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. In the quarter to June 2026, revenue was flat, EPS grew 61.5%, free cash flow fell 598.2% and total debt was flat, each against the same quarter a year earlier. Dividend growth for five consecutive years.
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Patterson-UTI Energy, Inc. (PTEN) P/E ratio
Patterson-UTI Energy, Inc. has no meaningful P/E ratio: its trailing twelve-month earnings is negative. Over the past ten years it has ranged from 0.0× (October 2026) to 236× (May 2018) — the current reading is the lowest in ten years.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 0.0× | — |
| FY2024 | 0.0× | — |
| FY2023 | 10.5× | (52.45%) |
| FY2022 | 22.1× | — |
| FY2021 | 0.0× | — |
| FY2020 | 0.0× | — |
| FY2019 | 0.0× | — |
| FY2018 | 0.0× | — |
| FY2017 | 0.0× | — |
| FY2016 | 0.0× | — |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 0.0× | — |
| Mar 2026 | 0.0× | — |
| Dec 2025 | 0.0× | — |
| Sep 2025 | 0.0× | — |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| BORR Borr Drilling Limited compare | n/m |
| PTEN Patterson-UTI Energy, Inc. | n/m |
| HP Helmerich & Payne, Inc. compare | n/m |
| RIG Transocean Ltd. compare | n/m |
| SOC Sable Offshore Corp. compare | n/m |
| NBR Nabors Industries Ltd. compare | 5.3× |
| VAL Valaris Limited compare | 6.3× |
| NE Noble Corporation PLC compare | 46.4× |
| SDRL Seadrill Limited compare | 1,575× |
| Energy sector median | 13.9× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)