Patterson-UTI Energy vs Transocean
Patterson-UTI Energy reported revenue of $4.8 billion in fiscal 2025, 1.2 times Transocean's $4.0 billion in fiscal 2025. Patterson-UTI Energy's revenue fell 10.2% in its latest year, and Transocean's grew 12.5%. Patterson-UTI Energy had an operating margin of -0.8%, against -58.9% at Transocean. Free cash flow was $372 million at Patterson-UTI Energy and $626 million at Transocean.
Side by side
| Patterson-UTI Energy | Transocean | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $4.8B | $4.0B |
| Revenue growth | −10.2% | 12.5% |
| Revenue growth a year, last 5 years | 33.8% | 4.7% |
| Gross margin | — | 39.3% |
| Operating margin | −0.8% | −58.9% |
| Net margin | −1.9% | −73.5% |
| Free cash flow | $372M | $626M |
| Free cash flow margin | 7.7% | 15.8% |
| Return on capital | −0.8% | −12.4% |
| Net debt to EBITDA | — | — |
| Dividends and buybacks | $192M | $0M |
| Change in diluted share count | −3.5% | 3.8% |
| Last close | $12.25 | $6.53 |
| P/E at the last close | — | — |
| Insider trades, last 12 months | sold $33.9 million | bought $6.2 million, sold $5.0 million |
| Piotroski F-score | 6 of 8 | 6 of 9 |
Amounts in each company's own currency, US$ 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
Patterson-UTI EnergyTransocean
Operating margin
Percent of revenue
Patterson-UTI EnergyTransocean
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Patterson-UTI EnergyTransocean
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 Patterson-UTI Energy and Transocean pages.