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
DateValue
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%