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

Patterson Uti Energy recorded quarterly Current Leases of $15.8 million in Q1 2026, down 15.04% quarter-over-quarter from $18.7 million in Q4 2025, and up 14.49% year-over-year from $13.8 million in Q1 2025.

Patterson Uti Energy's Current Leases history runs 8 years deep, the most recent figure standing at $15.8 million for Q1 2026.

  • In Q1 2026, Current Leases rose 14.49% year-over-year to $15.8 million; the TTM figure through Mar 2026 stood at $15.8 million (up 14.49% YoY), while the FY2025 annual figure 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.
  • A 5-year average of $13.3 million and a median of $13.6 million in 2024 frame the typical range for Current Leases.
  • Across the five-year window, Current Leases jumped 758.48% in 2023 and tumbled 69.71% in 2024, its largest moves.
  • Patterson Uti Energy's Current Leases stood at $5.1 million in 2022, then surged by 758.48% to $44.0 million in 2023, then sank by 69.71% to $13.3 million in 2024, then soared by 40.01% to $18.7 million in 2025, then dropped by 15.04% to $15.8 million in 2026.
  • According to Business Quant data, Current Leases over the past three periods registered $15.8 million, $18.7 million, and $17.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn 13.59 Mn
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn -
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn -
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn 15.85 Mn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn -
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn -
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn -
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn 9.47 Mn
9 Borr Drilling 1.48 Bn 1.10 Bn - -

Historic Data

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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
Mar 31, 2021 6.92 Mn
Dec 31, 2020 7.10 Mn
Sep 30, 2020 7.47 Mn
Jun 30, 2020 8.81 Mn
Mar 31, 2020 9.49 Mn
Dec 31, 2019 9.94 Mn
Sep 30, 2019 8.88 Mn
Jun 30, 2019 8.98 Mn
Mar 31, 2019 9.22 Mn