Patterson-UTI Energy
PTEN
11.23
-0.18
-1.58%
Patterson-UTI Energy
US · PTEN
#2207 by market cap
Listed 1970
11.23
-0.18
-1.58%
Live - 5344 symbols - heartbeat 471s ago
· 2026-10-08 07:33
Pre-market
11.47
+2.17%
After-hours
11.23
0.00%
- Market cap
- 4.28B
- P/E (TTM)i
- -46.79
- P/Bi
- 1.38
- EPSi
- -0.24
- Div yieldi
- 3.21%
- 52W posi
- 74%
Reader sentiment
Are you bullish or bearish on PTEN?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 1.74, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year -10.25% YoY
Margins
- Gross margin
- 4.76%
- Operating margin
- -0.82%
- Net margin
- -1.94%
Key ratios & quality
- Enterprise valuei
- 5.11B
- Altman Z-Scorei
- 1.74
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3.33B | 2.47B | 1.12B | 1.36B | 2.65B | 4.15B | 5.38B | 4.83B |
| Gross profit | 8.19M | -306.89M | -348.58M | -574.05M | 317.10M | 603.72M | 286.17M | 229.86M |
| Selling & admin expenses | 134.07M | 133.51M | 97.61M | 92.38M | 116.59M | 169.96M | 268.34M | 255.07M |
| Research & development | -- | -- | -- | -- | -- | -- | -- | -- |
| Operating profit | -108.31M | -443.78M | -458.86M | -665.69M | 213.10M | 450.03M | 28.54M | -39.81M |
| Pretax profit | -367.41M | -530.38M | -931.02M | -719.78M | 167.86M | 307.10M | -956.95M | -102.99M |
| Tax | -45.99M | -104.68M | -127.33M | -62.70M | 13.20M | 61.15M | 9.45M | -9.94M |
| Net profit | -321.42M | -425.70M | -803.69M | -654.55M | 154.66M | 245.95M | -966.40M | -93.05M |
| Basic EPS | -1 | -2 | -4 | -3 | 1 | 1 | -2 | 0 |
| Diluted EPS | -1.47 | -2.10 | -4.27 | -3.36 | 0.70 | 0.88 | -2.44 | -0.24 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 1.28B | 1.22B | 1.18B | 1.15B | 1.12B | 1.23B |
| Gross profit | 87.26M | 28.10M | 56.52M | 57.98M | 49.78M | 62.86M |
| Selling & admin expenses | 66.93M | 64.11M | 61.98M | 62.06M | 68.76M | 67.51M |
| Research & development | -- | -- | -- | -- | -- | -- |
| Operating profit | 16.95M | -29.49M | -27.96M | -229.00K | -14.32M | -6.96M |
| Pretax profit | 2.68M | -47.50M | -43.04M | -15.13M | -28.07M | -27.92M |
| Tax | 1.39M | 1.19M | -6.59M | -5.93M | -3.60M | -8.65M |
| Net profit | 1.29M | -48.70M | -36.45M | -9.20M | -24.48M | -19.28M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | 0.00 | -0.13 | -0.10 | -0.02 | -0.06 | -0.05 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 950.20M | 631.82M | 477.96M | 583.65M | 829.42M | 1.49B | 1.30B | 1.42B |
| Cash & ST investments | 245.03M | 174.19M | 224.92M | 117.52M | 137.55M | 190.11M | 239.18M | 418.51M |
| Inventory | 65.58M | 36.36M | 33.09M | 42.36M | 65.38M | 180.81M | 167.02M | 160.28M |
| Total assets | 5.47B | 4.44B | 3.30B | 2.96B | 3.14B | 7.42B | 5.83B | 5.57B |
| Total current liabilities | 526.32M | 400.60M | 273.72M | 435.85M | 550.97M | 1.05B | 841.99M | 863.64M |
| Short-term debt | -- | 9.94M | 7.10M | 6.89M | 5.12M | 69.75M | 34.92M | 26.37M |
| Long-term debt | 1.12B | 966.54M | 901.48M | 852.32M | 830.94M | 1.22B | 1.22B | 1.22B |
| Total liabilities | 1,964,443,000.00 | 1,605,995,000.00 | 1,283,010,000.00 | 1,348,361,000.00 | 1,478,300,000.00 | 2,599,350,000.00 | 2,357,622,000.00 | 2,345,751,000.00 |
| Total equity | 3.51B | 2.83B | 2.02B | 1.61B | 1.67B | 4.82B | 3.48B | 3.22B |
| Retained earnings | 1.75B | 1.29B | 472.01M | -198.32M | -87.39M | 57.04M | -1.04B | -1.26B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 1.32B | 1.24B | 1.28B | 1.42B | 1.32B | 1.37B |
| Cash & ST investments | 223.09M | 183.77M | 184.78M | 418.51M | 335.10M | 201.02M |
| Inventory | 167.77M | 163.69M | 155.93M | 160.28M | 150.59M | 140.75M |
| Total assets | 5.77B | 5.58B | 5.53B | 5.57B | 5.36B | 5.37B |
| Total current liabilities | 818.29M | 716.47M | 777.77M | 863.64M | 720.25M | 784.15M |
| Short-term debt | 30.65M | 28.31M | 32.63M | 26.37M | 21.50M | 22.64M |
| Long-term debt | 1.22B | 1.22B | 1.22B | 1.22B | 1.22B | 1.23B |
| Total liabilities | 2,330,021,000.00 | 2,226,947,000.00 | 2,278,025,000.00 | 2,345,751,000.00 | 2,194,816,000.00 | 2,266,143,000.00 |
| Total equity | 3.44B | 3.35B | 3.26B | 3.22B | 3.17B | 3.11B |
| Retained earnings | -1.07B | -1.15B | -1.22B | -1.26B | -1.32B | -1.38B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 730.67M | 696.20M | 278.86M | 95.50M | 566.19M | 1.01B | 1.18B | 961.22M |
| Depreciation & amortization | 916.32M | 1.00B | 670.91M | 849.18M | 483.95M | 731.42M | 1.17B | 940.26M |
| Free cash flow | 89.21M | 348.69M | 133.38M | -70.82M | 129.39M | 390.22M | 497.15M | 372.19M |
| Dividends paid | -30.59M | -32.43M | -18.86M | -15.61M | -43.10M | -100.03M | -126.79M | -122.45M |
| Stock buybacks / issuance | -161.74M | -255.47M | -21.18M | -6.33M | -70.07M | -200.71M | -290.43M | -69.64M |
| Ending cash balance | 245.03M | 174.19M | 224.92M | 117.52M | 137.55M | 192.68M | 241.29M | 420.64M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | 208.14M | 139.75M | 215.80M | 397.53M | 63.86M | 56.08M |
| Depreciation & amortization | 230.19M | 231.12M | 258.01M | 220.94M | 218.39M | 216.60M |
| Free cash flow | 46.31M | -4.46M | 71.32M | 259.01M | -52.77M | -99.84M |
| Dividends paid | -30.88M | -30.74M | -30.50M | -30.34M | -37.96M | -38.06M |
| Stock buybacks / issuance | -20.30M | -15.55M | -33.58M | -212.00K | -350.00K | -9.13M |
| Ending cash balance | 225.20M | 185.89M | 186.91M | 420.64M | 337.24M | 203.17M |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | -8.59 | -13.43 | -33.14 | -36.11 | 9.44 | 7.60 | -23.39 | -2.80 |
| ROA %i | -5.73 | -8.59 | -20.77 | -20.92 | 5.07 | 4.66 | -14.61 | -1.64 |
| ROIC %i | -5.94 | -8.74 | -22.70 | -22.70 | 7.64 | 6.54 | -16.77 | -0.78 |
| 5-year avg ROE %i | -5.33 | -9.15 | -13.65 | -18.22 | -16.36 | -13.13 | -15.12 | -9.05 |
| EBIT margin %i | -9.49 | -18.42 | -79.19 | -49.95 | 7.86 | 8.68 | -16.46 | -0.67 |
| FCF / sales %i | 2.68 | 14.11 | 11.86 | -- | 4.89 | 9.41 | 9.24 | 7.71 |
| Current ratioi | 1.81 | 1.58 | 1.75 | 1.34 | 1.51 | 1.41 | 1.54 | 1.64 |
| Quick ratioi | 1.54 | 1.30 | 1.42 | 1.09 | 1.36 | 1.16 | 1.26 | 1.38 |
| Debt / assetsi | 20.46 | 22.59 | 28.12 | 29.66 | 27.22 | 18.13 | 22.27 | 22.99 |
| LT debt / equityi | 31.93 | 35.05 | 45.66 | 54.08 | 51.07 | 26.51 | 36.48 | 38.96 |
| Interest coveragei | -6.12 | -6.05 | -21.84 | -16.15 | 5.17 | 6.81 | -12.30 | -0.46 |
| Revenue CAGR (3Y) %i | 20.72 | 39.21 | -21.86 | -25.84 | 2.33 | 54.50 | 58.25 | 22.16 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -29.60 | 23.47 | -- | -- | -28.14 | 43.02 | -- | 42.22 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | -24.93 | -27.16 | -4.00 | -2.80 | -3.62 | -2.79 |
| ROA %i | -15.68 | -17.12 | -2.37 | -1.64 | -2.14 | -1.64 |
| ROIC %i | -17.67 | -19.23 | -1.52 | -0.78 | -1.40 | -0.89 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | -18.54 | -20.56 | -1.38 | -0.67 | -1.36 | -0.88 |
| FCF / sales %i | 7.86 | 6.64 | 5.97 | 7.71 | 5.86 | 3.80 |
| Current ratioi | 1.61 | 1.73 | 1.64 | 1.64 | 1.84 | 1.75 |
| Quick ratioi | 1.32 | 1.41 | 1.34 | 1.38 | 1.55 | 1.48 |
| Debt / assetsi | 22.41 | 23.08 | 23.28 | 22.99 | 23.67 | 23.93 |
| LT debt / equityi | 36.81 | 37.66 | 38.65 | 38.96 | 39.48 | 40.74 |
| Interest coveragei | -13.38 | -14.52 | -0.95 | -0.46 | -0.90 | -0.56 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Lead segment, long tail
- Completion Services is the largest reported line at 61.37% of revenue, across 4 reported segments.
- Drilling Services follows at 30.42%, so the top line still matters most but isn’t the whole story.
Revenue breakdown most recent period
Business
Completion Services61.37%
Drilling Services30.42%
Drilling Products7.44%
Other0.77%
Quote time 2026-10-08 07:33:08 · For reference only, not investment advice and not tailored to your situation.