Patterson Uti Energy (PTEN) Interest Coverage Ratio (2009 - 2026)
Patterson Uti Energy (PTEN) posted Interest Coverage Ratio of 0.82 for Q1 2026, down 8166.56% sequentially from 0.01 in Q4 2025, and down 215.96% YoY from 0.71 in Q1 2025.
Patterson Uti Energy (PTEN) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Patterson Uti Energy has reported Interest Coverage Ratio for 18 years, with the latest figure at 0.82 in Q1 2026.
- Quarterly Interest Coverage Ratio fell 215.96% year-over-year to 0.82 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.94 (up 92.36% YoY) and the FY2025 annual result came in at 0.58, up 94.36% from the prior year.
- Interest Coverage Ratio fell to 0.82 in Q1 2026 per PTEN's latest filing, from 0.01 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 14.5 in Q4 2022 and troughed at 55.07 in Q3 2024.
- A 5-year average of 0.1 and a median of 0.71 in 2025 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio soared 895.22% in 2023, then tumbled 8966.44% in 2024.
- Over 5 years, Interest Coverage Ratio stood at 14.5 in 2022, then plunged by 58.75% to 5.98 in 2023, then tumbled by 129.56% to 1.77 in 2024, then surged by 99.44% to 0.01 in 2025, then tumbled by 8166.56% to 0.82 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 0.82, 0.01, and 1.6 for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | 0.84 |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | -7.60 |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | -0.34 |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 7.70 |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 4.50 |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | 0.00 |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | -11.54 |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 7.89 |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | - |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | -1.55 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -0.34 |
| Mar 31, 2026 | -0.82 |
| Dec 31, 2025 | -0.01 |
| Sep 30, 2025 | -1.60 |
| Jun 30, 2025 | -1.67 |
| Mar 31, 2025 | 0.71 |
| Dec 31, 2024 | -1.77 |
| Sep 30, 2024 | -55.07 |
| Jun 30, 2024 | 2.52 |
| Mar 31, 2024 | 4.74 |
| Dec 31, 2023 | 5.98 |
| Sep 30, 2023 | 0.62 |
| Jun 30, 2023 | 10.74 |
| Mar 31, 2023 | 14.20 |
| Dec 31, 2022 | 14.50 |
| Sep 30, 2022 | 6.96 |
| Jun 30, 2022 | 3.45 |
| Mar 31, 2022 | -1.79 |
| Dec 31, 2021 | -34.10 |
| Sep 30, 2021 | -8.43 |