Patterson Uti Energy (PTEN) Long-Term Deferred Tax (2016 - 2024)

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Patterson Uti Energy (PTEN) has disclosed Long-Term Deferred Tax for 14 consecutive years, with $4.8 million as the latest value for Q1 2024.

• Quarterly Long-Term Deferred Tax rose 34.01% to $4.8 million in Q1 2024 from the year-ago period, while the trailing twelve-month figure was $4.8 million through Mar 2024, up 34.01% year-over-year, with the annual reading at $3.9 million for FY2023, 22.34% up from the prior year.
• Long-Term Deferred Tax hit $4.8 million in Q1 2024 for Patterson Uti Energy, up from $3.9 million in the prior quarter.
• In the past five years, Long-Term Deferred Tax ranged from a high of $7.7 million in Q3 2023 to a low of $2.8 million in Q2 2022.
• Historically, Long-Term Deferred Tax has averaged $4.1 million across 4 years, with a median of $3.9 million in 2022.
• Biggest five-year swings in Long-Term Deferred Tax: fell 19.25% in 2022 and later soared 115.78% in 2023.
• Year by year, Long-Term Deferred Tax stood at $4.0 million in 2021, then dropped by 19.25% to $3.2 million in 2022, then increased by 22.34% to $3.9 million in 2023, then increased by 21.82% to $4.8 million in 2024.
• Business Quant data shows Long-Term Deferred Tax for PTEN at $4.8 million in Q1 2024, $3.9 million in Q4 2023, and $7.7 million in Q3 2023.

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