Patterson Uti Energy (PTEN) Tax Rate (2009 - 2026)
Patterson Uti Energy recorded quarterly Tax Rate of 12.81% in Q1 2026, down 67.32% quarter-over-quarter from 39.2% in Q4 2025, and down 3906.0% year-over-year from 0.34% in Q1 2025.
Patterson Uti Energy's Tax Rate history runs 18 years deep, the most recent figure standing at 12.81% for Q1 2026.
- In Q1 2026, Tax Rate fell 3906.0% year-over-year to 12.81%; the TTM figure through Mar 2026 stood at 11.16% (up 1027.0% YoY), while the FY2025 annual figure 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.
- A 5-year average of 22.21% and a median of 13.99% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate jumped 9023 bps in 2023 and slumped 9069 bps in 2024, its largest moves.
- Patterson Uti Energy's Tax Rate stood at 7.65% in 2022, then soared by 339 bps to 33.59% in 2023, then slumped by 112 bps to 3.9% in 2024, then soared by 1106 bps to 39.2% in 2025, then sank 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | - |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 37.67 |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | -317.65 |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | 12.81 |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | -19.97 |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 143.75 |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | - |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 55.93 |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | -108.93 |
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 |
| Sep 30, 2023 | 93.69 |
| Sep 30, 2023 | 93.69 |
| Jun 30, 2023 | 13.99 |
| Jun 30, 2023 | 13.99 |
| Mar 31, 2023 | 16.84 |
| Mar 31, 2023 | 16.84 |
| Dec 31, 2022 | 7.65 |
| Dec 31, 2022 | 7.65 |
| Sep 30, 2022 | 3.46 |
| Sep 30, 2022 | 3.46 |
| Jun 30, 2022 | 7.52 |
| Jun 30, 2022 | 7.52 |
| Mar 31, 2022 | -3.33 |
| Mar 31, 2022 | -3.33 |
| Dec 31, 2021 | -2.33 |
| Dec 31, 2021 | -2.33 |
| Sep 30, 2021 | 17.53 |
| Sep 30, 2021 | 17.53 |
| Jun 30, 2021 | 13.39 |
| Jun 30, 2021 | 13.39 |
| Mar 31, 2021 | 16.46 |
| Mar 31, 2021 | 16.46 |
| Dec 31, 2020 | 18.91 |
| Dec 31, 2020 | 18.91 |
| Sep 30, 2020 | 10.39 |
| Sep 30, 2020 | 10.39 |
| Jun 30, 2020 | 11.39 |
| Jun 30, 2020 | 11.39 |
| Mar 31, 2020 | 13.90 |
| Mar 31, 2020 | 13.90 |
| Dec 31, 2019 | 8.66 |
| Dec 31, 2019 | 8.66 |
| Sep 30, 2019 | 19.78 |
| Sep 30, 2019 | 19.78 |
| Jun 30, 2019 | 17.00 |
| Jun 30, 2019 | 17.00 |
| Mar 31, 2019 | 18.75 |
| Mar 31, 2019 | 18.75 |
| Dec 31, 2018 | -8.90 |
| Dec 31, 2018 | -8.90 |
| Sep 30, 2018 | 18.04 |
| Sep 30, 2018 | 18.04 |
| Jun 30, 2018 | 43.90 |
| Jun 30, 2018 | 43.90 |
| Mar 31, 2018 | -0.83 |
| Mar 31, 2018 | -0.83 |
| Dec 31, 2017 | 723.17 |
| Dec 31, 2017 | 723.17 |
| Sep 30, 2017 | 28.79 |
| Sep 30, 2017 | 28.79 |
| Jun 30, 2017 | 37.94 |
| Jun 30, 2017 | 37.94 |
| Mar 31, 2017 | 36.77 |
| Mar 31, 2017 | 36.77 |
| Dec 31, 2016 | 35.86 |
| Dec 31, 2016 | 35.86 |
| Sep 30, 2016 | 37.01 |
| Sep 30, 2016 | 37.01 |
| Jun 30, 2016 | 36.35 |
| Jun 30, 2016 | 36.35 |
| Mar 31, 2016 | 33.45 |
| Mar 31, 2016 | 33.45 |
| Dec 31, 2015 | 31.93 |
| Dec 31, 2015 | 31.93 |
| Sep 30, 2015 | 33.23 |
| Sep 30, 2015 | 33.23 |
| Jun 30, 2015 | -5.06 |
| Jun 30, 2015 | -5.06 |
| Mar 31, 2015 | 192.62 |
| Mar 31, 2015 | 192.62 |
| Dec 31, 2014 | 41.72 |
| Dec 31, 2014 | 41.72 |
| Sep 30, 2014 | 206.60 |
| Sep 30, 2014 | 206.60 |
| Jun 30, 2014 | 32.02 |
| Jun 30, 2014 | 32.02 |
| Mar 31, 2014 | 52.03 |
| Mar 31, 2014 | 52.03 |
| Dec 31, 2013 | -157.65 |
| Dec 31, 2013 | -157.65 |
| Sep 30, 2013 | 36.78 |
| Sep 30, 2013 | 36.78 |
| Jun 30, 2013 | 3.63 |
| Jun 30, 2013 | 3.63 |
| Mar 31, 2013 | 8.57 |
| Mar 31, 2013 | 8.57 |
| Dec 31, 2012 | 177.16 |
| Dec 31, 2012 | 177.16 |
| Sep 30, 2012 | 2.68 |
| Sep 30, 2012 | 2.68 |
| Jun 30, 2012 | 36.56 |
| Jun 30, 2012 | 36.56 |
| Mar 31, 2012 | 4.90 |
| Mar 31, 2012 | 4.90 |
| Dec 31, 2011 | -76.69 |
| Dec 31, 2011 | -76.69 |
| Sep 30, 2011 | 36.43 |
| Sep 30, 2011 | 36.43 |
| Jun 30, 2011 | 36.45 |
| Jun 30, 2011 | 36.45 |
| Mar 31, 2011 | 37.08 |
| Mar 31, 2011 | 37.08 |
| Dec 31, 2010 | -76.92 |
| Dec 31, 2010 | -76.92 |
| Sep 30, 2010 | 36.97 |
| Sep 30, 2010 | 36.97 |
| Jun 30, 2010 | 4.21 |
| Jun 30, 2010 | 4.21 |
| Mar 31, 2010 | -66.00 |
| Mar 31, 2010 | -66.00 |
| Dec 31, 2009 | 33.19 |
| Dec 31, 2009 | 33.19 |
| Sep 30, 2009 | 10.38 |
| Sep 30, 2009 | 10.38 |
| Jun 30, 2009 | 9.02 |
| Jun 30, 2009 | 9.02 |
| Mar 31, 2009 | 36.13 |
| Mar 31, 2009 | 36.13 |