Precision Drilling (PDS) Total Debt (2009 - 2026)
Precision Drilling (PDS) reported Total Debt of $484.1 million for Q1 2026, down 12.96% on a YoY basis from $556.2 million in Q1 2025, and down 0.62% quarter-over-quarter from $487.1 million in Q4 2025.
Precision Drilling (PDS) Total Debt (2009 - 2026) Analysis & Trends
Precision Drilling has reported Total Debt for 18 years, with the latest figure at $484.1 million in Q1 2026.
- For the quarter ending Q1 2026, Total Debt fell 12.96% year-over-year to $484.1 million; the trailing twelve-month figure through Mar 2026 stood at $484.1 million (down 12.96% YoY), and the FY2025 full-year result was $486.2 million, down 18.07% from the prior year.
- Total Debt for Q1 2026 stood at $484.1 million, down from $487.1 million in the prior quarter.
- The five-year high for Total Debt was $953.4 million in Q3 2022, with the low at $484.1 million in Q1 2026.
- Historically, Total Debt has averaged $679.3 million across 5 years, with a median of $674.1 million in 2023.
- Annual changes were most pronounced in 2022 — Total Debt climbed 3.01% — and 2023, when it decreased 24.41%.
- Precision Drilling's Total Debt 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 0.62% to $484.1 million in 2026.
- The last three Total Debt figures came in at $484.1 million (Q1 2026), $487.1 million (Q4 2025), and $499.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 484.09 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 1.92 Bn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 5.27 Bn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | 1.22 Bn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 2.00 Bn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 614.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | 956.30 Mn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 2.12 Bn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 2.30 Bn |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 1.09 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 933.54 Mn |