Precision Drilling (PDS) Tax Provisions (2009 - 2026)
Precision Drilling's Tax Provisions was $7.5 million in Q3 2026, down 68.3% from $23.66 million a year earlier but up 210.7% from the prior quarter.
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Analysis
Precision Drilling (PDS) Tax Provisions (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Precision Drilling's Tax Provisions was $13.65 million through Sep 30, 2026, down 66.0% year-over-year; for FY2025, it was $52.83 million, up 67.3% from FY2024.
- Tax Provisions shows a five-year compound annual growth rate of 45.2% (FY2020 to FY2025).
- In earlier years, Tax Provisions was $31.57 million in FY2024, -$17.39 million in FY2023, $15.5 million in FY2022 and -$6.86 million in FY2021.
- Quarterly Tax Provisions has moved between -$50.75 million (Q4 2023) and $23.66 million (Q3 2025) over five years.
- Compared with a year earlier, Tax Provisions has declined for three straight quarters, with growth averaging 0.7% over the last six quarters.
- The best year-over-year quarter for Tax Provisions over five years was Q2 2023 (growth of 425.1%); the worst was Q3 2026 (a decline of 68.3%).
- Per Business Quant data, PDS's Tax Provisions in the three quarters before Q3 2026 was $2.41 million (Q2 2026), $6.21 million (Q1 2026) and -$2.47 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn | 239.00 Mn |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn | 97.00 Mn |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn | 94.00 Mn |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn | 104.30 Mn |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn | 133.05 Mn |
| 6 | Nov | 6.45 Bn | 1.39 Bn | 439.00 Mn | 28.00 Mn |
| 7 | Weatherford International | 6.27 Bn | 2.04 Bn | 374.00 Mn | 4.00 Mn |
| 8 | Transocean | 6.19 Bn | 4.23 Bn | 348.00 Mn | -101.00 Mn |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn | 54.70 Mn |
| 10 | Precision Drilling | 1.32 Bn | 1.17 Bn | 111.41 Mn | 7.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.50 Mn |
| Jun 30, 2026 | 2.41 Mn |
| Mar 31, 2026 | 6.21 Mn |
| Dec 31, 2025 | -2.47 Mn |
| Sep 30, 2025 | 23.66 Mn |
| Jun 30, 2025 | 5.19 Mn |
| Mar 31, 2025 | 9.20 Mn |
| Dec 31, 2024 | 2.08 Mn |
| Sep 30, 2024 | 8.49 Mn |
| Jun 30, 2024 | 6.70 Mn |
| Mar 31, 2024 | 8.98 Mn |
| Dec 31, 2023 | -50.75 Mn |
| Sep 30, 2023 | 4.36 Mn |
| Jun 30, 2023 | 13.15 Mn |
| Mar 31, 2023 | 13.03 Mn |
| Dec 31, 2022 | 5.52 Mn |
| Sep 30, 2022 | 4.11 Mn |
| Jun 30, 2022 | 2.50 Mn |
| Mar 31, 2022 | -202,895.18 |
| Dec 31, 2021 | -58,706.87 |
API Access
Precision Drilling Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=PDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "PDS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=PDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();