Patterson Uti Energy Inc. (PTEN) intrinsic value & 10-year financials
Patterson Uti Energy Inc. (PTEN) has a Graham intrinsic value of $0.02 per share. At $11.50 on Oct 17, 2026, the stock trades 57400% above that value. Over the last 10 fiscal years revenue grew 20.2% a year to $4.8B, with an average return on invested capital of -8.1%.
- Graham intrinsic value
- $0.02
- Share price (Oct 17, 2026)
- $11.50
- Price vs Graham value
- 57400% above
- Market cap
- $4.4B
- Revenue (FY2025)
- $4.8B
- Revenue growth (10-yr CAGR)
- 20.2%
- ROIC (10-yr avg)
- -8.1%
- Free cash flow (FY2025)
- $372.2M
PTEN 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $4.8B | -$93.6M | -$0.24 | $372.2M | -0.9% | -0.9% |
| FY2024 | $5.3B | -$968.0M | -$2.44 | $497.1M | -16.7% | -17.1% |
| FY2023 | $4.1B | $246.3M | $0.00 | $390.2M | 8.5% | 6.8% |
| FY2022 | $2.6B | $154.7M | $0.00 | $129.4M | 8.0% | 8.2% |
| FY2021 | $1.4B | -$654.5M | -$0.00 | -$70.8M | -49.9% | -24.4% |
| FY2020 | $1.1B | -$803.7M | -$0.00 | $133.4M | -79.4% | -24.2% |
| FY2019 | $2.5B | -$425.7M | -$0.00 | $348.7M | -18.7% | -9.2% |
| FY2018 | $3.3B | -$321.4M | -$0.00 | $89.2M | -9.7% | -6.3% |
| FY2017 | $2.4B | $5.9M | $0.00 | -$266.4M | -12.4% | -4.0% |
| FY2016 | $915.9M | -$318.6M | -$0.00 | $185.2M | -49.8% | -10.4% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
PATTERSON UTI ENERGY INC is a consistent compounder, expanding top-line revenue at 20.2% annually over the past decade.
PATTERSON UTI ENERGY INC has historically struggled to out-earn its cost of capital, averaging just -8.1% ROIC.
Over the decade, PATTERSON UTI ENERGY INC shows that management has aggressively returned capital to shareholders by retiring 99.8% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, PATTERSON UTI ENERGY INC is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $0.02 per share.