Patterson Uti Energy (PTEN) Change in Taxes (2009 - 2023)
Patterson Uti Energy (PTEN) recorded Change in Taxes of $1.52 million in Q1 2023, up 243.9% from $442,000 a year earlier but down 22.1% from the prior quarter.
Patterson Uti Energy (PTEN) Change in Taxes (2009 - 2023) Analysis & Trends
On a TTM basis, Patterson Uti Energy's Change in Taxes came in at $5.25 million as of Mar 31, 2023, up 666.3% year-over-year; for FY2022, it came in at $4.17 million, down 7.6% from FY2021.
- Annual Change in Taxes has a five-year compound annual growth rate of 33.3% (FY2017 to FY2022).
- Across earlier years, Change in Taxes came in at $4.52 million in FY2021 (+176.2%), $1.64 million in FY2020, -$3.35 million in FY2019 and -$1.56 million in FY2018.
- Quarterly Change in Taxes has ranged from -$4.83 million in Q4 2018 to $4.27 million in Q1 2021 over the past five years.
- On a year-over-year basis, Change in Taxes rose in two of the last five quarters, with an average decline of 0.4%.
- Per Business Quant, the preceding three quarters came in at $1.95 million (Q4 2022), $1.68 million (Q3 2022) and $100,000 (Q2 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.22 Bn | 69.33 Bn | 1.40 Bn | -137.00 Mn |
| 2 | Baker Hughes | 55.21 Bn | 18.49 Bn | 1.58 Bn | - |
| 3 | TechnipFMC | 27.04 Bn | 23.19 Bn | 684.70 Mn | 64.30 Mn |
| 4 | Halliburton | 26.59 Bn | 18.34 Bn | 804.00 Mn | - |
| 5 | Nov | 6.76 Bn | 1.55 Bn | 521.00 Mn | 7.00 Mn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | - |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | - |
| 8 | Weatherford International | 5.63 Bn | 1.57 Bn | 333.00 Mn | - |
| 9 | Valaris | 5.51 Bn | 3.13 Bn | 123.70 Mn | - |
| 10 | Patterson Uti Energy | 4.31 Bn | 3.17 Bn | 280.64 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2023 | 1.52 Mn |
| Dec 31, 2022 | 1.95 Mn |
| Sep 30, 2022 | 1.68 Mn |
| Jun 30, 2022 | 100,000.00 |
| Mar 31, 2022 | 442,000.00 |
| Dec 31, 2021 | 138,000.00 |
| Sep 30, 2021 | 9,000.00 |
| Jun 30, 2021 | 96,000.00 |
| Mar 31, 2021 | 4.27 Mn |
| Dec 31, 2020 | 350,000.00 |
| Sep 30, 2020 | 3.95 Mn |
| Jun 30, 2020 | -685,000.00 |
| Mar 31, 2020 | -1.98 Mn |
| Dec 31, 2019 | -599,000.00 |
| Sep 30, 2019 | 218,000.00 |
| Jun 30, 2019 | -2.96 Mn |
| Mar 31, 2019 | -14,000.00 |
| Dec 31, 2018 | -4.83 Mn |
| Sep 30, 2018 | 3.30 Mn |
| Jun 30, 2018 | -41,000.00 |
Patterson Uti Energy Change in Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-taxes&ticker=PTEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-taxes", "ticker": "PTEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-taxes&ticker=PTEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();