Precision Drilling (PDS) Return on Capital Employed (2009 - 2026)
Precision Drilling posted quarterly Return on Capital Employed of 19.54% for Q1 2026, down 217.0% year-on-year from 16.7% in Q1 2025, and down 0.61% on a QoQ basis from 19.66% in Q4 2025.
Precision Drilling (PDS) has 18 years of Return on Capital Employed data on file, last reported 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 19.26%, down 12.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 19.54%, down from 19.66% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 24.06% in Q4 2023 and bottomed at 1.23% in Q1 2022.
- The 5-year median for Return on Capital Employed is 19.85% (2024), against an average of 17.26%.
- The widest annual swing landed in 2023, when Return on Capital Employed jumped 1983 bps; it then tumbled 373 bps in 2024.
- A 5-year view of Return on Capital Employed shows it stood at 12.67% in 2022, then surged by 90 bps to 24.06% in 2023, then dropped by 15 bps to 20.33% in 2024, then decreased by 3 bps to 19.66% in 2025, then decreased 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 | 157.47 Bn | 157.41 Bn | 120.82 Mn | 19.54% |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 6.68% |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 0.02% |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | -1.52% |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | -4.09% |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 1.49% |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | -71.06% |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | -37.93% |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | 9.99% |
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% |
| Mar 31, 2021 | -2.86% |
| Dec 31, 2020 | -1.43% |
| Sep 30, 2020 | -0.51% |
| Jun 30, 2020 | 1.02% |
| Mar 31, 2020 | 1.77% |
| Dec 31, 2019 | 2.99% |
| Sep 30, 2019 | -2.72% |
| Jun 30, 2019 | -3.52% |
| Mar 31, 2019 | -3.48% |
| Dec 31, 2018 | -4.87% |
| Sep 30, 2018 | -0.31% |
| Jun 30, 2018 | -0.49% |
| Dec 31, 2017 | -1.75% |
| Sep 30, 2017 | -2.04% |
| Jun 30, 2017 | -2.43% |
| Mar 31, 2017 | -3.83% |
| Dec 31, 2016 | -3.30% |
| Sep 30, 2016 | -11.19% |
| Jun 30, 2016 | -12.51% |
| Mar 31, 2016 | -11.33% |
| Dec 31, 2015 | -9.46% |
| Sep 30, 2015 | -2.02% |
| Jun 30, 2015 | 1.88% |
| Mar 31, 2015 | 2.97% |
| Dec 31, 2014 | 4.75% |
| Sep 30, 2014 | 7.51% |
| Jun 30, 2014 | 7.07% |
| Mar 31, 2014 | 7.14% |
| Dec 31, 2013 | 7.48% |
| Sep 30, 2013 | 2.30% |
| Jun 30, 2013 | 2.84% |
| Mar 31, 2013 | 3.23% |
| Dec 31, 2012 | 4.22% |
| Sep 30, 2012 | 7.80% |
| Jun 30, 2012 | 8.92% |
| Mar 31, 2012 | 9.49% |
| Dec 31, 2011 | 8.53% |
| Sep 30, 2011 | 10.14% |
| Jun 30, 2011 | 7.46% |
| Mar 31, 2011 | 6.54% |
| Dec 31, 2010 | 4.34% |
| Sep 30, 2010 | 1.50% |
| Jun 30, 2010 | 2.67% |
| Mar 31, 2010 | 2.75% |
| Dec 31, 2009 | 3.47% |
| Sep 30, 2009 | 9.16% |
| Jun 30, 2009 | 8.79% |
| Mar 31, 2009 | 10.13% |