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MARKETS / NYSE / PDS
NYSE · DRILLING OIL & GAS WELLS

Precision Drilling Corp. PDS

10 fiscal years on record · CAD · FY2025 reported · SEC filings only
CAD 1.8B
▼ 3.1% YoY
CAD 1.8M
▼ 98.3% YoY
CAD 149.4M
▼ 43.7% YoY
In brief

What this company does

Precision Drilling Corporation operates in two business segments, Contract Drilling Services and Completion and Production Services, which share business support systems and corporate and administrative services. Its Contract Drilling Services segment operates drilling rigs in Canada, the U.S. and internationally, providing onshore well drilling services to exploration and production companies in the oil, natural gas and geothermal industries. Its Completion and Production Services segment provides well completion, workover, abandonment and re-entry preparation services to oil and natural gas exploration and production companies in Canada, along with equipment rentals and camp services. In 2025, the company had an average of 43 drilling rigs, 17 in the U.S., 19 in Canada and seven internationally, working under term contracts.

Written from the business description in Precision Drilling Corporation's annual report to the U.S. Securities and Exchange Commission, filed 9 March 2026. Every sentence was checked against that document before publication.

Growth
CAD 1.8B
Revenue, FY2025 · full 10-year series below
Revenue CAD B Net income CAD B
FY2025 · Revenue 1.8 · Net income 0.0
0.8B1.6B-0.1B-0.2B2016201720182019202020212022202320242025
Compound annual growth
+4.5%
+14.5%
+97.3%
+46.7%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +14.5% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
0 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating — · Net 0.2%
10%20%30%-5%-10%-15%2016201720182019202020212022202320242025
ROE
FY2025 · ROE 0.1%
10%20%2016201720182019202020212022202320242025

Each CAD of equity produced 0 cents of profit this year.

Cash & shareholders
CAD 76.9M
returned in FY2025 · dividends + net buybacks
Free cash flow CAD M
FY2025 · FCF 149.4
100M200M-40M-80M2016201720182019202020212022202320242025
Net buybacks CAD M Dividends CAD M
FY2025 · Dividends — · Net buybacks 76.9
40M80M2019202020212022202320242025

CAD 76.9M in buybacks — 4172% of the year's profit, so the payout drew on cash built up earlier.

Total assetsCAD 2.7B
EquityCAD 1.6B
CashCAD 85.8M
Gross debtCAD 686.9M
Net debtCAD 601.1M
Current ratio1.62×

Net debt stands at 38% of equity.

The 10-year record
10 fiscal years
Every figure from documents filed with the SEC · CAD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019201820172016
Revenue CAD B1.81.91.91.61.00.91.51.51.31.0
Operating income CAD B··0.60.30.20.00.1−0.2−0.1−0.2
EBITDA CAD B··0.90.60.50.40.40.20.30.2
Income tax CAD B0.10.0−0.00.0−0.00.0−0.0−0.0−0.1−0.2
Net income CAD B0.00.10.3−0.0−0.2−0.10.0−0.3−0.1−0.2
Free cash flow CAD B0.10.30.30.10.10.20.10.20.0−0.1
EPS, diluted CAD 0.147.8119.53−2.53−13.32·0.45−1.00−0.45−0.53
Dividend / sh CAD ··········
Payout %··········
ROE %0.16.820.6·······
Shares out B0.010.010.010.010.010.010.010.010.290.29

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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This company against its peers

Provenance
Company facts, as filed
How we verify · 1 failures in 40 reconciliationsAUDITED

Reconciled in 9 of 19 fiscal years. 46 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente1 failures
ActivityDrilling Oil & Gas Wells
Listed onNYSE
Incorporated inoutside the United States — SEC code A0
Fiscal year endsDecember 31
Data on record since2016

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