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Side-by-side financial comparison of PATTERSON UTI ENERGY INC (PTEN) and Rithm Capital Corp. (RITM). 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 $828.2M, roughly 1.3× Rithm Capital Corp.). Rithm Capital Corp. runs the higher net margin — 13.2% vs -2.2%, a 15.4% gap on every dollar of revenue. On growth, Rithm Capital Corp. posted the faster year-over-year revenue change (508.5% vs -12.7%). Over the past eight quarters, PATTERSON UTI ENERGY INC's revenue compounded faster (-8.4% CAGR vs -17.9%).

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.

Rithm Capital Corp. (Rithm) is an American investment management company headquartered in New York that focuses on real estate and alternative investments.

PTEN vs RITM — Head-to-Head

Bigger by revenue
PTEN
PTEN
1.3× larger
PTEN
$1.1B
$828.2M
RITM
Growing faster (revenue YoY)
RITM
RITM
+521.2% gap
RITM
508.5%
-12.7%
PTEN
Higher net margin
RITM
RITM
15.4% more per $
RITM
13.2%
-2.2%
PTEN
Faster 2-yr revenue CAGR
PTEN
PTEN
Annualised
PTEN
-8.4%
-17.9%
RITM

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
PTEN
PTEN
RITM
RITM
Revenue
$1.1B
$828.2M
Net Profit
$-24.5M
$109.5M
Gross Margin
Operating Margin
29.9%
Net Margin
-2.2%
13.2%
Revenue YoY
-12.7%
508.5%
Net Profit YoY
-170.8%
27.7%
EPS (diluted)
$-0.06
$0.12

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
PTEN
PTEN
RITM
RITM
Q1 26
$1.1B
$828.2M
Q4 25
$1.1B
$1.5B
Q3 25
$1.2B
$1.1B
Q2 25
$1.2B
$1.2B
Q1 25
$1.3B
$768.4M
Q4 24
$1.1B
$2.1B
Q3 24
$1.3B
$619.5M
Q2 24
$1.3B
$1.2B
Net Profit
PTEN
PTEN
RITM
RITM
Q1 26
$-24.5M
$109.5M
Q4 25
$-9.2M
$85.0M
Q3 25
$-36.4M
$221.5M
Q2 25
$-49.1M
$311.7M
Q1 25
$1.0M
$78.8M
Q4 24
$-51.4M
$290.2M
Q3 24
$-978.8M
$121.7M
Q2 24
$11.1M
$235.6M
Operating Margin
PTEN
PTEN
RITM
RITM
Q1 26
29.9%
Q4 25
-0.0%
13.8%
Q3 25
-2.4%
21.4%
Q2 25
-2.4%
25.2%
Q1 25
1.3%
7.4%
Q4 24
-2.7%
23.8%
Q3 24
-73.8%
7.3%
Q2 24
3.4%
23.6%
Net Margin
PTEN
PTEN
RITM
RITM
Q1 26
-2.2%
13.2%
Q4 25
-0.8%
5.7%
Q3 25
-3.1%
20.0%
Q2 25
-4.1%
25.6%
Q1 25
0.1%
10.3%
Q4 24
-4.5%
14.0%
Q3 24
-72.9%
19.7%
Q2 24
0.8%
19.2%
EPS (diluted)
PTEN
PTEN
RITM
RITM
Q1 26
$-0.06
$0.12
Q4 25
$-0.01
$0.09
Q3 25
$-0.10
$0.35
Q2 25
$-0.13
$0.53
Q1 25
$0.00
$0.07
Q4 24
$-0.10
$0.50
Q3 24
$-2.50
$0.20
Q2 24
$0.03
$0.43

Balance Sheet & Financial Strength

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

Metric
PTEN
PTEN
RITM
RITM
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$3.2B
$9.1B
Total Assets
$5.4B
$53.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PTEN
PTEN
RITM
RITM
Q1 26
Q4 25
$418.5M
$1.8B
Q3 25
$184.8M
$1.6B
Q2 25
$183.8M
$1.6B
Q1 25
$223.1M
$1.5B
Q4 24
$239.2M
$1.5B
Q3 24
$113.4M
$1.6B
Q2 24
$72.4M
$1.2B
Total Debt
PTEN
PTEN
RITM
RITM
Q1 26
Q4 25
$1.2B
$35.4B
Q3 25
$1.2B
$32.2B
Q2 25
$1.2B
$31.2B
Q1 25
$1.2B
$32.2B
Q4 24
$1.2B
$32.6B
Q3 24
$1.2B
$29.6B
Q2 24
$1.2B
$30.1B
Stockholders' Equity
PTEN
PTEN
RITM
RITM
Q1 26
$3.2B
$9.1B
Q4 25
$3.2B
$8.4B
Q3 25
$3.2B
$8.5B
Q2 25
$3.3B
$7.9B
Q1 25
$3.4B
$7.8B
Q4 24
$3.5B
$7.8B
Q3 24
$3.6B
$7.7B
Q2 24
$4.6B
$7.3B
Total Assets
PTEN
PTEN
RITM
RITM
Q1 26
$5.4B
$53.4B
Q4 25
$5.6B
$53.1B
Q3 25
$5.5B
$47.2B
Q2 25
$5.6B
$44.3B
Q1 25
$5.8B
$45.3B
Q4 24
$5.8B
$46.0B
Q3 24
$6.0B
$42.3B
Q2 24
$7.0B
$42.0B
Debt / Equity
PTEN
PTEN
RITM
RITM
Q1 26
Q4 25
0.38×
4.20×
Q3 25
0.38×
3.79×
Q2 25
0.37×
3.92×
Q1 25
0.36×
4.14×
Q4 24
0.36×
4.18×
Q3 24
0.35×
3.87×
Q2 24
0.27×
4.10×

Cash Flow & Capital Efficiency

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

Metric
PTEN
PTEN
RITM
RITM
Operating Cash FlowLast quarter
$63.9M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
4.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PTEN
PTEN
RITM
RITM
Q1 26
$63.9M
Q4 25
$397.5M
$-114.6M
Q3 25
$215.8M
$-2.0B
Q2 25
$139.7M
$-557.1M
Q1 25
$208.1M
$1.4B
Q4 24
$315.8M
$-1.8B
Q3 24
$296.3M
$768.1M
Q2 24
$197.5M
$-55.7M
Free Cash Flow
PTEN
PTEN
RITM
RITM
Q1 26
Q4 25
$259.0M
Q3 25
$71.3M
Q2 25
$-4.5M
Q1 25
$46.3M
Q4 24
$175.5M
Q3 24
$115.7M
Q2 24
$67.0M
FCF Margin
PTEN
PTEN
RITM
RITM
Q1 26
Q4 25
22.6%
Q3 25
6.1%
Q2 25
-0.4%
Q1 25
3.7%
Q4 24
15.3%
Q3 24
8.6%
Q2 24
5.0%
Capex Intensity
PTEN
PTEN
RITM
RITM
Q1 26
4.9%
Q4 25
12.1%
Q3 25
12.3%
Q2 25
11.9%
Q1 25
12.8%
Q4 24
12.2%
Q3 24
13.5%
Q2 24
9.8%
Cash Conversion
PTEN
PTEN
RITM
RITM
Q1 26
Q4 25
-1.35×
Q3 25
-9.22×
Q2 25
-1.79×
Q1 25
207.11×
18.03×
Q4 24
-6.04×
Q3 24
6.31×
Q2 24
17.83×
-0.24×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PTEN
PTEN

Segment breakdown not available.

RITM
RITM

Servicing revenue, net$375.1M45%
Other$234.9M28%
Gain on originated residential mortgage loans, held-for-sale, net$195.0M24%
Other revenue$23.3M3%

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