Patterson Uti Energy (PTEN) Leases (2019 - 2026)
Patterson Uti Energy recorded quarterly Leases of $38.0 million in Q1 2026, down 11.64% quarter-over-quarter from $43.0 million in Q4 2025, and up 56.56% year-over-year from $24.3 million in Q1 2025.
Patterson Uti Energy's Leases history runs 8 years deep, the most recent figure standing at $38.0 million for Q1 2026.
- In Q1 2026, Leases rose 56.56% year-over-year to $38.0 million; the TTM figure through Mar 2026 stood at $38.0 million (up 56.56% YoY), while the FY2025 annual figure was $43.0 million, up 59.09% from the prior year.
- Leases came in at $38.0 million for Q1 2026 at Patterson Uti Energy, down from $43.0 million in the prior quarter.
- In the past five years, Leases ranged from a high of $63.2 million in Q4 2023 to a low of $18.8 million in Q2 2023.
- A 5-year average of $32.9 million and a median of $24.3 million in 2025 frame the typical range for Leases.
- Across the five-year window, Leases jumped 203.38% in 2023 and sank 57.27% in 2024, its largest moves.
- Patterson Uti Energy's Leases stood at $20.8 million in 2022, then surged by 203.38% to $63.2 million in 2023, then plunged by 57.27% to $27.0 million in 2024, then surged by 59.09% to $43.0 million in 2025, then declined by 11.64% to $38.0 million in 2026.
- According to Business Quant data, Leases over the past three periods registered $38.0 million, $43.0 million, and $22.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 44.50 Mn |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 45.01 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 | 37.98 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 111.80 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 | 37.98 Mn |
| Dec 31, 2025 | 42.98 Mn |
| Sep 30, 2025 | 22.03 Mn |
| Jun 30, 2025 | 22.67 Mn |
| Mar 31, 2025 | 24.26 Mn |
| Dec 31, 2024 | 27.02 Mn |
| Sep 30, 2024 | 47.42 Mn |
| Jun 30, 2024 | 48.77 Mn |
| Mar 31, 2024 | 51.27 Mn |
| Dec 31, 2023 | 63.23 Mn |
| Sep 30, 2023 | 48.05 Mn |
| Jun 30, 2023 | 18.77 Mn |
| Mar 31, 2023 | 19.90 Mn |
| Dec 31, 2022 | 20.84 Mn |
| Sep 30, 2022 | 21.89 Mn |
| Jun 30, 2022 | 22.82 Mn |
| Mar 31, 2022 | 19.70 Mn |
| Dec 31, 2021 | 19.02 Mn |
| Sep 30, 2021 | 15.38 Mn |
| Jun 30, 2021 | 16.31 Mn |
| Mar 31, 2021 | 15.90 Mn |
| Dec 31, 2020 | 16.85 Mn |
| Sep 30, 2020 | 17.68 Mn |
| Jun 30, 2020 | 18.70 Mn |
| Mar 31, 2020 | 29.57 Mn |
| Dec 31, 2019 | 31.28 Mn |
| Sep 30, 2019 | 23.61 Mn |
| Jun 30, 2019 | 26.67 Mn |
| Mar 31, 2019 | 28.41 Mn |