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

10.21 0.26 +2.61%
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) Gross margin

Alert me on Gross margin

Patterson-UTI Energy, Inc.'s gross margin over the twelve months to 30 September 2026 was 24.1%, down 0.2 percentage points from fiscal 2025 (24.2%). Over the past ten years it has ranged from 20.3% (fiscal 2021) to 34.8% (fiscal 2015); the current reading is higher than 18% of that period. That is below the Oil & Gas Drilling industry median of 33.6% and below the Energy sector median of 42.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 24.2% (2.87)
FY2024 27.1% (5.09)
FY2023 32.2% 1.94
FY2022 30.3% 9.99
FY2021 20.3% (8.40)
FY2020 28.7% 0.46
FY2019 28.2% 0.42
FY2018 27.8% 0.67
FY2017 27.1% (2.04)
FY2016 29.2% (5.68)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 25.1% 2.24
Jun 2026 22.9% (1.15)
Mar 2026 24.0% (0.24)
Dec 2025 24.2% 0.25
43 more quarters

Against its own ten years

Low 20.3% High 34.8%
Ten-year median 28.2%
Current reading's percentile 19

Gross margin against peers

Company Gross margin
RIG Transocean Ltd. compare 100.0%
BORR Borr Drilling Limited compare 42.1%
NE Noble Corporation PLC compare 38.8%
NBR Nabors Industries Ltd. compare 38.4%
HP Helmerich & Payne, Inc. compare 28.8%
VAL Valaris Limited compare 24.2%
PTEN Patterson-UTI Energy, Inc. 24.1%
SDRL Seadrill Limited compare 0.00%
SOC Sable Offshore Corp. compare —
Oil & Gas Drilling industry median 33.6%
Energy sector median 42.1%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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