Patterson-UTI Energy Inc (PTEN) — Tangible Net Worth Ratio
Patterson-UTI Energy Inc (PTEN) has a Tangible Net Worth Ratio of 75.7% as of June 2026. This metric is calculated by deducting intangible assets ($755.24 Million) from net assets ($3.11 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Patterson-UTI Energy Inc net asset momentum to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Patterson-UTI Energy Inc Tangible Net Worth Ratio (1992–2025)
This chart shows how Patterson-UTI Energy Inc's Tangible Net Worth Ratio has changed across 34 annual periods from 1992 to 2025. As of June 2026, the ratio stands at 75.7%, reflecting net assets of $3.11 Billion with intangible assets of $755.24 Million USD. For live market cap and overall valuation, see Patterson-UTI Energy Inc (PTEN) total market value.
Annual Tangible Net Worth Ratio for Patterson-UTI Energy Inc (1992–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Patterson-UTI Energy Inc from 1992 to 2025, covering 34 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore Patterson-UTI Energy Inc (PTEN) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 74.7% | $3.22 Billion | $814.81 Million | $5.57 Billion | ▲ +1.5 pp |
| 2024 | 73.3% | $3.48 Billion | $929.61 Million | $5.83 Billion | ▼ -4.9 pp |
| 2023 | 78.2% | $4.82 Billion | $1.05 Billion | $7.42 Billion | ▼ -21.5 pp |
| 2022 | 99.6% | $1.67 Billion | $5.84 Million | $3.14 Billion | ▲ +0.1 pp |
| 2021 | 99.5% | $1.61 Billion | $7.54 Million | $2.96 Billion | ▲ +1.0 pp |
| 2020 | 98.5% | $2.02 Billion | $30.09 Million | $3.71 Billion | ▲ +0.2 pp |
| 2019 | 98.3% | $2.83 Billion | $48.94 Million | $4.44 Billion | ▲ +0.2 pp |
| 2018 | 98.1% | $3.51 Billion | $66.88 Million | $5.47 Billion | ▼ 0.0 pp |
| 2017 | 98.1% | $3.98 Billion | $75.60 Million | $5.76 Billion | ▼ -1.8 pp |
| 2016 | 99.9% | $2.25 Billion | $2.73 Million | $3.80 Billion | ▲ +0.1 pp |
| 2015 | 99.8% | $2.56 Billion | $6.38 Million | $4.53 Billion | ▲ +0.1 pp |
| 2014 | 99.7% | $2.91 Billion | $10.02 Million | $5.39 Billion | ▲ +0.2 pp |
| 2013 | 99.5% | $2.76 Billion | $13.66 Million | $4.69 Billion | ▲ +0.2 pp |
| 2012 | 99.3% | $2.64 Billion | $17.65 Million | $4.56 Billion | ▲ +0.2 pp |
| 2011 | 99.1% | $2.52 Billion | $21.76 Million | $4.22 Billion | ▲ +0.3 pp |
| 2010 | 98.8% | $2.19 Billion | $25.87 Million | $3.42 Billion | ▲ +3.0 pp |
| 2009 | 95.9% | $2.08 Billion | $86.23 Million | $2.66 Billion | ▼ -0.1 pp |
| 2008 | 95.9% | $2.13 Billion | $86.23 Million | $2.71 Billion | ▲ +1.0 pp |
| 2007 | 94.9% | $1.90 Billion | $96.20 Million | $2.47 Billion | ▲ +1.3 pp |
| 2006 | 93.7% | $1.56 Billion | $99.06 Million | $2.19 Billion | ▲ +0.9 pp |
| 2005 | 92.8% | $1.37 Billion | $99.06 Million | $1.80 Billion | ▲ +2.8 pp |
| 2004 | 89.9% | $1.01 Billion | $101.33 Million | $1.32 Billion | ▼ -3.8 pp |
| 2003 | 93.8% | $820.07 Million | $51.18 Million | $1.08 Billion | ▲ +0.7 pp |
| 2002 | 93.0% | $737.56 Million | $51.31 Million | $942.51 Million | ▲ +0.6 pp |
| 2001 | 92.5% | $687.14 Million | $51.63 Million | $869.64 Million | ▲ +5.2 pp |
| 2000 | 87.2% | $302.81 Million | $38.64 Million | $410.59 Million | ▲ +14.6 pp |
| 1999 | 72.6% | $152.80 Million | $41.80 Million | $236.30 Million | ▲ +1.9 pp |
| 1998 | 70.7% | $156.90 Million | $45.90 Million | $236.60 Million | ▼ -12.5 pp |
| 1997 | 83.3% | $146.90 Million | $24.60 Million | $203.20 Million | ▼ -16.7 pp |
| 1996 | 100.0% | $43.50 Million | $0.00 | $87.90 Million | ▲ +0.0 pp |
| 1995 | 100.0% | $20.40 Million | $0.00 | $43.80 Million | ▲ +0.0 pp |
| 1994 | 100.0% | $14.50 Million | $0.00 | $31.70 Million | ▲ +0.0 pp |
| 1993 | 100.0% | $10.10 Million | $0.00 | $18.40 Million | ▲ +0.0 pp |
| 1992 | 100.0% | $3.80 Million | $0.00 | $13.60 Million | — |