Growth Metrics

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

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DateValue
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