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| Date | Value |
|---|---|
| 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% |