Patterson-UTI Energy Inc (PTEN) — Capital Reinvestment Ratio
Patterson-UTI Energy Inc (PTEN) has a Capital Reinvestment Ratio of 2.78x as of June 2026, meaning it reinvests 3% of its operating cash flow ($56.08 Million) in capital expenditures ($155.92 Million). Check tangible net worth ratio of Patterson-UTI Energy Inc to evaluate the tangible quality of the company's equity base.
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. For the full cash flow conversion analysis, see Patterson-UTI Energy Inc cash conversion from operations.
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. See Patterson-UTI Energy Inc free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
| 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 | — |