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Precision DrillingPDS -0.07%72 Debt-to-Equity is 0.45 as of Mar. 2026, which is 53% below its 10-year median of 0.96. GuruFocus rates PDS with a GF Score™ of 72/100 and a GF Value™ of $67.55 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 796 Oil & Gas companies, Precision Drilling ranks better than 51.26% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Precision Drilling's Debt-to-Equity or its related term are showing as below:
PDS'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45 Med: 0.96 Max: 1.1
Current: 0.45
During the past 13 years, the highest Debt-to-Equity Ratio of Precision Drilling was 1.10. The lowest was 0.45. And the median was 0.96.
PDS's Debt-to-Equity is ranked better than 51.26% of 796
companies
in the Oil & Gas industry
Industry Median: 0.465
vs PDS: 0.45
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Precision Drilling Debt-to-Equity Related Terms
Precision Drilling Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Precision Drilling's Debt-to-Equity 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.
For the Oil & Gas Drilling subindustry, Precision Drilling's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Precision Drilling Debt-to-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Precision Drilling's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Precision Drilling's Debt-to-Equity falls into.
* 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 (PDS) has a Debt-to-Equity of 0.45 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Precision Drilling and its competitors. This is 53% below median its historical median of 0.96. Over the past decade, Precision Drilling's Debt-to-Equity has ranged from 0.45 to 1.10. According to the industry distribution chart, Precision Drilling ranks #388 out of 796 companies in the Oil & Gas industry, placing it in the top 48.7%.
Is Precision Drilling's Debt-to-Equity too high?
Precision Drilling's current Debt-to-Equity of 0.45 is 53% below median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 1.10. The Oil & Gas industry median Debt-to-Equity is 0.47. Precision Drilling's value of 0.45 is 3.2% below this industry median. Based on the distribution chart, Precision Drilling ranks #388 out of 796 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Precision Drilling has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Precision Drilling's Debt-to-Equity compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Precision Drilling ranks #388 out of 796 companies for Debt-to-Equity. This puts Precision Drilling in the upper half of its industry. The industry median Debt-to-Equity is 0.47. Precision Drilling's value of 0.45 is 3.2% below this benchmark. Historically, Precision Drilling's own Debt-to-Equity has ranged from 0.45 to 1.10 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 0.47, Precision Drilling has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.47, based on 796 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Precision Drilling's current Debt-to-Equity of 0.45 is 3.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Precision Drilling and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Precision Drilling's current Debt-to-Equity is 0.45, which is 53% below median its own 10-year median of 0.96. 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 (PDS) is currently considered Modestly Overvalued. The stock's GF Value™ is $67.55, compared to a current price of $85.48 — trading 26.5% above its estimated fair value. The current Debt-to-Equity is 0.45, which is 53% below median its 10-year median of 0.96 and 3.2% below the Oil & Gas industry median of 0.47. Precision Drilling's overall GF Score™ is 72/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Precision Drilling (PDS), the current Debt-to-Equity is 0.45 as of Mar. 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 (PDS) Overvalued in 2026?
Based on GuruFocus' analysis, Precision Drilling stock appears to be overvalued.
The current stock price of $85.48 is trading 26.5% above its estimated GF Value™ of $67.55.
GuruFocus considers Precision Drilling to be Modestly Overvalued.
Key valuation signals for PDS:
Debt-to-Equity: 0.45 (53% below median its 10-year median of 0.96)
GF Value™: $67.55 vs. price of $85.48 (26.5% above fair value)
Industry Position: 3.2% below the Oil & Gas median (#388 of 796)
No single metric tells the full story. See the PDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
72GF Score
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