Precision Drilling Corporation

TSX:PD Stock Report

Market Cap: CA$805.4m

Precision Drilling Past Earnings Performance

Past criteria checks 2/6

Precision Drilling has been growing earnings at an average annual rate of 54.2%, while the Energy Services industry saw earnings growing at 55.7% annually. Revenues have been growing at an average rate of 13.8% per year. Precision Drilling's return on equity is 6.6%, and it has net margins of 5.8%.

Key information

54.2%

Earnings growth rate

53.6%

EPS growth rate

Energy Services Industry Growth32.2%
Revenue growth rate13.8%
Return on equity6.6%
Net Margin5.8%
Next Earnings Update24 Apr 2025

Recent past performance updates

Recent updates

Precision Drilling (TSE:PD) Is Looking To Continue Growing Its Returns On Capital

Apr 05
Precision Drilling (TSE:PD) Is Looking To Continue Growing Its Returns On Capital
author-image

EverGreen Expansion And Rig Upgrades Will Strengthen Future Market Position

Mar 11 Strategic debt reduction and share repurchases aim to enhance EPS and shareholder returns while supporting long-term financial stability.

With EPS Growth And More, Precision Drilling (TSE:PD) Makes An Interesting Case

Jan 28
With EPS Growth And More, Precision Drilling (TSE:PD) Makes An Interesting Case

Lacklustre Performance Is Driving Precision Drilling Corporation's (TSE:PD) Low P/E

Dec 07
Lacklustre Performance Is Driving Precision Drilling Corporation's (TSE:PD) Low P/E

Does Precision Drilling (TSE:PD) Have A Healthy Balance Sheet?

Sep 29
Does Precision Drilling (TSE:PD) Have A Healthy Balance Sheet?

We Like These Underlying Return On Capital Trends At Precision Drilling (TSE:PD)

Sep 13
We Like These Underlying Return On Capital Trends At Precision Drilling (TSE:PD)

We Ran A Stock Scan For Earnings Growth And Precision Drilling (TSE:PD) Passed With Ease

Aug 29
We Ran A Stock Scan For Earnings Growth And Precision Drilling (TSE:PD) Passed With Ease

Earnings Working Against Precision Drilling Corporation's (TSE:PD) Share Price

Jun 25
Earnings Working Against Precision Drilling Corporation's (TSE:PD) Share Price

We Think Precision Drilling (TSE:PD) Can Stay On Top Of Its Debt

Jun 05
We Think Precision Drilling (TSE:PD) Can Stay On Top Of Its Debt

Is Precision Drilling Corporation (TSE:PD) Trading At A 49% Discount?

Apr 04
Is Precision Drilling Corporation (TSE:PD) Trading At A 49% Discount?

Investors Continue Waiting On Sidelines For Precision Drilling Corporation (TSE:PD)

Mar 20
Investors Continue Waiting On Sidelines For Precision Drilling Corporation (TSE:PD)

Investors Shouldn't Be Too Comfortable With Precision Drilling's (TSE:PD) Earnings

Feb 13
Investors Shouldn't Be Too Comfortable With Precision Drilling's (TSE:PD) Earnings

We Think Precision Drilling (TSE:PD) Is Taking Some Risk With Its Debt

Sep 13
We Think Precision Drilling (TSE:PD) Is Taking Some Risk With Its Debt

We Think Precision Drilling (TSE:PD) Is Taking Some Risk With Its Debt

Jun 08
We Think Precision Drilling (TSE:PD) Is Taking Some Risk With Its Debt

Precision Drilling's (TSE:PD) Promising Earnings May Rest On Soft Foundations

May 04
Precision Drilling's (TSE:PD) Promising Earnings May Rest On Soft Foundations

Precision Drilling (TSE:PD) Has A Somewhat Strained Balance Sheet

Feb 23
Precision Drilling (TSE:PD) Has A Somewhat Strained Balance Sheet

Is Precision Drilling (TSE:PD) Using Debt In A Risky Way?

Oct 23
Is Precision Drilling (TSE:PD) Using Debt In A Risky Way?

Health Check: How Prudently Does Precision Drilling (TSE:PD) Use Debt?

Jul 06
Health Check: How Prudently Does Precision Drilling (TSE:PD) Use Debt?

Is Precision Drilling (TSE:PD) Weighed On By Its Debt Load?

Mar 21
Is Precision Drilling (TSE:PD) Weighed On By Its Debt Load?

Health Check: How Prudently Does Precision Drilling (TSE:PD) Use Debt?

Jun 30
Health Check: How Prudently Does Precision Drilling (TSE:PD) Use Debt?

Revenue & Expenses Breakdown

How Precision Drilling makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TSX:PD Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 241,9021111320
30 Sep 241,9412431360
30 Jun 241,9112241570
31 Mar 241,9072301520
31 Dec 231,9382891180
30 Sep 231,9411461620
30 Jun 231,9241571430
31 Mar 231,8241051410
31 Dec 221,617-341810
30 Sep 221,402-651240
30 Jun 221,226-1341230
31 Mar 221,102-1851320
31 Dec 21987-177990
30 Sep 21893-188940
30 Jun 21804-178830
31 Mar 21793-151740
31 Dec 20936-120710
30 Sep 201,106-84800
30 Jun 201,317-59880
31 Mar 201,487-24930
31 Dec 191,54171040
30 Sep 191,596-1911000
30 Jun 191,603-2181090
31 Mar 191,574-2511140
31 Dec 181,541-2941120
30 Sep 181,461-1431130
30 Jun 181,393-1391050
31 Mar 181,354-127940
31 Dec 171,321-132900
30 Sep 171,277-116990
30 Jun 171,176-137980
31 Mar 171,070-1581060
31 Dec 161,003-1561080
30 Sep 161,046-3961060
30 Jun 161,196-4351090
31 Mar 161,345-4071120
31 Dec 151,556-3631260
30 Sep 151,829-2071230
30 Jun 152,050-671370
31 Mar 152,190-441460
31 Dec 142,351331440
30 Sep 142,2992151520
30 Jun 142,2031921530

Quality Earnings: PD has high quality earnings.

Growing Profit Margin: PD's current net profit margins (5.8%) are lower than last year (14.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: PD has become profitable over the past 5 years, growing earnings by 54.2% per year.

Accelerating Growth: PD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PD had negative earnings growth (-61.6%) over the past year, making it difficult to compare to the Energy Services industry average (-30.2%).

Return on Equity

High ROE: PD's Return on Equity (6.6%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/23 11:10
End of Day Share Price 2025/04/23 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Precision Drilling Corporation is covered by 41 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Waqar SyedATB Capital Markets
Tim MonachelloATB Capital Markets
Sean MeakimBarclays