Helmerich & Payne vs Patterson UTI Energy
Patterson UTI Energy is the larger business, with $4.83bn of revenue in fiscal 2025 against $3.75bn for Helmerich & Payne (1.3 times as much). Helmerich & Payne grew faster (35.9% against -10.3%). Patterson UTI Energy kept more of each dollar of sales as profit: a net margin of -1.9% against -4.4%. Patterson UTI Energy carries less debt relative to equity (38.1% against 73.6%).
| Latest fiscal year | Helmerich & PayneHP, 2025 | Patterson UTI EnergyPTEN, 2025 |
|---|---|---|
| Revenue | $3.75bn | $4.83bn |
| Revenue growth | 35.9% | -10.3% |
| Net income | −$164m | −$93.6m |
| Operating margin | 0.1% | -0.8% |
| Net margin | -4.4% | -1.9% |
| Return on equity | -5.7% | -2.8% |
| Free cash flow | $117m | $372m |
| Cash | $197m | $419m |
| Total debt | $2.08bn | $1.23bn |
| Debt to equity | 73.6% | 38.1% |
| Dividend per share | — | $0.32 |
| Dividend yield | 2.6% | 3.2% |
| Share buybacks | $0 | $69.6m |
| Employees | — | 7,900 |
| Market value | $3.88bn | $4.48bn |
| Price vs our value range | Below our value range | Below our value range |
| Moat score | 53 (Moderate) | 36 (Weak) |
| Insider trades, 12 months | 0 buys, 14 sales | 0 buys, 18 sales |