Return on Tangible Equity (Annual)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

Patterson-UTI Energy, Inc. (PTEN) had Return on Tangible Equity of -46.94% for the most recently reported fiscal year, ending 2024-12-31.

Quarterly Annual

Figures for fiscal year ending 2024-12-31

Income Statement Financials
Revenue	$5.38B
Net Income	$-968.03M
Cost of Goods Sold	$3.92B
Gross Profit	$1.46B
Operating Expenses	$6.27B
Operating Income	$-889.74M
Non-Operating Income/Expense	$-67.21M
Pre-Tax Income	$-956.95M
Normalized Pre-Tax Income	$-956.95M
Income after Taxes	$-966.40M
Income from Continuous Operations	$-966.40M
Consolidated Net Income/Loss	$-966.40M
Normalized Income after Taxes	$-966.40M
EBIT	$-889.74M
EBITDA	$1.17B
Weighted-Average Shares Outstanding (Basic)	397.20M
Weighted-Average Shares Outstanding (Diluted)	397.20M
Earnings per Share (EPS) (Basic)	$-2.44
Earnings per Share (EPS) (Diluted)	$-2.44
Balance Sheet Financials
Current Assets	$1.30B
Property, Plant, and Equipment	$3.01B
Long-Term Assets	$4.47B
Total Assets	$5.83B
Current Liabilities	$841.99M
Long-Term Debt	$1.23B
Long-Term Liabilities	$1.52B
Total Liabilities	$2.36B
Common Equity	$3.48B
Tangible Shareholders Equity	$2.06B
Shareholders Equity	$3.48B
Common Shares Outstanding	387.35M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$1.18B
Cash Flow from Investing Activities	$-654.74M
Cash Flow from Financial Activities	$-474.99M
Beginning Cash	$192.68M
End Cash	$241.29M
Increase/Decrease in Cash	$48.61M
Stock-Based Compensation	$46.35M
Common Stock Dividends Paid	$-126.79M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.54
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.26
Debt to Equity Ratio	0.36
Gross Margin	27.11%
Operating Margin	-16.54%
EBIT Margin	-16.54%
EBITDA Margin	21.71%
Pre-Tax Profit Margin	-17.79%
Profit Margin	-18.00%
Free Cash Flow	$522.98M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.92
Inventory Turnover	23.47
Receiveable Turnover	7.04
Days Sales in Receivables	51.84
Return on Equity	-27.80%
Return on Tangible Equity	-46.94%
Return on Assets	-16.57%
Return on Investments	-20.54%
Book Value Per Share	$8.97
Free Cash Flow per Share	$1.32
Operating Cash Flow per Share	$2.96

Data from Zacks Investment Research, Inc.