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Patterson-UTI Energy PTEN Prepaid & Other Current

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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:OtherPrepaidExpenseCurrent.

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
Federal and state income taxes receivable$6,560$22,194
Workers’ compensation receivable30,53730,492
Prepaid expenses30,09934,829
Other24,86126,377
Other current assets$92,057$113,892

ITEM 1. Financial Statements

FAQ

What is Patterson-UTI Energy's prepaid & other current?
Patterson-UTI Energy (PTEN) reported prepaid & other current of $24.86M in Q1 2026.
How has Patterson-UTI Energy's prepaid & other current changed year-over-year?
Patterson-UTI Energy's prepaid & other current decreased by 36.5% year-over-year, from $39.16M to $24.86M.
What is the long-term trend for Patterson-UTI Energy's prepaid & other current?
Over 5 years (2020 to 2025), Patterson-UTI Energy's prepaid & other current has grown at a -13.8% compound annual growth rate (CAGR), from $55.31M to $26.38M.
What does prepaid & other current mean?
Advance payments for expenses (rent, insurance, subscriptions) plus miscellaneous current assets not classified elsewhere.

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