Precision Drilling (PDS) Current Leases (2019 - 2026)
Precision Drilling (PDS) recorded Current Leases of $13.75 million in Q3 2026, up 6.1% from $12.96 million a year earlier and unchanged from the prior quarter.
Precision Drilling (PDS) Current Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Precision Drilling reported Current Leases of $12.98 million, down 9.4% from FY2024.
- Annual Current Leases has a five-year compound annual growth rate of 8.0% (FY2020 to FY2025).
- Across earlier years, Current Leases came in at $14.33 million in FY2024 (+9.0%), $13.14 million in FY2023 (+40.3%), $9.37 million in FY2022 (+9.2%) and $8.58 million in FY2021 (-3.1%).
- Quarterly Current Leases has ranged from $8.58 million in Q4 2021 to $14.33 million in Q4 2024 over the past five years.
- On a year-over-year basis, Current Leases rose in four of the last eight quarters, with an average decline of 0.8%.
- Peak year-over-year performance for Current Leases in the last five years was growth of 45.2% in Q1 2024, against a decline of 9.4% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $13.76 million (Q2 2026), $13.38 million (Q1 2026) and $12.98 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn | - |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn | - |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn | 276.00 Mn |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn | 28.90 Mn |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn | - |
| 6 | Nov | 6.45 Bn | 1.39 Bn | 439.00 Mn | 30.00 Mn |
| 7 | Weatherford International | 6.27 Bn | 2.04 Bn | 374.00 Mn | 45.00 Mn |
| 8 | Transocean | 6.19 Bn | 4.23 Bn | 348.00 Mn | - |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn | - |
| 10 | Precision Drilling | 1.32 Bn | 1.17 Bn | 111.41 Mn | 13.75 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 13.75 Mn |
| Jun 30, 2026 | 13.76 Mn |
| Mar 31, 2026 | 13.38 Mn |
| Dec 31, 2025 | 12.98 Mn |
| Sep 30, 2025 | 12.96 Mn |
| Jun 30, 2025 | 13.44 Mn |
| Mar 31, 2025 | 13.77 Mn |
| Dec 31, 2024 | 14.33 Mn |
| Sep 30, 2024 | 14.26 Mn |
| Jun 30, 2024 | 13.84 Mn |
| Mar 31, 2024 | 13.73 Mn |
| Dec 31, 2023 | 13.14 Mn |
| Sep 30, 2023 | 10.12 Mn |
| Jun 30, 2023 | 9.70 Mn |
| Mar 31, 2023 | 9.46 Mn |
| Dec 31, 2022 | 9.37 Mn |
| Sep 30, 2022 | 9.68 Mn |
| Jun 30, 2022 | 9.01 Mn |
| Mar 31, 2022 | 8.74 Mn |
| Dec 31, 2021 | 8.58 Mn |
Precision Drilling Current Leases 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=current-leases&ticker=PDS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-leases", "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=current-leases&ticker=PDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();