Precision Drilling PDS
NYSE PDS
$88.82 -2.99 (-3.26%)
As of: Oct 22, 2026 · 12:02 PM EDT

Precision Drilling (PDS) Gross Margin (2009 - 2026)

Updated

Precision Drilling's Gross Margin came in at 34.36% for FY2024, down 3.48 percentage points from 37.84% in FY2023.

Analysis

Precision Drilling (PDS) Gross Margin (2009 - 2026) Analysis & Trends

Going back to FY2017, Precision Drilling's Gross Margin data covers 7 years.

  • Gross Margin carries a five-year change of +1.77 percentage points (FY2019 to FY2024).
  • The five-year range for annual Gross Margin is 30.46% (FY2022) to 37.84% (FY2023).
  • Per Business Quant, earlier years put Gross Margin at 37.84% in FY2023 (+7.38 pp), 30.46% in FY2022 and 37.65% in FY2020 (+5.06 pp).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Slb 73.13 Bn 69.06 Bn 1.40 Bn 15.55%
2 Baker Hughes 52.73 Bn 15.84 Bn 1.58 Bn 23.46%
3 Halliburton 27.25 Bn 18.97 Bn 804.00 Mn 14.07%
4 TechnipFMC 25.87 Bn 22.01 Bn 684.70 Mn 24.78%
5 Noble 6.79 Bn 4.72 Bn 239.27 Mn 33.25%
6 Nov 6.67 Bn 1.40 Bn 521.00 Mn 24.41%
7 Transocean 6.62 Bn 4.33 Bn 358.00 Mn 37.06%
8 Valaris 6.23 Bn 3.84 Bn 123.70 Mn 22.94%
9 Weatherford International 5.79 Bn 1.73 Bn 333.00 Mn 30.14%
10 Precision Drilling 1.18 Bn 1.01 Bn 89.29 Mn 27.28%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 27.28%
Mar 31, 2026 31.50%
Dec 31, 2025 32.50%
Sep 30, 2025 32.11%
Jun 30, 2025 32.68%
Mar 31, 2025 33.70%
Dec 31, 2024 33.29%
Sep 30, 2024 34.72%
Jun 30, 2024 33.50%
Mar 31, 2024 35.67%
Dec 31, 2023 37.56%
Sep 30, 2023 35.53%
Jun 30, 2023 38.87%
Mar 31, 2023 39.16%
Dec 31, 2022 33.36%
Sep 30, 2022 33.65%
Jun 30, 2022 26.21%
Mar 31, 2022 26.29%
Dec 31, 2021 28.14%
Sep 30, 2021 27.34%
API Access

Precision Drilling Gross Margin API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=gross-margin&ticker=PDS&period=max&api_key=YOUR_API_KEY