Precision Drilling (PDS) Inventory Average (2009 - 2026)
Precision Drilling posted quarterly Inventory Average of $37.0 million for Q1 2026, up 13.38% year-on-year from $32.6 million in Q1 2025, and up 7.65% on a QoQ basis from $34.4 million in Q4 2025.
Precision Drilling (PDS) has 18 years of Inventory Average data on file, last reported 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 $33.0 million, up 16.09% from the prior year.
- Inventory Average for Q1 2026 stood at $37.0 million, up from $34.4 million in the prior quarter.
- Across five years, Inventory Average topped out at $37.0 million in Q1 2026 and bottomed at $19.0 million in Q1 2022.
- The 5-year median for Inventory Average is $27.2 million (2023), against an average of $28.0 million.
- The widest annual swing landed in 2022, when Inventory Average declined 5.74%; it then surged 39.07% in 2023.
- A 5-year view of Inventory Average shows it stood at $24.6 million in 2022, then rose by 5.9% to $26.0 million in 2023, then gained by 17.86% to $30.7 million in 2024, then grew by 12.06% to $34.4 million in 2025, then gained 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 | 157.47 Bn | 157.41 Bn | 120.82 Mn | 37.00 Mn |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | - |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 380.50 Mn |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | 155.44 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 327.68 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | - |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | 9.19 Mn |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 92.47 Mn |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | - |
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 |
| Mar 31, 2021 | 20.20 Mn |
| Dec 31, 2020 | 21.01 Mn |
| Sep 30, 2020 | 22.29 Mn |
| Jun 30, 2020 | 23.20 Mn |
| Mar 31, 2020 | 23.86 Mn |
| Dec 31, 2019 | 24.23 Mn |
| Sep 30, 2019 | 23.64 Mn |
| Jun 30, 2019 | 23.14 Mn |
| Mar 31, 2019 | 24.63 Mn |
| Dec 31, 2018 | 25.19 Mn |
| Sep 30, 2018 | 32.80 Mn |
| Jun 30, 2018 | 31.12 Mn |
| Mar 31, 2018 | 20.29 Mn |
| Dec 31, 2017 | 19.77 Mn |
| Sep 30, 2017 | 19.65 Mn |
| Jun 30, 2017 | 19.23 Mn |
| Mar 31, 2017 | 18.71 Mn |
| Dec 31, 2016 | 18.80 Mn |
| Sep 30, 2016 | 18.97 Mn |
| Jun 30, 2016 | 17.83 Mn |
| Mar 31, 2016 | 17.70 Mn |
| Dec 31, 2015 | 17.23 Mn |
| Sep 30, 2015 | 15.63 Mn |
| Jun 30, 2015 | 12.49 Mn |
| Mar 31, 2015 | 9.05 Mn |
| Dec 31, 2014 | 10.25 Mn |
| Sep 30, 2014 | 12.44 Mn |
| Jun 30, 2014 | 12.40 Mn |
| Mar 31, 2014 | 12.08 Mn |
| Dec 31, 2013 | 12.03 Mn |
| Sep 30, 2013 | 10.67 Mn |
| Jun 30, 2013 | 10.51 Mn |
| Mar 31, 2013 | 12.93 Mn |
| Dec 31, 2012 | 14.26 Mn |
| Sep 30, 2012 | 13.81 Mn |
| Jun 30, 2012 | 11.91 Mn |
| Mar 31, 2012 | 8.90 Mn |
| Dec 31, 2011 | 7.11 Mn |
| Sep 30, 2011 | 8.88 Mn |
| Jun 30, 2011 | 10.65 Mn |
| Mar 31, 2011 | 7.81 Mn |
| Dec 31, 2010 | 7.12 Mn |
| Sep 30, 2010 | 9.27 Mn |
| Jun 30, 2010 | 8.99 Mn |
| Mar 31, 2010 | 8.67 Mn |
| Dec 31, 2009 | 8.41 Mn |
| Sep 30, 2009 | 7.97 Mn |
| Jun 30, 2009 | 7.99 Mn |
| Mar 31, 2009 | 7.76 Mn |