Patterson-UTI Energy, Inc. (FRA:PE1)

Patterson-UTI Energy Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	183.77	239.18	190.11	137.55	117.52	224.92
Cash & Short-Term Investments	183.77	239.18	190.11	137.55	117.52	224.92
Cash Growth	153.67%	25.81%	38.21%	17.04%	-47.75%	29.12%
Accounts Receivable	770.9	763.81	971.09	565.52	356.08	160.21
Other Receivables	54.13	58.02	57.96	45.95	0.07	4.43
Receivables	825.04	821.82	1,029	611.47	356.15	164.64
Inventory	163.69	167.02	180.81	65.38	42.36	33.09
Prepaid Expenses	43.39	34	46.39	11.96	-	-
Restricted Cash	2.12	2.11	2.57	-	-	-
Other Current Assets	23.12	31.17	36.77	3.06	67.62	55.31
Total Current Assets	1,241	1,295	1,486	829.42	583.65	477.96
Property, Plant & Equipment	2,900	3,082	3,451	2,281	2,351	2,778
Goodwill	487.39	487.39	1,380	-	-	-
Other Intangible Assets	871.95	929.61	1,052	5.85	7.54	30.09
Long-Term Deferred Tax Assets	-	-	3.93	3.21	3.98	-
Other Long-Term Assets	75.37	39.41	47.73	23.93	11.9	13.14
Total Assets	5,576	5,833	7,420	3,144	2,958	3,299
Accounts Payable	426.51	421.32	534.42	237.06	190.22	91.02
Accrued Expenses	254.69	305.83	328.8	193.93	170.35	160.69
Current Portion of Long-Term Debt	-	6.39	12.23	-	-	-
Current Portion of Leases	28.31	28.54	57.52	5.12	6.89	7.1
Current Income Taxes Payable	-	-	3.44	4.64	0.23	-
Current Unearned Revenue	4.47	75.2	98.91	110.22	60.28	-
Other Current Liabilities	2.5	4.72	15.11	-	7.88	14.91
Total Current Liabilities	716.47	841.99	1,050	550.97	435.85	273.72
Long-Term Debt	1,220	1,220	1,225	830.94	852.32	901.48
Long-Term Leases	38.16	44.52	50.8	19.59	18.11	19.12
Long-Term Unearned Revenue	0.3	0.4	-	-	-	-
Long-Term Deferred Tax Liabilities	240.14	238.1	248.11	28.74	29.23	77.68
Other Long-Term Liabilities	11.47	12.84	25.07	48.07	12.84	11.01
Total Liabilities	2,227	2,358	2,599	1,478	1,348	1,283
Common Stock	5.23	5.21	5.17	3.02	2.99	2.71
Additional Paid-In Capital	6,475	6,454	6,407	3,203	3,172	2,902
Retained Earnings	-1,150	-1,039	57.04	-87.39	-198.32	472.01
Treasury Stock	-1,987	-1,951	-1,658	-1,453	-1,373	-1,366
Comprehensive Income & Other	-1.03	-2.58	0.47	-	5.92	5.41
Total Common Equity	3,342	3,466	4,812	1,666	1,609	2,016
Minority Interest	6.33	10.02	8.39	-	-	-
Shareholders' Equity	3,349	3,476	4,821	1,666	1,609	2,016
Total Liabilities & Equity	5,576	5,833	7,420	3,144	2,958	3,299
Total Debt	1,287	1,299	1,345	855.65	877.32	927.7
Net Cash (Debt)	-1,103	-1,060	-1,155	-718.1	-759.8	-702.78
Net Cash Per Share	-2.84	-2.67	-4.13	-3.27	-3.90	-3.74
Filing Date Shares Outstanding	385.17	386.39	408.19	213.66	215.27	187.74
Total Common Shares Outstanding	385.16	387.34	411.2	213.57	215.14	187.63
Working Capital	524.65	453.32	435.26	278.45	147.8	204.23
Book Value Per Share	8.68	8.95	11.70	7.80	7.48	10.75
Tangible Book Value	1,983	2,049	2,381	1,660	1,602	1,986
Tangible Book Value Per Share	5.15	5.29	5.79	7.77	7.45	10.58
Land	41.64	37.85	38.81	23.61	24.56	25.78
Buildings	244.51	248.74	248.69	175.21	182.28	193.5
Machinery	8,395	8,552	8,626	7,551	7,742	7,647
Order Backlog	-	426	700	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.