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Patterson-UTI Energy PTEN Current ratio
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Where this comes from
Calculated from Patterson-UTI Energy’s reported figures.
Based on the most recent quarter.
The source filing: Patterson-UTI Energy’s 10-Q, filed April 28, 2026. Open the filing →
- Filed
- Apr 28, 2026, 4:06 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000889900-26-000033
FAQ
- What is Patterson-UTI Energy's current ratio?
- Patterson-UTI Energy (PTEN) reported current ratio of 1.8× in Q1 2026.
- How has Patterson-UTI Energy's current ratio changed year-over-year?
- Patterson-UTI Energy's current ratio increased by 14.0% year-over-year, from 1.6× to 1.8×.
- What is the long-term trend for Patterson-UTI Energy's current ratio?
- Over 5 years (2020 to 2025), Patterson-UTI Energy's current ratio has grown at a -1.2% compound annual growth rate (CAGR), from 1.7× to 1.6×.
- What does current ratio mean?
- Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.
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