Precision Drilling Corporation (TSX:PD)

Precision Drilling Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	23.18	85.78	73.77	54.18	21.59	40.59
Cash & Short-Term Investments	23.18	85.78	73.77	54.18	21.59	40.59
Cash Growth	-39.50%	16.28%	36.15%	150.99%	-46.81%	-62.69%
Accounts Receivable	422.73	274.36	296.68	334.5	322.78	179.63
Receivables	422.73	274.36	296.68	334.5	322.78	179.63
Inventory	56.73	48.99	43.3	35.27	35.16	23.43
Prepaid Expenses	-	77.78	82.03	86.92	91.15	76.11
Other Current Assets	-	-	5.5	-	-	-
Total Current Assets	502.63	486.92	501.28	510.88	470.67	319.76
Property, Plant & Equipment	2,242	2,216	2,422	2,402	2,363	2,310
Long-Term Investments	6.75	7.57	8.46	9.97	20.45	7.38
Other Intangible Assets	6.8	9.47	13	16.47	18.17	21.85
Long-Term Accounts Receivable	3.87	4.47	4.81	5	-	-
Long-Term Deferred Tax Assets	4.13	2.24	6.56	73.66	0.46	0.87
Long-Term Deferred Charges	-	-	-	0.84	1.41	2.07
Other Long-Term Assets	-	-	-	0.68	1.6	-
Total Assets	2,766	2,727	2,956	3,019	2,876	2,662

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	317.79	120.4	113.34	151.35	136.36	90.75
Accrued Expenses	-	99.85	130.68	138.35	153.93	133.37
Current Portion of Long-Term Debt	-	-	-	2.85	2.29	2.22
Current Portion of Leases	19.52	17.78	20.56	17.39	12.7	10.94
Current Income Taxes Payable	1.48	1.67	3.78	3.03	2.99	0.84
Current Unearned Revenue	-	26.8	36.16	46.06	-	-
Other Current Liabilities	-	33.61	34.18	14.99	101.76	-
Total Current Liabilities	338.78	300.1	338.69	374.01	410.03	238.12
Long-Term Debt	629.12	679.29	812.47	914.83	1,086	1,107
Long-Term Leases	51.01	47.17	54.57	57.12	52.98	45.82
Long-Term Deferred Tax Liabilities	116.13	90.76	47.45	73.52	28.95	12.22
Other Long-Term Liabilities	18.35	20.48	21.14	23.9	67.67	33.24
Total Liabilities	1,153	1,138	1,274	1,443	1,646	1,436

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	2,175	2,239	2,302	2,365	2,300	2,281
Additional Paid-In Capital	81.09	79.27	77.56	75.09	72.56	76.31
Retained Earnings	-838.09	-898.99	-900.83	-1,012	-1,301	-1,267
Comprehensive Income & Other	189.7	165.02	199.02	147.48	159.71	134.78
Total Common Equity	1,607	1,584	1,677	1,576	1,231	1,226
Minority Interest	5.21	4.82	4.53	-	-	-
Shareholders' Equity	1,613	1,589	1,682	1,576	1,231	1,226
Total Liabilities & Equity	2,766	2,727	2,956	3,019	2,876	2,662

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	699.64	744.24	887.59	992.19	1,154	1,166
Net Cash (Debt)	-676.47	-658.46	-813.82	-938.01	-1,132	-1,125
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-52.45	-49.36	-57.17	-61.36	-83.59	-84.51
Filing Date Shares Outstanding	12.68	12.95	13.64	14.48	13.77	13.57
Total Common Shares Outstanding	12.68	12.93	13.78	14.34	13.56	13.3
Working Capital	163.85	186.82	162.59	136.87	60.64	81.64
Book Value Per Share	126.79	122.49	121.74	109.91	90.76	92.12
Tangible Book Value	1,600	1,575	1,664	1,559	1,212	1,204
Tangible Book Value Per Share	126.25	121.76	120.79	108.76	89.42	90.47
Land	-	28.96	36.85	43.24	32.59	31.42
Buildings	-	116.76	126.64	124.83	114.32	119.52
Machinery	-	6,648	7,047	6,624	6,642	6,285
Construction In Progress	-	142.26	133.54	126.87	117.54	67.88

Data Source: S&P Global Market Intelligence Last updated: Oct 27, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 30, 2026

Data Sources Report a data error