Patterson-UTI Energy, Inc. (PTEN) — Financial statements
Income statement, balance sheet, and cash flow for Patterson-UTI Energy, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 4,827↓10.3% | 5,378↑29.7% | 4,146↑56.6% | 2,648↑95.1% | 1,357 | |
| Cost of Revenue | 4,597↓9.7% | 5,092↑43.7% | 3,543↑52.0% | 2,330↑20.7% | 1,931 | |
| Gross Profit | 230↓19.7% | 286↓52.6% | 604↑90.4% | 317↑155.2% | -574 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00↓100.0% | 268↑57.9% | 170↑45.8% | 117↑26.2% | 92 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 255↓4.9% | 268↑57.9% | 170↑45.8% | 117↑26.2% | 92 | |
| Other Expenses | 0.00↓100.0% | 908↑1009.4% | 82↑877.4% | -11↓192.9% | 11 | |
| Operating Expenses | 255↓78.3% | 1,176↑367.1% | 252↑137.4% | 106↑2.3% | 104 | |
| Total Costs & Expenses | 4,852↓22.6% | 6,268↑65.2% | 3,795↑55.7% | 2,437↑19.7% | 2,035 | |
| Operating Results | ||||||
| Operating Income | -25↑97.2% | -890↓352.8% | 352↑66.8% | 211↑131.1% | -678 | |
| Depreciation & Amortization | 940↓19.8% | 1,172↑60.2% | 731↑51.1% | 484↓43.0% | 849 | |
| EBITDA | 908↑216.4% | 287↓73.7% | 1,091↑57.7% | 692↑303.8% | 171 | |
| EBIT | -32↑96.3% | -885↓345.8% | 360↑73.0% | 208↑130.7% | -678 | |
| Interest & Other Income | ||||||
| Net Interest Income | -64↑3.6% | -66↓41.7% | -47↓17.2% | -40↑4.5% | -42 | |
| Interest Income | 7↑16.1% | 6↓6.4% | 6↑1600.6% | 0.36↑62.2% | 0.22 | |
| Interest Expense | 71↓2.0% | 72↑36.1% | 53↑31.3% | 40↓4.1% | 42 | |
| Non-Operating Income | 7↑252.9% | -5↑40.7% | -8↓375.3% | 3↑5396.2% | 0.05 | |
| Other Income / Expenses | -78↓15.7% | -67↓49.9% | -45↓3.9% | -43↓2.7% | -42 | |
| Income Before Tax | -103↑89.2% | -957↓411.6% | 307↑83.0% | 168↑123.3% | -720 | |
| Income Tax Expense | -10↓205.1% | 9↓84.5% | 61↑363.1% | 13↑121.1% | -63 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -93↑90.4% | -966↓492.9% | 246↑59.0% | 155↑123.5% | -657 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 3 | |
| Net Income | -94↑90.3% | -968↓493.0% | 246↑59.2% | 155↑123.6% | -655 | |
| Bottom-Line Net Income | -94↑90.3% | -968↓493.0% | 246↑59.2% | 155↑123.6% | -655 | |
| EPS (Basic) | -0.24↑90.2% | -2.44↓377.3% | 0.88↑22.2% | 0.72↑121.4% | -3.37 | |
| EPS (Diluted) | -0.24↑90.2% | -2.44↓377.3% | 0.88↑25.7% | 0.70↑120.8% | -3.37 | |
| Weighted Average Shares | 383↓3.5% | 397↑42.1% | 280↑29.4% | 216↑10.7% | 195 | |
| Weighted Average Diluted Shares | 383↓3.5% | 397↑41.8% | 280↑27.6% | 219↑12.5% | 195 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.