Precision Drilling (PDS) Interest Expenses (2009 - 2026)
Precision Drilling posted quarterly Interest Expenses of $9.0 million for Q1 2026, down 17.97% year-on-year from $11.0 million in Q1 2025, and down 2.06% on a QoQ basis from $9.2 million in Q4 2025.
Precision Drilling (PDS) has 18 years of Interest Expenses data on file, last reported at $9.0 million in Q1 2026.
- For the quarter ending Q1 2026, Interest Expenses fell 17.97% year-over-year to $9.0 million; the trailing twelve-month figure through Mar 2026 stood at $38.9 million (down 19.47% YoY), and the FY2025 full-year result was $40.9 million, down 18.02% from the prior year.
- Interest Expenses for Q1 2026 stood at $9.0 million, down from $9.2 million in the prior quarter.
- Across five years, Interest Expenses topped out at $17.3 million in Q4 2022 and bottomed at $9.0 million in Q1 2026.
- The 5-year median for Interest Expenses is $13.6 million (2024), against an average of $13.5 million.
- Peak annual rise in Interest Expenses reached 5.77% in 2022, while the deepest fall reached 26.75% in 2022.
- A 5-year view of Interest Expenses shows it stood at $17.3 million in 2022, then dropped by 17.47% to $14.3 million in 2023, then fell by 18.5% to $11.7 million in 2024, then slipped by 21.07% to $9.2 million in 2025, then fell by 2.06% to $9.0 million in 2026.
- The last three Interest Expenses figures came in at $9.0 million (Q1 2026), $9.2 million (Q4 2025), and $10.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 9.01 Mn |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 40.56 Mn |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 276.00 Mn |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | 17.49 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 25.81 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 15.00 Mn |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | 34.67 Mn |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 43.76 Mn |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | -56.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.01 Mn |
| Mar 31, 2026 | 9.01 Mn |
| Dec 31, 2025 | 9.20 Mn |
| Dec 31, 2025 | 9.20 Mn |
| Sep 30, 2025 | 9.99 Mn |
| Sep 30, 2025 | 9.99 Mn |
| Jun 30, 2025 | 10.72 Mn |
| Jun 30, 2025 | 10.72 Mn |
| Mar 31, 2025 | 10.98 Mn |
| Mar 31, 2025 | 10.98 Mn |
| Dec 31, 2024 | 11.65 Mn |
| Dec 31, 2024 | 11.65 Mn |
| Sep 30, 2024 | 12.40 Mn |
| Sep 30, 2024 | 12.40 Mn |
| Jun 30, 2024 | 13.30 Mn |
| Jun 30, 2024 | 13.30 Mn |
| Mar 31, 2024 | 13.63 Mn |
| Mar 31, 2024 | 13.63 Mn |
| Dec 31, 2023 | 14.30 Mn |
| Dec 31, 2023 | 14.30 Mn |
| Sep 30, 2023 | 14.63 Mn |
| Sep 30, 2023 | 14.63 Mn |
| Jun 30, 2023 | 15.94 Mn |
| Jun 30, 2023 | 15.94 Mn |
| Mar 31, 2023 | 16.95 Mn |
| Mar 31, 2023 | 16.95 Mn |
| Dec 31, 2022 | 17.33 Mn |
| Dec 31, 2022 | 17.33 Mn |
| Sep 30, 2022 | 17.27 Mn |
| Sep 30, 2022 | 17.27 Mn |
| Jun 30, 2022 | 16.50 Mn |
| Jun 30, 2022 | 16.50 Mn |
| Mar 31, 2022 | 16.37 Mn |
| Mar 31, 2022 | 16.37 Mn |
| Dec 31, 2021 | 16.38 Mn |
| Dec 31, 2021 | 16.38 Mn |
| Sep 30, 2021 | 16.40 Mn |
| Sep 30, 2021 | 16.40 Mn |
| Jun 30, 2021 | 22.53 Mn |
| Jun 30, 2021 | 22.53 Mn |
| Mar 31, 2021 | 17.73 Mn |
| Mar 31, 2021 | 17.73 Mn |
| Dec 31, 2020 | 18.56 Mn |
| Dec 31, 2020 | 18.56 Mn |
| Sep 30, 2020 | 20.72 Mn |
| Sep 30, 2020 | 20.72 Mn |
| Jun 30, 2020 | 20.25 Mn |
| Jun 30, 2020 | 20.25 Mn |
| Mar 31, 2020 | 20.57 Mn |
| Mar 31, 2020 | 20.57 Mn |
| Dec 31, 2019 | 21.42 Mn |
| Dec 31, 2019 | 21.42 Mn |
| Sep 30, 2019 | 21.58 Mn |
| Sep 30, 2019 | 21.58 Mn |
| Jun 30, 2019 | 22.71 Mn |
| Jun 30, 2019 | 22.71 Mn |
| Mar 31, 2019 | 23.54 Mn |
| Mar 31, 2019 | 23.54 Mn |
| Dec 31, 2018 | 24.41 Mn |
| Dec 31, 2018 | 24.41 Mn |
| Sep 30, 2018 | 23.85 Mn |
| Sep 30, 2018 | 23.85 Mn |
| Jun 30, 2018 | 24.88 Mn |
| Jun 30, 2018 | 24.88 Mn |
| Mar 31, 2018 | 25.06 Mn |
| Mar 31, 2018 | 25.06 Mn |
| Dec 31, 2017 | 30.07 Mn |
| Dec 31, 2017 | 30.07 Mn |
| Sep 30, 2017 | 25.69 Mn |
| Sep 30, 2017 | 25.69 Mn |
| Jun 30, 2017 | 25.68 Mn |
| Jun 30, 2017 | 25.68 Mn |
| Mar 31, 2017 | 24.91 Mn |
| Mar 31, 2017 | 24.91 Mn |
| Dec 31, 2016 | 31.70 Mn |
| Dec 31, 2016 | 31.70 Mn |
| Sep 30, 2016 | 26.60 Mn |
| Sep 30, 2016 | 26.60 Mn |
| Jun 30, 2016 | 25.73 Mn |
| Jun 30, 2016 | 25.73 Mn |
| Mar 31, 2016 | 26.40 Mn |
| Mar 31, 2016 | 26.40 Mn |
| Dec 31, 2015 | 25.65 Mn |
| Dec 31, 2015 | 25.65 Mn |
| Sep 30, 2015 | 26.63 Mn |
| Sep 30, 2015 | 26.63 Mn |
| Jun 30, 2015 | 26.29 Mn |
| Jun 30, 2015 | 26.29 Mn |
| Mar 31, 2015 | 15.92 Mn |
| Mar 31, 2015 | 15.92 Mn |
| Dec 31, 2014 | 26.83 Mn |
| Dec 31, 2014 | 26.83 Mn |
| Sep 30, 2014 | 26.89 Mn |
| Sep 30, 2014 | 26.89 Mn |
| Jun 30, 2014 | 23.43 Mn |
| Jun 30, 2014 | 23.43 Mn |
| Mar 31, 2014 | 22.18 Mn |
| Mar 31, 2014 | 22.18 Mn |
| Dec 31, 2013 | 22.24 Mn |
| Dec 31, 2013 | 22.24 Mn |
| Sep 30, 2013 | 22.54 Mn |
| Sep 30, 2013 | 22.54 Mn |
| Jun 30, 2013 | 23.42 Mn |
| Jun 30, 2013 | 23.42 Mn |
| Mar 31, 2013 | 22.56 Mn |
| Mar 31, 2013 | 22.56 Mn |
| Dec 31, 2012 | 22.31 Mn |
| Dec 31, 2012 | 22.31 Mn |
| Sep 30, 2012 | 21.83 Mn |
| Sep 30, 2012 | 21.83 Mn |
| Jun 30, 2012 | 20.87 Mn |
| Jun 30, 2012 | 20.87 Mn |
| Mar 31, 2012 | 21.92 Mn |
| Mar 31, 2012 | 21.92 Mn |
| Dec 31, 2011 | 18.21 Mn |
| Dec 31, 2011 | 18.21 Mn |
| Sep 30, 2011 | 34.99 Mn |
| Sep 30, 2011 | 34.99 Mn |
| Jun 30, 2011 | 16.72 Mn |
| Jun 30, 2011 | 16.72 Mn |
| Mar 31, 2011 | 43.13 Mn |
| Mar 31, 2011 | 43.13 Mn |
| Dec 31, 2010 | 107.08 Mn |
| Dec 31, 2010 | 107.08 Mn |
| Sep 30, 2010 | 21.03 Mn |
| Sep 30, 2010 | 21.03 Mn |
| Jun 30, 2010 | 50.84 Mn |
| Jun 30, 2010 | 50.84 Mn |
| Mar 31, 2010 | 27.63 Mn |
| Mar 31, 2010 | 27.63 Mn |
| Dec 31, 2009 | 32.63 Mn |
| Dec 31, 2009 | 32.63 Mn |
| Sep 30, 2009 | 26.78 Mn |
| Sep 30, 2009 | 26.78 Mn |
| Jun 30, 2009 | 38.43 Mn |
| Jun 30, 2009 | 38.43 Mn |
| Mar 31, 2009 | 31.11 Mn |
| Mar 31, 2009 | 31.11 Mn |