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 | 72.31 Bn | 69.42 Bn | 1.40 Bn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn |
| 10 | Precision Drilling | 1.07 Bn | 908.98 Mn | - |
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 |
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();