Patterson-UTI Energy, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-93.6M | $-968.0M | $246.3M | $154.7M | $-654.5M | $-803.7M | $-425.7M | $-321.4M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $126.0M | $124.0M | $41.5M | $1.3M | $24.0M | $19.3M | $17.9M | $18.3M |
| Stock-Based Compensation | $39.3M | $46.4M | $46.8M | $21.1M | $21.6M | $26.6M | $39.3M | $37.9M |
| Net Cash from Operating Activities | $961.2M | $1.18B | $1.01B | $566.2M | $95.5M | $278.9M | $696.2M | $730.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $589.0M | $678.4M | $615.7M | $436.8M | $166.3M | $145.5M | $347.5M | $641.5M |
| Business Acquisitions | $0 | $0 | $65.2M | $0 | $29.4M | $0 | $13.0K | $14.2M |
| Net Cash from Investing Activities | $-567.2M | $-654.7M | $-1.02B | $-413.2M | $-131.6M | $-125.0M | $-301.8M | $-584.6M |
| Financing Activities | ||||||||
| Dividends Paid | $122.5M | $126.8M | $100.0M | $43.1M | $15.6M | $18.9M | $32.4M | $30.6M |
| Stock Repurchases | $69.6M | $290.4M | $200.7M | $70.1M | $6.3M | $21.2M | $255.5M | $161.7M |
| Net Cash from Financing Activities | $-210.7M | $-475.0M | $65.6M | $-133.4M | $-71.9M | $-103.2M | $-465.2M | $56.9M |
| Net Change in Cash | $179.3M | $48.6M | $55.1M | $20.0M | $-107.4M | $50.7M | $-70.8M | $202.2M |
| Free Cash Flow | $372.2M | $497.2M | $390.2M | $129.4M | $-70.8M | $133.4M | $348.7M | $89.2M |