Connect your AI

Patterson-UTI Energy PTEN Work in process

Work in process at other companies

USA Compression PartnersUSAC

$31.97M—

CaterpillarCAT

$1.6B+11.1%

HalliburtonHAL

——

SPX TechnologiesSPXC

——

TechnipFMCFTI

——

Other financials

Income statement

Revenue$1.1B-12.7%

Operating income-$14.3M-184%

Net income-$24.6M-2,550%

EPS (diluted)-$0.06—

Balance sheet

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

Operating cash flow$63.9M-69.3%

CapEx$116.6M-27.9%

Free cash flow-$52.8M-214%

Valuation

Market cap$3.82B+29.4%

Profitability

Operating margin-1.5%-0.7pp

Net margin-2.6%-1.2pp

FCF margin6%-1.9pp

Returns & leverage

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:InventoryWorkInProcessNetOfReserves.

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

Ask your AI about Patterson-UTI Energy's work in process.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Harbor at dusk

Questions, answered.

What is Patterson-UTI Energy's work in process?: Patterson-UTI Energy (PTEN) reported work in process of $6.03M in Q1 2026.
How has Patterson-UTI Energy's work in process changed year-over-year?: Patterson-UTI Energy's work in process decreased by 10.7% year-over-year, from $6.75M to $6.03M.
What is the long-term trend for Patterson-UTI Energy's work in process?: Over 2 years (2023 to 2025), Patterson-UTI Energy's work in process has grown at a -21.6% compound annual growth rate (CAGR), from $7.44M to $4.57M.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.