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PATTERSON-UTI ENERGY INC (PTEN) Stock Fundamental Analysis

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

5.43  +0.08 (+1.5%)

After market: 5.394 -0.04 (-0.66%)

Fundamental Rating

3

Overall PTEN gets a fundamental rating of 3 out of 10. We evaluated PTEN against 61 industry peers in the Energy Equipment & Services industry. PTEN has a bad profitability rating. Also its financial health evaluation is rather negative. PTEN has a expensive valuation and it also scores bad on growth. PTEN also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

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2

1. Profitability

1.1 Basic Checks

PTEN had negative earnings in the past year.
In the past year PTEN had a positive cash flow from operations.
In multiple years PTEN reported negative net income over the last 5 years.
In the past 5 years PTEN always reported a positive cash flow from operatings.
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

With a Return On Assets value of -19.34%, PTEN is not doing good in the industry: 91.80% of the companies in the same industry are doing better.
The Return On Equity of PTEN (-32.27%) is worse than 81.97% of its industry peers.
Industry RankSector Rank
ROA -19.34%
ROE -32.27%
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

PTEN has a Gross Margin of 25.04%. This is comparable to the rest of the industry: PTEN outperforms 50.82% of its industry peers.
In the last couple of years the Gross Margin of PTEN has remained more or less at the same level.
The Profit Margin and Operating Margin are not available for PTEN so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) N/A
GM 25.04%
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

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3

2. Health

2.1 Basic Checks

PTEN does not have a ROIC to compare to the WACC, probably because it is not profitable.
The number of shares outstanding for PTEN has been reduced compared to 1 year ago.
PTEN has more shares outstanding than it did 5 years ago.
The debt/assets ratio for PTEN is higher compared to a year ago.
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

PTEN has an Altman-Z score of 1.20. This is a bad value and indicates that PTEN is not financially healthy and even has some risk of bankruptcy.
PTEN has a Altman-Z score of 1.20. This is in the lower half of the industry: PTEN underperforms 67.21% of its industry peers.
PTEN has a debt to FCF ratio of 3.73. This is a good value and a sign of high solvency as PTEN would need 3.73 years to pay back of all of its debts.
PTEN has a Debt to FCF ratio of 3.73. This is comparable to the rest of the industry: PTEN outperforms 52.46% of its industry peers.
PTEN has a Debt/Equity ratio of 0.37. This is a healthy value indicating a solid balance between debt and equity.
PTEN has a Debt to Equity ratio (0.37) which is comparable to the rest of the industry.
Industry RankSector Rank
Debt/Equity 0.37
Debt/FCF 3.73
Altman-Z 1.2
ROIC/WACCN/A
WACC8.47%
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 1.73 indicates that PTEN should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.73, PTEN is doing worse than 60.66% of the companies in the same industry.
PTEN has a Quick Ratio of 1.50. This is a normal value and indicates that PTEN is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of PTEN (1.50) is comparable to the rest of the industry.
Industry RankSector Rank
Current Ratio 1.73
Quick Ratio 1.5
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

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3

3. Growth

3.1 Past

The earnings per share for PTEN have decreased strongly by -150.94% in the last year.
PTEN shows a decrease in Revenue. In the last year, the revenue decreased by -7.98%.
Measured over the past years, PTEN shows a quite strong growth in Revenue. The Revenue has been growing by 16.83% on average per year.
EPS 1Y (TTM)-150.94%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-533.33%
Revenue 1Y (TTM)-7.98%
Revenue growth 3Y58.25%
Revenue growth 5Y16.83%
Sales Q2Q%-9.56%

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.
Based on estimates for the next years, PTEN will show a small growth in Revenue. The Revenue will grow by 5.95% on average per year.
EPS Next Y-580.04%
EPS Next 2Y-177.86%
EPS Next 3Y74.95%
EPS Next 5Y94.44%
Revenue Next Year-12.21%
Revenue Next 2Y-7.89%
Revenue Next 3Y-4.06%
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

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3

4. Valuation

4.1 Price/Earnings Ratio

PTEN reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for PTEN. No positive earnings are expected for the next year.
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 10 -10 20 -20 30

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, PTEN is valued cheaply inside the industry as 93.44% of the companies are valued more expensively.
86.89% of the companies in the same industry are more expensive than PTEN, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 6.28
EV/EBITDA 3.2
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

A more expensive valuation may be justified as PTEN's earnings are expected to grow with 74.95% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-177.86%
EPS Next 3Y74.95%

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7

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 5.98%, PTEN is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 3.82, PTEN pays a better dividend. On top of this PTEN pays more dividend than 90.16% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.39, PTEN pays a better dividend.
Industry RankSector Rank
Dividend Yield 5.98%

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-11.5%
EPS Next 2Y-177.86%
EPS Next 3Y74.95%
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

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PATTERSON-UTI ENERGY INC

NASDAQ:PTEN (8/8/2025, 8:01:45 PM)

After market: 5.394 -0.04 (-0.66%)

5.43

+0.08 (+1.5%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)07-24 2025-07-24/bmo
Earnings (Next)10-21 2025-10-21/amc
Inst Owners98.3%
Inst Owner Change-0.25%
Ins Owners2.45%
Ins Owner Change4.14%
Market Cap2.09B
Analysts76.52
Price Target7.87 (44.94%)
Short Float %10.13%
Short Ratio2.99
Dividend
Industry RankSector Rank
Dividend Yield 5.98%
Yearly Dividend0.32
Dividend Growth(5Y)14.73%
DP-11.5%
Div Incr Years0
Div Non Decr Years3
Ex-Date09-02 2025-09-02 (0.08)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-43.43%
Min EPS beat(2)-186.86%
Max EPS beat(2)100%
EPS beat(4)1
Avg EPS beat(4)-61.11%
Min EPS beat(4)-186.86%
Max EPS beat(4)100%
EPS beat(8)2
Avg EPS beat(8)-43.73%
EPS beat(12)6
Avg EPS beat(12)-22.1%
EPS beat(16)9
Avg EPS beat(16)8.27%
Revenue beat(2)1
Avg Revenue beat(2)1.88%
Min Revenue beat(2)-2.06%
Max Revenue beat(2)5.83%
Revenue beat(4)2
Avg Revenue beat(4)-1.1%
Min Revenue beat(4)-8.57%
Max Revenue beat(4)5.83%
Revenue beat(8)4
Avg Revenue beat(8)0.09%
Revenue beat(12)7
Avg Revenue beat(12)0.54%
Revenue beat(16)9
Avg Revenue beat(16)1%
PT rev (1m)-9.86%
PT rev (3m)-21.17%
EPS NQ rev (1m)-43.41%
EPS NQ rev (3m)-4200.91%
EPS NY rev (1m)0%
EPS NY rev (3m)-237.06%
Revenue NQ rev (1m)-2.2%
Revenue NQ rev (3m)-6.68%
Revenue NY rev (1m)-1.51%
Revenue NY rev (3m)-1.71%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.42
P/FCF 6.28
P/OCF 2.18
P/B 0.63
P/tB 1.05
EV/EBITDA 3.2
EPS(TTM)-0.27
EYN/A
EPS(NY)-0.23
Fwd EYN/A
FCF(TTM)0.86
FCFY15.92%
OCF(TTM)2.49
OCFY45.9%
SpS13.03
BVpS8.68
TBVpS5.15
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -19.34%
ROE -32.27%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) N/A
GM 25.04%
FCFM 6.64%
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 Turnover0.9
Health
Industry RankSector Rank
Debt/Equity 0.37
Debt/FCF 3.73
Debt/EBITDA 1.25
Cap/Depr 55.83%
Cap/Sales 12.49%
Interest Coverage N/A
Cash Conversion 97.48%
Profit Quality N/A
Current Ratio 1.73
Quick Ratio 1.5
Altman-Z 1.2
F-Score5
WACC8.47%
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)-150.94%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-533.33%
EPS Next Y-580.04%
EPS Next 2Y-177.86%
EPS Next 3Y74.95%
EPS Next 5Y94.44%
Revenue 1Y (TTM)-7.98%
Revenue growth 3Y58.25%
Revenue growth 5Y16.83%
Sales Q2Q%-9.56%
Revenue Next Year-12.21%
Revenue Next 2Y-7.89%
Revenue Next 3Y-4.06%
Revenue Next 5Y5.95%
EBIT growth 1Y-137.69%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year469.56%
EBIT Next 3Y78.49%
EBIT Next 5Y55.6%
FCF growth 1Y-13%
FCF growth 3YN/A
FCF growth 5Y7.35%
OCF growth 1Y9.29%
OCF growth 3Y130.89%
OCF growth 5Y11.05%