Growth Metrics

Precision Drilling (PDS) Other Gross PP&E Adjustments (2011 - 2026)

Precision Drilling posted quarterly Other Gross PP&E Adjustments of -$25.1 million for Q1 2026, up 23.76% year-on-year from -$20.2 million in Q1 2025, and down 363.13% on a QoQ basis from $9.5 million in Q4 2025.

Precision Drilling (PDS) has 10 years of Other Gross PP&E Adjustments data on file, last reported at -$25.1 million in Q1 2026.

  • For the quarter ending Q1 2026, Other Gross PP&E Adjustments rose 23.76% year-over-year to -$25.1 million; the trailing twelve-month figure through Mar 2026 stood at -$25.1 million (up 23.76% YoY), and the FY2025 full-year result was $9.5 million, down 30.55% from the prior year.
  • Other Gross PP&E Adjustments for Q1 2026 stood at -$25.1 million, down from $9.5 million in the prior quarter.
  • Across five years, Other Gross PP&E Adjustments topped out at $47.3 million in Q4 2022 and bottomed at -$46.7 million in Q3 2024.
  • The 5-year median for Other Gross PP&E Adjustments is -$13.4 million (2024), against an average of -$12.9 million.
  • The widest annual swing landed in 2022, when Other Gross PP&E Adjustments surged 436.31%; it then slumped 8969.49% in 2023.
  • A 5-year view of Other Gross PP&E Adjustments shows it stood at $47.3 million in 2022, then plunged by 88.47% to $5.5 million in 2023, then surged by 150.79% to $13.7 million in 2024, then plunged by 30.42% to $9.5 million in 2025, then sank by 363.13% to -$25.1 million in 2026.
  • The last three Other Gross PP&E Adjustments figures came in at -$25.1 million (Q1 2026), $9.5 million (Q4 2025), and -$43.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Other Gross PP&E Adjustments (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn -25.06 Mn
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn 6.73 Bn
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn 17.47 Bn
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn 8.78 Bn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn -27.36 Bn
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn -
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn -1.61 Bn
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn -2.36 Mn
9 Borr Drilling 1.48 Bn 1.10 Bn - 11.30 Mn

Historic Data

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DateValue
Mar 31, 2026 -25.06 Mn
Mar 31, 2026 -25.06 Mn
Dec 31, 2025 9.52 Mn
Dec 31, 2025 9.52 Mn
Sep 30, 2025 -43.13 Mn
Sep 30, 2025 -43.13 Mn
Jun 30, 2025 -22.19 Mn
Jun 30, 2025 -22.19 Mn
Mar 31, 2025 -32.87 Mn
Mar 31, 2025 -32.87 Mn
Dec 31, 2024 13.69 Mn
Dec 31, 2024 13.69 Mn
Sep 30, 2024 -46.70 Mn
Sep 30, 2024 -46.70 Mn
Jun 30, 2024 -13.44 Mn
Jun 30, 2024 -13.44 Mn
Mar 31, 2024 -27.08 Mn
Mar 31, 2024 -27.08 Mn
Dec 31, 2023 5.46 Mn
Dec 31, 2023 5.46 Mn
Sep 30, 2023 -7.25 Mn
Sep 30, 2023 -7.25 Mn
Jun 30, 2023 -32.97 Mn
Jun 30, 2023 -32.97 Mn
Mar 31, 2023 -41.56 Mn
Mar 31, 2023 -41.56 Mn
Dec 31, 2022 47.34 Mn
Dec 31, 2022 47.34 Mn
Sep 30, 2022 4.86 Mn
Sep 30, 2022 4.86 Mn
Jun 30, 2022 371,777.47
Jun 30, 2022 371,777.47
Mar 31, 2022 -7.91 Mn
Mar 31, 2022 -7.91 Mn
Dec 31, 2021 8.83 Mn
Dec 31, 2021 8.83 Mn
Sep 30, 2021 -41.58 Mn
Sep 30, 2021 -41.58 Mn
Jun 30, 2021 -42.20 Mn
Jun 30, 2021 -42.20 Mn
Mar 31, 2021 -41.97 Mn
Mar 31, 2021 -41.97 Mn
Dec 31, 2020 -42.32 Mn
Dec 31, 2020 -42.32 Mn
Sep 30, 2020 -44.70 Mn
Sep 30, 2020 -44.70 Mn
Jun 30, 2020 -45.73 Mn
Jun 30, 2020 -45.73 Mn
Mar 31, 2020 -50.92 Mn
Mar 31, 2020 -50.92 Mn
Dec 31, 2019 -50.10 Mn
Dec 31, 2019 -50.10 Mn
Sep 30, 2019 -53.03 Mn
Sep 30, 2019 -53.03 Mn
Jun 30, 2019 -53.40 Mn
Jun 30, 2019 -53.40 Mn
Mar 31, 2019 -53.06 Mn
Mar 31, 2019 -53.06 Mn
Jun 30, 2012 -292.61 Mn
Jun 30, 2012 -292.61 Mn
Jun 30, 2011 -100.78 Mn
Jun 30, 2011 -100.78 Mn