Patterson-UTI Energy Inc (PTEN) — Net Asset Quality Index

Latest as of March 2026: 59.1%

Patterson-UTI Energy Inc (PTEN) has a Net Asset Quality Index of 59.1% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $5.36 Billion minus total liabilities of $2.19 Billion yields net assets of $3.17 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check Patterson-UTI Energy Inc liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Quality Index

59.1%
Equity / Total Assets

Net Assets

$3.17 Billion
USD

Total Assets

$5.36 Billion
USD

Total Liabilities

$2.19 Billion
USD

Patterson-UTI Energy Inc Net Asset Quality Index Over Time (1992–2025)

This chart shows how Patterson-UTI Energy Inc's Net Asset Quality Index has evolved across 34 annual periods from 1992 to 2025. As of March 2026, the index stands at 59.1%, representing net assets of $3.17 Billion against total assets of $5.36 Billion USD. See working capital position of Patterson-UTI Energy Inc to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Patterson-UTI Energy Inc (1992–2025)

The table below presents the year-by-year Net Asset Quality Index for Patterson-UTI Energy Inc from 1992 to 2025, covering 34 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see PTEN stock market capitalisation.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2025 57.9% $3.22 Billion $5.57 Billion $2.35 Billion ▼ -1.7 pp
2024 59.6% $3.48 Billion $5.83 Billion $2.36 Billion ▼ -5.4 pp
2023 65.0% $4.82 Billion $7.42 Billion $2.60 Billion ▲ +12.0 pp
2022 53.0% $1.67 Billion $3.14 Billion $1.48 Billion ▼ -1.4 pp
2021 54.4% $1.61 Billion $2.96 Billion $1.35 Billion ▲ +0.1 pp
2020 54.4% $2.02 Billion $3.71 Billion $1.69 Billion ▼ -9.5 pp
2019 63.8% $2.83 Billion $4.44 Billion $1.61 Billion ▼ -0.3 pp
2018 64.1% $3.51 Billion $5.47 Billion $1.96 Billion ▼ -5.1 pp
2017 69.2% $3.98 Billion $5.76 Billion $1.78 Billion ▲ +10.0 pp
2016 59.1% $2.25 Billion $3.80 Billion $1.56 Billion ▲ +2.6 pp
2015 56.5% $2.56 Billion $4.53 Billion $1.97 Billion ▲ +2.6 pp
2014 53.9% $2.91 Billion $5.39 Billion $2.49 Billion ▼ -4.9 pp
2013 58.8% $2.76 Billion $4.69 Billion $1.93 Billion ▲ +0.9 pp
2012 57.9% $2.64 Billion $4.56 Billion $1.92 Billion ▼ -1.7 pp
2011 59.6% $2.52 Billion $4.22 Billion $1.71 Billion ▼ -4.3 pp
2010 63.9% $2.19 Billion $3.42 Billion $1.24 Billion ▼ -14.3 pp
2009 78.2% $2.08 Billion $2.66 Billion $580.45 Million ▼ -0.2 pp
2008 78.4% $2.13 Billion $2.71 Billion $585.88 Million ▲ +1.5 pp
2007 76.9% $1.90 Billion $2.47 Billion $569.17 Million ▲ +5.6 pp
2006 71.3% $1.56 Billion $2.19 Billion $630.04 Million ▼ -4.9 pp
2005 76.1% $1.37 Billion $1.80 Billion $428.77 Million ▼ 0.0 pp
2004 76.2% $1.01 Billion $1.32 Billion $315.37 Million ▼ -0.1 pp
2003 76.2% $820.07 Million $1.08 Billion $255.76 Million ▼ -2.0 pp
2002 78.3% $737.56 Million $942.51 Million $204.95 Million ▼ -0.8 pp
2001 79.0% $687.14 Million $869.64 Million $182.50 Million ▲ +5.3 pp
2000 73.7% $302.81 Million $410.59 Million $107.78 Million ▲ +9.1 pp
1999 64.7% $152.80 Million $236.30 Million $83.50 Million ▼ -1.7 pp
1998 66.3% $156.90 Million $236.60 Million $79.70 Million ▼ -6.0 pp
1997 72.3% $146.90 Million $203.20 Million $56.30 Million ▲ +22.8 pp
1996 49.5% $43.50 Million $87.90 Million $44.40 Million ▲ +2.9 pp
1995 46.6% $20.40 Million $43.80 Million $23.40 Million ▲ +0.8 pp
1994 45.7% $14.50 Million $31.70 Million $17.20 Million ▼ -9.1 pp
1993 54.9% $10.10 Million $18.40 Million $8.30 Million ▲ +27.0 pp
1992 27.9% $3.80 Million $13.60 Million $9.80 Million
pp = percentage points