PDS (Precision Drilling) Interest Expense: $-38 Mil (TTM As of Mar. 2026)

What is Precision Drilling Interest Expense?

Precision Drilling PDS -0.07% 71 Interest Expense is $-38 Mil as of Mar. 2026. GuruFocus rates PDS with a GF Score™ of 71/100 and a GF Value™ of $65.99 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Precision Drilling's interest expense for the three months ended in Mar. 2026 was $ -9 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was $-38 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Precision Drilling's Operating Income for the three months ended in Mar. 2026 was $ 29 Mil. Precision Drilling's Interest Expense for the three months ended in Mar. 2026 was $ -9 Mil. Precision Drilling's Interest Coverage for the quarter that ended in Mar. 2026 was 3.17. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Precision Drilling (NYSE:PDS) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Precision Drilling's Interest Expense for the three months ended in Mar. 2026 was $-9 Mil. Its Operating Income for the three months ended in Mar. 2026 was $29 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was $520 Mil.

Precision Drilling's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2026 )	/	Interest Expense (Q: Mar. 2026 )
	=	-1	*	28.875	/	-9.1
	=	3.17

* 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.

The higher the ratio, the stronger the company's financial strength is.

Precision Drilling Interest Expense Historical Data

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The historical data trend for Precision Drilling's Interest Expense can be seen below:

Precision Drilling Interest Expense Chart

Precision Drilling Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Interest Expense

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-63.88

-62.54

-60.42

-47.92

-40.44

Precision Drilling Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Interest Expense	Get a 7-Day Free Trial															-10.82	-10.56	-9.56	-9.13	-9.10

71GF Score

Precision Drilling Corp PDS

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

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Precision Drilling Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-38 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of $-38 Mil mean?

Precision Drilling (PDS) has a Interest Expense of $-38 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Precision Drilling and its competitors.

Is Precision Drilling's Interest Expense too high?

Precision Drilling's current Interest Expense is $-38 Mil. Overall, Precision Drilling has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Precision Drilling's Interest Expense compare to NE and RIG?

Precision Drilling's Interest Expense of $-38 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 Interest Expense for an Oil & Gas company?

A good Interest Expense depends on the Oil & Gas industry context. However, Interest Expense 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 Interest Expense mean?

A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Precision Drilling and its competitors. Precision Drilling's current Interest Expense is $-38 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 (PDS) is currently considered Modestly Overvalued. The stock's GF Value™ is $65.99, compared to a current price of $77.59 — trading 17.6% above its estimated fair value. The current Interest Expense is $-38 Mil. Precision Drilling's overall GF Score™ is 71/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Interest Expense calculated?

Interest Expense is calculated from a company's financial statements. For Precision Drilling (PDS), the current Interest Expense is $-38 Mil 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 $77.59 is trading 17.6% above its estimated GF Value™ of $65.99. GuruFocus considers Precision Drilling to be Modestly Overvalued.

Key valuation signals for PDS:

Interest Expense: $-38 Mil
GF Value™: $65.99 vs. price of $77.59 (17.6% above fair value)
GF Score™: 71/100 with 2 warning signs

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 Business Description

Industry Energy Oil & Gas

Comparable Companies TSX:ESI TSX:PHX TSX:ACX TSX:AKT.A TSX:WRG TSXV:SDI TSXV:WGT ADX:ADNOCDRILL NE RIG SAU:2382 VAL SHSE:600871 PTEN HP SDRL SAU:2381 OSL:ODL BORR NBR

Other Exchanges PRE1:Germany PD:Canada

Address 525 - 8th Avenue SW, Suite 800, Calgary, AB, CAN, T2P 1G1

Website https://www.precisiondrilling.com

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.

71GF Score

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

$77.59

Price

$65.99

GF Value

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