Precision Drilling (PDS) Intangibles (2009 - 2026)
Precision Drilling's Intangibles was $5.56 million in Q2 2026, down 31.5% from $8.11 million a year earlier and down 11.1% from the prior quarter.
Precision Drilling (PDS) Intangibles (2009 - 2026) Analysis & Trends
At the end of FY2025, Intangibles at Precision Drilling came in at $6.78 million, down 28.6% from FY2024.
- Intangibles has now declined for seven consecutive years, with a five-year compound annual growth rate of -20.0% (FY2020 to FY2025).
- In earlier years, Intangibles was $9.49 million in FY2024 (-26.0%), $12.83 million in FY2023 (-14.8%), $15.06 million in FY2022 (-21.1%) and $19.08 million in FY2021 (-7.6%).
- The Q2 2026 figure marks the lowest quarterly Intangibles since Q1 2017.
- Compared with a year earlier, Intangibles has declined for 30 straight quarters, with an average decline of 28.0% over the last eight quarters.
- Over the past five years, the year-over-year decline in Intangibles ranged from 7.9% (Q3 2021) to 34.1% (Q3 2025).
- Per Business Quant data, PDS's Intangibles in the three quarters before Q2 2026 was $6.26 million (Q1 2026), $6.79 million (Q4 2025) and $7.52 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 4.88 Bn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 4.00 Bn |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 381.10 Mn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | - |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 438.00 Mn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | - |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | - |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 265.00 Mn |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | - |
| 10 | Precision Drilling | 1.07 Bn | 908.98 Mn | - | 5.56 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.56 Mn |
| Mar 31, 2026 | 6.26 Mn |
| Dec 31, 2025 | 6.79 Mn |
| Sep 30, 2025 | 7.52 Mn |
| Jun 30, 2025 | 8.11 Mn |
| Mar 31, 2025 | 9.43 Mn |
| Dec 31, 2024 | 9.30 Mn |
| Sep 30, 2024 | 11.41 Mn |
| Jun 30, 2024 | 12.18 Mn |
| Mar 31, 2024 | 12.15 Mn |
| Dec 31, 2023 | 12.71 Mn |
| Sep 30, 2023 | 13.46 Mn |
| Jun 30, 2023 | 13.57 Mn |
| Mar 31, 2023 | 13.72 Mn |
| Dec 31, 2022 | 14.42 Mn |
| Sep 30, 2022 | 15.80 Mn |
| Jun 30, 2022 | 17.00 Mn |
| Mar 31, 2022 | 17.96 Mn |
| Dec 31, 2021 | 18.97 Mn |
| Sep 30, 2021 | 19.93 Mn |
Precision Drilling Intangibles 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=intangibles&ticker=PDS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=PDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();