Earnings Summary

Patterson-UTI Energy Inc.’s revenue fell -59.11% since last year same period to $208.29Mn in the Q1 2023. On a quarterly growth basis, Patterson-UTI Energy Inc. has generated 0% jump in its revenue since last 3-months.

Patterson-UTI Energy Inc.’s net profit jumped 170.91% since last year same period to $20.41Mn in the Q1 2023. On a quarterly growth basis, Patterson-UTI Energy Inc. has generated 0% jump in its net profits since last 3-months.

Patterson-UTI Energy Inc.’s net profit margin jumped 273.4% since last year same period to 9.8% in the Q1 2023. On a quarterly growth basis, Patterson-UTI Energy Inc. has generated 0% jump in its net profit margins since last 3-months.

Patterson-UTI Energy Inc.’s price-to-earnings ratio after this Q1 2023 earnings stands at 8.14.

Patterson-UTI Energy Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.32 - a 77.78% jump from last quarter’s estimates.

Patterson-UTI Energy Inc.’s earning per share (EPS) estimates for the current year stand at 0.32.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Patterson-UTI Energy Inc.’s return on assets (ROA) stands at 0.07.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Patterson-UTI Energy Inc.’s return on equity (ROE) stands at 0.17.

Patterson-UTI Energy Inc. declared 0.08 dividend per share during the earnings announcement for Q1 2023.