How has Patterson-UTI Energy's drilling services — total assets changed year-over-year?

Patterson-UTI Energy's drilling services — total assets decreased by 9.1% year-over-year, from $2B to $1.82B.

What does drilling services — total assets mean?

The total book value of all assets specifically allocated to the drilling services segment, including drilling rigs, support equipment, and inventory. This metric is used to evaluate the asset intensity and return on assets for the segment.

Patterson-UTI Energy PTEN Drilling Services — Total Assets

Other segment segments

Completion Services

$2.2B-10.9%

Drilling Products

$1.01B+8.8%

Similar metrics at other companies

HALDrilling And Evaluation — Total Assets

$8.09B+1.4%

BKROilfield Services & Equipment — Total Assets

$18.63B+1.0%

AMTServices — Total Assets

$112.9M-14.1%

WFRDDRE — Total Assets

$920M-4.1%

KGSContract Services — Total Assets

$4.46B+1.7%

HPOffshore Solutions — Total Assets

$695.32M—

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

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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$3.81B+29.4%

Enterprise value$4.74B+18.8%

P/S0.8×+0.2×

Profitability

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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:Assets.

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 drilling services — total assets?: Patterson-UTI Energy (PTEN) reported drilling services — total assets of $1.82B in Q1 2026.
How has Patterson-UTI Energy's drilling services — total assets changed year-over-year?: Patterson-UTI Energy's drilling services — total assets decreased by 9.1% year-over-year, from $2B to $1.82B.
What does drilling services — total assets mean?: The total book value of all assets specifically allocated to the drilling services segment, including drilling rigs, support equipment, and inventory. This metric is used to evaluate the asset intensity and return on assets for the segment.