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
DateValue
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