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Patterson-UTI Energy PTEN Interest coverage

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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$3.82B+29.4%

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

Calculated from Patterson-UTI Energy’s reported figures.

Based on trailing twelve months.

The official record: Patterson-UTI Energy’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Patterson-UTI Energy's interest coverage?
Patterson-UTI Energy (PTEN) reported interest coverage of -1× in Q1 2026.
How has Patterson-UTI Energy's interest coverage changed year-over-year?
Patterson-UTI Energy's interest coverage increased by 92.4% year-over-year, from -13.5× to -1×.
What is the long-term trend for Patterson-UTI Energy's interest coverage?
Over 5 years (2020 to 2025), Patterson-UTI Energy's interest coverage has grown at a -51.6% compound annual growth rate (CAGR), from -21.9× to -0.6×.
What does interest coverage mean?
Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.