Patterson-UTI Energy, Inc.
Profit after direct costs
Core business profitability
Bottom line profitability
Top line growth rate
Flow of revenue through cost categories to net income
| Item | Trend | 2021 | 2022 | 2023 | 2024 | 2025 | YoY Change |
|---|---|---|---|---|---|---|---|
Total Revenue | 1.36B | 2.65B | 4.15B | 5.38B | 4.83B | -10.3% | |
| Cost of Revenue | (1.93B) | (2.33B) | (3.54B) | (5.09B) | (4.60B) | -9.7% | |
Gross Profit | -574.04M | 317.10M | 603.72M | 286.17M | 229.86M | -19.7% | |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | |
| Selling, General & Administrative | (92.38M) | (116.59M) | (169.96M) | (268.34M) | (255.07M) | -4.9% | |
| Depreciation & Amortization | (849.18M) | (483.94M) | (731.42M) | (1.17B) | (940.26M) | -19.8% | |
Operating Income (EBIT) | -677.75M | 211.03M | 351.95M | -889.74M | -25.21M | -97.2% | |
| Non-Operating Items | |||||||
| Interest Income | 222.00K | 360.00K | 6.12M | 5.73M | 6.65M | 16.1% | |
| Interest Expense | (41.98M) | (40.26M) | (52.87M) | (71.96M) | (70.51M) | -2.0% | |
| Other Income/Expenses (Net) | -42.03M | -43.17M | -44.85M | -67.21M | -77.78M | 15.7% | |
Income Before Tax | -719.78M | 167.86M | 307.10M | -956.95M | -102.99M | -89.2% | |
| Income Tax Expense | (62.70M) | (13.20M) | (61.15M) | (9.45M) | (9.94M) | -205.1% | |
Net Income | -654.54M | 154.66M | 246.29M | -968.03M | -93.64M | -90.3% | |
| Per Share Metrics | |||||||
| Earnings Per Share (Basic) | $-3 | $1 | $1 | $-2 | $-0 | -90.2% | |
| Weighted Avg Shares Outstanding | 195.02M | 215.94M | 279.50M | 397.20M | 383.46M | -3.5% | |
| Weighted Avg Shares Outstanding (Diluted) | 195.02M | 219.50M | 280.06M | 397.20M | 383.46M | -3.5% | |
EBITDA | 171.38M | 692.06M | 1.09B | 286.89M | 907.78M | 216.4% |
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Mid Cap