Precision Drilling (PDS) Free Cash Flow (2009 - 2026)

Precision Drilling (PDS) reported Free Cash Flow of $93.5 million for Q1 2026, up 8.68% on a YoY basis from $86.0 million in Q1 2025, and down 37.2% quarter-over-quarter from $148.8 million in Q4 2025.

Precision Drilling (PDS) Free Cash Flow (2009 - 2026) Analysis & Trends

Precision Drilling has reported Free Cash Flow for 18 years, with the latest figure at $93.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow rose 8.68% year-over-year to $93.5 million; the trailing twelve-month figure through Mar 2026 stood at $492.3 million (down 2.56% YoY), and the FY2025 full-year result was $484.1 million, down 5.15% from the prior year.
  • Free Cash Flow for Q1 2026 stood at $93.5 million, down from $148.8 million in the prior quarter.
  • The five-year high for Free Cash Flow was $191.7 million in Q2 2023, with the low at -$22.8 million in Q1 2022.
  • Historically, Free Cash Flow has averaged $114.3 million across 5 years, with a median of $105.5 million in 2025.
  • Annual changes were most pronounced in 2022 — Free Cash Flow slumped 221.0% — and 2023, when it jumped 356.68%.
  • Precision Drilling's Free Cash Flow stood at $159.4 million in 2022, then gained by 14.66% to $182.8 million in 2023, then declined by 13.18% to $158.7 million in 2024, then decreased by 6.23% to $148.8 million in 2025, then slumped by 37.2% to $93.5 million in 2026.
  • The last three Free Cash Flow figures came in at $93.5 million (Q1 2026), $148.8 million (Q4 2025), and $105.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn 93.45 Mn
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn 169.44 Mn
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn 136.00 Mn
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn -52.77 Mn
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn -26.28 Mn
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn -35.00 Mn
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn -103.27 Mn
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn -51.62 Mn
9 Borr Drilling 1.40 Bn 1.16 Bn - 48.40 Mn
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn -25.90 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 93.45 Mn
Mar 31, 2026 93.45 Mn
Dec 31, 2025 148.81 Mn
Dec 31, 2025 148.81 Mn
Sep 30, 2025 105.50 Mn
Sep 30, 2025 105.50 Mn
Jun 30, 2025 144.54 Mn
Jun 30, 2025 144.54 Mn
Mar 31, 2025 85.99 Mn
Mar 31, 2025 85.99 Mn
Dec 31, 2024 158.70 Mn
Dec 31, 2024 158.70 Mn
Sep 30, 2024 105.17 Mn
Sep 30, 2024 105.17 Mn
Jun 30, 2024 155.37 Mn
Jun 30, 2024 155.37 Mn
Mar 31, 2024 89.85 Mn
Mar 31, 2024 89.85 Mn
Dec 31, 2023 182.78 Mn
Dec 31, 2023 182.78 Mn