Patterson-UTI Energy Inc (PTEN) — Cash Flow Reinvestment Rate

Latest as of March 2026: 1.83x

Patterson-UTI Energy Inc (PTEN) has a Cash Flow Reinvestment Rate of 1.83x as of March 2026, reinvesting $116.63 Million (capex $116.63 Million ) from operating cash flow of $63.86 Million. Explore PTEN capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

1.83x
(Capex + Investments) / Operating CF

Total Reinvested

$116.63 Million
Capex + Investments

Operating Cash Flow

$63.86 Million
USD

Capital Expenditures

$116.63 Million
USD

Patterson-UTI Energy Inc Cash Flow Reinvestment Rate (1992–2025)

Historical reinvestment intensity for Patterson-UTI Energy Inc across 34 annual periods. Also explore total assets of Patterson-UTI Energy Inc for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for Patterson-UTI Energy Inc (1992–2025)

Year-by-year capital reinvestment analysis for Patterson-UTI Energy Inc. For live market cap and broader valuation context, see PTEN company net worth.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.61x $589.03 Million $961.22 Million $589.03 Million ▼ -46.0%
2024 1.13x $1.33 Billion $1.18 Billion $678.39 Million ▼ -26.1%
2023 1.53x $1.54 Billion $1.01 Billion $615.69 Million ▲ +97.7%
2022 0.78x $439.30 Million $566.19 Million $436.80 Million ▼ -55.6%
2021 1.75x $166.84 Million $95.50 Million $166.32 Million ▲ +233.9%
2020 0.52x $145.91 Million $278.86 Million $145.48 Million ▼ -43.9%
2019 0.93x $649.28 Million $696.20 Million $347.51 Million ▲ +2.4%
2018 0.91x $665.22 Million $730.67 Million $641.46 Million ▼ -51.9%
2017 1.89x $569.61 Million $300.71 Million $567.09 Million ▲ +165.6%
2016 0.71x $217.55 Million $305.03 Million $119.80 Million ▼ -4.5%
2015 0.75x $746.30 Million $999.44 Million $743.78 Million ▼ -48.4%
2014 1.45x $1.05 Billion $728.73 Million $1.05 Billion ▲ +94.2%
2013 0.75x $662.46 Million $888.87 Million $662.46 Million ▼ -23.1%
2012 0.97x $973.99 Million $1.01 Billion $973.99 Million ▼ -16.8%
2011 1.16x $1.01 Billion $868.60 Million $1.01 Billion ▼ -17.1%
2010 1.40x $738.09 Million $525.70 Million $738.09 Million ▲ +40.7%
2009 1.00x $452.65 Million $453.68 Million $452.65 Million ▲ +50.0%
2008 0.67x $448.89 Million $675.00 Million $448.89 Million ▼ -11.1%
2007 0.75x $607.69 Million $812.22 Million $607.69 Million ▲ +4.8%
2006 0.71x $597.92 Million $837.17 Million $597.92 Million ▼ -13.5%
2005 0.83x $380.09 Million $460.48 Million $380.09 Million ▼ -4.2%
2004 0.86x $191.56 Million $222.29 Million $191.56 Million ▲ +18.9%
2003 0.72x $117.09 Million $161.52 Million $117.09 Million ▲ +13.6%
2002 0.64x $83.84 Million $131.43 Million $83.84 Million ▼ -6.3%
2001 0.68x $172.85 Million $254.01 Million $172.85 Million ▼ -41.7%
2000 1.17x $57.15 Million $49.01 Million $57.15 Million ▲ +46.5%
1999 0.80x $19.10 Million $24.00 Million $19.10 Million ▼ -70.0%
1998 2.65x $79.60 Million $30.00 Million $79.60 Million ▲ +8.3%
1997 2.45x $84.30 Million $34.40 Million $84.30 Million ▼ -52.0%
1996 5.11x $24.00 Million $4.70 Million $24.00 Million ▲ +57.8%
1995 3.24x $16.50 Million $5.10 Million $16.50 Million ▲ +41.1%
1994 2.29x $9.40 Million $4.10 Million $9.40 Million ▲ +62.9%
1993 1.41x $3.80 Million $2.70 Million $3.80 Million ▼ -16.8%
1992 1.69x $2.20 Million $1.30 Million $2.20 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow