Logo image of PTEN

PATTERSON-UTI ENERGY INC (PTEN) Stock Fundamental Analysis

NASDAQ:PTEN - Nasdaq - US7034811015 - Common Stock - Currency: USD

5.8  +0.23 (+4.13%)

After market: 5.627 -0.17 (-2.98%)

Fundamental Rating

3

Taking everything into account, PTEN scores 3 out of 10 in our fundamental rating. PTEN was compared to 63 industry peers in the Energy Equipment & Services industry. PTEN may be in some trouble as it scores bad on both profitability and health. PTEN is quite expensive at the moment. It does show a decent growth rate. Finally PTEN also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

Quickly go to:

2

1. Profitability

1.1 Basic Checks

In the past year PTEN has reported negative net income.
PTEN had a positive operating cash flow in the past year.
In multiple years PTEN reported negative net income over the last 5 years.
PTEN had a positive operating cash flow in each of the past 5 years.
PTEN Yearly Net Income VS EBIT VS OCF VS FCFPTEN Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M 1B

1.2 Ratios

PTEN's Return On Assets of -17.66% is on the low side compared to the rest of the industry. PTEN is outperformed by 90.48% of its industry peers.
Looking at the Return On Equity, with a value of -29.71%, PTEN is doing worse than 80.95% of the companies in the same industry.
Industry RankSector Rank
ROA -17.66%
ROE -29.71%
ROIC N/A
ROA(3y)-2.78%
ROA(5y)-10.97%
ROE(3y)-4.51%
ROE(5y)-18.81%
ROIC(3y)N/A
ROIC(5y)N/A
PTEN Yearly ROA, ROE, ROICPTEN Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -10 -20 -30 -40

1.3 Margins

The Gross Margin of PTEN (26.11%) is comparable to the rest of the industry.
PTEN's Gross Margin has been stable in the last couple of years.
PTEN does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 26.11%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y10.18%
GM growth 5Y-0.79%
PTEN Yearly Profit, Operating, Gross MarginsPTEN Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 -40 -60

More info and screens

3

2. Health

2.1 Basic Checks

PTEN does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, PTEN has less shares outstanding
The number of shares outstanding for PTEN has been increased compared to 5 years ago.
PTEN has a worse debt/assets ratio than last year.
PTEN Yearly Shares OutstandingPTEN Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M 400M
PTEN Yearly Total Debt VS Total AssetsPTEN Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B

2.2 Solvency

Based on the Altman-Z score of 1.26, we must say that PTEN is in the distress zone and has some risk of bankruptcy.
PTEN has a Altman-Z score of 1.26. This is in the lower half of the industry: PTEN underperforms 69.84% of its industry peers.
The Debt to FCF ratio of PTEN is 3.08, which is a good value as it means it would take PTEN, 3.08 years of fcf income to pay off all of its debts.
PTEN's Debt to FCF ratio of 3.08 is fine compared to the rest of the industry. PTEN outperforms 61.90% of its industry peers.
A Debt/Equity ratio of 0.36 indicates that PTEN is not too dependend on debt financing.
The Debt to Equity ratio of PTEN (0.36) is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.36
Debt/FCF 3.08
Altman-Z 1.26
ROIC/WACCN/A
WACC9.41%
PTEN Yearly LT Debt VS Equity VS FCFPTEN Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B 4B

2.3 Liquidity

A Current Ratio of 1.61 indicates that PTEN should not have too much problems paying its short term obligations.
With a Current ratio value of 1.61, PTEN is not doing good in the industry: 65.08% of the companies in the same industry are doing better.
A Quick Ratio of 1.40 indicates that PTEN should not have too much problems paying its short term obligations.
With a Quick ratio value of 1.40, PTEN is not doing good in the industry: 60.32% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 1.61
Quick Ratio 1.4
PTEN Yearly Current Assets VS Current LiabilitesPTEN Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B

More info and screens

4

3. Growth

3.1 Past

PTEN shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -111.58%.
The Revenue has been growing slightly by 5.82% in the past year.
The Revenue has been growing by 16.83% on average over the past years. This is quite good.
EPS 1Y (TTM)-111.58%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-100%
Revenue 1Y (TTM)5.82%
Revenue growth 3Y58.25%
Revenue growth 5Y16.83%
Sales Q2Q%-15.22%

3.2 Future

PTEN is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 94.44% yearly.
PTEN is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.95% yearly.
EPS Next Y-366.48%
EPS Next 2Y-46.56%
EPS Next 3Y93.7%
EPS Next 5Y94.44%
Revenue Next Year-9.34%
Revenue Next 2Y-4.6%
Revenue Next 3Y-2.99%
Revenue Next 5Y5.95%

3.3 Evolution

The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
PTEN Yearly Revenue VS EstimatesPTEN Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2B 4B 6B
PTEN Yearly EPS VS EstimatesPTEN Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 0 1 -1 -2

More info and screens

3

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings Ratio is negative for PTEN. In the last year negative earnings were reported.
Also next year PTEN is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
PTEN Price Earnings VS Forward Price EarningsPTEN Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 -200 -400 -600 -800

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, PTEN is valued cheaper than 93.65% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, PTEN is valued cheaply inside the industry as 88.89% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 5.53
EV/EBITDA 2.95
PTEN Per share dataPTEN EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 4 6 8 10

4.3 Compensation for Growth

PTEN's earnings are expected to grow with 93.70% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-46.56%
EPS Next 3Y93.7%

More info and screens

7

5. Dividend

5.1 Amount

PTEN has a Yearly Dividend Yield of 5.66%, which is a nice return.
The stock price of PTEN dropped by -22.77% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 3.82, PTEN pays a better dividend. On top of this PTEN pays more dividend than 92.06% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, PTEN pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.66%

5.2 History

The dividend of PTEN is nicely growing with an annual growth rate of 14.73%!
PTEN has paid a dividend for at least 10 years, which is a reliable track record.
PTEN has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)14.73%
Div Incr Years0
Div Non Decr Years3
PTEN Yearly Dividends per sharePTEN Yearly Dividends per shareYearly Dividends per share 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 0 0 0 0

5.3 Sustainability

The earnings of PTEN are negative and hence is the payout ratio. PTEN will probably not be able to sustain this dividend level.
PTEN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-12.29%
EPS Next 2Y-46.56%
EPS Next 3Y93.7%
PTEN Yearly Income VS Free CF VS DividendPTEN Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -500M

More info and screens

PATTERSON-UTI ENERGY INC

NASDAQ:PTEN (6/6/2025, 8:21:11 PM)

After market: 5.627 -0.17 (-2.98%)

5.8

+0.23 (+4.13%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)04-23 2025-04-23/amc
Earnings (Next)07-23 2025-07-23/amc
Inst Owners98.04%
Inst Owner Change0.57%
Ins Owners2.43%
Ins Owner Change5.03%
Market Cap2.24B
Analysts80
Price Target9.38 (61.72%)
Short Float %7.96%
Short Ratio1.99
Dividend
Industry RankSector Rank
Dividend Yield 5.66%
Yearly Dividend0.32
Dividend Growth(5Y)14.73%
DP-12.29%
Div Incr Years0
Div Non Decr Years3
Ex-Date06-02 2025-06-02 (0.08)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)38.84%
Min EPS beat(2)-22.31%
Max EPS beat(2)100%
EPS beat(4)1
Avg EPS beat(4)-34.38%
Min EPS beat(4)-135.25%
Max EPS beat(4)100%
EPS beat(8)3
Avg EPS beat(8)-20.36%
EPS beat(12)7
Avg EPS beat(12)23.43%
EPS beat(16)9
Avg EPS beat(16)19.81%
Revenue beat(2)1
Avg Revenue beat(2)-1.37%
Min Revenue beat(2)-8.57%
Max Revenue beat(2)5.83%
Revenue beat(4)2
Avg Revenue beat(4)-2.31%
Min Revenue beat(4)-8.57%
Max Revenue beat(4)5.83%
Revenue beat(8)4
Avg Revenue beat(8)-0.26%
Revenue beat(12)8
Avg Revenue beat(12)1.29%
Revenue beat(16)9
Avg Revenue beat(16)0.98%
PT rev (1m)-6.06%
PT rev (3m)-12.16%
EPS NQ rev (1m)-44.37%
EPS NQ rev (3m)-113.23%
EPS NY rev (1m)-87.11%
EPS NY rev (3m)-131.66%
Revenue NQ rev (1m)1.52%
Revenue NQ rev (3m)1.6%
Revenue NY rev (1m)1.49%
Revenue NY rev (3m)1.19%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.43
P/FCF 5.53
P/OCF 2.2
P/B 0.65
P/tB 1.1
EV/EBITDA 2.95
EPS(TTM)-0.11
EYN/A
EPS(NY)-0.01
Fwd EYN/A
FCF(TTM)1.05
FCFY18.07%
OCF(TTM)2.64
OCFY45.46%
SpS13.34
BVpS8.88
TBVpS5.28
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -17.66%
ROE -29.71%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 26.11%
FCFM 7.86%
ROA(3y)-2.78%
ROA(5y)-10.97%
ROE(3y)-4.51%
ROE(5y)-18.81%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)5.12%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y10.18%
GM growth 5Y-0.79%
F-Score5
Asset Turnover0.89
Health
Industry RankSector Rank
Debt/Equity 0.36
Debt/FCF 3.08
Debt/EBITDA 1.14
Cap/Depr 54.33%
Cap/Sales 11.91%
Interest Coverage N/A
Cash Conversion 94.64%
Profit Quality N/A
Current Ratio 1.61
Quick Ratio 1.4
Altman-Z 1.26
F-Score5
WACC9.41%
ROIC/WACCN/A
Cap/Depr(3y)77.44%
Cap/Depr(5y)54.72%
Cap/Sales(3y)14.65%
Cap/Sales(5y)13.83%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-111.58%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-100%
EPS Next Y-366.48%
EPS Next 2Y-46.56%
EPS Next 3Y93.7%
EPS Next 5Y94.44%
Revenue 1Y (TTM)5.82%
Revenue growth 3Y58.25%
Revenue growth 5Y16.83%
Sales Q2Q%-15.22%
Revenue Next Year-9.34%
Revenue Next 2Y-4.6%
Revenue Next 3Y-2.99%
Revenue Next 5Y5.95%
EBIT growth 1Y-112.66%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year495.35%
EBIT Next 3Y82.78%
EBIT Next 5Y55.6%
FCF growth 1Y31.68%
FCF growth 3YN/A
FCF growth 5Y7.35%
OCF growth 1Y32.73%
OCF growth 3Y130.89%
OCF growth 5Y11.05%