Patterson Uti Energy (PTEN) Depreciation Expense (2021 - 2026)
Patterson Uti Energy recorded quarterly Depreciation Expense of $185.3 million in Q1 2026, down 6.17% quarter-over-quarter from $197.5 million in Q1 2025, and down 6.17% year-over-year from $197.5 million in Q1 2025.
Patterson Uti Energy's Depreciation Expense history runs 4 years deep, the most recent figure standing at $185.3 million for Q1 2026.
- In Q1 2026, Depreciation Expense fell 6.17% year-over-year to $185.3 million; the TTM figure through Mar 2026 stood at $388.2 million (up 90.24% YoY), while the FY2025 annual figure was $5.8 million, down 23.95% from the prior year.
- Depreciation Expense came in at $185.3 million for Q1 2026 at Patterson Uti Energy, down from $197.5 million in the prior quarter.
- In the past five years, Depreciation Expense ranged from a high of $197.5 million in Q1 2025 to a low of $1.3 million in Q3 2022.
- A 3-year average of $97.0 million and a median of $94.7 million in 2022 frame the typical range for Depreciation Expense.
- On a YoY basis, Depreciation Expense climbed as much as 259.83% in 2022 and fell as far as 10.08% in 2022.
- Patterson Uti Energy's Depreciation Expense stood at $4.1 million in 2022, then jumped by 4672.4% to $197.5 million in 2025, then decreased by 6.17% to $185.3 million in 2026.
- According to Business Quant data, Depreciation Expense over the past three periods registered $185.3 million, $197.5 million, and $4.1 million for Q1 2026, Q1 2025, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 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 | 185.29 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 162.30 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 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 185.29 Mn |
| Mar 31, 2025 | 197.48 Mn |
| Dec 31, 2022 | 4.14 Mn |
| Sep 30, 2022 | 1.29 Mn |
| Dec 31, 2021 | 1.15 Mn |
| Sep 30, 2021 | 1.43 Mn |