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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

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DateValue
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