Growth Metrics

Precision Drilling (PDS) Leases (2019 - 2026)

Precision Drilling posted quarterly Leases of $44.5 million for Q1 2026, up 0.99% year-on-year from $44.1 million in Q1 2025, and up 9.22% on a QoQ basis from $40.7 million in Q4 2025.

Precision Drilling (PDS) has 8 years of Leases data on file, last reported at $44.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Leases rose 0.99% year-over-year to $44.5 million; the trailing twelve-month figure through Mar 2026 stood at $44.5 million (up 0.99% YoY), and the FY2025 full-year result was $40.7 million, down 13.97% from the prior year.
  • Leases for Q1 2026 stood at $44.5 million, up from $40.7 million in the prior quarter.
  • Across five years, Leases topped out at $48.7 million in Q1 2024 and bottomed at $40.2 million in Q1 2022.
  • The 5-year median for Leases is $44.2 million (2022), against an average of $44.4 million.
  • The widest annual swing landed in 2023, when Leases increased 11.38%; it then slipped 13.81% in 2025.
  • A 5-year view of Leases shows it stood at $44.2 million in 2022, then advanced by 5.36% to $46.6 million in 2023, then climbed by 1.44% to $47.3 million in 2024, then decreased by 13.81% to $40.7 million in 2025, then climbed by 9.22% to $44.5 million in 2026.
  • The last three Leases figures came in at $44.5 million (Q1 2026), $40.7 million (Q4 2025), and $43.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Leases (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn 44.50 Mn
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn 45.01 Mn
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn -
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn 37.98 Mn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn 111.80 Mn
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn -
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn -
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn -
9 Borr Drilling 1.48 Bn 1.10 Bn - -

Historic Data

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DateValue
Mar 31, 2026 44.50 Mn
Dec 31, 2025 40.74 Mn
Sep 30, 2025 43.13 Mn
Jun 30, 2025 43.31 Mn
Mar 31, 2025 44.06 Mn
Dec 31, 2024 47.27 Mn
Sep 30, 2024 46.70 Mn
Jun 30, 2024 47.22 Mn
Mar 31, 2024 48.70 Mn
Dec 31, 2023 46.60 Mn
Sep 30, 2023 42.64 Mn
Jun 30, 2023 45.04 Mn
Mar 31, 2023 44.01 Mn
Dec 31, 2022 44.23 Mn
Sep 30, 2022 45.63 Mn
Jun 30, 2022 40.44 Mn
Mar 31, 2022 40.17 Mn
Dec 31, 2021 40.81 Mn
Sep 30, 2021 41.58 Mn
Jun 30, 2021 42.20 Mn
Mar 31, 2021 41.97 Mn
Dec 31, 2020 42.32 Mn
Sep 30, 2020 44.70 Mn
Jun 30, 2020 45.73 Mn
Mar 31, 2020 50.92 Mn
Dec 31, 2019 50.10 Mn
Sep 30, 2019 53.03 Mn
Jun 30, 2019 53.40 Mn
Mar 31, 2019 53.06 Mn