Precision Drilling (PDS) Return on Equity (2011 - 2024)
Precision Drilling (PDS) reported Return on Equity of 0.0% for Q2 2024, little changed on a YoY basis from 0.0% in Q3 2023, and down 4.35% quarter-over-quarter from 0.0% in Q1 2024.
Precision Drilling (PDS) Return on Equity (2011 - 2024) Analysis & Trends
Precision Drilling has reported Return on Equity for 14 years, with the latest figure at 0.0% in Q2 2024.
- For the quarter ending Q2 2024, Return on Equity changed 0.0% year-over-year to 0.0%; the trailing twelve-month figure through Jun 2024 stood at 0.0% (changed 0.0% YoY), and the FY2024 full-year result was 0.0%, changed 0.0% from the prior year.
- Return on Equity for Q2 2024 stood at 0.0%, down from 0.0% in the prior quarter.
- The five-year high for Return on Equity was 0.0% in Q4 2023, with the low at 1.5% in Q2 2021.
- Historically, Return on Equity has averaged 0.08% across 5 years, with a median of 0.0% in 2020.
- Annual changes were most pronounced in 2021 — Return on Equity sank 150 bps — and 2022, when it soared 150 bps.
- Precision Drilling's Return on Equity stood at 0.0% in 2020, then sank by 76 bps to 0.0% in 2021, then jumped by 79 bps to 0.0% in 2022, then soared by 749 bps to 0.0% in 2023, then decreased by 30 bps to 0.0% in 2024.
- The last three Return on Equity figures came in at 0.0% (Q2 2024), 0.0% (Q1 2024), and 0.0% (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | - |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 0.00% |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 0.00% |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | 0.00% |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 0.00% |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 0.00% |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | -0.01% |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 0.01% |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 0.00% |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 0.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 0.00% |
| Mar 31, 2024 | 0.00% |
| Dec 31, 2023 | 0.00% |
| Sep 30, 2023 | 0.00% |
| Jun 30, 2023 | 0.00% |
| Mar 31, 2023 | 0.00% |
| Dec 31, 2022 | 0.00% |
| Sep 30, 2022 | 0.00% |
| Jun 30, 2022 | 0.00% |
| Mar 31, 2022 | 0.00% |
| Dec 31, 2021 | 0.00% |
| Sep 30, 2021 | 0.00% |
| Jun 30, 2021 | -1.50% |
| Mar 31, 2021 | 0.00% |
| Dec 31, 2020 | 0.00% |
| Sep 30, 2020 | 0.00% |
| Jun 30, 2020 | 0.00% |
| Mar 31, 2020 | 0.00% |
| Dec 31, 2019 | 0.00% |
| Sep 30, 2019 | 0.00% |