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Side-by-side financial comparison of GREENLIGHT CAPITAL RE, LTD. (GLRE) and PRECISION DRILLING Corp (PDS). Click either name above to swap in a different company.

PRECISION DRILLING Corp is the larger business by last-quarter revenue ($299.5M vs $210.3M, roughly 1.4× GREENLIGHT CAPITAL RE, LTD.).

Greenlight Capital is an American hedge fund founded in 1996 by David Einhorn. Greenlight invests primarily in publicly traded North American corporate debt offerings and equities. Greenlight is most notable for its short selling of Lehman stock prior to Lehman Brothers' collapse in 2008 and the $11 million fine they received in January 2012 for insider trading in the UK. Einhorn remains the fund's manager.

Precision Drilling Corporation is the largest drilling rig contractor in Canada, also providing oil field rental and supplies.

GLRE vs PDS — Head-to-Head

Bigger by revenue
PDS
PDS
1.4× larger
PDS
$299.5M
$210.3M
GLRE

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
GLRE
GLRE
PDS
PDS
Revenue
$210.3M
$299.5M
Net Profit
$49.3M
Gross Margin
Operating Margin
Net Margin
23.4%
Revenue YoY
48.3%
Net Profit YoY
279.7%
EPS (diluted)
$1.43

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GLRE
GLRE
PDS
PDS
Q4 25
$210.3M
$299.5M
Q3 25
$146.1M
Q2 25
$160.1M
Q1 25
$213.3M
Q4 24
$141.8M
Q3 24
$188.0M
Q2 24
$174.9M
Q1 24
$191.3M
Net Profit
GLRE
GLRE
PDS
PDS
Q4 25
$49.3M
Q3 25
$-4.4M
Q2 25
$329.0K
Q1 25
$29.6M
Q4 24
$-27.4M
Q3 24
$35.2M
Q2 24
$8.0M
Q1 24
$27.0M
Net Margin
GLRE
GLRE
PDS
PDS
Q4 25
23.4%
Q3 25
-3.0%
Q2 25
0.2%
Q1 25
13.9%
Q4 24
-19.3%
Q3 24
18.7%
Q2 24
4.6%
Q1 24
14.1%
EPS (diluted)
GLRE
GLRE
PDS
PDS
Q4 25
$1.43
Q3 25
$-0.13
Q2 25
$0.01
Q1 25
$0.86
Q4 24
$-0.78
Q3 24
$1.01
Q2 24
$0.23
Q1 24
$0.78

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GLRE
GLRE
PDS
PDS
Cash + ST InvestmentsLiquidity on hand
$111.8M
Total DebtLower is stronger
$4.7M
Stockholders' EquityBook value
$708.0M
Total Assets
$2.2B
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GLRE
GLRE
PDS
PDS
Q4 25
$111.8M
Q3 25
$68.8M
Q2 25
$82.4M
Q1 25
$47.5M
Q4 24
$64.7M
Q3 24
$54.6M
Q2 24
$52.2M
Q1 24
$61.6M
Total Debt
GLRE
GLRE
PDS
PDS
Q4 25
$4.7M
Q3 25
$34.7M
Q2 25
$58.9M
Q1 25
$59.8M
Q4 24
$60.7M
Q3 24
$62.6M
Q2 24
$61.6M
Q1 24
$72.5M
Stockholders' Equity
GLRE
GLRE
PDS
PDS
Q4 25
$708.0M
Q3 25
$658.9M
Q2 25
$663.3M
Q1 25
$666.8M
Q4 24
$635.9M
Q3 24
$663.4M
Q2 24
$634.0M
Q1 24
$624.5M
Total Assets
GLRE
GLRE
PDS
PDS
Q4 25
$2.2B
Q3 25
$2.1B
Q2 25
$2.2B
Q1 25
$2.2B
Q4 24
$2.0B
Q3 24
$2.0B
Q2 24
$1.9B
Q1 24
$1.9B
Debt / Equity
GLRE
GLRE
PDS
PDS
Q4 25
0.01×
Q3 25
0.05×
Q2 25
0.09×
Q1 25
0.09×
Q4 24
0.10×
Q3 24
0.09×
Q2 24
0.10×
Q1 24
0.12×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GLRE
GLRE
PDS
PDS
Operating Cash FlowLast quarter
$100.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.03×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GLRE
GLRE
PDS
PDS
Q4 25
$100.2M
Q3 25
$31.2M
Q2 25
$68.4M
Q1 25
$10.4M
Q4 24
$29.5M
Q3 24
$41.3M
Q2 24
$22.7M
Q1 24
$18.0M
Cash Conversion
GLRE
GLRE
PDS
PDS
Q4 25
2.03×
Q3 25
Q2 25
208.02×
Q1 25
0.35×
Q4 24
Q3 24
1.17×
Q2 24
2.85×
Q1 24
0.66×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GLRE
GLRE

Other$124.7M59%
Innovations$85.6M41%

PDS
PDS

Segment breakdown not available.

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