Patterson Uti Energy (PTEN) Tax Rate (2009 - 2026)
Patterson Uti Energy (PTEN) posted Tax Rate of 12.81% for Q1 2026, down 67.32% sequentially from 39.2% in Q4 2025, and down 3906.0% YoY from 0.34% in Q1 2025.
Patterson Uti Energy (PTEN) Tax Rate (2009 - 2026) Analysis & Trends
Patterson Uti Energy has reported Tax Rate for 18 years, with the latest figure at 12.81% in Q1 2026.
- Quarterly Tax Rate fell 3906.0% year-over-year to 12.81% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 11.16% (up 1027.0% YoY) and the FY2025 annual result came in at 9.65%, up 1064.0% from the prior year.
- Tax Rate fell to 12.81% in Q1 2026 per PTEN's latest filing, from 39.2% in the prior quarter.
- Over five years, Tax Rate peaked at 93.69% in Q3 2023 and troughed at 3.9% in Q4 2024.
- A 5-year average of 22.21% and a median of 13.99% in 2023 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2024: Tax Rate surged 9023 bps in 2023, then tumbled 9069 bps in 2024.
- Over 5 years, Tax Rate stood at 7.65% in 2022, then jumped by 339 bps to 33.59% in 2023, then tumbled by 112 bps to 3.9% in 2024, then jumped by 1106 bps to 39.2% in 2025, then slumped by 67 bps to 12.81% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 12.81%, 39.2%, and 15.32% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn | -79.89% |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn | 7.61% |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn | 30.97% |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 48.10% |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | 29.27% |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | -4.73% |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | 110.23% |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn | 22.14% |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | 41.69% |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - | -72.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 30.97% |
| Jun 30, 2026 | 30.97% |
| Jun 30, 2026 | 30.97% |
| Mar 31, 2026 | 12.81% |
| Mar 31, 2026 | 12.81% |
| Mar 31, 2026 | 12.81% |
| Dec 31, 2025 | 39.20% |
| Dec 31, 2025 | 39.20% |
| Dec 31, 2025 | 39.20% |
| Sep 30, 2025 | 15.32% |
| Sep 30, 2025 | 15.32% |
| Sep 30, 2025 | 15.32% |
| Jun 30, 2025 | -2.51% |
| Jun 30, 2025 | -2.51% |
| Jun 30, 2025 | -2.51% |
| Mar 31, 2025 | 51.87% |
| Mar 31, 2025 | 51.87% |
| Mar 31, 2025 | 51.87% |
| Dec 31, 2024 | -3.90% |
| Dec 31, 2024 | -3.90% |