Precision Drilling Corp
TSX:PD
Income Statement
Earnings Waterfall
Precision Drilling Corp
Revenue
|
1.9B
CAD
|
Cost of Revenue
|
-1.2B
CAD
|
Gross Profit
|
733.3m
CAD
|
Operating Expenses
|
-419.7m
CAD
|
Operating Income
|
313.6m
CAD
|
Other Expenses
|
-24.3m
CAD
|
Net Income
|
289.2m
CAD
|
Income Statement
Precision Drilling Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
2 030
N/A
|
2 107
+4%
|
2 203
+5%
|
2 299
+4%
|
2 351
+2%
|
2 190
-7%
|
2 050
-6%
|
1 829
-11%
|
1 556
-15%
|
1 345
-14%
|
1 196
-11%
|
1 046
-13%
|
1 003
-4%
|
1 047
+4%
|
1 153
+10%
|
1 254
+9%
|
1 321
+5%
|
1 354
+2%
|
1 393
+3%
|
1 461
+5%
|
1 541
+5%
|
1 574
+2%
|
1 603
+2%
|
1 596
0%
|
1 541
-3%
|
1 487
-4%
|
1 317
-11%
|
1 106
-16%
|
936
-15%
|
793
-15%
|
804
+1%
|
893
+11%
|
987
+10%
|
1 102
+12%
|
1 578
+43%
|
1 753
+11%
|
1 617
-8%
|
2 176
+35%
|
1 924
-12%
|
1 941
+1%
|
1 938
0%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 249)
|
(1 302)
|
(1 348)
|
(1 383)
|
(1 406)
|
(1 314)
|
(1 213)
|
(1 090)
|
(924)
|
(792)
|
(722)
|
(649)
|
(662)
|
(727)
|
(808)
|
(876)
|
(926)
|
(942)
|
(963)
|
(1 016)
|
(1 068)
|
(1 081)
|
(1 097)
|
(1 082)
|
(1 039)
|
(999)
|
(853)
|
(706)
|
(604)
|
(519)
|
(560)
|
(641)
|
(719)
|
(809)
|
(1 161)
|
(1 256)
|
(1 125)
|
(1 464)
|
(1 225)
|
(1 228)
|
(1 205)
|
|
Gross Profit |
781
N/A
|
805
+3%
|
855
+6%
|
916
+7%
|
945
+3%
|
877
-7%
|
836
-5%
|
740
-12%
|
631
-15%
|
553
-12%
|
474
-14%
|
397
-16%
|
342
-14%
|
321
-6%
|
346
+8%
|
378
+9%
|
395
+5%
|
412
+4%
|
430
+4%
|
446
+4%
|
473
+6%
|
493
+4%
|
506
+3%
|
514
+2%
|
502
-2%
|
488
-3%
|
464
-5%
|
401
-14%
|
331
-17%
|
274
-17%
|
244
-11%
|
252
+3%
|
268
+6%
|
292
+9%
|
417
+43%
|
498
+19%
|
493
-1%
|
711
+44%
|
699
-2%
|
713
+2%
|
733
+3%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(476)
|
(497)
|
(540)
|
(561)
|
(593)
|
(831)
|
(846)
|
(631)
|
(624)
|
(595)
|
(557)
|
(524)
|
(499)
|
(499)
|
(490)
|
(485)
|
(468)
|
(463)
|
(469)
|
(477)
|
(464)
|
(467)
|
(455)
|
(438)
|
(438)
|
(422)
|
(412)
|
(399)
|
(392)
|
(381)
|
(385)
|
(387)
|
(381)
|
(405)
|
(523)
|
(524)
|
(460)
|
(547)
|
(429)
|
(452)
|
(420)
|
|
Selling, General & Administrative |
(143)
|
(144)
|
(153)
|
(152)
|
(144)
|
(150)
|
(141)
|
(129)
|
(137)
|
(119)
|
(115)
|
(110)
|
(108)
|
(105)
|
(98)
|
(99)
|
(90)
|
(94)
|
(105)
|
(113)
|
(112)
|
(114)
|
(109)
|
(100)
|
(104)
|
(93)
|
(85)
|
(77)
|
(76)
|
(76)
|
(91)
|
(102)
|
(99)
|
(132)
|
(176)
|
(176)
|
(181)
|
(197)
|
(143)
|
(162)
|
(122)
|
|
Depreciation & Amortization |
(333)
|
(354)
|
(387)
|
(409)
|
(449)
|
(459)
|
(473)
|
(491)
|
(487)
|
(466)
|
(442)
|
(414)
|
(392)
|
(394)
|
(393)
|
(386)
|
(378)
|
(369)
|
(364)
|
(364)
|
(366)
|
(367)
|
(360)
|
(352)
|
(334)
|
(330)
|
(328)
|
(323)
|
(316)
|
(305)
|
(294)
|
(286)
|
(282)
|
(279)
|
(347)
|
(347)
|
(279)
|
(351)
|
(286)
|
(290)
|
(298)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
(222)
|
(232)
|
(10)
|
0
|
(10)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
14
|
14
|
14
|
14
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
5
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
306
N/A
|
307
+0%
|
315
+3%
|
355
+13%
|
352
-1%
|
46
-87%
|
(10)
N/A
|
109
N/A
|
8
-93%
|
(42)
N/A
|
(83)
-97%
|
(127)
-53%
|
(158)
-24%
|
(178)
-13%
|
(145)
+19%
|
(107)
+26%
|
(73)
+32%
|
(51)
+30%
|
(39)
+24%
|
(31)
+20%
|
10
N/A
|
26
+178%
|
51
+94%
|
76
+49%
|
65
-15%
|
66
+2%
|
52
-21%
|
2
-97%
|
(61)
N/A
|
(107)
-76%
|
(141)
-31%
|
(136)
+3%
|
(114)
+16%
|
(113)
+0%
|
(106)
+6%
|
(26)
+75%
|
33
N/A
|
164
+404%
|
270
+64%
|
261
-3%
|
314
+20%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(84)
|
(86)
|
(92)
|
(97)
|
(109)
|
(79)
|
(95)
|
(86)
|
(88)
|
(140)
|
(133)
|
(144)
|
(152)
|
(141)
|
(141)
|
(140)
|
(134)
|
(134)
|
(133)
|
(131)
|
(131)
|
(127)
|
(121)
|
(121)
|
(110)
|
(111)
|
(111)
|
(110)
|
(112)
|
(104)
|
(104)
|
(96)
|
(92)
|
(84)
|
(97)
|
(98)
|
(76)
|
(102)
|
(88)
|
(83)
|
(88)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
(222)
|
0
|
0
|
(322)
|
(486)
|
(475)
|
(476)
|
(372)
|
2
|
0
|
2
|
(3)
|
(24)
|
(24)
|
(27)
|
(27)
|
(202)
|
(203)
|
(200)
|
(198)
|
(14)
|
(23)
|
(29)
|
2
|
52
|
61
|
65
|
38
|
14
|
0
|
6
|
0
|
0
|
0
|
0
|
0
|
16
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
3
|
0
|
0
|
37
|
43
|
47
|
51
|
19
|
15
|
14
|
12
|
10
|
8
|
8
|
9
|
10
|
23
|
28
|
30
|
39
|
29
|
23
|
24
|
|
Total Other Income |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
(1)
|
(1)
|
(1)
|
2
|
(0)
|
(0)
|
(0)
|
(1)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
|
Pre-Tax Income |
222
N/A
|
221
0%
|
223
+1%
|
258
+16%
|
21
-92%
|
(34)
N/A
|
(105)
-210%
|
(298)
-185%
|
(566)
-90%
|
(657)
-16%
|
(693)
-5%
|
(644)
+7%
|
(309)
+52%
|
(320)
-4%
|
(285)
+11%
|
(250)
+12%
|
(232)
+7%
|
(209)
+10%
|
(196)
+6%
|
(187)
+5%
|
(324)
-73%
|
(268)
+17%
|
(227)
+15%
|
(196)
+14%
|
(8)
+96%
|
(48)
-483%
|
(74)
-52%
|
(93)
-26%
|
(109)
-18%
|
(140)
-28%
|
(172)
-23%
|
(186)
-8%
|
(183)
+2%
|
(188)
-3%
|
(175)
+7%
|
(97)
+45%
|
(14)
+85%
|
100
N/A
|
210
+109%
|
200
-4%
|
266
+33%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(30)
|
(22)
|
(31)
|
(43)
|
12
|
(11)
|
38
|
92
|
203
|
250
|
258
|
248
|
153
|
161
|
148
|
134
|
100
|
82
|
58
|
44
|
29
|
17
|
10
|
5
|
15
|
25
|
15
|
9
|
(11)
|
(11)
|
(6)
|
(2)
|
5
|
3
|
(2)
|
(12)
|
(20)
|
(39)
|
(53)
|
(54)
|
23
|
|
Income from Continuing Operations |
191
|
199
|
192
|
215
|
33
|
(44)
|
(67)
|
(207)
|
(363)
|
(407)
|
(435)
|
(396)
|
(156)
|
(158)
|
(137)
|
(116)
|
(132)
|
(128)
|
(139)
|
(143)
|
(294)
|
(251)
|
(218)
|
(191)
|
7
|
(24)
|
(59)
|
(84)
|
(120)
|
(151)
|
(178)
|
(188)
|
(177)
|
(185)
|
(178)
|
(109)
|
(34)
|
62
|
157
|
146
|
289
|
|
Net Income (Common) |
191
N/A
|
199
+4%
|
192
-4%
|
215
+12%
|
33
-85%
|
(44)
N/A
|
(67)
-51%
|
(207)
-208%
|
(363)
-76%
|
(407)
-12%
|
(435)
-7%
|
(396)
+9%
|
(156)
+61%
|
(158)
-2%
|
(137)
+14%
|
(116)
+15%
|
(132)
-14%
|
(128)
+3%
|
(139)
-9%
|
(143)
-3%
|
(294)
-106%
|
(251)
+15%
|
(218)
+13%
|
(191)
+12%
|
7
N/A
|
(24)
N/A
|
(59)
-148%
|
(84)
-43%
|
(120)
-43%
|
(151)
-26%
|
(178)
-18%
|
(188)
-5%
|
(177)
+5%
|
(185)
-4%
|
(178)
+4%
|
(109)
+39%
|
(34)
+69%
|
62
N/A
|
157
+155%
|
146
-7%
|
289
+98%
|
|
EPS (Diluted) |
13.17
N/A
|
13.56
+3%
|
13.13
-3%
|
14.63
+11%
|
2.26
-85%
|
-3.02
N/A
|
-4.52
-50%
|
-14.14
-213%
|
-24.89
-76%
|
-27.9
-12%
|
-29.41
-5%
|
-26.93
+8%
|
-10.58
+61%
|
-10.76
-2%
|
-9.29
+14%
|
-7.88
+15%
|
-8.97
-14%
|
-8.69
+3%
|
-9.42
-8%
|
-9.72
-3%
|
-20.02
-106%
|
-16.74
+16%
|
-14.8
+12%
|
-13.05
+12%
|
0.45
N/A
|
-1.71
N/A
|
-4.29
-151%
|
-6.11
-42%
|
-8.76
-43%
|
-11.35
-30%
|
-13.38
-18%
|
-14.09
-5%
|
-13.32
+5%
|
-13.73
-3%
|
-13.09
+5%
|
-7.24
+45%
|
-2.53
+65%
|
4.14
N/A
|
10.63
+157%
|
10.72
+1%
|
18.92
+76%
|