Precision Drilling (PDS) Gross Margin (2009 - 2026)
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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "PDS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=PDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();