Precision Drilling Corporation (PDS) — Financial statements
Income statement, balance sheet, and cash flow for Precision Drilling Corporation — annual and quarterly history with growth and margin analysis.
| Metric (CAD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 1,844↓3.1% | 1,902↓1.8% | 1,938↑19.8% | 1,617↑63.9% | 987 | |
| Cost of Revenue | 318↑2.8% | 309↓74.3% | 1,205↓14.2% | 1,404↑397.2% | 282 | |
| Gross Profit | 1,526↓4.2% | 1,593↑117.2% | 733↑243.4% | 214↓69.7% | 705 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 114↓13.6% | 132↑8.4% | 122↓32.5% | 181↑88.7% | 96 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 114↓13.6% | 132↑8.4% | 122↓32.5% | 181↑88.7% | 96 | |
| Other Expenses | 1,307↑4.6% | 1,249 | 0.00 | 0.00↓100.0% | 698 | |
| Operating Expenses | 1,421↑2.9% | 1,381↑1030.3% | 122↓32.5% | 181↓77.2% | 794 | |
| Total Costs & Expenses | 1,739↑2.9% | 1,690↑27.4% | 1,327↓16.3% | 1,585↑47.2% | 1,076 | |
| Operating Results | ||||||
| Operating Income | 105↓50.6% | 212↓65.3% | 611↑1776.3% | 33↑136.4% | -90 | |
| Depreciation & Amortization | 318↑2.8% | 309↑8.2% | 286↑6.6% | 268↓5.0% | 282 | |
| EBITDA | 430↓19.3% | 532↓11.2% | 599↑99.3% | 301↑65.8% | 181 | |
| EBIT | 112↓49.9% | 223↓28.9% | 314↑862.7% | 33↑132.2% | -101 | |
| Interest & Other Income | ||||||
| Net Interest Income | 2↑102.3% | -70↑16.4% | -83↑5.0% | -88↑4.0% | -91 | |
| Interest Income | 2↑208.7% | -1↓207.0% | 1 | 0.00 | 0.00 | |
| Interest Expense | 0.00↓100.0% | 68↓19.5% | 85↓3.4% | 88↓4.0% | 91 | |
| Non-Operating Income | -7↑35.2% | -11↓103.7% | 298 | 0.00↓100.0% | 11 | |
| Other Income / Expenses | -49↑15.1% | -57↑83.4% | -345↓639.3% | -47↑49.9% | -93 | |
| Income Before Tax | 56↓63.8% | 155↓41.8% | 266↑1979.2% | -14↑92.3% | -183 | |
| Income Tax Expense | 53↑22.2% | 43↑284.2% | -23↓216.5% | 20↑473.4% | -5 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 3↓97.2% | 111↓61.5% | 289↑943.4% | -34↑80.7% | -177 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 2↓98.3% | 111↓61.6% | 289↑943.4% | -34↑80.7% | -177 | |
| Bottom-Line Net Income | 2↓98.3% | 111↓61.6% | 289↑943.4% | -34↑80.7% | -177 | |
| EPS (Basic) | 0.14↓98.2% | 7.81↓62.9% | 21.03↑931.2% | -2.53↑81.0% | -13.32 | |
| EPS (Diluted) | 0.14↓98.2% | 7.81↓60.0% | 19.53↑871.9% | -2.53↑81.0% | -13.32 | |
| Weighted Average Shares | 13↓6.3% | 14↓3.9% | 15↑9.4% | 14↑1.7% | 13 | |
| Weighted Average Diluted Shares | 13↓6.3% | 14↓6.9% | 15↑12.9% | 14↑1.7% | 13 | |
* All figures in Millions of CAD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.