Financials in USD. Standardized financial statements.
A compact view of how Patterson-UTI Energy, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $4.83B | $5.38B | $4.15B | $2.65B | $1.36B | $1.12B | $2.47B | $3.33B | $2.36B | $915.87M |
| Revenue Growth? | -10.3% | +29.7% | +56.6% | +95.1% | +20.7% | -54.5% | -25.7% | +41.2% | +157.3% | 0.0% |
| Cost of Revenue? | $4.60B | $5.09B | $3.54B | $2.33B | $1.93B | $1.47B | $2.78B | $3.32B | $2.50B | $1.32B |
| Gross Profit? | $229.86M | $286.17M | $603.72M | $317.10M | -$574.04M | -$348.58M | -$306.88M | $8.19M | -$144.20M | -$401.34M |
| Gross Margin? | +4.8% | +5.3% | +14.6% | +12.0% | -42.3% | -31.0% | -12.4% | +0.2% | -6.1% | -43.8% |
| Operating Expenses? | $255.07M | $1.18B | $251.77M | $106.07M | $103.70M | $543.67M | $154.69M | $116.50M | $73.89M | $54.88M |
| Operating Income? | -$25.21M | -$889.74M | $351.95M | $211.03M | -$677.75M | -$892.26M | -$461.58M | -$322.18M | -$292.54M | -$456.23M |
| EBITDA? | $907.78M | $286.89M | $1.09B | $692.06M | $171.38M | -$219.34M | $548.70M | $535.60M | $465.94M | $212.66M |
| Income Before Tax | -$102.99M | -$956.95M | $307.10M | $167.86M | -$719.78M | -$931.02M | -$530.38M | -$367.41M | -$327.80M | -$496.20M |
| Income Tax Expense | -$9.94M | $9.45M | $61.15M | $13.20M | -$62.70M | -$127.33M | -$104.67M | -$45.99M | -$333.71M | -$177.56M |
| Net Income? | -$93.64M | -$968.03M | $246.29M | $154.66M | -$654.54M | -$803.69M | -$425.70M | -$321.42M | $5.91M | -$318.63M |
| EPS? | $-0.24 | $-2.44 | $0.88 | $0.72 | $-3.37 | $-4.27 | $-2.10 | $-1.47 | $0.03 | $-2.18 |
| Diluted EPS? | $-0.24 | $-2.44 | $0.88 | $0.70 | $-3.37 | $-4.27 | $-2.10 | $-1.47 | $0.03 | $-2.18 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality