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Patterson-UTI Energy Inc
NASDAQ:PTEN

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Patterson-UTI Energy Inc Logo
Patterson-UTI Energy Inc
NASDAQ:PTEN
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Price: 11.34 USD 2.53% Market Closed
Updated: May 17, 2024

Gross Margin
Patterson-UTI Energy Inc

32.2%
Current
28%
Average
36.7%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
32.2%
=
Gross Profit
1.3B
/
Revenue
4.1B

Gross Margin Across Competitors

Country US
Market Cap 4.7B USD
Gross Margin
32%
Country CN
Market Cap 53.9B CNY
Gross Margin
16%
Country US
Market Cap 46B DKK
Gross Margin
40%
Country US
Market Cap 6.7B USD
Gross Margin
40%
Country BM
Market Cap 5.6B USD
Gross Margin
0%
Country SA
Market Cap 19.8B SAR
Gross Margin
40%
Country CH
Market Cap 4.9B USD
Gross Margin
29%
Country BM
Market Cap 41.6B NOK
Gross Margin
38%
Country US
Market Cap 3.8B USD
Gross Margin
40%
Country SA
Market Cap 12.3B SAR
Gross Margin
28%
Country US
Market Cap 1.5B USD
Gross Margin
24%

Profitability Report

View the profitability report to see the full profitability analysis for Patterson-UTI Energy Inc.

See Also

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What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
32.2%
=
Gross Profit
1.3B
/
Revenue
4.1B
What is the Gross Margin of Patterson-UTI Energy Inc?

Based on Patterson-UTI Energy Inc's most recent financial statements, the company has Gross Margin of 32.2%.