Patterson Uti Energy (PTEN) Interest Coverage Ratio (2009 - 2026)
Patterson Uti Energy's (PTEN) quarterly Interest Coverage Ratio came in at 0.34 in Q2 2026, up 79.58% year-over-year from 0.19 in Q2 2025, and up 58.32% quarter-over-quarter from 0.82 in Q1 2026.
Analysis
Patterson Uti Energy (PTEN) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Patterson Uti Energy has disclosed Interest Coverage Ratio across 18 years of filings, most recently posting 0.34 for Q2 2026.
- In Q2 2026, Interest Coverage Ratio rose 79.58% year-over-year to 0.34; the TTM figure through Jun 2026 stood at 0.68 (up 95.34% YoY), while the FY2025 annual figure was 0.58, up 95.32% from the prior year.
- Interest Coverage Ratio came in at 0.34 for Q2 2026 at Patterson Uti Energy, up from 0.82 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 14.5 in Q4 2022 to a low of 55.07 in Q3 2024.
- Average Interest Coverage Ratio over 5 years is 0.09, with a median of 0.79 recorded in 2023.
- Year-over-year, Interest Coverage Ratio surged 898.59% in 2023 and slumped 8966.44% in 2024.
- Over 5 years, Interest Coverage Ratio stood at 14.5 in 2022, then slumped by 58.75% to 5.98 in 2023, then sank by 129.56% to 1.77 in 2024, then soared by 99.25% to 0.01 in 2025, then tumbled by 2467.51% to 0.34 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 0.34 in Q2 2026, 0.82 in Q1 2026, and 0.01 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Patterson Uti Energy | 4.89 Bn | 4.68 Bn | 597.25 Mn | -0.34 |
| 2 | Helmerich & Payne | 4.41 Bn | 4.17 Bn | 349.94 Mn | 7.70 |
| 3 | Nabors Industries | 1.28 Bn | 767.32 Mn | 309.38 Mn | -11.54 |
| 4 | Precision Drilling | 1.19 Bn | 1.14 Bn | 89.29 Mn | - |
Historic Data
Download Data
Historic 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 | 0.96 |
| 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 | 14.27 |
| 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 |