Precision Drilling Corporation

Precision Drilling Corporation

90.43
USD
-1.38
(-1.50%)
-1.68EPS
985.28MMarket Cap
Oct 27Next Earn

Total Valuation

USD

As of June 30, 2026, Precision Drilling Corporation carries a market capitalization of 985.28M, placing it among publicly traded companies globally. Its enterprise value stands at 1.43B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap985.28M
Enterprise Value1.43B

Important Dates

Precision Drilling Corporation's next confirmed earnings release is scheduled for October 27, 2026.

Earnings Date10/27/2026

Share Statistics

As of June 30, 2026, Precision Drilling Corporation has 12.85M shares outstanding.

Shares Outstanding12.85M

Valuation Ratios

These figures are as of June 30, 2026. The price-to-sales ratio is 0.74, and the price-to-book ratio stands at 0.87.

PS Ratio0.74
PB Ratio0.87
P/TBV Ratio0.88
P/FCF Ratio12.07
P/OCF Ratio3.45

Enterprise Valuation

As of June 30, 2026, Precision Drilling Corporation trades at an EV/EBITDA multiple of 5.09 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 1.06 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 31.57 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. These enterprise value multiples are built on an enterprise value of 1.43B versus a market cap of 985.28M, with the gap driven by net debt and cash on the balance sheet.

EV / Sales1.06
EV / EBITDA5.09
EV / EBIT31.57

Financial Position

As of June 30, 2026, Precision Drilling Corporation maintains a current ratio of 1.46, meaning it holds 1.5x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 43.41, indicating elevated leverage, while an interest coverage ratio of 8.06 demonstrates adequate ability to service its debt obligations.

Current Ratio1.46
Quick Ratio1.29
Debt / Equity43.41
Debt / EBITDA1.74
Interest Coverage8.06

Financial Efficiency

USD

Over the twelve months ended June 30, 2026, Precision Drilling Corporation posted a negative return on equity (ROE) of -2.01, meaning shareholder capital produced losses rather than profits. Return on invested capital (ROIC) is negative at -7.07, so the business is destroying capital rather than earning a return above its cost of capital. Return on assets (ROA) is negative at -1.20, reflecting losses generated across the asset base. Return on capital employed (ROCE) is negative at -6.89, pointing to unprofitable operations over the period. The company generates approximately 251,084.06 in revenue per employee across its workforce of 5,387.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 6.67 indicates how many times Precision Drilling Corporation sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)-2.01
Return on Assets (ROA)-1.20
Return on Invested Capital (ROIC)-7.07
Return on Capital Employed (ROCE)-6.89
Revenue Per Employee251,084.06
Employee Count5,387.00
Inventory Turnover6.67

Taxes

USD

Over the twelve months ended June 30, 2026, Precision Drilling Corporation recorded 30.65M in income tax expense. That works out to an effective tax rate of 359.08, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 8.54M, leaving -23.08M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax30.65M
Effective Tax Rate359.08

Stock Price Statistics

USD

As of the close on October 22, 2026, Precision Drilling Corporation's stock has gained approximately 60.00% over the past 52 weeks. The 50-day moving average sits at 86.91, while the 200-day moving average is 87.08.

52-Week Price Change60.00%
50-Day Moving Average86.91
200-Day Moving Average87.08

Income Statement

USD

Over the twelve months ended June 30, 2026, Precision Drilling Corporation generated 1.35B in revenue and converted that into -23.08M in net income, yielding earnings per share of -1.68. EBITDA reached 281.46M, while operating income came in at 44.34M.

Revenue1.35B
Gross Profit1.12B
Operating Income44.34M
Pretax Income8.54M
Net Income-23.08M
EBITDA281.46M
EBIT45.40M
Earnings Per Share (EPS)-1.68

Balance Sheet

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As of June 30, 2026, Precision Drilling Corporation holds 46.71M in cash and equivalents against 491.14M in total debt, resulting in a net debt position of 394.61M. Total book value stands at 1.13B, with working capital of 103.52M providing operational flexibility.

Cash & Cash Equivalents46.71M
Total Debt491.14M
Net Debt394.61M
Equity (Book Value)1.13B
Book Value Per Share87.76
Working Capital103.52M

Cash Flow

USD

Precision Drilling Corporation produced 289.39M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -205.84M in capital expenditures, free cash flow totaled 83.55M - equivalent to 6.41 per share.

Operating Cash Flow289.39M
Capital Expenditures-205.84M
Free Cash Flow83.55M
FCF Per Share6.41

Margins

Over the twelve months ended June 30, 2026, Precision Drilling Corporation posted a gross margin of 82.55, reflecting its pricing power and cost economics. The operating margin of 3.28 and net profit margin of -1.71 provide insight into operational efficiency.

Gross Margin82.55
Operating Margin3.28
Pretax Margin0.63
Profit Margin-1.71
EBITDA Margin20.81

Dividends & Yields

These figures cover the twelve months ended June 30, 2026. Free cash flow yield stands at 8.29, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 10.60, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Precision Drilling Corporation shareholders.

Shareholder Yield10.60
FCF Yield8.29

Stock Splits

Precision Drilling Corporation's most recent stock split took place on November 12, 2020 with a 20:1 split ratio.

Last Split Date11/12/2020
Split Ratio20:1

Scores

As of June 30, 2026, Precision Drilling Corporation has an Altman Z-Score of 1.14, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score1.14