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
DateValue
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