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| 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 |