Precision Drilling (PDS) Debt to Equity (2009 - 2026)
Precision Drilling posted quarterly Debt to Equity of $0.3 for Q1 2026, down 38.79% on a QoQ basis from $0.48 in Q4 2024.
Precision Drilling (PDS) has 17 years of Debt to Equity data on file, last reported 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.
- Across five years, Debt to Equity topped out at $1.01 in Q3 2022 and bottomed at $0.3 in Q1 2026.
- The 4-year median for Debt to Equity is $0.71 (2023), against an average of $0.72.
- Peak annual rise in Debt to Equity reached 2.27% in 2022, while the deepest fall reached 99.98% in 2022.
- A 4-year view of Debt to Equity shows it stood at $0.88 in 2022, then tumbled by 34.15% to $0.58 in 2023, then retreated by 17.06% to $0.48 in 2024, then slumped 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 | 157.47 Bn | 157.41 Bn | 120.82 Mn | 0.30 |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 0.42 |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 0.64 |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | 0.39 |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 0.76 |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 0.22 |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | 2.27 |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 3.72 |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | 1.76 |
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 | 5,714.30 |
| 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 |
| Dec 31, 2019 | 0.93 |
| Sep 30, 2019 | 0.97 |
| Jun 30, 2019 | 0.97 |
| Mar 31, 2019 | 1.05 |
| Dec 31, 2018 | 1.10 |
| Sep 30, 2018 | 0.98 |
| Jun 30, 2018 | 0.97 |
| Mar 31, 2018 | 0.99 |
| Dec 31, 2017 | 0.96 |
| Sep 30, 2017 | 0.96 |
| Jun 30, 2017 | 0.97 |
| Mar 31, 2017 | 0.98 |
| Dec 31, 2016 | 0.97 |
| Sep 30, 2016 | 1.01 |
| Jun 30, 2016 | 1.01 |
| Mar 31, 2016 | 0.98 |
| Dec 31, 2015 | 1.03 |
| Sep 30, 2015 | 0.89 |
| Jun 30, 2015 | 0.81 |
| Mar 31, 2015 | 0.81 |
| Dec 31, 2014 | 0.76 |
| Sep 30, 2014 | 0.71 |
| Jun 30, 2014 | 0.70 |
| Mar 31, 2014 | 0.54 |
| Dec 31, 2013 | 0.55 |
| Sep 30, 2013 | 0.56 |
| Jun 30, 2013 | 0.56 |
| Mar 31, 2013 | 35.35 |
| Dec 31, 2012 | 0.56 |
| Sep 30, 2012 | 0.53 |
| Jun 30, 2012 | 0.55 |
| Mar 31, 2012 | 0.55 |
| Dec 31, 2011 | 0.58 |
| Sep 30, 2011 | 0.59 |
| Jun 30, 2011 | -0.01 |
| Dec 31, 2010 | 0.42 |
| Jun 30, 2010 | 1.93 |
| Mar 31, 2010 | 1.84 |
| Dec 31, 2009 | 0.27 |
| Jun 30, 2009 | 2.27 |
| Mar 31, 2009 | 0.48 |