Precision Drilling (PDS) Debt to Equity (2010 - 2026)
Precision Drilling (PDS) reported Debt to Equity of $0.3 for Q1 2026, down 38.79% quarter-over-quarter from $0.48 in Q4 2024.
Precision Drilling (PDS) Debt to Equity (2010 - 2026) Analysis & Trends
Precision Drilling has reported Debt to Equity for 16 years, with the latest figure at $0.3 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity changed N/A year-over-year to $0.3; the trailing twelve-month figure through Mar 2026 stood at $0.3 (changed N/A YoY), and the FY2024 full-year result was $0.48, down 17.06% from the prior year.
- Debt to Equity for Q1 2026 stood at $0.3, down from $0.48 in the prior quarter.
- The five-year high for Debt to Equity was $1.01 in Q3 2022, with the low at $0.3 in Q1 2026.
- Historically, Debt to Equity has averaged $0.72 across 4 years, with a median of $0.71 in 2023.
- The largest YoY upside for Debt to Equity was 8.56% in 2022 against a maximum downside of 99.9% in 2022.
- Precision Drilling's Debt to Equity stood at $0.88 in 2022, then plunged by 34.15% to $0.58 in 2023, then fell by 17.06% to $0.48 in 2024, then tumbled by 38.79% to $0.3 in 2026.
- The last three Debt to Equity figures came in at $0.3 (Q1 2026), $0.48 (Q4 2024), and $0.52 (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 0.30 |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 0.42 |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 0.64 |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | 0.39 |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 0.76 |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 0.22 |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | 2.27 |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 3.72 |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 1.93 |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 0.34 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.30 |
| Dec 31, 2024 | 0.48 |
| Jun 30, 2024 | 0.52 |
| Mar 31, 2024 | 0.57 |
| Dec 31, 2023 | 0.58 |
| Sep 30, 2023 | 0.70 |
| Jun 30, 2023 | 0.72 |
| Mar 31, 2023 | 0.87 |
| Dec 31, 2022 | 0.88 |
| Sep 30, 2022 | 1.01 |
| Jun 30, 2022 | 0.97 |
| Mar 31, 2022 | 0.99 |
| Dec 31, 2021 | 0.90 |
| Sep 30, 2021 | 0.93 |
| Jun 30, 2021 | 1,000.00 |
| Mar 31, 2021 | 1,000.00 |
| Dec 31, 2020 | 0.88 |
| Sep 30, 2020 | 0.93 |
| Jun 30, 2020 | 0.97 |
| Mar 31, 2020 | 0.97 |