PATTERSON UTI ENERGY INC (PTEN)

12.43 +1.39% (+0.17)

Over 5Y: +96.1%

2026-08-28
5 10 15
2021 2022 2023 2024 2025 2026

Financials Quarterly

Q3 '21 — Revenue: 357.9M Q3 '21 — Operating Cash Flow: 7.4M Q3 '21 — Free Cash Flow: -26.9M Q3 '21 — Net Income: -83M Q4 '21 — Revenue: 466.5M Q4 '21 — Operating Cash Flow: 43.9M Q4 '21 — Free Cash Flow: -31.6M Q4 '21 — Net Income: -361.8M Q1 '22 — Revenue: 509.4M Q1 '22 — Operating Cash Flow: 33.7M Q1 '22 — Free Cash Flow: -61.2M Q1 '22 — Net Income: -28.8M Q2 '22 — Revenue: 622.2M Q2 '22 — Operating Cash Flow: 51.3M Q2 '22 — Free Cash Flow: -45M Q2 '22 — Net Income: 21.9M Q3 '22 — Revenue: 727.5M Q3 '22 — Operating Cash Flow: 178.2M Q3 '22 — Free Cash Flow: 51.9M Q3 '22 — Net Income: 61.5M Q4 '22 — Revenue: 708.1M Q4 '22 — Operating Cash Flow: 302.9M Q4 '22 — Free Cash Flow: 183.7M Q4 '22 — Net Income: 100.1M Q1 '23 — Revenue: 791.8M Q1 '23 — Operating Cash Flow: 234.3M Q1 '23 — Free Cash Flow: 116.7M Q1 '23 — Net Income: 99.7M Q2 '23 — Revenue: 758.9M Q2 '23 — Operating Cash Flow: 162.9M Q2 '23 — Free Cash Flow: 30.5M Q2 '23 — Net Income: 84.6M Q3 '23 — Revenue: 1B Q3 '23 — Operating Cash Flow: 156.1M Q3 '23 — Free Cash Flow: -4.3M Q3 '23 — Net Income: 50K Q4 '23 — Revenue: 1.6B Q4 '23 — Operating Cash Flow: 452.6M Q4 '23 — Free Cash Flow: 247.4M Q4 '23 — Net Income: 62M Q1 '24 — Revenue: 1.5B Q1 '24 — Operating Cash Flow: 365.9M Q1 '24 — Free Cash Flow: 138.9M Q1 '24 — Net Income: 51.2M Q2 '24 — Revenue: 1.3B Q2 '24 — Operating Cash Flow: 197.5M Q2 '24 — Free Cash Flow: 67M Q2 '24 — Net Income: 11.1M Q3 '24 — Revenue: 1.4B Q3 '24 — Operating Cash Flow: 296.3M Q3 '24 — Free Cash Flow: 115.7M Q3 '24 — Net Income: -978.8M Q4 '24 — Revenue: 1.2B Q4 '24 — Operating Cash Flow: 315.8M Q4 '24 — Free Cash Flow: 175.5M Q4 '24 — Net Income: -51.6M Q1 '25 — Revenue: 1.3B Q1 '25 — Operating Cash Flow: 208.1M Q1 '25 — Free Cash Flow: 46.3M Q1 '25 — Net Income: 1M Q2 '25 — Revenue: 1.2B Q2 '25 — Operating Cash Flow: 139.7M Q2 '25 — Free Cash Flow: -4.5M Q2 '25 — Net Income: -49.1M Q3 '25 — Revenue: 1.2B Q3 '25 — Operating Cash Flow: 215.8M Q3 '25 — Free Cash Flow: 71.3M Q3 '25 — Net Income: -36.4M Q4 '25 — Revenue: 1.2B Q4 '25 — Operating Cash Flow: 397.5M Q4 '25 — Free Cash Flow: 259M Q4 '25 — Net Income: -9.1M Q1 '26 — Revenue: 1.1B Q1 '26 — Operating Cash Flow: 63.9M Q1 '26 — Free Cash Flow: -52.8M Q1 '26 — Net Income: -24.6M Q2 '26 — Revenue: 1.2B Q2 '26 — Operating Cash Flow: 56.1M Q2 '26 — Free Cash Flow: -99.8M Q2 '26 — Net Income: -19.6M -600M 0 600M 1.2B 1.8B
Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26
Revenue Operating Cash Flow Free Cash Flow Net Income

Figures as at 2026-06-30, reported in USD. The newest fact in the filings is dated 2026-06-30, 61 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

2.8
SBC / sales 0.65%
OE margin 3.2%
Oper. margin -1.1%
ROIC -0.95%
Accruals -15.3%
OCF margin 15.7%
FCF margin 3.8%
ROA -1.7%
ROCE -1.1%
ROE -2.9%
Gross margin —
OCF / EBIT —

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

3.2
RPO / sales 0.078×
RPO growth 17.0%
Segment HHI 0.47 HHI

3 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

3.0
ND/EBITDA —
Interest cover -0.68×
Net debt / Eq 0.33×
Quick ratio 1.6×
Debt / Eq 0.4×
Cash / Debt 0.16×
Debt payback 5.8 yr
F-score 5.6 pts
Cash runway —
Payout —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

4.0
Sales CAGR 4Y +37.3%
Sales/sh Y/Y -3.6%
Div. growth -3.4%
Sales Q/Q +0.71%
EBIT CAGR —
EBIT Y/Y —
EPS CAGR 4Y —
EPS Y/Y —
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.