Noble vs Patterson-UTI Energy
Patterson-UTI Energy reported revenue of $4.8 billion in fiscal 2025, 1.5 times Noble's $3.3 billion in fiscal 2025. Noble's revenue grew 7.5% in its latest year, and Patterson-UTI Energy's fell 10.2%. Noble had an operating margin of 12.7%, against -0.8% at Patterson-UTI Energy. Free cash flow was $432 million at Noble and $372 million at Patterson-UTI Energy.
Side by side
| Noble | Patterson-UTI Energy | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $3.3B | $4.8B |
| Revenue growth | 7.5% | −10.2% |
| Revenue growth a year, last 5 years | — | 33.8% |
| Gross margin | — | — |
| Operating margin | 12.7% | −0.8% |
| Net margin | 6.6% | −1.9% |
| Free cash flow | $432M | $372M |
| Free cash flow margin | 13.2% | 7.7% |
| Return on capital | 5.2% | −0.8% |
| Net debt to EBITDA | — | — |
| Dividends and buybacks | $340M | $192M |
| Change in diluted share count | 5.7% | −3.5% |
| Last close | $47.81 | $12.25 |
| P/E at the last close | 50.9× | — |
| Insider trades, last 12 months | sold $22.9 million | sold $33.9 million |
| Piotroski F-score | 5 of 8 | 6 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
NoblePatterson-UTI Energy
Operating margin
Percent of revenue
NoblePatterson-UTI Energy
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
NoblePatterson-UTI Energy
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Noble and Patterson-UTI Energy pages.