Company Analysis

Precision Drilling Corporation (PDS)

NYSE: PDS · Drilling Oil & Gas Wells · Calgary, AB · filing with the SEC since 1998
Grade5.0
◀ Past 6.0● Present 4.8▶ Future 4.3
1 est.

The grade of Precision Drilling Corporation

Nine metrics read from its own filings, by tense
Headline grade
5.0/10
◀ Past6.030% of the headline
● Present4.840% of the headline
▶ Future4.330% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

6.0/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
8.3/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 83rd percentile among 12 sector filers · read for itself

From the record

Precision Drilling Corporation's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
5.3/10

What has it actually done, year after year?

+7% a year over 10 filed years; profitable in 4 of 10.

weight 45% of this tense · 53rd percentile among 11 sector filers · read for its customers

From the record

Precision Drilling Corporation's 10 filed years say what it did: revenue went from CAD 1.0 billion in fiscal 2016 to CAD 1.8 billion in fiscal 2025, up 7% a year; it rose in 6 of 9 years; the deepest fall was 39% from fiscal 2019 to fiscal 2020; net income was positive in 4 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span7.0%top 50% of its family
  • the share of years revenue rosetop 36% of its family
  • the share of filed years with a profittop 50% of its family
  • the deepest fall from a revenue peak39.3%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
3.9/10

How has it treated the people who own it?

Share count shrank 0.5% a year. 0% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 39th percentile among 11 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Precision Drilling Corporation's diluted share count shrank about 0.5% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 32% of its family
  • cash returned against operating cash flowbottom 9% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

4.8/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
7.0/10

Is it financially healthy right now?

ROE 0%: 0¢ of profit per shareholder dollar. Leverage 42%: owes 42¢ per asset dollar.

weight 33% of this tense · 70th percentile among 11 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Precision Drilling Corporation earned about 0 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 22 cents per dollar of everything the company owns (revenue less the cost of revenue). Leverage: it owed about 42 cents per dollar of assets, and net share issuance: its share count shrank 6.3% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 41% of its family
  • return on equitytop 50% of its family
  • gross profit against assetstop 17% of its family
  • the share count against the year beforetop 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
3.2/10

How strong is its position in its industry?

bottom 32% of 11 in its family; net margin 0.2%.

weight 45% of this tense · 32nd percentile among 11 sector filers · read for its customers

From the record

Precision Drilling Corporation's standing among 11 graded names in its industry family: revenue of CAD 1.8 billion in fiscal 2025 is not ranked by size, since the family reports in another currency; a net margin of 0.2% ranks in the top 50%; revenue growth of 4.5% a year over the last 3 filed years ranks in the bottom 14% (its annual reports).

What it rests on

  • net margin0.2%top 50% of its family
  • three-year revenue growth4.5%bottom 14% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
4.9/10

What are the people in charge doing?

SI estimate 4.9/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 9 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 9 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read.
How it was reasoned
family median, 9 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Precision Drilling Corporation's leadership is put at 4.9 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 9 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

4.3/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.7/10

How much room does it have to grow?

bottom 47% of 11 in its family for room to expand.

weight 22% of this tense · 47th percentile among 11 sector filers · read for itself

From the record

Precision Drilling Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of CAD 86 million against debt of CAD 687 million leaves -22% of its assets as net cash, top 50% of its family; cash from operations less capital spending is 8.1% of revenue (bottom 41%); a gross margin of 32.8% (top 50%) (its annual report).

What it rests on

  • cash less debt against assets-22.0%top 50% of its family
  • cash from operations less capital spending against revenue8.1%bottom 41% of its family
  • gross margin32.8%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
3.8/10

What could actually drive growth from here?

bottom 38% of 11 in its family for growth drivers.

weight 45% of this tense · 38th percentile among 11 sector filers · read for its customers

From the record

Precision Drilling Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew 4.5% a year over the last three filed years against 7% over all 10, slowing (bottom 32% of its family); the newest year grew -3.1% (bottom 32%); capital spending grew 12.7% a year (top 50%) (its annual reports). Precision Drilling Corporation tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-2.5 points a yearbottom 32% of its family
  • the newest year's revenue growth-3.1%bottom 32% of its family
  • three-year growth of capital spending12.7%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.7/10

Did its newest year beat what its own record pointed to?

bottom 47% of 11 in its family for expectations against reality.

weight 33% of this tense · 47th percentile among 11 sector filers · read for its shareholders

From the record

Precision Drilling Corporation's newest year against its own record: revenue of CAD 1.8 billion in fiscal 2025 came in 10.6% below the CAD 2.1 billion its prior three years' pace pointed to (top 50% of its family); net income of CAD 3 million against a prior three-year average of CAD 122 million (bottom 41%); a net margin of 0.2% against 6.2% before (top 50%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-10.6%top 50% of its family
  • net income against the prior three years' average-98%bottom 41% of its family
  • net margin against its prior average-6.1 pointstop 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton PDS · research, not advice