Patterson Uti Energy (PTEN) Current Taxes (2010 - 2023)
Patterson Uti Energy's (PTEN) quarterly Current Taxes came in at $62.2 million in Q4 2023, up 514.63% year-over-year from $10.1 million in Q4 2022, and down 7.86% quarter-over-quarter from $67.5 million in Q3 2023.
Analysis
Patterson Uti Energy (PTEN) Current Taxes (2010 - 2023) Analysis & Trends
Patterson Uti Energy has disclosed Current Taxes across 14 years of filings, most recently posting $62.2 million for Q4 2023.
- In Q4 2023, Current Taxes rose 514.63% year-over-year to $62.2 million; the TTM figure through Dec 2023 stood at $62.2 million (up 514.63% YoY), while the FY2023 annual figure was $62.2 million, up 514.63% from the prior year.
- Current Taxes came in at $62.2 million for Q4 2023 at Patterson Uti Energy, down from $67.5 million in the prior quarter.
- In the past five years, Current Taxes ranged from a high of $67.5 million in Q3 2023 to a low of $9.7 million in Q4 2021.
- Average Current Taxes over 5 years is $24.0 million, with a median of $19.1 million recorded in 2021.
- Year-over-year, Current Taxes plunged 52.39% in 2020 and jumped 514.63% in 2023.
- Over 5 years, Current Taxes stood at $22.4 million in 2019, then sank by 52.39% to $10.7 million in 2020, then retreated by 9.31% to $9.7 million in 2021, then grew by 4.61% to $10.1 million in 2022, then jumped by 514.63% to $62.2 million in 2023.
- Per Business Quant data, the three most recent Current Taxes figures were $62.2 million in Q4 2023, $67.5 million in Q3 2023, and $17.0 million in Q2 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Patterson Uti Energy | 4.74 Bn | 4.54 Bn | 597.25 Mn | - |
| 2 | Helmerich & Payne | 4.43 Bn | 4.29 Bn | 349.94 Mn | - |
| 3 | Nabors Industries | 1.45 Bn | 1.44 Bn | 309.38 Mn | 24.22 Mn |
| 4 | Precision Drilling | 1.16 Bn | 1.12 Bn | 89.29 Mn | 318,810.05 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2023 | 62.19 Mn |
| Sep 30, 2023 | 67.50 Mn |
| Jun 30, 2023 | 16.95 Mn |
| Mar 31, 2023 | 13.88 Mn |
| Dec 31, 2022 | 10.12 Mn |
| Sep 30, 2022 | 16.25 Mn |
| Jun 30, 2022 | 14.79 Mn |
| Mar 31, 2022 | 12.66 Mn |
| Dec 31, 2021 | 9.67 Mn |
| Sep 30, 2021 | 19.57 Mn |
| Jun 30, 2021 | 18.56 Mn |
| Mar 31, 2021 | 15.02 Mn |
| Dec 31, 2020 | 10.67 Mn |
| Sep 30, 2020 | 25.40 Mn |
| Jun 30, 2020 | 26.23 Mn |
| Mar 31, 2020 | 26.72 Mn |
| Dec 31, 2019 | 22.40 Mn |
| Sep 30, 2019 | 36.53 Mn |
| Jun 30, 2019 | 34.15 Mn |
| Mar 31, 2019 | 21.16 Mn |