Precision Drilling Corporation (PD) — Cash Flow Reinvestment Rate
Precision Drilling Corporation (PD) has a Cash Flow Reinvestment Rate of 1.04x as of March 2026, reinvesting CA$65.70 Million (capex CA$65.00 Million plus investments CA$-698.00K) from operating cash flow of CA$63.15 Million. See PD cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Precision Drilling Corporation Cash Flow Reinvestment Rate (1995–2025)
Historical reinvestment intensity for Precision Drilling Corporation across 30 annual periods. For the full cash flow conversion analysis, see Precision Drilling Corporation cash flow conversion.
Annual Cash Flow Reinvestment Rate for Precision Drilling Corporation (1995–2025)
Year-by-year capital reinvestment analysis for Precision Drilling Corporation. See Precision Drilling Corporation (PD) flexibility index to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (CAD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.64x | CA$263.50 Million | CA$412.18 Million | CA$263.47 Million | ▼ -26.6% |
| 2024 | 0.87x | CA$419.68 Million | CA$482.08 Million | CA$216.70 Million | ▲ +1.5% |
| 2023 | 0.86x | CA$429.49 Million | CA$500.57 Million | CA$226.75 Million | ▼ -38.1% |
| 2022 | 1.39x | CA$328.67 Million | CA$237.10 Million | CA$184.25 Million | ▲ +142.9% |
| 2021 | 0.57x | CA$79.44 Million | CA$139.22 Million | CA$75.94 Million | ▲ +26.4% |
| 2020 | 0.45x | CA$102.11 Million | CA$226.12 Million | CA$61.59 Million | ▼ -44.7% |
| 2019 | 0.82x | CA$235.19 Million | CA$288.16 Million | CA$160.69 Million | ▲ +5.5% |
| 2018 | 0.77x | CA$226.94 Million | CA$293.33 Million | CA$126.14 Million | ▼ -52.3% |
| 2017 | 1.62x | CA$189.15 Million | CA$116.56 Million | CA$98.00 Million | ▼ -52.4% |
| 2016 | 3.41x | CA$417.40 Million | CA$122.51 Million | CA$203.47 Million | ▲ +253.4% |
| 2015 | 0.96x | CA$498.40 Million | CA$517.02 Million | CA$458.71 Million | ▼ -26.9% |
| 2014 | 1.32x | CA$896.38 Million | CA$680.16 Million | CA$856.69 Million | ▲ +5.3% |
| 2013 | 1.25x | CA$535.80 Million | CA$428.09 Million | CA$535.80 Million | ▼ -8.4% |
| 2012 | 1.37x | CA$868.06 Million | CA$635.29 Million | CA$868.06 Million | ▲ +0.2% |
| 2011 | 1.36x | CA$726.36 Million | CA$532.77 Million | CA$726.36 Million | ▲ +136.7% |
| 2010 | 0.58x | CA$175.90 Million | CA$305.39 Million | CA$175.90 Million | ▲ +50.3% |
| 2009 | 0.38x | CA$193.44 Million | CA$504.73 Million | CA$193.44 Million | ▼ -42.6% |
| 2008 | 0.67x | CA$229.58 Million | CA$343.91 Million | CA$229.58 Million | ▲ +72.8% |
| 2007 | 0.39x | CA$187.01 Million | CA$484.11 Million | CA$187.01 Million | ▼ -10.5% |
| 2006 | 0.43x | CA$263.03 Million | CA$609.74 Million | CA$263.03 Million | ▼ -54.3% |
| 2005 | 0.94x | CA$283.47 Million | CA$300.12 Million | CA$283.47 Million | ▲ +49.9% |
| 2004 | 0.63x | CA$282.22 Million | CA$448.04 Million | CA$282.22 Million | ▼ -48.3% |
| 2003 | 1.22x | CA$314.92 Million | CA$258.43 Million | CA$314.92 Million | ▼ -9.3% |
| 2002 | 1.34x | CA$267.79 Million | CA$199.22 Million | CA$267.79 Million | ▲ +58.7% |
| 2001 | 0.85x | CA$366.02 Million | CA$432.23 Million | CA$366.02 Million | ▼ -0.2% |
| 2000 | 0.85x | CA$201.00 Million | CA$236.88 Million | CA$201.00 Million | ▼ -39.5% |
| 1998 | 1.40x | CA$279.60 Million | CA$199.50 Million | CA$279.60 Million | ▼ -42.1% |
| 1997 | 2.42x | CA$608.70 Million | CA$251.30 Million | CA$608.70 Million | ▼ -51.5% |
| 1996 | 4.99x | CA$387.60 Million | CA$77.60 Million | CA$387.60 Million | ▲ +179.5% |
| 1995 | 1.79x | CA$24.30 Million | CA$13.60 Million | CA$24.30 Million | — |