Patterson-UTI Energy
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Patterson-UTI Energy's past years’ income statements indicate that its last revenue has increased compared to the previous period by 57% to $4,146,456,000. The net income raised on $246,292,000 and profit margin reached 6%. Total operating expenses were $170,804,000.
Profit Margin
| 2014 | 3.18B | 162.66M | 5.11% |
|---|---|---|---|
| 2015 | 1.89B | -294.48M | -15.57% |
| 2016 | 915.86M | -318.63M | -34.79% |
| 2017 | 2.35B | 5.91M | 0.25% |
| 2018 | 3.32B | -321.42M | -9.66% |
| 2019 | 2.47B | -425.70M | -17.23% |
| 2020 | 1.12B | -803.69M | -71.49% |
| 2021 | 1.35B | -657.07M | -48.42% |
| 2022 | 2.64B | 154.65M | 5.84% |
| 2023 | 4.14B | 246.29M | 5.94% |
PTEN Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 4.14B | 2.64B | 1.35B | 1.12B | 2.47B | 3.32B | 2.35B | 915.86M | 1.89B | 3.18B |
Cost of revenue | 3.54B | 2.33B | 1.93B | 1.47B | 2.77B | 3.31B | 2.50B | 1.31B | 2.09B | 2.83B |
Gross profit | 603.72M | 317.09M | -574.04M | -348.58M | -306.88M | 8.19M | -144.19M | -401.34M | -205.85M | 347.49M |
Operating exp. | ||||||||||
Research and development | 0 | 992K | 1.37M | 3.41M | 3.84M | 3.44M | 0 | 0 | 0 | 0 |
Selling and marketing | 842K | 0 | 0 | 0 | 0 | 12.68M | 0 | 0 | 0 | 0 |
Total operating expenses | 170.80M | 103.99M | 93.14M | 104.67M | 136.89M | 116.50M | 73.89M | 54.88M | 87.17M | 80.14M |
Operating income | 351.95M | -273.75M | -677.75M | -892.25M | -461.57M | -322.17M | -292.53M | -456.22M | -406.97M | 283.12M |
Other income (expenses), net | -44.85M | 441.62M | -42.03M | -38.76M | -68.80M | -213.11M | -35.26M | 69K | -35.47M | -28.84M |
Income before tax | 307.10M | 167.86M | -719.78M | -931.01M | -530.37M | -367.40M | -327.80M | -496.19M | -442.44M | 254.28M |
Income tax expense | 61.15M | 13.20M | -62.70M | -127.32M | -104.67M | -45.98M | -333.71M | -177.56M | -147.96M | 91.61M |
Net income | 246.29M | 154.65M | -657.07M | -803.69M | -425.70M | -321.42M | 5.91M | -318.63M | -294.48M | 162.66M |
Earnings per share | ||||||||||
Basic EPS | 0.88 | 0.72 | -3.37 | -4.27 | -2.1 | -1.47 | 0.03 | -2.18 | -2.03 | 1.12 |
Diluted EPS | 0.88 | 0.7 | -3.37 | -4.27 | -2.1 | -1.47 | 0.03 | -2.18 | -2.03 | 1.11 |
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