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
Download Data| Date | Value |
|---|---|
| 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 |