Precision Drilling (PDS) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
1.9B
Gross Profit
1.6B
83.74%
Operating Income
211.9M
11.14%
Net Income
111.3M
5.85%
Balance Sheet Metrics
Total Assets
3.0B
Total Liabilities
1.3B
Shareholders Equity
1.7B
Debt to Equity
0.76
Cash Flow Metrics
Operating Cash Flow
552.2M
Free Cash Flow
265.4M
Revenue & Profitability Trend
Precision Drilling Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 1.9B | 1.3B | 1.6B | 986.8M | 935.8M |
| Cost of Goods Sold | 309.3M | 206.0M | 279.0M | 282.3M | 316.3M |
| Gross Profit | 1.6B | 1.1B | 1.3B | 704.5M | 619.4M |
| Operating Expenses | 1.4B | 925.3M | 1.3B | 794.1M | 654.3M |
| Operating Income | 211.9M | 210.5M | 32.6M | -89.6M | -34.9M |
| Pre-tax Income | 154.6M | 184.0M | -14.1M | -182.8M | -109.2M |
| Income Tax | 43.2M | -16.2M | 20.2M | -5.4M | 11.0M |
| Net Income | 111.3M | 200.3M | -34.3M | -177.4M | -120.1M |
| EPS (Diluted) | - | $19.53 | -$2.53 | -$13.32 | -$8.76 |
Income Statement Trend
Precision Drilling Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 501.3M | 353.7M | 470.7M | 319.8M | 342.3M |
| Non-Current Assets | 2.5B | 1.7B | 2.4B | 2.3B | 2.6B |
| Total Assets | 3.0B | 2.1B | 2.9B | 2.7B | 2.9B |
| Liabilities | |||||
| Current Liabilities | 338.7M | 253.2M | 410.0M | 238.1M | 166.8M |
| Non-Current Liabilities | 935.6M | 746.2M | 1.2B | 1.2B | 1.3B |
| Total Liabilities | 1.3B | 999.4M | 1.6B | 1.4B | 1.5B |
| Equity | |||||
| Total Shareholders Equity | 1.7B | 1.1B | 1.2B | 1.2B | 1.4B |
Balance Sheet Composition
Precision Drilling Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 111.3M | 200.3M | -34.3M | -177.4M | -120.1M |
| Operating Cash Flow | 552.2M | 458.9M | 413.3M | 222.0M | 330.0M |
| Investing Activities | |||||
| Capital Expenditures | -186.3M | -139.3M | -147.1M | -62.9M | -40.4M |
| Investing Cash Flow | -202.9M | -147.5M | -144.4M | -56.6M | -40.5M |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | -262.1M | -174.5M | -123.0M | -149.9M | -145.6M |
| Free Cash Flow | 265.4M | 189.6M | 52.9M | 63.3M | 164.5M |
Cash Flow Trend
Precision Drilling Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
8.80
Forward P/E
6.44
Price to Book
0.38
Price to Sales
0.35
PEG Ratio
6.44
Profitability Ratios
Profit Margin
5.84%
Operating Margin
12.59%
Return on Equity
6.58%
Return on Assets
4.43%
Financial Health
Current Ratio
0.91
Debt to Equity
51.12
Beta
1.71
Per Share Data
EPS (TTM)
$5.46
Book Value per Share
$125.41
Revenue per Share
$133.18
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| pds | 651.2M | 8.80 | 0.38 | 6.58% | 5.84% | 51.12 |
| Noble | 4.6B | 9.43 | 0.95 | 10.76% | 14.69% | 42.48 |
| Transocean | 2.5B | -4.50 | 0.24 | -6.65% | -18.79% | 65.11 |
| Helmerich & Payne | 1.7B | 7.78 | 0.58 | 7.58% | 7.15% | 75.26 |
| Seadrill Limited | 1.7B | 5.00 | 0.57 | 12.75% | 28.88% | 21.25 |
| Borr Drilling | 497.8M | 10.95 | 0.51 | 5.17% | 5.11% | 217.04 |
Financial data is updated regularly. All figures are in the company's reporting currency.