PTEN Financials Patterson Uti Energy Inc

13 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 41 d ago Overview →

Growth & profitability

Revenue has grown 33.6% per year over the past 5 years.
Operating margin has expanded, at -0.9% in the latest year.
Free cash flow has grown 22.8% per year over the past 5 years.

Financial health

Total debt ($1.2B) exceeds cash ($419M); net debt is $809M.
Total debt has grown slower than revenue (6.2% vs 33.6% per year).
Operating income covered interest expense -0.6× in the latest year.

Shareholder returns

Dividends have been paid for 13 consecutive years, consuming 32.9% of free cash flow.
The dividend has grown 45.4% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$4.8B	-$93M	0.0%	-0.9%	-2.9%	-1.7%	$372M	$1.2B	$419M
2024	$5.3B	-$966M	0.0%	-16.7%	-27.9%	-16.6%	$497M	$1.2B	$239M
2023	$4.1B	$246M	0.0%	8.6%	5.1%	3.3%	$390M	$1.2B	$190M
2022	$2.6B	$155M	0.0%	8.2%	9.3%	4.9%	$129M	$836M	$138M
2021	$1.4B	-$655M	0.0%	-49.9%	-40.7%	-22.1%	-$71M	$859M	$118M
2020	$1.1B	-$804M	0.0%	-79.4%	-39.9%	-24.4%	$133M	$909M	$225M
2019	$2.5B	-$426M	0.0%	-18.7%	-15.0%	-9.6%	$349M	$975M	$174M
2018	$3.3B	-$321M	0.0%	-9.7%	-9.2%	-5.9%	$89M	$1.1B	$245M
2017	$2.4B	$6M	0.0%	-12.4%	0.1%	0.1%	-$266M	$868M	$43M
2016	$916M	-$319M	0.0%	-49.8%	-14.2%	-8.4%	$185M	$600M	$35M
2015	—	-$294M	—	—	-11.5%	-6.6%	—	$855M	$113M
2014	—	$163M	—	—	5.6%	3.0%	—	$986M	$43M
2013	—	$188M	—	—	6.8%	4.0%	$226M	$693M	$250M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$1.2B	-$20M	0.0%	-0.6%	-0.6%	-0.4%	-$100M	$1.2B	$201M
Mar '26	$1.1B	-$25M	0.0%	-1.3%	-0.8%	-0.5%	-$53M	$1.2B	$335M
Dec '25	$1.1B	-$9M	0.0%	-0.0%	-0.3%	-0.2%	$259M	$1.2B	$419M
Sep '25	$1.2B	-$36M	0.0%	-2.4%	-1.1%	-0.7%	$71M	$1.2B	$185M
Jun '25	$1.2B	-$49M	0.0%	-2.4%	-1.5%	-0.9%	-$4M	$1.2B	$184M
Mar '25	$1.3B	$1M	0.0%	1.3%	0.0%	0.0%	$46M	$1.2B	$223M
Dec '24	$1.1B	-$52M	0.0%	-2.7%	-1.5%	-0.9%	$175M	$1.2B	$239M
Sep '24	$1.3B	-$979M	0.0%	-73.8%	-27.5%	-16.4%	$116M	$1.2B	$113M
Jun '24	$1.3B	$11M	0.0%	3.4%	0.2%	0.2%	$67M	$1.2B	$72M
Mar '24	$1.5B	$51M	0.0%	5.8%	1.1%	0.7%	$139M	$1.2B	$168M
Dec '23	$1.6B	$62M	0.0%	7.1%	1.3%	0.8%	$247M	$1.2B	$190M
Sep '23	$1.0B	$50000	0.0%	1.0%	0.0%	0.0%	-$4M	$1.2B	$62M
Jun '23	$759M	$85M	0.0%	13.8%	4.9%	2.7%	$30M	$827M	$150M
Mar '23	$792M	$100M	0.0%	15.9%	6.0%	3.2%	$117M	$827M	$157M
Dec '22	$788M	$100M	0.0%	14.8%	6.0%	3.2%	$184M	$836M	$138M
Sep '22	$728M	$61M	0.0%	10.5%	3.8%	2.0%	$52M	$859M	$43M
Jun '22	$622M	$22M	0.0%	5.9%	1.4%	0.7%	-$45M	$884M	$20M
Mar '22	$509M	-$29M	0.0%	-3.7%	-1.8%	-1.0%	-$61M	$859M	$48M
Dec '21	$466M	-$362M	0.0%	-77.3%	-22.5%	-12.2%	-$32M	$859M	$118M
Sep '21	$358M	-$83M	0.0%	-25.2%	-4.8%	-2.8%	-$27M	$909M	$191M

Valuation over time

How the market has priced PTEN against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 28.8× (Mar '23) to 13.0× (Nov '24).
The price-to-sales ratio has fallen from 1.7× (Mar '23) to 1.0× (Sep '26).
The dividend yield has risen from 1.0% (Mar '23) to 2.6% (Sep '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is PTEN growing its revenue and profit?

Over the past 5 years, Patterson Uti Energy Inc's revenue has grown 33.6% per year. These are computed facts, not advice.

How much debt does PTEN have?

As of FY2025, Patterson Uti Energy Inc reported $1.2B of total debt against $419M of cash; operating income covered interest expense -0.6×.

What is PTEN's profit margin?

In FY2025, gross margin was —, operating margin -0.9%, and net margin -1.9%.

What is PTEN's P/E ratio?

As of Sep '26, Patterson Uti Energy Inc traded at a price-to-earnings ratio of about 13.0× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.