Patterson-UTI Energy (NASDAQ: PTEN) financial statements
The consolidated income statement, balance sheet and cash flow statement of Patterson-UTI Energy for its last 10 fiscal years, as filed with the regulator, in millions of US dollars. At the end of fiscal 2025 it had $5,570m in total assets and $3,219m in equity.
Income statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4,827m | $5,378m | $4,146m | $2,648m | $1,357m | $1,124m | $2,471m | $3,327m | $2,357m | $915.9m |
| Operating profit | −$40.8m | −$889.7m | $352.0m | $211.0m | −$677.8m | −$892.3m | −$461.6m | −$322.2m | −$292.5m | −$456.2m |
| Finance costs | $70.5m | $72.0m | $52.9m | $40.3m | $42.0m | $40.8m | $75.2m | $51.6m | $37.5m | $40.4m |
| Profit before tax | −$103.0m | −$956.9m | $307.1m | $167.9m | −$719.8m | −$931.0m | −$530.4m | −$367.4m | −$327.8m | −$496.2m |
| Income tax | $9.9m | $9.5m | $61.2m | $13.2m | $62.7m | $127.3m | $104.7m | $46.0m | $333.7m | $177.6m |
| Net profit | −$93.6m | −$968.0m | $246.3m | $154.7m | −$654.5m | −$803.7m | −$425.7m | −$321.4m | $5.9m | −$318.6m |
| Earnings per share | −$0.24 | −$2.44 | $0.88 | $0.72 | −$3.36 | −$4.27 | −$2.10 | −$1.47 | $0.03 | −$2.18 |
| Diluted earnings per share | −$0.24 | −$2.44 | $0.88 | $0.70 | −$3.36 | −$4.27 | −$2.10 | −$1.47 | $0.03 | −$2.18 |
| Depreciation and amortisation | $126.0m | $124.0m | $41.5m | $1.3m | $24.0m | $19.3m | $17.9m | $18.3m | $24.3m | $3.6m |
Balance sheet
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $5,570m | $5,833m | $7,420m | $3,144m | $2,958m | $3,299m | $4,440m | $5,470m | $5,759m | $3,772m |
| Current assets | $1,418m | $1,295m | $1,486m | $829.4m | $583.7m | $478.0m | $631.8m | $950.2m | $746.9m | $246.9m |
| Inventories | $160.3m | $167.0m | $180.8m | $65.4m | $42.4m | $33.1m | $36.4m | $65.6m | $69.2m | $20.2m |
| Property, plant and equipment | $2,711m | $3,010m | $3,340m | $2,261m | $2,332m | $2,761m | $3,307m | $4,003m | $4,255m | $3,409m |
| Goodwill | $487.4m | $487.4m | $1,380m | $0.0m | $0.0m | — | $395.1m | $410.8m | $611.5m | $86.2m |
| Cash | $418.5m | $239.2m | $190.1m | $137.6m | $117.5m | $224.9m | $174.2m | $245.0m | $42.8m | $35.2m |
| Total liabilities | $2,346m | $2,358m | $2,599m | $1,478m | $1,348m | $1,283m | $1,606m | $1,964m | $1,776m | $1,524m |
| Current liabilities | $863.6m | $842.0m | $1,050m | $551.0m | $435.9m | $273.7m | $400.6m | $526.3m | $546.3m | $264.8m |
| Equity | $3,219m | $3,466m | $4,812m | $1,666m | $1,609m | $2,016m | $2,834m | $3,505m | $3,982m | $2,249m |
| Equity including minorities | $3,225m | $3,476m | $4,821m | $1,666m | $1,609m | $2,016m | $2,834m | $3,505m | $3,982m | $2,249m |
| Minority interests | $6.2m | $10.0m | $8.4m | $0.0m | $0.0m | $0.0m | — | — | — | — |
Cash flow statement
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $961.2m | $1,176m | $1,006m | $566.2m | $95.5m | $278.9m | $696.2m | $730.7m | $300.7m | $305.0m |
| Investing cash flow | −$567.2m | −$654.7m | −$1,018m | −$413.2m | −$131.6m | −$125.0m | −$301.8m | −$584.6m | −$1,011m | −$97.8m |
| Financing cash flow | −$210.7m | −$475.0m | $65.6m | −$133.4m | −$71.9m | −$103.2m | −$465.2m | $56.9m | $716.6m | −$285.3m |
| Capital expenditure | −$589.0m | −$678.4m | −$615.7m | −$436.8m | −$166.3m | −$145.5m | −$347.5m | −$641.5m | −$567.1m | −$119.8m |
| Dividends paid | −$122.5m | −$126.8m | −$100.0m | −$43.1m | −$15.6m | −$18.9m | −$32.4m | −$30.6m | −$16.3m | −$23.6m |
Where each figure comes from
From the annual report (Form 10-K) that Patterson-UTI Energy files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. If an item is not tagged in the filing, it is not in the table. The summary of the last fiscal year is on the Patterson-UTI Energy page.
Dividend per share of Patterson-UTI Energy by fiscal year, with the filing behind every figure: Patterson-UTI Energy dividend history.
Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.