Patterson Uti Energy (PTEN) Current Leases (2019 - 2026)
Patterson Uti Energy (PTEN) posted Current Leases of $5.7 million for Q1 2026, down 26.74% sequentially from $7.7 million in Q4 2025, and down 58.38% YoY from $13.6 million in Q1 2025.
Patterson Uti Energy (PTEN) Current Leases (2019 - 2026) Analysis & Trends
Patterson Uti Energy has reported Current Leases for 8 years, with the latest figure at $5.7 million in Q1 2026.
- Quarterly Current Leases fell 58.38% year-over-year to $5.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.7 million (down 58.38% YoY) and the FY2025 annual result came in at $7.7 million, down 42.05% from the prior year.
- Current Leases eased to $5.7 million in Q1 2026 per PTEN's latest filing, from $7.7 million in the prior quarter.
- Over five years, Current Leases peaked at $21.7 million in Q1 2024 and troughed at $4.8 million in Q2 2023.
- A 5-year average of $10.9 million and a median of $12.6 million in 2023 frame the typical range for Current Leases.
- The sharpest annual moves came in 2024 and 2026: Current Leases soared 330.78% in 2024, then tumbled 58.38% in 2026.
- Over 5 years, Current Leases stood at $5.1 million in 2022, then jumped by 164.32% to $13.5 million in 2023, then retreated by 1.62% to $13.3 million in 2024, then plunged by 42.05% to $7.7 million in 2025, then retreated by 26.74% to $5.7 million in 2026.
- According to Business Quant data, Current Leases over the past three periods registered $5.7 million, $7.7 million, and $17.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.41 Bn | 6.95 Bn | 273.38 Mn | - |
| 2 | Transocean | 6.62 Bn | 5.83 Bn | 358.00 Mn | - |
| 3 | Patterson Uti Energy | 4.62 Bn | 4.41 Bn | 597.25 Mn | 17.03 Mn |
| 4 | Helmerich & Payne | 4.35 Bn | 4.11 Bn | 349.94 Mn | - |
| 5 | Seadrill | 2.93 Bn | 2.57 Bn | 234.00 Mn | - |
| 6 | Borr Drilling | 1.38 Bn | 1.15 Bn | - | - |
| 7 | Nabors Industries | 1.29 Bn | 782.73 Mn | 309.38 Mn | 8.26 Mn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 14.13 Mn |
| 9 | Valaris | 880.11 Mn | 338.91 Mn | 123.70 Mn | - |
| 10 | Sable Offshore | 808.02 Mn | 786.42 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 17.03 Mn |
| Mar 31, 2026 | 5.66 Mn |
| Dec 31, 2025 | 7.72 Mn |
| Sep 30, 2025 | 17.22 Mn |
| Jun 30, 2025 | 13.23 Mn |
| Mar 31, 2025 | 13.59 Mn |
| Dec 31, 2024 | 13.32 Mn |
| Sep 30, 2024 | 14.89 Mn |
| Jun 30, 2024 | 19.31 Mn |
| Mar 31, 2024 | 21.73 Mn |
| Dec 31, 2023 | 13.54 Mn |
| Sep 30, 2023 | 12.63 Mn |
| Jun 30, 2023 | 4.75 Mn |
| Mar 31, 2023 | 5.05 Mn |
| Dec 31, 2022 | 5.12 Mn |
| Sep 30, 2022 | 5.42 Mn |
| Jun 30, 2022 | 5.72 Mn |
| Mar 31, 2022 | 6.43 Mn |
| Dec 31, 2021 | 6.89 Mn |
| Sep 30, 2021 | 5.94 Mn |