Patterson-UTI Energy, Inc. (PTEN) quarterly balance sheet — complete assets, liabilities & equity history
Patterson-UTI Energy, Inc. (PTEN) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 1.52B | 1.37B | 1.32B | 1.42B | 1.28B | 1.24B | 1.32B | 1.3B | 1.3B | 1.28B | 1.35B | 1.49B | 1.42B | 801.33M | 780.27M | 829.42M | 712.95M | 621.22M | 532.91M | 583.65M |
| Cash & Short-Term Investments | 339.31M | 203.17M | 337.24M | 420.64M | 184.78M | 183.77M | 223.09M | 239.18M | 115.48M | 75.04M | 170.25M | 192.68M | 67.05M | 150.29M | 157.22M | 137.55M | 42.73M | 19.64M | 48.26M | 117.52M |
| Cash Only | 339.31M | 203.17M | 337.24M | 420.64M | 184.78M | 183.77M | 223.09M | 239.18M | 113.38M | 75.04M | 170.25M | 192.68M | 67.05M | 150.29M | 157.22M | 137.55M | 42.73M | 19.64M | 48.26M | 117.52M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.1M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 945.66M | 970.91M | 779.48M | 775.96M | 860.95M | 825.03M | 856.49M | 821.82M | 932.61M | 935.69M | 929.38M | 1.03B | 1.07B | 536.2M | 528.62M | 565.92M | 546.71M | 473.34M | 377.64M | 356.15M |
| Days Sales Outstanding | 65.68 | 64.86 | 62.64 | 65.43 | 65.95 | 62.75 | 58.98 | 69.44 | 63.32 | 62.94 | 59 | 61.03 | 73.18 | 63.84 | 62.21 | 64.91 | 64.5 | 62.23 | 64.83 | 61.08 |
| Inventory | 143.85M | 140.75M | 150.59M | 160.28M | 155.93M | 163.69M | 167.77M | 167.02M | 172.75M | 172.41M | 183.18M | 180.81M | 186.51M | 68.04M | 65.28M | 58.04M | 55.22M | 53.53M | 45.3M | 42.36M |
| Days Inventory Outstanding | 10.24 | 13.99 | 16.47 | 13.31 | 13.13 | 12.64 | 12.63 | 14.03 | 11.45 | 13.06 | 12.25 | 12.09 | 13.17 | 9.86 | 8.66 | 8.15 | 8.03 | 7.91 | 7.89 | 4.5 |
| Other Current Assets | 88.77M | 9.13M | 24.86M | 61.21M | 30.83M | 25.25M | 41.27M | 35.39M | 38.58M | 45.86M | 38.74M | 36.77M | 29.51M | 24.32M | 21.23M | 67.91M | 68.29M | 74.71M | 61.7M | 67.62M |
| Total Non-Current Assets | 3.93B | 4B | 4.04B | 4.15B | 4.26B | 4.33B | 4.45B | 4.54B | 4.66B | 5.74B | 5.87B | 5.93B | 6B | 2.32B | 2.31B | 2.31B | 2.33B | 2.34B | 2.36B | 2.37B |
| Property, Plant & Equipment | 2.56B | 2.65B | 2.63B | 2.71B | 2.86B | 2.92B | 3.02B | 3.08B | 3.19B | 3.35B | 3.45B | 3.48B | 3.52B | 2.3B | 2.29B | 2.29B | 2.31B | 2.32B | 2.33B | 2.35B |
| Fixed Asset Turnover | 0.52x | 0.47x | 0.42x | 0.41x | 0.41x | 0.41x | 0.42x | 0.37x | 0.42x | 0.40x | 0.44x | 0.45x | 0.35x | 0.33x | 0.35x | 0.34x | 0.31x | 0.27x | 0.22x | 0.19x |
| Goodwill | 487.39M | 487.39M | 487.39M | 487.39M | 487.39M | 487.39M | 487.39M | 487.39M | 487.39M | 1.38B | 1.38B | 1.38B | 1.37B | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 727.87M | 755.24M | 784.22M | 814.81M | 842.97M | 871.95M | 900.96M | 929.61M | 962.6M | 992.19M | 1.02B | 1.05B | 1.07B | 5.14M | 5.49M | 5.84M | 6.11M | 7.17M | 7.34M | 7.54M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 161.47M | 100.05M | 138.71M | 139.14M | 63.43M | 56.35M | 35.67M | 39.41M | 24.09M | 21.57M | 18.59M | 19.42M | 18.5M | 10.13M | 10.53M | 10.88M | 10.43M | 11.38M | 12.78M | 11.05M |
| Total Assets | 5.45B | 5.37B | 5.36B | 5.57B | 5.53B | 5.58B | 5.77B | 5.83B | 5.96B | 7.02B | 7.23B | 7.42B | 7.42B | 3.12B | 3.09B | 3.14B | 3.04B | 2.96B | 2.89B | 2.96B |
| Asset Turnover | 0.25x | 0.23x | 0.20x | 0.21x | 0.21x | 0.22x | 0.22x | 0.20x | 0.21x | 0.19x | 0.21x | 0.21x | 0.19x | 0.24x | 0.25x | 0.25x | 0.24x | 0.21x | 0.17x | 0.16x |
| Asset Growth % | -1.47% | -3.64% | -7.02% | -4.51% | -7.22% | -20.6% | -20.21% | -21.38% | -19.63% | 125.28% | 133.68% | 136.02% | 143.94% | 5.31% | 7.04% | 6.29% | 0.81% | -3.69% | -8.92% | -20.25% |
| Total Current Liabilities | 876.93M | 784.15M | 720.25M | 863.64M | 777.77M | 716.47M | 818.29M | 841.99M | 858.4M | 851.2M | 916.9M | 1.05B | 1.04B | 454.32M | 486.82M | 550.97M | 460M | 448.42M | 396.18M | 435.85M |
| Accounts Payable | 553.89M | 513.17M | 442.42M | 470.78M | 461.26M | 426.51M | 513.96M | 421.32M | 493.36M | 476.46M | 544.86M | 534.42M | 579.72M | 245.56M | 271.44M | 237.06M | 263.76M | 252.69M | 206.8M | 190.22M |
| Days Payables Outstanding | 38.38 | 45.9 | 48.39 | 39.23 | 36.48 | 35.86 | 35.27 | 37.76 | 32.17 | 37.51 | 36.32 | 36.66 | 42.7 | 38.26 | 35.71 | 36.05 | 38.15 | 36.78 | 35.72 | 20.73 |
| Short-Term Debt | 28.94M | 0 | 0 | 0 | 0 | 0 | 3.22M | 6.39M | 9.51M | 45.51M | 12.41M | 12.23M | 67.48M | 4.75M | 0 | 5.12M | 5.42M | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 8.63M | 20.29M | 79.29M | 3.63M | 4.47M | 14.03M | 75.19M | 13.31M | 14.05M | 22.02M | 98.91M | 16.57M | 15.55M | 34.06M | 110.22M | 8.53M | 3.41M | 13.37M | 60.28M |
| Other Current Liabilities | 0 | 40M | 38.8M | 0 | 0 | 65.99M | 72.3M | 0 | 73.39M | 106.69M | 68.36M | 84.34M | 163.46M | 64.81M | 66.12M | 52.77M | 64.82M | 66.73M | 67.3M | 67.92M |
| Current Ratio | 1.73x | 1.75x | 1.84x | 1.64x | 1.64x | 1.73x | 1.61x | 1.54x | 1.52x | 1.50x | 1.48x | 1.41x | 1.37x | 1.76x | 1.60x | 1.51x | 1.55x | 1.39x | 1.35x | 1.34x |
| Quick Ratio | 1.57x | 1.57x | 1.63x | 1.46x | 1.44x | 1.50x | 1.40x | 1.34x | 1.32x | 1.30x | 1.28x | 1.24x | 1.19x | 1.61x | 1.47x | 1.40x | 1.43x | 1.27x | 1.23x | 1.24x |
| Cash Conversion Cycle | 37.54 | 32.95 | 30.72 | 39.51 | 42.6 | 39.53 | 36.33 | 45.71 | 42.6 | 38.49 | 34.93 | 36.45 | 43.65 | 35.45 | 35.16 | 37.02 | 34.38 | 33.36 | 36.99 | 44.85 |
| Total Non-Current Liabilities | 1.5B | 1.48B | 1.47B | 1.48B | 1.5B | 1.51B | 1.51B | 1.52B | 1.53B | 1.56B | 1.56B | 1.55B | 1.52B | 942.71M | 932.56M | 927.33M | 947.62M | 935.48M | 916.09M | 912.51M |
| Long-Term Debt | 1.23B | 1.23B | 1.22B | 1.22B | 1.22B | 1.22B | 1.22B | 1.22B | 1.22B | 1.22B | 1.22B | 1.22B | 1.23B | 822.41M | 822.2M | 830.94M | 852.95M | 877.74M | 852.53M | 852.32M |
| Capital Lease Obligations | 0 | 27.59M | 26.01M | 33.06M | 34.99M | 38.16M | 41.25M | 44.52M | 54.56M | 48.98M | 51.78M | 50.8M | 51.85M | 17.29M | 18.39M | 19.59M | 20.59M | 21.61M | 18.28M | 18.11M |
| Deferred Tax Liabilities | 221.09M | 203.23M | 212.03M | 215.82M | 232.8M | 240.14M | 238.51M | 238.1M | 245.69M | 280.43M | 268.42M | 248.11M | 217.68M | 58.63M | 47.4M | 28.74M | 23.03M | 25.46M | 29.23M | 29.23M |
| Other Non-Current Liabilities | 42.49M | 17.01M | 15.16M | 12.19M | 11.74M | 11.77M | 11.89M | 13.24M | 13.6M | 14.05M | 16.17M | 25.07M | 26.08M | 44.38M | 44.58M | 48.06M | 51.05M | 10.66M | 16.04M | 12.84M |
| Total Liabilities | 2.38B | 2.27B | 2.19B | 2.35B | 2.28B | 2.23B | 2.33B | 2.36B | 2.39B | 2.41B | 2.47B | 2.6B | 2.56B | 1.4B | 1.42B | 1.48B | 1.41B | 1.38B | 1.31B | 1.35B |
| Total Debt | 1.26B | 1.26B | 1.27B | 1.28B | 1.29B | 1.29B | 1.29B | 1.3B | 1.31B | 1.35B | 1.32B | 1.35B | 1.35B | 844.45M | 845.63M | 855.65M | 878.96M | 905.07M | 877.24M | 877.32M |
| Net Debt | 924.13M | 1.06B | 931.63M | 859.83M | 1.1B | 1.1B | 1.07B | 1.06B | 1.2B | 1.27B | 1.15B | 1.15B | 1.28B | 694.16M | 688.41M | 718.1M | 836.23M | 885.43M | 828.98M | 759.8M |
| Debt / Equity | 0.41x | 0.41x | 0.40x | 0.40x | 0.40x | 0.38x | 0.38x | 0.37x | 0.37x | 0.29x | 0.28x | 0.28x | 0.28x | 0.49x | 0.51x | 0.51x | 0.54x | 0.57x | 0.56x | 0.55x |
| Debt / EBITDA | 4.44x | 5.99x | 6.22x | 6.07x | 6.52x | 5.54x | 5.19x | 6.02x | - | 4.31x | 3.65x | 3.34x | 6.50x | 3.65x | 3.33x | 3.56x | 4.43x | 5.72x | 8.95x | 17.41x |
| Net Debt / EBITDA | 3.24x | 5.02x | 4.57x | 4.07x | 5.59x | 4.75x | 4.30x | 4.92x | - | 4.07x | 3.18x | 2.86x | 6.18x | 3.00x | 2.71x | 2.99x | 4.21x | 5.59x | 8.45x | 15.08x |
| Interest Coverage | 3.36x | -0.37x | -0.61x | 0.14x | -1.46x | -1.69x | 1.15x | -1.79x | -55.06x | 3.12x | 4.91x | 5.99x | 0.72x | 11.10x | 14.58x | 14.45x | 6.80x | 3.22x | -1.64x | -34.20x |
| Total Equity | 3.08B | 3.11B | 3.17B | 3.23B | 3.26B | 3.35B | 3.44B | 3.48B | 3.57B | 4.61B | 4.75B | 4.82B | 4.86B | 1.72B | 1.67B | 1.67B | 1.63B | 1.58B | 1.58B | 1.61B |
| Equity Growth % | -5.47% | -7.23% | -7.67% | -7.05% | -8.87% | -27.34% | -27.7% | -27.9% | -26.5% | 167.91% | 184.04% | 189.44% | 197.34% | 9.14% | 6.11% | 3.48% | -5.29% | -12.81% | -17.54% | -20.17% |
| Book Value per Share | 8.01 | 8.18 | 8.36 | 8.52 | 8.46 | 8.68 | 8.88 | 8.93 | 9.12 | 11.53 | 11.60 | 11.51 | 17.23 | 8.23 | 7.75 | 7.58 | 7.41 | 7.17 | 7.32 | 7.48 |
| Total Shareholders' Equity | 3.07B | 3.1B | 3.17B | 3.22B | 3.25B | 3.34B | 3.43B | 3.47B | 3.56B | 4.6B | 4.74B | 4.81B | 4.85B | 1.72B | 1.67B | 1.67B | 1.63B | 1.58B | 1.58B | 1.61B |
| Common Stock | 5.27M | 5.26M | 5.24M | 5.24M | 5.24M | 5.23M | 5.22M | 5.21M | 5.21M | 5.21M | 5.18M | 5.17M | 5.16M | 3.05M | 3.02M | 3.02M | 3.02M | 3.02M | 2.99M | 2.99M |
| Retained Earnings | -1.39B | -1.38B | -1.32B | -1.26B | -1.22B | -1.15B | -1.07B | -1.04B | -956.17M | 54.21M | 75.3M | 57.03M | 28.92M | 62.9M | -4.89M | -87.39M | -170.07M | -222.71M | -235.85M | -198.32M |
| Treasury Stock | 0 | -2.03B | -2.02B | -2.02B | -2.02B | -1.99B | -1.97B | -1.95B | -1.93B | -1.89B | -1.76B | -1.66B | -1.58B | -1.55B | -1.53B | -1.45B | -1.4B | -1.4B | -1.37B | -1.37B |
| Accumulated OCI | -2.44M | -2.34M | -1.69M | -1.16M | -1.82M | -1.02M | -2.87M | -2.58M | -51K | -648K | -521K | 472K | -656K | 0 | 0 | 0 | 0 | 0 | 6.03M | 5.92M |
| Minority Interest | 6.01M | 6.66M | 6.33M | 6.18M | 6.28M | 6.33M | 8.41M | 10.02M | 9.83M | 9.4M | 8.86M | 8.39M | 8.4M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |