Precision Drilling (PDS) Tax Rate (2012 - 2014)
Precision Drilling posted quarterly Tax Rate of 0.01% for Q3 2014, little changed year-on-year from 0.01% in Q3 2013, and up 103.45% on a QoQ basis from 0.38% in Q2 2014.
Precision Drilling (PDS) has 3 years of Tax Rate data on file, last reported at 0.01% in Q3 2014.
- For the quarter ending Q3 2014, Tax Rate changed 0.0% year-over-year to 0.01%; the trailing twelve-month figure through Sep 2014 stood at 0.01% (up 8.0% YoY), and the FY2024 full-year result was 27.97%, up 3680.0% from the prior year.
- Tax Rate for Q3 2014 stood at 0.01%, up from 0.38% in the prior quarter.
- Across five years, Tax Rate topped out at 0.03% in Q2 2012 and bottomed at 0.38% in Q2 2014.
- The 3-year median for Tax Rate is 0.01% (2013), against an average of 0.04%.
- The widest annual swing landed in 2013, when Tax Rate changed 0 bps; it then fell 27 bps in 2014.
- A 3-year view of Tax Rate shows it stood at 0.02% in 2012, then declined by 16 bps to 0.01% in 2013, then declined by 6 bps to 0.01% in 2014.
- The last three Tax Rate figures came in at 0.01% (Q3 2014), 0.38% (Q2 2014), and 0.01% (Q1 2014), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | - |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 37.67 |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | -317.65 |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | 12.81 |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | -19.97 |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 143.75 |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | - |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 55.93 |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | -108.93 |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2014 | 0.01 |
| Sep 30, 2014 | 0.01 |
| Jun 30, 2014 | -0.38 |
| Jun 30, 2014 | -0.38 |
| Mar 31, 2014 | 0.01 |
| Mar 31, 2014 | 0.01 |
| Sep 30, 2013 | 0.01 |
| Sep 30, 2013 | 0.01 |
| Jun 30, 2013 | -0.11 |
| Jun 30, 2013 | -0.11 |
| Mar 31, 2013 | 0.02 |
| Mar 31, 2013 | 0.02 |
| Sep 30, 2012 | 0.02 |
| Sep 30, 2012 | 0.02 |
| Jun 30, 2012 | 0.03 |
| Jun 30, 2012 | 0.03 |
| Mar 31, 2012 | 0.02 |
| Mar 31, 2012 | 0.02 |