Precision Drilling (PDS) Free Cash Flow (2009 - 2026)
Precision Drilling posted quarterly Free Cash Flow of $93.5 million for Q1 2026, up 8.68% year-on-year from $86.0 million in Q1 2025, and down 37.2% on a QoQ basis from $148.8 million in Q4 2025.
Precision Drilling (PDS) has 18 years of Free Cash Flow data on file, last reported 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 3.22% from the prior year.
- Free Cash Flow for Q1 2026 stood at $93.5 million, down from $148.8 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $191.7 million in Q2 2023 and bottomed at -$22.8 million in Q1 2022.
- The 5-year median for Free Cash Flow is $105.5 million (2025), against an average of $110.1 million.
- The widest annual swing landed in 2022, when Free Cash Flow plunged 221.0%; it then jumped 356.68% in 2023.
- A 5-year view of Free Cash Flow shows it stood at $159.4 million in 2022, then advanced by 14.66% to $182.8 million in 2023, then fell by 13.18% to $158.7 million in 2024, then slipped by 6.23% to $148.8 million in 2025, then sank 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 | 157.47 Bn | 157.41 Bn | 120.82 Mn | 93.45 Mn |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 169.44 Mn |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 136.00 Mn |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | -52.77 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | -26.28 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | -35.00 Mn |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | -103.27 Mn |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | -51.62 Mn |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | 35.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Sep 30, 2023 | 31.93 Mn |
| Sep 30, 2023 | 31.93 Mn |
| Jun 30, 2023 | 191.69 Mn |
| Jun 30, 2023 | 191.69 Mn |
| Mar 31, 2023 | 58.55 Mn |
| Mar 31, 2023 | 58.55 Mn |
| Dec 31, 2022 | 159.42 Mn |
| Dec 31, 2022 | 159.42 Mn |
| Sep 30, 2022 | 45.43 Mn |
| Sep 30, 2022 | 45.43 Mn |
| Jun 30, 2022 | 136.95 Mn |
| Jun 30, 2022 | 136.95 Mn |
| Mar 31, 2022 | -22.81 Mn |
| Mar 31, 2022 | -22.81 Mn |
| Dec 31, 2021 | 69.39 Mn |
| Dec 31, 2021 | 69.39 Mn |
| Sep 30, 2021 | 32.87 Mn |
| Sep 30, 2021 | 32.87 Mn |
| Jun 30, 2021 | 50.82 Mn |
| Jun 30, 2021 | 50.82 Mn |
| Mar 31, 2021 | 18.85 Mn |
| Mar 31, 2021 | 18.85 Mn |
| Dec 31, 2020 | 17.57 Mn |
| Dec 31, 2020 | 17.57 Mn |
| Sep 30, 2020 | 2.41 Mn |
| Sep 30, 2020 | 2.41 Mn |
| Jun 30, 2020 | 17.26 Mn |
| Jun 30, 2020 | 17.26 Mn |
| Mar 31, 2020 | 8.57 Mn |
| Mar 31, 2020 | 8.57 Mn |
| Dec 31, 2019 | 16.32 Mn |
| Dec 31, 2019 | 16.32 Mn |
| Sep 30, 2019 | 18.12 Mn |
| Sep 30, 2019 | 18.12 Mn |
| Jun 30, 2019 | 32.49 Mn |
| Jun 30, 2019 | 32.49 Mn |
| Mar 31, 2019 | 53.36 Mn |
| Mar 31, 2019 | 53.36 Mn |
| Dec 31, 2018 | 93.25 Mn |
| Dec 31, 2018 | 93.25 Mn |
| Sep 30, 2018 | 21.70 Mn |
| Sep 30, 2018 | 21.70 Mn |
| Jun 30, 2018 | 26.61 Mn |
| Jun 30, 2018 | 26.61 Mn |
| Mar 31, 2018 | 17.64 Mn |
| Mar 31, 2018 | 17.64 Mn |
| Dec 31, 2017 | 32.11 Mn |
| Dec 31, 2017 | 32.11 Mn |
| Sep 30, 2017 | 12.57 Mn |
| Sep 30, 2017 | 12.57 Mn |
| Jun 30, 2017 | 15.72 Mn |
| Jun 30, 2017 | 15.72 Mn |
| Mar 31, 2017 | 15.43 Mn |
| Mar 31, 2017 | 15.43 Mn |
| Dec 31, 2016 | 33.53 Mn |
| Dec 31, 2016 | 33.53 Mn |
| Sep 30, 2016 | 59.96 Mn |
| Sep 30, 2016 | 59.96 Mn |
| Jun 30, 2016 | 41.45 Mn |
| Jun 30, 2016 | 41.45 Mn |
| Mar 31, 2016 | 19.79 Mn |
| Mar 31, 2016 | 19.79 Mn |
| Dec 31, 2015 | 49.64 Mn |
| Dec 31, 2015 | 49.64 Mn |
| Sep 30, 2015 | 41.03 Mn |
| Sep 30, 2015 | 41.03 Mn |
| Jun 30, 2015 | 91.88 Mn |
| Jun 30, 2015 | 91.88 Mn |
| Mar 31, 2015 | 182.63 Mn |
| Mar 31, 2015 | 182.63 Mn |
| Dec 31, 2014 | 297.89 Mn |
| Dec 31, 2014 | 297.89 Mn |
| Sep 30, 2014 | 218.49 Mn |
| Sep 30, 2014 | 218.49 Mn |
| Jun 30, 2014 | 160.26 Mn |
| Jun 30, 2014 | 160.26 Mn |
| Mar 31, 2014 | 96.24 Mn |
| Mar 31, 2014 | 96.24 Mn |
| Dec 31, 2013 | 117.30 Mn |
| Dec 31, 2013 | 117.30 Mn |
| Sep 30, 2013 | 140.46 Mn |
| Sep 30, 2013 | 140.46 Mn |
| Jun 30, 2013 | 133.22 Mn |
| Jun 30, 2013 | 133.22 Mn |
| Mar 31, 2013 | 129.69 Mn |
| Mar 31, 2013 | 129.69 Mn |
| Dec 31, 2012 | 325.94 Mn |
| Dec 31, 2012 | 325.94 Mn |
| Sep 30, 2012 | -173.16 Mn |
| Sep 30, 2012 | -173.16 Mn |
| Jun 30, 2012 | 491.83 Mn |
| Jun 30, 2012 | 491.83 Mn |
| Mar 31, 2012 | -54.09 Mn |
| Mar 31, 2012 | -54.09 Mn |
| Dec 31, 2011 | -99.50 Mn |
| Dec 31, 2011 | -99.50 Mn |
| Sep 30, 2011 | -199.09 Mn |
| Sep 30, 2011 | -199.09 Mn |
| Jun 30, 2011 | 67.97 Mn |
| Jun 30, 2011 | 67.97 Mn |
| Mar 31, 2011 | 54.01 Mn |
| Mar 31, 2011 | 54.01 Mn |
| Dec 31, 2010 | 183.57 Mn |
| Dec 31, 2010 | 183.57 Mn |
| Sep 30, 2010 | 32.59 Mn |
| Sep 30, 2010 | 32.59 Mn |
| Jun 30, 2010 | 124.04 Mn |
| Jun 30, 2010 | 124.04 Mn |
| Mar 31, 2010 | 27.03 Mn |
| Mar 31, 2010 | 27.03 Mn |
| Dec 31, 2009 | 80.15 Mn |
| Dec 31, 2009 | 80.15 Mn |
| Sep 30, 2009 | 5.24 Mn |
| Sep 30, 2009 | 5.24 Mn |
| Jun 30, 2009 | 259.31 Mn |
| Jun 30, 2009 | 259.31 Mn |
| Mar 31, 2009 | 106.70 Mn |
| Mar 31, 2009 | 106.70 Mn |