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

Screener

Other segment segments

Completion Services

$2.2B-10.9%

Drilling Products

$1.01B+8.8%

Similar metrics at other companies

TUSKDrilling — Total Assets

$5.08M+114%

NBRDrilling Solutions — Total Assets

$196.78M-55.7%

FETDrilling And Completions — Total Assets

$393.25M-4.3%

HALDrilling And Evaluation — Total Assets

$8.4B+5.0%

DUOTAsset Management Services — Total Assets

$7.92M-11.9%

CXWServices — Total Assets

$280.82M—

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$3.83B+82.9%

Enterprise value$4.76B+49.1%

P/S0.8×+0.4×

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:Assets.

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 item	March 31, 2026	December 31, 2025
Identifiable assets:
Drilling Services	$1,818,596	$1,865,598
Completion Services	2,196,904	2,341,232
Drilling Products	1,012,445	1,018,867
Segment assets	$5,027,945	$5,225,697
Other	30,127	29,418
Corporate (1)	302,447	315,351
Total assets	$5,360,519	$5,570,466

ITEM 1. Financial Statements

FAQ

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.