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
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Patterson-UTI Energy, Inc. (PTEN) 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 | Free account |
Against its own ten years
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
More on PTEN
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement