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Patterson-UTI Energy PTEN Accounts Payable

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Other financials

Income statement

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Revenue$1.1B-12.7%
Operating income-$14.3M-184%
Net income-$24.6M-2,550%
EPS (diluted)-$0.06

Balance sheet

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Cash & equivalents$337.2M+49.8%
Total debt$1.3B-1.8%
Total equity$3.2B-7.8%
Total assets$5.4B-7.0%

Cash flow

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Operating cash flow$63.9M-69.3%
CapEx$116.6M-27.9%
Free cash flow-$52.8M-214%

Valuation

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Market cap$3.83B+82.9%
Enterprise value$4.76B+49.1%
P/S0.8×+0.4×

Profitability

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Operating margin-1.5%-0.7pp
Net margin-2.6%-1.2pp
FCF margin6%-1.9pp

Returns & leverage

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Return on equity-3.6%-1.7pp
Debt / equity0.4×0.0×
Current ratio1.8×+0.2×

Where this comes from

Reported directly by Patterson-UTI Energy in its filing.

Tagged under the XBRL concept us-gaap:AccountsPayableCurrent.

The source filing: Patterson-UTI Energy’s 10-Q, filed April 28, 2026.

Filed
Apr 28, 2026, 4:06 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000889900-26-000033
Line itemMarch 31, 2026December 31, 2025
Total assets$5,360,519$5,570,466
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable$442,423$470,782
Accrued liabilities256,326366,488
Operating lease liability15,84618,652
Finance lease liability5,6567,720
Total current liabilities720,251863,642

ITEM 1. Financial Statements

FAQ

What is Patterson-UTI Energy's accounts payable?
Patterson-UTI Energy (PTEN) reported accounts payable of $442.42M in Q1 2026.
How has Patterson-UTI Energy's accounts payable changed year-over-year?
Patterson-UTI Energy's accounts payable decreased by 13.9% year-over-year, from $513.96M to $442.42M.
What is the long-term trend for Patterson-UTI Energy's accounts payable?
Over 5 years (2020 to 2025), Patterson-UTI Energy's accounts payable has grown at a 38.9% compound annual growth rate (CAGR), from $91.02M to $470.78M.
What does accounts payable mean?
Amounts owed to suppliers and vendors for goods and services received but not yet paid. A primary source of short-term trade financing.

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