Patterson-UTI Energy Inc Capital Reinvestment Ratio
Patterson-UTI Energy Inc 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). See Patterson-UTI Energy Inc free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Patterson-UTI Energy Inc (1992–2025)
Capital reinvestment ratio of Patterson-UTI Energy Inc from 1992 to 2025. This chart tracks Patterson-UTI Energy Inc's Capital Reinvestment Ratio across 34 annual periods. See Patterson-UTI Energy Inc leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
Patterson-UTI Energy Inc Capital Reinvestment Ratio by Year (1992–2025)
Patterson-UTI Energy Inc capital reinvestment ratio by year from 1992 to 2025. For the full cash flow conversion analysis, see how efficiently does Patterson-UTI Energy Inc generate 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 | — |