Precision Drilling (PDS) Interest Coverage Ratio (2009 - 2026)
Precision Drilling's (PDS) Interest Coverage Ratio came in at 10.06 for Q3 2026, up 17.6% from 8.55 a year earlier and up 27.5% from the prior quarter.
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Analysis
Precision Drilling (PDS) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Interest Coverage Ratio at Precision Drilling was 9.46, up 18.7% year-over-year; for FY2025, it was 8.56, up 14.6% from FY2024.
- Annual Interest Coverage Ratio has increased for four consecutive years.
- In prior years, Precision Drilling's Interest Coverage Ratio was 7.47 in FY2024 (+2.0%), 7.33 in FY2023 (+106.5%), 3.55 in FY2022 (+68.3%) and 2.11 in FY2021.
- The Q3 2026 figure stands as the highest quarterly Interest Coverage Ratio in data going back to Q1 2009.
- On a year-over-year basis, Interest Coverage Ratio has increased in each of the last seven quarters, with growth averaging 12.2% over the last eight quarters.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q1 2023, with growth of 398.7%; the weakest was Q1 2022, with a decline of 26.8%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 7.89 (Q2 2026), 10.03 (Q1 2026) and 9.85 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn | 8.56 |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn | 8.47 |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn | - |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn | 42.47 |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn | 1.72 |
| 6 | Nov | 6.45 Bn | 1.39 Bn | 439.00 Mn | - |
| 7 | Weatherford International | 6.27 Bn | 2.04 Bn | 374.00 Mn | - |
| 8 | Transocean | 6.19 Bn | 4.23 Bn | 348.00 Mn | 1.07 |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn | - |
| 10 | Precision Drilling | 1.32 Bn | 1.17 Bn | 111.41 Mn | 10.06 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.06 |
| Jun 30, 2026 | 7.89 |
| 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 | 3.09 |
API Access
Precision Drilling Interest Coverage Ratio 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=interest-coverage-ratio&ticker=PDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=PDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();