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Side-by-side financial comparison of PATTERSON UTI ENERGY INC (PTEN) and VinFast Auto Ltd. (VFS). 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 $718.6M, roughly 1.6× VinFast Auto Ltd.). PATTERSON UTI ENERGY INC runs the higher net margin — -2.2% vs -2.8%, a 0.6% gap on every dollar of revenue.

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.

VinFast Auto Ltd. is a Vietnamese multinational automotive company founded by Vingroup, one of the largest private conglomerates in Vietnam that was founded by Phạm Nhật Vượng.

PTEN vs VFS — Head-to-Head

Bigger by revenue
PTEN
PTEN
1.6× larger
PTEN
$1.1B
$718.6M
VFS
Higher net margin
PTEN
PTEN
0.6% more per $
PTEN
-2.2%
-2.8%
VFS

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
PTEN
PTEN
VFS
VFS
Revenue
$1.1B
$718.6M
Net Profit
$-24.5M
$-20.0M
Gross Margin
Operating Margin
-96.1%
Net Margin
-2.2%
-2.8%
Revenue YoY
-12.7%
Net Profit YoY
-166.1%
EPS (diluted)
$-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
PTEN
PTEN
VFS
VFS
Q1 26
$1.1B
Q4 25
$1.1B
Q3 25
$1.2B
$718.6M
Q2 25
$1.2B
$663.0M
Q1 25
$1.3B
$656.5M
Q4 24
$1.1B
Q3 24
$1.3B
$511.6M
Q2 24
$1.3B
Net Profit
PTEN
PTEN
VFS
VFS
Q1 26
$-24.5M
Q4 25
$-9.2M
Q3 25
$-36.4M
$-20.0M
Q2 25
$-49.1M
$-51.8M
Q1 25
$1.0M
$-26.1M
Q4 24
$-51.4M
Q3 24
$-978.8M
$-10.4M
Q2 24
$11.1M
Operating Margin
PTEN
PTEN
VFS
VFS
Q1 26
Q4 25
-0.0%
Q3 25
-2.4%
-96.1%
Q2 25
-2.4%
-79.0%
Q1 25
1.3%
-74.0%
Q4 24
-2.7%
Q3 24
-73.8%
-65.9%
Q2 24
3.4%
Net Margin
PTEN
PTEN
VFS
VFS
Q1 26
-2.2%
Q4 25
-0.8%
Q3 25
-3.1%
-2.8%
Q2 25
-4.1%
-7.8%
Q1 25
0.1%
-4.0%
Q4 24
-4.5%
Q3 24
-72.9%
-2.0%
Q2 24
0.8%
EPS (diluted)
PTEN
PTEN
VFS
VFS
Q1 26
$-0.06
Q4 25
$-0.01
Q3 25
$-0.10
Q2 25
$-0.13
Q1 25
$0.00
Q4 24
$-0.10
Q3 24
$-2.50
Q2 24
$0.03

Balance Sheet & Financial Strength

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

Metric
PTEN
PTEN
VFS
VFS
Cash + ST InvestmentsLiquidity on hand
$8.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.2B
Total Assets
$5.4B
$183.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PTEN
PTEN
VFS
VFS
Q1 26
Q4 25
$418.5M
Q3 25
$184.8M
$8.8M
Q2 25
$183.8M
$650.0M
Q1 25
$223.1M
$2.4M
Q4 24
$239.2M
Q3 24
$113.4M
$1.9M
Q2 24
$72.4M
Total Debt
PTEN
PTEN
VFS
VFS
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
PTEN
PTEN
VFS
VFS
Q1 26
$3.2B
Q4 25
$3.2B
Q3 25
$3.2B
Q2 25
$3.3B
$-7.2B
Q1 25
$3.4B
Q4 24
$3.5B
Q3 24
$3.6B
Q2 24
$4.6B
Total Assets
PTEN
PTEN
VFS
VFS
Q1 26
$5.4B
Q4 25
$5.6B
Q3 25
$5.5B
$183.2M
Q2 25
$5.6B
$7.2B
Q1 25
$5.8B
$158.2M
Q4 24
$5.8B
Q3 24
$6.0B
$151.8M
Q2 24
$7.0B
Debt / Equity
PTEN
PTEN
VFS
VFS
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
PTEN
PTEN
VFS
VFS
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
VFS
VFS
Q1 26
$63.9M
Q4 25
$397.5M
Q3 25
$215.8M
Q2 25
$139.7M
Q1 25
$208.1M
Q4 24
$315.8M
Q3 24
$296.3M
Q2 24
$197.5M
Free Cash Flow
PTEN
PTEN
VFS
VFS
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
VFS
VFS
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
VFS
VFS
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
VFS
VFS
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
207.11×
Q4 24
Q3 24
Q2 24
17.83×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PTEN
PTEN

Segment breakdown not available.

VFS
VFS

Sales of vehicles$662.9M92%
Sales of spare parts and components$41.3M6%
Revenue from leasing activities$12.3M2%
Finance income$2.4M0%
Rendering of services$1.2M0%

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