Patterson-UTI Energy (PTEN) Interest Coverage Ratio: History & Chart

Patterson-UTI Energy, Inc.(PTEN)

Oil & Gas Drilling · Houston, TX

$11.34-0.21 (-1.83%)

Delayed quote: Oct 6, 2026, 3:35 PM EDT

About Patterson-UTI Energy, Inc.

Patterson-UTI Energy, Inc. (PTEN) is a key provider of onshore contract drilling services for oil and natural gas exploration and production companies. Its operations span across the United States and international markets. The company's diverse business model is structured around three primary segments: 1. Contract Drilling Services: This division delivers drilling solutions predominantly in prominent U.S. basins such as West Texas, Appalachia, the Rockies, Oklahoma, and both South and East Texas, alongside operations in Colombia. As of late 2021, its robust fleet comprised 192 marketable land-based drilling rigs. 2. Pressure Pumping Services: Specializing in well site operations, this segment provides a range of pressure pumping services. These include comprehensive well stimulation for new well completions and remedial interventions on existing wells, in addition to hydraulic fracturing, cementing, and acid pumping activities within Texas and the Appalachian region. 3. Directional Drilling Services: This segment focuses on advanced drilling technologies, offering a complete suite of directional drilling and measurement-while-drilling (MWD) services. It also provides the supply and rental of high-performance downhole motors, complemented by specialized software and support services designed to optimize the precision, quality, and drilling efficiency (on-bottom rate of penetration) of directional and horizontal wellbores. Beyond these core offerings, Patterson-UTI also extends equipment maintenance services to drilling contractors. Furthermore, it delivers sophisticated electrical controls and automation solutions to the energy, marine, and mining sectors across North America and other international areas. The company maintains a portfolio of non-operating working interests in oil and natural gas assets, primarily situated in Texas and New Mexico. Established in 1978, Patterson-UTI Energy, Inc. is headquartered in Houston, Texas.

Houston, TX

7,900 employees

www.patenergy.com

Energy / Oil & Gas Drilling

Sector: Energy
Industry: Oil & Gas Drilling
CEO: William Andrew Hendricks Jr.

View full financials

PTEN Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

-0.36x

INTEREST COVERAGE RATIO AVG TTM

-0.93x

INTEREST COVERAGE RATIO AVG 3Y

0.82x

INTEREST COVERAGE RATIO AVG 5Y

2.03x

INTEREST COVERAGE RATIO AVG 10Y

-3.55x

INTEREST COVERAGE RATIO AVG 15Y

0.38x

INTEREST COVERAGE RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

+61.42%

CURRENT VS 3Y AVG

-143.65%

CURRENT VS 5Y AVG

-117.74%

CURRENT VS 10Y AVG

+89.86%

CURRENT VS 15Y AVG

-195.89%

CURRENT VS 20Y AVG

N/A

SECTOR MEDIAN · ENERGY

3.06x

median of 105 covered companies

CURRENT VS SECTOR MEDIAN

-111.76%

vs the sector median at left

NAME	MARKET CAP	INTEREST COVERAGE RATIO	TTM	3Y	5Y
Patterson-UTI Energy, Inc. (PTEN)	$4.30B	-0.36x	-0.93x	0.82x	2.03x
Icahn Enterprises L.P. (IEP)vs ›	$4.46B	-0.01x	1.14x	1.39x	1.48x
Enphase Energy, Inc. (ENPH)vs ›	$4.47B	36.42x	22.55x	35.76x	26.11x
Oceaneering International, Inc. (OII)vs ›	$4.47B	8.24x	7.37x	5.65x	4.72x
Helmerich & Payne, Inc. (HP)vs ›	$3.95B	2.15x	8.84x	13.14x	13.14x
California Resources Corp (CRC)vs ›	$4.68B	8.04x	7.76x	14.26x	12.29x
Golar LNG Limited (GLNG)vs ›	$5.08B	4.12x	6.46x	14.43x	10.42x
Plains GP Holdings LP (PAGP)vs ›	$5.19B	3.06x	3.06x	3.30x	3.03x
Alliance Resource Partners, L.P. (ARLP)vs ›	$3.17B	9.70x	10.88x	14.52x	10.89x
Centrus Energy Corp. (LEU)vs ›	$2.91B	3.59x	10.69x	45.27x	229.01x

NAME

MARKET CAP

INTEREST COVERAGE RATIO

TTM

Patterson-UTI Energy, Inc. (PTEN)

$4.30B

-0.36x

-0.93x

0.82x

2.03x

Icahn Enterprises L.P. (IEP)vs ›

$4.46B

-0.01x

1.14x

1.39x

1.48x

Enphase Energy, Inc. (ENPH)vs ›

$4.47B

36.42x

22.55x

35.76x

26.11x

Oceaneering International, Inc. (OII)vs ›

$4.47B

8.24x

7.37x

5.65x

4.72x

Helmerich & Payne, Inc. (HP)vs ›

$3.95B

2.15x

8.84x

13.14x

California Resources Corp (CRC)vs ›

$4.68B

8.04x

7.76x

14.26x

12.29x

Golar LNG Limited (GLNG)vs ›

$5.08B

4.12x

6.46x

14.43x

10.42x

Plains GP Holdings LP (PAGP)vs ›

$5.19B

3.06x

3.30x

3.03x

Alliance Resource Partners, L.P. (ARLP)vs ›

$3.17B

9.70x

10.88x

14.52x

10.89x

Centrus Energy Corp. (LEU)vs ›

$2.91B

3.59x

10.69x

45.27x

229.01x

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Patterson-UTI Energy, Inc. (PTEN)?

The interest coverage ratio for PTEN stock is -0.36x.

Is Patterson-UTI Energy, Inc.'s interest coverage ratio high or low?

The interest coverage ratio of -0.36x is 118% below its 5-year average of 2.03x, near the high end of its 5-year range (-55.07x–14.50x).

What is the TTM average interest coverage ratio for Patterson-UTI Energy, Inc. (PTEN)?

The TTM average interest coverage ratio for PTEN stock is -0.93x.

What is the 3Y average interest coverage ratio for Patterson-UTI Energy, Inc. (PTEN)?

The 3Y average interest coverage ratio for PTEN stock is 0.82x.

What is the 5Y average interest coverage ratio for Patterson-UTI Energy, Inc. (PTEN)?

The 5Y average interest coverage ratio for PTEN stock is 2.03x.

What is the 10Y average interest coverage ratio for Patterson-UTI Energy, Inc. (PTEN)?

The 10Y average interest coverage ratio for PTEN stock is -3.55x.

What is the 15Y average interest coverage ratio for Patterson-UTI Energy, Inc. (PTEN)?

The 15Y average interest coverage ratio for PTEN stock is 0.38x.

DATE	INTEREST COVERAGE RATIO
2026-06-30	-0.34x
2026-03-31	-0.82x
2025-12-31	-0.23x
2025-09-30	-1.60x
2025-06-30	-1.67x
2025-03-31	0.96x
2024-12-31	-1.77x
2024-09-30	-55.07x
2024-06-30	2.52x
2024-03-31	4.74x
2023-12-31	6.67x
2023-09-30	0.62x
2023-06-30	10.74x
2023-03-31	14.27x
2022-12-31	14.50x
2022-09-30	6.96x
2022-06-30	3.45x
2022-03-31	-1.79x
2021-12-31	-34.10x
2021-09-30	-8.43x
2021-06-30	-10.22x
2021-03-31	-11.74x
2020-12-31	-17.07x
2020-09-30	-10.15x
2020-06-30	-14.48x
2020-03-31	-44.05x
2019-12-31	-2.94x
2019-09-30	-14.82x
2019-06-30	-3.62x
2019-03-31	-1.80x
2018-12-31	-16.33x
2018-09-30	-6.49x
2018-06-30	-0.71x
2018-03-31	-1.62x
2017-12-31	-4.26x
2017-09-30	-3.97x
2017-06-30	-15.45x
2017-03-31	-11.20x
2016-12-31	-13.10x
2016-09-30	-12.05x
2016-06-30	-11.64x
2016-03-31	-8.82x
2015-12-31	-8.14x
2015-09-30	-35.61x
2015-06-30	-2.68x
2015-03-31	2.82x
2014-12-31	12.73x
2014-09-30	4.33x
2014-06-30	12.03x
2014-03-31	8.18x
2013-12-31	4.49x
2013-09-30	16.60x
2013-06-30	10.17x
2013-03-31	14.03x
2012-12-31	16.96x
2012-09-30	12.29x
2012-06-30	29.87x
2012-03-31	34.41x
2011-12-31	32.60x
2011-09-30	34.50x
2011-06-30	37.52x
2011-03-31	30.23x
2010-12-31	25.21x
2010-09-30	8.43x
2010-06-30	33.09x
2010-03-31	5.59x
2009-12-31	-13.79x
2009-09-30	-18.84x
2009-06-30	-32.35x
2009-03-31	57.51x

DATE

INTEREST COVERAGE RATIO

2026-06-30

-0.34x

2026-03-31

-0.82x

2025-12-31

-0.23x

2025-09-30

-1.60x

2025-06-30

-1.67x

2025-03-31

0.96x

2024-12-31

-1.77x

2024-09-30

-55.07x

2024-06-30

2.52x

2024-03-31

4.74x

2023-12-31

6.67x

2023-09-30

0.62x

2023-06-30

10.74x

2023-03-31

14.27x

2022-12-31

14.50x

2022-09-30

6.96x

2022-06-30

3.45x

2022-03-31

-1.79x

2021-12-31

-34.10x

2021-09-30

-8.43x

2021-06-30

-10.22x

2021-03-31

-11.74x

2020-12-31

-17.07x

2020-09-30

-10.15x

2020-06-30

-14.48x

2020-03-31

-44.05x

2019-12-31

-2.94x

2019-09-30

-14.82x

2019-06-30

-3.62x

2019-03-31

-1.80x

2018-12-31

-16.33x

2018-09-30

-6.49x

2018-06-30

-0.71x

2018-03-31

-1.62x

2017-12-31

-4.26x

2017-09-30

-3.97x

2017-06-30

-15.45x

2017-03-31

-11.20x

2016-12-31

-13.10x

2016-09-30

-12.05x

2016-06-30

-11.64x

2016-03-31

-8.82x

2015-12-31

-8.14x

2015-09-30

-35.61x

2015-06-30

-2.68x

2015-03-31

2.82x

2014-12-31

12.73x

2014-09-30

4.33x

2014-06-30

12.03x

2014-03-31

8.18x

2013-12-31

4.49x

2013-09-30

16.60x

2013-06-30

10.17x

2013-03-31

14.03x

2012-12-31

16.96x

2012-09-30

12.29x

2012-06-30

29.87x

2012-03-31

34.41x

2011-12-31

32.60x

2011-09-30

34.50x

2011-06-30

37.52x

2011-03-31

30.23x

2010-12-31

25.21x

2010-09-30

8.43x

2010-06-30

33.09x

2010-03-31

5.59x

2009-12-31

-13.79x

2009-09-30

-18.84x

2009-06-30

-32.35x

2009-03-31

57.51x

Interest Coverage Ratio: -0.36x

PTEN Interest Coverage Ratio

PTEN Average Interest Coverage Ratio Chart

PTEN Current vs Average Interest Coverage Ratio Chart

PTEN Interest Coverage Ratio Metrics

PTEN Competitors' Interest Coverage Ratio

Financial Health Indicators

Interest Coverage Ratio Formula & Definition

Interest Coverage Ratio FAQ

PTEN Interest Coverage Ratio History

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