Precision Drilling (PDS) Equity Ratio (2010 - 2026)
Precision Drilling (PDS) reported Equity Ratio of 0.82 for Q1 2026, up 43.6% quarter-over-quarter from 0.57 in Q4 2024.
Precision Drilling (PDS) Equity Ratio (2010 - 2026) Analysis & Trends
Precision Drilling has reported Equity Ratio for 16 years, with the latest figure at 0.82 in Q1 2026.
- For the quarter ending Q1 2026, Equity Ratio changed N/A year-over-year to 0.82; the trailing twelve-month figure through Mar 2026 stood at 0.82 (changed N/A YoY), and the FY2024 full-year result was 0.57, up 9.01% from the prior year.
- Equity Ratio for Q1 2026 stood at 0.82, up from 0.57 in the prior quarter.
- The five-year high for Equity Ratio was 0.82 in Q1 2026, with the low at 0.42 in Q3 2022.
- Historically, Equity Ratio has averaged 0.52 across 4 years, with a median of 0.49 in 2023.
- The largest YoY upside for Equity Ratio was 103828.8% in 2022 against a maximum downside of 8.64% in 2022.
- Precision Drilling's Equity Ratio stood at 0.43 in 2022, then gained by 21.99% to 0.52 in 2023, then climbed by 9.01% to 0.57 in 2024, then surged by 43.6% to 0.82 in 2026.
- The last three Equity Ratio figures came in at 0.82 (Q1 2026), 0.57 (Q4 2024), and 0.56 (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 0.82 |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 0.61 |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 0.54 |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | 0.59 |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 0.42 |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 0.71 |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | 0.24 |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 0.13 |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 0.31 |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 0.59 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.82 |
| Dec 31, 2024 | 0.57 |
| Jun 30, 2024 | 0.56 |
| Mar 31, 2024 | 0.55 |
| Dec 31, 2023 | 0.52 |
| Sep 30, 2023 | 0.49 |
| Jun 30, 2023 | 0.49 |
| Mar 31, 2023 | 0.46 |
| Dec 31, 2022 | 0.43 |
| Sep 30, 2022 | 0.42 |
| Jun 30, 2022 | 0.44 |
| Mar 31, 2022 | 0.44 |
| Dec 31, 2021 | 0.46 |
| Sep 30, 2021 | 0.46 |
| Jun 30, 2021 | 0.00 |
| Mar 31, 2021 | 0.00 |
| Dec 31, 2020 | 0.49 |
| Sep 30, 2020 | 0.48 |
| Jun 30, 2020 | 0.47 |
| Mar 31, 2020 | 0.46 |