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Patterson-UTI Energy, Inc.(PTEN)Earnings, Financials & Key Ratios
PTEN•NASDAQ
$11.58
$4.4B mkt cap·Price updated May 6, 2026
AboutPatterson-UTI Energy, Inc., through its subsidiaries, provides onshore contract drilling services to oil and natural gas operators in the United States and internationally. It operates through three segments: Contract Drilling Services, Pressure Pumping Services, and Directional Drilling Services. The Contract Drilling Services segment markets its contract drilling services primarily in west Texas, Appalachia, Rockies, Oklahoma, South Texas, East Texas, and Colombia. As of December 31, 2021, this segment had a drilling fleet of 192 marketable land-based drilling rigs. The Pressure Pumping Services segment offers pressure pumping services that consist of well stimulation for the completion of new wells and remedial work on existing wells, as well as hydraulic fracturing, cementing, and acid pumping services in Texas and the Appalachian region. The Directional Drilling Services segment provides a suite of directional drilling services, including directional drilling and measurement-while-drilling services; supply and rental of downhole performance motors; and software and services that enhances the accuracy of directional and horizontal wellbores, wellbore quality, and on-bottom rate of penetration. It also services equipment to drilling contractors, as well as provides electrical controls and automation to the energy, marine, and mining industries in North America and other markets; and owns and invests in oil and natural gas assets as a non-operating working interest owner located principally in Texas and New Mexico. Patterson-UTI Energy, Inc. was founded in 1978 and is headquartered in Houston, Texas.Show more
- Revenue$4.83B-10.3%
- EBITDA$915M+224.3%
- Net Income-$94M+90.3%
- EPS (Diluted)-0.24+90.2%
- Gross Margin4.76%-10.5%
- EBITDA Margin18.96%+261.4%
- Operating Margin-0.52%+96.8%
- Net Margin-1.94%+89.2%
- ROE-2.79%+88.0%
- ROIC-0.44%+96.5%
- Debt/Equity0.40+6.2%
- Interest Coverage-0.46+96.3%
PTEN Key Insights
Patterson-UTI Energy, Inc. (PTEN) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Strong 5Y profit CAGR of 34.9%
- ✓Momentum leader: RS Rating 93 (top 7%)
- ✓Strong 5Y sales CAGR of 33.8%
- ✓Healthy dividend yield of 2.8%
- ✓Share count reduced 3.5% through buybacks
- ✓Trading at only 1.4x book value
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
PTEN Price & Volume
Patterson-UTI Energy, Inc. (PTEN) stock price & volume — 10-year historical chart
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PTEN Growth Metrics
Patterson-UTI Energy, Inc. (PTEN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years9.82%
5 Years33.83%
3 Years22.16%
TTM-9.41%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM88.29%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM88.11%
Return on Capital
10 Years-8.18%
5 Years-4.57%
3 Years-2.78%
Last Year-0.52%
PTEN Recent Earnings
Patterson-UTI Energy, Inc. (PTEN) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
Apr 22, 2026EPS
$0.06
Est $0.10
+40.0%
Revenue
$1.1B
Est $1.1B
+1.4%
Q1 2026
Feb 4, 2026EPS
$0.02
Est $0.11
+81.8%
Revenue
$1.2B
Est $1.1B
+3.6%
Q4 2025
Oct 22, 2025EPS
$0.06
Est $0.10
+40.0%
Revenue
$1.2B
Est $1.1B
+6.9%
Q3 2025
Jul 23, 2025EPS
$0.06
Est $0.04
-50.0%
Revenue
$1.2B
Est $1.2B
+3.9%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 22, 2026 | $0.06vs $0.10+40.0% | $1.1Bvs $1.1B+1.4% |
| Q1 2026 | Feb 4, 2026 | $0.02vs $0.11+81.8% | $1.2Bvs $1.1B+3.6% |
| Q4 2025 | Oct 22, 2025 | $0.06vs $0.10+40.0% | $1.2Bvs $1.1B+6.9% |
| Q3 2025 | Jul 23, 2025 | $0.06vs $0.04-50.0% | $1.2Bvs $1.2B+3.9% |
Based on last 12 quarters of dataView full earnings history →
PTEN Peer Comparison
Patterson-UTI Energy, Inc. (PTEN) competitors in Land Drilling and Completion Services — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 HP | 3.98B | 39.83 | -23.99 | 35.89% | -7.73% | -11.03% | 0.82 | |
 NBR | 1.59B | 99.43 | 5.79 | 8.69% | 8.25% | 17.82% | 1.78 | |
 PD | 628.67M | 6.85 | 3.66 | 5.36% | 35.3% | 71.64% | 1.53 | |
 NINE | 429.28M | 9.90 | -7.92 | -100% | -7.17% | |||
 SLB | 82.8B | 55.16 | 23.47 | -1.6% | 9.38% | 13.88% | 0.45 | |
 HAL | 33.74B | 40.40 | 26.93 | -3.31% | 6.95% | 14.59% | 0.77 | |
 BKR | 66.1B | 66.65 | 25.64 | -0.34% | 11.17% | 16.13% | 0.38 | |
 WTTR | 1.78B | 17.45 | 87.25 | -3.08% | 1.54% | 2.21% | 0.40 |
Compare PTEN vs Peers
Patterson-UTI Energy, Inc. (PTEN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
PTEN Income Statement
Patterson-UTI Energy, Inc. (PTEN) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 2.36B | 3.33B | 2.47B | 1.12B | 1.36B | 2.65B | 4.15B | 5.38B | 4.83B | 4.66B |
| Revenue Growth % | 157.32% | 41.17% | -25.74% | -54.5% | 20.71% | 95.09% | 56.61% | 29.7% | -10.25% | -9.41% |
| Cost of Goods Sold | 2.5B | 3.32B | 2.78B | 1.47B | 1.93B | 2.33B | 3.54B | 5.09B | 4.6B | 4.25B |
| COGS % of Revenue | 106.12% | 99.75% | 112.42% | 131.01% | 142.3% | 88.02% | 85.44% | 94.68% | 95.24% | - |
| Gross Profit | -144.2M▲ 0% | 8.19M▲ 105.7% | -306.88M▼ 3846.2% | -348.58M▼ 13.6% | -574.04M▼ 64.7% | 317.1M▲ 155.2% | 603.72M▲ 90.4% | 286.17M▼ 52.6% | 229.86M▼ 19.7% | 410.78M▲ 0% |
| Gross Margin % | -6.12% | 0.25% | -12.42% | -31.01% | -42.3% | 11.98% | 14.56% | 5.32% | 4.76% | 8.81% |
| Gross Profit Growth % | 64.07% | 105.68% | -3846.15% | -13.59% | -64.68% | 155.24% | 90.39% | -52.6% | -19.68% | - |
| Operating Expenses | 73.89M | 116.5M | 154.69M | 543.67M | 103.7M | 106.07M | 251.77M | 1.18B | 255.07M | 486.71M |
| OpEx % of Revenue | 3.14% | 3.5% | 6.26% | 48.36% | 7.64% | 4.01% | 6.07% | 21.87% | 5.28% | - |
| Selling, General & Admin | 105.85M | 134.07M | 133.51M | 97.61M | 92.38M | 116.59M | 169.96M | 268.34M | 255.07M | 256.9M |
| SG&A % of Revenue | 4.49% | 4.03% | 5.4% | 8.68% | 6.81% | 4.4% | 4.1% | 4.99% | 5.28% | - |
| Research & Development | 0 | 3.44M | 3.84M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | 0.1% | 0.16% | - | - | - | - | - | - | - |
| Other Operating Expenses | 343K | 750K | 17.34M | 446.06M | 11.32M | -10.52M | 81.81M | 907.57M | 0 | 1000K |
| Operating Income | -292.54M▲ 0% | -322.18M▼ 10.1% | -461.58M▼ 43.3% | -892.26M▼ 93.3% | -677.75M▲ 24.0% | 211.03M▲ 131.1% | 351.95M▲ 66.8% | -889.74M▼ 352.8% | -25.21M▲ 97.2% | -75.94M▲ 0% |
| Operating Margin % | -12.41% | -9.68% | -18.68% | -79.36% | -49.94% | 7.97% | 8.49% | -16.54% | -0.52% | -1.63% |
| Operating Income Growth % | 35.88% | -10.13% | -43.27% | -93.31% | 24.04% | 131.14% | 66.78% | -352.8% | 97.17% | - |
| EBITDA | 463.73M | 529.26M | 542.3M | -221.35M | 171.43M | 694.98M | 1.08B | 282.14M | 915.05M | 850.86M |
| EBITDA Margin % | 19.68% | 15.91% | 21.95% | -19.69% | 12.63% | 26.25% | 26.13% | 5.25% | 18.96% | 18.25% |
| EBITDA Growth % | 118.47% | 14.13% | 2.46% | -140.82% | 177.45% | 305.4% | 55.89% | -73.96% | 224.33% | 403.91% |
| D&A (Non-Cash Add-back) | 756.27M | 851.43M | 1B | 670.91M | 849.18M | 483.94M | 731.42M | 1.17B | 940.26M | 926.79M |
| EBIT | -290.33M | -315.83M | -455.17M | -890.25M | -677.8M | 208.12M | 359.97M | -884.98M | -32.48M | -67.18M |
| Net Interest Income | -35.61M | -45.98M | -69.19M | -39.52M | -41.76M | -39.9M | -46.75M | -66.23M | -63.86M | -62.35M |
| Interest Income | 1.87M | 5.6M | 6.01M | 1.25M | 222K | 360K | 6.12M | 5.73M | 6.65M | 7.95M |
| Interest Expense | 37.47M | 51.58M | 75.2M | 40.77M | 41.98M | 40.26M | 52.87M | 71.96M | 70.51M | 70.3M |
| Other Income/Expense | -35.26M | -45.23M | -68.8M | -38.76M | -42.03M | -43.17M | -44.85M | -67.21M | -77.78M | -57.81M |
| Pretax Income | -327.8M▲ 0% | -367.41M▼ 12.1% | -530.38M▼ 44.4% | -931.02M▼ 75.5% | -719.78M▲ 22.7% | 167.86M▲ 123.3% | 307.1M▲ 83.0% | -956.95M▼ 411.6% | -102.99M▲ 89.2% | -133.74M▲ 0% |
| Pretax Margin % | -13.91% | -11.04% | -21.47% | -82.81% | -53.04% | 6.34% | 7.41% | -17.79% | -2.13% | -2.87% |
| Income Tax | -333.71M | -45.99M | -104.67M | -127.33M | -62.7M | 13.2M | 61.15M | 9.45M | -9.94M | -14.92M |
| Effective Tax Rate % | 101.8% | 12.52% | 19.74% | 13.68% | 8.71% | 7.87% | 19.91% | -0.99% | 9.65% | 11.16% |
| Net Income | 5.91M▲ 0% | -321.42M▼ 5538.6% | -425.7M▼ 32.4% | -803.69M▼ 88.8% | -654.54M▲ 18.6% | 154.66M▲ 123.6% | 246.29M▲ 59.2% | -968.03M▼ 493.0% | -93.64M▲ 90.3% | -119.27M▲ 0% |
| Net Margin % | 0.25% | -9.66% | -17.23% | -71.49% | -48.23% | 5.84% | 5.94% | -18% | -1.94% | -2.56% |
| Net Income Growth % | 101.85% | -5538.6% | -32.44% | -88.79% | 18.56% | 123.63% | 59.25% | -493.04% | 90.33% | 88.29% |
| Net Income (Continuing) | 5.91M | -321.42M | -425.7M | -803.69M | -657.08M | 154.66M | 245.95M | -966.4M | -93.05M | -118.82M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 2.53M | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 8.39M | 10.02M | 6.18M | 6.33M |
| EPS (Diluted) | 0.03▲ 0% | -1.47▼ 5000.0% | -2.10▼ 42.9% | -4.27▼ 103.3% | -3.37▲ 21.1% | 0.70▲ 120.8% | 0.88▲ 25.7% | -2.44▼ 377.3% | -0.24▲ 90.2% | -0.31▲ 0% |
| EPS Growth % | 101.38% | -5000% | -42.86% | -103.33% | 21.08% | 120.77% | 25.71% | -377.27% | 90.16% | 88.11% |
| EPS (Basic) | 0.03 | -1.47 | -2.10 | -4.27 | -3.37 | 0.72 | 0.88 | -2.44 | -0.24 | - |
| Diluted Shares Outstanding | 199.88M | 218.64M | 203.04M | 188.01M | 195.02M | 219.5M | 280.06M | 397.2M | 383.46M | 379.59M |
| Basic Shares Outstanding | 198.45M | 218.64M | 203.04M | 188.01M | 195.02M | 215.94M | 279.5M | 397.2M | 383.46M | 379.59M |
| Dividend Payout Ratio | 276.06% | - | - | - | - | 27.87% | 40.62% | - | - | - |
PTEN Balance Sheet
Patterson-UTI Energy, Inc. (PTEN) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 746.86M | 950.2M | 631.82M | 477.96M | 583.65M | 829.42M | 1.49B | 1.3B | 1.42B | 1.32B |
| Cash & Short-Term Investments | 42.83M | 245.03M | 174.19M | 224.91M | 117.52M | 137.55M | 192.68M | 239.18M | 420.64M | 337.24M |
| Cash Only | 42.83M | 245.03M | 174.19M | 224.91M | 117.52M | 137.55M | 192.68M | 239.18M | 420.64M | 337.24M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 581.51M | 562.93M | 346.1M | 164.64M | 356.15M | 611.47M | 1.03B | 821.82M | 775.96M | 742.38M |
| Days Sales Outstanding | 90.06 | 61.76 | 51.13 | 53.45 | 95.79 | 84.3 | 90.58 | 55.78 | 58.68 | 62.7 |
| Inventory | 69.17M | 65.58M | 36.36M | 33.09M | 42.36M | 65.38M | 180.81M | 167.02M | 160.28M | 150.59M |
| Days Inventory Outstanding | 10.09 | 7.21 | 4.78 | 8.2 | 8.01 | 10.24 | 18.63 | 11.97 | 12.73 | 13.52 |
| Other Current Assets | 53.35M | 76.66M | 75.18M | 55.31M | 67.62M | 3.06M | 36.77M | 35.39M | 61.21M | 92.06M |
| Total Non-Current Assets | 5.01B | 4.52B | 3.81B | 3.23B | 2.37B | 2.31B | 5.93B | 4.54B | 4.15B | 4.04B |
| Property, Plant & Equipment | 4.27B | 4.01B | 3.35B | 2.78B | 2.35B | 2.29B | 3.48B | 3.08B | 2.71B | 2.63B |
| Fixed Asset Turnover | 0.55x | 0.83x | 0.74x | 0.40x | 0.58x | 1.15x | 1.19x | 1.75x | 1.78x | 1.68x |
| Goodwill | 611.47M | 410.76M | 395.06M | 0 | 0 | 0 | 1.38B | 487.39M | 487.39M | 487.39M |
| Intangible Assets | 75.6M | 66.88M | 48.94M | 30.09M | 7.54M | 5.84M | 1.05B | 929.61M | 814.81M | 784.22M |
| Long-Term Investments | 0 | -373.26M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 49.97M | 27.44M | 17.78M | 11.42M | 11.05M | 10.88M | 19.42M | 39.41M | 139.14M | 397.64M |
| Total Assets | 5.76B▲ 0% | 5.47B▼ 5.0% | 4.44B▼ 18.8% | 3.71B▼ 16.5% | 2.96B▼ 20.2% | 3.14B▲ 6.3% | 7.42B▲ 136.0% | 5.83B▼ 21.4% | 5.57B▼ 4.5% | 5.36B▲ 0% |
| Asset Turnover | 0.41x | 0.61x | 0.56x | 0.30x | 0.46x | 0.84x | 0.56x | 0.92x | 0.87x | 0.85x |
| Asset Growth % | 51.37% | -5.02% | -18.83% | -16.46% | -20.25% | 6.29% | 136.02% | -21.38% | -4.51% | -39.35% |
| Total Current Liabilities | 546.25M | 526.32M | 400.6M | 273.72M | 435.85M | 550.97M | 1.05B | 841.99M | 863.64M | 720.25M |
| Accounts Payable | 319.62M | 288.96M | 170.47M | 91.62M | 190.22M | 237.06M | 534.42M | 421.32M | 470.78M | 442.42M |
| Days Payables Outstanding | 46.65 | 31.78 | 22.4 | 22.71 | 35.95 | 37.13 | 55.06 | 30.2 | 37.38 | 38.63 |
| Short-Term Debt | 0 | 0 | 9.94M | 7.1M | 0 | 0 | 12.23M | 6.39M | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 60.28M | 110.22M | 98.91M | 0 | 79.29M | 87.38M |
| Other Current Liabilities | 16.11M | 94.01M | 81.12M | 66.53M | 67.92M | 67.85M | 84.34M | 331.31M | 0 | 277.83M |
| Current Ratio | 1.37x | 1.81x | 1.58x | 1.75x | 1.34x | 1.51x | 1.41x | 1.54x | 1.64x | 1.64x |
| Quick Ratio | 1.24x | 1.68x | 1.49x | 1.63x | 1.24x | 1.39x | 1.24x | 1.34x | 1.46x | 1.46x |
| Cash Conversion Cycle | 53.51 | 37.19 | 33.51 | 38.95 | 67.84 | 57.41 | 54.15 | 37.55 | 34.02 | 37.6 |
| Total Non-Current Liabilities | 1.23B | 1.44B | 1.21B | 1.42B | 912.51M | 927.33M | 1.55B | 1.52B | 1.48B | 1.47B |
| Long-Term Debt | 866.78M | 1.12B | 966.54M | 901.48M | 852.32M | 830.94M | 1.22B | 1.22B | 1.22B | 0 |
| Capital Lease Obligations | 0 | 0 | 26.64M | 19.12M | 18.11M | 19.59M | 50.8M | 44.52M | 33.06M | 106.21M |
| Deferred Tax Liabilities | 350.84M | 306.16M | 202.96M | 487.5M | 29.23M | 28.74M | 248.11M | 238.1M | 215.82M | 900.79M |
| Other Non-Current Liabilities | 12.49M | 12.76M | 9.25M | 11.01M | 12.84M | 48.06M | 25.07M | 13.24M | 12.19M | 1.3B |
| Total Liabilities | 1.78B | 1.96B | 1.61B | 1.69B | 1.35B | 1.48B | 2.6B | 2.36B | 2.35B | 2.19B |
| Total Debt | 866.78M | 1.12B | 1B | 927.7M | 877.32M | 855.65M | 1.35B | 1.3B | 1.28B | 0 |
| Net Debt | 823.96M | 874.18M | 828.93M | 702.78M | 759.8M | 718.1M | 1.15B | 1.06B | 859.83M | -337.24M |
| Debt / Equity | 0.22x | 0.32x | 0.35x | 0.46x | 0.55x | 0.51x | 0.28x | 0.37x | 0.40x | 0.40x |
| Debt / EBITDA | 1.87x | 2.11x | 1.85x | - | 5.12x | 1.23x | 1.24x | 4.60x | 1.40x | 0.00x |
| Net Debt / EBITDA | 1.78x | 1.65x | 1.53x | - | 4.43x | 1.03x | 1.06x | 3.76x | 0.94x | 0.94x |
| Interest Coverage | -7.75x | -6.12x | -6.05x | -21.84x | -16.15x | 5.17x | 6.81x | -12.30x | -0.46x | -0.96x |
| Total Equity | 3.98B▲ 0% | 3.51B▼ 12.0% | 2.83B▼ 19.2% | 2.02B▼ 28.9% | 1.61B▼ 20.2% | 1.67B▲ 3.5% | 4.82B▲ 189.4% | 3.48B▼ 27.9% | 3.22B▼ 7.2% | 3.17B▲ 0% |
| Equity Growth % | 77.1% | -11.98% | -19.16% | -28.85% | -20.17% | 3.48% | 189.44% | -27.9% | -7.22% | -50.92% |
| Book Value per Share | 19.92 | 16.03 | 13.96 | 10.72 | 8.25 | 7.59 | 17.21 | 8.75 | 8.41 | 8.36 |
| Total Shareholders' Equity | 3.98B | 3.51B | 2.83B | 2.02B | 1.61B | 1.67B | 4.81B | 3.47B | 3.22B | 3.17B |
| Common Stock | 2.66M | 2.67M | 2.69M | 2.71M | 2.99M | 3.02M | 5.17M | 5.21M | 5.24M | 0 |
| Retained Earnings | 2.11B | 1.75B | 1.29B | 472.01M | -198.32M | -87.39M | 57.03M | -1.04B | -1.26B | 0 |
| Treasury Stock | -918.71M | -1.08B | -1.35B | -1.37B | -1.37B | -1.45B | -1.66B | -1.95B | -2.02B | 0 |
| Accumulated OCI | 6.82M | 2.49M | 5.48M | 5.41M | 5.92M | 0 | 472K | -2.58M | -1.16M | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 8.39M | 10.02M | 6.18M | 6.33M |
PTEN Cash Flow Statement
Patterson-UTI Energy, Inc. (PTEN) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 300.71M | 730.67M | 696.2M | 278.86M | 95.5M | 566.19M | 1.01B | 1.18B | 961.22M | 961.22M |
| Operating CF Margin % | 12.76% | 21.96% | 28.18% | 24.8% | 7.04% | 21.39% | 24.26% | 21.86% | 19.91% | - |
| Operating CF Growth % | -1.42% | 142.98% | -4.72% | -59.95% | -65.75% | 492.89% | 77.66% | 16.86% | -18.23% | -99.87% |
| Net Income | 5.91M | -321.42M | -425.7M | -803.69M | -654.54M | 154.66M | 246.29M | -966.4M | -93.05M | -119.27M |
| Depreciation & Amortization | 783.34M | 916.32M | 1B | 670.91M | 849.18M | 483.94M | 731.42M | 1.17B | 940.26M | 926.79M |
| Stock-Based Compensation | 44.48M | 37.92M | 39.33M | 26.57M | 21.56M | 21.1M | 46.75M | 46.35M | 39.29M | 22.65M |
| Deferred Taxes | -330.35M | -41.19M | -103.2M | -125.28M | -62.98M | 7M | 51.87M | -1.76M | -21.68M | -25.83M |
| Other Non-Cash Items | -31.23M | 183.92M | 47.32M | 426.29M | -2.42M | -13.58M | -3.19M | 889.49M | 44K | 9.99M |
| Working Capital Changes | -171.44M | -44.88M | 134.59M | 84.06M | -55.29M | -86.93M | -67.22M | 35.99M | 96.36M | 2.2M |
| Change in Receivables | -239.48M | 23.52M | 213.59M | 173.86M | -147.36M | -209.23M | 84.54M | 203.65M | 40.58M | 77.12M |
| Change in Inventory | -23.45M | -1.47M | 29.39M | 27.19M | -5.85M | -14.15M | -30.79M | -11.46M | -1.77M | -3.82M |
| Change in Payables | 104.07M | -69.45M | -77.69M | -48.6M | 50.94M | 38.99M | -69.73M | -112.86M | 71.29M | -26.75M |
| Cash from Investing | -1.01B | -584.55M | -301.76M | -124.98M | -131.59M | -413.23M | -1.02B | -654.74M | -567.15M | -508.68M |
| Capital Expenditures | -567.09M | -641.46M | -347.51M | -145.48M | -166.32M | -436.8M | -615.69M | -678.39M | -589.03M | -543.83M |
| CapEx % of Revenue | 24.06% | 19.28% | 14.07% | 12.94% | 12.26% | 16.5% | 14.85% | 12.61% | 12.2% | - |
| Acquisitions | -501.95M | -14.21M | -13K | 20.93M | -29.36M | 26.07M | -396M | 2.98M | 0 | 10.96M |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 60.95M | 71.12M | 45.76M | -424K | 64.08M | -2.5M | -5.89M | 20.66M | 21.88M | 24.19M |
| Cash from Financing | 716.57M | 56.86M | -465.22M | -103.15M | -71.93M | -133.38M | 65.57M | -474.99M | -210.73M | -192.13M |
| Debt Issued (Net) | 268M | 253.19M | -176.47M | -62.52M | -50M | -19.76M | 372.66M | -45.48M | -7.82M | -7.15M |
| Equity Issued (Net) | 464.76M | -161.74M | -255.47M | -21.18M | -6.33M | -70.07M | -200.71M | -290.43M | -69.64M | -49.69M |
| Dividends Paid | -16.32M | -30.59M | -32.43M | -18.86M | -15.61M | -43.1M | -100.03M | -126.79M | -122.45M | -129.54M |
| Share Repurchases | -6.81M | -161.74M | -255.47M | -21.18M | -6.33M | -70.07M | -200.71M | -290.43M | -69.64M | -49.69M |
| Other Financing | 123K | -4M | -852K | -584K | 0 | -455K | -6.35M | -12.29M | -10.82M | -5.75M |
| Net Change in Cash | 7.68M▲ 0% | 202.2M▲ 2534.2% | -70.84M▼ 135.0% | 50.73M▲ 171.6% | -107.39M▼ 311.7% | 20.03M▲ 118.7% | 55.13M▲ 175.2% | 48.61M▼ 11.8% | 179.35M▲ 268.9% | 112.04M▲ 0% |
| Free Cash Flow | -266.38M▲ 0% | 89.21M▲ 133.5% | 348.69M▲ 290.9% | 133.38M▼ 61.7% | -70.82M▼ 153.1% | 129.39M▲ 282.7% | 390.22M▲ 201.6% | 497.15M▲ 27.4% | 372.19M▼ 25.1% | 273.11M▲ 0% |
| FCF Margin % | -11.3% | 2.68% | 14.11% | 11.86% | -5.22% | 4.89% | 9.41% | 9.24% | 7.71% | 5.86% |
| FCF Growth % | -243.8% | 133.49% | 290.86% | -61.75% | -153.1% | 282.69% | 201.59% | 27.4% | -25.14% | -32.48% |
| FCF per Share | -1.33 | 0.41 | 1.72 | 0.71 | -0.36 | 0.59 | 1.39 | 1.25 | 0.97 | 0.97 |
| FCF Conversion (FCF/Net Income) | 50.88x | -2.27x | -1.64x | -0.35x | -0.15x | 3.66x | 4.08x | -1.21x | -10.27x | -2.29x |
| Interest Paid | 0 | 0 | 76.87M | 0 | 0 | 39.85M | 39.61M | 0 | 0 | 9.4M |
| Taxes Paid | 0 | 0 | 1.45M | 0 | 0 | 1.53M | 27.17M | 0 | 0 | 0 |
PTEN Key Ratios
Patterson-UTI Energy, Inc. (PTEN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 0.19% | -8.59% | -13.43% | -33.14% | -36.11% | 9.44% | 7.59% | -23.34% | -2.79% | -3.67% |
| Return on Invested Capital (ROIC) | -5.76% | -5.26% | -8.61% | -20.97% | -19.98% | 6.66% | 6.32% | -12.7% | -0.44% | -0.44% |
| Gross Margin | -6.12% | 0.25% | -12.42% | -31.01% | -42.3% | 11.98% | 14.56% | 5.32% | 4.76% | 8.81% |
| Net Margin | 0.25% | -9.66% | -17.23% | -71.49% | -48.23% | 5.84% | 5.94% | -18% | -1.94% | -2.56% |
| Debt / Equity | 0.22x | 0.32x | 0.35x | 0.46x | 0.55x | 0.51x | 0.28x | 0.37x | 0.40x | 0.40x |
| Interest Coverage | -7.75x | -6.12x | -6.05x | -21.84x | -16.15x | 5.17x | 6.81x | -12.30x | -0.46x | -0.96x |
| FCF Conversion | 50.88x | -2.27x | -1.64x | -0.35x | -0.15x | 3.66x | 4.08x | -1.21x | -10.27x | -2.29x |
| Revenue Growth | 157.32% | 41.17% | -25.74% | -54.5% | 20.71% | 95.09% | 56.61% | 29.7% | -10.25% | -9.41% |
PTEN SEC Filings & Documents
Patterson-UTI Energy, Inc. (PTEN) SEC filings — annual & quarterly reports (10-K, 10-Q)
PTEN Frequently Asked Questions
Patterson-UTI Energy, Inc. (PTEN) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Patterson-UTI Energy, Inc. (PTEN) reported $4.66B in revenue for fiscal year 2025. This represents a 5472% increase from $83.7M in 1996.
Patterson-UTI Energy, Inc. (PTEN) saw revenue decline by 10.3% over the past year.
Patterson-UTI Energy, Inc. (PTEN) reported a net loss of $119.3M for fiscal year 2025.
Dividend & Returns
Yes, Patterson-UTI Energy, Inc. (PTEN) pays a dividend with a yield of 2.76%. This makes it attractive for income-focused investors.
Patterson-UTI Energy, Inc. (PTEN) has a return on equity (ROE) of -2.8%. Negative ROE indicates the company is unprofitable.
Patterson-UTI Energy, Inc. (PTEN) generated $273.1M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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Patterson-UTI Energy, Inc. (PTEN) financial analysis — history, returns, DCA and operating performance tools
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