Patterson-UTI Energy Inc Cash Flow Conversion Efficiency
Patterson-UTI Energy Inc cash flow conversion efficiency. Based on the latest financial reports, Patterson-UTI Energy Inc (PTEN) has a cash flow conversion efficiency ratio of 0.018x as of June 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 ($56.08 Million) by net assets ($3.11 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see PTEN market cap for the company's overall valuation and market capitalisation.
Cash Flow Conversion Efficiency of Patterson-UTI Energy Inc (1992–2025)
Cash flow conversion efficiency of Patterson-UTI Energy Inc from 1992 to 2025. This chart illustrates how Patterson-UTI Energy Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View today's stock price for Patterson-UTI Energy Inc for real-time trading data and today's change.
Patterson-UTI Energy Inc Cash Flow Conversion Ratio Explained
Patterson-UTI Energy Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Review Patterson-UTI Energy Inc free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Dianthus Therapeutics Inc.
NASDAQ:DNTH
|
-0.042x |
|
ABSA Bank Limited
JSE:ABSP
|
0.127x |
|
Sinolink Securities Co Ltd
SHG:600109
|
0.480x |
|
Changchun High & New Technology Industries Group Inc
SHE:000661
|
-0.020x |
|
Hanwha Solutions
KO:009830
|
0.076x |
|
Ho Chi Minh City Development Joint Stock Commercial Bank
VN:HDB
|
-0.003x |
|
QuantumScape Corporation Class A Common Stock
NYSE:QS
|
-0.048x |
|
EPR Properties
NYSE:EPR
|
-0.049x |
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. Also see Patterson-UTI Energy Inc (PTEN) total assets for a full breakdown of the balance sheet.
| 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