PATTERSON UTI ENERGY INC — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that PATTERSON UTI ENERGY INC filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $4.83B | Feb 10, 2026 |
| FY2025 | Dec 31, 2024 | $5.38B | Feb 10, 2026 |
| FY2025 | Dec 31, 2023 | $4.15B | Feb 10, 2026 |
| FY2024 | Dec 31, 2022 | $2.65B | Feb 11, 2025 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $4.79B | Feb 10, 2026 |
| FY2025 | Dec 31, 2024 | $5.31B | Feb 10, 2026 |
| FY2025 | Dec 31, 2023 | $4.07B | Feb 10, 2026 |
| FY2024 | Dec 31, 2022 | $2.57B | Feb 11, 2025 |
| FY2023 | Dec 31, 2021 | $1.36B | Feb 27, 2024 |
| FY2020 | Dec 31, 2020 | $220.80M | Feb 9, 2021 |
| FY2020 | Sep 30, 2020 | $207.14M | Feb 9, 2021 |
| FY2020 | Jun 30, 2020 | $250.38M | Feb 9, 2021 |
| FY2020 | Mar 31, 2020 | $445.93M | Feb 9, 2021 |
| FY2020 | Dec 31, 2019 | $492.30M | Feb 9, 2021 |
Revenue (Net Sales)
Net sales revenue — gross revenue less returns, allowances, and discounts. Used by many manufacturers and retailers as the primary top-line figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2017 | Dec 31, 2017 | $787.33M | Feb 20, 2018 |
| FY2017 | Sep 30, 2017 | $684.99M | Feb 20, 2018 |
| FY2017 | Jun 30, 2017 | $579.19M | Feb 20, 2018 |
| FY2017 | Mar 31, 2017 | $305.18M | Feb 20, 2018 |
| FY2017 | Dec 31, 2016 | $246.89M | Feb 20, 2018 |
| FY2017 | Sep 30, 2016 | $206.13M | Feb 20, 2018 |
| FY2017 | Jun 30, 2016 | $193.91M | Feb 20, 2018 |
| FY2017 | Mar 31, 2016 | $268.94M | Feb 20, 2018 |
| FY2016 | Dec 31, 2015 | $338.57M | Feb 13, 2017 |
| FY2016 | Sep 30, 2015 | $422.25M | Feb 13, 2017 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($93.64M) | Feb 10, 2026 |
| FY2025 | Dec 31, 2024 | ($968.03M) | Feb 10, 2026 |
| FY2025 | Dec 31, 2023 | $246.29M | Feb 10, 2026 |
| FY2024 | Dec 31, 2022 | $154.66M | Feb 11, 2025 |
| FY2023 | Dec 31, 2021 | ($654.55M) | Feb 27, 2024 |
| FY2020 | Dec 31, 2020 | ($106.53M) | Feb 9, 2021 |
| FY2020 | Sep 30, 2020 | ($112.11M) | Feb 9, 2021 |
| FY2020 | Jun 30, 2020 | ($150.33M) | Feb 9, 2021 |
| FY2020 | Mar 31, 2020 | ($434.72M) | Feb 9, 2021 |
| FY2020 | Dec 31, 2019 | ($85.92M) | Feb 9, 2021 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($40.83M) | Feb 10, 2026 |
| FY2025 | Dec 31, 2024 | ($889.74M) | Feb 10, 2026 |
| FY2025 | Dec 31, 2023 | $351.95M | Feb 10, 2026 |
| FY2024 | Dec 31, 2022 | $211.03M | Feb 11, 2025 |
| FY2023 | Dec 31, 2021 | ($677.75M) | Feb 27, 2024 |
| FY2020 | Dec 31, 2020 | ($124.20M) | Feb 9, 2021 |
| FY2020 | Sep 30, 2020 | ($114.57M) | Feb 9, 2021 |
| FY2020 | Jun 30, 2020 | ($159.08M) | Feb 9, 2021 |
| FY2020 | Mar 31, 2020 | ($494.41M) | Feb 9, 2021 |
| FY2020 | Dec 31, 2019 | ($82.76M) | Feb 9, 2021 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $255.07M | Feb 10, 2026 |
| FY2025 | Dec 31, 2024 | $268.34M | Feb 10, 2026 |
| FY2025 | Dec 31, 2023 | $169.96M | Feb 10, 2026 |
| FY2024 | Dec 31, 2022 | $116.59M | Feb 11, 2025 |
| FY2023 | Dec 31, 2021 | $92.38M | Feb 27, 2024 |
| FY2022 | Dec 31, 2020 | $97.61M | Jul 17, 2023 |
| FY2021 | Dec 31, 2019 | $133.51M | Feb 16, 2022 |
| FY2020 | Dec 31, 2018 | $134.07M | Feb 9, 2021 |
| FY2019 | Dec 31, 2017 | $105.85M | Feb 13, 2020 |
| FY2018 | Dec 31, 2016 | $69.21M | Feb 13, 2019 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $961.22M | Feb 10, 2026 |
| FY2025 | Dec 31, 2024 | $1.18B | Feb 10, 2026 |
| FY2025 | Dec 31, 2023 | $1.01B | Feb 10, 2026 |
| FY2024 | Dec 31, 2022 | $566.19M | Feb 11, 2025 |
| FY2023 | Dec 31, 2021 | $95.50M | Feb 27, 2024 |
| FY2022 | Dec 31, 2020 | $278.86M | Jul 17, 2023 |
| FY2021 | Dec 31, 2019 | $696.20M | Feb 16, 2022 |
| FY2020 | Dec 31, 2018 | $730.67M | Feb 9, 2021 |
| FY2019 | Dec 31, 2017 | $300.71M | Feb 13, 2020 |
| FY2018 | Dec 31, 2016 | $305.03M | Feb 13, 2019 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $589.03M | Feb 10, 2026 |
| FY2025 | Dec 31, 2024 | $678.39M | Feb 10, 2026 |
| FY2025 | Dec 31, 2023 | $615.69M | Feb 10, 2026 |
| FY2024 | Dec 31, 2022 | $436.80M | Feb 11, 2025 |
| FY2023 | Dec 31, 2021 | $166.32M | Feb 27, 2024 |
| FY2022 | Dec 31, 2020 | $145.48M | Jul 17, 2023 |
| FY2021 | Dec 31, 2019 | $347.51M | Feb 16, 2022 |
| FY2020 | Dec 31, 2018 | $641.46M | Feb 9, 2021 |
| FY2019 | Dec 31, 2017 | $567.09M | Feb 13, 2020 |
| FY2018 | Dec 31, 2016 | $119.80M | Feb 13, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.57B | Feb 10, 2026 |
| FY2025 | Dec 31, 2024 | $5.83B | Feb 10, 2026 |
| FY2025 | Dec 31, 2023 | $7.42B | Feb 10, 2026 |
| FY2024 | Dec 31, 2022 | $3.14B | Feb 11, 2025 |
| FY2023 | Dec 31, 2021 | $2.96B | Feb 27, 2024 |
| FY2022 | Dec 31, 2020 | $3.30B | Jul 17, 2023 |
| FY2021 | Dec 31, 2019 | $4.44B | Feb 16, 2022 |
| FY2020 | Dec 31, 2018 | $5.47B | Feb 9, 2021 |
| FY2019 | Dec 31, 2017 | $5.76B | Feb 13, 2020 |
| FY2018 | Dec 31, 2016 | $3.77B | Feb 13, 2019 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.35B | Feb 10, 2026 |
| FY2025 | Dec 31, 2024 | $2.36B | Feb 10, 2026 |
| FY2024 | Dec 31, 2023 | $2.60B | Feb 11, 2025 |
| FY2023 | Dec 31, 2022 | $1.48B | Feb 27, 2024 |
| FY2022 | Dec 31, 2021 | $1.35B | Jul 17, 2023 |
| FY2021 | Dec 31, 2020 | $1.28B | Feb 16, 2022 |
| FY2020 | Dec 31, 2019 | $1.61B | Feb 9, 2021 |
| FY2019 | Dec 31, 2018 | $1.96B | Feb 13, 2020 |
| FY2018 | Dec 31, 2017 | $1.78B | Feb 13, 2019 |
| FY2017 | Dec 31, 2016 | $1.52B | Feb 20, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.22B | Feb 10, 2026 |
| FY2025 | Dec 31, 2024 | $3.47B | Feb 10, 2026 |
| FY2024 | Dec 31, 2023 | $4.81B | Feb 11, 2025 |
| FY2023 | Dec 31, 2022 | $1.67B | Feb 27, 2024 |
| FY2022 | Dec 31, 2021 | $1.61B | Jul 17, 2023 |
| FY2022 | Dec 31, 2020 | $2.02B | Jul 17, 2023 |
| FY2022 | Dec 31, 2019 | $2.83B | Jul 17, 2023 |
| FY2021 | Dec 31, 2018 | $3.51B | Feb 16, 2022 |
| FY2020 | Dec 31, 2017 | $3.98B | Feb 9, 2021 |
| FY2019 | Dec 31, 2016 | $2.25B | Feb 13, 2020 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $487.39M | Feb 10, 2026 |
| FY2025 | Dec 31, 2024 | $487.39M | Feb 10, 2026 |
| FY2024 | Dec 31, 2023 | $1.38B | Feb 11, 2025 |
| FY2023 | Dec 31, 2022 | $0 | Feb 27, 2024 |
| FY2022 | Dec 31, 2021 | $0 | Jul 17, 2023 |
| FY2020 | Dec 31, 2019 | $395.06M | Feb 9, 2021 |
| FY2020 | Dec 31, 2018 | $410.76M | Feb 9, 2021 |
| FY2019 | Dec 31, 2017 | $611.47M | Feb 13, 2020 |
| FY2018 | Dec 31, 2016 | $86.23M | Feb 13, 2019 |
| FY2017 | Dec 31, 2015 | $86.23M | Feb 20, 2018 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | ($1.26B) | Feb 10, 2026 |
| FY2025 | Dec 31, 2024 | ($1.04B) | Feb 10, 2026 |
| FY2024 | Dec 31, 2023 | $57.04M | Feb 11, 2025 |
| FY2023 | Dec 31, 2022 | ($87.39M) | Feb 27, 2024 |
| FY2022 | Dec 31, 2021 | ($198.32M) | Jul 17, 2023 |
| FY2021 | Dec 31, 2020 | $472.01M | Feb 16, 2022 |
| FY2020 | Dec 31, 2019 | $1.29B | Feb 9, 2021 |
| FY2019 | Dec 31, 2018 | $1.75B | Feb 13, 2020 |
| FY2018 | Dec 31, 2017 | $2.11B | Feb 13, 2019 |
| FY2017 | Dec 31, 2016 | $2.12B | Feb 20, 2018 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $418.51M | Feb 10, 2026 |
| FY2025 | Dec 31, 2024 | $239.18M | Feb 10, 2026 |
| FY2024 | Dec 31, 2023 | $190.11M | Feb 11, 2025 |
| FY2023 | Dec 31, 2022 | $137.55M | Feb 27, 2024 |
| FY2022 | Dec 31, 2021 | $117.52M | Jul 17, 2023 |
| FY2021 | Dec 31, 2020 | $224.92M | Feb 16, 2022 |
| FY2021 | Dec 31, 2019 | $174.19M | Feb 16, 2022 |
| FY2021 | Dec 31, 2018 | $245.03M | Feb 16, 2022 |
| FY2020 | Dec 31, 2017 | $42.83M | Feb 9, 2021 |
| FY2019 | Dec 31, 2016 | $35.15M | Feb 13, 2020 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.23B | Feb 10, 2026 |
| FY2024 | Dec 31, 2024 | $1.23B | Feb 11, 2025 |
| FY2023 | Dec 31, 2023 | $1.25B | Feb 27, 2024 |
| FY2022 | Dec 31, 2022 | $836.41M | Jul 17, 2023 |
| FY2021 | Dec 31, 2021 | $858.76M | Feb 16, 2022 |
| FY2020 | Dec 31, 2020 | $908.76M | Feb 9, 2021 |
| FY2019 | Dec 31, 2019 | $975.00M | Feb 13, 2020 |
| FY2018 | Dec 31, 2018 | $1.13B | Feb 13, 2019 |
| FY2017 | Dec 31, 2017 | $868.00M | Feb 20, 2018 |
| FY2016 | Dec 31, 2016 | $600.00M | Feb 13, 2017 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Feb 10, 2026 |
| FY2025 | Dec 31, 2024 | (2) | Feb 10, 2026 |
| FY2025 | Dec 31, 2023 | 0 | Feb 10, 2026 |
| FY2024 | Dec 31, 2022 | 0 | Feb 11, 2025 |
| FY2023 | Dec 31, 2021 | (3) | Feb 27, 2024 |
| FY2020 | Dec 31, 2020 | 0 | Feb 9, 2021 |
| FY2020 | Sep 30, 2020 | 0 | Feb 9, 2021 |
| FY2020 | Jun 30, 2020 | 0 | Feb 9, 2021 |
| FY2020 | Mar 31, 2020 | (2) | Feb 9, 2021 |
| FY2020 | Dec 31, 2019 | 0 | Feb 9, 2021 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 0 | Feb 10, 2026 |
| FY2025 | Dec 31, 2024 | (2) | Feb 10, 2026 |
| FY2025 | Dec 31, 2023 | 0 | Feb 10, 2026 |
| FY2024 | Dec 31, 2022 | 0 | Feb 11, 2025 |
| FY2023 | Dec 31, 2021 | (3) | Feb 27, 2024 |
| FY2020 | Dec 31, 2020 | 0 | Feb 9, 2021 |
| FY2020 | Sep 30, 2020 | 0 | Feb 9, 2021 |
| FY2020 | Jun 30, 2020 | 0 | Feb 9, 2021 |
| FY2020 | Mar 31, 2020 | (2) | Feb 9, 2021 |
| FY2020 | Dec 31, 2019 | 0 | Feb 9, 2021 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 379.30M | Feb 10, 2026 |
| FY2025 | Dec 31, 2024 | 387.34M | Feb 10, 2026 |
| FY2024 | Dec 31, 2023 | 411.20M | Feb 11, 2025 |
| FY2023 | Dec 31, 2022 | 213.57M | Feb 27, 2024 |
| FY2022 | Dec 31, 2021 | 215.14M | Jul 17, 2023 |
| FY2021 | Dec 31, 2020 | 187.63M | Feb 16, 2022 |
| FY2020 | Dec 31, 2019 | 192.04M | Feb 9, 2021 |
| FY2019 | Dec 31, 2018 | 213.61M | Feb 13, 2020 |
| FY2018 | Dec 31, 2017 | 222.46M | Feb 13, 2019 |
| FY2017 | Dec 31, 2016 | 148.13M | Feb 20, 2018 |