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
DateValue
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%