Precision Drilling (PDS) Operating Margin (2009 - 2026)
Precision Drilling (PDS) recorded Operating Margin of 23.53% in Q3 2026, down 1.91 percentage points from 25.45% a year earlier but up 2.10 percentage points from the prior quarter.
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Analysis
Precision Drilling (PDS) Operating Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Precision Drilling's Operating Margin came in at 23.75% as of Sep 30, 2026, down 2.62 percentage points year-over-year; for FY2025, it came in at 26.56%, down 0.84 percentage points from FY2024.
- Annual Operating Margin has a five-year change of +30.94 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 27.40% in FY2024 (-4.14 pp), 31.54% in FY2023 (+12.27 pp), 19.27% in FY2022 (-0.27 pp) and 19.53% in FY2021 (+23.91 pp).
- Quarterly Operating Margin has ranged from 10.49% in Q1 2022 to 36.38% in Q1 2023 over the past five years.
- On a year-over-year basis, Operating Margin has declined for three consecutive quarters, with an average year-over-year change of -2.34 percentage points over the last eight quarters.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 25.89 percentage points in Q1 2023, against a drop of 12.57 percentage points in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 21.43% (Q2 2026), 23.56% (Q1 2026) and 26.41% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn | 12.05% |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn | 18.69% |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn | 10.94% |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn | 18.18% |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn | 8.24% |
| 6 | Nov | 6.45 Bn | 1.39 Bn | 439.00 Mn | 6.38% |
| 7 | Weatherford International | 6.27 Bn | 2.04 Bn | 374.00 Mn | 13.39% |
| 8 | Transocean | 6.19 Bn | 4.23 Bn | 348.00 Mn | 15.26% |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn | 13.70% |
| 10 | Precision Drilling | 1.32 Bn | 1.17 Bn | 111.41 Mn | 23.53% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.53% |
| Jun 30, 2026 | 21.43% |
| Mar 31, 2026 | 23.56% |
| Dec 31, 2025 | 26.41% |
| Sep 30, 2025 | 25.45% |
| Jun 30, 2025 | 26.59% |
| Mar 31, 2025 | 27.70% |
| Dec 31, 2024 | 25.74% |
| Sep 30, 2024 | 29.85% |
| Jun 30, 2024 | 26.82% |
| Mar 31, 2024 | 27.12% |
| Dec 31, 2023 | 29.84% |
| Sep 30, 2023 | 25.65% |
| Jun 30, 2023 | 33.38% |
| Mar 31, 2023 | 36.38% |
| Dec 31, 2022 | 17.84% |
| Sep 30, 2022 | 27.85% |
| Jun 30, 2022 | 19.66% |
| Mar 31, 2022 | 10.49% |
| Dec 31, 2021 | 21.64% |
API Access
Precision Drilling Operating Margin 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-margin&ticker=PDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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-margin&ticker=PDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();