Precision Drilling Corporation (PD) — Capital Reinvestment Ratio
Precision Drilling Corporation (PD) has a Capital Reinvestment Ratio of 1.03x as of March 2026, meaning it reinvests 1% of its operating cash flow (CA$63.15 Million) in capital expenditures (CA$65.00 Million). Check Precision Drilling Corporation tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Precision Drilling Corporation Capital Reinvestment Ratio (1995–2025)
This chart tracks Precision Drilling Corporation's Capital Reinvestment Ratio across 30 annual periods. For the full cash flow conversion analysis, see Precision Drilling Corporation operating cash flow efficiency.
Annual Capital Reinvestment Ratio for Precision Drilling Corporation (1995–2025)
Year-by-year Capital Reinvestment Ratio for Precision Drilling Corporation from 1995 to 2025. See Precision Drilling Corporation (PD) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.64x | CA$412.18 Million | CA$263.47 Million | ▲ +42.2% |
| 2024 | 0.45x | CA$482.08 Million | CA$216.70 Million | ▼ -0.8% |
| 2023 | 0.45x | CA$500.57 Million | CA$226.75 Million | ▼ -41.7% |
| 2022 | 0.78x | CA$237.10 Million | CA$184.25 Million | ▲ +42.5% |
| 2021 | 0.55x | CA$139.22 Million | CA$75.94 Million | ▲ +100.2% |
| 2020 | 0.27x | CA$226.12 Million | CA$61.59 Million | ▼ -51.2% |
| 2019 | 0.56x | CA$288.16 Million | CA$160.69 Million | ▲ +29.7% |
| 2018 | 0.43x | CA$293.33 Million | CA$126.14 Million | ▼ -48.9% |
| 2017 | 0.84x | CA$116.56 Million | CA$98.00 Million | ▼ -49.4% |
| 2016 | 1.66x | CA$122.51 Million | CA$203.47 Million | ▲ +87.2% |
| 2015 | 0.89x | CA$517.02 Million | CA$458.71 Million | ▼ -29.6% |
| 2014 | 1.26x | CA$680.16 Million | CA$856.69 Million | ▲ +0.6% |
| 2013 | 1.25x | CA$428.09 Million | CA$535.80 Million | ▼ -8.4% |
| 2012 | 1.37x | CA$635.29 Million | CA$868.06 Million | ▲ +0.2% |
| 2011 | 1.36x | CA$532.77 Million | CA$726.36 Million | ▲ +136.7% |
| 2010 | 0.58x | CA$305.39 Million | CA$175.90 Million | ▲ +50.3% |
| 2009 | 0.38x | CA$504.73 Million | CA$193.44 Million | ▼ -42.6% |
| 2008 | 0.67x | CA$343.91 Million | CA$229.58 Million | ▲ +72.8% |
| 2007 | 0.39x | CA$484.11 Million | CA$187.01 Million | ▼ -10.5% |
| 2006 | 0.43x | CA$609.74 Million | CA$263.03 Million | ▼ -54.3% |
| 2005 | 0.94x | CA$300.12 Million | CA$283.47 Million | ▲ +49.9% |
| 2004 | 0.63x | CA$448.04 Million | CA$282.22 Million | ▼ -48.3% |
| 2003 | 1.22x | CA$258.43 Million | CA$314.92 Million | ▼ -9.3% |
| 2002 | 1.34x | CA$199.22 Million | CA$267.79 Million | ▲ +58.7% |
| 2001 | 0.85x | CA$432.23 Million | CA$366.02 Million | ▼ -0.2% |
| 2000 | 0.85x | CA$236.88 Million | CA$201.00 Million | ▼ -39.5% |
| 1998 | 1.40x | CA$199.50 Million | CA$279.60 Million | ▼ -42.1% |
| 1997 | 2.42x | CA$251.30 Million | CA$608.70 Million | ▼ -51.5% |
| 1996 | 4.99x | CA$77.60 Million | CA$387.60 Million | ▲ +179.5% |
| 1995 | 1.79x | CA$13.60 Million | CA$24.30 Million | — |