Precision Drilling (PDS) Non-Current Deferred Tax Liability (2010 - 2026)
Precision Drilling (PDS) reported Non-Current Deferred Tax Liability of $72.7 million for Q1 2026, up 84.39% on a YoY basis from $39.4 million in Q1 2025, and up 11.69% quarter-over-quarter from $65.1 million in Q4 2025.
Precision Drilling (PDS) Non-Current Deferred Tax Liability (2010 - 2026) Analysis & Trends
Precision Drilling has reported Non-Current Deferred Tax Liability for 17 years, with the latest figure at $72.7 million in Q1 2026.
- For the quarter ending Q1 2026, Non-Current Deferred Tax Liability rose 84.39% year-over-year to $72.7 million; the trailing twelve-month figure through Mar 2026 stood at $72.7 million (up 84.39% YoY), and the FY2025 full-year result was $65.0 million, up 87.43% from the prior year.
- Non-Current Deferred Tax Liability for Q1 2026 stood at $72.7 million, up from $65.1 million in the prior quarter.
- The five-year high for Non-Current Deferred Tax Liability was $72.7 million in Q1 2026, with the low at $9.3 million in Q1 2022.
- Historically, Non-Current Deferred Tax Liability has averaged $41.4 million across 5 years, with a median of $44.0 million in 2025.
- Annual changes were most pronounced in 2023 — Non-Current Deferred Tax Liability surged 293.34% — and 2024, when it plunged 37.1%.
- Precision Drilling's Non-Current Deferred Tax Liability stood at $21.3 million in 2022, then surged by 153.23% to $54.0 million in 2023, then sank by 37.1% to $34.0 million in 2024, then jumped by 91.61% to $65.1 million in 2025, then increased by 11.69% to $72.7 million in 2026.
- The last three Non-Current Deferred Tax Liability figures came in at $72.7 million (Q1 2026), $65.1 million (Q4 2025), and $68.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 72.69 Mn |
| Mar 31, 2026 | 72.69 Mn |
| Dec 31, 2025 | 65.08 Mn |
| Dec 31, 2025 | 65.08 Mn |
| Sep 30, 2025 | 68.75 Mn |
| Sep 30, 2025 | 68.75 Mn |
| Jun 30, 2025 | 44.02 Mn |
| Jun 30, 2025 | 44.02 Mn |
| Mar 31, 2025 | 39.43 Mn |
| Mar 31, 2025 | 39.43 Mn |
| Dec 31, 2024 | 33.97 Mn |
| Dec 31, 2024 | 33.97 Mn |
| Sep 30, 2024 | 45.48 Mn |
| Sep 30, 2024 | 45.48 Mn |
| Jun 30, 2024 | 38.85 Mn |
| Jun 30, 2024 | 38.85 Mn |
| Mar 31, 2024 | 47.52 Mn |
| Mar 31, 2024 | 47.52 Mn |
| Dec 31, 2023 | 54.00 Mn |
| Dec 31, 2023 | 54.00 Mn |