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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	66.29	85.78	73.77	54.18	21.59	40.59
Cash & Short-Term Investments	66.29	85.78	73.77	54.18	21.59	40.59
Cash Growth	41.96%	16.28%	36.15%	150.99%	-46.81%	-62.69%
Accounts Receivable	348.48	274.36	296.68	334.5	322.78	179.63
Receivables	348.48	274.36	296.68	334.5	322.78	179.63
Inventory	54.7	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	469.47	486.92	501.28	510.88	470.67	319.76
Property, Plant & Equipment	2,234	2,216	2,422	2,402	2,363	2,310
Long-Term Investments	6.87	7.57	8.46	9.97	20.45	7.38
Other Intangible Assets	7.69	9.47	13	16.47	18.17	21.85
Long-Term Accounts Receivable	4.06	4.47	4.81	5	-	-
Long-Term Deferred Tax Assets	4.17	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	2,727	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	302.57	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	19.55	17.78	20.56	17.39	12.7	10.94
Current Income Taxes Payable	0.44	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	322.56	300.1	338.69	374.01	410.03	238.12
Long-Term Debt	626.33	679.29	812.47	914.83	1,086	1,107
Long-Term Leases	51.15	47.17	54.57	57.12	52.98	45.82
Long-Term Deferred Tax Liabilities	105.57	90.76	47.45	73.52	28.95	12.22
Other Long-Term Liabilities	15.51	20.48	21.14	23.9	67.67	33.24
Total Liabilities	1,121	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	2,209	2,239	2,302	2,365	2,300	2,281
Additional Paid-In Capital	79.56	79.27	77.56	75.09	72.56	76.31
Retained Earnings	-875.18	-898.99	-900.83	-1,012	-1,301	-1,267
Comprehensive Income & Other	187.43	165.02	199.02	147.48	159.71	134.78
Total Common Equity	1,601	1,584	1,677	1,576	1,231	1,226
Minority Interest	4.84	4.82	4.53	-	-	-
Shareholders' Equity	1,606	1,589	1,682	1,576	1,231	1,226
Total Liabilities & Equity	2,727	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	697.02	744.24	887.59	992.19	1,154	1,166
Net Cash (Debt)	-630.73	-658.46	-813.82	-938.01	-1,132	-1,125
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-48.41	-49.36	-57.17	-61.36	-83.59	-84.51
Filing Date Shares Outstanding	12.75	12.95	13.64	14.48	13.77	13.57
Total Common Shares Outstanding	12.85	12.93	13.78	14.34	13.56	13.3
Working Capital	146.91	186.82	162.59	136.87	60.64	81.64
Book Value Per Share	124.55	122.49	121.74	109.91	90.76	92.12
Tangible Book Value	1,593	1,575	1,664	1,559	1,212	1,204
Tangible Book Value Per Share	123.95	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: Jun 30, 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:

Aug 23, 2026

Data Sources Report a data error