KPIs & Operating Metrics(New)
Growth Metrics

Patterson Uti Energy (PTEN) Return on Assets (2016 - 2025)

Patterson Uti Energy's Return on Assets history spans 16 years, with the latest figure at 0.02% for Q2 2024.

  • For Q2 2024, Return on Assets fell 10.0% year-over-year to 0.02%; the TTM value through Jun 2024 reached 0.02%, down 10.0%, while the annual FY2024 figure was 0.15%, 19.0% down from the prior year.
  • Return on Assets for Q2 2024 was 0.02% at Patterson Uti Energy, down from 0.03% in the prior quarter.
  • Across five years, Return on Assets topped out at 0.43% in Q3 2021 and bottomed at 0.02% in Q2 2024.
  • The 5-year median for Return on Assets is 0.1% (2023), against an average of 0.18%.
  • The largest annual shift saw Return on Assets skyrocketed 39bps in 2021 before it crashed -32bps in 2023.
  • A 5-year view of Return on Assets shows it stood at 0.27% in 2020, then dropped by -3bps to 0.26% in 2021, then tumbled by -80bps to 0.05% in 2022, then plummeted by -38bps to 0.03% in 2023, then crashed by -47bps to 0.02% in 2024.
  • Per Business Quant, the three most recent readings for PTEN's Return on Assets are 0.02% (Q2 2024), 0.03% (Q1 2024), and 0.03% (Q4 2023).