What is Patterson-UTI Energy's claims and insurance accruals?

Patterson-UTI Energy (PTEN) reported claims and insurance accruals of $73.26M in Q1 2026.

How has Patterson-UTI Energy's claims and insurance accruals changed year-over-year?

Patterson-UTI Energy's claims and insurance accruals increased by 582.2% year-over-year, from $10.74M to $73.26M.

What is the long-term trend for Patterson-UTI Energy's claims and insurance accruals?

Over 2 years (2023 to 2025), Patterson-UTI Energy's claims and insurance accruals has grown at a 152.8% compound annual growth rate (CAGR), from $11.52M to $73.62M.

Patterson-UTI Energy PTEN Claims and insurance accruals

Claims and insurance accruals at other companies

Schneider NationalSNDR

$197.7M+44.6%

Ollie's Bargain Outlet Holdings, Inc.OLLI

$12.27M+41.9%

CHE

ChemedCHE

$65.1M-1.0%

Lyft, Inc.LYFT

$2.25B+23.1%

RelianceRS

$56.4M+5.0%

RollinsROL

$45.2M+0.5%

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:AccruedInsuranceCurrent.

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 claims and insurance accruals.

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 claims and insurance accruals?: Patterson-UTI Energy (PTEN) reported claims and insurance accruals of $73.26M in Q1 2026.
How has Patterson-UTI Energy's claims and insurance accruals changed year-over-year?: Patterson-UTI Energy's claims and insurance accruals increased by 582.2% year-over-year, from $10.74M to $73.26M.
What is the long-term trend for Patterson-UTI Energy's claims and insurance accruals?: Over 2 years (2023 to 2025), Patterson-UTI Energy's claims and insurance accruals has grown at a 152.8% compound annual growth rate (CAGR), from $11.52M to $73.62M.