Precision Drilling (PDS) Net Margin (2009 - 2026)
Precision Drilling's (PDS) quarterly Net Margin came in at 0.26% in Q2 2026, down 426.0% YoY from 0.08% in Q2 2025, and down 107.99% on a QoQ basis from 3.3% in Q1 2026.
Precision Drilling (PDS) Net Margin (2009 - 2026) Analysis & Trends
Precision Drilling (PDS) has 18 years of Net Margin data on file, last reported at 0.26% in Q2 2026.
- Quarterly Net Margin fell 426.0% year-over-year to 0.26% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 1.68% (down 735.0% YoY) and the FY2025 annual result came in at 0.08%, down 484.0% from the prior year.
- Net Margin eased to 0.26% in Q2 2026, from 3.3% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 28.95% in Q4 2023 to a low of 9.91% in Q1 2022.
- A 5-year average of 4.8% and a median of 4.41% in 2024 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2023 — Net Margin soared 3022 bps — and 2024, when it tumbled 2579 bps.
- Tracing PDS's Net Margin over 5 years: stood at 2.15% in 2022, then soared by 1247 bps to 28.95% in 2023, then sank by 89 bps to 3.16% in 2024, then sank by 379 bps to 8.81% in 2025, then jumped by 97 bps to 0.26% in 2026.
- The last three Net Margin figures came in at 0.26% (Q2 2026), 3.3% (Q1 2026), and 8.81% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | -5.10% |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 17.60% |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | -1.57% |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 7.55% |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 6.46% |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | -103.92% |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | -0.19% |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | -0.26% |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | 8.72% |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | -46.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.26% |
| Mar 31, 2026 | 3.30% |
| Dec 31, 2025 | -8.81% |
| Sep 30, 2025 | -1.46% |
| Jun 30, 2025 | 4.00% |
| Mar 31, 2025 | 6.95% |
| Dec 31, 2024 | 3.16% |
| Sep 30, 2024 | 8.21% |
| Jun 30, 2024 | 4.82% |
| Mar 31, 2024 | 6.92% |
| Dec 31, 2023 | 28.95% |
| Sep 30, 2023 | 5.74% |
| Jun 30, 2023 | 10.47% |
| Mar 31, 2023 | 20.31% |
| Dec 31, 2022 | 2.15% |
| Sep 30, 2022 | 8.40% |
| Jun 30, 2022 | -6.57% |
| Mar 31, 2022 | -9.91% |
| Dec 31, 2021 | -9.29% |
| Sep 30, 2021 | -16.72% |