Precision Drilling (PDS) Tax Rate (2009 - 2026)

Precision Drilling has reported Tax Rate for 18 years, with the latest figure at 34.05% 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 139.44% (up 11063.0% YoY), and the FY2025 full-year result was 94.47%, up 6650.0% from the prior year.
• Tax Rate for Q1 2026 stood at 34.05%, up from 7.6% in the prior quarter.
• The five-year high for Tax Rate was 123.77% in Q3 2025, with the low at 87.82% in Q4 2023.
• Historically, Tax Rate has averaged 24.09% across 5 years, with a median of 27.69% in 2024.
• Annual changes were most pronounced in 2023 — Tax Rate plunged 16054 bps — and 2024, when it jumped 11551 bps.
• Precision Drilling's Tax Rate stood at 72.73% in 2022, then plunged by 221 bps to 87.82% in 2023, then jumped by 132 bps to 27.69% in 2024, then slumped by 73 bps to 7.6% in 2025, then jumped by 348 bps to 34.05% in 2026.
• The last three Tax Rate figures came in at 34.05% (Q1 2026), 7.6% (Q4 2025), and 123.77% (Q3 2025), per Business Quant data.