Patterson Uti Energy (PTEN) Operating Leases (2019 - 2026)
Patterson Uti Energy's (PTEN) quarterly Operating Leases came in at $25.1 million in Q1 2026, down 21.76% year-on-year from $32.1 million in Q1 2025, and down 9.14% quarter-over-quarter from $27.6 million in Q4 2025.
Patterson Uti Energy (PTEN) Operating Leases (2019 - 2026) Analysis & Trends
Patterson Uti Energy has disclosed Operating Leases across 8 years of filings, most recently posting $25.1 million for Q1 2026.
- Operating Leases for Q1 2026 came in at $25.1 million, down 21.76% year-over-year; the trailing twelve-month figure through Mar 2026 was $25.1 million (down 21.76% YoY), and the FY2025 annual result 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.
- The 5-year median for Operating Leases is $27.6 million (2025), against an average of $27.4 million.
- Across the five-year window, Operating Leases soared 120.61% in 2024 and dropped 22.41% in 2025, its largest moves.
- Patterson Uti Energy's Operating Leases stood at $19.6 million in 2022, then surged by 93.16% to $37.8 million in 2023, then slipped by 9.36% to $34.3 million in 2024, then dropped by 19.52% to $27.6 million in 2025, then declined by 9.14% to $25.1 million in 2026.
- The last three Operating Leases figures came in at $25.1 million (Q1 2026), $27.6 million (Q4 2025), and $29.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn |
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 |