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Patterson-UTI Energy PTEN Operating Lease ROU Assets

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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$3.83B+82.9%
Enterprise value$4.76B+49.1%
P/S0.8×+0.4×

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

Reported directly by Patterson-UTI Energy in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseRightOfUseAsset.

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 itemMarch 31, 2026December 31, 2025
Other current assets92,057113,892
Total current assets1,322,2721,418,091
Property and equipment, net2,627,9282,711,037
Operating lease right of use asset37,97842,982
Finance lease right of use asset7,82214,932
Goodwill487,388487,388
Intangible assets, net784,217814,810
Deposits on equipment purchases14,20711,757

ITEM 1. Financial Statements

FAQ

What is Patterson-UTI Energy's operating lease ROU assets?
Patterson-UTI Energy (PTEN) reported operating lease ROU assets of $37.98M in Q1 2026.
How has Patterson-UTI Energy's operating lease ROU assets changed year-over-year?
Patterson-UTI Energy's operating lease ROU assets decreased by 11.2% year-over-year, from $42.79M to $37.98M.
What is the long-term trend for Patterson-UTI Energy's operating lease ROU assets?
Over 5 years (2020 to 2025), Patterson-UTI Energy's operating lease ROU assets has grown at a 20.6% compound annual growth rate (CAGR), from $16.85M to $42.98M.
What does operating lease ROU assets mean?
Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

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