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% YoY from $13.3 million in Q2 2025, and up 3.97% on a QoQ basis from $13.6 million in Q1 2026.
Precision Drilling (PDS) Current Leases (2019 - 2026) Analysis & Trends
Precision Drilling (PDS) has 8 years of Current Leases data on file, last reported at $14.1 million in Q2 2026.
- Quarterly Current Leases rose 6.47% year-over-year to $14.1 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $14.1 million (up 6.47% YoY) and the FY2025 annual result came in at $12.7 million, down 13.54% from the prior year.
- Current Leases advanced to $14.1 million in Q2 2026, from $13.6 million in the prior quarter.
- In the past five years, Current Leases ranged from a high of $14.7 million in Q4 2024 to a low of $8.6 million in Q1 2022.
- A 5-year average of $12.0 million and a median of $12.9 million in 2025 frame the typical range for Current Leases.
- Annual changes were most pronounced in 2024 — Current Leases surged 45.81% — and 2025, when it retreated 13.38%.
- Tracing PDS's Current Leases over 5 years: stood at $9.4 million in 2022, then surged by 36.52% to $12.8 million in 2023, then grew by 15.24% to $14.7 million in 2024, then declined by 13.38% to $12.7 million in 2025, then advanced by 10.83% to $14.1 million in 2026.
- The last three Current Leases figures came in at $14.1 million (Q2 2026), $13.6 million (Q1 2026), and $12.7 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | - |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | - |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | 17.03 Mn |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | - |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | - |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | - |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | 8.26 Mn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 14.13 Mn |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | - |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | - |
Historic Data
Download 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 |