Precision Drilling (PDS) FCF Margin (2009 - 2026)
Precision Drilling (PDS) reported FCF Margin of 24.36% for Q1 2026, down 50.0% on a YoY basis from 48.72% in Q1 2025, and down 43.83% quarter-over-quarter from 43.37% in Q4 2025.
Precision Drilling (PDS) FCF Margin (2009 - 2026) Analysis & Trends
Precision Drilling has reported FCF Margin for 18 years, with the latest figure at 24.36% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin fell 50.0% year-over-year to 24.36%; the trailing twelve-month figure through Mar 2026 stood at 36.3% (down 127.0% YoY), and the FY2025 full-year result was 36.69%, down 4.0% from the prior year.
- FCF Margin for Q1 2026 stood at 24.36%, down from 43.37% in the prior quarter.
- The five-year high for FCF Margin was 60.5% in Q2 2023, with the low at 8.22% in Q1 2022.
- Historically, FCF Margin has averaged 34.1% across 5 years, with a median of 31.41% in 2025.
- The largest YoY upside for FCF Margin was 2253 bps in 2022 against a maximum downside of 1831 bps in 2022.
- Precision Drilling's FCF Margin stood at 42.39% in 2022, then rose by 16 bps to 49.09% in 2023, then declined by 4 bps to 47.35% in 2024, then fell by 8 bps to 43.37% in 2025, then tumbled by 44 bps to 24.36% in 2026.
- The last three FCF Margin figures came in at 24.36% (Q1 2026), 43.37% (Q4 2025), and 31.41% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 24.36% |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 21.57% |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 12.58% |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | -4.72% |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | -2.82% |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | -9.78% |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | -8,125.41% |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | -6.59% |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 19.60% |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | -5.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 24.36% |
| Dec 31, 2025 | 43.37% |
| Sep 30, 2025 | 31.41% |
| Jun 30, 2025 | 49.25% |
| Mar 31, 2025 | 24.86% |
| Dec 31, 2024 | 47.35% |
| Sep 30, 2024 | 30.07% |
| Jun 30, 2024 | 49.51% |
| Mar 31, 2024 | 22.94% |
| Dec 31, 2023 | 49.09% |
| Sep 30, 2023 | 31.35% |
| Jun 30, 2023 | 60.50% |
| Mar 31, 2023 | 14.17% |
| Dec 31, 2022 | 42.39% |
| Sep 30, 2022 | 13.80% |
| Jun 30, 2022 | 53.56% |
| Mar 31, 2022 | -8.22% |
| Dec 31, 2021 | 29.63% |
| Sep 30, 2021 | 16.30% |
| Jun 30, 2021 | 31.03% |