Precision Drilling (PDS) Debt Ratio (2009 - 2026)
Precision Drilling's (PDS) Debt Ratio came in at 0.23 for Q3 2026, down 7.4% from 0.25 a year earlier and down 1.0% from the prior quarter.
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Analysis
Precision Drilling (PDS) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Precision Drilling's Debt Ratio stood at 0.25, down 10.4% from FY2024.
- Annual Debt Ratio has declined for seven consecutive years.
- In prior years, Precision Drilling's Debt Ratio was 0.28 in FY2024 (-9.6%), 0.31 in FY2023 (-19.7%), 0.38 in FY2022 (-9.4%) and 0.42 in FY2021 (-0.9%).
- The Q3 2026 figure stands as the lowest quarterly Debt Ratio since Q2 2011.
- On a year-over-year basis, Debt Ratio has declined in each of the last 18 quarters, with an average decline of 10.5% over the last eight quarters.
- The strongest year-over-year quarter for Debt Ratio in the past five years was Q1 2022, with growth of 2.5%; the weakest was Q1 2024, with a decline of 22.3%.
- According to Business Quant data, Debt Ratio for the three prior quarters was 0.23 (Q2 2026), 0.24 (Q1 2026) and 0.25 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn | 0.23 |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn | 0.31 |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn | 0.27 |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn | 0.04 |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn | 0.26 |
| 6 | Nov | 6.45 Bn | 1.39 Bn | 439.00 Mn | 0.15 |
| 7 | Weatherford International | 6.27 Bn | 2.04 Bn | 374.00 Mn | 0.28 |
| 8 | Transocean | 6.19 Bn | 4.23 Bn | 348.00 Mn | 0.33 |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn | 0.20 |
| 10 | Precision Drilling | 1.32 Bn | 1.17 Bn | 111.41 Mn | 0.23 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.23 |
| 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 | 0.28 |
| Sep 30, 2024 | 0.27 |
| Jun 30, 2024 | 0.29 |
| Mar 31, 2024 | 0.31 |
| Dec 31, 2023 | 0.31 |
| 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 |
API Access
Precision Drilling Debt Ratio 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=debt-ratio&ticker=PDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=PDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();