Growth Metrics

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

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DateValue
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