Patterson-UTI Energy, Inc.

PTEN Energy Oil & Gas Drilling

Patterson-UTI Energy, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.8 billion, down 10.3% from fiscal 2024.

Revenue
+14.1%
EPS
+170.0%
Free cash flow
+169.6%
Total debt
+0.73%

Quarter to September 2026, against a year earlier

10.05 0.60 −5.63%
Market cap
$3.8B
P/E
0.0×
Fwd P/E
−444×
Dividend yield
3.78%
F-score
6/9
Altman Z
1.24
Beneish M
−3.31
Dividend safety
53/100

Patterson-UTI Energy, Inc. (PTEN) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, Patterson-UTI Energy, Inc. (PTEN) trades at a EV/EBITDA of 5.1×. Over the past ten years it has ranged from 2.2× (March 2020) to 23.1× (February 2017); the current reading is higher than 49% of that period. That is below the Oil & Gas Drilling industry median of 6.7× and below the Energy sector median of 6.2×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 3.5× (4.32%)
FY2024 3.7× (28.92%)
FY2023 5.2× (12.41%)
FY2022 5.9× (57.80%)
FY2021 13.9× 45.55%
FY2020 9.6× 83.13%
FY2019 5.2× 30.81%
FY2018 4.0× (62.54%)
FY2017 10.7× (51.29%)
FY2016 21.9× 336.33%

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 5.5× 1.22%
Jun 2026 5.4× (7.13%)
Mar 2026 5.8× 66.90%
Dec 2025 3.5× 4.47%
43 more quarters

Against its own ten years

Low 2.2× High 23.1×
Ten-year median 5.2×
Current reading's percentile 49

EV/EBITDA against peers

Company EV/EBITDA
SOC Sable Offshore Corp. compare n/m
NBR Nabors Industries Ltd. compare 2.3×
PTEN Patterson-UTI Energy, Inc. 5.1×
HP Helmerich & Payne, Inc. compare 6.1×
SDRL Seadrill Limited compare 6.6×
RIG Transocean Ltd. compare 6.9×
NE Noble Corporation PLC compare 8.6×
BORR Borr Drilling Limited compare 8.8×
VAL Valaris Limited compare 23.2×
Oil & Gas Drilling industry median 6.7×
Energy sector median 6.2×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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