Patterson-UTI Energy Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	4,146	2,648	1,357	1,124	2,471	Upgrade
Revenue Growth (YoY)	56.61%	95.09%	20.71%	-54.50%	-25.74%	Upgrade
Cost of Revenue	2,769	1,807	1,054	760.13	1,689	Upgrade
Gross Profit	1,378	840.3	303.15	364.12	781.9	Upgrade
Selling, General & Admin	169.96	116.59	92.38	97.61	133.51	Upgrade
Other Operating Expenses	855.85	512.68	888.51	1,159	1,110	Upgrade
Operating Expenses	1,026	629.27	980.9	1,256	1,243	Upgrade
Operating Income	351.95	211.03	-677.75	-892.26	-461.58	Upgrade
Interest Expense / Income	52.87	40.26	41.98	40.77	75.2	Upgrade
Other Expense / Income	-8.36	2.91	-2.48	-2.01	-6.4	Upgrade
Pretax Income	307.44	167.86	-717.25	-931.02	-530.38	Upgrade
Income Tax	61.15	13.2	-62.7	-127.33	-104.68	Upgrade
Net Income	246.29	154.66	-654.55	-803.69	-425.7	Upgrade
Net Income Growth	59.25%	-	-	-	-	Upgrade
Shares Outstanding (Basic)	280	216	195	188	203	Upgrade
Shares Outstanding (Diluted)	280	219	195	188	203	Upgrade
Shares Change	27.59%	12.55%	3.73%	-7.40%	-7.14%	Upgrade
EPS (Basic)	0.88	0.72	-3.36	-4.27	-2.10	Upgrade
EPS (Diluted)	0.88	0.70	-3.36	-4.27	-2.10	Upgrade
EPS Growth	25.71%	-	-	-	-	Upgrade
Free Cash Flow	416.72	155.47	-47.49	154.31	394.45	Upgrade
Free Cash Flow Per Share	1.49	0.72	-0.24	0.82	1.94	Upgrade
Dividend Per Share	0.320	0.200	0.080	0.100	0.160	Upgrade
Dividend Growth	60.00%	150.00%	-20.00%	-37.50%	14.29%	Upgrade
Gross Margin	33.23%	31.74%	22.34%	32.39%	31.65%	Upgrade
Operating Margin	8.49%	7.97%	-49.94%	-79.36%	-18.68%	Upgrade
Profit Margin	5.94%	5.84%	-48.23%	-71.49%	-17.23%	Upgrade
Free Cash Flow Margin	10.05%	5.87%	-3.50%	13.73%	15.97%	Upgrade
Effective Tax Rate	19.89%	7.87%	-	-	-	Upgrade
EBITDA	1,092	692.06	173.91	-219.34	548.7	Upgrade
EBITDA Margin	26.33%	26.14%	12.81%	-19.51%	22.21%	Upgrade
Depreciation & Amortization	731.42	483.95	849.18	670.91	1,004	Upgrade
EBIT	360.31	208.12	-675.27	-890.25	-455.17	Upgrade
EBIT Margin	8.69%	7.86%	-49.76%	-79.19%	-18.42%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).