Precision Drilling (PDS) Total Debt (2009 - 2026)
Precision Drilling (PDS) recorded Total Debt of $452.79 million in Q2 2026, down 8.1% from $492.65 million a year earlier and down 6.5% from the prior quarter.
Precision Drilling (PDS) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Precision Drilling reported Total Debt of $486.18 million, down 18.1% from FY2024.
- Annual Total Debt has declined for ten straight years, with a five-year compound annual growth rate of -12.0% (FY2020 to FY2025).
- Across earlier years, Total Debt came in at $593.43 million in FY2024 (-12.8%), $680.15 million in FY2023 (-18.7%), $837.05 million in FY2022 (-5.4%) and $884.95 million in FY2021 (-4.2%).
- The Q2 2026 figure is the lowest quarterly Total Debt since Q2 2011.
- On a year-over-year basis, Total Debt has declined for 15 consecutive quarters, with an average decline of 15.6% over the last eight quarters.
- Peak year-over-year performance for Total Debt in the last five years was growth of 3.0% in Q3 2022, against a decline of 24.4% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $484.09 million (Q1 2026), $487.11 million (Q4 2025) and $499.73 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.12 Bn | 72.05 Bn | 1.40 Bn | 12.80 Bn |
| 2 | Baker Hughes | 55.58 Bn | 18.68 Bn | 1.58 Bn | 16.25 Bn |
| 3 | Halliburton | 28.36 Bn | 20.08 Bn | 804.00 Mn | 90.00 Mn |
| 4 | TechnipFMC | 27.79 Bn | 23.92 Bn | 684.70 Mn | 401.90 Mn |
| 5 | Noble | 7.02 Bn | 4.96 Bn | 239.27 Mn | 1.89 Bn |
| 6 | Nov | 6.92 Bn | 1.66 Bn | 521.00 Mn | 1.71 Bn |
| 7 | Transocean | 6.76 Bn | 4.47 Bn | 358.00 Mn | 5.12 Bn |
| 8 | Valaris | 6.36 Bn | 3.97 Bn | 123.70 Mn | 1.09 Bn |
| 9 | Weatherford International | 6.16 Bn | 2.09 Bn | 333.00 Mn | 1.48 Bn |
| 10 | Precision Drilling | 1.23 Bn | 1.06 Bn | 89.29 Mn | 440.80 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 440.80 Mn |
| Mar 31, 2026 | 476.63 Mn |
| Dec 31, 2025 | 496.02 Mn |
| Sep 30, 2025 | 494.20 Mn |
| Jun 30, 2025 | 498.93 Mn |
| Mar 31, 2025 | 557.72 Mn |
| Dec 31, 2024 | 573.07 Mn |
| Sep 30, 2024 | 583.29 Mn |
| Jun 30, 2024 | 617.28 Mn |
| Mar 31, 2024 | 692.98 Mn |
| Dec 31, 2023 | 702.25 Mn |
| Sep 30, 2023 | 716.12 Mn |
| Jun 30, 2023 | 729.34 Mn |
| Mar 31, 2023 | 860.76 Mn |
| Dec 31, 2022 | 813.78 Mn |
| Sep 30, 2022 | 909.29 Mn |
| Jun 30, 2022 | 886.39 Mn |
| Mar 31, 2022 | 942.68 Mn |
| Dec 31, 2021 | 883.61 Mn |
| Sep 30, 2021 | 913.50 Mn |
Precision Drilling Total Debt 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=total-debt&ticker=PDS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=PDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();