EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Patterson-UTI Energy's Enterprise Value is $5,837 Mil.
Patterson-UTI Energy's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $360 Mil. Therefore, Patterson-UTI Energy's EV-to-EBIT for today is 16.22.
The historical rank and industry rank for Patterson-UTI Energy's EV-to-EBIT or its related term are showing as below:
PTEN'
s EV-to-EBIT Range Over the Past 10 Years
Min: -56.74 Med: -4.81 Max: 24.55
Current: 16.22
During the past 13 years, the highest EV-to-EBIT of Patterson-UTI Energy was 24.55. The lowest was -56.74. And the median was -4.81.
PTEN's EV-to-EBIT is ranked worse than 78.23% of 735
companies
in the Oil & Gas industry
Industry Median: 8.43
vs PTEN: 16.22
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Patterson-UTI Energy's Enterprise Value for the quarter that ended in Dec. 2023 was $5,605 Mil.
Patterson-UTI Energy's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $360 Mil. Patterson-UTI Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.42%.
Patterson-UTI Energy EV-to-EBIT Historical Data
The historical data trend for Patterson-UTI Energy's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Oil & Gas Drilling subindustry, Patterson-UTI Energy's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Patterson-UTI Energy EV-to-EBIT Distribution
For the Oil & Gas industry and Energy sector, Patterson-UTI Energy's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Patterson-UTI Energy's EV-to-EBIT falls into.
Patterson-UTI Energy EV-to-EBIT Calculation
Patterson-UTI Energy's EV-to-EBIT for today is calculated as:
Patterson-UTI Energy's current Enterprise Value is $5,837 Mil.
Patterson-UTI Energy's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $360 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Patterson-UTI Energy (NAS:PTEN) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Patterson-UTI Energy's Enterprise Value for the quarter that ended in Dec. 2023 was $5,605 Mil.
Patterson-UTI Energy's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $360 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Patterson-UTI Energy EV-to-EBIT Related Terms
Thank you for viewing the detailed overview of Patterson-UTI Energy's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Patterson-UTI Energy (Patterson-UTI Energy) Business Description
Patterson-UTI Energy is one of the largest land rig drilling contractors in the United States and maintains moderately sized pressure-pumping operations primarily in Texas and the Appalachian region, plus some modest operations in Colombia. It also provides directional drilling services and tool rental services in most U.S. onshore oil and gas basins.
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