47 Bn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 6.40 Bn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 3.97 Bn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | 1.74 Bn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 4.59 Bn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 3.71 Bn |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 5.33 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 2.12 Bn |
| Mar 31, 2022 | 2.12 Bn |
| Dec 31, 2021 | 2.14 Bn |
| Sep 30, 2021 | 2.18 Bn |
| Jun 30, 2021 | 2.20 Bn |