What is Patterson-UTI Energy Inc's earnings per share (EPS)?

Patterson-UTI Energy Inc (PTEN) reported diluted earnings per share of -$0.24 for fiscal year 2025. This represents a 90.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Patterson-UTI Energy Inc (PTEN) Financials

PTEN

Trailing 12 months to June 30, 2026

Revenue $4.7B -6.9% YoY

Net Income -$89.1M +91.7% YoY

EPS (Diluted) -$0.23 +91.7% YoY

Free Cash Flow $177.7M -46.6% YoY

Market Cap $4.3B as of Oct 3, 2026

Price / Sales 0.9x on $4.7B revenue, trailing 12 months to June 30, 2026

Price / Earnings n/m net loss, so no earnings multiple, trailing 12 months to June 30, 2026

Price / Book 1.4x on $3.1B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 4, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 4, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the PTEN SEC filings page.

Patterson-UTI Energy Inc (PTEN) reported $4.7B in revenue over the twelve months to Jun 30, 2026, down 6.9% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI PTEN FY2025 2026-10-03

The business is recovering from a severe FY2024 earnings shock, but substantial investment still converts accounting losses into cash generation.

FY2025 operating cash flow was $961M while free cash flow was $372M, even as the company reported a net loss. That gap indicates depreciation, working-capital movements, or other noncash items materially shaped earnings-to-cash conversion; cash economics were much stronger than the income statement suggested.

The earnings recovery is not simply top-line driven: revenue fell from $5.4B in FY2024 to $4.8B in FY2025, yet operating margin improved from -16.5% to -0.9%. This points to a sharply lower cost burden or prior-period pressure easing, rather than recovery depending on volume growth.

FY2025 capital expenditures were $589M against $961M operating cash flow, so the business must reinvest heavily before producing free cash flow. Its current ratio improved to 1.6x while debt-to-equity rose to 0.4x, pairing better near-term coverage with a somewhat more leveraged funding structure.

Financial Health Signals

Financial Health Score 49/100

Scored as: Energy peer group

Scored against energy companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Patterson-UTI Energy Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Patterson-UTI Energy Inc has an operating margin of -0.9%, meaning the company loses $1 on every $100 of revenue. This results in a profitability score of 15/100. This is up from -16.5% the prior year.

Growth

Patterson-UTI Energy Inc's revenue declined 10.3% year-over-year, from $5.4B to $4.8B. This contraction results in a growth score of 66/100.

Leverage

Patterson-UTI Energy Inc carries a low D/E ratio of 0.38, meaning only $0.38 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 69/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Patterson-UTI Energy Inc's current ratio of 1.64 indicates adequate short-term liquidity, earning a score of 62/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Patterson-UTI Energy Inc converts 7.7% of revenue into free cash flow ($372.2M). This strong cash generation earns a score of 67/100.

Returns

Patterson-UTI Energy Inc posts a -2.9% return on equity (ROE), meaning it loses $3 for every $100 of shareholders' equity. This results in a returns score of 13/100. This is up from -27.9% the prior year.

Altman Z-Score Distress

1.74

Patterson-UTI Energy Inc scores 1.74, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($4.3B) relative to total liabilities ($2.3B). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

5/8

Patterson-UTI Energy Inc passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Mixed

N/A

Patterson-UTI Energy Inc reported a net loss of $93.1M while generating $961.2M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.

Interest Coverage At Risk

N/A

Patterson-UTI Energy Inc reported an operating loss of $40.8M against $70.5M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$1.2B

YoY+0.7%

QoQ+9.9%

5Y CAGR+33.3%

10Y CAGR+20.3%

Patterson-UTI Energy Inc generated $1.2B in revenue in Q2 2026. This represents an increase of 0.7% from the same quarter a year earlier. Against the prior quarter it is up 9.9%.

EBITDA

$208.2M

YoY+4.1%

QoQ+2.7%

Patterson-UTI Energy Inc's EBITDA was $208.2M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 4.1% from the same quarter a year earlier. Against the prior quarter it is up 2.7%.

Net Income

-$19.6M

YoY+60.1%

QoQ+20.4%

Patterson-UTI Energy Inc reported -$19.6M in net income in Q2 2026. This represents an increase of 60.1% from the same quarter a year earlier. Against the prior quarter it is up 20.4%.

EPS (Diluted)

-$0.05

YoY+61.5%

QoQ+16.7%

Patterson-UTI Energy Inc earned -$0.05 per diluted share (EPS) in Q2 2026. This represents an increase of 61.5% from the same quarter a year earlier. Against the prior quarter it is up 16.7%.

Cash & Balance Sheet

Free Cash Flow

-$99.8M

YoY-2140.1%

QoQ-89.2%

Patterson-UTI Energy Inc recorded an outflow of $99.8M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 2140.1% from the same quarter a year earlier. Against the prior quarter it is down 89.2%.

Cash & Debt

$201.0M

YoY+9.4%

QoQ-40.0%

5Y CAGR-1.5%

10Y CAGR-0.4%

Patterson-UTI Energy Inc held $201.0M in cash against $1.2B in long-term debt as of Q2 2026.

Dividends Per Share

$0.10

YoY+25.0%

QoQ0.0%

5Y CAGR+38.0%

10Y CAGR+17.5%

Patterson-UTI Energy Inc paid $0.10 per share in dividends in Q2 2026. This represents an increase of 25.0% from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

381M

YoY-1.0%

QoQ+0.5%

5Y CAGR+15.1%

10Y CAGR+9.9%

Patterson-UTI Energy Inc had 381M shares outstanding in Q2 2026. This represents a decrease of 1.0% from the same quarter a year earlier. Against the prior quarter it is up 0.5%.

Margins & Returns

Operating Margin

-0.6%

YoY+1.8pp

QoQ+0.7pp

5Y change+36.9pp

10Y change+63.5pp

Patterson-UTI Energy Inc's operating margin was -0.6% in Q2 2026, reflecting core business profitability. This is up 1.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.7 percentage points.

Net Margin

-1.6%

YoY+2.4pp

QoQ+0.6pp

5Y change+33.8pp

10Y change+42.7pp

Patterson-UTI Energy Inc's net profit margin was -1.6% in Q2 2026, showing the share of revenue converted to profit. This is up 2.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.6 percentage points.

Return on Equity

-0.6%

YoY+0.8pp

QoQ+0.1pp

5Y change+5.1pp

10Y change+2.9pp

Patterson-UTI Energy Inc's ROE was -0.6% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 0.8 percentage points from the same quarter a year earlier. Against the prior quarter it is up 0.1 percentage points.

Gross Margin

Not reported for Q2 2026.

Capital Allocation

Share Buybacks

$9.1M

YoY-41.3%

QoQ+2508.0%

Patterson-UTI Energy Inc spent $9.1M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 41.3% from the same quarter a year earlier. Against the prior quarter it is up 2508.0%.

Capital Expenditures

$155.9M

YoY+8.1%

QoQ+33.7%

5Y CAGR+32.6%

10Y CAGR+17.7%

Patterson-UTI Energy Inc invested $155.9M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 8.1% from the same quarter a year earlier. Against the prior quarter it is up 33.7%.

R&D Spending

Not reported for Q2 2026.

PTEN Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

PTEN quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$4.7B	$4.8B-10.3%	$5.4B+29.7%	$4.1B+56.6%	$2.6B+95.1%	$1.4B+20.7%	$1.1B-54.5%	$2.5B-25.7%	$3.3B+41.2%	$2.4B+157.3%	$915.9M-51.6%	$1.9B-40.6%	$3.2B+17.2%	$2.7B-0.3%	$2.7B+6.1%	$2.6B
SG&A Expenses	$260.3M	$255.1M-4.9%	$268.3M+57.9%	$170.0M+45.8%	$116.6M+26.2%	$92.4M-5.4%	$97.6M-26.9%	$133.5M-0.4%	$134.1M+26.7%	$105.8M+52.9%	$69.2M-7.6%	$74.9M-6.5%	$80.1M+8.5%	$73.9M+14.5%	$64.5M+0.3%	$64.3M
Operating Income	-$49.6M	-$40.8M+95.4%	-$889.7M-352.8%	$352.0M+66.8%	$211.0M+131.1%	-$677.8M+24.0%	-$892.3M-93.3%	-$461.6M-43.3%	-$322.2M-10.1%	-$292.5M+35.9%	-$456.2M-12.1%	-$407.0M-243.7%	$283.1M-12.1%	$322.2M-35.2%	$497.4M-5.4%	$525.6M
Interest Expense	$73.0M	$70.5M-2.0%	$72.0M+36.1%	$52.9M+31.3%	$40.3M-4.1%	$42.0M+3.0%	$40.8M-45.8%	$75.2M+45.8%	$51.6M+37.6%	$37.5M-7.2%	$40.4M+10.7%	$36.5M+22.3%	$29.8M+5.2%	$28.4M+24.7%	$22.8M+45.3%	$15.7M
Income Tax	-$24.8M	-$9.9M-205.1%	$9.5M-84.5%	$61.2M+363.1%	$13.2M+121.1%	-$62.7M+50.8%	-$127.3M-21.6%	-$104.7M-127.6%	-$46.0M+86.2%	-$333.7M-87.9%	-$177.6M-20.0%	-$148.0M-261.5%	$91.6M-15.5%	$108.4M-38.5%	$176.2M-6.2%	$187.9M
Net Income	-$89.1M	-$93.1M+90.4%	-$966.4M-492.9%	$246.0M+59.0%	$154.7M+123.6%	-$654.5M+18.6%	-$803.7M-88.8%	-$425.7M-32.4%	-$321.4M-5538.6%	$5.9M+101.9%	-$318.6M-8.2%	-$294.5M-281.0%	$162.7M-13.5%	$188.0M-37.2%	$299.5M-7.1%	$322.4M
EPS (Basic)	N/A	-$0.24+90.2%	-$2.44-377.3%	$0.88+22.2%	$0.72+121.4%	-$3.36+21.3%	-$4.27-103.3%	-$2.10-42.9%	-$1.47-5000.0%	$0.03+101.4%	-$2.18-9.0%	-$2.00-278.6%	$1.12-13.2%	$1.29-34.2%	$1.96-5.8%	$2.08
EPS (Diluted)	-$0.23	-$0.24+90.2%	-$2.44-377.3%	$0.88	$0.70+120.8%	-$3.36+21.3%	-$4.27-103.3%	-$2.10-42.9%	-$1.47-5000.0%	$0.03+101.4%	-$2.18-9.0%	-$2.00-280.2%	$1.11-13.3%	$1.28-34.7%	$1.96-4.9%	$2.06
Diluted Shares (Avg)	N/A	383M-3.5%	397M+41.8%	280M	219M+112449.9%	195,021+3.7%	188,013-7.4%	203,039-99.9%	219M+9.4%	200M+36.7%	146M+0.5%	145M0.0%	145M+0.1%	145M-4.2%	152M-2.3%	155M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$1.2B+0.7%	$1.1B-12.7%	$1.2B-1.0%	$1.2B-13.4%	$1.2B-9.6%	$1.3B-15.2%	$1.2B-26.6%	$1.4B+34.2%
SG&A Expenses	$67.5M+5.3%	$68.8M+2.7%	$62.1M-15.1%	$62.0M-5.7%	$64.1M-0.7%	$66.9M+3.0%	$73.1M+19.7%	$65.7M+45.7%
Operating Income	-$7.0M+76.4%	-$14.3M-184.5%	-$235K+99.3%	-$28.1M+97.2%	-$29.5M-165.2%	$16.9M-80.5%	-$31.3M-128.1%	-$990.6M-10308.5%
EBITDA	$208.2M+4.1%	$202.8M-17.3%	N/A	N/A	$200.0M	$245.2M	N/A	N/A
Interest Expense	$20.4M+15.6%	$17.5M-1.2%	$17.7M-0.3%	$17.5M-2.8%	$17.6M-1.5%	$17.7M-3.5%	$17.7M-5.1%	$18.0M+15.1%
Income Tax	-$8.6M-824.2%	-$3.6M-358.7%	-$5.9M-407.7%	-$6.6M+78.2%	$1.2M-93.3%	$1.4M-93.0%	$1.9M-93.8%	-$30.3M-632.6%
Net Income	-$19.6M+60.1%	-$24.6M-2550.4%	-$8.5M+83.0%	-$36.4M+96.3%	-$49.1M-543.7%	$1.0M-98.0%	-$50.0M-181.1%	-$978.8M-1957622.0%
EPS (Basic)	-$0.05+61.5%	-$0.06	-$0.02+86.7%	-$0.10+96.0%	-$0.13-533.3%	$0.00-100.0%	-$0.15-266.7%	-$2.50
EPS (Diluted)	-$0.05+61.5%	-$0.06	-$0.02+86.7%	-$0.10+96.0%	-$0.13-533.3%	$0.00-100.0%	-$0.15	-$2.50
Diluted Shares (Avg)	380M-1.3%	380M-1.9%	N/A	383M-2.3%	385M-3.6%	387M-5.6%	N/A	392M+38.9%

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses.

PTEN Balance Sheet

PTEN quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$5.6B-4.5%	$5.8B-21.4%	$7.4B+136.0%	$3.1B+6.3%	$3.0B-10.3%	$3.3B-25.7%	$4.4B-18.8%	$5.5B-5.0%	$5.8B+52.7%	$3.8B-15.5%	$4.5B-17.2%	$5.4B+15.0%	$4.7B+2.9%	$4.6B+7.9%	$4.2B
Current Assets	$1.4B+9.5%	$1.3B-12.8%	$1.5B+79.1%	$829.4M+42.1%	$583.7M+22.1%	$478.0M-24.4%	$631.8M-33.5%	$950.2M+27.2%	$746.9M+202.5%	$246.9M-49.3%	$486.5M-46.5%	$909.1M+12.4%	$808.6M+15.5%	$700.0M-8.5%	$765.0M
Cash & Equivalents	$418.5M+75.0%	$239.2M+25.8%	$190.1M+38.2%	$137.6M+17.0%	$117.5M-47.7%	$224.9M+29.1%	$174.2M-28.9%	$245.0M+472.1%	$42.8M+21.8%	$35.2M-69.0%	$113.3M+163.5%	$43.0M-82.8%	$249.5M+125.3%	$110.7M+362.4%	$23.9M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$160.3M-4.0%	$167.0M-7.6%	$180.8M+176.6%	$65.4M+54.3%	$42.4M+28.0%	$33.1M-9.0%	$36.4M-44.6%	$65.6M-5.2%	$69.2M+242.6%	$20.2M+37.2%	$14.7M-54.4%	$32.3M+51.8%	$21.2M-21.0%	$26.9M-14.1%	$31.3M
Accounts Receivable	$723.3M-5.3%	$763.8M-21.3%	$971.1M+71.7%	$565.5M+58.8%	$356.1M+122.3%	$160.2M-52.8%	$339.7M-39.2%	$558.8M-3.7%	$580.4M+291.9%	$148.1M-32.6%	$219.7M-66.9%	$663.4M+46.9%	$451.5M-3.0%	$465.5M-10.2%	$518.1M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$487.4M0.0%	$487.4M-64.7%	$1.4B	$0	$0	N/A	$395.1M-3.8%	$410.8M-32.8%	$611.5M+609.1%	$86.2M0.0%	$86.2M-59.1%	$210.8M+37.0%	$153.8M0.0%	$153.8M0.0%	$153.8M
Total Liabilities	$2.3B-0.5%	$2.4B-9.3%	$2.6B+75.8%	$1.5B+9.6%	$1.3B+5.1%	$1.3B-20.1%	$1.6B-18.2%	$2.0B+10.6%	$1.8B+16.6%	$1.5B-22.6%	$2.0B-20.9%	$2.5B+28.8%	$1.9B+0.8%	$1.9B+12.4%	$1.7B
Current Liabilities	$863.6M+2.6%	$842.0M-19.8%	$1.1B+90.7%	$551.0M+26.4%	$435.9M+59.2%	$273.7M-31.7%	$400.6M-23.9%	$526.3M-3.6%	$546.3M+106.3%	$264.8M-13.9%	$307.6M-45.9%	$568.4M+60.4%	$354.3M-1.6%	$359.9M-14.1%	$418.7M
Non-Current Liabilities	$1.5B-2.2%	$1.5B-2.1%	$1.5B+67.0%	$927.3M+1.6%	$912.5M-9.6%	$1.0B-16.3%	$1.2B-16.2%	$1.4B+16.9%	$1.2B-2.3%	$1.3B-24.2%	$1.7B-13.5%	$1.9B+21.7%	$1.6B+1.3%	$1.6B+21.0%	$1.3B
Long-Term Debt	$1.2B+0.1%	$1.2B-0.4%	$1.2B+47.4%	$830.9M-2.5%	$852.3M-5.5%	$901.5M-6.7%	$966.5M-13.6%	$1.1B+86.9%	$598.8M+0.1%	$598.4M-24.0%	$787.9M-20.1%	$985.5M+44.4%	$682.5M-1.4%	$692.5M+37.8%	$502.5M
Total Equity	$3.2B-7.1%	$3.5B-28.0%	$4.8B+188.9%	$1.7B+3.5%	$1.6B-20.2%	$2.0B-28.9%	$2.8B-19.2%	$3.5B-12.0%	$4.0B+77.1%	$2.2B-12.2%	$2.6B-11.9%	$2.9B+5.4%	$2.8B+4.4%	$2.6B+4.9%	$2.5B
Retained Earnings	-$1.3B-21.0%	-$1.0B-1922.3%	$57.0M+165.3%	-$87.4M+55.9%	-$198.3M-142.0%	$472.0M-63.5%	$1.3B-26.2%	$1.8B-16.7%	$2.1B-0.5%	$2.1B-13.9%	$2.5B-12.6%	$2.8B+3.9%	$2.7B+6.2%	$2.5B+11.8%	$2.3B

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$5.4B-3.6%	$5.4B-7.0%	$5.6B-4.5%	$5.5B-7.2%	$5.6B-20.6%	$5.8B-20.2%	$5.8B-21.4%	$6.0B-19.6%
Current Assets	$1.4B+10.6%	$1.3B+0.4%	$1.4B+9.5%	$1.3B-1.9%	$1.2B-3.0%	$1.3B-2.8%	$1.3B-12.8%	$1.3B-8.6%
Cash & Equivalents	$201.0M+9.4%	$335.1M+50.2%	$418.5M+75.0%	$184.8M+63.0%	$183.8M+153.7%	$223.1M+33.1%	$239.2M+25.8%	$113.4M+83.3%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$140.8M-14.0%	$150.6M-10.2%	$160.3M-4.0%	$155.9M-9.7%	$163.7M-5.1%	$167.8M-8.4%	$167.0M-7.6%	$172.8M-7.4%
Accounts Receivable	$919.7M+19.3%	$742.4M-7.2%	$723.3M-5.3%	$800.4M-7.3%	$770.9M-11.1%	$800.3M-8.3%	$763.8M-21.3%	$863.8M-14.5%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$487.4M0.0%	$487.4M0.0%	$487.4M0.0%	$487.4M0.0%	$487.4M-64.6%	$487.4M-64.7%	$487.4M-64.7%	$487.4M-64.5%
Total Liabilities	$2.3B+1.8%	$2.2B-5.8%	$2.3B-0.5%	$2.3B-4.8%	$2.2B-7.7%	$2.3B-5.8%	$2.4B-9.3%	$2.4B-6.6%
Current Liabilities	$784.1M+9.4%	$720.3M-12.0%	$863.6M+2.6%	$777.8M-9.4%	$716.5M-15.8%	$818.3M-10.8%	$842.0M-19.8%	$858.4M-17.2%
Non-Current Liabilities	$1.5B-1.9%	$1.5B-2.5%	$1.5B-2.2%	$1.5B-2.2%	$1.5B-3.3%	$1.5B-2.9%	$1.5B-2.1%	$1.5B+0.6%
Long-Term Debt	$1.2B+1.1%	$1.2B+0.1%	$1.2B+0.1%	$1.2B+0.1%	$1.2B+0.1%	$1.2B-0.1%	$1.2B-0.4%	$1.2B-0.7%
Total Equity	$3.1B-7.3%	$3.2B-7.8%	$3.2B-7.1%	$3.2B-8.8%	$3.3B-27.3%	$3.4B-27.7%	$3.5B-28.0%	$3.6B-26.6%
Retained Earnings	-$1.4B-19.9%	-$1.3B-23.4%	-$1.3B-21.0%	-$1.2B-27.3%	-$1.2B-2221.7%	-$1.1B-1520.9%	-$1.0B-1922.3%	-$956.2M-3406.2%

PTEN Cash Flow Statement

PTEN quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$733.3M	$961.2M-18.2%	$1.2B+16.9%	$1.0B+77.7%	$566.2M+492.9%	$95.5M-65.8%	$278.9M-59.9%	$696.2M-4.7%	$730.7M+143.0%	$300.7M-1.4%	$305.0M-69.5%	$999.4M+37.1%	$728.7M-18.0%	$888.9M-11.6%	$1.0B+15.7%	$868.6M
Stock-Based Compensation	N/A	$39.3M-15.2%	$46.4M-0.9%	$46.8M+121.6%	$21.1M-2.1%	$21.6M-18.9%	$26.6M-32.4%	$39.3M+3.7%	$37.9M-14.7%	$44.5M+57.1%	$28.3M-0.7%	$28.5M+5.5%	$27.0M+4.4%	$25.9M+11.7%	$23.2M+10.9%	$20.9M
Capital Expenditures	$555.5M	$589.0M-13.2%	$678.4M+10.2%	$615.7M+41.0%	$436.8M+162.6%	$166.3M+14.3%	$145.5M-58.1%	$347.5M-45.8%	$641.5M+13.1%	$567.1M+373.4%	$119.8M-83.9%	$743.8M-29.3%	$1.1B+58.9%	$662.5M-32.0%	$974.0M-3.7%	$1.0B
Free Cash Flow	$177.7M	$372.2M-25.1%	$497.1M+27.4%	$390.2M+201.6%	$129.4M+282.7%	-$70.8M-153.1%	$133.4M-61.7%	$348.7M+290.9%	$89.2M+133.5%	-$266.4M-243.8%	$185.2M-27.5%	$255.7M+179.0%	-$323.6M-242.9%	$226.4M+622.2%	$31.4M+121.9%	-$143.0M
Investing Cash Flow	-$537.2M	-$567.2M+13.4%	-$654.7M+35.7%	-$1.0B-146.3%	-$413.2M-214.0%	-$131.6M-5.3%	-$125.0M+58.6%	-$301.8M+48.4%	-$584.6M+42.2%	-$1.0B-933.8%	-$97.8M	N/A	N/A	-$652.1M+28.2%	-$908.0M+5.8%	-$963.6M
Financing Cash Flow	-$175.2M	-$210.7M+55.6%	-$475.0M-824.4%	$65.6M+149.2%	-$133.4M-85.4%	-$71.9M+30.3%	-$103.2M+77.8%	-$465.2M-918.1%	$56.9M-92.1%	$716.6M+351.2%	-$285.3M	N/A	N/A	-$97.1M-783.6%	-$11.0M-112.0%	$91.6M
Dividends Paid	$136.8M	$122.5M-3.4%	$126.8M+26.7%	$100.0M+132.1%	$43.1M+176.2%	$15.6M-17.3%	$18.9M-41.8%	$32.4M+6.0%	$30.6M+87.5%	$16.3M-30.8%	$23.6M-59.9%	$58.8M+0.8%	$58.3M+100.2%	$29.1M-3.9%	$30.3M-2.4%	$31.0M
Share Buybacks	$43.3M	$69.6M-76.0%	$290.4M+44.7%	$200.7M+186.4%	$70.1M+1007.3%	$6.3M-70.1%	$21.2M-91.7%	$255.5M+58.0%	$161.7M+2275.3%	$6.8M+88.6%	$3.6M-54.9%	$8.0M-40.9%	$13.6M-81.6%	$73.5M-56.8%	$170.3M+3847.4%	$4.3M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$56.1M-59.9%	$63.9M-69.3%	$397.5M+25.9%	$215.8M-27.2%	$139.7M-29.2%	$208.1M-43.1%	$315.8M-30.2%	$296.3M+89.8%
Depreciation & Amortization	$215.2M-6.2%	$217.1M-4.9%	N/A	N/A	$229.5M	$228.3M	N/A	N/A
Stock-Based Compensation	$10.1M-0.7%	$4.4M-64.1%	N/A	$9.0M-25.9%	$10.2M-4.9%	$12.3M+2.0%	N/A	$12.2M
Capital Expenditures	$155.9M+8.1%	$116.6M-27.9%	$138.5M-1.3%	$144.5M-20.0%	$144.2M+10.5%	$161.8M-28.7%	$140.3M-31.6%	$180.6M+12.6%
Free Cash Flow	-$99.8M-2140.1%	-$52.8M-213.9%	$259.0M+47.6%	$71.3M-38.4%	-$4.5M-106.7%	$46.3M-66.7%	$175.5M-29.1%	$115.7M+2762.3%
Investing Cash Flow	-$153.2M-22.9%	-$106.0M+35.5%	-$130.3M-0.3%	-$147.6M+15.8%	-$124.7M-2.2%	-$164.5M+27.7%	-$129.9M+36.3%	-$175.3M+69.3%
Financing Cash Flow	-$36.9M+31.5%	-$40.3M+31.6%	-$32.2M+49.5%	-$65.9M+16.4%	-$53.8M+68.5%	-$58.9M+63.6%	-$63.7M+48.1%	-$78.8M-123.8%
Dividends Paid	$38.1M+23.8%	$38.0M+22.9%	$30.3M-2.8%	$30.5M-2.3%	$30.7M-3.4%	$30.9M-5.1%	$31.2M-6.3%	$31.2M-6.0%
Share Buybacks	$9.1M-41.3%	$350K-98.3%	$212K-99.0%	$33.6M-15.5%	$15.6M-88.3%	$20.3M-79.2%	$20.5M-73.2%	$39.7M+70.1%

PTEN Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

PTEN quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Margin	-0.9%+15.7pp	-16.5%-25.0pp	8.5%+0.5pp	8.0%+57.9pp	-49.9%+29.4pp	-79.4%-60.7pp	-18.7%-9.0pp	-9.7%+2.7pp	-12.4%+37.4pp	-49.8%-28.3pp	-21.5%-30.4pp	8.9%-3.0pp	11.9%-6.4pp	18.3%-2.2pp	20.5%
Net Margin	-1.9%+16.0pp	-18.0%-23.9pp	5.9%+0.1pp	5.8%+54.1pp	-48.2%+23.3pp	-71.5%-54.3pp	-17.2%-7.6pp	-9.7%-9.9pp	0.3%+35.0pp	-34.8%-19.2pp	-15.6%-20.7pp	5.1%-1.8pp	6.9%-4.1pp	11.0%-1.6pp	12.6%
Return on Equity	-2.9%+25.0pp	-27.9%-33.0pp	5.1%-4.2pp	9.3%+50.0pp	-40.7%-0.8pp	-39.9%-24.8pp	-15.0%-5.8pp	-9.2%-9.3pp	0.1%+14.3pp	-14.2%-2.7pp	-11.5%-17.1pp	5.6%-1.2pp	6.8%-4.5pp	11.3%-1.5pp	12.8%
Return on Assets	-1.7%+14.9pp	-16.6%-19.9pp	3.3%-1.6pp	4.9%+27.1pp	-22.1%+2.2pp	-24.4%-14.8pp	-9.6%-3.7pp	-5.9%-6.0pp	0.1%+8.6pp	-8.5%-1.9pp	-6.6%-9.6pp	3.0%-1.0pp	4.0%-2.6pp	6.6%-1.1pp	7.6%
Current Ratio	1.64+0.1x	1.54+0.1x	1.41-0.1x	1.51+0.2x	1.34-0.4x	1.75+0.2x	1.58-0.2x	1.81+0.4x	1.37+0.4x	0.93-0.6x	1.580.0x	1.60-0.7x	2.28+0.3x	1.95+0.1x	1.83
Debt-to-Equity	0.380.0x	0.35+0.1x	0.25-0.2x	0.500.0x	0.53+0.1x	0.45+0.1x	0.340.0x	0.32+0.2x	0.15-0.1x	0.270.0x	0.310.0x	0.34+0.1x	0.250.0x	0.26+0.1x	0.20
Asset Turnover	0.87-0.1x	0.92+0.4x	0.56-0.3x	0.84+0.4x	0.46+0.1x	0.34-0.2x	0.56-0.1x	0.61+0.2x	0.41+0.2x	0.24-0.2x	0.42-0.2x	0.590.0x	0.580.0x	0.600.0x	0.61
FCF Margin	7.7%-1.5pp	9.2%-0.2pp	9.4%+4.5pp	4.9%+10.1pp	-5.2%-17.1pp	11.9%-2.3pp	14.1%+11.4pp	2.7%+14.0pp	-11.3%-31.5pp	20.2%+6.7pp	13.5%+23.7pp	-10.2%-18.5pp	8.3%+7.2pp	1.1%+6.7pp	-5.6%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Margin	-0.6%+1.8pp	-1.3%-2.6pp	0.0%+2.7pp	-2.4%+70.6pp	-2.4%-5.8pp	1.3%-4.4pp	-2.7%-9.7pp	-73.0%-74.0pp
Net Margin	-1.6%+2.4pp	-2.2%-2.3pp	-0.7%+3.6pp	-3.1%+69.0pp	-4.0%-4.9pp	0.1%-3.3pp	-4.3%-8.2pp	-72.1%-72.1pp
Return on Equity	-0.6%+0.8pp	-0.8%-0.8pp	-0.3%+1.2pp	-1.1%+26.4pp	-1.5%-1.7pp	0.0%-1.1pp	-1.4%-2.7pp	-27.5%-27.5pp
Return on Assets	-0.4%+0.5pp	-0.5%-0.5pp	-0.1%+0.7pp	-0.7%+15.8pp	-0.9%-1.0pp	0.0%-0.7pp	-0.9%-1.7pp	-16.4%-16.4pp
Current Ratio	1.750.0x	1.84+0.2x	1.64+0.1x	1.64+0.1x	1.73+0.2x	1.61+0.1x	1.54+0.1x	1.52+0.1x
Debt-to-Equity	0.400.0x	0.390.0x	0.380.0x	0.380.0x	0.37+0.1x	0.36+0.1x	0.35+0.1x	0.34+0.1x
Asset Turnover	0.230.0x	0.210.0x	0.210.0x	0.210.0x	0.220.0x	0.220.0x	0.200.0x	0.23+0.1x
FCF Margin	-8.1%-7.8pp	-4.7%-8.3pp	22.5%+7.4pp	6.1%-2.5pp	-0.4%-5.3pp	3.6%-5.6pp	15.1%-0.5pp	8.5%+8.9pp

Not reported in any period shown, so not listed: Gross Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Patterson-UTI Energy Inc PTEN	FY2025	$4.8B	-$93.1M	-1.9%	$4.3B	49/100
Seadrill Limited SDRL	FY2025	$1.4B	-$77.0M	-5.4%	$2.7B	38/100
Helmerich & Payne, Inc. HP	FY2025	$3.7B	-$163.7M	-4.4%	$3.9B	50/100
Sable Offshore Corp. SOC	FY2025	$0	-$410.2M	N/A	$673.5M	—
Transocean LTD. RIG	FY2025	$4.0B	-$2.9B	-73.5%	$5.8B	47/100
Noble Corporation plc NE	FY2025	$3.3B	$216.7M	6.6%	$6.5B	52/100

Where Patterson-UTI Energy Inc Ranks

Frequently Asked Questions

What is Patterson-UTI Energy Inc's annual revenue?

Patterson-UTI Energy Inc (PTEN) reported $4.8B in total revenue for fiscal year 2025. This represents a -10.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Patterson-UTI Energy Inc's revenue growing?

Patterson-UTI Energy Inc (PTEN) revenue declined by 10.3% year-over-year, from $5.4B to $4.8B in fiscal year 2025.

Is Patterson-UTI Energy Inc profitable?

No, Patterson-UTI Energy Inc (PTEN) reported a net income of -$93.1M in fiscal year 2025, with a net profit margin of -1.9%.

How much debt does Patterson-UTI Energy Inc have?

As of fiscal year 2025, Patterson-UTI Energy Inc (PTEN) had $418.5M in cash and equivalents against $1.2B in long-term debt.

What is Patterson-UTI Energy Inc's operating margin?

Patterson-UTI Energy Inc (PTEN) had an operating margin of -0.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Patterson-UTI Energy Inc's net profit margin?

Patterson-UTI Energy Inc (PTEN) had a net profit margin of -1.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Patterson-UTI Energy Inc pay dividends?

Yes, Patterson-UTI Energy Inc (PTEN) paid $0.32 per share in dividends during fiscal year 2025.

What is Patterson-UTI Energy Inc's return on equity (ROE)?

Patterson-UTI Energy Inc (PTEN) has a return on equity of -2.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Patterson-UTI Energy Inc's free cash flow?

Patterson-UTI Energy Inc (PTEN) generated $372.2M in free cash flow during fiscal year 2025. This represents a -25.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Patterson-UTI Energy Inc's operating cash flow?

Patterson-UTI Energy Inc (PTEN) generated $961.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Patterson-UTI Energy Inc's total assets?

Patterson-UTI Energy Inc (PTEN) had $5.6B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Patterson-UTI Energy Inc's capital expenditures?

Patterson-UTI Energy Inc (PTEN) invested $589.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Patterson-UTI Energy Inc buy back shares?

Yes, Patterson-UTI Energy Inc (PTEN) spent $69.6M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Patterson-UTI Energy Inc have outstanding?

Patterson-UTI Energy Inc (PTEN) had 380M shares outstanding as of fiscal year 2025.

What is Patterson-UTI Energy Inc's current ratio?

Patterson-UTI Energy Inc (PTEN) had a current ratio of 1.64 as of fiscal year 2025, which is generally considered healthy.

What is Patterson-UTI Energy Inc's debt-to-equity ratio?

Patterson-UTI Energy Inc (PTEN) had a debt-to-equity ratio of 0.38 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Patterson-UTI Energy Inc's return on assets (ROA)?

Patterson-UTI Energy Inc (PTEN) had a return on assets of -1.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Patterson-UTI Energy Inc's P/E ratio?

Patterson-UTI Energy Inc (PTEN) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $4.3B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Patterson-UTI Energy Inc's price-to-sales ratio?

Patterson-UTI Energy Inc (PTEN) trades at 0.9x sales, its market capitalization divided by revenue of $4.7B revenue, trailing 12 months to June 30, 2026. The market capitalization is $4.3B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Patterson-UTI Energy Inc's Altman Z-Score?

Patterson-UTI Energy Inc (PTEN) has an Altman Z-Score of 1.74, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Patterson-UTI Energy Inc's Piotroski F-Score?

Patterson-UTI Energy Inc (PTEN) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Patterson-UTI Energy Inc's earnings high quality?

Patterson-UTI Energy Inc (PTEN) reported a net loss of $93.1M while generating $961.2M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Patterson-UTI Energy Inc cover its interest payments?

Patterson-UTI Energy Inc (PTEN) reported an operating loss of $40.8M against $70.5M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Patterson-UTI Energy Inc?

Patterson-UTI Energy Inc (PTEN) scores 49 out of 100 on our Financial Health Score, indicating moderate standing within its energy companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.