Precision Drilling Corporation

Precision Drilling Corporation

127.08
CAD
-2.13
(-1.65%)
-2.39EPS
1.40BMarket Cap
Oct 27Next Earn

Total Valuation

CAD

As of June 30, 2026, Precision Drilling Corporation carries a market capitalization of 1.40B, placing it among publicly traded companies globally. Its enterprise value stands at 2.04B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap1.40B
Enterprise Value2.04B

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 Ratio12.08
P/OCF Ratio3.46

Enterprise Valuation

As of June 30, 2026, Precision Drilling Corporation trades at an EV/EBITDA multiple of 5.10 - 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 31.59 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 2.04B versus a market cap of 1.40B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales1.06
EV / EBITDA5.10
EV / EBIT31.59

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

CAD

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 356,341.01 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 Employee356,341.01
Employee Count5,387.00
Inventory Turnover6.67

Taxes

CAD

Over the twelve months ended June 30, 2026, Precision Drilling Corporation recorded 43.50M 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 12.12M, leaving -32.75M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax43.50M
Effective Tax Rate359.08

Stock Price Statistics

CAD

As of the close on October 22, 2026, Precision Drilling Corporation's stock has gained approximately 61.21% over the past 52 weeks. The 50-day moving average sits at 121.64, while the 200-day moving average is 120.77.

52-Week Price Change61.21%
50-Day Moving Average121.64
200-Day Moving Average120.77

Income Statement

CAD

Over the twelve months ended June 30, 2026, Precision Drilling Corporation generated 1.92B in revenue and converted that into -32.75M in net income, yielding earnings per share of -2.39. EBITDA reached 399.45M, while operating income came in at 62.92M.

Revenue1.92B
Gross Profit1.58B
Operating Income62.92M
Pretax Income12.12M
Net Income-32.75M
EBITDA399.45M
EBIT64.43M
Earnings Per Share (EPS)-2.39

Balance Sheet

CAD

As of June 30, 2026, Precision Drilling Corporation holds 66.29M in cash and equivalents against 697.02M in total debt, resulting in a net debt position of 560.04M. Total book value stands at 1.60B, with working capital of 146.91M providing operational flexibility.

Cash & Cash Equivalents66.29M
Total Debt697.02M
Net Debt560.04M
Equity (Book Value)1.60B
Book Value Per Share124.55
Working Capital146.91M

Cash Flow

CAD

Precision Drilling Corporation produced 410.71M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -292.12M in capital expenditures, free cash flow totaled 118.58M - equivalent to 9.10 per share.

Operating Cash Flow410.71M
Capital Expenditures-292.12M
Free Cash Flow118.58M
FCF Per Share9.10

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 8.28, 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 10.58, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Precision Drilling Corporation shareholders.

Shareholder Yield10.58
FCF Yield8.28

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 1.15, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score1.15