Patterson Uti Energy Inc (PTEN) Financial Statements
Industry: Drilling Oil & Gas Wells
In fiscal 2025, Patterson Uti Energy reported revenue of $4.83B, down 10.3% from $5.38B the year before. Net income was -$93.6M (a -1.9% net margin), or -$0.24 per diluted share. Gross margin was -0.8% and operating margin was -0.8%. Operating activities generated $961.2M of cash, leaving $372.2M of free cash flow. At fiscal year end, Patterson Uti Energy held $5.57B in total assets against $2.35B in total liabilities, including $418.5M of cash and equivalents.
Open the full interactive Patterson Uti Energy financials → Quarterly statements, key ratios, valuation history and price charts.
Patterson Uti Energy Key Stats
| Share Price | $11.52 |
|---|---|
| Market Cap | $4.38B |
| Dividend Yield | 3.12% |
| Revenue YoY Growth | -10.2% |
| 52-Week Range | $5.18 – $13.15 |
| Shares Outstanding | 380.2 million (basic, 2026 Q2) |
Patterson Uti Energy Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.12B | $1.36B | $2.65B | $4.15B | $5.38B | $4.83B |
| Cost of Goods Sold | $2.02B | $2.03B | $2.44B | $3.79B | $6.27B | $4.87B |
| Gross Profit | -$892.3M | -$677.8M | $211.0M | $352.0M | -$889.7M | -$40.8M |
| Operating Income | -$892.3M | -$677.8M | $211.0M | $352.0M | -$889.7M | -$40.8M |
| Pre-Tax Income | -$931.0M | -$719.8M | $167.9M | $307.1M | -$956.9M | -$103.0M |
| Income Tax | -$127.3M | -$62.7M | $13.2M | $61.2M | $9.5M | -$9.9M |
| Net Income | -$803.7M | -$654.5M | $154.7M | $246.3M | -$968.0M | -$93.6M |
| Diluted EPS | -$4.27 | -$3.36 | $0.70 | $0.88 | -$2.44 | -$0.24 |
Patterson Uti Energy Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.18B | $1.15B | $1.12B | $1.23B |
| Net Income | -$36.4M | -$9.1M | -$24.6M | -$19.6M |
| Diluted EPS | -$0.10 | -$0.02 | -$0.06 | -$0.05 |
Patterson Uti Energy Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $224.9M | $117.5M | $137.6M | $192.7M | $239.2M | $418.5M |
| Current Assets | $478.0M | $583.7M | $829.4M | $1.49B | $1.30B | $1.42B |
| Total Assets | $3.30B | $2.96B | $3.14B | $7.42B | $5.83B | $5.57B |
| Current Liabilities | $273.7M | $435.9M | $551.0M | $1.05B | $842.0M | $863.6M |
| Total Long-Term Debt | $908.8M | $858.8M | $836.4M | $1.24B | $1.23B | $1.23B |
| Total Liabilities | $1.28B | $1.35B | $1.48B | $2.60B | $2.36B | $2.35B |
| Shareholders' Equity | $2.02B | $1.61B | $1.67B | $4.81B | $3.47B | $3.22B |
Patterson Uti Energy Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $278.9M | $95.5M | $566.2M | $1.01B | $1.18B | $961.2M |
| Cash From Investing | -$125.0M | -$131.6M | -$413.2M | -$1.02B | -$654.7M | -$567.2M |
| Cash From Financing | -$103.2M | -$71.9M | -$133.4M | $65.6M | -$475.0M | -$210.7M |
| Free Cash Flow | $133.4M | -$70.8M | $129.4M | $390.2M | $497.1M | $372.2M |
| Dividends Paid | $18.9M | $15.6M | $43.1M | $100.0M | $126.8M | $122.5M |
Figures from Patterson Uti Energy's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Patterson Uti Energy financials page for every line item.
Patterson Uti Energy Company Profile
| Ticker | PTEN |
|---|---|
| Exchange | Nasdaq |
| Industry | Drilling Oil & Gas Wells |
| Headquarters | Houston, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000889900 |
Frequently Asked Questions
What was Patterson Uti Energy's revenue in fiscal 2025?
Patterson Uti Energy (PTEN) reported revenue of $4.83B for fiscal 2025.
What is Patterson Uti Energy's annual revenue history?
Patterson Uti Energy's annual revenue by fiscal year: 2020: $1.12B; 2021: $1.36B; 2022: $2.65B; 2023: $4.15B; 2024: $5.38B; 2025: $4.83B.
What was Patterson Uti Energy's net income in fiscal 2025?
Patterson Uti Energy reported net income of -$93.6M for fiscal 2025.
What was Patterson Uti Energy's earnings per share (EPS) in fiscal 2025?
Patterson Uti Energy's diluted EPS was -$0.24 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Patterson Uti Energy generate in fiscal 2025?
Patterson Uti Energy generated $372.2M of free cash flow in fiscal 2025.
What was Patterson Uti Energy's revenue last quarter?
In its most recent reported quarter (2026 Q2), Patterson Uti Energy reported revenue of $1.23B.
How much debt does Patterson Uti Energy have?
Patterson Uti Energy reported $1.23B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Patterson Uti Energy are outstanding?
Patterson Uti Energy reported a weighted average of 380.2 million basic shares outstanding in 2026 Q2.
What is Patterson Uti Energy's market cap?
Based on its latest closing price, Patterson Uti Energy (PTEN) has a market capitalization of about $4.38B.
When does Patterson Uti Energy's fiscal year end?
Patterson Uti Energy's fiscal year end, as registered with the SEC, is December 31.
Where is Patterson Uti Energy headquartered?
Patterson Uti Energy lists its business address in Houston, Texas in its SEC filings.