Patterson-UTI Energy, Inc.PTENNASDAQ
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Debt to Equity Over Time
Trending higher.
Left:
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Debt-to-equity ratio
Latest
0.37
Near historical average
Average (9y)
0.37
Historical baseline
Range
High:0.55
Low:0.22
CAGR
+1.3%
Modest growth trend
| Period | Value | Change |
|---|---|---|
| 2024 | 0.37 | +34.1% |
| 2023 | 0.28 | -45.6% |
| 2022 | 0.51 | -5.8% |
| 2021 | 0.55 | +18.5% |
| 2020 | 0.46 | +30.0% |
| 2019 | 0.35 | +10.9% |
| 2018 | 0.32 | +46.7% |
| 2017 | 0.22 | -18.2% |
| 2016 | 0.27 | -20.3% |
| 2015 | 0.33 | - |