Patterson-UTI Energy Inc (PTEN) - Total Assets
Based on the latest financial reports, Patterson-UTI Energy Inc (PTEN) holds total assets worth $5.37 Billion USD as of June 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Patterson-UTI Energy Inc - Total Assets Trend (1992–2025)
This chart illustrates how Patterson-UTI Energy Inc's total assets have evolved over time, based on quarterly financial data. Also see Patterson-UTI Energy Inc stock valuation for the company's overall valuation and market capitalisation.
Patterson-UTI Energy Inc - Asset Composition Analysis
Current Asset Composition (December 2025)
Patterson-UTI Energy Inc's total assets of $5.37 Billion consist of 25.5% current assets and 74.5% non-current assets. Review PTEN liabilities breakdown to assess the company's total debt and financial obligations.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 7.6% |
| Accounts Receivable | $775.96 Million | 13.9% |
| Inventory | $160.28 Million | 2.9% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $814.81 Million | 14.6% |
| Goodwill | $487.39 Million | 8.8% |
Asset Composition Trend (1992–2025)
This chart illustrates how Patterson-UTI Energy Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. See Patterson-UTI Energy Inc share price for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Patterson-UTI Energy Inc's current assets represent 25.5% of total assets in 2025, a decrease from 52.9% in 1992.
- Cash Position: Cash and equivalents constituted 7.6% of total assets in 2025, down from 15.4% in 1992.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 22.0% of total assets, an increase from 0.0% in 1992.
- Asset Diversification: The largest asset category is intangible assets at 14.6% of total assets.
Patterson-UTI Energy Inc Competitors by Total Assets
Key competitors of Patterson-UTI Energy Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Odfjell Drilling Ltd
OL:ODL
|
Norway | Nkr2.61 Billion |
|
Northern Ocean Ltd
OL:NOL
|
Norway | Nkr1.06 Billion |
|
Aban Offshore Limited
NSE:ABAN
|
India | Rs16.43 Billion |
|
Precision Drilling Corporation
TO:PD
|
Canada | CA$2.75 Billion |
|
Ensign Energy Services Inc
TO:ESI
|
Canada | CA$2.68 Billion |
|
PHX Energy Services Corporation
TO:PHX
|
Canada | CA$474.80 Million |
|
ACT Energy Technologies Ltd.
TO:ACX
|
Canada | CA$458.00 Million |
|
Western Energy Services Corp.
TO:WRG
|
Canada | CA$374.09 Million |
Patterson-UTI Energy Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.75 | 1.73 | 1.60 |
| Quick Ratio | 1.57 | 1.50 | 1.50 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $588.04 Million | $524.65 Million | $204.68 Million |
Patterson-UTI Energy Inc - Advanced Valuation Insights
This section examines the relationship between Patterson-UTI Energy Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.56 |
| Latest Market Cap to Assets Ratio | 0.82 |
| Asset Growth Rate (YoY) | -4.5% |
| Total Assets | $5.57 Billion |
| Market Capitalization | $4.59 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Patterson-UTI Energy Inc's assets close to their book value (0.82x), suggesting investors view the company's assets at approximately fair value.
Slight Asset Contraction: Patterson-UTI Energy Inc's assets decreased by 4.5% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Patterson-UTI Energy Inc (1992–2025)
The table below shows the annual total assets of Patterson-UTI Energy Inc from 1992 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $5.57 Billion | -4.51% |
| 2024-12-31 | $5.83 Billion | -21.38% |
| 2023-12-31 | $7.42 Billion | +136.02% |
| 2022-12-31 | $3.14 Billion | +6.29% |
| 2021-12-31 | $2.96 Billion | -20.25% |
| 2020-12-31 | $3.71 Billion | -16.46% |
| 2019-12-31 | $4.44 Billion | -18.84% |
| 2018-12-31 | $5.47 Billion | -5.02% |
| 2017-12-31 | $5.76 Billion | +51.37% |
| 2016-12-31 | $3.80 Billion | -16.07% |
| 2015-12-31 | $4.53 Billion | -15.96% |
| 2014-12-31 | $5.39 Billion | +15.08% |
| 2013-12-31 | $4.69 Billion | +2.86% |
| 2012-12-31 | $4.56 Billion | +7.94% |
| 2011-12-31 | $4.22 Billion | +23.34% |
| 2010-12-31 | $3.42 Billion | +28.58% |
| 2009-12-31 | $2.66 Billion | -1.87% |
| 2008-12-31 | $2.71 Billion | +10.04% |
| 2007-12-31 | $2.47 Billion | +12.44% |
| 2006-12-31 | $2.19 Billion | +22.09% |
| 2005-12-31 | $1.80 Billion | +35.74% |
| 2004-12-31 | $1.32 Billion | +22.97% |
| 2003-12-31 | $1.08 Billion | +14.15% |
| 2002-12-31 | $942.51 Million | +8.38% |
| 2001-12-31 | $869.64 Million | +111.81% |
| 2000-12-31 | $410.59 Million | +73.76% |
| 1999-12-31 | $236.30 Million | -0.13% |
| 1998-12-31 | $236.60 Million | +16.44% |
| 1997-12-31 | $203.20 Million | +131.17% |
| 1996-12-31 | $87.90 Million | +100.68% |
| 1995-12-31 | $43.80 Million | +38.17% |
| 1994-12-31 | $31.70 Million | +72.28% |
| 1993-12-31 | $18.40 Million | +35.29% |
| 1992-12-31 | $13.60 Million | -- |
About Patterson-UTI Energy Inc
Patterson-UTI Energy, Inc., through its subsidiaries, provides drilling and completion services to oil and natural gas exploration and production companies in the United States, Canada, Colombia, and internationally. It operates through three segments: Drilling Services, Completion Services, and Drilling Products. The Contract Drilling Services segment engages in the provision of contract and dir… Read more