Patterson Uti Energy (PTEN) Tax Rate (2009 - 2026)
Patterson Uti Energy's (PTEN) quarterly Tax Rate came in at 12.81% in Q1 2026, down 3906.0% year-on-year from 0.34% in Q1 2025, and down 67.32% quarter-over-quarter from 39.2% in Q4 2025.
Patterson Uti Energy (PTEN) Tax Rate (2009 - 2026) Analysis & Trends
Patterson Uti Energy has disclosed Tax Rate across 18 years of filings, most recently posting 12.81% for Q1 2026.
- Tax Rate for Q1 2026 came in at 12.81%, down 3906.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 11.16% (up 1027.0% YoY), and the FY2025 annual result was 9.65%, up 1064.0% from the prior year.
- Tax Rate came in at 12.81% for Q1 2026 at Patterson Uti Energy, down from 39.2% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 93.69% in Q3 2023 to a low of 3.9% in Q4 2024.
- The 5-year median for Tax Rate is 13.99% (2023), against an average of 22.21%.
- Across the five-year window, Tax Rate soared 9023 bps in 2023 and tumbled 9069 bps in 2024, its largest moves.
- Patterson Uti Energy's Tax Rate stood at 7.65% in 2022, then surged by 339 bps to 33.59% in 2023, then tumbled by 112 bps to 3.9% in 2024, then surged by 1106 bps to 39.2% in 2025, then slumped by 67 bps to 12.81% in 2026.
- The last three Tax Rate figures came in at 12.81% (Q1 2026), 39.2% (Q4 2025), and 15.32% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 34.05% |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 37.67% |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | -317.65% |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | 12.81% |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | -19.97% |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 143.75% |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | - |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 55.93% |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 62.01% |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 181.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.81% |
| Mar 31, 2026 | 12.81% |
| Dec 31, 2025 | 39.20% |
| Dec 31, 2025 | 39.20% |
| Sep 30, 2025 | 15.32% |
| Sep 30, 2025 | 15.32% |
| Jun 30, 2025 | -2.51% |
| Jun 30, 2025 | -2.51% |
| Mar 31, 2025 | 51.87% |
| Mar 31, 2025 | 51.87% |
| Dec 31, 2024 | -3.90% |
| Dec 31, 2024 | -3.90% |
| Sep 30, 2024 | 3.00% |
| Sep 30, 2024 | 3.00% |
| Jun 30, 2024 | 60.48% |
| Jun 30, 2024 | 60.48% |
| Mar 31, 2024 | 27.89% |
| Mar 31, 2024 | 27.89% |
| Dec 31, 2023 | 33.59% |
| Dec 31, 2023 | 33.59% |