Precision Drilling (PDS) Current Leases (2009 - 2026)

Precision Drilling (PDS) reported Current Leases of $13.6 million for Q1 2026, up 1663.15% on a YoY basis from $770789.6 in Q1 2025, and up 6.6% quarter-over-quarter from $12.7 million in Q4 2025.

Precision Drilling (PDS) Current Leases (2009 - 2026) Analysis & Trends

Precision Drilling has reported Current Leases for 18 years, with the latest figure at $13.6 million in Q1 2026.

  • For the quarter ending Q1 2026, Current Leases rose 1663.15% year-over-year to $13.6 million; the trailing twelve-month figure through Mar 2026 stood at $13.6 million (up 1663.15% YoY), and the FY2025 full-year result was $12.7 million, down 15.26% from the prior year.
  • Current Leases for Q1 2026 stood at $13.6 million, up from $12.7 million in the prior quarter.
  • The five-year high for Current Leases was $14.7 million in Q4 2024, with the low at $622084.6 in Q1 2023.
  • Historically, Current Leases has averaged $4.0 million across 5 years, with a median of $2.0 million in 2022.
  • Annual changes were most pronounced in 2022 — Current Leases plunged 62.96% — and 2026, when it soared 1663.15%.
  • Precision Drilling's Current Leases stood at $3.2 million in 2022, then grew by 2.72% to $3.3 million in 2023, then surged by 345.84% to $14.7 million in 2024, then declined by 13.38% to $12.7 million in 2025, then grew by 6.6% to $13.6 million in 2026.
  • The last three Current Leases figures came in at $13.6 million (Q1 2026), $12.7 million (Q4 2025), and $2.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn 13.59 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 15.85 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 9.47 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
DateValue
Mar 31, 2026 13.59 Mn
Dec 31, 2025 12.75 Mn
Sep 30, 2025 2.40 Mn
Jun 30, 2025 1.57 Mn
Mar 31, 2025 770,789.62
Dec 31, 2024 14.72 Mn
Sep 30, 2024 3.42 Mn
Jun 30, 2024 1.73 Mn
Mar 31, 2024 754,729.13
Dec 31, 2023 3.30 Mn
Sep 30, 2023 2.99 Mn
Jun 30, 2023 1.46 Mn
Mar 31, 2023 622,084.64
Dec 31, 2022 3.21 Mn
Sep 30, 2022 1.97 Mn
Jun 30, 2022 1.26 Mn
Mar 31, 2022 765,791.14
Dec 31, 2021 8.68 Mn
Sep 30, 2021 1.96 Mn
Jun 30, 2021 1.28 Mn