Precision Drilling (PDS) Inventory Average (2009 - 2026)
Precision Drilling (PDS) reported Inventory Average of $37.0 million for Q1 2026, up 13.38% on a YoY basis from $32.6 million in Q1 2025, and up 7.65% quarter-over-quarter from $34.4 million in Q4 2025.
Precision Drilling (PDS) Inventory Average (2009 - 2026) Analysis & Trends
Precision Drilling has reported Inventory Average for 18 years, with the latest figure at $37.0 million in Q1 2026.
- For the quarter ending Q1 2026, Inventory Average rose 13.38% year-over-year to $37.0 million; the trailing twelve-month figure through Mar 2026 stood at $37.0 million (up 13.38% YoY), and the FY2025 full-year result was $33.3 million, up 15.44% from the prior year.
- Inventory Average for Q1 2026 stood at $37.0 million, up from $34.4 million in the prior quarter.
- The five-year high for Inventory Average was $37.0 million in Q1 2026, with the low at $19.0 million in Q1 2022.
- Historically, Inventory Average has averaged $28.0 million across 5 years, with a median of $27.2 million in 2023.
- Annual changes were most pronounced in 2022 — Inventory Average retreated 5.74% — and 2023, when it surged 39.07%.
- Precision Drilling's Inventory Average stood at $24.6 million in 2022, then rose by 5.9% to $26.0 million in 2023, then rose by 17.86% to $30.7 million in 2024, then gained by 12.06% to $34.4 million in 2025, then rose by 7.65% to $37.0 million in 2026.
- The last three Inventory Average figures came in at $37.0 million (Q1 2026), $34.4 million (Q4 2025), and $33.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 37.00 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | - |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 380.50 Mn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | 155.44 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 327.68 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | - |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | 9.19 Mn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 92.47 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | - |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 20.19 Mn |