Precision Drilling (PDS) Total Debt (2009 - 2026)
Precision Drilling's (PDS) quarterly Total Debt came in at $452.8 million in Q2 2026, down 8.09% YoY from $492.6 million in Q2 2025, and down 6.47% on a QoQ basis from $484.1 million in Q1 2026.
Precision Drilling (PDS) Total Debt (2009 - 2026) Analysis & Trends
Precision Drilling (PDS) has 18 years of Total Debt data on file, last reported at $452.8 million in Q2 2026.
- Quarterly Total Debt fell 8.09% year-over-year to $452.8 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $452.8 million (down 8.09% YoY) and the FY2025 annual result came in at $486.2 million, down 16.41% from the prior year.
- Total Debt eased to $452.8 million in Q2 2026, from $484.1 million in the prior quarter.
- In the past five years, Total Debt ranged from a high of $953.4 million in Q3 2022 to a low of $452.8 million in Q2 2026.
- A 5-year average of $666.7 million and a median of $646.2 million in 2023 frame the typical range for Total Debt.
- Annual changes were most pronounced in 2022 — Total Debt climbed 3.01% — and 2023, when it decreased 24.41%.
- Tracing PDS's Total Debt over 5 years: stood at $801.7 million in 2022, then dropped by 15.92% to $674.1 million in 2023, then declined by 13.72% to $581.6 million in 2024, then fell by 16.25% to $487.1 million in 2025, then fell by 7.05% to $452.8 million in 2026.
- The last three Total Debt figures came in at $452.8 million (Q2 2026), $484.1 million (Q1 2026), and $487.1 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn | 1.89 Bn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn | 5.12 Bn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn | 1.23 Bn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 1.87 Bn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | 737.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | 2.49 Bn |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | 2.12 Bn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn | 452.79 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | 1.09 Bn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - | 968.84 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 452.79 Mn |
| Mar 31, 2026 | 484.09 Mn |
| Dec 31, 2025 | 487.11 Mn |
| Sep 30, 2025 | 499.73 Mn |
| Jun 30, 2025 | 492.65 Mn |
| Mar 31, 2025 | 556.17 Mn |
| Dec 31, 2024 | 581.61 Mn |
| Sep 30, 2024 | 577.62 Mn |
| Jun 30, 2024 | 618.28 Mn |
| Mar 31, 2024 | 696.11 Mn |
| Dec 31, 2023 | 674.07 Mn |
| Sep 30, 2023 | 720.66 Mn |
| Jun 30, 2023 | 719.42 Mn |
| Mar 31, 2023 | 860.94 Mn |
| Dec 31, 2022 | 801.72 Mn |
| Sep 30, 2022 | 953.38 Mn |
| Jun 30, 2022 | 895.69 Mn |
| Mar 31, 2022 | 928.96 Mn |
| Dec 31, 2021 | 879.82 Mn |
| Sep 30, 2021 | 925.54 Mn |