What is Patterson-UTI Energy's PP&E (net)?

Patterson-UTI Energy (PTEN) reported PP&E (net) of $2.63B in Q1 2026.

How has Patterson-UTI Energy's PP&E (net) changed year-over-year?

Patterson-UTI Energy's PP&E (net) decreased by 10.5% year-over-year, from $2.94B to $2.63B.

What is the long-term trend for Patterson-UTI Energy's PP&E (net)?

Over 5 years (2020 to 2025), Patterson-UTI Energy's PP&E (net) has grown at a -0.4% compound annual growth rate (CAGR), from $2.76B to $2.71B.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Patterson-UTI Energy PTEN PP&E (Net)

PP&E (Net) at other companies

HalliburtonHAL

$5.18B+0.6%

Helmerich & PayneHP

$3.98B-11.3%

Liberty EnergyLBRT

$2.14B+10.9%

TransoceanRIG

$12.46B-20.7%

Weatherford InternationalWFRD

$1.13B+2.4%

NOVA, Inc.NOV

$2.02B+3.3%

Segments

By geography

See full

United States$2.95B—

Colombia$35.15M—

Canada$12.7M—

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:PropertyPlantAndEquipmentNet.

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 pp&e (net).

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

Connect your AI

Claude

Questions, answered.

What is Patterson-UTI Energy's PP&E (net)?: Patterson-UTI Energy (PTEN) reported PP&E (net) of $2.63B in Q1 2026.
How has Patterson-UTI Energy's PP&E (net) changed year-over-year?: Patterson-UTI Energy's PP&E (net) decreased by 10.5% year-over-year, from $2.94B to $2.63B.
What is the long-term trend for Patterson-UTI Energy's PP&E (net)?: Over 5 years (2020 to 2025), Patterson-UTI Energy's PP&E (net) has grown at a -0.4% compound annual growth rate (CAGR), from $2.76B to $2.71B.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.