Precision Drilling (PDS) FCF Margin (2009 - 2026)
Precision Drilling's (PDS) quarterly FCF Margin came in at 49.01% in Q2 2026, down 24.0% YoY from 64.49% in Q2 2025, and up 101.19% on a QoQ basis from 24.36% in Q1 2026.
Precision Drilling (PDS) FCF Margin (2009 - 2026) Analysis & Trends
Precision Drilling (PDS) has 18 years of FCF Margin data on file, last reported at 49.01% in Q2 2026.
- Quarterly FCF Margin fell 24.0% year-over-year to 49.01% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 36.56% (down 77.0% YoY) and the FY2025 annual result came in at 4.51%, down 2641.0% from the prior year.
- FCF Margin advanced to 49.01% in Q2 2026, from 24.36% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 60.5% in Q2 2023 to a low of 6.49% in Q1 2022.
- A 5-year average of 35.03% and a median of 36.9% in 2022 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2022 — FCF Margin jumped 4538 bps — and 2024, when it plunged 1099 bps.
- Tracing PDS's FCF Margin over 5 years: 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 grew by 13 bps to 49.01% in 2026.
- The last three FCF Margin figures came in at 49.01% (Q2 2026), 24.36% (Q1 2026), and 43.37% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | -8.39% |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 21.95% |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | -8.13% |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 8.11% |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | -9.58% |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | -12.96% |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | 1.18% |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 49.01% |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | -17.14% |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | -16.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 49.01% |
| 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 | -6.49% |
| Dec 31, 2021 | 29.63% |
| Sep 30, 2021 | 7.68% |