Patterson Uti Energy (PTEN) Long-Term Deferred Tax (2009 - 2024)

Patterson Uti Energy has reported Long-Term Deferred Tax for 14 years, with the latest figure at $4.8 million in Q1 2024.

• Quarterly Long-Term Deferred Tax rose 34.01% year-over-year to $4.8 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $4.8 million (up 34.01% YoY) and the FY2023 annual result came in at $3.9 million, up 22.34% from the prior year.
• Long-Term Deferred Tax climbed to $4.8 million in Q1 2024 per PTEN's latest filing, from $3.9 million in the prior quarter.
• Over five years, Long-Term Deferred Tax peaked at $7.7 million in Q3 2023 and troughed at $2.8 million in Q2 2022.
• A 4-year average of $4.1 million and a median of $3.9 million in 2022 frame the typical range for Long-Term Deferred Tax.
• The sharpest annual moves came in 2022 and 2023: Long-Term Deferred Tax fell 19.25% in 2022, then soared 115.78% in 2023.
• Over 4 years, Long-Term Deferred Tax stood at $4.0 million in 2021, then retreated by 19.25% to $3.2 million in 2022, then advanced by 22.34% to $3.9 million in 2023, then increased by 21.82% to $4.8 million in 2024.
• According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $4.8 million, $3.9 million, and $7.7 million for Q1 2024, Q4 2023, and Q3 2023 respectively.