ProPetro Holding (PUMP) Asset Utilization Ratio (2017 - 2026)
ProPetro Holding (PUMP) reported Asset Utilization Ratio of 0.87 for Q1 2026, down 22.76% year-over-year from 1.13 in Q1 2025, and down 11.46% quarter-over-quarter from 0.99 in Q4 2025.
ProPetro Holding (PUMP) Asset Utilization Ratio (2017 - 2026) Analysis & Trends
ProPetro Holding (PUMP) has 10 years of Asset Utilization Ratio data on file, last reported at 0.87 in Q1 2026.
- Asset Utilization Ratio for Q1 2026 came in at 0.87, down 22.76% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.87 (down 22.76% YoY), and the FY2025 annual result was 1.01, down 5.51% from the prior year.
- Asset Utilization Ratio eased to 0.87 in Q1 2026 per PUMP's latest filing, from 0.99 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 1.92 in Q4 2022 and troughed at 0.87 in Q1 2026.
- A 5-year average of 1.15 and a median of 1.1 in 2023 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio surged 143.68% in 2022, then tumbled 42.5% in 2023.
- A 5-year view of Asset Utilization Ratio shows it stood at 1.92 in 2022, then plunged by 42.5% to 1.1 in 2023, then gained by 4.75% to 1.15 in 2024, then decreased by 14.4% to 0.99 in 2025, then dropped by 11.46% to 0.87 in 2026.
- Business Quant data shows PUMP's Asset Utilization Ratio at 0.87 in Q1 2026, 0.99 in Q4 2025, and 1.04 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 0.51 |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 0.61 |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 0.88 |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 1.01 |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 0.22 |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 0.77 |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 0.95 |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 0.35 |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 0.30 |
| 10 | ProPetro Holding | 1.72 Bn | 1.57 Bn | 58.99 Mn | 0.87 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.87 |
| Dec 31, 2025 | 0.99 |
| Sep 30, 2025 | 1.04 |
| Jun 30, 2025 | 1.10 |
| Mar 31, 2025 | 1.13 |
| Dec 31, 2024 | 1.15 |
| Sep 30, 2024 | 1.05 |
| Jun 30, 2024 | 1.12 |
| Mar 31, 2024 | 1.19 |
| Dec 31, 2023 | 1.10 |
| Sep 30, 2023 | 1.10 |
| Jun 30, 2023 | 1.07 |
| Mar 31, 2023 | 1.04 |
| Dec 31, 2022 | 1.92 |
| Sep 30, 2022 | 1.76 |
| Jun 30, 2022 | 0.90 |
| Mar 31, 2022 | 0.93 |
| Dec 31, 2021 | 0.81 |
| Sep 30, 2021 | 0.72 |
| Jun 30, 2021 | 0.63 |