Precision Drilling (PDS) Operating Leases (2010 - 2026)
Precision Drilling's Operating Leases was $36.98 million in Q2 2026, up 5.4% from $35.07 million a year earlier and up 2.3% from the prior quarter.
Precision Drilling (PDS) Operating Leases (2010 - 2026) Analysis & Trends
At the end of FY2025, Operating Leases at Precision Drilling came in at $33.76 million, down 15.3% from FY2024.
- Operating Leases shows a five-year compound annual growth rate of -1.5% (FY2020 to FY2025).
- In earlier years, Operating Leases was $39.85 million in FY2024 (-5.9%), $42.34 million in FY2023 (+3.9%), $40.75 million in FY2022 (+11.4%) and $36.56 million in FY2021 (+0.2%).
- The Q2 2026 figure marks the highest quarterly Operating Leases since Q4 2024.
- Compared with a year earlier, Operating Leases was higher in two of the last eight quarters, with an average decline of 7.5%.
- The best year-over-year quarter for Operating Leases over five years was Q2 2023 (growth of 11.2%); the worst was Q1 2025 (a decline of 16.0%).
- Per Business Quant data, PDS's Operating Leases in the three quarters before Q2 2026 was $36.15 million (Q1 2026), $33.82 million (Q4 2025) and $34.96 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 76.12 Bn | 72.05 Bn | 1.40 Bn |
| 2 | Baker Hughes | 55.58 Bn | 18.68 Bn | 1.58 Bn |
| 3 | Halliburton | 28.36 Bn | 20.08 Bn | 804.00 Mn |
| 4 | TechnipFMC | 27.79 Bn | 23.92 Bn | 684.70 Mn |
| 5 | Noble | 7.02 Bn | 4.96 Bn | 239.27 Mn |
| 6 | Nov | 6.92 Bn | 1.66 Bn | 521.00 Mn |
| 7 | Transocean | 6.76 Bn | 4.47 Bn | 358.00 Mn |
| 8 | Valaris | 6.36 Bn | 3.97 Bn | 123.70 Mn |
| 9 | Weatherford International | 6.16 Bn | 2.09 Bn | 333.00 Mn |
| 10 | Precision Drilling | 1.23 Bn | 1.06 Bn | 89.29 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.00 Mn |
| Mar 31, 2026 | 35.60 Mn |
| Dec 31, 2025 | 34.44 Mn |
| Sep 30, 2025 | 34.57 Mn |
| Jun 30, 2025 | 35.52 Mn |
| Mar 31, 2025 | 36.11 Mn |
| Dec 31, 2024 | 38.03 Mn |
| Sep 30, 2024 | 39.98 Mn |
| Jun 30, 2024 | 40.76 Mn |
| Mar 31, 2024 | 42.66 Mn |
| Dec 31, 2023 | 43.18 Mn |
| Sep 30, 2023 | 40.87 Mn |
| Jun 30, 2023 | 40.34 Mn |
| Mar 31, 2023 | 38.78 Mn |
| Dec 31, 2022 | 39.09 Mn |
| Sep 30, 2022 | 38.29 Mn |
| Jun 30, 2022 | 35.43 Mn |
| Mar 31, 2022 | 36.29 Mn |
| Dec 31, 2021 | 35.96 Mn |
| Sep 30, 2021 | 36.46 Mn |
Precision Drilling Operating Leases 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=operating-leases&ticker=PDS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=PDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();