PATTERSON UTI ENERGY INC
PATTERSON UTI ENERGY INC
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Financial statements beyond 3 years are for subscribers only. Unlock 17+ years of income statements, balance sheets, and cash flow statements Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 203 | 337 | 421 | 187 | 186 | 225 | 241 | 115 | 75 | 170 | 193 | 67 | |||||
Accounts Receivable Net Current | 920 | 742 | 723 | 800 | 771 | 800 | 764 | 864 | 867 | 873 | 971 | 1,010 | |||||
Inventory Net | 141 | 151 | 160 | 156 | 164 | 168 | 167 | 173 | 172 | 183 | 181 | 187 | |||||
Other Assets Current | - | 92 | 114 | 134 | 121 | 124 | 123 | 150 | 165 | 129 | 141 | 161 | |||||
Assets Current | 1,372 | 1,322 | 1,418 | 1,278 | 1,241 | 1,317 | 1,295 | 1,302 | 1,279 | 1,355 | 1,486 | 1,424 | |||||
Property Plant And Equipment Net | 2,598 | 2,628 | 2,711 | 2,785 | 2,835 | 2,937 | 3,010 | 3,095 | 3,236 | 3,319 | 3,340 | 3,388 | |||||
Operating Lease Right Of Use Asset | 42 | 38 | 43 | 43 | 42 | 43 | 44 | 47 | 49 | 51 | 48 | 48 | |||||
Finance Lease Right Of Use Asset | - | 8 | 15 | 22 | 23 | 24 | 27 | 34 | 30 | 33 | 63 | 57 | |||||
Goodwill | 487 | 487 | 487 | 487 | 487 | 487 | 487 | 487 | 1,377 | 1,380 | 1,380 | 1,373 | |||||
Finite Lived Intangible Assets Net | 755 | 784 | 815 | 843 | 872 | 901 | 930 | 963 | 992 | 1,023 | 1,052 | 1,075 | |||||
Deposits Assets Noncurrent | 20 | 14 | 12 | 11 | 19 | 20 | 16 | 11 | 37 | 42 | 28 | 29 | |||||
Other Assets Noncurrent | 89 | 79 | 69 | 63 | 56 | 36 | 24 | 24 | 22 | 19 | 19 | 18 | |||||
Assets | 5,373 | 5,361 | 5,570 | 5,533 | 5,576 | 5,765 | 5,833 | 5,964 | 7,022 | 7,226 | 7,420 | 7,421 | |||||
Deferred Income Tax Assets Net | - | - | - | - | - | - | 0 | 0 | 0 | 5 | 4 | 8 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 513 | 442 | 471 | 461 | 427 | 514 | 421 | 493 | 476 | 545 | 534 | 580 | |||||
Accrued Liabilities Current | 248 | 256 | 366 | 284 | 262 | 274 | 386 | 327 | 329 | 324 | 446 | 390 | |||||
Operating Lease Liability Current | 17 | 16 | 19 | 17 | 15 | 14 | 13 | 14 | 14 | 14 | 14 | 13 | |||||
Finance Lease Liability Current | - | 6 | 8 | 15 | 13 | 14 | 15 | 15 | 19 | 22 | 44 | 43 | |||||
Long Term Debt Current | - | - | 0 | 0 | 0 | 3 | 6 | 10 | 13 | 12 | 12 | 12 | |||||
Liabilities Current | 784 | 720 | 864 | 778 | 716 | 818 | 842 | 858 | 851 | 917 | 1,050 | 1,037 | |||||
Operating Lease Liability Noncurrent | 28 | 25 | 28 | 29 | 30 | 32 | 34 | 37 | 38 | 40 | 38 | 39 | |||||
Finance Lease Liability Noncurrent | - | 1 | 5 | 6 | 9 | 9 | 10 | 18 | 11 | 12 | 13 | 13 | |||||
Long Term Debt Noncurrent | 1,234 | 1,221 | 1,221 | 1,221 | 1,220 | 1,220 | 1,220 | 1,219 | 1,219 | 1,221 | 1,225 | 1,228 | |||||
Deferred Income Tax Liabilities Net | 203 | 212 | 216 | 233 | 240 | 239 | 238 | 246 | 280 | 268 | 248 | 218 | |||||
Other Liabilities Noncurrent | 16 | 15 | 12 | 12 | 12 | 12 | 13 | 14 | 14 | 16 | 25 | 26 | |||||
Liabilities | 2,266 | 2,195 | 2,346 | 2,278 | 2,227 | 2,330 | 2,358 | 2,392 | 2,414 | 2,474 | 2,599 | 2,561 | |||||
Stockholders Equity | |||||||||||||||||
Stockholders Equity Inclu… | |||||||||||||||||
Preferred Stock Value | - | - | 0 | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | |||||
Additional Paid In Capital Common Stock | 6,506 | 6,497 | 6,493 | 6,484 | 6,475 | 6,466 | 6,454 | 6,443 | 6,430 | 6,419 | 6,407 | 6,396 | |||||
Retained Earnings Accumulated Deficit | -1,379 | -1,320 | -1,258 | -1,218 | -1,150 | -1,070 | -1,039 | -956 | 54 | 75 | 57 | 29 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -2 | -2 | -1 | -2 | -1 | -3 | -3 | -0 | -1 | -1 | 0 | -1 | |||||
Treasury Stock Value | -2,030 | -2,021 | -2,021 | -2,021 | -1,987 | -1,971 | -1,951 | -1,930 | -1,890 | -1,756 | -1,658 | -1,578 | |||||
Stockholders Equity | 3,100 | 3,166 | 3,225 | 3,255 | 3,349 | 3,435 | 3,476 | 3,562 | 4,609 | 4,752 | 4,821 | 4,851 | |||||
Minority Interest | 7 | 6 | 6 | 6 | 6 | 8 | 10 | 10 | 9 | 9 | 8 | 8 | |||||
Liabilities And Stockholders Equity | 5,373 | 5,361 | 5,570 | 5,533 | 5,576 | 5,765 | 5,833 | 5,964 | 7,022 | 7,226 | 7,420 | 7,421 | |||||
Allowance For Doubtful Accounts Receivable Current | 16 | 15 | 14 | 15 | 14 | 15 | 15 | 15 | 14 | 13 | 3 | 3 | |||||
Debt Instrument Unamortized Discount Premium And D… | 11 | 6 | 6 | 7 | 7 | 7 | 8 | 8 | 8 | 9 | 9 | 9 | |||||
Preferred Stock Par Or Stated Value Per Share | - | - | 0.01 | - | - | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Preferred Stock Shares Authorized | - | - | 1 | - | - | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |||||
Preferred Stock Shares Issued | - | - | 0 | - | - | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 800 | 800 | 800 | 800 | 800 | 800 | 800 | 800 | 800 | 800 | 800 | 800 | |||||
Common Stock Shares Issued | 527 | 524 | 524 | 524 | 524 | 522 | 521 | 521 | 521 | 518 | 517 | 516 | |||||
Shares Outstanding | 381 | 380 | 379 | 379 | 385 | 386 | 387 | 390 | 394 | 404 | 411 | 417 | |||||
Treasury Stock Common Shares | 145 | 144 | 144 | 144 | 138 | 136 | 133 | 131 | 127 | 114 | 106 | 99 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.15% | -14.29% | -14.47% | - | - | - | - | - | - | - | - | - |
| 2025 | -3.87% | 8.29% | 1.30% | -8.50% | -14.57% | -12.02% | -11.66% | -5.57% | 15.81% | 9.75% | 29.82% | 46.71% |
| 2024 | 0.46% | -4.87% | -4.23% | -8.46% | -16.98% | -20.85% | 8.77% | -2.83% | 17.54% | -17.84% | -38.08% | -34.03% |
| 2023 | - | - | - | - | - | - | -2.15% | -10.21% | -10.38% | 1.21% | -0.35% | -2.08% |
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Performance and Valuation Metrics
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Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Metric history beyond 3 years is for subscribers only. Unlock 17+ years of history across 90+ calculated metrics Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.75 | 1.84 | 1.64 | 1.64 | 1.73 | 1.61 | 1.54 | 1.52 | 1.50 | 1.48 | 1.41 | 1.37 | |||||
| Quick Ratio | 1.57 | 1.63 | 1.46 | 1.44 | 1.50 | 1.40 | 1.34 | 1.32 | 1.30 | 1.28 | 1.24 | 1.19 | |||||
| Working Capital | 588.04M | 602.02M | 554.45M | 499.73M | 524.65M | 499.12M | 453.32M | 443.85M | 428.18M | 437.80M | 435.26M | 387.14M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.73 | 0.69 | 0.73 | 0.70 | 0.67 | 0.68 | 0.68 | 0.67 | 0.52 | 0.52 | 0.54 | 0.53 | |||||
| Interest Coverage TTM | -0.68 | -1.03 | -0.58 | -1.02 | -14.56 | -13.46 | -12.36 | -10.24 | 3.59 | 5.02 | 6.66 | 8.45 | |||||
| Debt Ratio | 0.42 | 0.41 | 0.42 | 0.41 | 0.40 | 0.40 | 0.40 | 0.40 | 0.34 | 0.34 | 0.35 | 0.35 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.85 | 0.84 | 0.85 | 0.84 | 0.80 | 0.79 | 0.81 | 0.87 | 1.08 | 0.94 | 0.79 | 0.64 | |||||
| Days Sales Outstanding TTM | 66.04 | 60.37 | 56.23 | 62.78 | 59.55 | 59.31 | 58.87 | 58.96 | 45.44 | 51.24 | 67.63 | 84.78 | |||||
| Receivables Turnover TTM | 5.53 | 6.05 | 6.49 | 5.81 | 6.13 | 6.15 | 6.20 | 6.19 | 8.03 | 7.12 | 5.40 | 4.31 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | -0.24 | -0.31 | -0.24 | -0.36 | -2.80 | -2.63 | -2.44 | -2.18 | 0.31 | 0.48 | 0.88 | 1.01 | |||||
| Free Cash Flow Per Share TTM | 0.47 | 0.72 | 0.97 | 0.75 | 0.86 | 1.05 | 1.25 | 1.45 | 1.12 | 1.01 | 1.40 | 1.17 | |||||
| Dividend Per Share TTM | 0.36 | 0.34 | 0.32 | 0.32 | 0.32 | 0.32 | 0.32 | 0.33 | 0.33 | 0.28 | 0.36 | 0.30 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | - | 79.68% | 79.75% | 79.45% | 80.10% | 80.47% | 80.86% | 81.71% | 80.02% | 77.19% | 73.01% | 69.48% | |||||
| Operating Profit Margin TTM | -1.06% | -1.55% | -0.85% | -1.49% | -20.61% | -18.64% | -16.54% | -12.87% | 4.65% | 6.43% | 8.49% | 10.66% | |||||
| Net Profit Margin TTM | -1.92% | -2.56% | -1.94% | -2.82% | -21.49% | -19.77% | -18.00% | -14.72% | 2.29% | 4.07% | 5.94% | 8.49% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | -6.92% | -9.41% | -10.25% | -16.59% | -7.98% | 5.82% | 29.70% | 73.11% | 77.86% | 66.04% | 56.61% | 44.07% | |||||
| Net Income Growth (1Y) | -91.67% | -88.27% | -90.33% | -84.02% | -963.99% | -614.52% | -493.04% | -400.22% | -63.90% | -30.12% | 59.25% | -192.57% | |||||
| EPS Growth (1Y) | -91.56% | -88.06% | -89.98% | -83.65% | -995.81% | -643.36% | -376.58% | -314.76% | -81.22% | -63.69% | 23.03% | -171.63% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | -38.84 | -34.12 | -24.51 | -14.04 | -2.02 | -2.93 | -3.15 | -3.23 | 30.27 | 22.33 | 11.03 | 12.19 | |||||
| P/B TTM | 1.13 | 1.29 | 0.71 | 0.59 | 0.65 | 0.87 | 0.88 | 0.77 | 0.82 | 0.93 | 0.56 | 0.71 | |||||
| P/S TTM | 0.75 | 0.87 | 0.48 | 0.40 | 0.43 | 0.58 | 0.57 | 0.48 | 0.69 | 0.91 | 0.66 | 1.03 | |||||
| Market Cap | 3.49B | 4.07B | 2.29B | 1.92B | 2.18B | 2.98B | 3.05B | 2.76B | 3.78B | 4.42B | 2.72B | 3.47B | |||||
| Enterprise Value | 4.52B | 4.96B | 3.10B | 2.96B | 3.22B | 3.99B | 4.05B | 3.89B | 4.96B | 5.50B | 3.81B | 4.68B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 177.73M | 273.11M | 372.19M | 288.66M | 333.04M | 404.51M | 497.15M | 569.03M | 448.98M | 412.43M | 390.22M | 326.56M | |||||
| Net Debt | 1.03B | 889.78M | 808.12M | 1.05B | 1.05B | 1.01B | 1.00B | 1.13B | 1.18B | 1.08B | 1.09B | 1.22B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
| NCAV | |||||||||||||||||
| NCAV Per Share TTM | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
PATTERSON UTI ENERGY INC (PTEN) — SEC Financial Statements & Analysis
PATTERSON UTI ENERGY INC (PTEN) is a drilling oil & gas wells company, incorporated in DE. PATTERSON UTI ENERGY INC trades on Nasdaq as: PTEN. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), PATTERSON UTI ENERGY INC reported a -6.92% year-over-year revenue growth, a Gross Profit Margin of 79.68% (TTM), a Debt-to-Equity ratio of 0.73x, a Price-to-Sales (P/S) ratio of 0.75x (TTM), a Price-to-Book (P/B) ratio of 1.13x (TTM), at a market cap of $3.49B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- -6.92%
- Gross Profit Margin TTM
- 79.68%
- Debt To Equity
- 0.73x
- P/S TTM
- 0.75x
- P/B TTM
- 1.13x
- Market Cap
- $3.49B
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is PATTERSON UTI ENERGY INC in?
PATTERSON UTI ENERGY INC (PTEN) operates in the Drilling Oil & Gas Wells industry.
What is PTEN's market cap?
PATTERSON UTI ENERGY INC (PTEN) has a market capitalization of $3.49B as of 2026-06-30.
What exchange does PTEN trade on?
PATTERSON UTI ENERGY INC (PTEN) trades on the Nasdaq.
Where is PATTERSON UTI ENERGY INC incorporated?
PATTERSON UTI ENERGY INC is incorporated in DE.