Precision Drilling (PDS) Return on Capital Employed (2009 - 2026)

Precision Drilling (PDS) reported Return on Capital Employed of 19.54% for Q1 2026, down 217.0% on a YoY basis from 16.7% in Q1 2025, and down 0.61% quarter-over-quarter from 19.66% in Q4 2025.

Precision Drilling (PDS) Return on Capital Employed (2009 - 2026) Analysis & Trends

Precision Drilling has reported Return on Capital Employed for 18 years, with the latest figure at 19.54% in Q1 2026.

  • For the quarter ending Q1 2026, Return on Capital Employed fell 217.0% year-over-year to 19.54%; the trailing twelve-month figure through Mar 2026 stood at 19.54% (down 217.0% YoY), and the FY2025 full-year result was 19.04%, down 47.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 19.54%, down from 19.66% in the prior quarter.
  • The five-year high for Return on Capital Employed was 24.06% in Q4 2023, with the low at 1.23% in Q1 2022.
  • Historically, Return on Capital Employed has averaged 17.26% across 5 years, with a median of 19.85% in 2024.
  • Annual changes were most pronounced in 2023 — Return on Capital Employed jumped 1983 bps — and 2024, when it sank 373 bps.
  • Precision Drilling's Return on Capital Employed stood at 12.67% in 2022, then jumped by 90 bps to 24.06% in 2023, then slipped by 15 bps to 20.33% in 2024, then retreated by 3 bps to 19.66% in 2025, then retreated by 1 bps to 19.54% in 2026.
  • The last three Return on Capital Employed figures came in at 19.54% (Q1 2026), 19.66% (Q4 2025), and 19.19% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn 19.54%
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn 6.68%
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn 0.02%
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn -1.52%
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn -4.09%
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn 1.49%
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn -71.06%
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn -37.93%
9 Borr Drilling 1.40 Bn 1.16 Bn - 9.32%
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn 7.77%

Historic Data

Download Data
DateValue
Mar 31, 2026 19.54%
Dec 31, 2025 19.66%
Sep 30, 2025 19.19%
Jun 30, 2025 21.29%
Mar 31, 2025 21.71%
Dec 31, 2024 20.33%
Sep 30, 2024 21.37%
Jun 30, 2024 19.85%
Mar 31, 2024 20.38%
Dec 31, 2023 24.06%
Sep 30, 2023 22.20%
Jun 30, 2023 22.08%
Mar 31, 2023 18.60%
Dec 31, 2022 12.67%
Sep 30, 2022 8.68%
Jun 30, 2022 3.10%
Mar 31, 2022 -1.23%
Dec 31, 2021 -3.34%
Sep 30, 2021 -3.71%
Jun 30, 2021 -3.81%