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Patterson-UTI Energy (PTEN) Financials

Patterson-UTI Energy logo
$5.78 +0.06 (+1.05%)
Closing price 05/27/2025 04:00 PM Eastern
Extended Trading
$5.86 +0.08 (+1.45%)
As of 04:05 AM Eastern
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Annual Income Statements for Patterson-UTI Energy

Annual Income Statements for Patterson-UTI Energy

This table shows Patterson-UTI Energy's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders
-968 246 155 -655 -804 -426 5.91 350 -294
Consolidated Net Income / (Loss)
-966 246 155 -655 -804 -426 5.91 -319 -294
Net Income / (Loss) Continuing Operations
-966 246 155 -657 -804 -426 5.91 350 -294
Total Pre-Tax Income
-957 307 168 -720 -931 -530 -328 -496 -442
Total Operating Income
-890 352 211 -678 -892 -462 -293 212 -407
Total Gross Profit
1,458 1,335 801 277 317 691 639 267 670
Total Revenue
5,378 4,146 2,648 1,357 1,124 2,471 2,357 916 1,891
Operating Revenue
5,378 4,146 2,648 1,357 1,124 2,471 2,357 916 1,866
Total Cost of Revenue
3,920 2,811 1,847 1,080 808 1,779 1,718 649 1,221
Operating Cost of Revenue
3,920 2,811 1,847 1,082 802 1,774 1,718 649 1,221
Total Operating Expenses
2,348 983 590 954 1,209 1,153 932 55 1,077
Selling, General & Admin Expense
268 170 117 92 98 134 106 69 86
Depreciation Expense
1,172 731 484 849 671 1,004 783 - 865
Other Operating Expenses / (Income)
-11 -16 -13 0.76 7.06 -2.31 -32 -14 1.65
Impairment Charge
885 0.00 0.00 - 395 18 - - 125
Restructuring Charge
33 98 2.07 12 38 0.00 74 - -
Total Other Income / (Expense), net
-67 -45 -43 -42 -39 -69 -35 -40 -35
Interest Expense
72 53 40 42 41 75 37 -40 36
Interest & Investment Income
5.73 6.12 0.36 0.22 1.25 6.01 1.87 0.33 0.96
Other Income / (Expense), net
-0.98 1.90 -3.27 -0.28 0.76 0.39 0.34 0.07 0.03
Income Tax Expense
9.45 61 13 -63 -127 -105 -334 -178 -148
Net Income / (Loss) Attributable to Noncontrolling Interest
1.63 -0.34 0.00 0.00 - - - - -
Basic Earnings per Share
($2.44) $0.88 $0.72 ($3.36) ($4.27) ($2.10) $0.03 ($2.18) ($2.00)
Weighted Average Basic Shares Outstanding
397.20M 279.50M 215.94M 195.02M 188.01M 203.04M 198.45M 146.18M 145.42M
Diluted Earnings per Share
($2.44) $0.88 $0.70 ($3.36) ($4.27) ($2.10) $0.03 ($2.18) ($2.00)
Weighted Average Diluted Shares Outstanding
397.20M 280.06M 219.50M 195.02M 188.01M 203.04M 199.88M 146.18M 145.42M
Weighted Average Basic & Diluted Shares Outstanding
386.39M 408.19M 213.66M 215.27M 187.74M 192.15M 197M 146.20M 147.20M
Cash Dividends to Common per Share
$0.32 $0.32 $0.20 $0.08 $0.10 $0.16 $0.08 $0.16 $0.40

Quarterly Income Statements for Patterson-UTI Energy

This table shows Patterson-UTI Energy's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
1.01 -52 -979 11 51 62 0.05 85 100 100 61
Consolidated Net Income / (Loss)
1.29 -51 -978 12 52 62 -0.28 85 100 100 61
Net Income / (Loss) Continuing Operations
1.29 -51 -978 12 52 62 -0.28 85 100 100 61
Total Pre-Tax Income
2.68 -49 -1,009 29 72 93 -4.41 98 120 108 64
Total Operating Income
17 -31 -991 45 87 112 9.70 105 126 117 76
Total Gross Profit
319 308 345 377 428 465 320 271 279 273 227
Total Revenue
1,281 1,162 1,357 1,348 1,510 1,584 1,011 759 792 788 728
Operating Revenue
1,281 1,162 1,357 1,348 1,510 1,584 1,011 759 792 788 728
Total Cost of Revenue
961 854 1,013 971 1,082 1,119 691 488 513 516 501
Operating Cost of Revenue
961 860 1,012 971 1,077 1,119 691 488 513 516 501
Total Operating Expenses
302 339 1,335 332 341 353 310 166 153 156 151
Selling, General & Admin Expense
67 73 66 65 65 61 45 33 31 35 28
Depreciation Expense
232 255 375 268 275 279 198 127 128 123 122
Other Operating Expenses / (Income)
2.95 8.35 2.91 -11 -11 -6.28 -2.64 -1.79 -5.57 -2.03 -0.11
Restructuring Charge
0.43 3.46 6.70 11 12 20 70 7.94 0.00 - 0.02
Total Other Income / (Expense), net
-14 -18 -18 -16 -15 -18 -14 -6.20 -6.10 -8.41 -13
Interest Expense
18 18 18 18 18 19 16 9.74 8.83 8.06 11
Interest & Investment Income
1.46 0.93 0.75 1.87 2.19 1.54 2.13 1.21 1.24 0.27 0.06
Other Income / (Expense), net
1.97 -1.33 -0.72 0.22 0.85 -1.29 -0.62 2.32 1.49 -0.63 -1.77
Income Tax Expense
1.39 1.93 -30 18 20 31 -4.13 14 20 8.29 2.20
Net Income / (Loss) Attributable to Noncontrolling Interest
0.29 0.19 0.43 0.54 0.47 -0.01 -0.33 0.00 0.00 - 0.00
Basic Earnings per Share
$0.00 ($0.10) ($2.50) $0.03 $0.13 - $0.00 $0.41 $0.47 $0.47 $0.28
Weighted Average Basic Shares Outstanding
386.52M 397.20M 391.73M 399.56M 408.18M 279.50M 280.22M 207.84M 212.09M 215.94M 216.82M
Diluted Earnings per Share
$0.00 ($0.10) ($2.50) $0.03 $0.13 $0.02 $0.00 $0.40 $0.46 $0.45 $0.28
Weighted Average Diluted Shares Outstanding
387.04M 397.20M 391.73M 399.56M 409.82M 280.06M 281.98M 208.98M 215.87M 219.50M 220.45M
Weighted Average Basic & Diluted Shares Outstanding
385.99M 386.39M 389.96M 393.05M 401.70M 408.19M 417.28M 207.99M 208.25M 213.66M 216.82M
Cash Dividends to Common per Share
$0.08 - $0.08 $0.08 $0.08 - $0.08 $0.08 $0.08 - $0.04

Annual Cash Flow Statements for Patterson-UTI Energy

This table details how cash moves in and out of Patterson-UTI Energy's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents
49 55 20 -107 51 -71 202 7.68 -78 70
Net Cash From Operating Activities
1,176 1,006 566 95 279 696 731 301 305 999
Net Cash From Continuing Operating Activities
1,176 1,006 566 96 279 696 731 301 305 999
Net Income / (Loss) Continuing Operations
-966 246 155 -655 -804 -426 -321 5.91 -319 -294
Consolidated Net Income / (Loss)
-966 246 155 -655 -804 -426 -321 5.91 -319 -294
Depreciation Expense
1,172 731 484 849 671 1,004 916 783 668 865
Non-Cash Adjustments To Reconcile Net Income
936 44 7.52 20 452 86 221 13 8.74 142
Changes in Operating Assets and Liabilities, net
34 -15 -80 -118 -41 31 -86 -502 -56 286
Net Cash From Investing Activities
-655 -1,018 -413 -132 -125 -302 -585 -1,011 -98 -723
Net Cash From Continuing Investing Activities
-655 -1,018 -413 -173 -125 -302 -585 -1,011 -98 -723
Purchase of Property, Plant & Equipment
-678 -616 -437 -166 -145 -348 -641 -567 -120 -744
Acquisitions
2.98 -422 0.00 -29 0.00 -0.01 -14 -502 - -
Purchase of Investments
-5.17 -5.87 -2.50 -0.52 -0.42 0.00 0.00 -2.52 - -
Sale of Property, Plant & Equipment
26 26 26 - - - - - 22 21
Net Cash From Financing Activities
-475 66 -133 -72 -103 -465 57 717 -285 -199
Net Cash From Continuing Financing Activities
-475 66 -133 -72 -103 -465 57 717 -285 -199
Repayment of Debt
-62 -434 -170 -50 -63 -674 -351 -331 -459 -386
Repurchase of Common Equity
-290 -201 -70 -6.33 -21 -255 -162 -6.81 -3.61 -8.01
Payment of Dividends
-127 -100 -43 -16 -19 -32 -31 -16 -24 -59
Issuance of Debt
50 816 150 0.00 0.00 497 600 599 201 254
Other Financing Activities, net
-45 -16 0.00 0.00 - 0.00 0.49 0.12 0.27 -
Effect of Exchange Rate Changes
2.81 1.24 0.45 0.64 -0.00 -0.06 -0.78 1.01 -0.20 -6.88
Cash Interest Paid
69 40 40 40 43 77 41 35 37 33
Cash Income Taxes Paid
-15 -27 -1.53 4.20 3.71 -1.45 3.17 3.95 53 97

Quarterly Cash Flow Statements for Patterson-UTI Energy

This table details how cash moves in and out of Patterson-UTI Energy's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
-16 126 40 -95 -22 126 -83 -6.93 20 95 23
Net Cash From Operating Activities
208 316 296 198 366 453 156 163 234 303 178
Net Cash From Continuing Operating Activities
208 316 296 198 366 453 156 163 234 303 178
Net Income / (Loss) Continuing Operations
1.29 -51 -978 12 52 62 -0.28 85 100 100 61
Consolidated Net Income / (Loss)
1.29 -51 -978 12 52 62 -0.28 85 100 100 61
Depreciation Expense
232 255 375 268 275 279 198 127 128 123 122
Non-Cash Adjustments To Reconcile Net Income
11 13 900 7.04 15 11 28 5.26 -0.87 1.87 5.72
Changes in Operating Assets and Liabilities, net
-36 99 -0.22 -89 24 101 -69 -54 7.36 78 -11
Net Cash From Investing Activities
-165 -130 -175 -122 -227 -204 -571 -126 -116 -114 -121
Net Cash From Continuing Investing Activities
-165 -130 -175 -122 -227 -204 -571 -126 -116 -114 -121
Purchase of Property, Plant & Equipment
-162 -140 -181 -131 -227 -205 -160 -132 -118 -119 -126
Purchase of Investments
-7.02 -0.73 -3.07 1.56 -2.93 -5.59 -0.28 -0.00 -0.01 -0.10 -0.06
Sale of Property, Plant & Equipment
4.34 11 5.36 6.93 2.39 6.91 12 6.53 1.26 5.77 4.96
Net Cash From Financing Activities
-59 -64 -79 -171 -162 -123 331 -44 -98 -95 -34
Net Cash From Continuing Financing Activities
-59 -64 -79 -171 -162 -123 331 -44 -98 -95 -34
Repayment of Debt
-7.70 -3.13 -53 -2.04 -4.03 -3.42 -423 - -7.84 -80 -70
Repurchase of Common Equity
-20 -20 -40 -132 -98 -76 -23 -27 -74 -57 -
Payment of Dividends
-31 -31 -31 -32 -33 -33 -33 -17 -17 -17 -8.67
Effect of Exchange Rate Changes
-0.85 3.57 -1.74 0.24 0.75 -0.30 - - 0.00 - -
Cash Interest Paid
24 24 10 24 10 10 12 8.64 8.87 8.52 11
Cash Income Taxes Paid
1.44 -0.44 -1.59 -12 -0.38 0.29 -9.79 -17 -0.34 -0.36 -0.29

Annual Balance Sheets for Patterson-UTI Energy

This table presents Patterson-UTI Energy's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Assets
5,833 7,420 3,144 2,958 3,299 4,440 5,470 5,759 3,772 4,529
Total Current Assets
1,295 1,486 829 584 478 632 950 747 247 487
Cash & Equivalents
241 193 138 118 225 174 245 43 35 113
Accounts Receivable
764 971 566 356 160 340 559 580 148 220
Inventories, net
167 181 65 42 33 36 66 69 20 15
Other Current Assets
123 141 61 68 55 75 77 53 41 40
Plant, Property, & Equipment, net
3,010 3,340 2,261 2,332 2,761 3,307 4,003 4,255 3,409 3,921
Total Noncurrent Assets
1,528 2,594 54 42 60 501 517 757 116 122
Noncurrent Note & Lease Receivables
27 63 0.00 - - - - - - -
Goodwill
487 1,380 0.00 - - 444 478 687 89 93
Intangible Assets
930 1,052 5.85 7.54 30 - - - - -
Noncurrent Deferred & Refundable Income Taxes
0.00 3.93 3.21 3.98 - - - 3.88 4.12 -
Other Noncurrent Operating Assets
84 95 45 31 30 57 39 66 23 30
Total Liabilities & Shareholders' Equity
5,833 7,420 3,144 2,958 3,299 4,440 5,470 5,759 3,772 4,529
Total Liabilities
2,358 2,599 1,478 1,348 1,283 1,606 1,964 1,776 1,524 1,968
Total Current Liabilities
842 1,050 551 436 274 401 526 546 265 308
Short-Term Debt
6.39 12 0.00 - - - - - - 63
Accounts Payable
421 534 237 190 91 170 289 320 126 83
Accrued Expenses
386 446 309 239 176 220 236 227 139 162
Other Current Liabilities
29 58 5.12 6.89 7.10 9.94 - - - -
Total Noncurrent Liabilities
1,516 1,549 927 913 1,009 1,205 1,438 1,230 1,259 1,661
Long-Term Debt
1,220 1,225 831 852 901 967 1,119 867 598 788
Noncurrent Deferred & Payable Income Tax Liabilities
238 248 29 29 78 203 306 351 651 864
Other Noncurrent Operating Liabilities
58 76 68 31 30 36 13 12 9.65 8.97
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
3,476 4,821 1,666 1,609 2,016 2,834 3,505 3,982 2,249 2,561
Total Preferred & Common Equity
3,466 4,812 1,666 1,609 2,016 2,834 3,505 3,982 2,249 2,561
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
3,466 4,812 1,666 1,609 2,016 2,834 3,505 3,982 2,249 2,561
Common Stock
6,459 6,412 3,206 3,175 2,905 2,878 2,830 2,788 1,045 1,014
Retained Earnings
-1,039 57 -87 -198 472 1,295 1,754 2,106 2,116 2,459
Treasury Stock
-1,951 -1,658 -1,453 -1,373 -1,366 -1,345 -1,080 -919 -911 -907
Accumulated Other Comprehensive Income / (Loss)
-2.58 0.47 0.00 5.92 5.41 5.48 2.49 6.82 -1.13 -4.09
Noncontrolling Interest
10 8.39 0.00 - - - - - - -

Quarterly Balance Sheets for Patterson-UTI Energy

This table presents Patterson-UTI Energy's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 3/31/2025 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets
5,765 5,964 7,022 7,226 7,421 3,117 3,092 3,042
Total Current Assets
1,317 1,302 1,279 1,355 1,424 801 780 713
Cash & Equivalents
225 115 75 170 67 150 157 43
Accounts Receivable
800 864 867 873 1,010 491 493 546
Inventories, net
168 173 172 183 187 68 65 55
Other Current Assets
124 150 165 129 161 92 64 68
Plant, Property, & Equipment, net
2,937 3,095 3,236 3,319 3,388 2,264 2,253 2,279
Total Noncurrent Assets
1,511 1,566 2,507 2,552 2,608 52 59 50
Noncurrent Note & Lease Receivables
24 34 30 33 57 - - -
Goodwill
487 487 1,377 1,380 1,373 - - -
Intangible Assets
901 963 992 1,023 1,075 5.14 5.49 6.11
Other Noncurrent Operating Assets
98 83 107 112 96 43 50 41
Total Liabilities & Shareholders' Equity
5,765 5,964 7,022 7,226 7,421 3,117 3,092 3,042
Total Liabilities
2,330 2,392 2,414 2,474 2,561 1,397 1,419 1,408
Total Current Liabilities
818 858 851 917 1,037 454 487 460
Short-Term Debt
3.22 9.51 13 12 12 - - -
Accounts Payable
514 493 476 545 580 246 271 264
Accrued Expenses
274 327 329 324 390 204 204 188
Other Current Liabilities
27 29 33 36 55 4.75 5.05 5.42
Total Noncurrent Liabilities
1,512 1,533 1,563 1,557 1,524 943 933 948
Long-Term Debt
1,220 1,219 1,219 1,221 1,228 822 822 853
Noncurrent Deferred & Payable Income Tax Liabilities
239 246 280 268 218 59 47 23
Other Noncurrent Operating Liabilities
53 68 63 68 78 62 63 72
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
3,435 3,572 4,609 4,752 4,860 1,720 1,673 1,634
Total Preferred & Common Equity
3,427 3,562 4,599 4,743 4,851 1,720 1,673 1,634
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
3,427 3,562 4,599 4,743 4,851 1,720 1,673 1,634
Common Stock
6,471 6,448 6,435 6,425 6,401 3,212 3,205 3,200
Retained Earnings
-1,070 -956 54 75 29 63 -4.90 -170
Treasury Stock
-1,971 -1,930 -1,890 -1,756 -1,578 -1,555 -1,527 -1,396
Accumulated Other Comprehensive Income / (Loss)
-2.87 -0.05 -0.65 -0.52 -0.66 0.00 0.00 0.00
Noncontrolling Interest
8.41 9.83 9.40 8.86 8.40 - - -

Annual Metrics And Ratios for Patterson-UTI Energy

This table displays calculated financial ratios and metrics derived from Patterson-UTI Energy's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics
- - - - - - - - - -
Revenue Growth
29.70% 56.61% 95.09% 20.71% -54.50% 0.00% 0.00% 157.32% -51.57% -40.57%
EBITDA Growth
-74.09% 56.90% 304.14% 177.91% -140.41% -8.75% 21.21% -44.34% 92.34% -54.21%
EBIT Growth
-351.72% 70.32% 130.64% 23.95% -93.31% -43.48% -10.00% -237.65% 152.16% -243.73%
NOPAT Growth
-320.96% 44.97% 140.98% 24.04% -93.31% -43.27% -4,375.95% -237.85% 152.14% -257.29%
Net Income Growth
-492.92% 59.03% 123.63% 18.56% -88.79% -32.44% -5,538.60% 101.85% -8.20% -281.04%
EPS Growth
-377.27% 25.71% 120.83% 21.31% -103.33% -42.86% -5,000.00% 101.38% -9.00% -280.18%
Operating Cash Flow Growth
16.86% 77.66% 492.89% -65.75% -59.95% -4.72% 142.98% -1.42% -69.48% 37.15%
Free Cash Flow Firm Growth
124.24% -1,893.22% 242.61% -140.83% -28.28% 113.84% 110.12% -446.07% 140.29% 156.49%
Invested Capital Growth
-23.95% 148.64% 0.62% -12.94% -25.74% -17.21% -8.88% 70.93% -14.76% -14.28%
Revenue Q/Q Growth
-7.28% 23.75% 13.85% 22.11% -19.45% 0.00% 0.00% 29.76% -44.79% 4.91%
EBITDA Q/Q Growth
-37.30% 16.00% 37.93% 12.36% -44.60% 21.36% -23.97% -51.54% 227.93% -28.97%
EBIT Q/Q Growth
-19.14% -1.60% 176.85% -54.02% -4.87% 21.73% -143.04% -202.68% 150.57% -82.20%
NOPAT Q/Q Growth
-19.16% -10.47% 204.19% -53.63% -4.87% 64.32% -307.96% -141.77% 150.55% -82.22%
Net Income Q/Q Growth
-13.29% -13.43% 150.33% -63.94% -2.63% 21.32% -527.25% 102.21% -6.51% -65.21%
EPS Q/Q Growth
-5.17% -32.82% 145.16% -57.01% -4.15% 19.54% -394.00% 101.92% -7.39% -63.93%
Operating Cash Flow Q/Q Growth
-10.42% 17.48% 84.34% 102.45% -29.52% -15.69% 11.01% 63.79% -31.62% 3.20%
Free Cash Flow Firm Q/Q Growth
-5.22% 1.50% 192.33% -432.48% -16.39% 6,176.45% 179.30% -142.38% 182.10% 477.24%
Invested Capital Q/Q Growth
-4.80% -2.78% -3.51% -3.78% -3.25% -3.26% -6.03% 11.83% -3.05% -3.53%
Profitability Metrics
- - - - - - - - - -
Gross Margin
27.11% 32.20% 30.26% 20.38% 28.17% 27.98% 0.00% 27.12% 29.16% 35.45%
EBITDA Margin
5.23% 26.17% 26.13% 12.61% -19.54% 22.00% 0.00% 20.86% 96.41% 24.27%
Operating Margin
-16.54% 8.49% 7.97% -49.94% -79.36% -18.68% 0.00% -12.41% 23.17% -21.52%
EBIT Margin
-16.56% 8.53% 7.85% -49.96% -79.30% -18.67% 0.00% -12.40% 23.18% -21.52%
Profit (Net Income) Margin
-17.97% 5.93% 5.84% -48.23% -71.49% -17.23% 0.00% 0.25% -34.79% -15.57%
Tax Burden Percent
100.99% 80.09% 92.13% 90.94% 86.32% 80.26% 87.48% -1.80% 64.22% 66.56%
Interest Burden Percent
107.44% 86.79% 80.80% 106.16% 104.43% 115.00% 114.31% 112.19% -233.75% 108.73%
Effective Tax Rate
0.00% 19.91% 7.87% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Return on Invested Capital (ROIC)
-12.06% 6.85% 8.27% -18.84% -19.77% -8.07% 0.00% -5.38% 4.86% -7.97%
ROIC Less NNEP Spread (ROIC-NNEP)
-45.92% 2.72% 2.70% -44.36% -44.16% -20.38% 0.00% 25.00% -66.95% -9.12%
Return on Net Nonoperating Assets (RNNOA)
-11.23% 0.73% 1.18% -17.27% -13.37% -5.36% 0.00% 5.57% -18.11% -2.80%
Return on Equity (ROE)
-23.30% 7.58% 9.44% -36.11% -33.14% -13.43% -8.59% 0.19% -13.25% -10.77%
Cash Return on Invested Capital (CROIC)
15.14% -78.41% 7.65% -5.01% 9.77% 10.76% 4.38% -57.73% 20.80% 7.40%
Operating Return on Assets (OROA)
-13.44% 6.70% 6.81% -21.67% -23.04% -9.31% 0.00% -6.13% 5.11% -8.20%
Return on Assets (ROA)
-14.58% 4.66% 5.07% -20.92% -20.77% -8.59% 0.00% 0.12% -7.68% -5.94%
Return on Common Equity (ROCE)
-23.24% 7.57% 9.44% -36.11% -33.14% -13.43% -8.59% 0.19% -13.25% -10.77%
Return on Equity Simple (ROE_SIMPLE)
-27.88% 5.11% 9.29% -40.67% -39.86% -15.02% -9.17% 0.15% -14.17% -11.50%
Net Operating Profit after Tax (NOPAT)
-623 282 194 -474 -625 -323 -226 -205 149 -285
NOPAT Margin
-11.58% 6.80% 7.34% -34.96% -55.56% -13.08% 0.00% -8.69% 16.22% -15.06%
Net Nonoperating Expense Percent (NNEP)
33.86% 4.13% 5.57% 25.52% 24.39% 12.31% 11.29% -30.37% 71.81% 1.14%
Return On Investment Capital (ROIC_SIMPLE)
-13.25% 4.65% 7.79% - - - - - - -
Cost of Revenue to Revenue
72.89% 67.80% 69.74% 79.62% 71.83% 72.02% 0.00% 72.88% 70.84% 64.55%
SG&A Expenses to Revenue
4.99% 4.10% 4.40% 6.81% 8.68% 5.40% 0.00% 4.49% 7.56% 4.57%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
43.66% 23.71% 22.28% 70.33% 107.54% 46.66% 0.00% 39.53% 5.99% 56.97%
Earnings before Interest and Taxes (EBIT)
-891 354 208 -678 -892 -461 -321 -292 212 -407
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
281 1,085 692 171 -220 544 596 491 883 459
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
0.93 0.91 2.07 1.07 0.46 0.66 0.62 1.15 1.58 0.77
Price to Tangible Book Value (P/TBV)
1.57 1.83 2.08 1.08 0.47 0.79 0.72 1.39 1.65 0.80
Price to Revenue (P/Rev)
0.60 1.05 1.30 1.27 0.82 0.76 0.00 1.95 3.89 1.04
Price to Earnings (P/E)
0.00 17.71 22.27 0.00 0.00 0.00 0.00 776.84 10.19 0.00
Dividend Yield
3.87% 3.06% 1.26% 1.00% 2.02% 1.66% 1.40% 0.39% 0.67% 2.99%
Earnings Yield
0.00% 5.65% 4.49% 0.00% 0.00% 0.00% 0.00% 0.13% 9.82% 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.95 0.92 1.75 1.05 0.60 0.74 0.70 1.13 1.47 0.82
Enterprise Value to Revenue (EV/Rev)
0.78 1.31 1.56 1.81 1.43 1.08 0.00 2.30 4.51 1.43
Enterprise Value to EBITDA (EV/EBITDA)
14.99 4.99 5.98 14.37 0.00 4.91 5.13 11.02 4.67 5.89
Enterprise Value to EBIT (EV/EBIT)
0.00 15.30 19.91 0.00 0.00 0.00 0.00 0.00 19.44 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 19.21 21.28 0.00 0.00 0.00 0.00 0.00 27.78 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
3.59 5.38 7.31 25.76 5.75 3.83 4.18 18.01 13.53 2.71
Enterprise Value to Free Cash Flow (EV/FCFF)
5.39 0.00 23.01 0.00 5.19 6.20 15.17 0.00 6.49 10.23
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.35 0.26 0.50 0.53 0.45 0.34 0.32 0.22 0.27 0.33
Long-Term Debt to Equity
0.35 0.25 0.50 0.53 0.45 0.34 0.32 0.22 0.27 0.31
Financial Leverage
0.24 0.27 0.44 0.39 0.30 0.26 0.23 0.22 0.27 0.31
Leverage Ratio
1.60 1.63 1.86 1.73 1.60 1.56 1.50 1.53 1.73 1.82
Compound Leverage Factor
1.72 1.41 1.51 1.83 1.67 1.80 1.71 1.72 -4.03 1.97
Debt to Total Capital
26.08% 20.42% 33.28% 34.62% 30.90% 25.43% 24.20% 17.87% 21.02% 24.94%
Short-Term Debt to Total Capital
0.14% 0.20% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.85%
Long-Term Debt to Total Capital
25.94% 20.22% 33.28% 34.62% 30.90% 25.43% 24.20% 17.87% 21.02% 23.09%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.21% 0.14% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
73.71% 79.44% 66.72% 65.38% 69.10% 74.57% 75.80% 82.13% 78.98% 75.06%
Debt to EBITDA
4.36 1.14 1.20 4.98 -4.10 1.78 1.88 1.76 0.68 1.85
Net Debt to EBITDA
3.50 0.96 1.00 4.29 -3.08 1.46 1.47 1.68 0.64 1.61
Long-Term Debt to EBITDA
4.34 1.13 1.20 4.98 -4.10 1.78 1.88 1.76 0.68 1.72
Debt to NOPAT
-1.97 4.39 4.27 -1.80 -1.44 -2.99 -4.96 -4.23 4.03 -2.99
Net Debt to NOPAT
-1.58 3.71 3.57 -1.55 -1.08 -2.45 -3.88 -4.02 3.79 -2.59
Long-Term Debt to NOPAT
-1.96 4.35 4.27 -1.80 -1.44 -2.99 -4.96 -4.23 4.03 -2.77
Altman Z-Score
1.08 1.80 2.53 0.44 0.16 1.39 1.01 2.35 2.61 1.53
Noncontrolling Interest Sharing Ratio
0.22% 0.13% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
1.54 1.41 1.51 1.34 1.75 1.58 1.81 1.37 0.93 1.58
Quick Ratio
1.19 1.11 1.28 1.09 1.41 1.28 1.53 1.14 0.69 1.08
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
782 -3,224 180 -126 309 431 201 -2,199 635 264
Operating Cash Flow to CapEx
180.14% 170.72% 137.85% 57.42% 191.68% 200.34% 113.91% 53.03% 311.55% 138.24%
Free Cash Flow to Firm to Interest Expense
10.86 -60.99 4.47 -3.00 7.57 5.72 3.90 -58.69 0.00 7.25
Operating Cash Flow to Interest Expense
16.34 19.03 14.06 2.27 6.84 9.26 14.17 8.03 0.00 27.40
Operating Cash Flow Less CapEx to Interest Expense
7.27 7.88 3.86 -1.69 3.27 4.64 1.73 -7.11 0.00 7.58
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
0.81 0.79 0.87 0.43 0.29 0.50 0.00 0.49 0.22 0.38
Accounts Receivable Turnover
6.20 5.40 5.75 5.26 4.50 5.50 0.00 6.47 4.98 4.28
Inventory Turnover
22.54 22.84 34.28 28.64 23.26 34.91 0.00 38.44 37.17 51.99
Fixed Asset Turnover
1.69 1.48 1.15 0.53 0.37 0.68 0.00 0.62 0.25 0.47
Accounts Payable Turnover
8.20 7.29 8.64 7.68 6.18 7.75 0.00 7.71 6.23 5.25
Days Sales Outstanding (DSO)
58.87 67.63 63.53 69.43 81.15 66.37 0.00 56.41 73.28 85.21
Days Inventory Outstanding (DIO)
16.19 15.98 10.65 12.74 15.69 10.45 0.00 9.49 9.82 7.02
Days Payable Outstanding (DPO)
44.50 50.08 42.23 47.51 59.10 47.12 0.00 47.31 58.63 69.54
Cash Conversion Cycle (CCC)
30.57 33.53 31.95 34.67 37.75 29.70 0.00 18.59 24.47 22.69
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
4,461 5,865 2,359 2,344 2,693 3,626 4,380 4,806 2,812 3,299
Invested Capital Turnover
1.04 1.01 1.13 0.54 0.36 0.62 0.00 0.62 0.30 0.53
Increase / (Decrease) in Invested Capital
-1,404 3,506 15 -348 -933 -754 -427 1,994 -487 -549
Enterprise Value (EV)
4,216 5,415 4,137 2,460 1,603 2,670 3,054 5,415 4,126 2,705
Market Capitalization
3,221 4,363 3,444 1,725 926 1,877 2,180 4,591 3,563 1,967
Book Value per Share
$8.89 $11.53 $7.68 $7.48 $10.75 $14.57 $16.03 $17.90 $15.18 $17.40
Tangible Book Value per Share
$5.25 $5.71 $7.65 $7.45 $10.59 $12.28 $13.85 $14.81 $14.58 $16.77
Total Capital
4,702 6,058 2,496 2,462 2,918 3,800 4,625 4,849 2,847 3,412
Total Debt
1,226 1,237 831 852 901 967 1,119 867 598 851
Total Long-Term Debt
1,220 1,225 831 852 901 967 1,119 867 598 788
Net Debt
985 1,044 693 735 677 792 874 824 563 738
Capital Expenditures (CapEx)
653 589 411 166 145 348 641 567 98 723
Debt-free, Cash-free Net Working Capital (DFCFNWC)
218 255 141 30 -21 57 179 158 -53 129
Debt-free Net Working Capital (DFNWC)
460 447 278 148 204 231 424 201 -18 242
Net Working Capital (NWC)
453 435 278 148 204 231 424 201 -18 179
Net Nonoperating Expense (NNE)
344 36 40 180 179 103 96 -211 467 9.61
Net Nonoperating Obligations (NNO)
985 1,044 693 735 677 792 874 824 563 738
Total Depreciation and Amortization (D&A)
1,172 731 484 849 672 1,005 917 784 671 866
Debt-free, Cash-free Net Working Capital to Revenue
4.06% 6.15% 5.32% 2.23% -1.84% 2.31% 0.00% 6.69% -5.80% 6.81%
Debt-free Net Working Capital to Revenue
8.55% 10.79% 10.52% 10.89% 18.17% 9.36% 0.00% 8.51% -1.96% 12.80%
Net Working Capital to Revenue
8.43% 10.50% 10.52% 10.89% 18.17% 9.36% 0.00% 8.51% -1.96% 9.46%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
($2.44) $0.88 $0.00 ($3.36) ($4.27) ($2.10) ($1.47) $0.03 ($2.18) ($2.00)
Adjusted Weighted Average Basic Shares Outstanding
397.20M 279.50M 0.00 195.02M 188.01M 203.04M 218.64M 198.45M 146.18M 145.42M
Adjusted Diluted Earnings per Share
($2.44) $0.88 $0.00 ($3.36) ($4.27) ($2.10) ($1.47) $0.03 ($2.18) ($2.00)
Adjusted Weighted Average Diluted Shares Outstanding
397.20M 280.06M 0.00 195.02M 188.01M 203.04M 218.64M 199.88M 146.18M 145.42M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
386.39M 408.19M 0.00 215.27M 187.74M 192.15M 0.00 222.29M 166.33M 147.18M
Normalized Net Operating Profit after Tax (NOPAT)
20 360 196 -466 -321 -311 -76 -153 149 -198
Normalized NOPAT Margin
0.37% 8.69% 7.42% -34.34% -28.57% -12.57% 0.00% -6.48% 16.22% -10.45%
Pre Tax Income Margin
-17.79% 7.41% 6.34% -53.04% -82.81% -21.47% 0.00% -13.91% -54.18% -23.39%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
-12.38 6.69 5.16 -16.15 -21.87 -6.13 -6.23 -7.80 0.00 -11.16
NOPAT to Interest Expense
-8.65 5.33 4.83 -11.30 -15.32 -4.30 -4.37 -5.46 0.00 -7.81
EBIT Less CapEx to Interest Expense
-21.45 -4.45 -5.04 -20.11 -25.44 -10.75 -18.67 -22.93 0.00 -30.98
NOPAT Less CapEx to Interest Expense
-17.72 -5.81 -5.37 -15.26 -18.89 -8.92 -16.81 -20.60 0.00 -27.63
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
-13.12% 40.67% 27.87% -2.38% -2.35% -7.62% -9.52% 276.06% -7.40% -19.96%
Augmented Payout Ratio
-43.17% 122.28% 73.17% -3.35% -4.98% -67.63% -59.84% 391.27% -8.53% -22.68%

Quarterly Metrics And Ratios for Patterson-UTI Energy

This table displays calculated financial ratios and metrics derived from Patterson-UTI Energy's official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-15.22% -26.65% 34.19% 77.65% 90.75% 100.93% 39.03% 21.96% 55.45% 69.02% 103.28%
EBITDA Growth
-30.88% -42.98% -398.31% 33.96% 41.93% 62.52% 5.08% 50.34% 155.53% 386.01% 283.64%
EBIT Growth
-78.47% -129.59% -11,010.69% -57.48% -31.07% -4.96% -87.82% 211.59% 836.74% 132.10% 182.86%
NOPAT Growth
-87.00% -129.57% -10,308.46% -80.13% -40.11% -31.23% -90.78% 164.58% 892.56% 142.71% 216.98%
Net Income Growth
-97.51% -182.97% -351,818.71% -86.27% -48.13% -38.12% -100.45% 286.61% 446.38% 127.66% 174.04%
EPS Growth
-100.00% -600.00% 0.00% -92.50% -71.74% -95.56% -100.00% 300.00% 453.85% 125.00% 163.64%
Operating Cash Flow Growth
-43.11% -30.22% 89.84% 21.29% 56.13% 49.41% -12.43% 217.19% 595.93% 590.10% 2,308.19%
Free Cash Flow Firm Growth
140.70% 140.28% 118.26% -2,644.72% -2,410.45% -3,780.67% -5,562.00% 42.16% -28.09% -2.64% -76.89%
Invested Capital Growth
-23.76% -23.95% -22.33% 140.99% 148.73% 148.64% 146.78% -1.72% -1.81% 0.62% 0.33%
Revenue Q/Q Growth
10.19% -14.37% 0.67% -10.74% -4.67% 56.64% 33.28% -4.16% 0.42% 8.38% 16.92%
EBITDA Q/Q Growth
13.00% 135.99% -296.96% -13.70% -6.78% 88.27% -11.55% -8.57% 6.74% 21.74% 26.54%
EBIT Q/Q Growth
157.89% 96.70% -2,281.08% -48.26% -20.44% 1,115.19% -91.50% -16.12% 9.70% 55.79% 117.34%
NOPAT Q/Q Growth
137.19% 96.84% -3,979.66% -71.51% -15.43% 992.04% -92.45% -14.13% -2.89% 46.35% 116.80%
Net Income Q/Q Growth
102.51% 94.75% -8,518.67% -77.52% -16.52% 22,379.86% -100.33% -15.11% -0.42% 62.89% 180.78%
EPS Q/Q Growth
100.00% 96.00% -8,433.33% -76.92% 550.00% 0.00% -100.00% -13.04% 2.22% 60.71% 180.00%
Operating Cash Flow Q/Q Growth
-34.10% 6.60% 50.00% -46.02% -19.16% 190.01% -4.16% -30.51% -22.64% 69.97% 247.14%
Free Cash Flow Firm Q/Q Growth
0.52% 111.42% 119.49% 1.74% 0.52% 4.17% -2,816.41% -10.78% 58.48% 42.21% -29.30%
Invested Capital Q/Q Growth
-0.61% -4.80% -18.73% -0.86% -0.85% -2.78% 152.18% 2.32% -0.89% -3.51% 0.43%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
24.92% 26.52% 25.39% 27.99% 28.34% 29.36% 31.64% 35.68% 35.25% 34.58% 31.19%
EBITDA Margin
19.58% 19.10% -45.44% 23.22% 24.02% 24.57% 20.44% 30.80% 32.28% 30.37% 27.04%
Operating Margin
1.32% -2.70% -72.99% 3.35% 5.76% 7.05% 0.96% 13.78% 15.91% 14.81% 10.49%
EBIT Margin
1.48% -2.81% -73.04% 3.37% 5.82% 6.97% 0.90% 14.09% 16.10% 14.73% 10.25%
Profit (Net Income) Margin
0.10% -4.42% -72.08% 0.86% 3.42% 3.91% -0.03% 11.15% 12.59% 12.70% 8.45%
Tax Burden Percent
48.13% 103.90% 97.00% 39.52% 72.11% 66.41% 6.31% 86.01% 83.16% 92.35% 96.54%
Interest Burden Percent
14.17% 151.42% 101.74% 64.70% 81.62% 84.47% -48.51% 92.02% 94.05% 93.30% 85.36%
Effective Tax Rate
51.87% 0.00% 0.00% 60.48% 27.89% 33.59% 0.00% 13.99% 16.84% 7.65% 3.46%
Return on Invested Capital (ROIC)
0.64% -1.97% -55.30% 1.77% 4.96% 4.72% 0.53% 15.06% 16.43% 15.40% 9.65%
ROIC Less NNEP Spread (ROIC-NNEP)
-0.03% -4.87% -80.21% 1.09% 3.68% 3.31% -0.18% 14.36% 15.74% 14.31% 8.04%
Return on Net Nonoperating Assets (RNNOA)
-0.01% -1.19% -21.75% 0.31% 0.99% 0.89% -0.06% 6.67% 7.12% 6.24% 3.64%
Return on Equity (ROE)
0.63% -3.16% -77.05% 2.09% 5.95% 5.61% 0.48% 21.73% 23.54% 21.64% 13.30%
Cash Return on Invested Capital (CROIC)
13.85% 15.14% 15.39% -78.60% -79.43% -78.41% -77.23% 17.29% 15.36% 7.65% -7.98%
Operating Return on Assets (OROA)
1.17% -2.28% -63.31% 3.63% 5.48% 5.47% 0.58% 14.22% 15.77% 12.79% 7.87%
Return on Assets (ROA)
0.08% -3.59% -62.48% 0.93% 3.23% 3.07% -0.02% 11.25% 12.33% 11.02% 6.48%
Return on Common Equity (ROCE)
0.63% -3.15% -76.88% 2.08% 5.94% 5.60% 0.47% 21.73% 23.54% 21.64% 13.30%
Return on Equity Simple (ROE_SIMPLE)
-29.67% 0.00% -23.95% 2.72% 4.17% 0.00% 5.86% 20.11% 16.92% 0.00% -18.80%
Net Operating Profit after Tax (NOPAT)
8.16 -22 -693 18 63 74 6.79 90 105 108 74
NOPAT Margin
0.64% -1.89% -51.09% 1.33% 4.15% 4.68% 0.67% 11.85% 13.23% 13.68% 10.13%
Net Nonoperating Expense Percent (NNEP)
0.67% 2.90% 24.92% 0.68% 1.28% 1.41% 0.71% 0.70% 0.69% 1.09% 1.61%
Return On Investment Capital (ROIC_SIMPLE)
0.18% -0.47% - - - 1.22% - - - 4.32% -
Cost of Revenue to Revenue
75.08% 73.48% 74.61% 72.01% 71.66% 70.64% 68.36% 64.32% 64.75% 65.42% 68.81%
SG&A Expenses to Revenue
5.23% 6.29% 4.84% 4.79% 4.30% 3.85% 4.46% 4.38% 3.86% 4.39% 3.91%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
23.60% 29.21% 98.38% 24.63% 22.58% 22.31% 30.68% 21.90% 19.35% 19.77% 20.69%
Earnings before Interest and Taxes (EBIT)
19 -33 -991 45 88 110 9.09 107 127 116 75
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
251 222 -617 313 363 389 207 234 256 239 197
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
0.93 0.93 0.84 0.90 1.04 0.91 0.58 1.41 1.44 2.07 1.48
Price to Tangible Book Value (P/TBV)
1.56 1.57 1.42 1.87 2.11 1.83 1.16 1.42 1.45 2.08 1.49
Price to Revenue (P/Rev)
0.62 0.60 0.52 0.76 1.02 1.05 0.83 0.79 0.82 1.30 1.04
Price to Earnings (P/E)
0.00 0.00 0.00 33.48 25.00 17.71 9.82 7.02 8.53 22.27 0.00
Dividend Yield
3.89% 3.87% 4.18% 3.09% 2.70% 3.06% 2.38% 2.40% 2.12% 1.26% 1.25%
Earnings Yield
0.00% 0.00% 0.00% 2.99% 4.00% 5.65% 10.18% 14.25% 11.72% 4.49% 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.94 0.95 0.88 0.92 1.03 0.92 0.66 1.30 1.32 1.75 1.32
Enterprise Value to Revenue (EV/Rev)
0.81 0.78 0.71 0.98 1.24 1.31 1.19 1.01 1.05 1.56 1.39
Enterprise Value to EBITDA (EV/EBITDA)
24.73 14.99 9.21 4.19 5.05 4.99 4.25 3.35 3.63 5.98 6.44
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 21.08 19.15 15.30 11.06 7.29 8.74 19.91 0.00
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 31.93 25.15 19.21 12.63 8.26 9.65 21.28 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
4.11 3.59 3.15 4.55 5.29 5.38 4.64 3.53 4.02 7.31 10.52
Enterprise Value to Free Cash Flow (EV/FCFF)
5.89 5.39 5.01 0.00 0.00 0.00 0.00 7.43 8.50 23.01 0.00
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.36 0.35 0.34 0.27 0.26 0.26 0.26 0.48 0.49 0.50 0.52
Long-Term Debt to Equity
0.36 0.35 0.34 0.26 0.26 0.25 0.25 0.48 0.49 0.50 0.52
Financial Leverage
0.25 0.24 0.27 0.29 0.27 0.27 0.31 0.46 0.45 0.44 0.45
Leverage Ratio
1.59 1.60 1.59 1.60 1.61 1.63 1.61 1.84 1.84 1.86 1.80
Compound Leverage Factor
0.22 2.42 1.62 1.04 1.31 1.38 -0.78 1.70 1.73 1.74 1.54
Debt to Total Capital
26.26% 26.08% 25.60% 21.09% 20.61% 20.42% 20.33% 32.35% 32.95% 33.28% 34.29%
Short-Term Debt to Total Capital
0.07% 0.14% 0.20% 0.22% 0.21% 0.20% 0.20% 0.00% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
26.19% 25.94% 25.40% 20.88% 20.40% 20.22% 20.14% 32.35% 32.95% 33.28% 34.29%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.18% 0.21% 0.20% 0.16% 0.15% 0.14% 0.14% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
73.56% 73.71% 74.20% 78.75% 79.24% 79.44% 79.53% 67.65% 67.05% 66.72% 65.71%
Debt to EBITDA
7.23 4.36 2.74 0.97 1.03 1.14 1.33 0.89 0.97 1.20 1.70
Net Debt to EBITDA
5.90 3.50 2.48 0.91 0.89 0.96 1.25 0.73 0.78 1.00 1.62
Long-Term Debt to EBITDA
7.21 4.34 2.72 0.96 1.02 1.13 1.31 0.89 0.97 1.20 1.70
Debt to NOPAT
-1.82 -1.97 -2.35 7.38 5.15 4.39 3.94 2.19 2.58 4.27 -4.57
Net Debt to NOPAT
-1.49 -1.58 -2.13 6.93 4.44 3.71 3.73 1.79 2.08 3.57 -4.34
Long-Term Debt to NOPAT
-1.82 -1.96 -2.33 7.31 5.10 4.35 3.90 2.19 2.58 4.27 -4.57
Altman Z-Score
1.57 1.57 1.04 1.92 2.00 1.70 1.18 2.30 2.22 2.43 1.90
Noncontrolling Interest Sharing Ratio
0.21% 0.22% 0.22% 0.15% 0.14% 0.13% 0.13% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
1.61 1.54 1.52 1.50 1.48 1.41 1.37 1.76 1.60 1.51 1.55
Quick Ratio
1.25 1.19 1.14 1.11 1.14 1.11 1.04 1.41 1.34 1.28 1.28
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
1,390 1,383 654 -3,355 -3,414 -3,432 -3,581 132 148 93 66
Operating Cash Flow to CapEx
132.16% 244.45% 169.09% 159.84% 162.94% 228.18% 105.00% 129.39% 201.44% 266.97% 146.82%
Free Cash Flow to Firm to Interest Expense
78.53 78.00 36.35 -187.30 -186.22 -183.72 -229.21 13.54 16.74 11.57 5.97
Operating Cash Flow to Interest Expense
11.76 17.82 16.47 11.03 19.96 24.23 9.99 16.72 26.55 37.60 16.24
Operating Cash Flow Less CapEx to Interest Expense
2.86 10.53 6.73 4.13 7.71 13.61 0.48 3.80 13.37 23.51 5.18
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.79 0.81 0.87 1.08 0.94 0.79 0.64 1.01 0.98 0.87 0.77
Accounts Receivable Turnover
6.15 6.20 6.19 8.03 7.12 5.40 4.31 6.36 6.73 5.75 5.74
Inventory Turnover
21.68 22.54 23.30 32.15 27.22 22.84 18.27 33.19 35.74 34.28 37.90
Fixed Asset Turnover
1.65 1.69 1.79 1.98 1.75 1.48 1.18 1.35 1.29 1.15 0.99
Accounts Payable Turnover
7.19 8.20 7.80 10.71 8.29 7.29 5.24 8.10 8.26 8.64 7.95
Days Sales Outstanding (DSO)
59.31 58.87 58.96 45.44 51.24 67.63 84.78 57.38 54.23 63.53 63.53
Days Inventory Outstanding (DIO)
16.84 16.19 15.66 11.35 13.41 15.98 19.98 11.00 10.21 10.65 9.63
Days Payable Outstanding (DPO)
50.80 44.50 46.79 34.10 44.05 50.08 69.72 45.08 44.17 42.23 45.89
Cash Conversion Cycle (CCC)
25.35 30.57 27.84 22.70 20.59 33.53 35.04 23.30 20.27 31.95 27.27
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
4,434 4,461 4,685 5,765 5,815 5,865 6,033 2,392 2,338 2,359 2,445
Invested Capital Turnover
1.00 1.04 1.08 1.34 1.19 1.01 0.79 1.27 1.24 1.13 0.95
Increase / (Decrease) in Invested Capital
-1,382 -1,404 -1,347 3,373 3,477 3,506 3,588 -42 -43 15 8.13
Enterprise Value (EV)
4,183 4,216 4,130 5,328 6,018 5,415 3,976 3,100 3,081 4,137 3,232
Market Capitalization
3,176 3,221 3,007 4,162 4,946 4,363 2,794 2,428 2,416 3,444 2,422
Book Value per Share
$8.87 $8.89 $9.06 $11.45 $11.62 $11.53 $23.32 $8.26 $7.83 $7.68 $7.54
Tangible Book Value per Share
$5.28 $5.25 $5.37 $5.55 $5.73 $5.71 $11.55 $8.24 $7.80 $7.65 $7.51
Total Capital
4,659 4,702 4,801 5,840 5,985 6,058 6,100 2,543 2,495 2,496 2,487
Total Debt
1,223 1,226 1,229 1,232 1,233 1,237 1,240 822 822 831 853
Total Long-Term Debt
1,220 1,220 1,219 1,219 1,221 1,225 1,228 822 822 831 853
Net Debt
998 985 1,113 1,157 1,063 1,044 1,173 672 665 693 810
Capital Expenditures (CapEx)
157 129 175 124 225 198 149 126 116 113 121
Debt-free, Cash-free Net Working Capital (DFCFNWC)
277 218 338 366 280 255 332 197 136 141 210
Debt-free Net Working Capital (DFNWC)
502 460 453 441 450 447 399 347 293 278 253
Net Working Capital (NWC)
499 453 444 428 438 435 387 347 293 278 253
Net Nonoperating Expense (NNE)
6.87 29 285 6.25 11 12 7.07 5.34 5.07 7.77 12
Net Nonoperating Obligations (NNO)
998 985 1,113 1,157 1,063 1,044 1,173 672 665 693 810
Total Depreciation and Amortization (D&A)
232 255 375 268 275 279 198 127 128 123 122
Debt-free, Cash-free Net Working Capital to Revenue
5.38% 4.06% 5.83% 6.71% 5.75% 6.15% 9.91% 6.41% 4.65% 5.32% 9.04%
Debt-free Net Working Capital to Revenue
9.76% 8.55% 7.82% 8.08% 9.25% 10.79% 11.91% 11.32% 10.02% 10.52% 10.88%
Net Working Capital to Revenue
9.70% 8.43% 7.65% 7.85% 9.00% 10.50% 11.55% 11.32% 10.02% 10.52% 10.88%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.00 ($0.10) ($2.50) $0.03 $0.13 $0.00 $0.00 $0.41 $0.47 $0.47 $0.28
Adjusted Weighted Average Basic Shares Outstanding
386.52M 397.20M 391.73M 399.56M 408.18M 279.50M 280.22M 207.84M 212.09M 215.94M 216.82M
Adjusted Diluted Earnings per Share
$0.00 ($0.10) ($2.50) $0.03 $0.13 $0.02 $0.00 $0.40 $0.46 $0.45 $0.28
Adjusted Weighted Average Diluted Shares Outstanding
387.04M 397.20M 391.73M 399.56M 409.82M 280.06M 281.98M 208.98M 215.87M 219.50M 220.45M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
385.99M 386.39M 389.96M 393.05M 401.70M 408.19M 417.28M 207.99M 208.25M 213.66M 216.82M
Normalized Net Operating Profit after Tax (NOPAT)
12 -20 -69 39 72 87 56 97 105 108 74
Normalized NOPAT Margin
0.95% -1.68% -5.09% 2.90% 4.74% 5.52% 5.53% 12.75% 13.23% 13.68% 10.13%
Pre Tax Income Margin
0.21% -4.26% -74.31% 2.18% 4.75% 5.89% -0.44% 12.96% 15.14% 13.75% 8.75%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
1.07 -1.84 -55.11 2.54 4.79 5.91 0.58 10.98 14.44 14.42 6.79
NOPAT to Interest Expense
0.46 -1.24 -38.55 1.00 3.42 3.97 0.43 9.24 11.87 13.39 6.72
EBIT Less CapEx to Interest Expense
-7.83 -9.13 -64.85 -4.36 -7.46 -4.71 -8.93 -1.95 1.26 0.34 -4.27
NOPAT Less CapEx to Interest Expense
-8.44 -8.53 -48.29 -5.90 -8.83 -6.65 -9.08 -3.69 -1.31 -0.70 -4.35
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
-12.30% -13.12% -15.11% 104.73% 58.43% 40.67% 29.53% 17.16% 18.16% 27.87% -9.84%
Augmented Payout Ratio
-33.25% -43.17% -55.71% 368.75% 172.03% 122.28% 93.39% 62.87% 68.89% 73.17% -14.93%

Frequently Asked Questions About Patterson-UTI Energy's Financials

When does Patterson-UTI Energy's fiscal year end?

According to the most recent income statement we have on file, Patterson-UTI Energy's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Patterson-UTI Energy's net income changed over the last 8 years?

Patterson-UTI Energy's net income appears to be on an upward trend, with a most recent value of -$966.40 million in 2024, rising from -$294.49 million in 2015. The previous period was $245.95 million in 2023. See Patterson-UTI Energy's forecast for analyst expectations on what’s next for the company.

What is Patterson-UTI Energy's operating income?
Patterson-UTI Energy's total operating income in 2024 was -$889.74 million, based on the following breakdown:
  • Total Gross Profit: $1.46 billion
  • Total Operating Expenses: $2.35 billion
How has Patterson-UTI Energy revenue changed over the last 8 years?

Over the last 8 years, Patterson-UTI Energy's total revenue changed from $1.89 billion in 2015 to $5.38 billion in 2024, a change of 184.4%.

How much debt does Patterson-UTI Energy have?

Patterson-UTI Energy's total liabilities were at $2.36 billion at the end of 2024, a 9.3% decrease from 2023, and a 19.8% increase since 2015.

How much cash does Patterson-UTI Energy have?

In the past 9 years, Patterson-UTI Energy's cash and equivalents has ranged from $35.15 million in 2016 to $245.03 million in 2018, and is currently $241.29 million as of their latest financial filing in 2024.

How has Patterson-UTI Energy's book value per share changed over the last 9 years?

Over the last 9 years, Patterson-UTI Energy's book value per share changed from 17.40 in 2015 to 8.89 in 2024, a change of -48.9%.



This page (NASDAQ:PTEN) was last updated on 5/28/2025 by MarketBeat.com Staff
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