Precision Drilling (PDS) Net Margin (2009 - 2026)
Precision Drilling posted quarterly Net Margin of 3.3% for Q1 2026, down 365.0% year-on-year from 1.25% in Q1 2025, and up 137.48% on a QoQ basis from 8.81% in Q4 2025.
Precision Drilling (PDS) has 18 years of Net Margin data on file, last reported at 3.3% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin fell 365.0% year-over-year to 3.3%; the trailing twelve-month figure through Mar 2026 stood at 0.79% (down 663.0% YoY), and the FY2025 full-year result was 0.1%, down 575.0% from the prior year.
- Net Margin for Q1 2026 stood at 3.3%, up from 8.81% in the prior quarter.
- Across five years, Net Margin topped out at 28.95% in Q4 2023 and bottomed at 12.28% in Q1 2022.
- The 5-year median for Net Margin is 4.82% (2024), against an average of 5.05%.
- The widest annual swing landed in 2023, when Net Margin jumped 3274 bps; it then sank 2579 bps in 2024.
- A 5-year view of Net Margin shows it stood at 2.5% in 2022, then jumped by 1057 bps to 28.95% in 2023, then plunged by 89 bps to 3.16% in 2024, then plunged by 379 bps to 8.81% in 2025, then jumped by 137 bps to 3.3% in 2026.
- The last three Net Margin figures came in at 3.3% (Q1 2026), 8.81% (Q4 2025), and 1.46% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 3.30% |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 15.37% |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 6.57% |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | -2.19% |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | -5.99% |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | -1.96% |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | -15,501.65% |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 1.19% |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | 9.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 6.20% |
| Jun 30, 2023 | 10.73% |
| Mar 31, 2023 | 20.46% |
| Dec 31, 2022 | 2.50% |
| Sep 30, 2022 | 8.62% |
| Jun 30, 2022 | -6.37% |
| Mar 31, 2022 | -12.28% |
| Dec 31, 2021 | -9.03% |
| Sep 30, 2021 | -16.37% |
| Jun 30, 2021 | -38.13% |
| Mar 31, 2021 | -15.98% |
| Dec 31, 2020 | -14.65% |
| Sep 30, 2020 | -16.74% |
| Jun 30, 2020 | -23.83% |
| Mar 31, 2020 | -1.80% |
| Dec 31, 2019 | -3.52% |
| Sep 30, 2019 | -2.26% |
| Jun 30, 2019 | -5.56% |
| Mar 31, 2019 | 7.65% |
| Dec 31, 2018 | -46.99% |
| Sep 30, 2018 | -10.44% |
| Jun 30, 2018 | -18.23% |
| Mar 31, 2018 | -5.67% |
| Dec 31, 2017 | -18.52% |
| Sep 30, 2017 | -15.53% |
| Jun 30, 2017 | -27.82% |
| Mar 31, 2017 | -12.45% |
| Dec 31, 2016 | -27.02% |
| Sep 30, 2016 | -44.00% |
| Jun 30, 2016 | -65.94% |
| Mar 31, 2016 | -11.58% |
| Dec 31, 2015 | -120.81% |
| Sep 30, 2015 | -36.53% |
| Jun 30, 2015 | -21.66% |
| Mar 31, 2015 | 10.94% |
| Dec 31, 2014 | -24.09% |
| Sep 30, 2014 | 10.40% |
| Jun 30, 2014 | -0.32% |
| Mar 31, 2014 | 16.48% |
| Dec 31, 2013 | 15.52% |
| Sep 30, 2013 | 5.29% |
| Jun 30, 2013 | -0.86% |
| Mar 31, 2013 | 18.63% |
| Dec 31, 2012 | -33.55% |
| Sep 30, 2012 | 9.78% |
| Jun 30, 2012 | 3.76% |
| Mar 31, 2012 | 22.38% |
| Dec 31, 2011 | 3.00% |
| Sep 30, 2011 | 25.22% |
| Jun 30, 2011 | 7.04% |
| Mar 31, 2011 | 14.70% |
| Dec 31, 2010 | -4.85% |
| Sep 30, 2010 | 14.58% |
| Jun 30, 2010 | -23.48% |
| Mar 31, 2010 | 1.80% |
| Dec 31, 2009 | -13.80% |
| Sep 30, 2009 | 32.16% |
| Jun 30, 2009 | 24.60% |
| Mar 31, 2009 | 12.10% |