Precision Drilling (PDS) Retained Earnings (2009 - 2026)
Precision Drilling's (PDS) quarterly Retained Earnings came in at $135.5 million in Q2 2026, up 17.79% YoY from $115.0 million in Q2 2025, and up 6.57% on a QoQ basis from $127.1 million in Q1 2026.
Precision Drilling (PDS) Retained Earnings (2009 - 2026) Analysis & Trends
Precision Drilling (PDS) has 18 years of Retained Earnings data on file, last reported at $135.5 million in Q2 2026.
- Quarterly Retained Earnings rose 17.79% year-over-year to $135.5 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $135.5 million (up 17.79% YoY) and the FY2025 annual result came in at $118.1 million, down 17.1% from the prior year.
- Retained Earnings climbed to $135.5 million in Q2 2026, from $127.1 million in the prior quarter.
- In the past five years, Retained Earnings ranged from a high of $426.6 million in Q4 2022 to a low of -$743.4 million in Q4 2023.
- A 5-year average of $90.7 million and a median of $119.5 million in 2023 frame the typical range for Retained Earnings.
- Annual changes were most pronounced in 2023 — Retained Earnings plunged 274.25% — and 2024, when it surged 119.17%.
- Tracing PDS's Retained Earnings over 5 years: stood at $426.6 million in 2022, then sank by 274.25% to -$743.4 million in 2023, then jumped by 119.17% to $142.5 million in 2024, then fell by 16.94% to $118.3 million in 2025, then increased by 14.5% to $135.5 million in 2026.
- The last three Retained Earnings figures came in at $135.5 million (Q2 2026), $127.1 million (Q1 2026), and $118.3 million (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.42 Bn | 6.96 Bn | 273.38 Mn | 207.83 Mn |
| 2 | Transocean | 6.64 Bn | 5.84 Bn | 358.00 Mn | 15.62 Bn |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.42 Bn | 597.25 Mn | -1.38 Bn |
| 4 | Helmerich & Payne | 4.35 Bn | 4.12 Bn | 349.94 Mn | 2.46 Bn |
| 5 | Seadrill | 2.94 Bn | 2.58 Bn | 234.00 Mn | 1.97 Bn |
| 6 | Borr Drilling | 1.39 Bn | 1.16 Bn | - | -1.50 Bn |
| 7 | Nabors Industries | 1.30 Bn | 793.36 Mn | 309.38 Mn | -1.89 Bn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | -632.69 Mn |
| 9 | Valaris | 880.11 Mn | 338.91 Mn | 123.70 Mn | 2.42 Bn |
| 10 | Sable Offshore | 811.86 Mn | 790.26 Mn | - | 1.76 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 135.49 Mn |
| Mar 31, 2026 | 127.14 Mn |
| Dec 31, 2025 | 118.33 Mn |
| Sep 30, 2025 | 127.49 Mn |
| Jun 30, 2025 | 115.03 Mn |
| Mar 31, 2025 | 137.87 Mn |
| Dec 31, 2024 | 142.47 Mn |
| Sep 30, 2024 | 116.26 Mn |
| Jun 30, 2024 | 120.76 Mn |
| Mar 31, 2024 | 118.42 Mn |
| Dec 31, 2023 | -743.37 Mn |
| Sep 30, 2023 | 120.51 Mn |
| Jun 30, 2023 | 109.43 Mn |
| Mar 31, 2023 | 117.05 Mn |
| Dec 31, 2022 | 426.60 Mn |
| Sep 30, 2022 | 129.68 Mn |
| Jun 30, 2022 | 110.89 Mn |
| Mar 31, 2022 | 103.09 Mn |
| Dec 31, 2021 | 374.77 Mn |
| Sep 30, 2021 | 107.56 Mn |