Patterson Uti Energy (PTEN) Current Leases (2019 - 2026)

Patterson Uti Energy's (PTEN) quarterly Current Leases came in at $15.8 million in Q1 2026, up 14.49% year-on-year from $13.8 million in Q1 2025, and down 15.04% quarter-over-quarter from $18.7 million in Q4 2025.

Patterson Uti Energy (PTEN) Current Leases (2019 - 2026) Analysis & Trends

Patterson Uti Energy has disclosed Current Leases across 8 years of filings, most recently posting $15.8 million for Q1 2026.

  • Current Leases for Q1 2026 came in at $15.8 million, up 14.49% year-over-year; the trailing twelve-month figure through Mar 2026 was $15.8 million (up 14.49% YoY), and the FY2025 annual result was $18.7 million, up 40.01% from the prior year.
  • Current Leases came in at $15.8 million for Q1 2026 at Patterson Uti Energy, down from $18.7 million in the prior quarter.
  • In the past five years, Current Leases ranged from a high of $44.0 million in Q4 2023 to a low of $4.8 million in Q2 2023.
  • The 5-year median for Current Leases is $13.6 million (2024), against an average of $13.3 million.
  • Across the five-year window, Current Leases soared 758.48% in 2023 and plunged 69.71% in 2024, its largest moves.
  • Patterson Uti Energy's Current Leases stood at $5.1 million in 2022, then jumped by 758.48% to $44.0 million in 2023, then slumped by 69.71% to $13.3 million in 2024, then surged by 40.01% to $18.7 million in 2025, then slipped by 15.04% to $15.8 million in 2026.
  • The last three Current Leases figures came in at $15.8 million (Q1 2026), $18.7 million (Q4 2025), and $17.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn 13.59 Mn
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn -
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn -
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn 15.85 Mn
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn -
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn -
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn -
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn 9.47 Mn
9 Borr Drilling 1.40 Bn 1.16 Bn - -
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 15.85 Mn
Dec 31, 2025 18.65 Mn
Sep 30, 2025 17.22 Mn
Jun 30, 2025 15.08 Mn
Mar 31, 2025 13.84 Mn
Dec 31, 2024 13.32 Mn
Sep 30, 2024 14.89 Mn
Jun 30, 2024 13.61 Mn
Mar 31, 2024 13.91 Mn
Dec 31, 2023 43.98 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
Jun 30, 2021 6.33 Mn