Patterson Uti Energy (PTEN) Change in Inventory (2022 - 2026)

Patterson Uti Energy's (PTEN) quarterly Change in Inventory came in at $5.7 million in Q1 2026, up 376.54% year-on-year from $1.2 million in Q1 2025, and down 17.32% quarter-over-quarter from $6.8 million in Q4 2025.

Patterson Uti Energy (PTEN) Change in Inventory (2022 - 2026) Analysis & Trends

Patterson Uti Energy has disclosed Change in Inventory across 5 years of filings, most recently posting $5.7 million for Q1 2026.

  • Change in Inventory for Q1 2026 came in at $5.7 million, up 376.54% year-over-year; the trailing twelve-month figure through Mar 2026 was $9.5 million (up 911.56% YoY), and the FY2025 annual result was $1.8 million, down 84.52% from the prior year.
  • Change in Inventory came in at $5.7 million for Q1 2026 at Patterson Uti Energy, down from $6.8 million in the prior quarter.
  • In the past five years, Change in Inventory ranged from a high of $17.1 million in Q3 2023 to a low of -$3.6 million in Q4 2024.
  • The 5-year median for Change in Inventory is $3.0 million (2022), against an average of $3.9 million.
  • Across the five-year window, Change in Inventory surged 468.62% in 2023 and sank 351.95% in 2024, its largest moves.
  • Patterson Uti Energy's Change in Inventory stood at $5.1 million in 2022, then sank by 71.77% to $1.4 million in 2023, then sank by 351.95% to -$3.6 million in 2024, then surged by 288.88% to $6.8 million in 2025, then fell by 17.32% to $5.7 million in 2026.
  • The last three Change in Inventory figures came in at $5.7 million (Q1 2026), $6.8 million (Q4 2025), and -$2.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn -
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn -
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn -
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn 5.66 Mn
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn 5.14 Mn
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn -
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn -252,000.00
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn -4.61 Mn
9 Borr Drilling 1.40 Bn 1.16 Bn - -
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 5.66 Mn
Mar 31, 2026 5.66 Mn
Dec 31, 2025 6.84 Mn
Dec 31, 2025 6.84 Mn
Sep 30, 2025 -2.75 Mn
Sep 30, 2025 -2.75 Mn
Jun 30, 2025 -270,000.00
Jun 30, 2025 -270,000.00
Mar 31, 2025 -2.05 Mn
Mar 31, 2025 -2.05 Mn
Dec 31, 2024 -3.62 Mn
Dec 31, 2024 -3.62 Mn
Sep 30, 2024 5.31 Mn
Sep 30, 2024 5.31 Mn
Jun 30, 2024 -806,000.00
Jun 30, 2024 -806,000.00
Mar 31, 2024 10.59 Mn
Mar 31, 2024 10.59 Mn
Dec 31, 2023 1.44 Mn
Dec 31, 2023 1.44 Mn