BTE vs PDS
Baytex Energy Corp. and Precision Drilling Corp., side by side — 7 fiscal years reported in CAD, drawn from SEC filings.
Most recent reported year
| Metric | BTE | PDS |
|---|---|---|
| Revenue | CAD 1.5B | CAD 1.8B |
| Net income | CAD -603.8M | CAD 1.8M |
| Gross margin | · | 32.8% |
| Net margin | −40.8% | 0.2% |
| Return on equity | −18.4% | 0.1% |
| Diluted EPS | −CAD 0.78 | CAD 0.14 |
| Dividend / share | · | · |
| Payout ratio | −11.5% | · |
| Free cash flow | · | CAD 149.4M |
| Equity | · | CAD 1.6B |
| Net debt / equity | · | 0.38× |
| Current ratio | 3.61× | 1.62× |
| Revenue CAGR 5y | 12.8% | 14.5% |
| Profit CAGR 5y | · | · |
PDS bills 1.2× the revenue of BTE, and BTE closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
7 years side by side
| Fiscal year | BTE | PDS |
|---|---|---|
| FY2025 | CAD 1.5B | CAD 1.8B |
| FY2024 | CAD 1.6B | CAD 1.9B |
| FY2023 | CAD 2.7B | CAD 1.9B |
| FY2022 | CAD 2.3B | CAD 1.6B |
| FY2021 | CAD 1.5B | CAD 986.8M |
| FY2020 | CAD 811.7M | CAD 935.8M |
| FY2019 | CAD 1.5B | CAD 1.5B |
Bottom line
| Fiscal year | BTE | PDS |
|---|---|---|
| FY2025 | CAD -603.8M | CAD 1.8M |
| FY2024 | CAD 236.6M | CAD 111.2M |
| FY2023 | CAD -233.4M | CAD 289.2M |
| FY2022 | CAD 855.6M | CAD -34.3M |
| FY2021 | CAD 1.6B | CAD -177.4M |
| FY2020 | CAD -2.4B | CAD -120.1M |
| FY2019 | CAD -12.5M | CAD 6.6M |
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −CAD 362,889,000 | PDS |
| FY2024 | −CAD 289,487,000 | PDS |
| FY2023 | +CAD 774,975,000 | BTE |
| FY2022 | +CAD 708,887,000 | BTE |
| FY2021 | +CAD 542,192,000 | BTE |
| FY2020 | −CAD 124,011,000 | PDS |
| FY2019 | −CAD 55,642,000 | PDS |
The higher-revenue side has changed between BTE and PDS over this period. The gap has widened since the earliest year compared.
7 of 10 comparable fiscal years — a year missing data on either side is not counted.
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −40.9 pp | PDS |
| FY2024 | +8.8 pp | BTE |
| FY2023 | −23.5 pp | PDS |
| FY2022 | +38.9 pp | BTE |
| FY2021 | +123.5 pp | BTE |
| FY2020 | −287.6 pp | PDS |
| FY2019 | −1.3 pp | PDS |
The higher net margin has changed hands between BTE and PDS over this period.
7 of 10 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
BTE's net margin has been more volatile than PDS's over the 7 comparable fiscal years — 119.1 percentage points of standard deviation against 10.2.
7 of 10 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between BTE and PDS over these 7 fiscal years — BTE led in 3 and PDS in 4.
7 of 10 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
BTE's return on equity has been more volatile than PDS's over the 3 comparable fiscal years — 9.9 percentage points of standard deviation against 8.5.
3 of 7 comparable fiscal years — a year missing data on either side is not counted.
Year by year
PDS led in return on equity in every one of the 3 comparable fiscal years — a structural lead, not a recent swing.
3 of 7 comparable fiscal years — a year missing data on either side is not counted.