Precision Drilling (PDS) Payables (2009 - 2026)
Precision Drilling (PDS) reported Payables of $201.6 million for Q1 2026, up 6.46% on a YoY basis from $189.3 million in Q1 2025, and little changed quarter-over-quarter from $201.3 million in Q4 2025.
Precision Drilling (PDS) Payables (2009 - 2026) Analysis & Trends
Precision Drilling has reported Payables for 18 years, with the latest figure at $201.6 million in Q1 2026.
- For the quarter ending Q1 2026, Payables rose 6.46% year-over-year to $201.6 million; the trailing twelve-month figure through Mar 2026 stood at $201.6 million (up 6.46% YoY), and the FY2025 full-year result was $200.9 million, down 12.52% from the prior year.
- Payables for Q1 2026 stood at $201.6 million, roughly flat from $201.3 million in the prior quarter.
- The five-year high for Payables was $288.8 million in Q4 2022, with the low at $111.2 million in Q4 2023.
- Historically, Payables has averaged $201.3 million across 5 years, with a median of $201.3 million in 2025.
- Annual changes were most pronounced in 2023 — Payables tumbled 61.51% — and 2024, when it soared 102.42%.
- Precision Drilling's Payables stood at $288.8 million in 2022, then plunged by 61.51% to $111.2 million in 2023, then soared by 102.42% to $225.0 million in 2024, then retreated by 10.57% to $201.3 million in 2025, then increased by 0.17% to $201.6 million in 2026.
- The last three Payables figures came in at $201.6 million (Q1 2026), $201.3 million (Q4 2025), and $192.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 201.58 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 307.60 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 229.00 Mn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | 442.42 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 202.63 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 80.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | 1.07 Bn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 322.84 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 43.50 Mn |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 398.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 201.58 Mn |
| Dec 31, 2025 | 201.25 Mn |
| Sep 30, 2025 | 192.05 Mn |
| Jun 30, 2025 | 181.08 Mn |
| Mar 31, 2025 | 189.35 Mn |
| Dec 31, 2024 | 225.03 Mn |
| Sep 30, 2024 | 207.31 Mn |
| Jun 30, 2024 | 212.35 Mn |
| Mar 31, 2024 | 197.62 Mn |
| Dec 31, 2023 | 111.17 Mn |
| Sep 30, 2023 | 209.25 Mn |
| Jun 30, 2023 | 194.68 Mn |
| Mar 31, 2023 | 183.55 Mn |
| Dec 31, 2022 | 288.83 Mn |
| Sep 30, 2022 | 245.63 Mn |
| Jun 30, 2022 | 210.74 Mn |
| Mar 31, 2022 | 170.20 Mn |
| Dec 31, 2021 | 177.80 Mn |
| Sep 30, 2021 | 157.40 Mn |
| Jun 30, 2021 | 135.29 Mn |