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) Operating margin

Alert me on Operating margin

Patterson-UTI Energy, Inc.'s operating margin over the twelve months to 30 September 2026 was 0.86%, up 1.7 percentage points from fiscal 2025 (−0.85%). Over the past ten years it has ranged from −79.4% (fiscal 2020) to 8.49% (fiscal 2023); the current reading is higher than 82% of that period. That is below the Oil & Gas Drilling industry median of 8.58% and below the Energy sector median of 15.2%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 −0.85% 15.69
FY2024 −16.5% (25.03)
FY2023 8.49% 0.52
FY2022 7.97% 57.91
FY2021 −49.9% 29.42
FY2020 −79.4% (60.68)
FY2019 −18.7% (9.00)
FY2018 −9.68% 2.73
FY2017 −12.4% 37.40
FY2016 −49.8% (28.29)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 4.71% 5.28
Jun 2026 −0.57% 0.71
Mar 2026 −1.28% (1.26)
Dec 2025 −0.02% 2.37
43 more quarters

Against its own ten years

Low −79.4% High 8.49%
Ten-year median −16.5%
Current reading's percentile 84

Operating margin against peers

Company Operating margin
BORR Borr Drilling Limited compare 20.8%
RIG Transocean Ltd. compare 20.4%
NE Noble Corporation PLC compare 12.0%
VAL Valaris Limited compare 8.98%
SDRL Seadrill Limited compare 8.58%
NBR Nabors Industries Ltd. compare 8.40%
HP Helmerich & Payne, Inc. compare 2.25%
PTEN Patterson-UTI Energy, Inc. 0.86%
SOC Sable Offshore Corp. compare 0.00%
Oil & Gas Drilling industry median 8.58%
Energy sector median 15.2%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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