Patterson-UTI Energy Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Revenue	4,663	4,827	5,378	4,146	2,648	1,357
Revenue Growth (YoY)	-9.41%	-10.25%	29.70%	56.61%	95.09%	20.71%
Cost of Revenue	3,544	3,657	3,920	2,811	1,847	1,082
Gross Profit	1,119	1,170	1,458	1,335	801.04	275.13
Selling, General & Admin	256.91	255.07	268.34	169.96	116.59	92.38
Depreciation & Amortization Expenses	926.79	940.26	1,172	731.42	483.95	849.18
Other Operating Expenses	7.57	15.62	907.57	81.81	-10.52	11.32
Total Operating Expenses	1,191	1,211	2,348	983.18	590.01	952.88
Operating Income	-72.09	-40.83	-889.74	351.95	211.03	-677.75
Interest Income	7.95	6.65	5.73	6.12	0.36	0.22
Interest Expense	-70.3	-70.51	-71.96	-52.87	-40.26	-41.98
Other Non-Operating Income (Expense)	0.7	1.7	-0.98	1.9	-3.27	-0.28
Total Non-Operating Income (Expense)	-61.65	-62.16	-67.21	-44.85	-43.17	-42.03
Pretax Income	-133.74	-102.99	-956.95	307.1	167.86	-719.78
Provision for Income Taxes	-14.92	-9.94	9.45	61.15	13.2	-62.7
Net Income	-119.27	-93.64	-968.03	246.29	154.66	-652.01
Minority Interest in Earnings	0.45	0.58	1.63	-0.34	-	-
Earnings From Discontinued Operations	-	-	-	-	-	2.53
Net Income to Common	-119.27	-93.64	-968.03	246.29	154.66	-652.01
Net Income Growth	-	-	-	59.25%	-	-
Shares Outstanding (Basic)	382	383	397	280	216	195
Shares Outstanding (Diluted)	382	383	397	280	219	195
Shares Change (YoY)	-2.60%	-3.46%	41.83%	27.59%	12.55%	3.73%
EPS (Basic)	-0.31	-0.24	-2.44	0.88	0.72	-3.36
EPS (Diluted)	-0.31	-0.24	-2.44	0.88	0.70	-3.36
EPS Growth	-	-	-	25.71%	-	-
Shares Outstanding	379.6	379.3	387.35	411.2	213.57	215.14
Free Cash Flow	273.11	372.19	497.15	390.22	129.39	-70.82
Free Cash Flow Growth	-26.62%	-25.14%	27.40%	201.58%	-	-
Free Cash Flow Per Share	0.72	0.97	1.25	1.39	0.59	-0.36
Dividends Per Share	0.340	0.320	0.320	0.320	0.200	0.080
Dividend Growth	6.25%	-	-	60.00%	150.00%	-20.00%
Gross Margin	24.00%	24.24%	27.11%	32.20%	30.26%	20.27%
Operating Margin	-1.55%	-0.85%	-16.54%	8.49%	7.97%	-49.94%
Profit Margin	-2.55%	-1.93%	-17.97%	5.93%	5.84%	-48.23%
FCF Margin	5.86%	7.71%	9.24%	9.41%	4.89%	-5.22%
EBITDA	854.7	899.43	282.14	1,083	694.98	171.43
EBITDA Margin	18.33%	18.63%	5.25%	26.13%	26.25%	12.63%
EBIT	-72.09	-40.83	-889.74	351.95	211.03	-677.75
EBIT Margin	-1.55%	-0.85%	-16.54%	8.49%	7.97%	-49.94%
Effective Tax Rate	11.16%	9.65%	-0.99%	19.91%	7.87%	8.71%

Updated Apr 28, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

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