Patterson Uti Energy (PTEN) Interest Expenses (2009 - 2026)
Patterson Uti Energy (PTEN) posted Interest Expenses of $17.5 million for Q1 2026, down 26.3% sequentially from $23.7 million in Q4 2025, and down 27.14% YoY from $24.0 million in Q1 2025.
Patterson Uti Energy (PTEN) Interest Expenses (2009 - 2026) Analysis & Trends
Patterson Uti Energy has reported Interest Expenses for 18 years, with the latest figure at $17.5 million in Q1 2026.
- Quarterly Interest Expenses fell 27.14% year-over-year to $17.5 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $76.3 million (down 1.65% YoY) and the FY2025 annual result came in at $70.5 million, down 18.67% from the prior year.
- Interest Expenses declined to $17.5 million in Q1 2026 per PTEN's latest filing, from $23.7 million in the prior quarter.
- Over five years, Interest Expenses peaked at $24.0 million in Q1 2025 and troughed at $8.1 million in Q4 2022.
- A 5-year average of $15.6 million and a median of $17.5 million in 2025 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2023 and 2026: Interest Expenses surged 131.83% in 2023, then decreased 27.14% in 2026.
- Over 5 years, Interest Expenses stood at $8.1 million in 2022, then surged by 131.83% to $18.7 million in 2023, then slipped by 5.12% to $17.7 million in 2024, then jumped by 33.85% to $23.7 million in 2025, then slipped by 26.3% to $17.5 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $17.5 million, $23.7 million, and $17.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn | 36.20 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn | -20.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn | 20.40 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 24.44 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | 16.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | 236.40 Mn |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | 42.68 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn | 8.89 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | - |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - | 43.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.40 Mn |
| Jun 30, 2026 | 20.40 Mn |
| Mar 31, 2026 | 17.49 Mn |
| Mar 31, 2026 | 17.49 Mn |
| Dec 31, 2025 | 23.73 Mn |
| Dec 31, 2025 | 23.73 Mn |
| Sep 30, 2025 | 17.49 Mn |
| Sep 30, 2025 | 17.49 Mn |
| Jun 30, 2025 | 17.65 Mn |
| Jun 30, 2025 | 17.65 Mn |
| Mar 31, 2025 | 24.00 Mn |
| Mar 31, 2025 | 24.00 Mn |
| Dec 31, 2024 | 17.73 Mn |
| Dec 31, 2024 | 17.73 Mn |
| Sep 30, 2024 | 17.99 Mn |
| Sep 30, 2024 | 17.99 Mn |
| Jun 30, 2024 | 17.91 Mn |
| Jun 30, 2024 | 17.91 Mn |
| Mar 31, 2024 | 18.34 Mn |
| Mar 31, 2024 | 18.34 Mn |