Precision Drilling (TSX:PD) Accumulated Depreciation: C$0 Mil (As of Jun. 2026)

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TSX:PD Precision Drilling Corp TSX:PD
78 GF Score
Price C$122.98
GF Value C$98.89
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Precision Drilling Accumulated Depreciation?

Precision Drilling TSX:PD +4.84% 78 Accumulated Depreciation is C$0 Mil as of Jun. 2026. GuruFocus rates TSX:PD with a GF Score™ of 78/100 and a GF Value™ of C$98.89 (Modestly Overvalued). The stock has 1 warning sign investors should review.

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Precision Drilling's quarterly accumulated depreciation declined from Dec. 2025 (C$-4,777 Mil) to Mar. 2026 (C$0 Mil) but then stayed the same from Mar. 2026 (C$0 Mil) to Jun. 2026 (C$0 Mil).

Precision Drilling's annual accumulated depreciation increased from Dec. 2023 (C$-4,581 Mil) to Dec. 2024 (C$-4,988 Mil) but then stayed the same from Dec. 2024 (C$-4,988 Mil) to Dec. 2025 (C$-4,777 Mil).

Precision Drilling Accumulated Depreciation Related Terms

Precision Drilling Accumulated Depreciation Historical Data

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The historical data trend for Precision Drilling's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Precision Drilling Accumulated Depreciation Chart

Precision Drilling Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accumulated Depreciation
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4,245.33 -4,603.43 -4,580.68 -4,988.36 -4,776.62

Precision Drilling Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Accumulated Depreciation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 -4,776.62 0.00 0.00
TSX:PD
78GF Score
Precision Drilling Corp TSX:PD
Accumulated Depreciation is just one metric. See GF Score™, valuation, warning signs, and more.
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Precision Drilling Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

What does a Accumulated Depreciation of C$0 Mil mean?
Precision Drilling (TSX:PD) has a Accumulated Depreciation of C$0 Mil as of Jun. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Precision Drilling and its competitors.
Is Precision Drilling's Accumulated Depreciation too high?
Precision Drilling's current Accumulated Depreciation is C$0 Mil. Overall, Precision Drilling has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Precision Drilling's Accumulated Depreciation compare to NE and RIG?
Precision Drilling's Accumulated Depreciation of C$0 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for an Oil & Gas company?
A good Accumulated Depreciation depends on the Oil & Gas industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Precision Drilling and its competitors. Precision Drilling's current Accumulated Depreciation is C$0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Precision Drilling stock overvalued right now?
Based on GuruFocus' analysis, Precision Drilling (TSX:PD) is currently considered Modestly Overvalued. The stock's GF Value™ is C$98.89, compared to a current price of C$122.98 — trading 24.4% above its estimated fair value. The current Accumulated Depreciation is C$0 Mil. Precision Drilling's overall GF Score™ is 78/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For Precision Drilling (TSX:PD), the current Accumulated Depreciation is C$0 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Precision Drilling (TSX:PD) Overvalued in 2026?

Based on GuruFocus' analysis, Precision Drilling stock appears to be overvalued. The current stock price of C$122.98 is trading 24.4% above its estimated GF Value™ of C$98.89. GuruFocus considers Precision Drilling to be Modestly Overvalued.

Key valuation signals for TSX:PD:

  • Accumulated Depreciation: C$0 Mil
  • GF Value™: C$98.89 vs. price of C$122.98 (24.4% above fair value)
  • GF Score™: 78/100 with 1 warning sign

No single metric tells the full story. See the TSX:PD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Precision Drilling Business Description

Industry EnergyOil & Gas
Other Exchanges PDS:USAPRE1:Germany
Address 525 - 8th Avenue SW, Suite 800, Calgary, AB, CAN, T2P 1G1
Precision Drilling Corp is a provider of contract drilling, completion, and production services to oil and natural gas exploration and production companies in Canada, the United States, and certain international locations. The company operates through two industry segments: Contract Drilling Services, which generates maximum revenue and includes drilling rigs, procurement and distribution of oilfield supplies, and the manufacture, sale, and repair of drilling equipment; and Completion and Production Services, which includes service rigs, oilfield equipment rental, and camp services. The company generates the majority of its revenue from the United States.
78GF Score

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Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$122.98
Price
C$98.89
GF Value