Patterson Uti Energy (PTEN) Operating Leases (2019 - 2026)
Patterson Uti Energy recorded quarterly Operating Leases of $25.1 million in Q1 2026, down 9.14% quarter-over-quarter from $27.6 million in Q4 2025, and down 21.76% year-over-year from $32.1 million in Q1 2025.
Patterson Uti Energy's Operating Leases history runs 8 years deep, the most recent figure standing at $25.1 million for Q1 2026.
- In Q1 2026, Operating Leases fell 21.76% year-over-year to $25.1 million; the TTM figure through Mar 2026 stood at $25.1 million (down 21.76% YoY), while the FY2025 annual figure was $27.6 million, down 19.52% from the prior year.
- Operating Leases came in at $25.1 million for Q1 2026 at Patterson Uti Energy, down from $27.6 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $40.2 million in Q1 2024 to a low of $17.3 million in Q2 2023.
- A 5-year average of $27.4 million and a median of $27.6 million in 2025 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases jumped 120.61% in 2024 and declined 22.41% in 2025, its largest moves.
- Patterson Uti Energy's Operating Leases stood at $19.6 million in 2022, then soared by 93.16% to $37.8 million in 2023, then dropped by 9.36% to $34.3 million in 2024, then declined by 19.52% to $27.6 million in 2025, then fell by 9.14% to $25.1 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $25.1 million, $27.6 million, and $29.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 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 | Borr Drilling | 1.48 Bn | 1.10 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.08 Mn |
| Dec 31, 2025 | 27.61 Mn |
| Sep 30, 2025 | 29.14 Mn |
| Jun 30, 2025 | 29.59 Mn |
| Mar 31, 2025 | 32.06 Mn |
| Dec 31, 2024 | 34.31 Mn |
| Sep 30, 2024 | 36.79 Mn |
| Jun 30, 2024 | 38.14 Mn |
| Mar 31, 2024 | 40.23 Mn |
| Dec 31, 2023 | 37.85 Mn |
| Sep 30, 2023 | 19.10 Mn |
| Jun 30, 2023 | 17.29 Mn |
| Mar 31, 2023 | 18.39 Mn |
| Dec 31, 2022 | 19.59 Mn |
| Sep 30, 2022 | 20.59 Mn |
| Jun 30, 2022 | 21.61 Mn |
| Mar 31, 2022 | 18.28 Mn |
| Dec 31, 2021 | 18.11 Mn |
| Sep 30, 2021 | 15.80 Mn |
| Jun 30, 2021 | 17.15 Mn |
| Mar 31, 2021 | 17.50 Mn |
| Dec 31, 2020 | 19.12 Mn |
| Sep 30, 2020 | 20.74 Mn |
| Jun 30, 2020 | 23.56 Mn |
| Mar 31, 2020 | 25.51 Mn |
| Dec 31, 2019 | 26.64 Mn |
| Sep 30, 2019 | 20.40 Mn |
| Jun 30, 2019 | 22.36 Mn |
| Mar 31, 2019 | 23.90 Mn |