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Side-by-side financial comparison of Noble Corp plc (NE) and PATTERSON UTI ENERGY INC (PTEN). Click either name above to swap in a different company.

PATTERSON UTI ENERGY INC is the larger business by last-quarter revenue ($1.1B vs $764.4M, roughly 1.5× Noble Corp plc). Noble Corp plc runs the higher net margin — 11.3% vs -2.2%, a 13.5% gap on every dollar of revenue. On growth, PATTERSON UTI ENERGY INC posted the faster year-over-year revenue change (-12.7% vs -17.6%). Over the past eight quarters, Noble Corp plc's revenue compounded faster (9.5% CAGR vs -8.4%).

Barnes & Noble Booksellers is an American bookseller with the largest number of retail outlets in the United States. The company operates approximately 700+ retail stores across the United States.

Patterson UTI Energy Inc. is a leading oilfield services provider offering onshore contract drilling, pressure pumping, well completion and related support services. It primarily serves upstream oil and gas operators across North America, operating in major unconventional resource basins including shale and tight gas formations.

NE vs PTEN — Head-to-Head

Bigger by revenue
PTEN
PTEN
1.5× larger
PTEN
$1.1B
$764.4M
NE
Growing faster (revenue YoY)
PTEN
PTEN
+4.8% gap
PTEN
-12.7%
-17.6%
NE
Higher net margin
NE
NE
13.5% more per $
NE
11.3%
-2.2%
PTEN
Faster 2-yr revenue CAGR
NE
NE
Annualised
NE
9.5%
-8.4%
PTEN

Income Statement — Q4 2025 vs Q1 2026

Metric
NE
NE
PTEN
PTEN
Revenue
$764.4M
$1.1B
Net Profit
$86.6M
$-24.5M
Gross Margin
Operating Margin
5.6%
Net Margin
11.3%
-2.2%
Revenue YoY
-17.6%
-12.7%
Net Profit YoY
-10.4%
-166.1%
EPS (diluted)
$0.54
$-0.06

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NE
NE
PTEN
PTEN
Q1 26
$1.1B
Q4 25
$764.4M
$1.1B
Q3 25
$798.0M
$1.2B
Q2 25
$848.7M
$1.2B
Q1 25
$874.5M
$1.3B
Q4 24
$927.3M
$1.1B
Q3 24
$800.5M
$1.3B
Q2 24
$692.8M
$1.3B
Net Profit
NE
NE
PTEN
PTEN
Q1 26
$-24.5M
Q4 25
$86.6M
$-9.2M
Q3 25
$-21.1M
$-36.4M
Q2 25
$42.9M
$-49.1M
Q1 25
$108.3M
$1.0M
Q4 24
$96.6M
$-51.4M
Q3 24
$61.2M
$-978.8M
Q2 24
$195.0M
$11.1M
Operating Margin
NE
NE
PTEN
PTEN
Q1 26
Q4 25
5.6%
-0.0%
Q3 25
6.3%
-2.4%
Q2 25
15.9%
-2.4%
Q1 25
21.4%
1.3%
Q4 24
18.4%
-2.7%
Q3 24
14.4%
-73.8%
Q2 24
30.3%
3.4%
Net Margin
NE
NE
PTEN
PTEN
Q1 26
-2.2%
Q4 25
11.3%
-0.8%
Q3 25
-2.6%
-3.1%
Q2 25
5.1%
-4.1%
Q1 25
12.4%
0.1%
Q4 24
10.4%
-4.5%
Q3 24
7.6%
-72.9%
Q2 24
28.1%
0.8%
EPS (diluted)
NE
NE
PTEN
PTEN
Q1 26
$-0.06
Q4 25
$0.54
$-0.01
Q3 25
$-0.13
$-0.10
Q2 25
$0.27
$-0.13
Q1 25
$0.67
$0.00
Q4 24
$0.56
$-0.10
Q3 24
$0.40
$-2.50
Q2 24
$1.34
$0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NE
NE
PTEN
PTEN
Cash + ST InvestmentsLiquidity on hand
$471.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.5B
$3.2B
Total Assets
$7.5B
$5.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NE
NE
PTEN
PTEN
Q1 26
Q4 25
$471.4M
$418.5M
Q3 25
$477.9M
$184.8M
Q2 25
$338.2M
$183.8M
Q1 25
$303.8M
$223.1M
Q4 24
$247.3M
$239.2M
Q3 24
$391.9M
$113.4M
Q2 24
$162.9M
$72.4M
Total Debt
NE
NE
PTEN
PTEN
Q1 26
Q4 25
$1.2B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.2B
Stockholders' Equity
NE
NE
PTEN
PTEN
Q1 26
$3.2B
Q4 25
$4.5B
$3.2B
Q3 25
$4.5B
$3.2B
Q2 25
$4.6B
$3.3B
Q1 25
$4.7B
$3.4B
Q4 24
$4.7B
$3.5B
Q3 24
$4.7B
$3.6B
Q2 24
$4.0B
$4.6B
Total Assets
NE
NE
PTEN
PTEN
Q1 26
$5.4B
Q4 25
$7.5B
$5.6B
Q3 25
$7.6B
$5.5B
Q2 25
$7.7B
$5.6B
Q1 25
$7.9B
$5.8B
Q4 24
$8.0B
$5.8B
Q3 24
$8.0B
$6.0B
Q2 24
$5.6B
$7.0B
Debt / Equity
NE
NE
PTEN
PTEN
Q1 26
Q4 25
0.38×
Q3 25
0.38×
Q2 25
0.37×
Q1 25
0.36×
Q4 24
0.36×
Q3 24
0.35×
Q2 24
0.27×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NE
NE
PTEN
PTEN
Operating Cash FlowLast quarter
$187.1M
$63.9M
Free Cash FlowOCF − Capex
$35.4M
FCF MarginFCF / Revenue
4.6%
Capex IntensityCapex / Revenue
19.9%
4.9%
Cash ConversionOCF / Net Profit
2.16×
TTM Free Cash FlowTrailing 4 quarters
$432.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NE
NE
PTEN
PTEN
Q1 26
$63.9M
Q4 25
$187.1M
$397.5M
Q3 25
$277.1M
$215.8M
Q2 25
$216.4M
$139.7M
Q1 25
$271.1M
$208.1M
Q4 24
$136.2M
$315.8M
Q3 24
$283.8M
$296.3M
Q2 24
$106.8M
$197.5M
Free Cash Flow
NE
NE
PTEN
PTEN
Q1 26
Q4 25
$35.4M
$259.0M
Q3 25
$139.5M
$71.3M
Q2 25
$99.8M
$-4.5M
Q1 25
$157.5M
$46.3M
Q4 24
$-4.4M
$175.5M
Q3 24
$156.8M
$115.7M
Q2 24
$-34.3M
$67.0M
FCF Margin
NE
NE
PTEN
PTEN
Q1 26
Q4 25
4.6%
22.6%
Q3 25
17.5%
6.1%
Q2 25
11.8%
-0.4%
Q1 25
18.0%
3.7%
Q4 24
-0.5%
15.3%
Q3 24
19.6%
8.6%
Q2 24
-4.9%
5.0%
Capex Intensity
NE
NE
PTEN
PTEN
Q1 26
4.9%
Q4 25
19.9%
12.1%
Q3 25
17.3%
12.3%
Q2 25
13.7%
11.9%
Q1 25
13.0%
12.8%
Q4 24
15.2%
12.2%
Q3 24
15.9%
13.5%
Q2 24
20.4%
9.8%
Cash Conversion
NE
NE
PTEN
PTEN
Q1 26
Q4 25
2.16×
Q3 25
Q2 25
5.05×
Q1 25
2.50×
207.11×
Q4 24
1.41×
Q3 24
4.64×
Q2 24
0.55×
17.83×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NE
NE

Floaters$559.8M73%
Jackups$145.5M19%
Service Other$59.1M8%

PTEN
PTEN

Segment breakdown not available.

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