Patterson Uti Energy (PTEN) Asset Utilization Ratio (2009 - 2026)

Patterson Uti Energy has disclosed Asset Utilization Ratio across 18 years of filings, most recently posting 0.85 for Q1 2026.

• Asset Utilization Ratio for Q1 2026 came in at 0.85, down 3.88% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.85 (down 3.88% YoY), and the FY2025 annual result was 0.85, up 4.31% from the prior year.
• Asset Utilization Ratio came in at 0.85 for Q1 2026 at Patterson Uti Energy, down from 0.87 in the prior quarter.
• In the past five years, Asset Utilization Ratio ranged from a high of 0.99 in Q2 2023 to a low of 0.41 in Q1 2022.
• The 5-year median for Asset Utilization Ratio is 0.86 (2022), against an average of 0.77.
• Across the five-year window, Asset Utilization Ratio surged 174.38% in 2022 and tumbled 34.72% in 2023, its largest moves.
• Patterson Uti Energy's Asset Utilization Ratio stood at 0.86 in 2022, then plunged by 34.72% to 0.56 in 2023, then surged by 63.16% to 0.91 in 2024, then decreased by 4.64% to 0.87 in 2025, then decreased by 1.86% to 0.85 in 2026.
• The last three Asset Utilization Ratio figures came in at 0.85 (Q1 2026), 0.87 (Q4 2025), and 0.87 (Q3 2025), per Business Quant data.