Patterson-UTI Energy Balance Sheet
NASDAQ: PTENEnergyOil & Gas ProductionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Patterson-UTI Energy financial position
At the end of fiscal 2025, Patterson-UTI Energy reported total assets of $5.57 billion, down 4.5% from a year earlier against total liabilities of $2.35 billion. Shareholders' equity stood at $3.22 billion, or 57.8% of assets. The company held $418.5 million in cash and equivalents against $1.22 billion of debt, a net debt position of $802.5 million.
The current ratio (current assets divided by current liabilities) was 1.64, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.38.
Summary generated from market data by MetaCap's automated system. Methodology
Patterson-UTI Energy balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 418.51M | 239.18M | 190.11M | 137.55M | 117.52M | 224.91M | 174.19M | 245.03M | 42.83M | 35.15M |
| Receivables | 723.28M | 763.81M | 971.09M | 565.52M | 356.08M | 160.21M | 339.70M | 558.82M | 580.35M | 148.09M |
| Inventory | 160.28M | 167.02M | 180.81M | 65.38M | 42.36M | 33.09M | 36.36M | 65.58M | 69.17M | 20.19M |
| Total Current Assets | 1.42B | 1.30B | 1.49B | 829.42M | 583.65M | 477.96M | 631.82M | 950.20M | 746.86M | 246.88M |
| Property, Plant & Equipment | 2.71B | 3.01B | 3.34B | 2.26B | 2.33B | 2.76B | 3.31B | 4.00B | 4.25B | 3.41B |
| Goodwill | 487.39M | 487.39M | 1.38B | 0 | 0 | — | 395.06M | 410.76M | 611.47M | 86.23M |
| Intangible Assets | 814.81M | 929.61M | 1.05B | 5.84M | 7.54M | 30.09M | 48.94M | 66.88M | 75.60M | 2.73M |
| Total Assets | 5.57B | 5.83B | 7.42B | 3.14B | 2.96B | 3.30B | 4.44B | 5.47B | 5.76B | 3.77B |
| Accounts Payable | 470.78M | 421.32M | 534.42M | 237.06M | 190.22M | 91.02M | 170.47M | 288.96M | 319.62M | 125.67M |
| Short-Term Debt | 0 | 6.39M | 12.23M | 0 | — | — | — | — | — | — |
| Total Current Liabilities | 863.64M | 841.99M | 1.05B | 550.97M | 435.85M | 273.72M | 400.60M | 526.32M | 546.25M | 264.81M |
| Long-Term Debt | 1.22B | 1.22B | 1.22B | 830.94M | 852.32M | 901.48M | 966.54M | 1.12B | 598.78M | 598.44M |
| Total Liabilities | 2.35B | 2.36B | 2.60B | 1.48B | 1.35B | 1.28B | 1.61B | 1.96B | 1.78B | 1.52B |
| Shareholders' Equity | 3.22B | 3.47B | 4.81B | 1.67B | 1.61B | 2.02B | 2.83B | 3.51B | 3.98B | 2.25B |
| Retained Earnings | -1.26B | -1.04B | 57.03M | -87.39M | -198.32M | 472.01M | 1.29B | 1.75B | 2.11B | 2.12B |
| Total Debt | 1.22B | 1.23B | 1.24B | 830.94M | 852.32M | 901.48M | 966.54M | 1.12B | 598.78M | 598.44M |
| Net Cash (Debt) | -802.53M | -986.98M | -1.05B | -693.38M | -734.80M | -676.57M | -792.36M | -874.18M | -555.96M | -563.28M |
| Shares Outstanding | 379.30M | 387.34M | 411.20M | 213.57M | 215.14M | 187.63M | 192.04M | 213.61M | 222.46M | 148.13M |
This table shows 10 annual periods of Patterson-UTI Energy's balance sheet, from FY 2025 back to FY 2016, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow PTEN's reporting calendar. What is a balance sheet?