Patterson Uti Energy PTEN
NASDAQ PTEN
$12.93 +0.27 (+2.13%)
As of: Sep 9, 2026 · 3:59 PM EDT

Patterson Uti Energy (PTEN) Dividend Coverage Ratio (2009 - 2026)

Patterson Uti Energy's (PTEN) quarterly Dividend Coverage Ratio came in at 0.51 in Q2 2026, up 68.03% year-over-year from 0.3 in Q2 2025, and up 21.45% quarter-over-quarter from 0.64 in Q1 2026.

Analysis

Patterson Uti Energy (PTEN) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends

Patterson Uti Energy has disclosed Dividend Coverage Ratio across 18 years of filings, most recently posting 0.51 for Q2 2026.

  • In Q2 2026, Dividend Coverage Ratio rose 68.03% year-over-year to 0.51; the TTM figure through Jun 2026 stood at 0.65 (up 92.48% YoY), while the FY2025 annual figure was 0.76, up 90.03% from the prior year.
  • Dividend Coverage Ratio came in at 0.51 for Q2 2026 at Patterson Uti Energy, up from 0.64 in the prior quarter.
  • In the past five years, Dividend Coverage Ratio ranged from a high of 7.09 in Q3 2022 to a low of 31.33 in Q3 2024.
  • Average Dividend Coverage Ratio over 5 years is 0.57, with a median of 0.02 recorded in 2023.
  • Year-over-year, Dividend Coverage Ratio surged 276.32% in 2023 and plunged 2081593.71% in 2024.
  • Over 5 years, Dividend Coverage Ratio stood at 5.83 in 2022, then sank by 68.12% to 1.86 in 2023, then tumbled by 188.59% to 1.65 in 2024, then surged by 81.6% to 0.3 in 2025, then sank by 67.08% to 0.51 in 2026.
  • Per Business Quant data, the three most recent Dividend Coverage Ratio figures were 0.51 in Q2 2026, 0.64 in Q1 2026, and 0.3 in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Div. Cover (Qtr)
1 Patterson Uti Energy 4.74 Bn 4.54 Bn 597.25 Mn -0.51
2 Helmerich & Payne 4.43 Bn 4.29 Bn 349.94 Mn 3.07
3 Nabors Industries 1.45 Bn 1.44 Bn 309.38 Mn -
4 Precision Drilling 1.16 Bn 1.12 Bn 89.29 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -0.51
Mar 31, 2026 -0.64
Dec 31, 2025 -0.30
Sep 30, 2025 -1.20
Jun 30, 2025 -1.58
Mar 31, 2025 0.04
Dec 31, 2024 -1.65
Sep 30, 2024 -31.33
Jun 30, 2024 0.37
Mar 31, 2024 1.59
Dec 31, 2023 1.86
Sep 30, 2023 0.00
Jun 30, 2023 5.10
Mar 31, 2023 5.89
Dec 31, 2022 5.83
Sep 30, 2022 7.09
Jun 30, 2022 2.53
Mar 31, 2022 -3.34
Dec 31, 2021 250.21
Sep 30, 2021 -21.96