Patterson-UTI Energy Inc (PTEN) — Financial Flexibility Index
Patterson-UTI Energy Inc (PTEN) has a Financial Flexibility Index of 0.09x as of June 2026. Free cash flow of $212.01 Million (operating CF $56.08 Million minus capex $155.92 Million) represents 0% of total liabilities ($2.27 Billion). Check PTEN total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Patterson-UTI Energy Inc Financial Flexibility Index (1992–2025)
Historical Financial Flexibility Index trend for Patterson-UTI Energy Inc across 34 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Patterson-UTI Energy Inc.
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. Explore Patterson-UTI Energy Inc cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
| 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 | — |