What is Patterson-UTI Energy's finished goods?

Patterson-UTI Energy (PTEN) reported finished goods of $24.1M in Q1 2026.

How has Patterson-UTI Energy's finished goods changed year-over-year?

Patterson-UTI Energy's finished goods decreased by 30.1% year-over-year, from $34.49M to $24.1M.

What is the long-term trend for Patterson-UTI Energy's finished goods?

Over 2 years (2023 to 2025), Patterson-UTI Energy's finished goods has grown at a -9.5% compound annual growth rate (CAGR), from $32.06M to $26.27M.

What does finished goods mean?

Completed products ready for sale, valued at the lower of cost or net realizable value.

Patterson-UTI Energy PTEN Finished goods

Finished goods at other companies

Weatherford InternationalWFRD

$725M-6.0%

USA Compression PartnersUSAC

$10.51M—

CaterpillarCAT

$8.73B+4.8%

HalliburtonHAL

——

SPX TechnologiesSPXC

——

TechnipFMCFTI

——

Other financials

Income statement

See full

Revenue$1.1B-12.7%

Operating income-$14.3M-184%

Net income-$24.6M-2,550%

EPS (diluted)-$0.06—

Balance sheet

See full

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

See full

Operating cash flow$63.9M-69.3%

CapEx$116.6M-27.9%

Free cash flow-$52.8M-214%

Valuation

See full

Market cap$3.81B+29.4%

Enterprise value$4.74B+18.8%

P/S0.8×+0.2×

Profitability

See full

Operating margin-1.5%-0.7pp

Net margin-2.6%-1.2pp

FCF margin6%-1.9pp

Returns & leverage

See full

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:InventoryFinishedGoodsNetOfReserves.

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 finished goods?: Patterson-UTI Energy (PTEN) reported finished goods of $24.1M in Q1 2026.
How has Patterson-UTI Energy's finished goods changed year-over-year?: Patterson-UTI Energy's finished goods decreased by 30.1% year-over-year, from $34.49M to $24.1M.
What is the long-term trend for Patterson-UTI Energy's finished goods?: Over 2 years (2023 to 2025), Patterson-UTI Energy's finished goods has grown at a -9.5% compound annual growth rate (CAGR), from $32.06M to $26.27M.
What does finished goods mean?: Completed products ready for sale, valued at the lower of cost or net realizable value.