Precision Drilling (PDS) Inventory Average (2009 - 2026)
Precision Drilling's (PDS) quarterly Inventory Average came in at $39.2 million in Q2 2026, up 16.56% on a YoY basis from $33.6 million in Q2 2025, and up 5.96% quarter-over-quarter from $37.0 million in Q1 2026.
Analysis
Precision Drilling (PDS) Inventory Average (2009 - 2026) Analysis & Trends
Precision Drilling (PDS) has reported Inventory Average for 18 consecutive years, with $39.2 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Inventory Average rose 16.56% year-over-year to $39.2 million; the trailing twelve-month figure through Jun 2026 stood at $39.2 million (up 16.56% YoY), and the FY2025 full-year result was $33.3 million, up 15.44% from the prior year.
- Inventory Average rose to $39.2 million in Q2 2026 per PDS's latest filing, from $37.0 million in the prior quarter.
- Across five years, Inventory Average topped out at $39.2 million in Q2 2026 and bottomed at $19.0 million in Q1 2022.
- Historically, Inventory Average has averaged $28.7 million across 5 years, with a median of $27.3 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Inventory Average fell 5.74% in 2022, then soared 39.07% in 2023.
- Over 5 years, Inventory Average stood at $24.6 million in 2022, then gained by 5.9% to $26.0 million in 2023, then advanced by 17.86% to $30.7 million in 2024, then increased by 12.06% to $34.4 million in 2025, then rose by 14.07% to $39.2 million in 2026.
- According to Business Quant data, Inventory Average over the past three periods registered $39.2 million, $37.0 million, and $34.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Patterson Uti Energy | 4.74 Bn | 4.54 Bn | 597.25 Mn | 145.67 Mn |
| 2 | Helmerich & Payne | 4.43 Bn | 4.29 Bn | 349.94 Mn | 328.17 Mn |
| 3 | Nabors Industries | 1.45 Bn | 1.44 Bn | 309.38 Mn | 89.01 Mn |
| 4 | Precision Drilling | 1.16 Bn | 1.12 Bn | 89.29 Mn | 39.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 39.21 Mn |
| Mar 31, 2026 | 37.00 Mn |
| Dec 31, 2025 | 34.37 Mn |
| Sep 30, 2025 | 33.30 Mn |
| Jun 30, 2025 | 33.63 Mn |
| Mar 31, 2025 | 32.63 Mn |
| Dec 31, 2024 | 30.67 Mn |
| Sep 30, 2024 | 29.23 Mn |
| Jun 30, 2024 | 27.42 Mn |
| Mar 31, 2024 | 26.32 Mn |
| Dec 31, 2023 | 26.02 Mn |
| Sep 30, 2023 | 26.72 Mn |
| Jun 30, 2023 | 27.17 Mn |
| Mar 31, 2023 | 26.47 Mn |
| Dec 31, 2022 | 24.57 Mn |
| Sep 30, 2022 | 22.03 Mn |
| Jun 30, 2022 | 20.15 Mn |
| Mar 31, 2022 | 19.04 Mn |
| Dec 31, 2021 | 19.53 Mn |
| Sep 30, 2021 | 20.31 Mn |