Precision Drilling (PDS) Current Leases (2019 - 2026)
Precision Drilling's (PDS) quarterly Current Leases came in at $14.1 million in Q2 2026, up 6.47% on a YoY basis from $13.3 million in Q2 2025, and up 3.97% quarter-over-quarter from $13.6 million in Q1 2026.
Analysis
Precision Drilling (PDS) Current Leases (2019 - 2026) Analysis & Trends
Precision Drilling (PDS) has reported Current Leases for 8 consecutive years, with $14.1 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Current Leases rose 6.47% year-over-year to $14.1 million; the trailing twelve-month figure through Jun 2026 stood at $14.1 million (up 6.47% YoY), and the FY2025 full-year result was $12.7 million, down 15.26% from the prior year.
- Current Leases rose to $14.1 million in Q2 2026 per PDS's latest filing, from $13.6 million in the prior quarter.
- Across five years, Current Leases topped out at $14.7 million in Q4 2024 and bottomed at $8.6 million in Q1 2022.
- Historically, Current Leases has averaged $12.0 million across 5 years, with a median of $12.9 million in 2025.
- The sharpest annual moves came in 2024 and 2025: Current Leases soared 45.81% in 2024, then decreased 13.38% in 2025.
- Over 5 years, Current Leases stood at $9.4 million in 2022, then jumped by 36.52% to $12.8 million in 2023, then rose by 15.24% to $14.7 million in 2024, then retreated by 13.38% to $12.7 million in 2025, then grew by 10.83% to $14.1 million in 2026.
- According to Business Quant data, Current Leases over the past three periods registered $14.1 million, $13.6 million, and $12.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Patterson Uti Energy | 4.74 Bn | 4.54 Bn | 597.25 Mn | 17.03 Mn |
| 2 | Helmerich & Payne | 4.43 Bn | 4.29 Bn | 349.94 Mn | - |
| 3 | Nabors Industries | 1.45 Bn | 1.44 Bn | 309.38 Mn | 8.26 Mn |
| 4 | Precision Drilling | 1.16 Bn | 1.12 Bn | 89.29 Mn | 14.13 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.13 Mn |
| Mar 31, 2026 | 13.59 Mn |
| Dec 31, 2025 | 12.75 Mn |
| Sep 30, 2025 | 13.11 Mn |
| Jun 30, 2025 | 13.27 Mn |
| Mar 31, 2025 | 13.73 Mn |
| Dec 31, 2024 | 14.72 Mn |
| Sep 30, 2024 | 14.12 Mn |
| Jun 30, 2024 | 13.86 Mn |
| Mar 31, 2024 | 13.79 Mn |
| Dec 31, 2023 | 12.77 Mn |
| Sep 30, 2023 | 10.18 Mn |
| Jun 30, 2023 | 9.57 Mn |
| Mar 31, 2023 | 9.46 Mn |
| Dec 31, 2022 | 9.35 Mn |
| Sep 30, 2022 | 10.15 Mn |
| Jun 30, 2022 | 9.10 Mn |
| Mar 31, 2022 | 8.61 Mn |
| Dec 31, 2021 | 8.68 Mn |
| Sep 30, 2021 | 8.86 Mn |