Patterson Uti Energy (PTEN) Debt to Equity (2010 - 2026)

Patterson Uti Energy's (PTEN) quarterly Debt to Equity came in at $0.39 in Q1 2026, up 8.56% year-on-year from $0.36 in Q1 2025, and up 2.1% quarter-over-quarter from $0.38 in Q4 2025.

Patterson Uti Energy (PTEN) Debt to Equity (2010 - 2026) Analysis & Trends

Patterson Uti Energy has disclosed Debt to Equity across 17 years of filings, most recently posting $0.39 for Q1 2026.

  • Debt to Equity for Q1 2026 came in at $0.39, up 8.56% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.39 (up 8.56% YoY), and the FY2025 annual result was $0.38, up 7.34% from the prior year.
  • Debt to Equity came in at $0.39 for Q1 2026 at Patterson Uti Energy, up from $0.38 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.56 in Q2 2022 to a low of $0.26 in Q4 2023.
  • The 5-year median for Debt to Equity is $0.38 (2025), against an average of $0.39.
  • Across the five-year window, Debt to Equity sank 50.61% in 2023 and jumped 37.46% in 2024, its largest moves.
  • Patterson Uti Energy's Debt to Equity stood at $0.5 in 2022, then sank by 48.9% to $0.26 in 2023, then soared by 37.46% to $0.35 in 2024, then advanced by 7.34% to $0.38 in 2025, then advanced by 2.1% to $0.39 in 2026.
  • The last three Debt to Equity figures came in at $0.39 (Q1 2026), $0.38 (Q4 2025), and $0.38 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn 0.30
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn 0.42
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn 0.64
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn 0.39
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn 0.76
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn 0.22
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn 2.27
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn 3.72
9 Borr Drilling 1.40 Bn 1.16 Bn - 1.93
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn 0.34

Historic Data

Download Data
DateValue
Mar 31, 2026 0.39
Dec 31, 2025 0.38
Sep 30, 2025 0.38
Jun 30, 2025 0.36
Mar 31, 2025 0.36
Dec 31, 2024 0.35
Sep 30, 2024 0.34
Jun 30, 2024 0.27
Mar 31, 2024 0.26
Dec 31, 2023 0.26
Sep 30, 2023 0.26
Jun 30, 2023 0.48
Mar 31, 2023 0.49
Dec 31, 2022 0.50
Sep 30, 2022 0.53
Jun 30, 2022 0.56
Mar 31, 2022 0.54
Dec 31, 2021 0.53
Sep 30, 2021 0.53
Jun 30, 2021 0.50