Patterson Uti Energy (PTEN) Property, Plant & Equipment (Net) (2009 - 2026)
Patterson Uti Energy (PTEN) reported Property, Plant & Equipment (Net) of $2.6 billion for Q2 2026, down 8.4% from $2.84 billion a year earlier and down 1.1% from the prior quarter.
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Analysis
Patterson Uti Energy (PTEN) Property, Plant & Equipment (Net) (2009 - 2026) Analysis & Trends
At the end of FY2025, Patterson Uti Energy posted Property, Plant & Equipment (Net) of $2.71 billion, down 9.9% from FY2024.
- Property, Plant & Equipment (Net) has a five-year compound annual growth rate of -0.4% (FY2020 to FY2025).
- By year, Property, Plant & Equipment (Net) came in at $3.01 billion in FY2024 (-9.9%), $3.34 billion in FY2023 (+47.8%), $2.26 billion in FY2022 (-3.1%) and $2.33 billion in FY2021 (-15.5%).
- The Q2 2026 figure ranks as the lowest quarterly Property, Plant & Equipment (Net) since Q2 2023.
- Year over year, Property, Plant & Equipment (Net) has now declined in each of the last eight quarters, with an average decline of 10.2% over the last eight quarters.
- The high point for year-over-year Property, Plant & Equipment (Net) in five years was Q3 2023 (growth of 48.7%); the low point was Q3 2021 (a decline of 16.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $2.63 billion (Q1 2026), $2.71 billion (Q4 2025) and $2.79 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.34 Bn | 69.45 Bn | 1.40 Bn | 7.75 Bn |
| 2 | Baker Hughes | 55.59 Bn | 18.87 Bn | 1.58 Bn | 5.54 Bn |
| 3 | TechnipFMC | 27.02 Bn | 23.17 Bn | 684.70 Mn | 2.26 Bn |
| 4 | Halliburton | 26.54 Bn | 18.29 Bn | 804.00 Mn | 5.17 Bn |
| 5 | Nov | 6.72 Bn | 1.51 Bn | 521.00 Mn | 2.02 Bn |
| 6 | Noble | 6.50 Bn | 4.43 Bn | 239.27 Mn | 5.45 Bn |
| 7 | Transocean | 5.76 Bn | 3.47 Bn | 358.00 Mn | 12.34 Bn |
| 8 | Weatherford International | 5.72 Bn | 1.66 Bn | 333.00 Mn | 1.13 Bn |
| 9 | Kodiak Gas Services | 5.48 Bn | 5.25 Bn | 246.76 Mn | 3.91 Bn |
| 10 | Patterson Uti Energy | 4.28 Bn | 3.13 Bn | 280.64 Mn | 2.60 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.60 Bn |
| Mar 31, 2026 | 2.63 Bn |
| Dec 31, 2025 | 2.71 Bn |
| Sep 30, 2025 | 2.79 Bn |
| Jun 30, 2025 | 2.84 Bn |
| Mar 31, 2025 | 2.94 Bn |
| Dec 31, 2024 | 3.01 Bn |
| Sep 30, 2024 | 3.10 Bn |
| Jun 30, 2024 | 3.24 Bn |
| Mar 31, 2024 | 3.32 Bn |
| Dec 31, 2023 | 3.34 Bn |
| Sep 30, 2023 | 3.39 Bn |
| Jun 30, 2023 | 2.26 Bn |
| Mar 31, 2023 | 2.25 Bn |
| Dec 31, 2022 | 2.26 Bn |
| Sep 30, 2022 | 2.28 Bn |
| Jun 30, 2022 | 2.29 Bn |
| Mar 31, 2022 | 2.31 Bn |
| Dec 31, 2021 | 2.33 Bn |
| Sep 30, 2021 | 2.42 Bn |
API Access
Patterson Uti Energy Property, Plant & Equipment (Net) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=property-plant-and-equipment-net&ticker=PTEN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "ticker": "PTEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=property-plant-and-equipment-net&ticker=PTEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();