Patterson Uti Energy (PTEN) Gross Margin (2009 - 2026)
Patterson Uti Energy recorded quarterly Gross Margin of 47.96% in Q1 2026, down 40.17% quarter-over-quarter from 80.15% in Q4 2025, and down 68.0% year-over-year from 149.87% in Q1 2025.
Patterson Uti Energy's Gross Margin history runs 18 years deep, the most recent figure standing at 47.96% for Q1 2026.
- In Q1 2026, Gross Margin fell 68.0% year-over-year to 47.96%; the TTM figure through Mar 2026 stood at 76.29% (up 4516.0% YoY), while the FY2025 annual figure was 79.75%, up 2918.0% from the prior year.
- Gross Margin came in at 47.96% for Q1 2026 at Patterson Uti Energy, down from 80.15% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 100.0% in Q3 2022 to a low of 126.02% in Q4 2024.
- A 5-year average of 65.95% and a median of 80.15% in 2025 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin jumped 120240 bps in 2022 and tumbled 15739 bps in 2024, its largest moves.
- Patterson Uti Energy's Gross Margin stood at 72.0% in 2022, then slumped by 56 bps to 31.37% in 2023, then tumbled by 502 bps to 126.02% in 2024, then surged by 164 bps to 80.15% in 2025, then slumped by 40 bps to 47.96% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 47.96%, 80.15%, and 79.05% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 31.50% |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 96.17% |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 43.94% |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | 47.96% |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 97.34% |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 49.44% |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | -5,252.71% |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 37.02% |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 47.96% |
| Dec 31, 2025 | 80.15% |
| Sep 30, 2025 | 79.05% |
| Jun 30, 2025 | 95.95% |
| Mar 31, 2025 | 48.64% |
| Dec 31, 2024 | -126.02% |
| Sep 30, 2024 | 81.52% |
| Jun 30, 2024 | 99.24% |
| Mar 31, 2024 | 50.63% |
| Dec 31, 2023 | 31.37% |
| Sep 30, 2023 | 98.95% |
| Jun 30, 2023 | 100.00% |
| Mar 31, 2023 | 100.00% |
| Dec 31, 2022 | 72.00% |
| Sep 30, 2022 | 100.00% |
| Jun 30, 2022 | 92.70% |
| Mar 31, 2022 | 69.09% |
| Dec 31, 2021 | -1,130.40% |
| Sep 30, 2021 | 92.08% |
| Jun 30, 2021 | 65.68% |
| Mar 31, 2021 | 95.76% |
| Dec 31, 2020 | 93.34% |
| Sep 30, 2020 | 71.46% |
| Jun 30, 2020 | 77.53% |
| Mar 31, 2020 | 63.35% |
| Dec 31, 2019 | 182.58% |
| Sep 30, 2019 | 70.54% |
| Jun 30, 2019 | 70.14% |
| Mar 31, 2019 | 71.21% |
| Dec 31, 2018 | 23.71% |
| Sep 30, 2018 | 60.52% |
| Jun 30, 2018 | 97.95% |
| Mar 31, 2018 | 97.81% |
| Dec 31, 2017 | 96.97% |
| Sep 30, 2017 | 57.62% |
| Jun 30, 2017 | 97.81% |
| Mar 31, 2017 | 98.93% |
| Dec 31, 2016 | -21.60% |
| Sep 30, 2016 | 99.10% |
| Jun 30, 2016 | 99.15% |
| Mar 31, 2016 | 99.22% |
| Dec 31, 2015 | 98.99% |
| Sep 30, 2015 | 99.40% |
| Jun 30, 2015 | 99.41% |
| Mar 31, 2015 | 99.57% |
| Dec 31, 2014 | 99.59% |
| Sep 30, 2014 | 99.61% |
| Jun 30, 2014 | 99.62% |
| Mar 31, 2014 | 99.52% |
| Dec 31, 2013 | 100.16% |
| Sep 30, 2013 | 99.51% |
| Jun 30, 2013 | 99.51% |
| Mar 31, 2013 | 82.59% |
| Dec 31, 2012 | 99.88% |
| Sep 30, 2012 | 99.58% |
| Jun 30, 2012 | 99.62% |
| Mar 31, 2012 | 99.63% |
| Dec 31, 2011 | 92.66% |
| Sep 30, 2011 | 80.52% |
| Jun 30, 2011 | 99.65% |
| Mar 31, 2011 | 80.77% |
| Dec 31, 2010 | 80.88% |
| Sep 30, 2010 | 99.61% |
| Jun 30, 2010 | 76.77% |
| Mar 31, 2010 | 70.97% |
| Dec 31, 2009 | 70.40% |
| Sep 30, 2009 | 98.89% |
| Jun 30, 2009 | 64.76% |
| Mar 31, 2009 | 55.09% |