Patterson-UTI Energy Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	418.51	239.18	190.11	137.55	117.52
Cash & Short-Term Investments	418.51	239.18	190.11	137.55	117.52
Cash Growth	74.97%	25.81%	38.21%	17.04%	-47.75%
Accounts Receivable	723.28	763.81	971.09	565.52	356.08
Other Receivables	52.69	58.02	57.96	45.95	0.07
Receivables	775.96	821.82	1,029	611.47	356.15
Inventory	160.28	167.02	180.81	65.38	42.36
Prepaid Expenses	34.83	34	46.39	11.96	-
Restricted Cash	2.14	2.11	2.57	-	-
Other Current Assets	26.38	31.17	36.77	3.06	67.62
Total Current Assets	1,418	1,295	1,486	829.42	583.65
Property, Plant & Equipment	2,769	3,082	3,451	2,281	2,351
Goodwill	487.39	487.39	1,380	-	-
Other Intangible Assets	814.81	929.61	1,052	5.85	7.54
Long-Term Deferred Tax Assets	-	-	3.93	3.21	3.98
Other Long-Term Assets	81.23	39.41	47.73	23.93	11.9
Total Assets	5,570	5,833	7,420	3,144	2,958
Accounts Payable	470.78	421.32	534.42	237.06	190.22
Accrued Expenses	285.69	305.83	328.8	193.93	170.35
Current Portion of Long-Term Debt	-	6.39	12.23	-	-
Current Portion of Leases	26.37	28.54	57.52	5.12	6.89
Current Income Taxes Payable	-	-	3.44	4.64	0.23
Current Unearned Revenue	79.29	75.2	98.91	110.22	60.28
Other Current Liabilities	1.51	4.72	15.11	-	7.88
Total Current Liabilities	863.64	841.99	1,050	550.97	435.85
Long-Term Debt	1,221	1,220	1,225	830.94	852.32
Long-Term Leases	33.06	44.52	50.8	19.59	18.11
Long-Term Unearned Revenue	0.2	-	-	-	-
Long-Term Deferred Tax Liabilities	215.82	238.1	248.11	28.74	29.23
Other Long-Term Liabilities	11.99	13.24	25.07	48.07	12.84
Total Liabilities	2,346	2,358	2,599	1,478	1,348
Common Stock	5.24	5.21	5.17	3.02	2.99
Additional Paid-In Capital	6,493	6,454	6,407	3,203	3,172
Retained Earnings	-1,258	-1,039	57.04	-87.39	-198.32
Treasury Stock	-2,021	-1,951	-1,658	-1,453	-1,373
Comprehensive Income & Other	-1.16	-2.58	0.47	-	5.92
Total Common Equity	3,219	3,466	4,812	1,666	1,609
Minority Interest	6.18	10.02	8.39	-	-
Shareholders' Equity	3,225	3,476	4,821	1,666	1,609
Total Liabilities & Equity	5,570	5,833	7,420	3,144	2,958
Total Debt	1,280	1,299	1,345	855.65	877.32
Net Cash (Debt)	-861.96	-1,060	-1,155	-718.1	-759.8
Net Cash Per Share	-2.25	-2.67	-4.13	-3.27	-3.90
Filing Date Shares Outstanding	379.58	386.39	408.19	213.66	215.27
Total Common Shares Outstanding	379.3	387.34	411.2	213.57	215.14
Working Capital	554.45	453.32	435.26	278.45	147.8
Book Value Per Share	8.49	8.95	11.70	7.80	7.48
Tangible Book Value	1,916	2,049	2,381	1,660	1,602
Tangible Book Value Per Share	5.05	5.29	5.79	7.77	7.45
Land	39.59	37.85	38.81	23.61	24.56
Buildings	235.62	248.74	248.69	175.21	182.28
Machinery	8,380	8,552	8,626	7,551	7,742
Order Backlog	291	426	-	-	-

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