Patterson-UTI Energy Inc (PTEN) — Financial Flexibility Index

Latest as of March 2026: 0.08x

Patterson-UTI Energy Inc (PTEN) has a Financial Flexibility Index of 0.08x as of March 2026. Free cash flow of $180.49 Million (operating CF $63.86 Million minus capex $116.63 Million) represents 0% of total liabilities ($2.19 Billion). Also explore PTEN net asset momentum to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.08x
Free Cash Flow / Total Liabilities

Free Cash Flow

$180.49 Million
Operating CF − Capex

Total Liabilities

$2.19 Billion
USD

Capital Expenditures

$116.63 Million
USD

Patterson-UTI Energy Inc Financial Flexibility Index (1992–2025)

Historical Financial Flexibility Index trend for Patterson-UTI Energy Inc across 34 annual periods. Check PTEN PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Patterson-UTI Energy Inc (1992–2025)

Year-by-year free cash flow to debt coverage for Patterson-UTI Energy Inc. For the full company profile including market capitalisation, see how much is Patterson-UTI Energy Inc worth.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.66x $1.55 Billion $961.22 Million $2.35 Billion ▼ -16.0%
2024 0.79x $1.85 Billion $1.18 Billion $2.36 Billion ▲ +26.0%
2023 0.62x $1.62 Billion $1.01 Billion $2.60 Billion ▼ -8.1%
2022 0.68x $1.00 Billion $566.19 Million $1.48 Billion ▲ +249.4%
2021 0.19x $261.82 Million $95.50 Million $1.35 Billion ▼ -22.5%
2020 0.25x $424.34 Million $278.86 Million $1.69 Billion ▼ -61.4%
2019 0.65x $1.04 Billion $696.20 Million $1.61 Billion ▼ -7.0%
2018 0.70x $1.37 Billion $730.67 Million $1.96 Billion ▲ +43.0%
2017 0.49x $867.80 Million $300.71 Million $1.78 Billion ▲ +78.9%
2016 0.27x $424.83 Million $305.03 Million $1.56 Billion ▼ -69.1%
2015 0.88x $1.74 Billion $999.44 Million $1.97 Billion ▲ +23.5%
2014 0.72x $1.78 Billion $728.73 Million $2.49 Billion ▼ -10.9%
2013 0.80x $1.55 Billion $888.87 Million $1.93 Billion ▼ -22.2%
2012 1.03x $1.98 Billion $1.01 Billion $1.92 Billion ▼ -6.3%
2011 1.10x $1.88 Billion $868.60 Million $1.71 Billion ▲ +7.8%
2010 1.02x $1.26 Billion $525.70 Million $1.24 Billion ▼ -34.5%
2009 1.56x $906.32 Million $453.68 Million $580.45 Million ▼ -18.6%
2008 1.92x $1.12 Billion $675.00 Million $585.88 Million ▼ -23.1%
2007 2.49x $1.42 Billion $812.22 Million $569.17 Million ▲ +9.5%
2006 2.28x $1.44 Billion $837.17 Million $630.04 Million ▲ +16.2%
2005 1.96x $840.57 Million $460.48 Million $428.77 Million ▲ +49.4%
2004 1.31x $413.85 Million $222.29 Million $315.37 Million ▲ +20.5%
2003 1.09x $278.61 Million $161.52 Million $255.76 Million ▲ +3.7%
2002 1.05x $215.28 Million $131.43 Million $204.95 Million ▼ -55.1%
2001 2.34x $426.86 Million $254.01 Million $182.50 Million ▲ +137.5%
2000 0.98x $106.16 Million $49.01 Million $107.78 Million ▲ +90.8%
1999 0.52x $43.10 Million $24.00 Million $83.50 Million ▼ -62.5%
1998 1.38x $109.60 Million $30.00 Million $79.70 Million ▼ -34.8%
1997 2.11x $118.70 Million $34.40 Million $56.30 Million ▲ +226.2%
1996 0.65x $28.70 Million $4.70 Million $44.40 Million ▼ -30.0%
1995 0.92x $21.60 Million $5.10 Million $23.40 Million ▲ +17.6%
1994 0.78x $13.50 Million $4.10 Million $17.20 Million ▲ +0.2%
1993 0.78x $6.50 Million $2.70 Million $8.30 Million ▲ +119.3%
1992 0.36x $3.50 Million $1.30 Million $9.80 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities