Patterson Uti Energy (PTEN) Tax Rate (2009 - 2025)
Patterson Uti Energy (PTEN) posted Tax Rate of 30.97% for Q2 2026, up 33.48 percentage points from -2.51% a year earlier and up 18.16 percentage points from the prior quarter.
Patterson Uti Energy (PTEN) Tax Rate (2009 - 2025) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Patterson Uti Energy was 21.69%, up 19.36 percentage points year-over-year; for FY2025, it came in at 9.65%, up 10.64 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of -4.03 percentage points (FY2020 to FY2025).
- In prior years, Patterson Uti Energy's Tax Rate was -0.99% in FY2024 (-20.90 pp), 19.91% in FY2023 (+12.05 pp), 7.87% in FY2022 (-0.85 pp) and 8.71% in FY2021 (-4.96 pp).
- Quarterly Tax Rate has run from a low of -3.90% in Q4 2024 to a high of 93.69% in Q3 2023 over five years.
- On a year-over-year basis, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of -14.67 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q3 2023, with a gain of 90.23 percentage points; the weakest was Q3 2024, with a drop of 90.69 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 12.81% (Q1 2026), 39.20% (Q4 2025) and 15.32% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 20.02% |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 23.54% |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 23.96% |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 18.98% |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 26.11% |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | - |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 7.61% |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 44.00% |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | 41.69% |
| 10 | Patterson Uti Energy | 4.16 Bn | 3.02 Bn | 280.64 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2025 | 51.87% |
| Jun 30, 2024 | 60.48% |
| Mar 31, 2024 | 27.89% |
| Dec 31, 2023 | 33.59% |
| Jun 30, 2023 | 13.99% |
| Mar 31, 2023 | 16.84% |
| Dec 31, 2022 | 7.65% |
| Sep 30, 2022 | 3.46% |
| Jun 30, 2022 | 7.52% |
| Mar 31, 2015 | 42.41% |
| Dec 31, 2014 | 41.72% |
| Sep 30, 2014 | 32.11% |
| Jun 30, 2014 | 32.31% |
| Mar 31, 2014 | 32.73% |
| Dec 31, 2013 | 36.35% |
| Sep 30, 2013 | 36.78% |
| Jun 30, 2013 | 36.59% |
| Mar 31, 2013 | 36.36% |
| Dec 31, 2012 | 37.68% |
| Sep 30, 2012 | 38.16% |
Patterson Uti Energy Tax Rate 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=tax-rate&ticker=PTEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=PTEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();