The Inventing Press

PATTERSON UTI ENERGY INC

Financial highlights

MetricFY 12/31/25FY 12/31/24FY 12/31/23FY 12/31/22FY 12/31/21
Income Statement
Revenue$4.8B$5.3B$4.1B$2.6B$1.4B
Selling, general & administrative$255.1M$268.3M$170.0M$116.6M$92.4M
Operating income-$40.8M-$889.7M$352.0M$211.0M-$677.8M
Interest expense$70.5M$72.0M$52.9M$40.3M$42.0M
Pretax income-$103.0M-$956.9M$307.1M$167.9M-$719.8M
Income tax expense-$9.9M$9.5M$61.2M$13.2M-$62.7M
Net income-$93.6M-$968.0M$246.3M$154.7M-$654.5M
Balance Sheet
Cash and equivalents$418.5M$239.2M$190.1M$137.6M$117.5M
Current assets$1.4B$1.3B$1.5B$829.4M$583.7M
Total assets$5.6B$5.8B$7.4B$3.1B$3.0B
Current liabilities$863.6M$842.0M$1.1B$551.0M$435.9M
Total liabilities$2.3B$2.4B$2.6B$1.5B$1.3B
Total debt$1.2B$1.2B$1.2B
Stockholders' equity$3.2B$3.5B$4.8B$1.7B$1.6B
Cash Flow Statement
Cash from operations$961.2M$1.2B$1.0B$566.2M$95.5M
Stock-based compensation$39.3M$46.4M$46.8M$21.1M$21.6M
Capital expenditure$589.0M$678.4M$615.7M$436.8M$166.3M
Free cash flow$372.2M$497.1M$390.2M$129.4M-$70.8M
Dividends paid$122.5M$126.8M$100.0M$43.1M$15.6M
Share repurchases$69.6M$290.4M$200.7M$70.1M$6.3M
Impairments$0$114.0M$0$0$0

Shares outstanding 379.6M · Free float 70.9%

Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.