Patterson Uti Energy (PTEN) Current Taxes (2010 - 2023)
Patterson Uti Energy (PTEN) reported Current Taxes of $62.19 million for Q4 2023, up 514.6% from $10.12 million a year earlier but down 7.9% from the prior quarter.
Patterson Uti Energy (PTEN) Current Taxes (2010 - 2023) Analysis & Trends
Dating back to Q4 2010, Patterson Uti Energy's Current Taxes record includes 52 quarters.
- Current Taxes has a five-year compound annual growth rate of 19.7% (FY2018 to FY2023).
- By year, Current Taxes came in at $10.12 million in FY2022 (+4.6%), $9.67 million in FY2021 (-9.3%), $10.67 million in FY2020 (-52.4%) and $22.4 million in FY2019 (-11.5%).
- Five-year quarterly Current Taxes spans a low of $9.67 million in Q4 2021 and a high of $67.5 million in Q3 2023.
- Year over year, Current Taxes has now increased in each of the last five quarters, with growth averaging 100.7% over the last eight quarters.
- The high point for year-over-year Current Taxes in five years was Q4 2023 (growth of 514.6%); the low point was Q4 2020 (a decline of 52.4%).
- Per Business Quant data, the three quarters before Q4 2023 came in at $67.5 million (Q3 2023), $16.95 million (Q2 2023) and $13.88 million (Q1 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 742.00 Mn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | - |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 186.90 Mn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 359.00 Mn |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 41.00 Mn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | 59.52 Mn |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 9.00 Mn |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 95.00 Mn |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | - |
| 10 | Patterson Uti Energy | 4.16 Bn | 3.02 Bn | 280.64 Mn | - |
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 |
Patterson Uti Energy Current 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=current-taxes&ticker=PTEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-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=current-taxes&ticker=PTEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();