Precision Drilling (PDS) Net Margin (2009 - 2026)
Precision Drilling (PDS) reported Net Margin of -0.26% for Q2 2026, down 4.32 percentage points from 4.05% a year earlier and down 3.57 percentage points from the prior quarter.
Precision Drilling (PDS) Net Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Precision Drilling's Net Margin came in at -1.68%, down 7.37 percentage points year-over-year; for FY2025, it was 0.17%, down 5.68 percentage points from FY2024.
- Net Margin has a five-year change of +13.01 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 5.85% in FY2024 (-9.07 pp), 14.93% in FY2023 (+17.68 pp), -2.76% in FY2022 (+15.22 pp) and -17.98% in FY2021 (-5.14 pp).
- Five-year quarterly Net Margin spans a low of -14.98% in Q3 2021 and a high of 28.95% in Q4 2023.
- Year over year, Net Margin has now declined in each of the last five quarters, with an average year-over-year change of -6.54 percentage points over the last eight quarters.
- The high point for year-over-year Net Margin in five years was Q2 2022 (a gain of 30.15 percentage points); the low point was Q4 2024 (a drop of 25.76 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 3.30% (Q1 2026), -8.81% (Q4 2025) and -1.46% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 8.76% |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 10.10% |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 13.13% |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 9.35% |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 5.25% |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | -5.10% |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 17.60% |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 3.53% |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | 9.35% |
| 10 | Precision Drilling | 1.07 Bn | 908.98 Mn | - | -0.26% |
Historic 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 | 4.05% |
| Mar 31, 2025 | 6.95% |
| Dec 31, 2024 | 3.19% |
| Sep 30, 2024 | 8.21% |
| Jun 30, 2024 | 4.82% |
| Mar 31, 2024 | 6.92% |
| Dec 31, 2023 | 28.95% |
| Sep 30, 2023 | 4.43% |
| Jun 30, 2023 | 6.32% |
| Mar 31, 2023 | 17.16% |
| Dec 31, 2022 | 0.68% |
| Sep 30, 2022 | 7.15% |
| Jun 30, 2022 | -7.55% |
| Mar 31, 2022 | -12.48% |
| Dec 31, 2021 | -9.26% |
| Sep 30, 2021 | -14.98% |
Precision Drilling Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=PDS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "PDS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=PDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();