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
DateValue
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