PTEN
$11.50+1.68%
Patterson-UTI Energy Inc.Stock · EnergyRussell 2000 0.10%Nasdaq Composite 0.01%Russell 3000 0.005%US Stock Market 0.005%
PTEN financial statements
The full income statement, balance sheet, and cash-flow statement for Patterson-UTI Energy Inc. (PTEN), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 393.0M2024-09 390.0M2024-12 386.4M2025-03 386.0M2025-06 385.2M2025-09 379.2M2025-12 379.6M2026-03 379.6M2026-06 381.4M-3.0% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 4.79B-9.8% | 5.31B+30.5% | 4.07B+58.6% | 2.57B+89.2% | 1.36B+20.7% | |
| Selling, general & administrative | 255M-4.9% | 268M+57.9% | 170M+45.8% | 117M+26.2% | 92.4M-5.4% | |
| Amortization of intangibles | 126M+1.6% | 124M+198.8% | 41.5M+3092.3% | 1.30M-94.6% | 24.0M+24.4% | |
| Provision for credit losses | — | — | 842K | 0.00+100.0% | -1.50M-126.8% | |
| Operating income | -40.8M+95.4% | -890M-352.8% | 352M+66.8% | 211M+131.1% | -678M+24.0% | |
| Interest expense | 70.5M-2.0% | 72.0M+36.1% | 52.9M+31.3% | 40.3M-4.1% | 42.0M+3.0% | |
| Interest & investment income | 6.65M+16.1% | 5.73M-6.4% | 6.12M+1600.6% | 360K+62.2% | 222K-82.3% | |
| Other non-operating income | 1.70M+274.2% | -975K-151.4% | 1.90M+158.0% | -3.27M-1090.2% | -275K-136.4% | |
| Pre-tax income | -103M+89.2% | -957M-411.6% | 307M+83.0% | 168M+123.3% | -720M+22.7% | |
| Income tax | -9.94M-205.1% | 9.45M-84.5% | 61.2M+363.1% | 13.2M+121.1% | -62.7M+50.8% | |
| -93.6M+90.3% | -968M-493.0% | 246M+59.2% | 155M+123.6% | -655M+18.6% | ||
| Income from continuing operations | — | — | 246M+59.0% | 155M+123.5% | -657M+18.2% | |
| Net income to non-controlling interest | 581K-64.4% | 1.63M+580.0% | -340K | 0.00 | 0.00 | |
| Net income to common | -93.6M+90.3% | -968M-493.0% | 246M+59.2% | 155M+123.6% | -655M+18.6% | |
| -$0.24+90.2% | -$2.44-377.3% | $0.88+25.7% | $0.70+120.8% | -$3.36+21.3% | ||
| EPS (basic) | -$0.24+90.2% | -$2.44-377.3% | $0.88+22.2% | $0.72+121.4% | -$3.36+21.3% | |
| Weighted-avg shares (basic) | 383M-3.5% | 397M+42.1% | 280M+29.4% | 216M+10.7% | 195M+3.7% | |
| Weighted-avg shares (diluted) | 383M-3.5% | 397M+41.8% | 280M+27.6% | 219M+12.5% | 195M+3.7% | |
| Dividends per share | $0.32+0.0% | $0.32+0.0% | $0.32+60.0% | $0.20+150.0% | $0.08-20.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.42B+9.5% | 1.30B-12.8% | 1.49B+79.1% | 829M+42.1% | 584M+22.1% | ||
| Cash & equivalents | 419M+75.0% | 239M+25.8% | 190M+38.2% | 138M+17.0% | 118M-47.7% | |
| Accounts receivable | 723M-5.3% | 764M-21.3% | 971M+71.7% | 566M+58.8% | 356M+122.3% | |
| Inventory | 160M-4.0% | 167M-7.6% | 181M+176.6% | 65.4M+54.3% | 42.4M+28.0% | |
| Prepaid expenses | 114M+234.9% | 34.0M-26.7% | 46.4M+287.9% | 12.0M | — | |
| Other current assets | 114M-7.5% | 123M-12.7% | 141M+131.5% | 61.0M-9.8% | 67.6M+22.2% | |
| 5.57B-4.5% | 5.83B-21.4% | 7.42B+136.0% | 3.14B+6.3% | 2.96B-10.3% | ||
| Property, plant & equipment | 2.71B-9.9% | 3.01B-9.9% | 3.34B+47.8% | 2.26B-3.1% | 2.33B-15.5% | |
| Operating lease right-of-use | 43.0M-3.2% | 44.4M-6.8% | 47.6M+128.4% | 20.8M+9.6% | 19.0M+12.9% | |
| Goodwill | 487M+0.0% | 487M-64.7% | 1.38B | 0.00 | 0.00 | |
| Intangible assets | 815M-12.3% | 930M-11.6% | 1.05B+17893.1% | 5.84M-22.4% | 7.54M-74.9% | |
| Deferred tax assets | — | 0.00-100.0% | 3.93M+22.3% | 3.21M-19.2% | 3.98M | |
| Other non-current assets | 69.5M+193.0% | 23.7M+22.1% | 19.4M+78.5% | 10.9M-1.6% | 11.1M-3.2% | |
| 864M+2.6% | 842M-19.8% | 1.05B+90.7% | 551M+26.4% | 436M+59.2% | ||
| Accounts payable | 471M+11.7% | 421M-21.2% | 534M+125.4% | 237M+24.6% | 190M+109.0% | |
| Accrued liabilities | 366M-5.0% | 386M-13.6% | 446M+44.5% | 309M+29.5% | 239M+35.8% | |
| Deferred revenue | 79.3M+5.4% | 75.2M-24.0% | 98.9M | — | — | |
| Short-term & current debt | 0.00-100.0% | 6.39M-47.8% | 12.2M | 0.00 | — | |
| Current lease liability | 18.7M+40.0% | 13.3M-1.6% | 13.5M+164.3% | 5.12M-25.7% | 6.89M-2.9% | |
| Finance lease liability (current) | 7.72M-49.3% | 15.2M-65.4% | 44.0M | 0.00 | — | |
| 2.35B-0.5% | 2.36B-9.3% | 2.60B+75.8% | 1.48B+9.6% | 1.35B+5.1% | ||
| Long-term debt | 1.22B+0.1% | 1.22B-0.4% | 1.22B+47.4% | 831M-2.5% | 852M-5.5% | |
| Deferred revenue (non-current) | 200K-50.0% | 400K | — | — | — | |
| Non-current lease liability | 27.6M-19.5% | 34.3M-9.4% | 37.8M+93.2% | 19.6M+8.2% | 18.1M-5.3% | |
| Operating lease liability (total) | 46.3M-2.9% | 47.6M-7.3% | 51.4M+107.9% | 24.7M-1.1% | 25.0M-4.6% | |
| Finance lease liability (total) | 13.2M-48.2% | 25.4M-55.3% | 56.9M | — | — | |
| Finance lease liability | 5.45M-46.6% | 10.2M-21.1% | 13.0M | 0.00 | — | |
| Deferred tax liabilities | 216M-9.4% | 238M-4.0% | 248M+763.3% | 28.7M-1.7% | 29.2M-62.4% | |
| Other non-current liabilities | 12.2M-7.9% | 13.2M-47.2% | 25.1M-47.8% | 48.1M+274.3% | 12.8M+16.6% | |
| 3.22B-7.1% | 3.47B-28.0% | 4.81B+188.9% | 1.67B+3.5% | 1.61B-20.2% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 5.24M+0.6% | 5.21M+0.8% | 5.17M+70.9% | 3.02M+1.0% | 2.99M+10.4% | |
| Additional paid-in capital | 6.49B+0.6% | 6.45B+0.7% | 6.41B+100.0% | 3.20B+1.0% | 3.17B+9.3% | |
| Retained earnings | -1.26B-21.0% | -1.04B-1922.3% | 57.0M+165.3% | -87.4M+55.9% | -198M-142.0% | |
| Treasury stock | 2.02B+3.6% | 1.95B+17.7% | 1.66B+14.1% | 1.45B+5.9% | 1.37B+0.5% | |
| Accumulated other comprehensive income | -1.16M+55.3% | -2.58M-647.5% | 472K | 0.00-100.0% | 5.92M+9.3% | |
| Non-controlling interest | 6.18M-38.4% | 10.0M+19.5% | 8.39M | 0.00 | — | |
| Total equity incl. non-controlling | 3.22B-7.2% | 3.48B-27.9% | 4.82B+189.4% | 1.67B+3.5% | 1.61B-20.2% | |
| Total liabilities & equity | 5.57B-4.5% | 5.83B-21.4% | 7.42B+136.0% | 3.14B+6.3% | 2.96B-10.3% | |
| Common shares issued | 524M+0.6% | 521M+0.8% | 517M+70.9% | 302M+1.0% | 299M+10.4% | |
| Common shares outstanding | 379M-2.1% | 387M-5.8% | 411M+92.5% | 214M-0.7% | 215M+14.7% | |
| Shares outstanding (cover) | 380M-1.8% | 386M-5.3% | 408M+91.1% | 214M-0.7% | 215M+14.7% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 961M-18.2% | 1.18B+16.9% | 1.01B+77.7% | 566M+492.9% | 95.5M-65.8% | ||
| Intangible amortization | 126M+1.6% | 124M+198.8% | 41.5M+3092.3% | 1.30M-94.6% | 24.0M+24.4% | |
| Share-based compensation | 39.3M-15.2% | 46.4M-0.9% | 46.8M+121.6% | 21.1M-2.1% | 21.6M-18.9% | |
| Deferred income taxes | -21.7M-1128.2% | -1.76M-103.4% | 51.9M+641.2% | 7.00M+111.1% | -63.0M+49.7% | |
| Change in receivables | -40.6M+80.1% | -204M-140.9% | -84.5M-140.4% | 209M+42.0% | 147M+184.8% | |
| Change in inventory | 1.77M-84.5% | 11.5M-62.8% | 30.8M+33.0% | 23.2M+787.5% | 2.61M | |
| Change in payables | 71.3M+163.2% | -113M-61.9% | -69.7M-278.9% | 39.0M-23.5% | 50.9M+209.4% | |
| -567M+13.4% | -655M+35.7% | -1.02B-146.3% | -413M-214.0% | -132M-5.3% | ||
| Capital expenditure | 589M-13.2% | 678M+10.2% | 616M+41.0% | 437M+162.6% | 166M+14.3% | |
| Free cash flow | 372M-25.1% | 497M+27.4% | 390M+201.6% | 129M+282.7% | -70.8M-153.1% | |
| Acquisitions | 0.00 | 0.00-100.0% | 65.2M | 0.00-100.0% | 29.4M | |
| -211M+55.6% | -475M-824.4% | 65.6M+149.2% | -133M-85.4% | -71.9M+30.3% | ||
| Long-term debt issued | 0.00 | 0.00-100.0% | 396M | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 69.6M-76.0% | 290M+44.7% | 201M+186.4% | 70.1M+1007.3% | 6.33M-70.1% | |
| Dividends paid | 122M-3.4% | 127M+26.7% | 100M+132.1% | 43.1M+176.2% | 15.6M-17.3% | |
| Other financing activities | -10.8M+12.0% | -12.3M-93.6% | -6.35M-1295.4% | -455K | 0.00 | |
| FX effect on cash | — | — | — | — | 640K+32100.0% | |
| Net change in cash | 179M+268.9% | 48.6M-11.8% | 55.1M+175.2% | 20.0M+118.7% | -107M-311.7% | |
| Interest paid | 66.9M-2.4% | 68.6M+73.1% | 39.6M-0.6% | 39.9M-1.5% | 40.5M-6.7% | |
| Income taxes paid | 8.12M-45.0% | 14.8M-45.6% | 27.2M+1880.4% | -1.53M-136.4% | 4.20M+13.1% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 2.32B-27.3% | 3.19B-29.2% | 4.51B+23.4% | 3.65B+100.7% | 1.82B+84.2% | |
| P/E | — | — | 15.8× | — | — | |
| P/S | 0.5×-19.5% | 0.6×-56.4% | 1.4×-12.2% | 1.6×+17.1% | 1.3×+52.6% | |
| P/B | 0.7×-21.8% | 0.9×-0.9% | 0.9×-58.4% | 2.2×+97.7% | 1.1×+130.7% | |
| P/FCF | 6.2×-2.9% | 6.4×-53.5% | 13.8× | — | — | |
| Earnings yield | — | — | 6.3% | — | — | |
| FCF yield | 16.0%+3.0% | 15.6%+115.0% | 7.2% | — | — | |
| Dividend yield | 5.2%+35.2% | 3.9%+30.8% | 3.0%+149.5% | 1.2%+25.4% | 0.95%-50.2% | |
| Source filing | 10-K | 10-K | 10-K | 10-K/A | 10-K |
About this data
Source: PTEN’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all PTEN filings on SEC EDGAR → Not investment advice.