Patterson-UTI Energy, Inc. (PTEN)
NASDAQ: PTEN · Real-Time Price · USD
10.69
+0.27 (2.54%)
Nov 12, 2026, 1:54 PM EST - Market open
Patterson-UTI Energy Balance Sheet
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Cash & Equivalents | 337.13 | 418.51 | 239.18 | 190.11 | 137.55 | 117.52 |
Cash & Short-Term Investments | 337.13 | 418.51 | 239.18 | 190.11 | 137.55 | 117.52 |
Cash Growth | 82.45% | 74.97% | 25.81% | 38.21% | 17.04% | -47.75% |
Accounts Receivable | 945.66 | 723.28 | 763.81 | 971.09 | 565.52 | 356.08 |
Other Receivables | 36.1 | 52.69 | 58.02 | 57.96 | 45.95 | 0.07 |
Receivables | 981.76 | 775.96 | 821.82 | 1,029 | 611.47 | 356.15 |
Inventory | 143.85 | 160.28 | 167.02 | 180.81 | 65.38 | 42.36 |
Prepaid Expenses | 41.23 | 34.83 | 34 | 46.39 | 11.96 | - |
Restricted Cash | 2.18 | 2.14 | 2.11 | 2.57 | - | - |
Other Current Assets | 11.43 | 26.38 | 31.17 | 36.77 | 3.06 | 67.62 |
Total Current Assets | 1,518 | 1,418 | 1,295 | 1,486 | 829.42 | 583.65 |
Property, Plant & Equipment | 2,603 | 2,769 | 3,082 | 3,451 | 2,281 | 2,351 |
Goodwill | 487.39 | 487.39 | 487.39 | 1,380 | - | - |
Other Intangible Assets | 727.87 | 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 | 116.13 | 81.23 | 39.41 | 47.73 | 23.93 | 11.9 |
Total Assets | 5,452 | 5,570 | 5,833 | 7,420 | 3,144 | 2,958 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Accounts Payable | 553.89 | 470.78 | 421.32 | 534.42 | 237.06 | 190.22 |
Accrued Expenses | 289.12 | 285.69 | 305.83 | 328.8 | 193.93 | 170.35 |
Current Portion of Long-Term Debt | - | - | 6.39 | 12.23 | - | - |
Current Portion of Leases | 28.94 | 26.37 | 28.54 | 57.52 | 5.12 | 6.89 |
Current Income Taxes Payable | - | - | - | 3.44 | 4.64 | 0.23 |
Current Unearned Revenue | 4.98 | 79.29 | 75.2 | 98.91 | 110.22 | 60.28 |
Other Current Liabilities | - | 1.51 | 4.72 | 15.11 | - | 7.88 |
Total Current Liabilities | 876.93 | 863.64 | 841.99 | 1,050 | 550.97 | 435.85 |
Long-Term Debt | 1,234 | 1,221 | 1,220 | 1,225 | 830.94 | 852.32 |
Long-Term Leases | 23.62 | 33.06 | 44.52 | 50.8 | 19.59 | 18.11 |
Long-Term Unearned Revenue | 1 | 0.2 | - | - | - | - |
Long-Term Deferred Tax Liabilities | 221.09 | 215.82 | 238.1 | 248.11 | 28.74 | 29.23 |
Other Long-Term Liabilities | 17.87 | 11.99 | 13.24 | 25.07 | 48.07 | 12.84 |
Total Liabilities | 2,375 | 2,346 | 2,358 | 2,599 | 1,478 | 1,348 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Common Stock | 5.27 | 5.24 | 5.21 | 5.17 | 3.02 | 2.99 |
Additional Paid-In Capital | 6,512 | 6,493 | 6,454 | 6,407 | 3,203 | 3,172 |
Retained Earnings | -1,389 | -1,258 | -1,039 | 57.04 | -87.39 | -198.32 |
Treasury Stock | -2,054 | -2,021 | -1,951 | -1,658 | -1,453 | -1,373 |
Comprehensive Income & Other | -2.44 | -1.16 | -2.58 | 0.47 | - | 5.92 |
Total Common Equity | 3,071 | 3,219 | 3,466 | 4,812 | 1,666 | 1,609 |
Minority Interest | 6.01 | 6.18 | 10.02 | 8.39 | - | - |
Shareholders' Equity | 3,077 | 3,225 | 3,476 | 4,821 | 1,666 | 1,609 |
Total Liabilities & Equity | 5,452 | 5,570 | 5,833 | 7,420 | 3,144 | 2,958 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Total Debt | 1,287 | 1,280 | 1,299 | 1,345 | 855.65 | 877.32 |
Net Cash (Debt) | -949.92 | -861.96 | -1,060 | -1,155 | -718.1 | -759.8 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -2.50 | -2.25 | -2.67 | -4.13 | -3.27 | -3.90 |
Filing Date Shares Outstanding | 379.42 | 379.58 | 386.39 | 408.19 | 213.66 | 215.27 |
Total Common Shares Outstanding | 379.42 | 379.3 | 387.34 | 411.2 | 213.57 | 215.14 |
Working Capital | 640.66 | 554.45 | 453.32 | 435.26 | 278.45 | 147.8 |
Book Value Per Share | 8.09 | 8.49 | 8.95 | 11.70 | 7.80 | 7.48 |
Tangible Book Value | 1,856 | 1,916 | 2,049 | 2,381 | 1,660 | 1,602 |
Tangible Book Value Per Share | 4.89 | 5.05 | 5.29 | 5.79 | 7.77 | 7.45 |
Land | 36.29 | 39.59 | 37.85 | 38.81 | 23.61 | 24.56 |
Buildings | 227.88 | 235.62 | 248.74 | 248.69 | 175.21 | 182.28 |
Machinery | 8,079 | 8,380 | 8,552 | 8,626 | 7,551 | 7,742 |
Order Backlog | - | 291 | 426 | - | - | - |