Patterson-UTI Energy (Patterson-UTI Energy) Gross-Profit-to-Asset % : 10.05% (As of Dec. 2023)

Patterson-UTI Energy Gross-Profit-to-Asset % Chart

Patterson-UTI Energy Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Gross-Profit-to-Asset %		Get a 7-Day Free Trial					-6.19	-9.01	-18.35	10.39	11.43

Patterson-UTI Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross-Profit-to-Asset %	Get a 7-Day Free Trial															19.32	19.37	18.55	9.29	10.05

Competitive Comparison of Patterson-UTI Energy's Gross-Profit-to-Asset %

For the Oil & Gas Drilling subindustry, Patterson-UTI Energy's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Patterson-UTI Energy's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Patterson-UTI Energy's Gross-Profit-to-Asset % falls into.

Patterson-UTI Energy Gross-Profit-to-Asset % Calculation

Patterson-UTI Energy's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Patterson-UTI Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.

Patterson-UTI Energy Gross-Profit-to-Asset % Related Terms

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Patterson-UTI Energy (Patterson-UTI Energy) Business Description