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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |