Precision Drilling (PDS) Net Margin (2009 - 2026)
Precision Drilling (PDS) reported Net Margin of 3.93% for Q3 2026, up 5.40 percentage points from -1.46% a year earlier and up 4.20 percentage points from the prior quarter.
Precision Drilling (PDS) Net Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Precision Drilling's Net Margin came in at -0.24%, down 3.41 percentage points year-over-year; for FY2025, it was 0.10%, down 5.75 percentage points from FY2024.
- Net Margin has a five-year change of +12.94 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 5.85% in FY2024 (-9.08 pp), 14.93% in FY2023 (+17.05 pp), -2.12% in FY2022 (+15.85 pp) and -17.98% in FY2021 (-5.14 pp).
- The Q3 2026 figure ranks as the highest quarterly Net Margin since Q2 2025.
- Year over year, Net Margin gained in two of the last eight quarters, with an average year-over-year change of -6.34 percentage points.
- 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 25.79 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at -0.26% (Q2 2026), 3.30% (Q1 2026) and -8.81% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn | 7.78% |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn | 5.12% |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn | 7.31% |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn | 14.45% |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn | -16.06% |
| 6 | Nov | 6.45 Bn | 1.39 Bn | 439.00 Mn | 4.04% |
| 7 | Weatherford International | 6.27 Bn | 2.04 Bn | 374.00 Mn | 10.50% |
| 8 | Transocean | 6.19 Bn | 4.23 Bn | 348.00 Mn | 2.77% |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn | 7.77% |
| 10 | Precision Drilling | 1.32 Bn | 1.17 Bn | 111.41 Mn | 3.93% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.93% |
| 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 | 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% |
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();