Precision Drilling (PDS) Debt Ratio (2009 - 2026)
Precision Drilling posted quarterly Debt Ratio of 0.24 for Q1 2026, down 11.73% year-on-year from 0.27 in Q1 2025, and down 3.04% on a QoQ basis from 0.25 in Q4 2025.
Precision Drilling (PDS) has 18 years of Debt Ratio data on file, last reported at 0.24 in Q1 2026.
- For the quarter ending Q1 2026, Debt Ratio fell 11.73% year-over-year to 0.24; the trailing twelve-month figure through Mar 2026 stood at 0.24 (down 11.73% YoY), and the FY2025 full-year result was 0.25, down 9.35% from the prior year.
- Debt Ratio for Q1 2026 stood at 0.24, down from 0.25 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.44 in Q1 2022 and bottomed at 0.24 in Q1 2026.
- The 5-year median for Debt Ratio is 0.3 (2023), against an average of 0.32.
- The widest annual swing landed in 2022, when Debt Ratio advanced 2.47%; it then declined 22.25% in 2024.
- A 5-year view of Debt Ratio shows it stood at 0.38 in 2022, then declined by 19.67% to 0.3 in 2023, then dropped by 9.59% to 0.27 in 2024, then dropped by 9.35% to 0.25 in 2025, then dropped by 3.04% to 0.24 in 2026.
- The last three Debt Ratio figures came in at 0.24 (Q1 2026), 0.25 (Q4 2025), and 0.25 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 0.24 |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 0.26 |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 0.35 |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | 0.23 |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 0.32 |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 0.15 |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | 0.55 |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 0.48 |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | 0.59 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 0.43 |
| Mar 31, 2021 | 0.43 |
| Dec 31, 2020 | 0.43 |
| Sep 30, 2020 | 0.44 |
| Jun 30, 2020 | 0.45 |
| Mar 31, 2020 | 0.45 |
| Dec 31, 2019 | 0.44 |
| Sep 30, 2019 | 0.44 |
| Jun 30, 2019 | 0.44 |
| Mar 31, 2019 | 0.45 |
| Dec 31, 2018 | 0.47 |
| Sep 30, 2018 | 0.45 |
| Jun 30, 2018 | 0.44 |
| Mar 31, 2018 | 0.45 |
| Dec 31, 2017 | 0.44 |
| Sep 30, 2017 | 0.45 |
| Jun 30, 2017 | 0.45 |
| Mar 31, 2017 | 0.44 |
| Dec 31, 2016 | 0.44 |
| Sep 30, 2016 | 0.45 |
| Jun 30, 2016 | 0.45 |
| Mar 31, 2016 | 0.44 |
| Dec 31, 2015 | 0.45 |
| Sep 30, 2015 | 0.40 |
| Jun 30, 2015 | 0.38 |
| Mar 31, 2015 | 0.37 |
| Dec 31, 2014 | 0.35 |
| Sep 30, 2014 | 0.34 |
| Jun 30, 2014 | 0.34 |
| Mar 31, 2014 | 0.29 |
| Dec 31, 2013 | 0.29 |
| Sep 30, 2013 | 0.29 |
| Jun 30, 2013 | 0.29 |
| Mar 31, 2013 | 0.28 |
| Dec 31, 2012 | 0.28 |
| Sep 30, 2012 | 0.27 |
| Jun 30, 2012 | 0.27 |
| Mar 31, 2012 | 0.27 |
| Dec 31, 2011 | 0.28 |
| Sep 30, 2011 | 0.29 |
| Jun 30, 2011 | -0.01 |
| Mar 31, 2011 | 0.22 |
| Dec 31, 2010 | 0.23 |
| Sep 30, 2010 | 0.16 |
| Jun 30, 2010 | 1.17 |
| Mar 31, 2010 | 1.17 |
| Dec 31, 2009 | 0.18 |
| Sep 30, 2009 | 0.18 |
| Jun 30, 2009 | 1.19 |
| Mar 31, 2009 | 0.25 |