Skip to content
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

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

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
1.0B2.0B-0.1B-0.3B
2016201920222025
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 the five years to FY2025.

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%
201620202025
ROE
FY2025 · ROE 0.1%
10%20%
201620202025
Three returns, three denominators.
Return on capital employedNot available: we don't have a clean operating profit figure for this period.

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-30M-60M
201620202025
Net buybacks CAD M Dividends CAD M
FY2025 · Dividends · · Net buybacks 76.9
40M80M
2019202020212022202320242025

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—not applicable◌not available in our data
PDS, 10-year financial record
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 % — not applicable: no dividend——————————
ROE %0.16.820.6◌◌◌◌◌◌◌
Shares out B0.010.010.010.010.010.010.280.290.290.29

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Compare

This company against its peers

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 1 failure in 40 reconciliationsAUDITED

Reconciled in 9 of the 10 fiscal years we could check. 18 checks were skipped: the balance sheet is not tagged before 2016. 10 checks were skipped: cost of revenue is not tagged before 2017. Nine checks were skipped: EPS is not tagged before 2016.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency1 failure
ActivityDrilling Oil & Gas Wells
Listed onNYSE
Incorporated inoutside the United States — SEC code A0
Fiscal year endsDecember 31
Data on record since2016

Share this section

Download image