ProPetro Holding (PUMP) Asset Utilization Ratio (2017 - 2026)
ProPetro Holding's (PUMP) Asset Utilization Ratio came in at 0.67 for Q2 2026, down 39.4% from 1.10 a year earlier and down 23.5% from the prior quarter.
Analysis
ProPetro Holding (PUMP) Asset Utilization Ratio (2017 - 2026) Analysis & Trends
For FY2025, ProPetro Holding's Asset Utilization Ratio stood at 1.01, down 5.5% from FY2024.
- In prior years, ProPetro Holding's Asset Utilization Ratio was 1.07 in FY2024 (-7.7%), 1.16 in FY2023 (+8.4%), 1.07 in FY2022 (+28.9%) and 0.83 in FY2021 (+30.5%).
- The Q2 2026 figure stands as the lowest quarterly Asset Utilization Ratio since Q2 2021.
- On a year-over-year basis, Asset Utilization Ratio has declined in each of the last six quarters, with an average decline of 10.6% over the last eight quarters.
- The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was Q1 2022, with growth of 75.0%; the weakest was Q2 2026, with a decline of 39.4%.
- According to Business Quant data, Asset Utilization Ratio for the three prior quarters was 0.87 (Q1 2026), 0.99 (Q4 2025) and 1.04 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.39 Bn | 73.50 Bn | 1.40 Bn | 0.66 |
| 2 | Baker Hughes | 56.70 Bn | 19.98 Bn | 1.58 Bn | 0.54 |
| 3 | TechnipFMC | 27.74 Bn | 23.88 Bn | 684.70 Mn | 1.02 |
| 4 | Halliburton | 27.03 Bn | 18.79 Bn | 804.00 Mn | 0.88 |
| 5 | Nov | 6.97 Bn | 1.76 Bn | 521.00 Mn | 0.77 |
| 6 | Noble | 6.81 Bn | 4.74 Bn | 239.27 Mn | 0.42 |
| 7 | Weatherford International | 5.95 Bn | 1.88 Bn | 333.00 Mn | 0.94 |
| 8 | Transocean | 5.90 Bn | 3.61 Bn | 358.00 Mn | 0.27 |
| 9 | Valaris | 5.52 Bn | 3.13 Bn | 123.70 Mn | 0.40 |
| 10 | ProPetro Holding | 1.14 Bn | 34.89 Mn | 71.82 Mn | 0.67 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.67 |
| 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 | 1.03 |
| Sep 30, 2022 | 0.95 |
| Jun 30, 2022 | 0.90 |
| Mar 31, 2022 | 0.93 |
| Dec 31, 2021 | 0.81 |
| Sep 30, 2021 | 0.72 |
API Access
ProPetro Holding Asset Utilization Ratio 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=asset-utilization-ratio&ticker=PUMP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "PUMP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=PUMP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();