Patterson-UTI Energy Inc. | Mid-cap | Energy
$6.35
3.08%
| Patterson-UTI Energy Stock Comparison:
Patterson-UTI Energy vs NoblePatterson-UTI Energy vs TransoceanPatterson-UTI Energy vs Sable OffshorePatterson-UTI Energy vs Seadrill LimitedPatterson-UTI Energy vs Helmerich & PaynePatterson-UTI Energy vs S&P 500 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 1.3B
Gross Profit 87.3M 6.81%
Operating Income 17.4M 1.36%
Net Income 1.3M 0.10%
EPS (Diluted) $0.00

Balance Sheet Metrics

Total Assets 5.8B
Total Liabilities 2.3B
Shareholders Equity 3.4B
Debt to Equity 0.68

Cash Flow Metrics

Operating Cash Flow 322.0M
Free Cash Flow 46.3M

Revenue & Profitability Trend

Patterson-UTI Energy Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i5.4B4.1B2.6B1.4B1.1B
Cost of Goods Sold i5.1B3.5B2.3B1.9B1.5B
Gross Profit i286.2M603.7M317.1M-574.0M-348.6M
Gross Margin % i5.3%14.6%12.0%-42.3%-31.0%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i268.3M170.0M116.6M92.4M97.6M
Other Operating Expenses i-10.7M-17.1M-12.6M763.0K7.1M
Total Operating Expenses i257.6M152.8M104.0M93.1M104.7M
Operating Income i28.5M450.0M213.1M-665.7M-458.9M
Operating Margin % i0.5%10.9%8.0%-49.1%-40.8%
Non-Operating Items
Interest Income i5.7M6.1M360.0K222.0K1.3M
Interest Expense i72.0M52.9M40.3M42.0M40.8M
Other Non-Operating Income-919.3M-96.2M-5.3M-12.3M-432.6M
Pre-tax Income i-956.9M307.1M167.9M-719.8M-931.0M
Income Tax i9.5M61.2M13.2M-62.7M-127.3M
Effective Tax Rate % i0.0%19.9%7.9%0.0%0.0%
Net Income i-966.4M246.0M154.7M-654.5M-803.7M
Net Margin % i-18.0%5.9%5.8%-48.2%-71.5%
Key Metrics
EBITDA i1.2B1.2B694.1M183.4M214.1M
EPS (Basic) i$-2.44$0.88$0.72$-3.36$-4.27
EPS (Diluted) i$-2.44$0.88$0.70$-3.36$-4.27
Basic Shares Outstanding i397196000279501000215935000195021000188013000
Diluted Shares Outstanding i397196000279501000215935000195021000188013000

Income Statement Trend

Patterson-UTI Energy Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i239.2M190.1M137.6M117.5M224.9M
Short-term Investments i-----
Accounts Receivable i763.8M971.1M565.5M356.1M160.2M
Inventory i167.0M180.8M65.4M42.4M33.1M
Other Current Assets31.2M36.8M3.1M67.6M55.3M
Total Current Assets i1.3B1.5B829.4M583.7M478.0M
Non-Current Assets
Property, Plant & Equipment i8.9B9.0B7.8B8.0B7.9B
Goodwill i1.9B3.8B5.8M7.5M30.1M
Intangible Assets i929.6M1.1B5.8M7.5M30.1M
Long-term Investments-----
Other Non-Current Assets23.7M23.4M14.1M15.0M11.4M
Total Non-Current Assets i4.5B5.9B2.3B2.4B2.8B
Total Assets i5.8B7.4B3.1B3.0B3.3B
Liabilities
Current Liabilities
Accounts Payable i421.3M534.4M237.1M190.2M91.0M
Short-term Debt i34.9M69.7M5.1M6.9M7.1M
Current Portion of Long-term Debt-----
Other Current Liabilities-----
Total Current Liabilities i842.0M1.1B551.0M435.9M273.7M
Non-Current Liabilities
Long-term Debt i1.3B1.3B850.5M870.4M920.6M
Deferred Tax Liabilities i238.1M248.1M28.7M29.2M77.7M
Other Non-Current Liabilities13.2M25.1M48.1M12.8M11.0M
Total Non-Current Liabilities i1.5B1.5B927.3M912.5M1.0B
Total Liabilities i2.4B2.6B1.5B1.3B1.3B
Equity
Common Stock i5.2M5.2M3.0M3.0M2.7M
Retained Earnings i-1.0B57.0M-87.4M-198.3M472.0M
Treasury Stock i2.0B1.7B1.5B1.4B1.4B
Other Equity-----
Total Shareholders Equity i3.5B4.8B1.7B1.6B2.0B
Key Metrics
Total Debt i1.3B1.3B855.7M877.3M927.7M
Working Capital i453.3M435.3M278.5M147.8M204.2M

Balance Sheet Composition

Patterson-UTI Energy Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i-966.4M246.0M154.7M-654.5M-803.7M
Depreciation & Amortization i1.2B731.4M483.9M849.2M670.9M
Stock-Based Compensation i46.4M46.8M21.1M21.6M26.6M
Working Capital Changes i102.6M-43.7M-150.1M-99.3M145.3M
Operating Cash Flow i360.6M1.0B517.5M53.4M-57.5M
Investing Activities
Capital Expenditures i-678.4M-615.7M-436.8M-166.3M-145.5M
Acquisitions i3.0M-422.5M0-29.4M0
Investment Purchases i-----
Investment Sales i-----
Investing Cash Flow i-654.7M-1.0B-413.2M-172.9M-125.0M
Financing Activities
Share Repurchases i-290.4M-200.7M-70.1M-6.3M-21.2M
Dividends Paid i-126.8M-100.0M-43.1M-15.6M-18.9M
Debt Issuance i50.0M816.4M150.0M00
Debt Repayment i-95.5M-443.8M-169.8M-50.0M-62.5M
Financing Cash Flow i-475.0M65.6M-133.4M-71.9M-103.2M
Free Cash Flow i497.2M390.2M129.4M-70.8M133.4M
Net Change in Cash i-769.2M80.3M-29.1M-191.4M-285.6M

Cash Flow Trend

Patterson-UTI Energy Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 52.00
Forward P/E -67.88
Price to Book 0.63
Price to Sales 0.42
PEG Ratio -67.88

Profitability Ratios

Profit Margin -21.49%
Operating Margin -0.10%
Return on Equity -27.07%
Return on Assets 0.04%

Financial Health

Current Ratio 1.73
Debt to Equity 38.43
Beta 1.30

Per Share Data

EPS (TTM) $-2.71
Book Value per Share $8.68
Revenue per Share $12.93

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
pten2.1B52.000.63-27.07%-21.49%38.43
Noble 4.2B13.910.917.18%9.39%42.74
Transocean 2.8B-4.920.28-14.99%-39.64%70.03
Sable Offshore 2.7B-15.226.12-179.45%0.00%200.66
Seadrill Limited 1.8B24.380.632.60%5.97%21.56
Helmerich & Payne 1.8B7.040.64-1.00%-0.90%81.44

Financial data is updated regularly. All figures are in the company's reporting currency.