NOA vs PDS
North American Construction Group Ltd. and Precision Drilling Corp., side by side — 10 fiscal years reported in CAD, drawn from SEC filings.
Most recent reported year
| Metric | NOA | PDS |
|---|---|---|
| Revenue | CAD 1.3B | CAD 1.8B |
| Net income | CAD 33.8M | CAD 1.8M |
| Gross margin | 12.6% | 32.8% |
| Net margin | 2.6% | 0.2% |
| Return on equity | 8.0% | 0.1% |
| Diluted EPS | CAD 1.14 | CAD 0.14 |
| Dividend / share | CAD 0.48 | · |
| Payout ratio | 39.6% | · |
| Free cash flow | CAD -17.0M | CAD 149.4M |
| Equity | CAD 456.6M | CAD 1.6B |
| Net debt / equity | 1.42× | 0.38× |
| Current ratio | 0.88× | 1.62× |
| Revenue CAGR 5y | 20.8% | 14.5% |
| Profit CAGR 5y | −7.2% | · |
PDS bills 1.4× the revenue of NOA, and NOA keeps more of each dollar of revenue as profit (2.6% against 0.2%).
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.
10 years side by side
| Fiscal year | NOA | PDS |
|---|---|---|
| FY2025 | CAD 1.3B | CAD 1.8B |
| FY2024 | CAD 1.2B | CAD 1.9B |
| FY2023 | CAD 964.7M | CAD 1.9B |
| FY2022 | CAD 769.5M | CAD 1.6B |
| FY2021 | CAD 654.1M | CAD 986.8M |
| FY2020 | CAD 498.5M | CAD 935.8M |
| FY2019 | CAD 719.1M | CAD 1.5B |
| FY2018 | CAD 410.1M | CAD 1.5B |
| FY2017 | CAD 292.6M | CAD 1.3B |
| FY2016 | CAD 213.2M | CAD 1.0B |
Bottom line
| Fiscal year | NOA | PDS |
|---|---|---|
| FY2025 | CAD 33.8M | CAD 1.8M |
| FY2024 | CAD 44.0M | CAD 111.2M |
| FY2023 | CAD 63.1M | CAD 289.2M |
| FY2022 | CAD 67.4M | CAD -34.3M |
| FY2021 | CAD 51.4M | CAD -177.4M |
| FY2020 | CAD 49.2M | CAD -120.1M |
| FY2019 | CAD 36.9M | CAD 6.6M |
| FY2018 | CAD 15.3M | CAD -294.3M |
| FY2017 | CAD 5.3M | CAD -132.0M |
| FY2016 | CAD -445,000 | CAD -155.6M |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −CAD 559,413,000 | PDS |
| FY2024 | −CAD 736,541,000 | PDS |
| FY2023 | −CAD 973,174,000 | PDS |
| FY2022 | −CAD 847,655,000 | PDS |
| FY2021 | −CAD 332,704,000 | PDS |
| FY2020 | −CAD 437,285,000 | PDS |
| FY2019 | −CAD 822,253,000 | PDS |
| FY2018 | −CAD 1,131,128,000 | PDS |
| FY2017 | −CAD 1,028,667,000 | PDS |
| FY2016 | −CAD 790,053,000 | PDS |
PDS has reported the higher revenue in every one of these 10 fiscal years. The gap has narrowed since the earliest year compared.
10 of 17 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +2.5 pp | NOA |
| FY2024 | −2.1 pp | PDS |
| FY2023 | −8.4 pp | PDS |
| FY2022 | +10.9 pp | NOA |
| FY2021 | +25.8 pp | NOA |
| FY2020 | +22.7 pp | NOA |
| FY2019 | +4.7 pp | NOA |
| FY2018 | +22.8 pp | NOA |
| FY2017 | +11.8 pp | NOA |
| FY2016 | +15.3 pp | NOA |
The higher net margin has changed hands between NOA and PDS over this period.
10 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
PDS's net margin has been more volatile than NOA's over the 10 comparable fiscal years — 10.7 percentage points of standard deviation against 3.1.
10 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between NOA and PDS over these 10 fiscal years — NOA led in 8 and PDS in 2.
10 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
PDS's return on equity has been more volatile than NOA's over the 3 comparable fiscal years — 8.5 percentage points of standard deviation against 4.6.
3 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between NOA and PDS over these 3 fiscal years — NOA led in 2 and PDS in 1.
3 of 17 comparable fiscal years — a year missing data on either side is not counted.