Patterson Uti Energy Stock Return On Equity

PTEN Stock

USD 11.49 0.19 1.63%

Patterson UTI Energy fundamentals help investors to digest information that contributes to Patterson UTI's financial success or failures. It also enables traders to predict the movement of Patterson Stock. The fundamental analysis module provides a way to measure Patterson UTI's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Patterson UTI stock.

		Last Reported	Projected for Next Year
	Return On Equity	0.05	0.05

As of the 16th of April 2024, Return On Equity is likely to drop to 0.05.

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Patterson UTI Energy Company Return On Equity Analysis

Patterson UTI's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Patterson UTI Return On Equity

0.0758

Most of Patterson UTI's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Patterson UTI Energy is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Patterson Return On Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Patterson UTI is extremely important. It helps to project a fair market value of Patterson Stock properly, considering its historical fundamentals such as Return On Equity. Since Patterson UTI's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Patterson UTI's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Patterson UTI's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Long Term Debt	Good Will	Treasury Stock	Property Plant Equipment	Net Tangible Assets	Capital Surpluse	Deferred Long Term Liab	Long Term Debt Total	Current Deferred Revenue	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	0.86	0.18	0.86	0.86	0.95	0.89	0.17	0.69	0.76	0.66	0.81	-0.46	0.59	0.17	0.25	-0.06	0.55	0.23	0.1	0.24	0.55	0.53
Total Stockholder Equity	0.99		0.84	0.12	0.86	0.84	0.88	0.87	0.24	0.72	0.78	0.63	0.86	-0.43	0.53	0.19	0.31	-0.15	0.55	0.22	0.17	0.26	0.58	0.55
Net Debt	0.86	0.84		-0.14	0.82	0.79	0.84	0.82	0.06	0.65	0.86	0.82	0.71	-0.74	0.44	-0.06	0.56	-0.39	0.8	0.45	0.0	-0.12	0.53	0.55
Retained Earnings	0.18	0.12	-0.14		-0.15	-0.11	0.29	-0.14	0.24	-0.45	-0.47	0.02	-0.28	0.33	0.78	0.77	-0.62	0.88	-0.15	-0.71	0.27	0.55	-0.28	-0.5
Accounts Payable	0.86	0.86	0.82	-0.15		0.98	0.81	0.95	0.07	0.8	0.82	0.53	0.86	-0.4	0.22	-0.09	0.36	-0.28	0.5	0.51	-0.01	0.11	0.6	0.68
Net Receivables	0.86	0.84	0.79	-0.11	0.98		0.83	0.97	-0.04	0.77	0.8	0.53	0.82	-0.4	0.25	-0.08	0.32	-0.22	0.48	0.54	-0.11	0.11	0.6	0.66
Total Liab	0.95	0.88	0.84	0.29	0.81	0.83		0.85	0.02	0.57	0.67	0.67	0.64	-0.48	0.65	0.13	0.13	0.11	0.52	0.23	-0.04	0.2	0.44	0.45
Total Current Assets	0.89	0.87	0.82	-0.14	0.95	0.97	0.85		-0.12	0.8	0.86	0.59	0.83	-0.5	0.26	-0.12	0.38	-0.28	0.54	0.54	-0.2	0.05	0.66	0.68
Short Term Debt	0.17	0.24	0.06	0.24	0.07	-0.04	0.02	-0.12		-0.04	0.0	-0.01	0.13	0.07	0.33	0.41	0.04	0.05	-0.08	-0.18	1.0	0.23	-0.15	-0.1
Intangible Assets	0.69	0.72	0.65	-0.45	0.8	0.77	0.57	0.8	-0.04		0.86	0.27	0.95	-0.29	-0.17	-0.43	0.33	-0.45	0.29	0.56	-0.14	0.11	0.62	0.85
Common Stock	0.76	0.78	0.86	-0.47	0.82	0.8	0.67	0.86	0.0	0.86		0.61	0.84	-0.72	0.06	-0.4	0.65	-0.63	0.57	0.69	-0.08	-0.22	0.61	0.77
Long Term Debt	0.66	0.63	0.82	0.02	0.53	0.53	0.67	0.59	-0.01	0.27	0.61		0.37	-0.79	0.58	0.09	0.68	-0.3	0.88	0.31	-0.03	-0.03	0.53	0.42
Good Will	0.81	0.86	0.71	-0.28	0.86	0.82	0.64	0.83	0.13	0.95	0.84	0.37		-0.28	0.03	-0.16	0.36	-0.4	0.4	0.42	0.04	0.22	0.66	0.76
Treasury Stock	-0.46	-0.43	-0.74	0.33	-0.4	-0.4	-0.48	-0.5	0.07	-0.29	-0.72	-0.79	-0.28		-0.27	0.29	-0.77	0.58	-0.71	-0.55	0.1	0.54	-0.31	-0.36
Property Plant Equipment	0.59	0.53	0.44	0.78	0.22	0.25	0.65	0.26	0.33	-0.17	0.06	0.58	0.03	-0.27		0.7	-0.07	0.46	0.4	-0.38	0.33	0.27	0.02	-0.23
Net Tangible Assets	0.17	0.19	-0.06	0.77	-0.09	-0.08	0.13	-0.12	0.41	-0.43	-0.4	0.09	-0.16	0.29	0.7		-0.29	0.51	0.15	-0.72	0.44	0.38	-0.12	-0.58
Capital Surpluse	0.25	0.31	0.56	-0.62	0.36	0.32	0.13	0.38	0.04	0.33	0.65	0.68	0.36	-0.77	-0.07	-0.29		-0.86	0.69	0.61	0.02	-0.4	0.5	0.5
Deferred Long Term Liab	-0.06	-0.15	-0.39	0.88	-0.28	-0.22	0.11	-0.28	0.05	-0.45	-0.63	-0.3	-0.4	0.58	0.46	0.51	-0.86		-0.46	-0.63	0.09	0.56	-0.41	-0.47
Long Term Debt Total	0.55	0.55	0.8	-0.15	0.5	0.48	0.52	0.54	-0.08	0.29	0.57	0.88	0.4	-0.71	0.4	0.15	0.69	-0.46		0.24	-0.11	-0.21	0.55	0.28
Current Deferred Revenue	0.23	0.22	0.45	-0.71	0.51	0.54	0.23	0.54	-0.18	0.56	0.69	0.31	0.42	-0.55	-0.38	-0.72	0.61	-0.63	0.24		-0.23	-0.34	0.45	0.73
Short Long Term Debt	0.1	0.17	0.0	0.27	-0.01	-0.11	-0.04	-0.2	1.0	-0.14	-0.08	-0.03	0.04	0.1	0.33	0.44	0.02	0.09	-0.11	-0.23		0.22	-0.2	-0.17
Net Invested Capital	0.24	0.26	-0.12	0.55	0.11	0.11	0.2	0.05	0.23	0.11	-0.22	-0.03	0.22	0.54	0.27	0.38	-0.4	0.56	-0.21	-0.34	0.22		0.25	0.22
Net Working Capital	0.55	0.58	0.53	-0.28	0.6	0.6	0.44	0.66	-0.15	0.62	0.61	0.53	0.66	-0.31	0.02	-0.12	0.5	-0.41	0.55	0.45	-0.2	0.25		0.66
Capital Stock	0.53	0.55	0.55	-0.5	0.68	0.66	0.45	0.68	-0.1	0.85	0.77	0.42	0.76	-0.36	-0.23	-0.58	0.5	-0.47	0.28	0.73	-0.17	0.22	0.66

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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.

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Return On Equity Over Time

Patterson Total Stockholder Equity

Total Stockholder Equity

5.05 Billion

At this time, Patterson UTI's Total Stockholder Equity is very stable compared to the past year.

Based on the latest financial disclosure, Patterson UTI Energy has a Return On Equity of 0.0758. This is 103.83% lower than that of the Energy Equipment & Services sector and 101.48% lower than that of the Energy industry. The return on equity for all United States stocks is 124.45% lower than that of the firm.

Patterson Return On Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Patterson UTI's direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Patterson UTI could also be used in its relative valuation, which is a method of valuing Patterson UTI by comparing valuation metrics of similar companies.

Patterson UTI is currently under evaluation in return on equity category among related companies.

Patterson Fundamentals

	Return On Equity	0.0758
	Return On Asset	0.0535
	Profit Margin	0.06 %
	Operating Margin	0.08 %
	Current Valuation	5.93 B
	Shares Outstanding	403.25 M
	Shares Owned By Insiders	2.23 %
	Shares Owned By Institutions	98.08 %
	Number Of Shares Shorted	26.44 M
	Price To Earning	37.63 X
	Price To Book	0.98 X
	Price To Sales	1.14 X
	Revenue	4.15 B
	Gross Profit	801.04 M
	EBITDA	1.16 B
	Net Income	246.29 M
	Cash And Equivalents	42.73 M
	Cash Per Share	0.20 X
	Total Debt	1.35 B
	Debt To Equity	0.54 %
	Current Ratio	1.55 X
	Book Value Per Share	11.70 X
	Cash Flow From Operations	1.01 B
	Short Ratio	4.12 X
	Earnings Per Share	0.88 X
	Price To Earnings To Growth	0.40 X
	Target Price	16.21
	Number Of Employees	10.6 K
	Beta	2.24
	Market Capitalization	4.63 B
	Total Asset	7.42 B
	Retained Earnings	57.03 M
	Working Capital	435.26 M
	Current Asset	486.54 M
	Current Liabilities	316.62 M
	Annual Yield	0.03 %
	Five Year Return	1.53 %
	Net Asset	7.42 B
	Last Dividend Paid	0.32

About Patterson UTI Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Patterson UTI Energy's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Patterson UTI using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Patterson UTI Energy based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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When determining whether Patterson UTI Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Patterson UTI's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Patterson Uti Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Patterson Uti Energy Stock:

How To Invest In Patterson

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Is Patterson Stock a good investment?

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What is Patterson UTI's Net Worth?

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Largest Energy Equipment & Services Companies

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Largest Oil & Gas Drilling Companies

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Check out Patterson UTI Piotroski F Score and Patterson UTI Altman Z Score analysis.

Note that the Patterson UTI Energy information on this page should be used as a complementary analysis to other Patterson UTI's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running Patterson UTI's price analysis, check to measure Patterson UTI's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Patterson UTI is operating at the current time. Most of Patterson UTI's value examination focuses on studying past and present price action to predict the probability of Patterson UTI's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Patterson UTI's price. Additionally, you may evaluate how the addition of Patterson UTI to your portfolios can decrease your overall portfolio volatility.

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Is Patterson UTI's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Patterson UTI. If investors know Patterson will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Patterson UTI listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.68)

Dividend Share

0.32

Earnings Share

0.88

Revenue Per Share

14.835

Quarterly Revenue Growth

1.009

The market value of Patterson UTI Energy is measured differently than its book value, which is the value of Patterson that is recorded on the company's balance sheet. Investors also form their own opinion of Patterson UTI's value that differs from its market value or its book value, called intrinsic value, which is Patterson UTI's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Patterson UTI's market value can be influenced by many factors that don't directly affect Patterson UTI's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Patterson UTI's value and its price as these two are different measures arrived at by different means. Investors typically determine if Patterson UTI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Patterson UTI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Patterson Uti Energy Stock Return On Equity

Patterson UTI Energy Company Return On Equity Analysis

Return On Equity

Net Income

Total Equity

Current Patterson UTI Return On Equity

Patterson Return On Equity Driver Correlations

Patterson Total Stockholder Equity

Total Stockholder Equity

5.05 Billion

Patterson Return On Equity Peer Comparison

Patterson Fundamentals

About Patterson UTI Fundamental Analysis

Becoming a Better Investor with Macroaxis

Build Optimal Portfolios

Align your risk with return expectations

Complementary Tools for Patterson Stock analysis

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