Patterson Financial Statements From 2010 to 2024

PTEN Stock  USD 11.60  0.26  2.29%   
Patterson UTI financial statements provide useful quarterly and yearly information to potential Patterson UTI Energy investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Patterson UTI financial statements helps investors assess Patterson UTI's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Patterson UTI's valuation are summarized below:
Gross Profit
801 M
Profit Margin
0.0594
Market Capitalization
4.6 B
Enterprise Value Revenue
1.4126
Revenue
4.1 B
We have found one hundred twenty available trending fundamental ratios for Patterson UTI Energy, which can be analyzed and compared to other ratios and to its competitors. Self-guided Investors are advised to check out Patterson UTI's recent fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 24th of April 2024, Enterprise Value is likely to grow to about 4.3 B, while Market Cap is likely to drop about 1 B.

Patterson UTI Total Revenue

4.35 Billion

Check Patterson UTI financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Patterson main balance sheet or income statement drivers, such as Depreciation And Amortization of 768 M, Interest Expense of 55.5 M or Total Revenue of 4.4 B, as well as many exotic indicators such as Price To Sales Ratio of 0.69, Dividend Yield of 0.0348 or PTB Ratio of 0.6. Patterson financial statements analysis is a perfect complement when working with Patterson UTI Valuation or Volatility modules.
  
This module can also supplement Patterson UTI's financial leverage analysis and stock options assessment as well as various Patterson UTI Technical models . Check out the analysis of Patterson UTI Correlation against competitors.

Patterson UTI Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets7.8 B7.4 B4.5 B
Slightly volatile
Short and Long Term Debt Total1.4 B1.3 B849.7 M
Slightly volatile
Other Current Liabilities364.7 M347.4 M194.9 M
Slightly volatile
Total Current Liabilities1.1 B1.1 B477.9 M
Slightly volatile
Total Stockholder Equity5.1 B4.8 B2.7 B
Slightly volatile
Property Plant And Equipment NetB3.5 B3.1 B
Very volatile
Net Debt1.2 B1.2 B722 M
Slightly volatile
Accounts Payable561.1 M534.4 M239.5 M
Slightly volatile
Cash202.3 M192.7 M127.7 M
Slightly volatile
Non Current Assets Total6.2 B5.9 B3.8 B
Slightly volatile
Cash And Short Term Investments202.3 M192.7 M127.7 M
Slightly volatile
Net Receivables1.1 BB485 M
Slightly volatile
Common Stock Shares Outstanding153.1 M280.1 M170.5 M
Slightly volatile
Liabilities And Stockholders Equity7.8 B7.4 B4.5 B
Slightly volatile
Non Current Liabilities Total1.6 B1.5 B1.3 B
Pretty Stable
Inventory189.8 M180.8 M54.8 M
Slightly volatile
Other Current Assets41.9 M83.2 M53.4 M
Slightly volatile
Other Stockholder EquityB4.7 B1.4 B
Slightly volatile
Total Liabilities2.7 B2.6 B1.8 B
Slightly volatile
Property Plant And Equipment Gross9.8 B9.3 B4.8 B
Slightly volatile
Total Current Assets1.6 B1.5 B748.4 M
Slightly volatile
Short Term Debt88.6 M69.7 M117.8 M
Very volatile
Intangible Assets1.1 B1.1 B167.3 M
Slightly volatile
Common Stock Total EquityM3.5 M2.3 M
Slightly volatile
Common Stock5.4 M5.2 M2.6 M
Slightly volatile
Other Liabilities130 M88.3 M192.4 M
Very volatile
Long Term Debt707.4 M1.2 B781.3 M
Slightly volatile
Property Plant Equipment2.6 B2.6 B3.1 B
Very volatile
Net Tangible Assets1.9 B1.5 B2.3 B
Slightly volatile
Capital SurpluseB3.7 BB
Slightly volatile
Deferred Long Term Liabilities24.6 M25.9 M421.1 M
Slightly volatile
Non Current Liabilities Other19 M25.1 M17.5 M
Slightly volatile
Long Term Debt Total895.4 M955.6 M807.4 M
Slightly volatile
Current Deferred Revenue59.7 M98.9 M22.6 M
Slightly volatile
Short and Long Term Debt13.4 M14.1 M112 M
Very volatile
Net Invested Capital3.1 BB4.3 B
Slightly volatile
Net Working Capital301.9 M435.3 M241.8 M
Slightly volatile
Deferred Long Term Asset Charges3.1 M3.5 M3.8 M
Slightly volatile
Capital Stock3.5 M5.2 M2.9 M
Slightly volatile
Capital Lease Obligations113.7 M108.3 M44.3 M
Slightly volatile

Patterson UTI Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization768 M731.4 M531.6 M
Pretty Stable
Total Revenue4.4 B4.1 B2.4 B
Slightly volatile
Other Operating Expenses3.9 B3.7 B2.4 B
Slightly volatile
Cost Of Revenue3.7 B3.5 B2.3 B
Slightly volatile
Total Operating Expenses133.2 M170.8 M120 M
Very volatile
Selling General Administrative178.5 M170 M98.5 M
Slightly volatile
Extraordinary Items264.4 M251.8 M209.7 M
Slightly volatile
Interest IncomeM4.9 M15.9 M
Slightly volatile
Reconciled Depreciation603.8 M575.9 M758 M
Slightly volatile
Discontinued OperationsM2.3 M2.5 M
Slightly volatile
Selling And Marketing Expenses719.9 K757.8 K7.9 M
Slightly volatile

Patterson UTI Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow79.1 M137.6 M108.4 M
Slightly volatile
Depreciation389.2 M731.4 M642.9 M
Slightly volatile
Capital Expenditures397.8 M615.7 M525.6 M
Slightly volatile
Total Cash From Operating Activities1.1 BB635.2 M
Very volatile
End Period Cash Flow202.3 M192.7 M127.6 M
Slightly volatile
Dividends Paid105 M100 M42.2 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio0.690.7281.2422
Very volatile
Dividend Yield0.03480.03310.0161
Slightly volatile
PTB Ratio0.60.62731.1553
Slightly volatile
Days Sales Outstanding87.5390.583871.5507
Slightly volatile
Book Value Per Share18.0817.217414.5638
Very volatile
Invested Capital0.390.2690.3921
Pretty Stable
Operating Cash Flow Per Share2.013.5993.4049
Slightly volatile
Average Payables308.6 M347.2 M378 M
Slightly volatile
PB Ratio0.60.62731.1553
Slightly volatile
EV To Sales0.961.0061.5705
Very volatile
Inventory Turnover18.6119.594263.7355
Slightly volatile
Days Of Inventory On Hand19.5618.62797.8142
Slightly volatile
Payables Turnover7.136.629110.9128
Very volatile
Sales General And Administrative To Revenue0.03410.0410.0457
Slightly volatile
Research And Ddevelopement To Revenue4.0E-44.0E-40.0011
Pretty Stable
Cash Per Share0.380.68940.6544
Pretty Stable
POCF Ratio2.853.00096.0989
Very volatile
Days Payables Outstanding56.6955.060141.5745
Pretty Stable
EV To Operating Cash Flow3.944.14697.8584
Pretty Stable
Intangibles To Total Assets0.340.32770.0872
Slightly volatile
Current Ratio2.121.41441.6092
Very volatile
Tangible Book Value Per Share6.838.548212.2843
Slightly volatile
Receivables Turnover3.94.02945.3293
Pretty Stable
Graham Number11.7318.47620.5903
Very volatile
Shareholders Equity Per Share18.0817.217414.5638
Very volatile
Debt To Equity0.390.2690.3921
Pretty Stable
Revenue Per Share15.5814.835212.7771
Very volatile
Interest Debt Per Share5.064.82134.6786
Slightly volatile
Debt To Assets0.150.17450.2019
Pretty Stable
Short Term Coverage Ratios13.714.422358.8864
Slightly volatile
Operating Cycle96.5410978.6616
Slightly volatile
Price Book Value Ratio0.60.62731.1553
Slightly volatile
Days Of Payables Outstanding56.6955.060141.5745
Pretty Stable
Price To Operating Cash Flows Ratio2.853.00096.0989
Very volatile
Effective Tax Rate0.180.19910.3053
Slightly volatile
Company Equity Multiplier1.821.54191.8199
Slightly volatile
Long Term Debt To Capitalization0.180.20290.2473
Very volatile
Total Debt To Capitalization0.260.2120.2659
Very volatile
Debt Equity Ratio0.390.2690.3921
Pretty Stable
Quick Ratio1.751.16311.3138
Very volatile
Cash Ratio0.170.18340.3066
Very volatile
Operating Cash Flow Sales Ratio0.190.24260.2519
Pretty Stable
Days Of Inventory Outstanding19.5618.62797.8142
Slightly volatile
Days Of Sales Outstanding87.5390.583871.5507
Slightly volatile
Cash Flow Coverage Ratios0.740.7770.7631
Slightly volatile
Price To Book Ratio0.60.62731.1553
Slightly volatile
Fixed Asset Turnover1.361.19170.9659
Pretty Stable
Price Cash Flow Ratio2.853.00096.0989
Very volatile
Debt Ratio0.150.17450.2019
Pretty Stable
Cash Flow To Debt Ratio0.740.7770.7631
Slightly volatile
Price Sales Ratio0.690.7281.2422
Very volatile
Asset Turnover0.810.55880.6166
Pretty Stable
Price Fair Value0.60.62731.1553
Slightly volatile

Patterson UTI Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market CapB1.5 B2.4 B
Slightly volatile
Enterprise Value4.3 BB4.2 B
Slightly volatile

Patterson Fundamental Market Drivers

Forward Price Earnings19.1205
Cash And Short Term Investments192.7 M

Patterson Upcoming Events

14th of February 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
14th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Patterson UTI Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Patterson UTI income statement, its balance sheet, and the statement of cash flows. Patterson UTI investors use historical funamental indicators, such as Patterson UTI's revenue or net income, to determine how well the company is positioned to perform in the future. Although Patterson UTI investors may use each financial statement separately, they are all related. The changes in Patterson UTI's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Patterson UTI's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Patterson UTI Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Patterson UTI. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue98.9 M59.7 M
Total Revenue4.1 B4.4 B
Cost Of Revenue3.5 B3.7 B
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.04  0.03 
Research And Ddevelopement To Revenue 0.0004  0.0004 
Capex To Revenue(0.15)(0.16)
Revenue Per Share 14.84  15.58 
Ebit Per Revenue 0.10  0.11 

Patterson UTI Investors Sentiment

The influence of Patterson UTI's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Patterson. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Patterson UTI's public news can be used to forecast risks associated with an investment in Patterson. The trend in average sentiment can be used to explain how an investor holding Patterson can time the market purely based on public headlines and social activities around Patterson UTI Energy. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Patterson UTI's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Patterson UTI's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Patterson UTI's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Patterson UTI.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Patterson UTI in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Patterson UTI's short interest history, or implied volatility extrapolated from Patterson UTI options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Patterson UTI Energy using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
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:
Check out the analysis of Patterson UTI Correlation against competitors.
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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

Complementary Tools for Patterson Stock analysis

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.
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
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.