Patterson-UTI Energy Inc (PTEN) — Capital Reinvestment Ratio
Patterson-UTI Energy Inc (PTEN) has a Capital Reinvestment Ratio of 1.83x as of March 2026, meaning it reinvests 2% of its operating cash flow ($63.86 Million) in capital expenditures ($116.63 Million). See Patterson-UTI Energy Inc balance sheet independence to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Patterson-UTI Energy Inc Capital Reinvestment Ratio (1992–2025)
This chart tracks Patterson-UTI Energy Inc's Capital Reinvestment Ratio across 34 annual periods. Check PTEN capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Patterson-UTI Energy Inc (1992–2025)
Year-by-year Capital Reinvestment Ratio for Patterson-UTI Energy Inc from 1992 to 2025. For live market cap and broader valuation context, see Patterson-UTI Energy Inc (PTEN) market capitalisation.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.61x | $961.22 Million | $589.03 Million | ▲ +6.2% |
| 2024 | 0.58x | $1.18 Billion | $678.39 Million | ▼ -5.7% |
| 2023 | 0.61x | $1.01 Billion | $615.69 Million | ▼ -20.7% |
| 2022 | 0.77x | $566.19 Million | $436.80 Million | ▼ -55.7% |
| 2021 | 1.74x | $95.50 Million | $166.32 Million | ▲ +233.8% |
| 2020 | 0.52x | $278.86 Million | $145.48 Million | ▲ +4.5% |
| 2019 | 0.50x | $696.20 Million | $347.51 Million | ▼ -43.1% |
| 2018 | 0.88x | $730.67 Million | $641.46 Million | ▼ -53.4% |
| 2017 | 1.89x | $300.71 Million | $567.09 Million | ▲ +380.2% |
| 2016 | 0.39x | $305.03 Million | $119.80 Million | ▼ -47.2% |
| 2015 | 0.74x | $999.44 Million | $743.78 Million | ▼ -48.5% |
| 2014 | 1.44x | $728.73 Million | $1.05 Billion | ▲ +93.8% |
| 2013 | 0.75x | $888.87 Million | $662.46 Million | ▼ -23.1% |
| 2012 | 0.97x | $1.01 Billion | $973.99 Million | ▼ -16.8% |
| 2011 | 1.16x | $868.60 Million | $1.01 Billion | ▼ -17.1% |
| 2010 | 1.40x | $525.70 Million | $738.09 Million | ▲ +40.7% |
| 2009 | 1.00x | $453.68 Million | $452.65 Million | ▲ +50.0% |
| 2008 | 0.67x | $675.00 Million | $448.89 Million | ▼ -11.1% |
| 2007 | 0.75x | $812.22 Million | $607.69 Million | ▲ +4.8% |
| 2006 | 0.71x | $837.17 Million | $597.92 Million | ▼ -13.5% |
| 2005 | 0.83x | $460.48 Million | $380.09 Million | ▼ -4.2% |
| 2004 | 0.86x | $222.29 Million | $191.56 Million | ▲ +18.9% |
| 2003 | 0.72x | $161.52 Million | $117.09 Million | ▲ +13.6% |
| 2002 | 0.64x | $131.43 Million | $83.84 Million | ▼ -6.3% |
| 2001 | 0.68x | $254.01 Million | $172.85 Million | ▼ -41.7% |
| 2000 | 1.17x | $49.01 Million | $57.15 Million | ▲ +46.5% |
| 1999 | 0.80x | $24.00 Million | $19.10 Million | ▼ -70.0% |
| 1998 | 2.65x | $30.00 Million | $79.60 Million | ▲ +8.3% |
| 1997 | 2.45x | $34.40 Million | $84.30 Million | ▼ -52.0% |
| 1996 | 5.11x | $4.70 Million | $24.00 Million | ▲ +57.8% |
| 1995 | 3.24x | $5.10 Million | $16.50 Million | ▲ +41.1% |
| 1994 | 2.29x | $4.10 Million | $9.40 Million | ▲ +62.9% |
| 1993 | 1.41x | $2.70 Million | $3.80 Million | ▼ -16.8% |
| 1992 | 1.69x | $1.30 Million | $2.20 Million | — |