PTEN Patterson Uti Energy margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 40

Gross margin

24.3%

Operating margin

0.9%

EBITDA margin

19.2%

Net margin

-0.5%

Patterson Uti Energy reports a gross margin of 24.3%, an operating margin of 0.9%, an EBITDA margin of 19.2%, and a net margin of -0.5%, but its net margin is negative at -0.5%. Operating margin expanded the most, by 2.4 percentage points, while gross margin contracted the most, by 0.9 percentage points.

PTEN margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Patterson Uti Energy's margins averaged 27.2% gross, -4.42% operating, 15.49% EBITDA, and -5.95% net. Currently, operating, EBITDA, and net margins are above their three-year averages, while gross margin is below its three-year average.

PTEN margin expansion

Year-over-year margin changes in percentage points

Compared with the same period last year, operating margin expanded by 2.4 percentage points, EBITDA margin by 0.5 percentage points, and net margin by 2.3 percentage points, while gross margin contracted by 0.9 percentage points.

Gross margin expansion

-0.9pp

Operating margin expansion

2.4pp

EBITDA margin expansion

0.5pp

Net margin expansion

2.3pp

PTEN Gross margin

Patterson Uti Energy recorded an average gross margin of 27.2% across the last 3 years. Compared with its three-year average, Patterson Uti Energy's current gross margin is 24.3% and is 2.9 percentage points below its three-year average. Patterson Uti Energy's gross margin ranged from a low of 24% in Jun 2026 to a high of 33.2% in Dec 2023.

PTEN Operating margin

Over the last 3 years, Patterson Uti Energy's operating margin averaged -4.42%. Currently, Patterson Uti Energy's current operating margin is 0.9%, which is 5.3 percentage points above its three-year average. During this period, operating margin reached a high of 8.5% in Dec 2023 and a low of -20.6% in Jun 2025.

PTEN EBITDA margin

Patterson Uti Energy's EBITDA margin averaged 15.49% over the last 3 years. Against its three-year average, Patterson Uti Energy's EBITDA margin is currently 19.2%, 3.7 percentage points above its three-year average. Over the last 3 years, Patterson Uti Energy's EBITDA margin peaked at 26.3% in Dec 2023 and reached a low of 1.8% in Jun 2025.

PTEN Net margin

Patterson Uti Energy recorded an average net margin of -5.95% across the last 3 years. The latest net margin for Patterson Uti Energy is -0.5%, 5.5 percentage points above its three-year average. Patterson Uti Energy's net margin ranged from a low of -21.5% in Jun 2025 to a high of 5.9% in Dec 2023.

PTEN margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 24.3%, PTEN is below the Energy sector and the industry average. Compared to its Energy sector average of 42.7%, Patterson Uti Energy's gross margin is 43% lower.

PTEN margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Patterson Uti Energy's gross margin?

The current gross margin for PTEN is 24.3% as of Sep 30, 2026.

What is Patterson Uti Energy's operating margin?

As of Sep 30, 2026, PTEN has an operating margin of 0.9%.

What is Patterson Uti Energy's EBITDA margin?

As of Sep 30, 2026, PTEN has an EBITDA margin of 19.2%.

What is Patterson Uti Energy's net margin?

As of Sep 30, 2026, PTEN has a negative net margin of -0.5%.

What are the average margins of PTEN?

The three-year average margins for PTEN were 27.2% gross, -4.4% operating, 15.5% EBITDA, and -6.0% net.

What are the highest historical margins of PTEN?

Across the 5-year period, PTEN posted its highest margins at 35.6% gross in Jun 2023, 13.8% operating in Jun 2023, 30.3% EBITDA in Jun 2023, and 11.3% net in Jun 2023.

What are the lowest historical margins of PTEN?

Patterson Uti Energy's lowest recorded margins during the past 5 years were 22.3% gross in Dec 2021, -49.9% operating in Dec 2021, 1.8% EBITDA in Jun 2025, and -48.2% net in Dec 2021.