Precision Drilling PDS
NYSE PDS
$89.91 -0.65 (-0.72%)
As of: Sep 9, 2026 · 3:59 PM EDT

Precision Drilling (PDS) Debt Ratio (2009 - 2026)

Precision Drilling's (PDS) quarterly Debt Ratio came in at 0.23 in Q2 2026, down 7.7% on a YoY basis from 0.25 in Q2 2025, and down 4.91% quarter-over-quarter from 0.24 in Q1 2026.

Analysis

Precision Drilling (PDS) Debt Ratio (2009 - 2026) Analysis & Trends

Precision Drilling (PDS) has reported Debt Ratio for 18 consecutive years, with 0.23 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Debt Ratio fell 7.7% year-over-year to 0.23; the trailing twelve-month figure through Jun 2026 stood at 0.23 (down 7.7% YoY), and the FY2025 full-year result was 0.25, down 9.35% from the prior year.
  • Debt Ratio slipped to 0.23 in Q2 2026 per PDS's latest filing, from 0.24 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.44 in Q1 2022 and bottomed at 0.23 in Q2 2026.
  • Historically, Debt Ratio has averaged 0.32 across 5 years, with a median of 0.3 in 2023.
  • The sharpest annual moves came in 2022 and 2024: Debt Ratio climbed 2.47% in 2022, then fell 22.25% in 2024.
  • Over 5 years, Debt Ratio stood at 0.38 in 2022, then fell by 19.67% to 0.3 in 2023, then declined by 9.59% to 0.27 in 2024, then declined by 9.35% to 0.25 in 2025, then slipped by 7.8% to 0.23 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.23, 0.24, and 0.25 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Patterson Uti Energy 4.74 Bn 4.54 Bn 597.25 Mn 0.23
2 Helmerich & Payne 4.43 Bn 4.29 Bn 349.94 Mn 0.30
3 Nabors Industries 1.45 Bn 1.44 Bn 309.38 Mn 0.48
4 Precision Drilling 1.16 Bn 1.12 Bn 89.29 Mn 0.23
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.23
Mar 31, 2026 0.24
Dec 31, 2025 0.25
Sep 30, 2025 0.25
Jun 30, 2025 0.25
Mar 31, 2025 0.27
Dec 31, 2024 0.27
Sep 30, 2024 0.27
Jun 30, 2024 0.29
Mar 31, 2024 0.31
Dec 31, 2023 0.30
Sep 30, 2023 0.34
Jun 30, 2023 0.35
Mar 31, 2023 0.40
Dec 31, 2022 0.38
Sep 30, 2022 0.42
Jun 30, 2022 0.42
Mar 31, 2022 0.44
Dec 31, 2021 0.42
Sep 30, 2021 0.43