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Patterson Uti Energy vs Transocean: revenue, profit, margins and growth compared

Patterson Uti Energy brought in $4.8B of revenue in fiscal 2025, Transocean $4B in fiscal 2025. Revenue changed by -10.3% at Patterson Uti Energy and +12.5% at Transocean on the year before, so Transocean grew faster. Patterson Uti Energy kept -1.9% of its revenue as net profit, Transocean -73.5%. Free cash flow was $372.2M at Patterson Uti Energy and $626M at Transocean.

Side by side, latest fiscal year

PTENRIG
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$4.8B$4B
Revenue growth-10.3%+12.5%
Net income-$93.6M-$2.9B
Net margin-1.9%-73.5%
Free cash flow$372.2M$626M
Free cash flow margin7.7%15.8%
Earnings per share (diluted)-$0.24-$3.04
Cash$418.5M$620M
Debt$1.2B$5.7B
Price to earningsn/an/a
Market value$4.2B$6B
Dividend yield2.93%n/a
Rank by revenue in sector#32 of 129 · Energy#36 of 129 · Energy

Over the years

Revenue
PTEN FY2018: $3.3BPTEN FY2019: $2.5BPTEN FY2020: $1.1BPTEN FY2021: $1.4BPTEN FY2022: $2.6BPTEN FY2023: $4.1BPTEN FY2024: $5.4BPTEN FY2025: $4.8BRIG FY2018: $3BRIG FY2019: $3.1BRIG FY2020: $3.2BRIG FY2021: $2.6BRIG FY2022: $2.6BRIG FY2023: $2.8BRIG FY2024: $3.5BRIG FY2025: $4BFY18FY19FY20FY21FY22FY23FY24FY25
PTEN $4.8BRIG $4B
Net income
PTEN FY2018: -$321.4MPTEN FY2019: -$425.7MPTEN FY2020: -$803.7MPTEN FY2021: -$654.5MPTEN FY2022: $154.7MPTEN FY2023: $246.3MPTEN FY2024: -$968MPTEN FY2025: -$93.6MRIG FY2018: -$2BRIG FY2019: -$1.3BRIG FY2020: -$567MRIG FY2021: -$592MRIG FY2022: -$621MRIG FY2023: -$954MRIG FY2024: -$512MRIG FY2025: -$2.9BFY18FY19FY20FY21FY22FY23FY24FY25
PTEN -$93.6MRIG -$2.9B
Net margin
PTEN FY2018: -9.7%PTEN FY2019: -17.2%PTEN FY2020: -71.5%PTEN FY2021: -48.2%PTEN FY2022: 5.8%PTEN FY2023: 5.9%PTEN FY2024: -18.0%PTEN FY2025: -1.9%RIG FY2018: -66.1%RIG FY2019: -40.6%RIG FY2020: -18.0%RIG FY2021: -23.2%RIG FY2022: -24.1%RIG FY2023: -33.7%RIG FY2024: -14.5%RIG FY2025: -73.5%FY18FY19FY20FY21FY22FY23FY24FY25
PTEN -1.9%RIG -73.5%
Revenue growth
PTEN FY2019: -25.7%PTEN FY2020: -54.5%PTEN FY2021: +20.7%PTEN FY2022: +95.1%PTEN FY2023: +56.6%PTEN FY2024: +29.7%PTEN FY2025: -10.3%RIG FY2019: +2.3%RIG FY2020: +2.1%RIG FY2021: -18.9%RIG FY2022: +0.7%RIG FY2023: +10.0%RIG FY2024: +24.4%RIG FY2025: +12.5%FY19FY20FY21FY22FY23FY24FY25
PTEN -10.3%RIG +12.5%
Free cash flow
PTEN FY2018: $89.2MPTEN FY2019: $348.7MPTEN FY2020: $133.4MPTEN FY2021: -$70.8MPTEN FY2022: $129.4MPTEN FY2023: $390.2MPTEN FY2024: $497.2MPTEN FY2025: $372.2MRIG FY2018: $374MRIG FY2019: -$47MRIG FY2020: $133MRIG FY2021: $367MRIG FY2022: -$269MRIG FY2023: -$263MRIG FY2024: $193MRIG FY2025: $626MFY18FY19FY20FY21FY22FY23FY24FY25
PTEN $372.2MRIG $626M

Fiscal years as each company reports them; the two may end in different months.

Questions about Patterson Uti Energy and Transocean

Which is bigger by revenue, Patterson Uti Energy or Transocean?

Patterson Uti Energy is bigger by revenue: $4.8B in fiscal 2025, against $4B for Transocean in fiscal 2025.

Which keeps more of its revenue as profit, Patterson Uti Energy or Transocean?

Patterson Uti Energy had a net margin of -1.9% in fiscal 2025; Transocean had -73.5% in fiscal 2025.

Which grew revenue faster, Patterson Uti Energy or Transocean?

In their latest fiscal years revenue changed by -10.3% at Patterson Uti Energy and +12.5% at Transocean.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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