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| Date | Value |
|---|---|
| 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 |