Patterson-UTI Energy, Inc. logo PTEN - Patterson-UTI Energy, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
1
BUY 27
HOLD 18
SELL 7
STRONG
SELL
0
| PRICE TARGET: $11.00 DETAILS
HIGH: $14.00
LOW: $10.00
MEDIAN: $10.00
CONSENSUS: $11.00
DOWNSIDE: 10.64%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 4,826.6 5,377.9 4,146.5 2,647.6 1,357.1 1,124.2 2,470.7 3,327.0 2,356.7 915.9 1,891.3 3,182.3 2,716.0 2,723.4 2,565.9 1,462.9 781.9 2,209.1 2,114.2 2,546.6 1,740.5 1,000.8 776.2 528.0 990.0 307.9 151.5 186.6 190.8 83.7 46.5 35.1 24.7
Cost of Revenue 4,596.8 5,091.7 3,542.7 2,330.5 1,931.1 1,472.8 2,777.6 3,318.8 2,500.9 1,317.2 2,097.1 2,834.8 2,323.4 2,194.3 1,543.8 897.8 476.5 1,310.6 1,188.0 1,243.5 939.4 678.9 567.6 398.8 592.9 221.7 126.2 146.5 131.3 62.6 35 27.2 18.2
Gross Profit 229.9 286.2 603.7 317.1 (574.0) (348.6) (306.9) 8.2 (144.2) (401.3) (205.9) 347.5 392.7 529.1 1,022.2 565.1 305.4 898.5 926.2 1,303.1 801.1 321.9 208.5 129.2 397.1 86.2 25.3 40.1 59.5 21.1 11.5 7.9 6.5
Operating Expenses
R&D Expenses 0 0 0 0 0 0 3.8 3.4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
SG&A Expenses 255.1 268.3 170.0 116.6 92.4 97.6 133.5 134.1 105.8 69.2 87.2 80.1 73.9 64.5 64.3 53.0 56.6 68.2 64.6 55.1 39.1 32.9 28.0 29.9 30.6 11.4 7.3 9.3 8.6 6.4 3.9 3.1 2.6
Other Expenses 0 907.6 81.8 (10.5) 11.3 446.1 17.3 0.8 0.3 0.1 0.0 0.0 0 0.5 437.3 333.5 297.0 278.9 191.3 208.9 180.7 117.7 95.8 91.2 86.2 33.1 28.2 28.1 17.5 10 5.3 2.9 2.3
Operating Expenses 255.1 1,175.9 251.8 106.1 103.7 543.7 154.7 116.5 73.9 54.9 87.2 80.1 73.9 65.6 501.6 364.2 64.1 347.0 255.9 263.9 219.8 150.6 123.8 121.1 116.8 44.5 35.5 37.4 26.1 16.4 9.2 6 4.9
Operating Income
Operating Income (25.2) (889.7) 352.0 211.0 (677.8) (892.3) (461.6) (322.2) (292.5) (456.2) (407.0) 283.1 322.2 497.4 525.6 200.9 (48.2) 541.5 670.3 1,039.2 581.3 171.2 87.2 3.4 267.2 41.7 (10.2) 2.7 33.4 4.7 2.3 1.9 1.6
Interest Expense 70.5 72.0 52.9 40.3 42.0 40.8 75.2 51.6 37.5 40.4 36.5 29.8 28.4 22.8 15.7 12.8 4.1 0.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 6.6 5.7 6.1 0.4 0.2 1.3 6.0 5.6 1.9 0.3 1.0 1.0 0.9 0.6 0.2 1.7 0.4 1.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 907.8 286.9 1,091.4 692.1 171.4 (219.3) 548.7 535.6 465.9 212.7 449.3 1,002.8 922.3 1,025.0 963.6 537.0 242.4 809.2 670.3 1,039.2 581.3 271.3 167.1 99.3 366.5 130.0 43.1 30.8 50.9 14.7 10 4.8 3.9
EBIT (32.5) (885.0) 360.0 208.1 (677.8) (890.2) (455.2) (315.8) (290.3) (455.8) (406.0) 284.1 324.8 498.4 526.4 203.5 (47.4) 548.0 670.3 1,039.2 581.3 148.5 66.3 8.1 280.3 68.6 (9.4) 2.7 33.4 4.7 2.5 1.9 1.6
Income Before Tax (103.0) (956.9) 307.1 167.9 (719.8) (931.0) (530.4) (367.4) (327.8) (496.2) (442.4) 254.3 296.4 475.7 510.7 190.8 (51.6) 542.9 670.8 1,043.8 584.8 171.9 88.2 3.8 266.5 38.0 (13.4) (0.2) 35 2 1.8 2.3 1.7
Income Tax Expense (9.9) 9.5 61.2 13.2 (62.7) (127.3) (104.7) (46.0) (333.7) (177.6) (148.0) 91.6 108.4 176.2 187.9 72.9 (17.6) 195.9 232.2 371.3 212.0 63.2 32.4 1.7 102.3 14.2 (4.3) 0.1 12.8 (2.3) (0.1) (0.2) 0.1
Net Income (93.6) (968.0) 246.3 154.7 (654.5) (803.7) (425.7) (321.4) 5.9 (318.6) (294.5) 162.7 188.0 299.5 322.4 116.9 (38.3) 347.1 438.6 673.3 372.7 108.7 55.3 2.2 164.2 23.8 (9.1) (0.3) 22.2 4.3 1.9 2.5 1.6
Per Share Data
EPS (Basic) -0.24 -2.44 0.88 0.72 -3.37 -4.27 -2.10 -1.47 0.03 -2.18 -2.03 1.12 1.29 1.96 2.08 0.76 -0.25 2.26 2.83 4.08 2.19 0.57 0.27 -0.03 1.08 0.26 -0.14 -0.00 0.39 0.11 0.09 0.16 0.12
EPS (Diluted) -0.24 -2.44 0.88 0.70 -3.37 -4.27 -2.10 -1.47 0.03 -2.18 -2.03 1.11 1.28 1.96 2.06 0.76 -0.25 2.24 2.79 4.02 2.15 0.56 0.26 -0.03 1.03 0.25 -0.14 -0.00 0.38 0.11 0.09 0.16 0.12
Shares Outstanding 383.5 397.2 279.5 215.9 195.0 188.0 203.0 218.6 198.4 146.2 145.4 144.1 144.4 151.1 153.9 152.8 152.1 153.4 154.8 165.2 170.4 166.3 161.3 157.4 152.8 142.4 65.0 63.3 57.0 39.6 21.1 16.1 13.3
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 420.6 239.2 192.7 137.6 117.5 224.9 174.2 245.0 42.8 35.2 49.9 81.2 112.4 100.5 82.2 33.6 59.4 8.8 9 23.3 3.5 2.5 3.4 4
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 776.0 821.8 1,029.0 611.5 356.1 164.6 346.1 562.9 581.5 150.2 283.4 424.7 214.1 169.0 123.7 135.5 82.1 42.5 29.1 45.5 24.7 11 10.4 6.3
Inventory 160.3 167.0 180.8 65.4 42.4 33.1 36.4 65.6 69.2 20.2 6.9 42.0 17.7 15.2 15.3 16.3 12.2 2 1.3 4.8 0.3 0.4 0.4 0.3
Other Current Assets 61.2 35.4 36.8 3.1 67.6 55.3 75.2 76.7 53.4 41.3 117.1 93.4 42.8 36.0 21.8 14.1 14.2 5.4 14.1 3.4 7 2.9 2.2 0
Total Current Assets 1,418.1 1,295.3 1,485.7 829.4 583.7 478.0 631.8 950.2 746.9 283.3 457.3 641.4 387.0 308.1 243.0 199.5 167.8 58.7 53.5 77 35.5 16.8 16.4 10.6
Non-Current Assets
Property, Plant & Equipment 2,711.0 3,081.7 3,479.5 2,294.5 2,351.6 2,779.6 3,346.0 4,014.6 4,271.1 3,425.0 2,110.4 1,937.1 828.9 693.6 627.7 614.4 202.6 133.8 136.7 100.4 51.3 26.5 14.6 7.2
Goodwill 487.4 487.4 1,379.7 0 0 0 395.1 410.8 611.5 86.2 86.2 86.2 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 814.8 929.6 1,051.7 5.8 7.5 30.1 48.9 66.9 75.6 2.7 0 0 101.3 51.2 51.3 51.6 38.6 41.8 45.9 24.6 0 0 0 0
Long-Term Investments 0 0 0 0 0 0 0 (373.3) 0 (36.4) 0.9 (35.9) (16.0) 20.3 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 139.1 39.4 19.4 10.9 11.1 11.4 17.8 27.4 50.0 7.3 (25.5) 48.1 5.7 (13.8) 20.4 4.1 1.6 2 0.5 1.2 1.1 0.5 0.7 0.6
Total Non-Current Assets 4,152.4 4,538.2 5,934.3 2,314.4 2,374.2 3,230.9 3,807.8 4,519.7 5,012.0 3,521.3 2,204.9 2,071.4 935.9 767.8 699.5 670.2 242.8 177.6 183.1 126.2 52.4 27 15.3 7.8
Total Assets 5,570.5 5,833.5 7,420.0 3,143.8 2,957.8 3,708.9 4,439.6 5,469.9 5,758.9 3,804.6 2,662.2 2,712.8 1,322.9 1,075.8 942.5 869.6 410.6 236.3 236.6 203.2 87.9 43.8 31.7 18.4
Current Liabilities
Account Payables 470.8 421.3 534.4 237.1 190.2 91.6 170.5 289.0 319.6 125.7 83.7 170.0 68.2 56.4 39.6 52.8 81.9 23.7 11.2 17 15.1 7.9 9 5.4
Short-Term Debt 0 6.4 12.2 0 0 7.1 9.9 0 0 0 0 0 0 0 0 0 4.5 0 8.6 1.5 0.1 0.9 0.9 0.4
Deferred Revenue 79.3 0 98.9 110.2 60.3 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 0 331.3 84.3 67.9 67.9 66.5 81.1 94.0 16.1 74.5 17.6 0 (1.5) (8.8) 0 0 (53.6) 8 3.2 12 2.7 1.7 1.3 0.5
Total Current Liabilities 863.6 842.0 1,050.4 551.0 435.9 273.7 400.6 526.3 546.2 264.8 193.3 302.6 150.1 108.4 75.2 89.3 56.9 31.7 23 30.5 17.9 10.5 11.2 6.3
Non-Current Liabilities
Long-Term Debt 1,221.0 1,219.8 1,224.9 830.9 852.3 901.5 966.5 1,119.2 866.8 598.4 0 0 0 0 0 0 19.9 50 47.1 21.8 25.7 12.9 6 2.1
Deferred Tax Liabilities 215.8 238.1 248.1 28.7 29.2 487.5 203.0 306.2 350.8 683.0 381.7 277.7 162.0 143.5 127.0 92.9 30.1 1.7 9.6 3.3 0.1 0 0 0
Other Non-Current Liabilities 12.2 13.2 25.1 48.1 12.8 11.0 9.2 12.8 12.5 9.7 5.5 5.5 3.3 4.0 2.8 0.4 0.9 0.1 0 0.7 0.7 0 0 (0.1)
Total Non-Current Liabilities 1,482.1 1,515.6 1,548.9 927.3 912.5 1,419.1 1,205.4 1,438.1 1,230.1 1,291.1 387.1 283.3 165.3 147.3 129.8 93.2 50.9 51.8 56.7 25.8 26.5 12.9 6 2
Total Liabilities 2,345.8 2,357.6 2,599.3 1,478.3 1,348.4 1,692.8 1,606.0 1,964.4 1,776.4 1,555.9 580.5 585.9 315.4 255.8 205.0 182.5 107.8 83.5 79.7 56.3 44.4 23.4 17.2 8.3
Stockholders' Equity
Common Stock 5.2 5.2 5.2 3.0 3.0 2.7 2.7 2.7 2.7 1.9 1.8 1.8 1.7 0.8 0.8 0.8 0.4 0.3 0 0 0 0 0 0
Retained Earnings (1,257.7) (1,039.3) 57.0 (87.4) (198.3) 472.0 1,294.9 1,753.6 2,105.9 2,116.3 1,901.9 1,970.8 415.5 316.3 261.0 258.8 245.5 34.9 44 44.3 22.1 6.2 4.3 1.8
Accumulated Other Comprehensive Income (1.2) (2.6) 0.5 0 5.9 5.4 5.5 2.5 6.8 (1.1) 15.0 5.8 6.2 8.6 (1.8) (2.3) (150.3) (122.3) (98.1) (73.4) (58.6) (28.4) (23.7) (21.1)
Total Stockholders' Equity 3,218.5 3,465.8 4,812.3 1,665.5 1,609.5 2,016.1 2,833.6 3,505.4 3,982.5 2,248.7 2,081.7 2,126.9 1,007.5 820.1 737.6 687.1 302.8 152.8 156.9 146.9 43.5 20.4 14.5 10.1
Total Liabilities & Equity 5,570.5 5,833.5 7,420.0 3,143.8 2,957.8 3,708.9 4,439.6 5,469.9 5,758.9 3,804.6 2,662.2 2,712.8 1,322.9 1,075.8 942.5 869.6 410.6 236.3 236.6 203.2 87.9 43.8 31.7 18.4
Debt Metrics
Total Debt 1,280.5 1,299.2 1,345.5 855.7 877.3 927.7 1,003.1 1,119.2 866.8 598.4 0 0 0 0 0 0 24.4 50 55.7 23.3 25.8 13.8 6.9 2.5
Net Debt 859.8 1,060.0 1,152.8 718.1 759.8 702.8 828.9 874.2 824.0 563.3 (49.9) (81.2) (112.4) (100.5) (82.2) (33.6) (34.9) 41.2 46.7 0 22.3 11.3 3.5 (1.5)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income (93.1) (966.4) 246.3 154.7 (654.5) (803.7) (425.7) (321.4) 5.9 (318.6) 372.7 108.7 55.3 2.2 164.2 23.8 (9.1) (0.3) 22.2 4.3 1.9 2.5 1.6
Depreciation & Amortization 940.3 1,171.9 731.4 483.9 849.2 670.9 1,003.9 916.3 783.3 668.4 159.2 120.6 98.0 91.2 86.2 33.1 28.2 28.1 17.5 10 5.3 2.9 2.3
Stock-Based Compensation 39.3 46.4 46.8 21.1 21.6 26.6 39.3 37.9 44.5 28.3 2.8 1.2 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital 96.4 36.0 (67.2) (86.9) (55.3) 84.1 134.6 (44.9) (171.4) 96.4 (113.3) (40.4) (13.7) (0.4) (12.3) (24.6) 11.5 (7.6) (9.6) (7.3) (1.5) (0.7) (1)
Other Non-Cash Items 0.0 889.5 (3.2) (13.6) (2.4) 426.3 47.3 183.9 (31.2) (12.4) 21.9 8.7 4.6 14.9 1.4 0.0 0.5 3.3 1.8 0.1 (0.1) (0.2) (0.2)
Operating Cash Flow 961.2 1,175.5 1,005.9 566.2 95.5 278.9 696.2 730.7 300.7 305.0 460.5 222.3 161.5 131.4 254.0 49.0 24 30 34.4 4.7 5.1 4.1 2.7
Investing Activities
Capital Expenditure (589.0) (678.4) (615.7) (436.8) (166.3) (145.5) (347.5) (641.5) (567.1) (119.8) (380.1) (191.6) (117.1) (83.8) (172.8) (57.2) (19.1) (79.6) (84.3) (24) (16.5) (9.4) (3.8)
Acquisitions 0 3.0 (396.0) 26.1 (29.4) 20.9 (0.0) (14.2) (502.0) 0.2 (73.6) (32.5) (40.8) 0 (40.5) (17.8) 0 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 0 0 0 (2.5) 0 0 0 0 (17.7) 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.6 0 1.9 0 0 0
Other Investing Activities 21.9 20.7 (5.9) (2.5) 64.1 (0.4) 45.8 71.1 60.9 21.9 14.4 1.5 4.6 2.9 (0.4) 1.8 (1.2) 1.9 4.2 1.2 0.3 0.3 0.2
Investing Cash Flow (567.2) (654.7) (1,017.6) (413.2) (131.6) (125.0) (301.8) (584.6) (1,010.6) (97.8) (439.2) (222.5) (153.3) (98.6) (213.8) (73.2) (19.1) (77.1) (80.1) (20.9) (16.2) (9.1) (3.6)
Financing Activities
Net Debt Issuance (7.8) (45.5) 372.7 (19.8) (50) (62.5) (176.5) 253.2 268 (255) 0 0 0 0 (79.4) (3.4) (13.7) 32.5 (2.5) 11.7 7 4.4 (1.9)
Stock Repurchased (69.6) (290.4) (200.7) (70.1) (6.3) (21.2) (255.5) (161.7) (6.8) (3.6) (12.2) (1.5) 0 0 0 (1.6) 0 0 0 0 0.1 0 0
Dividends Paid (122.5) (126.8) (100.0) (43.1) (15.6) (18.9) (32.4) (30.6) (16.3) (23.6) (27.3) (10.0) 0 0 0 (40) 0 0 0 0 0 0 0
Other Financing Activities (10.8) (12.3) (6.3) (0.5) 0 (0.6) (0.9) (4.0) 0.1 (3.1) 0 (0.8) 0 0 0 14.1 0 0 (0.1) (0.1) (0.2) 0 0
Financing Cash Flow (210.7) (475.0) 65.6 (133.4) (71.9) (103.2) (465.2) 56.9 716.6 (285.3) 4.0 12.2 10.3 15.7 (73.4) 74.8 (5.1) 32.8 65.5 12.5 10.2 4.4 2.8
Cash Position
Net Change in Cash 179.3 48.6 55.1 20.0 (107.4) 50.7 (70.8) 202.2 7.7 (78.2) 24.0 11.9 18.3 48.6 (33.3) 50.6 (0.2) 32.8 65.5 12.5 10.2 4.4 2.8
Cash at Beginning 241.3 192.7 137.6 117.5 224.9 174.2 245.0 42.8 35.2 113.3 112.4 100.5 82.2 33.6 66.9 8.8 9 23.3 3.5 7.2 3.4 4 2.1
Cash at End 420.6 241.3 192.7 137.6 117.5 224.9 174.2 245.0 42.8 35.2 136.4 112.4 100.5 82.2 33.6 59.4 8.8 56.1 69 19.7 13.6 8.4 4.9
Free Cash Flow 372.2 497.1 390.2 129.4 (70.8) 133.4 348.7 89.2 (266.4) 185.2 80.4 30.7 44.4 47.6 81.2 (8.1) 4.9 (49.6) (49.9) (19.3) (11.4) (5.3) (1.1)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 4,826.6 5,377.9 4,146.5 2,647.6 1,357.1 1,124.2 2,470.7 3,327.0 2,356.7 915.9 1,891.3 3,182.3 2,716.0 2,723.4 2,565.9 1,462.9 781.9 2,209.1 2,114.2 2,546.6 1,740.5 1,000.8 776.2 528.0 990.0 307.9 151.5 186.6 190.8 83.7 46.5 35.1 24.7
Gross Profit 229.9 286.2 603.7 317.1 (574.0) (348.6) (306.9) 8.2 (144.2) (401.3) (205.9) 347.5 392.7 529.1 1,022.2 565.1 305.4 898.5 926.2 1,303.1 801.1 321.9 208.5 129.2 397.1 86.2 25.3 40.1 59.5 21.1 11.5 7.9 6.5
Operating Income (25.2) (889.7) 352.0 211.0 (677.8) (892.3) (461.6) (322.2) (292.5) (456.2) (407.0) 283.1 322.2 497.4 525.6 200.9 (48.2) 541.5 670.3 1,039.2 581.3 171.2 87.2 3.4 267.2 41.7 (10.2) 2.7 33.4 4.7 2.3 1.9 1.6
Net Income (93.6) (968.0) 246.3 154.7 (654.5) (803.7) (425.7) (321.4) 5.9 (318.6) (294.5) 162.7 188.0 299.5 322.4 116.9 (38.3) 347.1 438.6 673.3 372.7 108.7 55.3 2.2 164.2 23.8 (9.1) (0.3) 22.2 4.3 1.9 2.5 1.6
EPS (Diluted) -0.24 -2.44 0.88 0.70 -3.37 -4.27 -2.10 -1.47 0.03 -2.18 -2.03 1.11 1.28 1.96 2.06 0.76 -0.25 2.24 2.79 4.02 2.15 0.56 0.26 -0.03 1.03 0.25 -0.14 -0.00 0.38 0.11 0.09 0.16 0.12
Balance Sheet
Cash & Equivalents 420.6 239.2 192.7 137.6 117.5 224.9 174.2 245.0 42.8 35.2 49.9 81.2 112.4 100.5 82.2 33.6 59.4 8.8 9 23.3 3.5 2.5 3.4 4
Total Assets 5,570.5 5,833.5 7,420.0 3,143.8 2,957.8 3,708.9 4,439.6 5,469.9 5,758.9 3,804.6 2,662.2 2,712.8 1,322.9 1,075.8 942.5 869.6 410.6 236.3 236.6 203.2 87.9 43.8 31.7 18.4
Total Debt 1,280.5 1,299.2 1,345.5 855.7 877.3 927.7 1,003.1 1,119.2 866.8 598.4 0 0 0 0 0 0 24.4 50 55.7 23.3 25.8 13.8 6.9 2.5
Stockholders' Equity 3,218.5 3,465.8 4,812.3 1,665.5 1,609.5 2,016.1 2,833.6 3,505.4 3,982.5 2,248.7 2,081.7 2,126.9 1,007.5 820.1 737.6 687.1 302.8 152.8 156.9 146.9 43.5 20.4 14.5 10.1
Cash Flow
Operating Cash Flow 961.2 1,175.5 1,005.9 566.2 95.5 278.9 696.2 730.7 300.7 305.0 460.5 222.3 161.5 131.4 254.0 49.0 24 30 34.4 4.7 5.1 4.1 2.7
Capital Expenditure (589.0) (678.4) (615.7) (436.8) (166.3) (145.5) (347.5) (641.5) (567.1) (119.8) (380.1) (191.6) (117.1) (83.8) (172.8) (57.2) (19.1) (79.6) (84.3) (24) (16.5) (9.4) (3.8)
Free Cash Flow 372.2 497.1 390.2 129.4 (70.8) 133.4 348.7 89.2 (266.4) 185.2 80.4 30.7 44.4 47.6 81.2 (8.1) 4.9 (49.6) (49.9) (19.3) (11.4) (5.3) (1.1)