Growth Metrics

Precision Drilling (PDS) Operating Leases (2019 - 2026)

Precision Drilling posted quarterly Operating Leases of $36.2 million for Q1 2026, little changed year-on-year from $36.0 million in Q1 2025, and up 6.88% on a QoQ basis from $33.8 million in Q4 2025.

Precision Drilling (PDS) has 8 years of Operating Leases data on file, last reported at $36.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Leases changed 0.39% year-over-year to $36.2 million; the trailing twelve-month figure through Mar 2026 stood at $36.2 million (changed 0.39% YoY), and the FY2025 full-year result was $33.8 million, down 13.57% from the prior year.
  • Operating Leases for Q1 2026 stood at $36.2 million, up from $33.8 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.
  • The 5-year median for Operating Leases is $39.0 million (2022), against an average of $38.3 million.
  • The widest annual swing landed in 2023, when Operating Leases increased 11.16%; it then dropped 15.96% in 2025.
  • A 5-year view of Operating Leases shows it stood at $39.0 million in 2022, then advanced by 7.51% to $42.0 million in 2023, then decreased by 6.91% to $39.1 million in 2024, then decreased by 13.41% to $33.8 million in 2025, then advanced by 6.88% to $36.2 million in 2026.
  • The last three Operating Leases figures came in at $36.2 million (Q1 2026), $33.8 million (Q4 2025), and $35.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn
9 Borr Drilling 1.48 Bn 1.10 Bn -

Historic Data

Download Data 🔒
DateValue
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
Jun 30, 2021 37.38 Mn
Mar 31, 2021 37.22 Mn
Dec 31, 2020 37.50 Mn
Sep 30, 2020 39.22 Mn
Jun 30, 2020 40.19 Mn
Mar 31, 2020 42.40 Mn
Dec 31, 2019 41.65 Mn
Sep 30, 2019 43.95 Mn
Jun 30, 2019 44.65 Mn
Mar 31, 2019 43.22 Mn