Precision Drilling Corporation Capital Reinvestment Ratio
Precision Drilling Corporation 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). See how much free cash does Precision Drilling Corporation generate to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Precision Drilling Corporation (1995–2025)
Capital reinvestment ratio of Precision Drilling Corporation from 1995 to 2025. This chart tracks Precision Drilling Corporation's Capital Reinvestment Ratio across 30 annual periods. See Precision Drilling Corporation free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
Precision Drilling Corporation Capital Reinvestment Ratio by Year (1995–2025)
Precision Drilling Corporation capital reinvestment ratio by year from 1995 to 2025. For the full cash flow conversion analysis, see PD cash flow conversion.
| 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 | — |