Patterson-UTI Energy Inc (PTEN) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Patterson-UTI Energy Inc (PTEN) has a cash flow conversion efficiency ratio of 0.020x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($63.86 Million) by net assets ($3.17 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See PTEN net asset quality score to measure how much of total assets are equity-financed.
Patterson-UTI Energy Inc - Cash Flow Conversion Efficiency Trend (1992–2025)
This chart illustrates how Patterson-UTI Energy Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Patterson-UTI Energy Inc cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Patterson-UTI Energy Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Patterson-UTI Energy Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
FIELMANN AG (ADR/1/5)O.N.
F:FIE1
|
N/A |
|
M/I Homes Inc
NYSE:MHO
|
-0.003x |
|
KINGDEE INT. UNS.ADR/100
F:KDID
|
N/A |
|
Gibson Energy Inc.
TO:GEI
|
-0.020x |
|
Dorman Products Inc
NASDAQ:DORM
|
0.030x |
|
First BanCorp.
NYSE:FBP
|
0.058x |
|
Zhejiang Taotao Vehicles Co. Ltd. A
SHE:301345
|
N/A |
|
Merdeka Copper Gold PT
JK:MDKA
|
0.019x |
Annual Cash Flow Conversion Efficiency for Patterson-UTI Energy Inc (1992–2025)
The table below shows the annual cash flow conversion efficiency of Patterson-UTI Energy Inc from 1992 to 2025. For the full company profile with market capitalisation and key ratios, see PTEN market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $3.22 Billion | $961.22 Million | 0.298x | -11.86% |
| 2024-12-31 | $3.48 Billion | $1.18 Billion | 0.338x | +62.08% |
| 2023-12-31 | $4.82 Billion | $1.01 Billion | 0.209x | -38.62% |
| 2022-12-31 | $1.67 Billion | $566.19 Million | 0.340x | +472.94% |
| 2021-12-31 | $1.61 Billion | $95.50 Million | 0.059x | -57.10% |
| 2020-12-31 | $2.02 Billion | $278.86 Million | 0.138x | -43.70% |
| 2019-12-31 | $2.83 Billion | $696.20 Million | 0.246x | +17.87% |
| 2018-12-31 | $3.51 Billion | $730.67 Million | 0.208x | +176.05% |
| 2017-12-31 | $3.98 Billion | $300.71 Million | 0.076x | -44.34% |
| 2016-12-31 | $2.25 Billion | $305.03 Million | 0.136x | -65.24% |
| 2015-12-31 | $2.56 Billion | $999.44 Million | 0.390x | +55.61% |
| 2014-12-31 | $2.91 Billion | $728.73 Million | 0.251x | -22.24% |
| 2013-12-31 | $2.76 Billion | $888.87 Million | 0.323x | -15.29% |
| 2012-12-31 | $2.64 Billion | $1.01 Billion | 0.381x | +10.31% |
| 2011-12-31 | $2.52 Billion | $868.60 Million | 0.345x | +43.63% |
| 2010-12-31 | $2.19 Billion | $525.70 Million | 0.240x | +10.27% |
| 2009-12-31 | $2.08 Billion | $453.68 Million | 0.218x | -31.33% |
| 2008-12-31 | $2.13 Billion | $675.00 Million | 0.317x | -25.92% |
| 2007-12-31 | $1.90 Billion | $812.22 Million | 0.428x | -20.05% |
| 2006-12-31 | $1.56 Billion | $837.17 Million | 0.536x | +59.06% |
| 2005-12-31 | $1.37 Billion | $460.48 Million | 0.337x | +52.68% |
| 2004-12-31 | $1.01 Billion | $222.29 Million | 0.221x | +12.02% |
| 2003-12-31 | $820.07 Million | $161.52 Million | 0.197x | +10.52% |
| 2002-12-31 | $737.56 Million | $131.43 Million | 0.178x | -51.79% |
| 2001-12-31 | $687.14 Million | $254.01 Million | 0.370x | +128.41% |
| 2000-12-31 | $302.81 Million | $49.01 Million | 0.162x | +3.04% |
| 1999-12-31 | $152.80 Million | $24.00 Million | 0.157x | -17.85% |
| 1998-12-31 | $156.90 Million | $30.00 Million | 0.191x | -18.35% |
| 1997-12-31 | $146.90 Million | $34.40 Million | 0.234x | +116.73% |
| 1996-12-31 | $43.50 Million | $4.70 Million | 0.108x | -56.78% |
| 1995-12-31 | $20.40 Million | $5.10 Million | 0.250x | -11.59% |
| 1994-12-31 | $14.50 Million | $4.10 Million | 0.283x | +5.77% |
| 1993-12-31 | $10.10 Million | $2.70 Million | 0.267x | -21.86% |
| 1992-12-31 | $3.80 Million | $1.30 Million | 0.342x | -- |
About Patterson-UTI Energy Inc
Patterson-UTI Energy, Inc., through its subsidiaries, provides drilling and completion services to oil and natural gas exploration and production companies in the United States, Canada, Colombia, and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment engages in the provision of contract and dir… Read more