PTEN
Patterson-UTI Energy Inc
NASDAQ: PTEN · ENERGY · OIL & GAS DRILLING
$12.35
+4.48% today
Updated 2026-04-29
Market cap
$4.69B
P/E ratio
—
P/S ratio
1.01x
EPS (TTM)
$-0.30
Dividend yield
2.88%
52W range
$5 – $12
Volume
11.0M
Patterson-UTI Energy Inc (PTEN) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.55B | $2.11B | $2.21B | $781.95M | $1.46B | $2.57B | $2.72B | $2.72B | $3.18B | $1.89B | $915.87M | $2.36B | $3.33B | $2.47B | $1.12B | $1.36B | $2.65B | $4.15B | $5.38B | $4.83B |
| Revenue growth (YoY) | — | -17.0% | +4.5% | -64.6% | +87.1% | +75.4% | +6.1% | -0.3% | +17.2% | -40.6% | -51.6% | +157.3% | +41.2% | -25.7% | -54.5% | +20.7% | +95.1% | +56.6% | +29.7% | -10.3% |
| Cost of revenue | $1.24B | $1.19B | $1.31B | $476.50M | $897.80M | $1.54B | $2.19B | $2.32B | $2.83B | $2.10B | $1.32B | $2.50B | $3.32B | $2.78B | $1.47B | $1.93B | $2.33B | $3.54B | $5.09B | $4.60B |
| Gross profit | $1.30B | $926.15M | $898.54M | $305.45M | $565.13M | $1.02B | $529.13M | $392.66M | $347.49M | $-205.85M | $-401.34M | $-144.20M | $8.19M | $-306.88M | $-348.58M | $-574.04M | $317.10M | $603.72M | $286.17M | $229.86M |
| Gross margin | 51.2% | 43.8% | 40.7% | 39.1% | 38.6% | 39.8% | 19.4% | 14.5% | 10.9% | -10.9% | -43.8% | -6.1% | 0.2% | -12.4% | -31.0% | -42.3% | 12.0% | 14.6% | 5.3% | 4.8% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.44M | $3.84M | $3.41M | $1.37M | $992000.00 | $992000.00 | — | — |
| SG&A | $55.06M | $64.62M | $68.19M | $56.62M | $53.04M | $64.27M | $64.47M | $73.85M | $80.14M | $87.17M | $69.20M | $105.85M | $134.07M | $133.51M | $97.61M | $92.38M | $116.59M | $169.96M | $268.34M | $255.07M |
| Operating income | $1.04B | $670.28M | $541.53M | $-48.21M | $200.93M | $525.60M | $497.36M | $322.19M | $283.13M | $-406.97M | $-456.23M | $-292.54M | $-322.18M | $-461.58M | $-892.26M | $-677.75M | $-273.76M | $351.95M | $-889.74M | $-25.21M |
| Operating margin | 40.8% | 31.7% | 24.5% | -6.2% | 13.7% | 20.5% | 18.3% | 11.9% | 8.9% | -21.5% | -49.8% | -12.4% | -9.7% | -18.7% | -79.4% | -49.9% | -10.3% | 8.5% | -16.5% | -0.5% |
| EBITDA | $1.04B | $670.28M | $809.18M | $242.44M | $537.02M | $963.65M | $1.03B | $922.27M | $1.00B | $449.31M | $212.66M | $465.94M | $535.60M | $548.70M | $-219.34M | $171.38M | $210.19M | $1.09B | $286.89M | $907.78M |
| EBITDA margin | 40.8% | 31.7% | 36.6% | 31.0% | 36.7% | 37.6% | 37.6% | 34.0% | 31.5% | 23.8% | 23.2% | 19.8% | 16.1% | 22.2% | -19.5% | 12.6% | 7.9% | 26.3% | 5.3% | 18.8% |
| EBIT | $842.79M | $421.07M | $540.75M | $-47.41M | $203.53M | $526.37M | $498.42M | $324.80M | $284.11M | $-415.45M | $-455.83M | $-290.33M | $-315.83M | $-455.17M | $-890.25M | $-677.80M | $209.96M | $359.97M | $-884.98M | $-32.48M |
| Interest expense | $1.60M | $2.19M | $639000.00 | $4.15M | $12.77M | $15.65M | $22.75M | $28.36M | $29.82M | $36.48M | $40.37M | $37.47M | $51.58M | $75.20M | $40.77M | $41.98M | $40.26M | $52.87M | $71.96M | $70.51M |
| Income tax | $371.27M | $232.17M | $195.88M | $-17.59M | $72.86M | $187.94M | $176.20M | $108.43M | $91.62M | $-147.96M | $-177.56M | $-333.71M | $-45.99M | $-104.67M | $-127.33M | $-62.70M | $13.20M | $61.15M | $9.45M | $-9.94M |
| Effective tax rate | 35.5% | 34.6% | 36.1% | 31.5% | 38.4% | 36.8% | 37.0% | 36.6% | 36.0% | 33.4% | 35.8% | 101.8% | 12.5% | 19.7% | 13.7% | 8.7% | 7.9% | 19.9% | -1.0% | 9.6% |
| Net income | $673.25M | $438.64M | $347.07M | $-38.29M | $116.94M | $322.41M | $299.48M | $188.01M | $162.66M | $-294.49M | $-318.63M | $5.91M | $-321.42M | $-425.70M | $-803.69M | $-654.54M | $154.66M | $246.29M | $-968.03M | $-93.64M |
| Net income growth (YoY) | — | -34.8% | -20.9% | -111.0% | +405.4% | +175.7% | -7.1% | -37.2% | -13.5% | -281.0% | -8.2% | +101.9% | -5538.6% | -32.4% | -88.8% | +18.6% | +123.6% | +59.2% | -493.0% | +90.3% |
| Profit margin | 26.4% | 20.7% | 15.7% | -4.9% | 8.0% | 12.6% | 11.0% | 6.9% | 5.1% | -15.6% | -34.8% | 0.3% | -9.7% | -17.2% | -71.5% | -48.2% | 5.8% | 5.9% | -18.0% | -1.9% |