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% YoY from $35.1 million in Q2 2025, and up 2.29% on a QoQ basis from $36.2 million in Q1 2026.
Precision Drilling (PDS) Operating Leases (2019 - 2026) Analysis & Trends
Precision Drilling (PDS) has 8 years of Operating Leases data on file, last reported at $37.0 million in Q2 2026.
- Quarterly Operating Leases rose 5.43% year-over-year to $37.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $37.0 million (up 5.43% YoY) and the FY2025 annual result came in at $33.8 million, down 13.57% from the prior year.
- Operating Leases climbed to $37.0 million in Q2 2026, from $36.2 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $42.9 million in Q1 2024 to a low of $33.8 million in Q4 2025.
- A 5-year average of $38.2 million and a median of $38.9 million in 2022 frame the typical range for Operating Leases.
- Annual changes were most pronounced in 2023 — Operating Leases increased 11.16% — and 2025, when it dropped 15.96%.
- Tracing PDS's Operating Leases over 5 years: stood at $39.0 million in 2022, then gained by 7.51% to $42.0 million in 2023, then retreated by 6.91% to $39.1 million in 2024, then retreated by 13.41% to $33.8 million in 2025, then increased by 9.33% to $37.0 million in 2026.
- The last three Operating Leases figures came in at $37.0 million (Q2 2026), $36.2 million (Q1 2026), and $33.8 million (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - |
Historic Data
Download 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 |