Patterson Uti Energy (PTEN) Gross Margin (2009 - 2026)
Patterson Uti Energy's Gross Margin was 22.85% in Q2 2026, down 0.93 percentage points from 23.78% a year earlier and down 1.15 percentage points from the prior quarter.
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Analysis
Patterson Uti Energy (PTEN) Gross Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Patterson Uti Energy's Gross Margin was 23.76% through Jun 30, 2026, down 1.29 percentage points year-over-year; for FY2025, it was 24.24%, down 2.87 percentage points from FY2024.
- Gross Margin shows a five-year change of -4.43 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 27.11% in FY2024 (-5.09 pp), 32.20% in FY2023 (+1.94 pp), 30.26% in FY2022 (+9.98 pp) and 20.27% in FY2021 (-8.40 pp).
- The Q2 2026 figure marks the lowest quarterly Gross Margin since Q4 2021.
- Compared with a year earlier, Gross Margin has declined for 11 straight quarters, with an average year-over-year change of -2.82 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was Q4 2022 (a gain of 15.80 percentage points); the worst was Q3 2021 (a drop of 11.46 percentage points).
- Per Business Quant data, PTEN's Gross Margin in the three quarters before Q2 2026 was 24.00% (Q1 2026), 24.24% (Q4 2025) and 23.99% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 15.55% |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 23.46% |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 24.78% |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 14.07% |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 24.41% |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | 33.25% |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 37.06% |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 30.14% |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | 22.94% |
| 10 | Patterson Uti Energy | 4.16 Bn | 3.02 Bn | 280.64 Mn | 22.85% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.85% |
| Mar 31, 2026 | 24.00% |
| Dec 31, 2025 | 24.24% |
| Sep 30, 2025 | 23.99% |
| Jun 30, 2025 | 23.78% |
| Mar 31, 2025 | 24.92% |
| Dec 31, 2024 | 26.03% |
| Sep 30, 2024 | 25.44% |
| Jun 30, 2024 | 27.97% |
| Mar 31, 2024 | 28.68% |
| Dec 31, 2023 | 29.36% |
| Sep 30, 2023 | 31.64% |
| Jun 30, 2023 | 35.68% |
| Mar 31, 2023 | 35.25% |
| Dec 31, 2022 | 34.58% |
| Sep 30, 2022 | 31.19% |
| Jun 30, 2022 | 28.18% |
| Mar 31, 2022 | 24.77% |
| Dec 31, 2021 | 18.78% |
| Sep 30, 2021 | 20.35% |
API Access
Patterson Uti Energy Gross Margin 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=gross-margin&ticker=PTEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=PTEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();