Precision Drilling (PDS) Net Margin (2009 - 2026)
Precision Drilling's (PDS) quarterly Net Margin came in at 0.69% in Q2 2026, down 336.0% on a YoY basis from 0.29% in Q2 2025, and up 7902.25% quarter-over-quarter from 0.01% in Q1 2026.
Analysis
Precision Drilling (PDS) Net Margin (2009 - 2026) Analysis & Trends
Precision Drilling (PDS) has reported Net Margin for 18 consecutive years, with 0.69% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin fell 336.0% year-over-year to 0.69%; the trailing twelve-month figure through Jun 2026 stood at 0.58% (down 441.0% YoY), and the FY2025 full-year result was 0.17%, down 568.0% from the prior year.
- Net Margin grew to 0.69% in Q2 2026 per PDS's latest filing, from 0.01% in the prior quarter.
- Across five years, Net Margin topped out at 17.16% in Q1 2023 and bottomed at 12.48% in Q1 2022.
- Historically, Net Margin has averaged 2.94% across 5 years, with a median of 3.28% in 2022.
- The sharpest annual moves came in 2022 and 2025: Net Margin jumped 3176 bps in 2022, then sank 940 bps in 2025.
- Over 5 years, Net Margin stood at 2.5% in 2022, then plunged by 100 bps to 0.0% in 2023, then sank by 1033 bps to 0.02% in 2024, then slumped by 45516 bps to 8.75% in 2025, then jumped by 108 bps to 0.69% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 0.69%, 0.01%, and 8.75% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Patterson Uti Energy | 4.88 Bn | 4.67 Bn | 597.25 Mn | -1.57% |
| 2 | Helmerich & Payne | 4.39 Bn | 4.15 Bn | 349.94 Mn | 7.55% |
| 3 | Nabors Industries | 1.27 Bn | 763.46 Mn | 309.38 Mn | -0.19% |
| 4 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn | 0.54% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.69% |
| Mar 31, 2026 | -0.01% |
| Dec 31, 2025 | -8.75% |
| Sep 30, 2025 | 5.89% |
| Jun 30, 2025 | 4.05% |
| Mar 31, 2025 | 0.00% |
| Dec 31, 2024 | -0.02% |
| Sep 30, 2024 | 11.12% |
| Jun 30, 2024 | 4.21% |
| Mar 31, 2024 | 9.40% |
| Dec 31, 2023 | 0.00% |
| Sep 30, 2023 | 6.20% |
| Jun 30, 2023 | 10.73% |
| Mar 31, 2023 | 17.16% |
| Dec 31, 2022 | 2.50% |
| Sep 30, 2022 | 8.62% |
| Jun 30, 2022 | -6.37% |
| Mar 31, 2022 | -12.48% |
| Dec 31, 2021 | -9.03% |
| Sep 30, 2021 | -16.37% |