Patterson-UTI Energy, Inc. (PTEN)
NASDAQ: PTEN · Real-Time Price · USD
10.69
+0.27 (2.59%)
Nov 12, 2026, 1:54 PM EST - Market open
Patterson-UTI Energy Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
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 |
Net Income | -24.97 | -93.64 | -968.03 | 246.29 | 154.66 | -654.55 |
Depreciation & Amortization | 878.72 | 940.26 | 1,058 | 731.42 | 483.95 | 583.08 |
Loss (Gain) From Sale of Assets | -19.22 | -0.69 | -3.69 | -1.8 | -12.08 | -1.43 |
Asset Writedown & Restructuring Costs | -0.02 | - | 999.24 | - | - | 266.1 |
Stock-Based Compensation | 27.46 | 39.29 | 46.35 | 46.75 | 21.1 | 21.56 |
Other Operating Activities | 6.71 | -20.36 | 7.8 | 50.47 | 5.49 | -63.46 |
Change in Accounts Receivable | -146.07 | 40.58 | 203.65 | 84.54 | -209.23 | -147.36 |
Change in Inventory | -32.43 | -1.78 | -11.46 | -30.79 | -23.15 | -2.61 |
Change in Accounts Payable | 82.96 | 71.29 | -112.86 | -69.73 | 38.99 | 50.94 |
Change in Other Net Operating Assets | 45.27 | -13.74 | -43.34 | -51.24 | 106.46 | 43.73 |
Operating Cash Flow | 818.4 | 961.22 | 1,176 | 1,006 | 566.19 | 95.5 |
Operating Cash Flow Growth | -6.95% | -18.23% | 16.86% | 77.66% | 492.89% | -65.75% |
Investing Activities
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 |
Capital Expenditures | -552.42 | -589.03 | -678.39 | -615.69 | -436.8 | -166.32 |
Sale of Property, Plant & Equipment | 71.54 | 44.12 | 25.83 | 26.47 | 26.07 | 23.34 |
Cash Acquisitions | - | - | 2.98 | -422.5 | - | -29.36 |
Investment in Securities | -10.5 | -10.5 | - | - | - | - |
Other Investing Activities | 4.52 | -11.74 | -5.17 | -5.87 | -2.5 | 40.75 |
Investing Cash Flow | -486.86 | -567.15 | -654.74 | -1,018 | -413.23 | -131.59 |
Financing Activities
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 |
Short-Term Debt Issued | - | - | 50 | 420 | 150 | - |
Long-Term Debt Issued | - | - | - | 396.41 | - | - |
Total Debt Issued | 496.02 | - | 50 | 816.41 | 150 | - |
Short-Term Debt Repaid | - | - | -50 | -420 | -150 | - |
Long-Term Debt Repaid | - | -7.82 | -45.48 | -23.75 | -19.76 | -50 |
Total Debt Repaid | -488.56 | -7.82 | -95.48 | -443.75 | -169.76 | -50 |
Net Debt Issued (Repaid) | 7.45 | -7.82 | -45.48 | 372.66 | -19.76 | -50 |
Repurchase of Common Stock | -33.9 | -69.64 | -290.43 | -200.71 | -70.07 | -6.33 |
Common Dividends Paid | -144.44 | -122.45 | -126.79 | -100.03 | -43.1 | -15.61 |
Other Financing Activities | -2.87 | -10.82 | -12.29 | -6.35 | -0.46 | - |
Financing Cash Flow | -173.75 | -210.73 | -474.99 | 65.57 | -133.38 | -71.93 |
Net Cash Flow
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 |
Foreign Exchange Rate Adjustments | -5.39 | -3.99 | 2.81 | 1.24 | 0.45 | 0.64 |
Net Cash Flow | 152.4 | 179.35 | 48.61 | 55.13 | 20.03 | -107.39 |
Free Cash Flow
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 |
Free Cash Flow | 265.98 | 372.19 | 497.15 | 390.22 | 129.39 | -70.82 |
Free Cash Flow Growth | -7.86% | -25.14% | 27.40% | 201.58% | - | - |
Free Cash Flow Margin | 5.50% | 7.71% | 9.24% | 9.41% | 4.89% | -5.22% |
Free Cash Flow Per Share | 0.70 | 0.97 | 1.25 | 1.39 | 0.59 | -0.36 |
Levered Free Cash Flow | 340.3 | 409.76 | 536.37 | 245.9 | 67.42 | 110.69 |
Unlevered Free Cash Flow | 387.5 | 453.83 | 581.35 | 278.94 | 92.58 | 136.93 |
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 |
Cash Interest Paid | 63.9 | 66.93 | 68.56 | 39.61 | 39.86 | 40.46 |
Cash Income Tax Paid | - | 8.12 | 14.77 | 27.17 | 1.53 | -4.2 |
Change in Working Capital | -50.27 | 96.36 | 35.99 | -67.22 | -86.93 | -55.29 |