Precision Drilling (PDS) Beginning Cash Balance (2009 - 2026)
Precision Drilling (PDS) reported Beginning Cash Balance of $29.97 million for Q2 2026, up 47.0% from $20.38 million a year earlier but down 52.1% from the prior quarter.
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Analysis
Precision Drilling (PDS) Beginning Cash Balance (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Precision Drilling's Beginning Cash Balance came in at $153.93 million, up 23.6% year-over-year; for FY2025, it was $52.8 million, up 33.4% from FY2024.
- Beginning Cash Balance has a five-year compound annual growth rate of -1.1% (FY2020 to FY2025).
- By year, Beginning Cash Balance came in at $39.57 million in FY2024 (+147.3%), $16 million in FY2023 (-48.8%), $31.22 million in FY2022 (-64.0%) and $86.8 million in FY2021 (+55.7%).
- Five-year quarterly Beginning Cash Balance spans a low of $15.97 million in Q1 2023 and a high of $62.55 million in Q1 2026.
- Year over year, Beginning Cash Balance has now increased in each of the last three quarters, with growth averaging 24.5% over the last eight quarters.
- The high point for year-over-year Beginning Cash Balance in five years was Q1 2024 (growth of 151.8%); the low point was Q2 2022 (a decline of 70.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $62.55 million (Q1 2026), $27.47 million (Q4 2025) and $33.93 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn |
| 10 | Precision Drilling | 1.07 Bn | 908.98 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.97 Mn |
| Mar 31, 2026 | 62.55 Mn |
| Dec 31, 2025 | 27.47 Mn |
| Sep 30, 2025 | 33.93 Mn |
| Jun 30, 2025 | 20.38 Mn |
| Mar 31, 2025 | 51.41 Mn |
| Dec 31, 2024 | 17.40 Mn |
| Sep 30, 2024 | 35.36 Mn |
| Jun 30, 2024 | 22.63 Mn |
| Mar 31, 2024 | 40.21 Mn |
| Dec 31, 2023 | 36.04 Mn |
| Sep 30, 2023 | 17.10 Mn |
| Jun 30, 2023 | 30.98 Mn |
| Mar 31, 2023 | 15.97 Mn |
| Sep 30, 2022 | 39.60 Mn |
| Jun 30, 2022 | 18.90 Mn |
| Mar 31, 2022 | 32.04 Mn |
| Dec 31, 2021 | 45.30 Mn |
| Sep 30, 2021 | 50.39 Mn |
| Jun 30, 2021 | 63.32 Mn |
API Access
Precision Drilling Beginning Cash Balance API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=beginning-cash-balance&ticker=PDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "beginning-cash-balance", "ticker": "PDS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=beginning-cash-balance&ticker=PDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();