Patterson-UTI Energy, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $418.5M | $239.2M | $190.1M | $137.6M | $117.5M | $224.9M | $174.2M | $245.0M |
| Accounts Receivable | $723.3M | $763.8M | $971.1M | $565.5M | $356.1M | $160.2M | $339.7M | $558.8M |
| Inventory | $160.3M | $167.0M | $180.8M | $65.4M | $42.4M | $33.1M | $36.4M | $65.6M |
| Total Current Assets | $1.42B | $1.30B | $1.49B | $829.4M | $583.7M | $478.0M | $631.8M | $950.2M |
| Property, Plant & Equipment | $2.71B | $3.01B | $3.34B | $2.26B | $2.33B | $2.76B | $3.31B | $4.00B |
| Goodwill | $487.4M | $487.4M | $1.38B | $0 | $0 | — | $395.1M | $410.8M |
| Intangible Assets (Excl. Goodwill) | $814.8M | $929.6M | $1.05B | $5.8M | $7.5M | $30.1M | $48.9M | $66.9M |
| Total Assets | $5.57B | $5.83B | $7.42B | $3.14B | $2.96B | $3.30B | $4.44B | $5.47B |
| Liabilities | ||||||||
| Accounts Payable | $470.8M | $421.3M | $534.4M | $237.1M | $190.2M | $91.0M | $170.5M | $289.0M |
| Total Current Liabilities | $863.6M | $842.0M | $1.05B | $551.0M | $435.9M | $273.7M | $400.6M | $526.3M |
| Long-Term Debt | $1.22B | $1.22B | $1.22B | $830.9M | $852.3M | $901.5M | $966.5M | $1.12B |
| Total Liabilities | $2.35B | $2.36B | $2.60B | $1.48B | $1.35B | $1.28B | $1.61B | $1.96B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-1.26B | $-1.04B | $57.0M | $-87.4M | $-198.3M | $472.0M | $1.29B | $1.75B |
| Total Stockholders' Equity | $3.22B | $3.47B | $4.81B | $1.67B | $1.61B | $2.02B | $2.83B | $3.51B |