Patterson Uti Energy (PTEN) Operating Leases (2019 - 2026)
Patterson Uti Energy (PTEN) recorded Operating Leases of $27.59 million in Q2 2026, down 6.8% from $29.59 million a year earlier but up 10.0% from the prior quarter.
Patterson Uti Energy (PTEN) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Patterson Uti Energy reported Operating Leases of $27.61 million, down 19.5% from FY2024.
- Annual Operating Leases has a five-year compound annual growth rate of 7.6% (FY2020 to FY2025).
- Across earlier years, Operating Leases came in at $34.31 million in FY2024 (-9.4%), $37.85 million in FY2023 (+93.2%), $19.59 million in FY2022 (+8.2%) and $18.11 million in FY2021 (-5.3%).
- Quarterly Operating Leases has ranged from $15.8 million in Q3 2021 to $40.23 million in Q1 2024 over the past five years.
- On a year-over-year basis, Operating Leases has declined for eight consecutive quarters, with an average decline of 15.8% over the last eight quarters.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 120.6% in Q2 2024, against a decline of 23.8% in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $25.08 million (Q1 2026), $27.61 million (Q4 2025) and $29.14 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn |
| 10 | Patterson Uti Energy | 4.16 Bn | 3.02 Bn | 280.64 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.59 Mn |
| 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 | 38.90 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 |
Patterson Uti Energy Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=PTEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "PTEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=PTEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();