Last quarter (Q4 2023), Patterson-UTI's total revenue was $1.58B, an increase of 100.93% from the same quarter last year. In Q4, Patterson-UTI's net income was $61.95M. See Patterson-UTI’s key income statements, including revenue, expenses, profit, and income.

Income Statement	TTM	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Total Revenue	$ 4.15B	$ 4.15B	$ 2.65B	$ 1.36B	$ 1.12B	$ 2.47B
Cost of Revenue	$ -475.06M	$ -731.42M	$ -483.94M	$ -40.91M	$ 1.47B	$ 2.78B
Gross Profit	$ 4.62B	$ 4.88B	$ 3.13B	$ 507.90M	$ -348.58M	$ -306.88M
Operating Expense	$ 251.77M	$ 251.77M	$ 106.07M	$ 91.64M	$ 104.67M	$ 150.79M
Operating Income	$ 1.61B	$ 351.95M	$ 211.03M	$ 416.26M	$ -453.25M	$ -457.68M
Net Non Operating Interest Income Expense	$ -46.75M	$ -46.75M	$ -39.90M	$ -41.76M	$ -39.52M	$ -69.19M
Other Income Expense	$ -1.90M	$ -1.90M	$ 3.27M	$ 12.34M	$ -438.25M	$ -3.51M
Pretax Income	$ 307.10M	$ 307.10M	$ 167.86M	$ -719.78M	$ -931.02M	$ -530.38M
Tax Provision	$ -3.08M	$ -3.08M	$ 13.20M	$ -62.70M	$ -127.33M	$ -104.67M
Earnings From Equity Interest Net Of Tax	-	-	-	-	-	-
Net Income Common Stockholders	$ 758.95M	$ 246.29M	$ 2.97B	$ 427.40M	$ -803.69M	$ -425.70M
Basic EPS	$ 0.79	$ 1.76	$ 1.44	$ -3.36	$ -4.27	$ -2.10
Diluted EPS	$ 0.77	$ 1.76	$ 1.40	$ -3.36	$ -4.27	$ -2.10
Basic Average Shares	$ 1.12M	$ 279.50K	$ 215.94K	$ 195.02K	$ 188.01M	$ 203.04M
Diluted Average Shares	$ 1.12M	$ 280.06K	$ 219.50K	$ 195.02K	$ 188.01M	$ 203.04M
Dividend Per Share	$ 0.32	$ 0.32	$ 0.20	-	$ 0.10	$ 0.16
Total Operating Income As Reported	-	-	-	-	-	-
Reported Normalized Basic E P S	-	-	-	-	-	-
Reported Normalized Diluted E P S	-	-	-	-	-	-
Rent Expense Supplemental	-	-	-	-	-	-
Total Expenses	$ 184.87M	$ -479.65M	$ -377.88M	$ 50.73M	$ 1.58B	$ 2.93B
Net Income From Continuing And Discontinued Operation	$ 246.29M	$ 246.29M	$ 154.66M	$ 427.40M	$ -803.69M	$ -425.70M
Normalized Income	$ 147.31M	-	$ 140.42M	-	$ -424.83M	$ -422.57M
Interest Expense	-	-	-	-	$ 40.77M	$ 75.20M
EBIT	$ 248.02M	$ 359.97M	$ 208.12M	$ -677.80M	$ -890.25M	$ -455.17M
EBITDA	$ 700.65M	$ 1.09B	$ 692.90M	$ 172.21M	$ -219.34M	$ 548.70M

Currency in USD

Patterson-UTI Earnings and Revenue History

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