Precision Drilling (PDS) Tax Rate (2009 - 2026)
Precision Drilling (PDS) recorded Tax Rate of 32.13% in Q3 2026, down 87.48 percentage points from 119.61% a year earlier and down 74.14 percentage points from the prior quarter.
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Analysis
Precision Drilling (PDS) Tax Rate (2009 - 2026) Analysis & Trends
On a TTM basis, Precision Drilling's Tax Rate came in at 106.20% as of Sep 30, 2026, up 59.93 percentage points year-over-year; for FY2025, it was 131.99%, up 104.02 percentage points from FY2024.
- Across earlier years, Tax Rate came in at 27.97% in FY2024.
- Quarterly Tax Rate has ranged from 4.49% in Q3 2022 to 119.61% in Q3 2025 over the past five years.
- On a year-over-year basis, Tax Rate rose in four of the last six quarters, with an average year-over-year change of +15.71 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 97.78 percentage points in Q3 2025, against a drop of 87.48 percentage points in Q3 2026 at the low end.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn | 23.45% |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn | 18.69% |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn | 18.32% |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn | 19.94% |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn | 830.35% |
| 6 | Nov | 6.45 Bn | 1.39 Bn | 439.00 Mn | 22.76% |
| 7 | Weatherford International | 6.27 Bn | 2.04 Bn | 374.00 Mn | 3.10% |
| 8 | Transocean | 6.19 Bn | 4.23 Bn | 348.00 Mn | - |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn | 53.94% |
| 10 | Precision Drilling | 1.32 Bn | 1.17 Bn | 111.41 Mn | 32.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 32.13% |
| Jun 30, 2026 | 106.27% |
| Mar 31, 2026 | 31.46% |
| Sep 30, 2025 | 119.61% |
| Jun 30, 2025 | 29.08% |
| Mar 31, 2025 | 26.80% |
| Dec 31, 2024 | 14.07% |
| Sep 30, 2024 | 21.83% |
| Jun 30, 2024 | 29.37% |
| Mar 31, 2024 | 24.39% |
| Sep 30, 2023 | 21.13% |
| Jun 30, 2023 | 38.67% |
| Mar 31, 2023 | 15.41% |
| Dec 31, 2022 | 58.64% |
| Sep 30, 2022 | 4.49% |
| Jun 30, 2022 | 4.98% |
| Mar 31, 2019 | 19.82% |
| Mar 31, 2015 | 45.84% |
| Sep 30, 2014 | 10.94% |
| Mar 31, 2014 | 3.40% |
API Access
Precision Drilling Tax Rate 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-rate&ticker=PDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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-rate&ticker=PDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();