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Patterson-UTI Energy PTEN Goodwill
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Where this comes from
Reported directly by Patterson-UTI Energy in its filing.
Tagged under the XBRL concept us-gaap:Goodwill.
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 item | March 31, 2026 | December 31, 2025 |
|---|---|---|
| Property and equipment, net | 2,627,928 | 2,711,037 |
| Operating lease right of use asset | 37,978 | 42,982 |
| Finance lease right of use asset | 7,822 | 14,932 |
| Goodwill | 487,388 | 487,388 |
| Intangible assets, net | 784,217 | 814,810 |
| Deposits on equipment purchases | 14,207 | 11,757 |
| Other assets | 78,707 | 69,469 |
| Total assets | $5,360,519 | $5,570,466 |
ITEM 1. Financial Statements
FAQ
- What is Patterson-UTI Energy's goodwill?
- Patterson-UTI Energy (PTEN) reported goodwill of $487.39M in Q1 2026.
- How has Patterson-UTI Energy's goodwill changed year-over-year?
- Patterson-UTI Energy's goodwill decreased by 0.0% year-over-year, from $487.39M to $487.39M.
- What is the long-term trend for Patterson-UTI Energy's goodwill?
- Over 4 years (2020 to 2025), Patterson-UTI Energy's goodwill has grown at a 100.6% compound annual growth rate (CAGR), from $30.09M to $487.39M.
- What does goodwill mean?
- The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.
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