Patterson-UTI Energy, Inc. (PTEN) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 63.86M | 397.53M | 215.8M | 139.75M | 208.14M | 315.83M | 296.29M | 197.52M | 365.89M | 452.63M | 156.08M | 162.86M | 234.35M | 302.94M | 178.23M | 51.34M | 33.67M | 43.9M | 7.4M | 35.58M |
| Operating CF Margin % | 5.72% | 34.54% | 18.35% | 11.46% | 16.25% | 27.18% | 21.83% | 14.65% | 24.23% | 28.57% | 15.43% | 21.46% | 29.6% | 38.42% | 24.5% | 8.25% | 6.61% | 9.41% | 2.07% | 12.19% |
| Operating CF Growth % | -69.32% | 25.87% | -27.16% | -29.25% | -43.11% | -30.22% | 89.84% | 21.29% | 56.13% | 49.41% | -12.43% | 217.19% | 595.93% | 590.1% | 2308.19% | 44.32% | 290.56% | 1091.6% | -88.43% | -75.64% |
| Net Income | -24.63M | -9.09M | -36.45M | -48.7M | 1.29M | -50.38M | -978.33M | 11.62M | 51.71M | 61.94M | -278K | 84.61M | 99.68M | 100.1M | 61.45M | 21.89M | -28.78M | -361.82M | -83M | -103.31M |
| Depreciation & Amortization | 218.39M | 220.94M | 225.6M | 261.86M | 231.87M | 246.98M | 374.68M | 267.64M | 274.96M | 271.56M | 197.63M | 126.81M | 128.18M | 245.45M | 122.15M | 121.55M | 116.94M | 411.19M | 141.06M | 144.04M |
| Stock-Based Compensation | 4.41M | 0 | 8.66M | 9.58M | 12.29M | 10.56M | 12.93M | 10.81M | 12.05M | 13.41M | 27.36M | 6.74M | -758K | 5.64M | 5.66M | 0 | 4.64M | 4.68M | 5.05M | 5.93M |
| Deferred Taxes | -3.79M | -16.08M | -7.3M | 1.34M | 359K | -7.59M | -30.43M | 16.75M | 19.51M | 29.54M | -6.76M | 10.78M | 18.3M | 6.07M | 526K | 0 | 404K | -8.23M | -17.68M | -16.1M |
| Other Non-Cash Items | 412K | 10.41M | 1.23M | -2.07M | -875K | 9.46M | 887.23M | -3.78M | 3.18M | 5.13M | 829K | -1.48M | -110K | -125.92M | 61K | -3.92M | -596K | 2.37M | -1.33M | -2.98M |
| Working Capital Changes | -130.94M | 191.34M | 24.07M | -82.27M | -36.79M | 106.8M | 30.21M | -105.52M | 4.5M | 71.04M | -62.71M | -64.61M | -10.94M | 71.6M | -11.62M | -88.17M | -58.94M | -4.3M | -36.7M | 7.99M |
| Change in Receivables | 0 | 77.56M | -30.08M | 29.64M | -36.54M | 99.96M | 2.05M | 6.53M | 95.12M | 39.34M | -29.26M | 1.99M | 72.48M | -19.08M | -73.28M | -95.61M | -21.25M | -44.12M | -66.8M | -15.56M |
| Change in Inventory | 0 | -6.84M | 2.75M | 270K | 2.05M | 3.62M | -5.31M | 806K | -10.59M | -1.44M | -17.05M | -2.67M | -9.63M | -1.96M | 5.48M | 0 | 3.18M | -7.34M | 7.91M | -3.6M |
| Change in Payables | 0 | 24.39M | 29.77M | -80.91M | 98.04M | -87.54M | 20.37M | -81.1M | 35.4M | -40.34M | -25.17M | -28.54M | 24.33M | -20.48M | 16.81M | 28.7M | 13.96M | -8.42M | 24.89M | 25.08M |
| Cash from Investing | -106.03M | -130.31M | -147.63M | -124.7M | -164.5M | -129.93M | -175.31M | -122.02M | -227.49M | -203.95M | -571.42M | -125.87M | -116.34M | -113.58M | -121.46M | -84.83M | -93.37M | -60.97M | -28.97M | -25.74M |
| Capital Expenditures | -116.63M | -138.51M | -144.48M | -144.21M | -161.83M | -140.35M | -180.59M | -130.51M | -226.94M | -205.27M | -160.42M | -132.39M | -117.6M | -119.24M | -126.36M | -96.37M | -94.83M | -75.48M | -34.26M | -38.05M |
| CapEx % of Revenue | 10.44% | 12.04% | 12.29% | 11.83% | 12.64% | 12.08% | 13.31% | 9.68% | 15.03% | 12.96% | 15.86% | 17.45% | 14.85% | 15.12% | 17.37% | 15.49% | 18.62% | 16.18% | 9.57% | 13.04% |
| Acquisitions | 0 | 10.96M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.77M | 4.96M | 11.77M | 0 | 248.03M | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 10.6M | -2.76M | -3.15M | 19.5M | -2.67M | 10.42M | 5.28M | 8.49M | -544K | 1.32M | -411M | 6.53M | 1.26M | -100K | -62K | -226K | 1.46M | -233.51M | 5.29M | 12.31M |
| Cash from Financing | -40.27M | -32.16M | -65.85M | -53.85M | -58.87M | -63.66M | -78.79M | -170.95M | -161.59M | -122.74M | 330.57M | -43.92M | -98.34M | -94.55M | -33.67M | 3.46M | -8.62M | -57.06M | -3.83M | -7.29M |
| Debt Issued (Net) | -1.96M | -1.61M | -1.78M | -1.8M | -2.63M | -8.85M | -4.73M | -4.68M | -27.23M | -15.91M | 394.46M | 0 | 0 | -19.76M | -25M | 25M | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | -350K | -212K | -33.58M | -15.55M | -20.3M | -20.48M | -39.75M | -132.42M | -97.78M | -76.42M | -23.37M | -27.33M | -73.59M | -57.17M | 0 | -12.88M | -13K | -2.75M | -52K | -3.52M |
| Dividends Paid | -37.96M | -30.34M | -30.5M | -30.74M | -30.88M | -31.2M | -31.23M | -31.82M | -32.55M | -33.31M | -33.22M | -16.59M | -16.92M | -17.16M | -8.67M | -8.65M | -8.61M | -4.3M | -3.78M | -3.77M |
| Share Repurchases | -350K | -212K | -33.58M | -15.55M | -20.3M | -20.48M | -39.75M | -132.42M | -97.78M | -76.42M | -23.37M | -27.33M | -73.59M | -57.17M | 0 | -12.88M | -13K | -2.75M | -52K | -3.52M |
| Other Financing | 0 | 0 | 0 | -5.75M | -5.07M | -3.13M | -3.09M | -2.04M | -4.03M | 2.9M | -7.3M | 0 | -7.84M | -455K | 0 | 0 | 0 | -50M | 0 | 0 |
| Net Change in Cash | -83.4M | 233.73M | 1.02M | -39.31M | -16.09M | 125.81M | 40.45M | -95.21M | -22.43M | 125.63M | -83.24M | -6.93M | 19.66M | 94.82M | 23.1M | -28.63M | -69.26M | -73.76M | -25.4M | 2.54M |
| Free Cash Flow | -52.77M | 259.01M | 71.32M | -4.46M | 46.31M | 175.48M | 115.7M | 67.01M | 138.95M | 247.36M | -4.35M | 30.46M | 116.75M | 183.7M | 51.88M | -45.03M | -61.15M | -31.59M | -26.86M | -2.48M |
| FCF Margin % | -4.72% | 22.51% | 6.07% | -0.37% | 3.62% | 15.1% | 8.52% | 4.97% | 9.2% | 15.61% | -0.43% | 4.01% | 14.74% | 23.3% | 7.13% | -7.24% | -12.01% | -6.77% | -7.51% | -0.85% |
| FCF Growth % | -213.95% | 47.6% | -38.36% | -106.65% | -66.67% | -29.06% | 2762.26% | 119.98% | 19.02% | 34.66% | -108.38% | 167.66% | 290.91% | 681.6% | 293.11% | -1719.27% | -517.65% | -112.48% | -153.18% | -102.57% |
| FCF per Share | -0.14 | 0.68 | 0.19 | -0.01 | 0.12 | 0.45 | 0.30 | 0.17 | 0.34 | 0.59 | -0.02 | 0.15 | 0.54 | 0.84 | 0.24 | -0.20 | -0.28 | -0.15 | -0.14 | -0.01 |
| FCF Conversion (FCF/Net Income) | -2.59x | -43.71x | -5.93x | -2.84x | 207.11x | -6.12x | -0.30x | 17.83x | 7.14x | 7.31x | 3121.52x | 1.92x | 2.35x | 3.03x | 2.90x | 2.35x | -1.17x | -0.12x | -0.09x | -0.34x |
| Interest Paid | 0 | 0 | 0 | 9.4M | 24M | 0 | 10.11M | 24.3M | 10.04M | 10.34M | 11.76M | 8.64M | 8.87M | 8.52M | 10.99M | 0 | 10.57M | 0 | 10.43M | 10.37M |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 1.59M | 12.36M | 383K | -285K | 9.79M | 17.33M | 335K | 360K | 286K | 0 | 148K | 0 | 0 | 0 |