Precision Drilling (PDS) Capital Leases (2015 - 2026)
Precision Drilling's (PDS) quarterly Capital Leases came in at $531.0 million in Q1 2026, down 0.85% on a QoQ basis from $535.6 million in Q4 2025.
Precision Drilling (PDS) Capital Leases (2015 - 2026) Analysis & Trends
Precision Drilling (PDS) has 12 years of Capital Leases data on file, last reported at $531.0 million in Q1 2026.
- Quarterly Capital Leases changed N/A year-over-year to $531.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $531.0 million (changed N/A YoY) and the FY2025 annual result came in at $534.6 million, down 15.92% from the prior year.
- Capital Leases retreated to $531.0 million in Q1 2026, from $535.6 million in the prior quarter.
- In the past five years, Capital Leases ranged from a high of $1.0 billion in Q3 2022 to a low of $439.7 million in Q2 2025.
- A 5-year average of $751.5 million and a median of $753.7 million in 2023 frame the typical range for Capital Leases.
- Annual changes were most pronounced in 2022 — Capital Leases grew 3.83% — and 2025, when it slumped 34.42%.
- Tracing PDS's Capital Leases over 5 years: stood at $888.9 million in 2022, then retreated by 17.71% to $731.5 million in 2023, then declined by 13.08% to $635.8 million in 2024, then fell by 15.76% to $535.6 million in 2025, then dropped by 0.85% to $531.0 million in 2026.
- The last three Capital Leases figures came in at $531.0 million (Q1 2026), $535.6 million (Q4 2025), and $439.7 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Noble | 7.44 Bn | 6.99 Bn | 273.38 Mn |
| 2 | Transocean | 6.67 Bn | 5.87 Bn | 358.00 Mn |
| 3 | Patterson Uti Energy | 4.69 Bn | 4.48 Bn | 597.25 Mn |
| 4 | Helmerich & Payne | 4.38 Bn | 4.14 Bn | 349.94 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.16 Bn | - |
| 7 | Nabors Industries | 1.32 Bn | 807.85 Mn | 309.38 Mn |
| 8 | Precision Drilling | 1.20 Bn | 1.15 Bn | 89.29 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn |
| 10 | Sable Offshore | 772.72 Mn | 751.12 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 531.05 Mn |
| Dec 31, 2025 | 535.62 Mn |
| Jun 30, 2025 | 439.74 Mn |
| Dec 31, 2024 | 635.80 Mn |
| Sep 30, 2024 | 629.52 Mn |
| Jun 30, 2024 | 670.56 Mn |
| Dec 31, 2023 | 731.49 Mn |
| Sep 30, 2023 | 786.70 Mn |
| Jun 30, 2023 | 775.86 Mn |
| Mar 31, 2023 | 916.29 Mn |
| Dec 31, 2022 | 888.92 Mn |
| Sep 30, 2022 | 1.02 Bn |
| Jun 30, 2022 | 962.19 Mn |
| Mar 31, 2022 | 992.72 Mn |
| Dec 31, 2021 | 940.78 Mn |
| Sep 30, 2021 | 986.42 Mn |
| Jun 30, 2021 | 990.60 Mn |
| Mar 31, 2021 | 989.36 Mn |
| Dec 31, 2020 | 1.00 Bn |
| Sep 30, 2020 | 1.07 Bn |