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
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