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3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Patterson-UTI Energy's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -13.23%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Patterson-UTI Energy's 3-Year ROIIC % or its related term are showing as below:
STU:PE1's 3-Year ROIIC % is ranked worse than 66.2% of 923
companies
in the Oil & Gas industry
Industry Median: -0.33
vs STU:PE1: -13.23
Patterson-UTI Energy (STU:PE1) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Patterson-UTI Energy 3-Year ROIIC % Related Terms
Patterson-UTI Energy 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Patterson-UTI Energy's 3-Year ROIIC % 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.
STU:PE1 vs HP, SDRL, VAL: 3-Year ROIIC % Comparison
For the Oil & Gas Drilling subindustry, Patterson-UTI Energy's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Patterson-UTI Energy's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Patterson-UTI Energy's 3-Year ROIIC % falls into.
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Patterson-UTI Energy (STU:PE1) has a 3-Year ROIIC % of -13.23 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Patterson-UTI Energy and its competitors. According to the industry distribution chart, Patterson-UTI Energy ranks #611 out of 923 companies in the Oil & Gas industry, placing it in the top 66.2%.
Is Patterson-UTI Energy's 3-Year ROIIC % too high?
Patterson-UTI Energy's current 3-Year ROIIC % is -13.23. Based on the distribution chart, Patterson-UTI Energy ranks #611 out of 923 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Patterson-UTI Energy has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Patterson-UTI Energy's 3-Year ROIIC % compare to HP and SDRL?
According to the Oil & Gas industry distribution chart, Patterson-UTI Energy ranks #611 out of 923 companies for 3-Year ROIIC %. This places Patterson-UTI Energy in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for an Oil & Gas company?
A good 3-Year ROIIC % depends on the Oil & Gas industry context. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Patterson-UTI Energy and its competitors. Patterson-UTI Energy's current 3-Year ROIIC % is -13.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patterson-UTI Energy stock overvalued right now?
Based on GuruFocus' analysis, Patterson-UTI Energy (STU:PE1) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.07, compared to a current price of €9.10 — trading 28.7% above its estimated fair value. The current 3-Year ROIIC % is -13.23. Patterson-UTI Energy's overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Patterson-UTI Energy (STU:PE1), the current 3-Year ROIIC % is -13.23 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Patterson-UTI Energy (STU:PE1) Overvalued in 2026?
Based on GuruFocus' analysis, Patterson-UTI Energy stock appears to be overvalued.
The current stock price of €9.10 is trading 28.7% above its estimated GF Value™ of €7.07.
GuruFocus considers Patterson-UTI Energy to be Modestly Overvalued.
Key valuation signals for STU:PE1:
3-Year ROIIC %: -13.23
GF Value™: €7.07 vs. price of €9.10 (28.7% above fair value)
No single metric tells the full story. See the STU:PE1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Patterson-UTI Energy Inc is a Texas based provider of drilling and completion services to oil and natural gas exploration and production companies, offering contract drilling, integrated well completion, directional drilling services, and specialized drill bit solutions. The Company operates through three segments: Drilling Services, Completion Services, and Drilling Products. Drilling Services includes contract and directional drilling, Completion Services generates maximum revenue and includes hydraulic fracturing and related support services, and Drilling Products includes the manufacturing and distribution of drill bits. The Company operates in the United States, Canada, Colombia, and Other Countries, with the majority of revenue coming from the United States.
64GF Score
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