Precision Drilling (PDS) Interest Coverage Ratio (2009 - 2026)
Precision Drilling posted quarterly Interest Coverage Ratio of 10.03 for Q1 2026, up 14.98% year-on-year from 8.72 in Q1 2025, and up 1.82% on a QoQ basis from 9.85 in Q4 2025.
Precision Drilling (PDS) has 18 years of Interest Coverage Ratio data on file, last reported at 10.03 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio rose 14.98% year-over-year to 10.03; the trailing twelve-month figure through Mar 2026 stood at 8.85 (up 15.41% YoY), and the FY2025 full-year result was 8.56, up 14.56% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 10.03, up from 9.85 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 10.03 in Q1 2026 and bottomed at 1.78 in Q1 2022.
- The 5-year median for Interest Coverage Ratio is 7.4 (2024), against an average of 6.91.
- The widest annual swing landed in 2022, when Interest Coverage Ratio jumped 1697.81%; it then fell 12.11% in 2024.
- A 5-year view of Interest Coverage Ratio shows it stood at 3.87 in 2022, then jumped by 100.57% to 7.77 in 2023, then declined by 4.7% to 7.4 in 2024, then surged by 33.08% to 9.85 in 2025, then increased by 1.82% to 10.03 in 2026.
- The last three Interest Coverage Ratio figures came in at 10.03 (Q1 2026), 9.85 (Q4 2025), and 8.55 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 10.03 |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 5.56 |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 1.04 |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | -0.82 |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | -1.43 |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 1.60 |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | -3.43 |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | -10.86 |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | -1.19 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.03 |
| Dec 31, 2025 | 9.85 |
| Sep 30, 2025 | 8.55 |
| Jun 30, 2025 | 7.28 |
| Mar 31, 2025 | 8.72 |
| Dec 31, 2024 | 7.40 |
| Sep 30, 2024 | 8.42 |
| Jun 30, 2024 | 6.33 |
| Mar 31, 2024 | 7.79 |
| Dec 31, 2023 | 7.77 |
| Sep 30, 2023 | 5.84 |
| Jun 30, 2023 | 6.64 |
| Mar 31, 2023 | 8.87 |
| Dec 31, 2022 | 3.87 |
| Sep 30, 2022 | 5.31 |
| Jun 30, 2022 | 3.05 |
| Mar 31, 2022 | 1.78 |
| Dec 31, 2021 | -0.24 |
| Sep 30, 2021 | -1.01 |
| Jun 30, 2021 | -1.44 |
| Mar 31, 2021 | -0.69 |
| Dec 31, 2020 | -0.73 |
| Sep 30, 2020 | -0.97 |
| Jun 30, 2020 | -0.68 |
| Mar 31, 2020 | 0.82 |
| Dec 31, 2019 | 0.27 |
| Sep 30, 2019 | 0.68 |
| Jun 30, 2019 | 0.18 |
| Mar 31, 2019 | 1.98 |
| Dec 31, 2018 | -5.34 |
| Sep 30, 2018 | -0.31 |
| Jun 30, 2018 | 0.10 |
| Mar 31, 2018 | 0.32 |
| Dec 31, 2017 | -0.49 |
| Sep 30, 2017 | -0.54 |
| Jun 30, 2017 | -0.52 |
| Mar 31, 2017 | -0.39 |
| Dec 31, 2016 | -0.71 |
| Sep 30, 2016 | -0.99 |
| Jun 30, 2016 | -2.24 |
| Mar 31, 2016 | 0.11 |
| Dec 31, 2015 | -11.19 |
| Sep 30, 2015 | -2.70 |
| Jun 30, 2015 | -0.98 |
| Mar 31, 2015 | 2.40 |
| Dec 31, 2014 | -0.73 |
| Sep 30, 2014 | 3.14 |
| Jun 30, 2014 | 0.93 |
| Mar 31, 2014 | 5.39 |
| Dec 31, 2013 | 4.61 |
| Sep 30, 2013 | 2.23 |
| Jun 30, 2013 | 0.65 |
| Mar 31, 2013 | 5.78 |
| Dec 31, 2012 | -4.74 |
| Sep 30, 2012 | 3.42 |
| Jun 30, 2012 | 1.45 |
| Mar 31, 2012 | 7.78 |
| Dec 31, 2011 | 2.35 |
| Sep 30, 2011 | 3.56 |
| Jun 30, 2011 | 2.47 |
| Mar 31, 2011 | 2.89 |
| Dec 31, 2010 | 0.79 |
| Sep 30, 2010 | 0.47 |
| Jun 30, 2010 | 0.00 |
| Mar 31, 2010 | 2.27 |
| Dec 31, 2009 | -0.31 |
| Sep 30, 2009 | 2.06 |
| Jun 30, 2009 | 0.02 |
| Mar 31, 2009 | 3.05 |