Patterson-UTI Energy, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.83B | $5.38B | $4.15B | $2.65B | $1.36B | $1.12B | $2.47B | $3.33B |
| Cost of Revenue | — | — | — | — | — | — | — | — |
| Gross Profit | — | — | — | — | — | — | — | — |
| Gross Margin | — | — | — | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $255.1M | $268.3M | $170.0M | $116.6M | $92.4M | $97.6M | $133.5M | $134.1M |
| Operating Income | $-40.8M | $-889.7M | $352.0M | $211.0M | $-677.8M | $-892.3M | $-461.6M | $-322.2M |
| Operating Margin | -0.8% | -16.5% | 8.5% | 8.0% | -49.9% | -79.4% | -18.7% | -9.7% |
| Interest Expense | — | — | $52.9M | $40.3M | $42.0M | $40.8M | $75.2M | $51.6M |
| Pretax Income | $-103.0M | $-956.9M | $307.1M | $167.9M | $-719.8M | $-931.0M | $-530.4M | $-367.4M |
| Income Tax Expense | $-9.9M | $9.5M | $61.2M | $13.2M | $-62.7M | $-127.3M | $-104.7M | $-46.0M |
| Net Income | $-93.6M | $-968.0M | $246.3M | $154.7M | $-654.5M | $-803.7M | $-425.7M | $-321.4M |
| Net Margin | -1.9% | -18.0% | 5.9% | 5.8% | -48.2% | -71.5% | -17.2% | -9.7% |
| EPS (Basic) | $-0.24 | $-2.44 | $0.88 | $0.72 | $-3.36 | $-4.27 | $-2.10 | $-1.47 |
| EPS (Diluted) | $-0.24 | $-2.44 | $0.88 | $0.70 | $-3.36 | $-4.27 | $-2.10 | $-1.47 |
| Shares Outstanding (Basic) | 383.5M | 397.2M | 279.5M | 215.9M | 195.0M | 188.0M | 203.0M | 218.6M |
| Shares Outstanding (Diluted) | 383.5M | 397.2M | 280.1M | 219.5M | 195.0M | 188.0M | 203.0M | 218.6M |
| Dividends Per Share | $0.32 | $0.32 | $0.32 | $0.20 | $0.08 | $0.10 | $0.16 | $0.14 |