Patterson-UTI Energy Inc Working Capital to Net Assets Ratio
Patterson-UTI Energy Inc working capital to net assets ratio. Patterson-UTI Energy Inc (PTEN) has a Working Capital to Net Assets ratio of 18.9% as of June 2026. Working capital of $588.04 Million (current assets of $1.37 Billion minus current liabilities of $784.15 Million) is measured against net assets of $3.11 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Patterson-UTI Energy Inc (1992–2025)
Working capital to net assets ratio of Patterson-UTI Energy Inc from 1992 to 2025. This chart shows how Patterson-UTI Energy Inc's Working Capital to Net Assets ratio has evolved across 34 annual periods from 1992 to 2025. As of June 2026, the ratio stands at 18.9%, reflecting working capital of $588.04 Million against net assets of $3.11 Billion USD. See PTEN days of operational coverage to measure how many days the company can operate on defensive assets alone.
Patterson-UTI Energy Inc Working Capital to Net Assets Ratio by Year (1992–2025)
Patterson-UTI Energy Inc working capital to net assets ratio by year from 1992 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Patterson-UTI Energy Inc from 1992 to 2025, covering 34 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see Patterson-UTI Energy Inc (PTEN) total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 17.2% | $554.45 Million | $3.22 Billion | $1.42 Billion | $863.64 Million | ▲ +4.2 pp |
| 2024 | 13.0% | $453.32 Million | $3.48 Billion | $1.30 Billion | $841.99 Million | ▲ +4.0 pp |
| 2023 | 9.0% | $435.26 Million | $4.82 Billion | $1.49 Billion | $1.05 Billion | ▼ -7.7 pp |
| 2022 | 16.7% | $278.45 Million | $1.67 Billion | $829.42 Million | $550.97 Million | ▲ +7.5 pp |
| 2021 | 9.2% | $147.80 Million | $1.61 Billion | $583.65 Million | $435.85 Million | ▼ -0.9 pp |
| 2020 | 10.1% | $204.23 Million | $2.02 Billion | $477.96 Million | $273.72 Million | ▲ +2.0 pp |
| 2019 | 8.2% | $231.21 Million | $2.83 Billion | $631.82 Million | $400.60 Million | ▼ -3.9 pp |
| 2018 | 12.1% | $423.88 Million | $3.51 Billion | $950.20 Million | $526.32 Million | ▲ +7.1 pp |
| 2017 | 5.0% | $200.60 Million | $3.98 Billion | $746.86 Million | $546.25 Million | ▲ +4.2 pp |
| 2016 | 0.8% | $18.51 Million | $2.25 Billion | $283.32 Million | $264.81 Million | ▼ -6.1 pp |
| 2015 | 7.0% | $178.40 Million | $2.56 Billion | $486.54 Million | $308.13 Million | ▼ -4.8 pp |
| 2014 | 11.7% | $340.69 Million | $2.91 Billion | $909.09 Million | $568.40 Million | ▼ -4.8 pp |
| 2013 | 16.5% | $454.37 Million | $2.76 Billion | $808.65 Million | $354.28 Million | ▲ +3.6 pp |
| 2012 | 12.9% | $340.13 Million | $2.64 Billion | $699.99 Million | $359.86 Million | ▼ -0.9 pp |
| 2011 | 13.8% | $346.24 Million | $2.52 Billion | $764.95 Million | $418.71 Million | ▲ +2.7 pp |
| 2010 | 11.0% | $241.44 Million | $2.19 Billion | $557.41 Million | $315.96 Million | ▼ -1.6 pp |
| 2009 | 12.7% | $263.96 Million | $2.08 Billion | $457.27 Million | $193.31 Million | ▼ -3.2 pp |
| 2008 | 15.9% | $338.76 Million | $2.13 Billion | $641.37 Million | $302.61 Million | ▲ +3.9 pp |
| 2007 | 12.0% | $227.58 Million | $1.90 Billion | $522.78 Million | $295.21 Million | ▼ -9.4 pp |
| 2006 | 21.4% | $335.05 Million | $1.56 Billion | $652.67 Million | $317.62 Million | ▼ -6.5 pp |
| 2005 | 28.0% | $382.45 Million | $1.37 Billion | $637.86 Million | $255.41 Million | ▲ +4.5 pp |
| 2004 | 23.5% | $236.96 Million | $1.01 Billion | $387.03 Million | $150.08 Million | ▼ -0.8 pp |
| 2003 | 24.3% | $199.61 Million | $820.07 Million | $308.06 Million | $108.45 Million | ▲ +1.6 pp |
| 2002 | 22.8% | $167.86 Million | $737.56 Million | $243.01 Million | $75.15 Million | ▲ +6.7 pp |
| 2001 | 16.0% | $110.17 Million | $687.14 Million | $199.46 Million | $89.29 Million | ▼ -20.6 pp |
| 2000 | 36.6% | $110.89 Million | $302.81 Million | $167.76 Million | $56.88 Million | ▲ +18.9 pp |
| 1999 | 17.7% | $27.00 Million | $152.80 Million | $58.70 Million | $31.70 Million | ▼ -1.8 pp |
| 1998 | 19.4% | $30.50 Million | $156.90 Million | $53.50 Million | $23.00 Million | ▼ -12.2 pp |
| 1997 | 31.7% | $46.50 Million | $146.90 Million | $77.00 Million | $30.50 Million | ▼ -8.8 pp |
| 1996 | 40.5% | $17.60 Million | $43.50 Million | $35.50 Million | $17.90 Million | ▲ +9.6 pp |
| 1995 | 30.9% | $6.30 Million | $20.40 Million | $16.80 Million | $10.50 Million | ▼ -5.0 pp |
| 1994 | 35.9% | $5.20 Million | $14.50 Million | $16.40 Million | $11.20 Million | ▼ -6.7 pp |
| 1993 | 42.6% | $4.30 Million | $10.10 Million | $10.60 Million | $6.30 Million | ▲ +50.5 pp |
| 1992 | -7.9% | $-300.00K | $3.80 Million | $7.20 Million | $7.50 Million | — |