PATTERSON UTI ENERGY INC Annual Operating Margin in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Patterson Uti Energy Inc quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • Patterson Uti Energy Inc Operating Margin for the quarter ending December 31, 2023 was 8.49 %, a 6.52% increase year-over-year.
  • Patterson Uti Energy Inc annual Operating Margin for 2023 was 8.49 %, a 6.52% increase from 2022.
  • Patterson Uti Energy Inc annual Operating Margin for 2022 was 7.97 %.
  • Patterson Uti Energy Inc annual Operating Margin for 2021 was -49.9 %, a 37.1% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 8.49 +0.52 +6.52% Jan 1, 2023 Dec 31, 2023
2022 7.97 +57.9 Jan 1, 2022 Dec 31, 2022
2021 -49.9 +29.4 +37.1% Jan 1, 2021 Dec 31, 2021
2020 -79.4 -60.7 -325% Jan 1, 2020 Dec 31, 2020
2019 -18.7 -9 -92.9% Jan 1, 2019 Dec 31, 2019
2018 -9.68 +2.73 +22% Jan 1, 2018 Dec 31, 2018
2017 -12.4 +37.4 +75.1% Jan 1, 2017 Dec 31, 2017
2016 -49.8 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.