PTEN's latest quarter shows revenue of $1.3B and a return to positive net income of $28.4M, but gross margin of 4.7% sits far below the 22.9% to 24.0% seen in the two prior quarters, suggesting the recovery rests on volatile unit economics rather than durable pricing power.
Price trend, volume and key moving averages
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 28, 2026 | $0.07+84.5% vs $0.04 | $1.3B+2.4% vs $1.3B |
Q3 2026 Jul 29, 2026 | $0.00+106.1% vs -$0.04 | $1.2B+6.3% vs $1.2B |
Q2 2026 Apr 22, 2026 | -$0.06+40.0% vs -$0.10 | $1.1B+1.4% vs $1.1B |
Q1 2026 Feb 4, 2026 | -$0.02+81.8% vs -$0.11 | $1.2B+3.6% vs $1.1B |
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The average of price targets set by Wall Street analysts indicates a potential upside of 26% in Patterson-UTI (PTEN). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Although the revenue and EPS for Patterson-UTI (PTEN) give a sense of how its business performed in the quarter ended September 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Patterson-UTI Energy, Inc. ( PTEN ) Q3 2026 Earnings Call October 29, 2026 10:00 AM EDT Company Participants Michael Sabella - Vice President of Investor Relations William Hendricks - President, CEO & Director C. Smith - Executive VP & CFO Conference Call Participants Scott Gruber - Citigroup Inc., Research Division James Rollyson - Raymond James & Associates, Inc., Research Division Saurabh Pant - BofA Securities, Research Division Alexa Petrick - Goldman Sachs Group, Inc., Research Division Derek Podhaizer - Piper Sandler & Co., Research Division Stephen Gengaro - Stifel, Nicolaus & Company, Incorporated, Research Division Edward Kim - Barclays Bank PLC, Research Division Joshua Silverstein - UBS Investment Bank, Research Division Daniel Kutz - Morgan Stanley, Research Division Keith MacKey - RBC Capital Markets, Research Division Arun Jayaram - JPMorgan Chase & Co, Research Division Presentation Operator Hello, everyone.
Benchmark PTEN against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Patterson-UTI Energy, Inc. (PTEN)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $9.92 | $3.77B | -152.62 | -10.25% | -0.52% | -0.79% | 3.22% | |
| $35.22 | $3.52B | -25.63 | 35.89% | -3.44% | -5.08% | 2.88% | |
| $73.20 | $1.08B | -17.87 | 8.69% | -1.82% | -4.08% | 0.57% | |
| $15.68 | $1.43B | 6.87 | 5.36% | 36.58% | 66.69% | — | |
| $7.44 | $103.79M | 1.53 | 1.41% | 12.66% | 514.81% | — | |
| $49.92 | $74.63B | 24.32 | -1.6% | 8.33% | 11.27% | 2.16% |
Patterson-UTI Energy, Inc. (PTEN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Patterson-UTI Energy, Inc. (PTEN) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 29, 2026·SEC
Jul 30, 2026·SEC
Jun 4, 2026·SEC
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Patterson-UTI Energy, Inc. (PTEN) stock FAQ — growth, dividends, profitability & financials explained
Patterson-UTI Energy, Inc. (PTEN) reported $4.83B in revenue in fiscal year 2025, which is also its trailing twelve months. That is 5667% more than the $83.7M of fiscal year 1996.
Patterson-UTI Energy, Inc. (PTEN) grew revenue by 0.0% over the trailing twelve months, compared with the twelve months before.
No. Patterson-UTI Energy, Inc. (PTEN) reported a net loss of $25.0M over the trailing twelve months.
Yes. Patterson-UTI Energy, Inc. (PTEN) pays a dividend that yields 3.22% at the current price, a moderate yield.
Patterson-UTI Energy, Inc. (PTEN) had a return on equity (ROE) of -0.8% over the trailing twelve months. A negative ROE means the company lost money over the period.
Patterson-UTI Energy, Inc. (PTEN) generated $266.0M in free cash flow over the trailing twelve months.
