Patterson-UTI Energy, Inc. (PTEN)
Energy · Oil & Gas Drilling · NasdaqGS
Patterson-UTI Energy, Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $915.87M | $2.36B | $3.33B | $2.47B | $1.12B | $1.36B | $2.65B | $4.15B | $5.38B | $4.83B |
| Gross profit | — | — | — | — | — | — | — | — | — | — |
| Net income | $-318.63M | $5.91M | $-321.42M | $-425.70M | $-803.69M | $-654.54M | $154.66M | $246.29M | $-968.03M | $-93.64M |
| Net margin | -34.8% | 0.3% | -9.7% | -17.2% | -71.5% | -48.2% | 5.8% | 5.9% | -18.0% | -1.9% |
Source: Patterson-UTI Energy, Inc. SEC filings (10-K). 19 years of history available in the interactive view.
Explore 19 years of Patterson-UTI Energy, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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About Patterson-UTI Energy, Inc.
Patterson-UTI Energy, Inc., through its subsidiaries, provides drilling and completion services to oil and natural gas exploration and production companies in the United States, Canada, Colombia, and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment engages in the provision of contract and directional drilling, and measurement-while-drilling (MWD) services in onshore oil and natural gas basins; supply and rental of downhole performance motors, such as Mpact drilling motors, and Mpower MWD systems; electrical controls and automation to the energy, marine, and mining industries; rig fleet evaluation; and drilling technology service. This segment also provides software and services, such as MWD Survey Fault Detection, Isolation and Recovery (FDIR) services, a data analytics technology to analyze MWD survey data in real-time and identify the position of a well; HiFi Nav, which enhances FDIR by targeting improved vertical placement of the directional well within the reservoir; and HiFi Guidance that utilizes trajectory optimization to determine optimal steering recommendations and placement within the reservoir. The Completion Services segment offers services for hydraulic fracturing, wireline and pumping, completion support, equipment, materials, and cementing, as well as involved in the power solutions natural gas fueling, and last mile logistics and storage businesses. The Drilling Products segment engages in the design, manufacture, sale, and rental of matrix and steel-bodied polycrystalline diamond compact drill bits. It also rents oilfield tools; and offers specialized services for land-based oil and natural gas drilling, completion, and workover activities. The company was founded in 1978 and is headquartered in Houston, Texas.
Patterson-UTI Energy, Inc. — frequently asked questions
What is Patterson-UTI Energy, Inc.'s revenue?
Patterson-UTI Energy, Inc. (PTEN) reported revenue of $4.83B for fiscal year 2025, down 10.3% from the prior year, according to its SEC filings.
Is Patterson-UTI Energy, Inc. profitable?
No — PTEN reported a net loss of $-93.64M in fiscal 2025.
What is PTEN's P/E ratio?
Patterson-UTI Energy, Inc. trades at a price-to-earnings ratio of about 0.0 based on the latest data in our nightly-refreshed cache.
How fast is Patterson-UTI Energy, Inc. growing?
PTEN's revenue grew at roughly 33.8% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
Where does this data come from?
All figures are computed from Patterson-UTI Energy, Inc.'s official SEC filings (10-K and 10-Q), covering 19 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.