Precision Drilling (PDS) Tax Rate (2010 - 2026)

Precision Drilling (PDS) has reported Tax Rate for 9 consecutive years, with 34.05% the latest figure, recorded in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate rose 500.0% year-over-year to 34.05%; the trailing twelve-month figure through Mar 2026 stood at 81.12% (up 4745.0% YoY), and the FY2025 full-year result was 94.47%, up 6650.0% from the prior year.
• Tax Rate improved to 34.05% in Q1 2026 per PDS's latest filing, from 7.6% in the prior quarter.
• Across five years, Tax Rate topped out at 42.04% in Q2 2024 and bottomed at 1.65% in Q1 2022.
• Historically, Tax Rate has averaged 23.54% across 5 years, with a median of 28.37% in 2024.
• The sharpest annual moves came in 2023 and 2025: Tax Rate jumped 1780 bps in 2023, then slumped 2009 bps in 2025.
• Over 5 years, Tax Rate stood at 1.65% in 2022, then surged by 1077 bps to 16.15% in 2023, then soared by 71 bps to 27.69% in 2024, then plunged by 73 bps to 7.6% in 2025, then soared by 348 bps to 34.05% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 34.05%, 7.6%, and 33.39% for Q1 2026, Q4 2025, and Q2 2025 respectively.