Precision Drilling (PDS) Operating Leases (2019 - 2026)
Precision Drilling's (PDS) quarterly Operating Leases came in at $37.0 million in Q2 2026, up 5.43% on a YoY basis from $35.1 million in Q2 2025, and up 2.29% quarter-over-quarter from $36.2 million in Q1 2026.
Analysis
Precision Drilling (PDS) Operating Leases (2019 - 2026) Analysis & Trends
Precision Drilling (PDS) has reported Operating Leases for 8 consecutive years, with $37.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Leases rose 5.43% year-over-year to $37.0 million; the trailing twelve-month figure through Jun 2026 stood at $37.0 million (up 5.43% YoY), and the FY2025 full-year result was $33.8 million, down 15.29% from the prior year.
- Operating Leases grew to $37.0 million in Q2 2026 per PDS's latest filing, from $36.2 million in the prior quarter.
- Across five years, Operating Leases topped out at $42.9 million in Q1 2024 and bottomed at $33.8 million in Q4 2025.
- Historically, Operating Leases has averaged $38.2 million across 5 years, with a median of $38.9 million in 2022.
- The sharpest annual moves came in 2023 and 2025: Operating Leases rose 11.16% in 2023, then declined 15.96% in 2025.
- Over 5 years, Operating Leases stood at $39.0 million in 2022, then climbed by 7.51% to $42.0 million in 2023, then slipped by 6.91% to $39.1 million in 2024, then slipped by 13.41% to $33.8 million in 2025, then gained by 9.33% to $37.0 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $37.0 million, $36.2 million, and $33.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Patterson Uti Energy | 4.74 Bn | 4.54 Bn | 597.25 Mn |
| 2 | Helmerich & Payne | 4.43 Bn | 4.29 Bn | 349.94 Mn |
| 3 | Nabors Industries | 1.45 Bn | 1.44 Bn | 309.38 Mn |
| 4 | Precision Drilling | 1.16 Bn | 1.12 Bn | 89.29 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.98 Mn |
| Mar 31, 2026 | 36.15 Mn |
| Dec 31, 2025 | 33.82 Mn |
| Sep 30, 2025 | 34.96 Mn |
| Jun 30, 2025 | 35.07 Mn |
| Mar 31, 2025 | 36.01 Mn |
| Dec 31, 2024 | 39.06 Mn |
| Sep 30, 2024 | 39.59 Mn |
| Jun 30, 2024 | 40.83 Mn |
| Mar 31, 2024 | 42.85 Mn |
| Dec 31, 2023 | 41.96 Mn |
| Sep 30, 2023 | 41.13 Mn |
| Jun 30, 2023 | 39.79 Mn |
| Mar 31, 2023 | 38.79 Mn |
| Dec 31, 2022 | 39.03 Mn |
| Sep 30, 2022 | 40.15 Mn |
| Jun 30, 2022 | 35.80 Mn |
| Mar 31, 2022 | 35.76 Mn |
| Dec 31, 2021 | 36.35 Mn |
| Sep 30, 2021 | 36.94 Mn |