Precision Drilling Corp cash flow statement

In fiscal 2025, Precision Drilling Corp's operations generated $296m of cash; it spent $189m on capital projects, leaving free cash flow of $107m.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Precision Drilling Corp: cash flow statement, annual
Fiscal year	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash from operations	93	90	227	217	169	111	182	371	352	296
Depreciation and amortisation	296	291	291	251	236	225	215	221	226	228
Capital spending	154	58	88	121	46	61	142	167	158	189
Free cash flow	−61	32	138	97	123	51	41	204	194	107

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Precision Drilling Corp's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Precision Drilling Corp.