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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Patterson-UTI Energy, Inc. (PTEN) trades at a price to free cash flow of 11.3×. Over the past ten years it has ranged from 0.0× (December 2022) to 267× (June 2015); the current reading is higher than 70% of that period. That is below the Oil & Gas Drilling industry median of 14.6× and above the Energy sector median of 8.9×.

Price to free cash flow, daily

Embed this chart

Annual newest first

Period Price to free cash flow Change
FY2025 5.6× (10.29%)
FY2024 6.3× (42.24%)
FY2023 10.9× (50.20%)
FY2022 21.8× —
FY2021 0.0× —
FY2020 6.4× 18.58%
FY2019 5.4× (67.38%)
FY2018 16.6× —
FY2017 0.0× —
FY2016 19.6× 146.57%

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 12.3× (26.38%)
Jun 2026 16.7× 32.44%
Mar 2026 12.6× 124.71%
Dec 2025 5.6× (5.50%)
43 more quarters

Against its own ten years

Low 0.0× High 267×
Ten-year median 6.8×
Current reading's percentile 70

Price to free cash flow against peers

Company Price to free cash flow
VAL Valaris Limited compare n/m
BORR Borr Drilling Limited compare n/m
SOC Sable Offshore Corp. compare n/m
HP Helmerich & Payne, Inc. compare 7.1×
RIG Transocean Ltd. compare 7.3×
PTEN Patterson-UTI Energy, Inc. 11.3×
NE Noble Corporation PLC compare 17.9×
NBR Nabors Industries Ltd. compare 26.4×
SDRL Seadrill Limited compare 71.0×
Oil & Gas Drilling industry median 14.6×
Energy sector median 8.9×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

More on PTEN