Precision Drilling Corporation (PDS) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 26, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 40-F for FY2025, filed Mar 9, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the PDS SEC filings page.
Precision Drilling Corporation (PDS) reported $1.3B in revenue for fiscal year 2025, up 1.8% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Scored against energy companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Precision Drilling Corporation's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Precision Drilling Corporation's revenue grew a modest 1.8% year-over-year to $1.3B. This slow but positive growth earns a score of 31/100.
Precision Drilling Corporation carries a low D/E ratio of 0.43, meaning only $0.43 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 69/100, indicating a strong balance sheet with room for future borrowing.
Precision Drilling Corporation's current ratio of 1.62 indicates adequate short-term liquidity, earning a score of 63/100. The company can meet its near-term obligations, though with limited headroom.
Precision Drilling Corporation converts 8.1% of revenue into free cash flow ($109.0M). This strong cash generation earns a score of 75/100.
Precision Drilling Corporation's ROE of 0.1% shows moderate profitability relative to equity, earning a score of 58/100. This is down from 6.6% the prior year.
Precision Drilling Corporation passes 7 of 9 financial strength tests. 3 of 4 profitability signals pass, all 3 leverage/liquidity signals pass, 1 of 2 operating efficiency signals passes.
Precision Drilling Corporation reported $1.3M of net income while generating $301.1M in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead.
Key Financial Metrics
Earnings & Revenue
Precision Drilling Corporation generated $1.3B in revenue in fiscal year 2025. This represents an increase of 1.8% from the prior year.
Precision Drilling Corporation reported $1.3M in net income in fiscal year 2025. This represents a decrease of 98.3% from the prior year.
Precision Drilling Corporation earned $0.10 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 98.1% from the prior year.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Precision Drilling Corporation generated $109.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 40.9% from the prior year.
Precision Drilling Corporation held $62.6M in cash against $495.4M in long-term debt as of fiscal year 2025.
Not reported for fiscal year 2025.
Margins & Returns
Precision Drilling Corporation's gross margin was 32.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 1.6 percentage points from the prior year.
Precision Drilling Corporation's net profit margin was 0.1% in fiscal year 2025, showing the share of revenue converted to profit. This is down 5.8 percentage points from the prior year.
Precision Drilling Corporation's ROE was 0.1% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 6.5 percentage points from the prior year.
Not reported for fiscal year 2025.
Capital Allocation
Precision Drilling Corporation spent $56.1M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 6.8% from the prior year.
Precision Drilling Corporation invested $192.1M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 27.7% from the prior year.
Not reported for fiscal year 2025.
PDS Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2540-F | FY2440-F | FY2340-F | FY2240-F | FY2140-F | FY2040-F | FY1940-F | FY1840-F | FY1740-F | FY1640-F |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.3B+1.8% | $1.3B-10.0% | $1.5B+22.8% | $1.2B+54.7% | $772.4M+5.3% | $733.8M-38.3% | $1.2B+5.3% | $1.1B+7.0% | $1.1B+41.3% | $747.2M |
| Cost of Revenue | $904.1M+4.3% | $867.1M-5.0% | $912.4M+9.8% | $831.1M+52.1% | $546.4M+19.4% | $457.5M-42.9% | $801.5M+2.5% | $782.2M+5.7% | $739.9M | N/A |
| Gross Profit | $440.5M-2.9% | $453.9M-18.3% | $555.5M+52.6% | $364.0M+61.1% | $226.0M-18.2% | $276.3M-28.7% | $387.6M+11.6% | $347.4M+10.1% | $315.6M | N/A |
| Operating Income | N/A | N/A | $462.9M+101.0% | $230.3M+52.6% | $150.9M+369.4% | $32.1M-56.0% | $73.0Mn/m | -$145.2Mn/m | -$70.4Mn/m | -$116.2M |
| EBITDA | N/A | N/A | $688.3M+57.7% | $436.5M+17.4% | $371.8M+32.7% | $280.2M-15.2% | $330.3M+151.8% | $131.2M-43.3% | $231.4M+31.8% | $175.5M |
| Interest Expense | $37.7M-14.9% | $44.3M-23.7% | $58.0M-3.2% | $59.9M-3.0% | $61.8M-20.1% | $77.3M-9.5% | $85.4M-4.3% | $89.3M-13.0% | $102.6M-0.5% | $103.0M |
| Income Tax | $38.5M+28.3% | $30.0Mn/m | -$17.8M-219.4% | $14.9Mn/m | -$4.2M-149.2% | $8.6Mn/m | -$11.5Mn/m | -$21.5Mn/m | -$79.9Mn/m | -$114.0M |
| Net Income | $1.3M-98.3% | $77.2M-64.8% | $219.1Mn/m | -$25.3Mn/m | -$138.8Mn/m | -$94.2M-1945.1% | $5.1Mn/m | -$215.7Mn/m | -$105.5Mn/m | -$115.9M |
| EPS (Basic) | $0.10-98.1% | $5.42-66.0% | $15.93n/m | -$1.87n/m | -$10.43n/m | -$6.87 | $0.35 | -$0.73n/m | -$0.36n/m | -$0.39 |
| EPS (Diluted) | $0.10-98.1% | $5.42-63.3% | $14.79n/m | -$1.87n/m | -$10.43n/m | -$6.87 | $0.35 | -$0.73n/m | -$0.36n/m | -$0.39 |
| Diluted Shares (Avg) | 13M-6.3% | 14M-6.9% | 15M+12.9% | 14M+1.7% | 13M-3.0% | 14M | 15M | 294M+0.1% | 293M0.0% | 293M |
Not reported in any period shown, so not listed: R&D Expenses, SG&A Expenses.
PDS Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2540-F | FY2440-F | FY2340-F | FY2240-F | FY2140-F | FY2040-F | FY1940-F | FY1840-F | FY1740-F | FY1640-F |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.0B-3.1% | $2.1B-10.2% | $2.3B+7.6% | $2.1B+2.0% | $2.1B-8.4% | $2.3B-9.9% | $2.5B-5.3% | $2.7B-14.3% | $3.1B-3.4% | $3.2B |
| Current Assets | $355.1M+2.0% | $348.1M-10.0% | $387.0M+11.3% | $347.8M+39.0% | $250.3M-6.8% | $268.4M-16.7% | $322.3M-15.9% | $383.1M+8.6% | $352.9M+0.5% | $351.3M |
| Cash & Equivalents | $62.6M+22.1% | $51.2M+24.8% | $41.0M+157.3% | $16.0M-49.8% | $31.8M-62.8% | $85.3M+48.0% | $57.6M-18.6% | $70.8M+36.2% | $52.0M-39.7% | $86.2M |
| Inventory | $35.7M+18.8% | $30.1M+12.5% | $26.7M+2.8% | $26.0M+41.7% | $18.3M-11.0% | $20.6M-15.8% | $24.5M-2.0% | $25.0M+26.9% | $19.7M+9.5% | $18.0M |
| Accounts Receivable | $256.8M-2.4% | $263.0M-17.6% | $319.2M+4.4% | $305.9M+52.8% | $200.2M+23.2% | $162.5M-32.1% | $239.3M-12.3% | $272.9M+5.9% | $257.7M+17.8% | $218.7M |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0-100.0% | $163.9M+6.1% | $154.5M |
| Total Liabilities | $833.3M-6.2% | $888.1M-18.8% | $1.1B-10.1% | $1.2B+8.2% | $1.1B-3.9% | $1.2B-13.0% | $1.3B-11.8% | $1.5B-8.4% | $1.7B-5.4% | $1.8B |
| Current Liabilities | $218.9M-6.9% | $235.2M-17.0% | $283.3M-6.5% | $303.0M+62.6% | $186.4M+42.5% | $130.8M-21.5% | $166.7M-19.4% | $206.8M+23.5% | $167.5M-6.6% | $179.3M |
| Non-Current Liabilities | $610.9M-6.0% | $649.7M-19.8% | $810.0M-11.3% | $913.1M-2.6% | $937.7M-9.8% | $1.0B-11.7% | $1.2B-10.5% | $1.3B-12.0% | $1.5B-5.3% | $1.6B |
| Long-Term Debt | $495.4M-12.2% | $564.2M-18.6% | $692.9M-13.7% | $802.5M-7.4% | $866.2M-10.6% | $969.3M-12.0% | $1.1B-12.0% | $1.3B-9.5% | $1.4B-2.7% | $1.4B |
| Total Equity | $1.2B-0.8% | $1.2B-2.4% | $1.2B+31.2% | $909.3M-5.2% | $959.2M-13.0% | $1.1B-6.4% | $1.2B+3.2% | $1.1B-21.1% | $1.4B-1.0% | $1.5B |
| Retained Earnings | -$655.6Mn/m | -$625.6Mn/m | -$766.6Mn/m | -$961.6Mn/m | -$991.6Mn/m | -$854.4Mn/m | -$747.9Mn/m | -$717.4Mn/m | -$546.9Mn/m | -$411.6M |
Not reported in any period shown, so not listed: Short-Term Investments, Long-Term Investments.
PDS Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2540-F | FY2440-F | FY2340-F | FY2240-F | FY2140-F | FY2040-F | FY1940-F | FY1840-F | FY1740-F | FY1640-F |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $301.1M-10.1% | $334.8M-11.7% | $379.2M+116.4% | $175.2M+60.8% | $109.0M-38.5% | $177.3M-20.2% | $222.3M+3.4% | $215.0M+130.9% | $93.1M+2.0% | $91.2M |
| Depreciation & Amortization | $231.8M+7.9% | $214.8M-4.7% | $225.4M+9.3% | $206.2M-6.7% | $221.0M-10.9% | $248.0M-3.6% | $257.4M-6.9% | $276.3M-8.4% | $301.8M+3.5% | $291.7M |
| Capital Expenditures | $192.1M+27.7% | $150.4M-11.7% | $170.4M+25.1% | $136.2M+129.1% | $59.4M+23.2% | $48.3M-60.9% | $123.3M+46.9% | $84.0M+40.5% | $59.8M-60.6% | $151.6M |
| Free Cash Flow | $109.0M-40.9% | $184.3M-11.7% | $208.8M+434.5% | $39.1M-21.1% | $49.5M-61.6% | $129.1M+30.4% | $99.0M-24.5% | $131.0M+293.0% | $33.3Mn/m | -$60.3M |
| Investing Cash Flow | -$151.9Mn/m | -$141.0Mn/m | -$162.7Mn/m | -$106.7Mn/m | -$44.3Mn/m | -$31.8Mn/m | -$57.5Mn/m | -$73.9Mn/m | -$72.8Mn/m | -$159.3M |
| Financing Cash Flow | -$140.2Mn/m | -$181.5Mn/m | -$190.9Mn/m | -$83.6Mn/m | -$117.3Mn/m | -$114.2Mn/m | -$178.8Mn/m | -$123.9Mn/m | -$58.9Mn/m | -$162.6M |
| Share Buybacks | $56.1M-6.8% | $60.1M+165.0% | $22.7M+206.7% | $7.4M+120.1% | $3.4M-62.1% | $8.9M-55.6% | $20.0M | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Stock-Based Compensation, Dividends Paid.
PDS Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY2540-F | FY2440-F | FY2340-F | FY2240-F | FY2140-F | FY2040-F | FY1940-F | FY1840-F | FY1740-F | FY1640-F |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 32.8%-1.6pp | 34.4%-3.5pp | 37.8%+7.4pp | 30.5%+1.2pp | 29.3%-8.4pp | 37.6%+5.1pp | 32.6%+1.8pp | 30.8%+0.9pp | 29.9% | N/A |
| Operating Margin | N/A | N/A | 31.5%+12.3pp | 19.3%-0.3pp | 19.5%+15.2pp | 4.4%-1.8pp | 6.1%+19.0pp | -12.8%-6.2pp | -6.7%+8.9pp | -15.6% |
| Net Margin | 0.1%-5.8pp | 5.9%-9.1pp | 14.9%+17.0pp | -2.1%+15.9pp | -18.0%-5.1pp | -12.8%-13.3pp | 0.4%+19.5pp | -19.1%-9.1pp | -10.0%+5.5pp | -15.5% |
| Return on Equity | 0.1%-6.5pp | 6.6%-11.7pp | 18.4%+21.2pp | -2.8%+11.7pp | -14.5%-5.9pp | -8.5%-9.0pp | 0.4%+19.3pp | -18.9%-11.6pp | -7.3%+0.6pp | -7.9% |
| Return on Assets | 0.1%-3.7pp | 3.8%-5.8pp | 9.6%+10.8pp | -1.2%+5.5pp | -6.7%-2.5pp | -4.1%-4.3pp | 0.2%+8.3pp | -8.1%-4.7pp | -3.4%+0.2pp | -3.6% |
| Current Ratio | 1.62+0.1x | 1.48+0.1x | 1.37+0.2x | 1.15-0.2x | 1.34-0.7x | 2.05+0.1x | 1.93+0.1x | 1.85-0.3x | 2.11+0.1x | 1.96 |
| Debt-to-Equity | 0.43-0.1x | 0.48-0.1x | 0.58-0.3x | 0.880.0x | 0.900.0x | 0.88-0.1x | 0.93-0.2x | 1.10+0.1x | 0.960.0x | 0.97 |
| Liabilities-to-Equity | 0.720.0x | 0.76-0.2x | 0.92-0.4x | 1.34+0.2x | 1.17+0.1x | 1.06-0.1x | 1.14-0.2x | 1.33+0.2x | 1.15-0.1x | 1.20 |
| Asset Turnover | 0.680.0x | 0.640.0x | 0.64+0.1x | 0.56+0.2x | 0.370.0x | 0.32-0.1x | 0.470.0x | 0.42+0.1x | 0.34+0.1x | 0.23 |
| FCF Margin | 8.1%-5.9pp | 14.0%-0.3pp | 14.2%+10.9pp | 3.3%-3.1pp | 6.4%-11.2pp | 17.6%+9.3pp | 8.3%-3.3pp | 11.6%+8.4pp | 3.2%+11.2pp | -8.1% |
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Precision Drilling Corporation PDS | FY2025 | $1.3B | $1.3M | 0.1% | $1.2B | 58/100 |
| Borr Drilling Limited BORR | FY2025 | $1.0B | $45.0M | 4.4% | $1.2B | 57/100 |
| Nabors Industries Ltd. NBR | FY2025 | $3.2B | $286.6M | 9.0% | $1.3B | 47/100 |
| Patterson-UTI Energy Inc PTEN | FY2025 | $4.8B | -$93.6M | -1.9% | $4.7B | 49/100 |
| Seadrill Limited SDRL | FY2025 | $1.4B | -$77.0M | -5.4% | $3.2B | 44/100 |
| Helmerich & Payne, Inc. HP | FY2025 | $3.7B | -$163.7M | -4.4% | $4.0B | 49/100 |
Where Precision Drilling Corporation Ranks
Frequently Asked Questions
What is Precision Drilling Corporation's annual revenue?
Precision Drilling Corporation (PDS) reported $1.3B in total revenue for fiscal year 2025. This represents a 1.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Precision Drilling Corporation's revenue growing?
Precision Drilling Corporation (PDS) revenue grew by 1.8% year-over-year, from $1.3B to $1.3B in fiscal year 2025.
Is Precision Drilling Corporation profitable?
Yes, Precision Drilling Corporation (PDS) reported a net income of $1.3M in fiscal year 2025, with a net profit margin of 0.1%.
How much debt does Precision Drilling Corporation have?
As of fiscal year 2025, Precision Drilling Corporation (PDS) had $62.6M in cash and equivalents against $495.4M in long-term debt.
What is Precision Drilling Corporation's gross margin?
Precision Drilling Corporation (PDS) had a gross margin of 32.8% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Precision Drilling Corporation's net profit margin?
Precision Drilling Corporation (PDS) had a net profit margin of 0.1% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Precision Drilling Corporation's return on equity (ROE)?
Precision Drilling Corporation (PDS) has a return on equity of 0.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Precision Drilling Corporation's free cash flow?
Precision Drilling Corporation (PDS) generated $109.0M in free cash flow during fiscal year 2025. This represents a -40.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Precision Drilling Corporation's operating cash flow?
Precision Drilling Corporation (PDS) generated $301.1M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Precision Drilling Corporation's total assets?
Precision Drilling Corporation (PDS) had $2.0B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Precision Drilling Corporation's capital expenditures?
Precision Drilling Corporation (PDS) invested $192.1M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Precision Drilling Corporation's current ratio?
Precision Drilling Corporation (PDS) had a current ratio of 1.62 as of fiscal year 2025, which is generally considered healthy.
What is Precision Drilling Corporation's debt-to-equity ratio?
Precision Drilling Corporation (PDS) had a debt-to-equity ratio of 0.43 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.
What is Precision Drilling Corporation's liabilities-to-equity ratio?
Precision Drilling Corporation (PDS) had a liabilities-to-equity ratio of 0.72 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.
What is Precision Drilling Corporation's return on assets (ROA)?
Precision Drilling Corporation (PDS) had a return on assets of 0.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Precision Drilling Corporation's P/E ratio?
Precision Drilling Corporation (PDS) trades at 926x earnings, its market capitalization divided by $1.3M net income, FY2025. The market capitalization is $1.2B as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Precision Drilling Corporation's price-to-sales ratio?
Precision Drilling Corporation (PDS) trades at 0.9x sales, its market capitalization divided by $1.3B revenue, FY2025. The market capitalization is $1.2B as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Precision Drilling Corporation's Piotroski F-Score?
Precision Drilling Corporation (PDS) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Precision Drilling Corporation's earnings high quality?
Precision Drilling Corporation (PDS) reported $1.3M of net income while generating $301.1M in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Precision Drilling Corporation?
Precision Drilling Corporation (PDS) scores 58 out of 100 on our Financial Health Score, indicating moderate standing within its energy companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.