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.
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 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
| 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% |
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_KEY
import 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();