Precision Drilling (PDS) Inventory (2009 - 2026)
Precision Drilling (PDS) posted Inventory of $39.97 million for Q3 2026, up 20.3% from $33.24 million a year earlier and up 3.8% from the prior quarter.
Precision Drilling (PDS) Inventory (2009 - 2026) Analysis & Trends
At the end of FY2025, Precision Drilling's Inventory came in at $35.77 million, up 18.6% from FY2024.
- Annual Inventory has increased for four consecutive years, with a five-year compound annual growth rate of 11.7% (FY2020 to FY2025).
- In prior years, Precision Drilling's Inventory was $30.17 million in FY2024 (+13.2%), $26.66 million in FY2023 (+2.8%), $25.94 million in FY2022 (+41.1%) and $18.38 million in FY2021 (-10.8%).
- The Q3 2026 figure stands as the highest quarterly Inventory in data going back to Q1 2009.
- On a year-over-year basis, Inventory has increased in each of the last ten quarters, with growth averaging 16.9% over the last eight quarters.
- The strongest year-over-year quarter for Inventory in the past five years was Q4 2022, with growth of 41.1%; the weakest was Q4 2021, with a decline of 10.8%.
- According to Business Quant data, Inventory for the three prior quarters was $38.5 million (Q2 2026), $38.27 million (Q1 2026) and $35.77 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn | 5.52 Bn |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn | 5.98 Bn |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn | 3.27 Bn |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn | 1.24 Bn |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn | - |
| 6 | Nov | 6.45 Bn | 1.39 Bn | 439.00 Mn | 1.96 Bn |
| 7 | Weatherford International | 6.27 Bn | 2.04 Bn | 374.00 Mn | 861.00 Mn |
| 8 | Transocean | 6.19 Bn | 4.23 Bn | 348.00 Mn | 371.00 Mn |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn | - |
| 10 | Precision Drilling | 1.32 Bn | 1.17 Bn | 111.41 Mn | 39.97 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 39.97 Mn |
| Jun 30, 2026 | 38.50 Mn |
| Mar 31, 2026 | 38.27 Mn |
| Dec 31, 2025 | 35.77 Mn |
| Sep 30, 2025 | 33.24 Mn |
| Jun 30, 2025 | 33.42 Mn |
| Mar 31, 2025 | 34.37 Mn |
| Dec 31, 2024 | 30.17 Mn |
| Sep 30, 2024 | 30.65 Mn |
| Jun 30, 2024 | 28.07 Mn |
| Mar 31, 2024 | 26.61 Mn |
| Dec 31, 2023 | 26.66 Mn |
| Sep 30, 2023 | 25.98 Mn |
| Jun 30, 2023 | 27.67 Mn |
| Mar 31, 2023 | 27.04 Mn |
| Dec 31, 2022 | 25.94 Mn |
| Sep 30, 2022 | 22.17 Mn |
| Jun 30, 2022 | 20.61 Mn |
| Mar 31, 2022 | 19.77 Mn |
| Dec 31, 2021 | 18.38 Mn |
Precision Drilling Inventory 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=inventory&ticker=PDS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "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=inventory&ticker=PDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();