Precision Drilling (PDS) Interest Expenses (2009 - 2026)
Precision Drilling (PDS) reported Interest Expenses of $9.0 million for Q1 2026, down 17.97% on a YoY basis from $11.0 million in Q1 2025, and down 2.06% quarter-over-quarter from $9.2 million in Q4 2025.
Precision Drilling (PDS) Interest Expenses (2009 - 2026) Analysis & Trends
Precision Drilling has reported Interest Expenses for 18 years, with the latest figure 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 19.65% from the prior year.
- Interest Expenses for Q1 2026 stood at $9.0 million, down from $9.2 million in the prior quarter.
- The five-year high for Interest Expenses was $17.3 million in Q4 2022, with the low at $9.0 million in Q1 2026.
- Historically, Interest Expenses has averaged $13.5 million across 5 years, with a median of $13.6 million in 2024.
- The largest YoY upside for Interest Expenses was 5.77% in 2022 against a maximum downside of 26.75% in 2022.
- Precision Drilling's Interest Expenses stood at $17.3 million in 2022, then slipped by 17.47% to $14.3 million in 2023, then declined by 18.5% to $11.7 million in 2024, then decreased by 21.07% to $9.2 million in 2025, then declined 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) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 9.01 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 40.56 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 276.00 Mn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | 17.49 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 25.81 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 15.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | 34.67 Mn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 43.76 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | -63.20 Mn |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 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 |