NYSE : CLB
Core Laboratories Inc. — Financial statements
Energy · Oil & Gas Equipment & Services · United States
Last price 10.4 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 477.20M
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Financial statements
Core Laboratories Inc. (CLB) reported revenue of 516.74M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 516.74M | 526.52M | 523.85M | 509.79M | 489.74M | 470.25M |
| Cost of Revenue | 418.05M | 417.59M | 420.52M | 399.96M | 393.65M | 367.90M |
| Gross Profit | 98.69M | 108.93M | 103.33M | 109.83M | 96.08M | 102.36M |
| Selling, General & Admin | 46.22M | 44.23M | 38.59M | 38.89M | 37.57M | 43.87M |
| Amortization of Goodwill & Intangibles | 518.00K | 359.00K | 504.00K | 490.00K | 685.00K | 762.00K |
| Other Operating Expenses | -1.28M | -1.66M | -2.32M | -1.81M | -1.71M | -1.32M |
| Operating Expenses | 59.93M | 57.21M | 51.23M | 52.87M | 53.03M | 61.06M |
| Operating Income | 38.76M | 51.72M | 52.10M | 56.97M | 43.05M | 41.30M |
| Interest Expense | -11.13M | -10.57M | -12.37M | -13.43M | -11.57M | -9.15M |
| Earnings From Equity Investments | -652.00K | -654.00K | 236.00K | 394.00K | 294.00K | 62.00K |
| Currency Exchange Gain (Loss) | -1.05M | -745.00K | -1.20M | -176.00K | -229.00K | 228.00K |
| EBT Excluding Unusual Items | 25.93M | 39.75M | 38.77M | 43.75M | 31.55M | 32.44M |
| Merger & Restructuring Charges | -639.00K | -2.96M | -2.79M | -2.29M | -3.33M | |
| Gain (Loss) on Sale of Assets | 1.72M | 813.00K | 1.78M | 200.00K | 1.07M | 1.44M |
| Other Unusual Items | -455.00K | |||||
| Pretax Income | 27.80M | 45.90M | 46.19M | 41.21M | 29.95M | 36.11M |
| Income Tax Expense | 12.17M | 15.51M | 14.03M | 4.18M | 10.30M | 15.89M |
| Earnings From Continuing Operations | 15.64M | 30.39M | 32.15M | 37.02M | 19.66M | 20.22M |
| Net Income to Company | 15.64M | 30.39M | 32.15M | 37.02M | 19.66M | 20.22M |
| Minority Interest in Earnings | -78.00K | -722.00K | -753.00K | -350.00K | -205.00K | -492.00K |
| Net Income | 15.56M | 29.67M | 31.40M | 36.67M | 19.45M | 19.73M |
| Net Income to Common | 15.56M | 29.67M | 31.40M | 36.67M | 19.45M | 19.73M |
| Shares Outstanding (Basic) | 46.00M | 46.43M | 46.90M | 46.68M | 46.33M | 46.01M |
| Shares Outstanding (Diluted) | 46.65M | 47.03M | 47.69M | 47.52M | 46.81M | 46.69M |
| EPS (Basic) | 0.34 | 0.64 | 0.67 | 0.79 | 0.42 | 0.43 |
| EPS (Diluted) | 0.34 | 0.63 | 0.66 | 0.77 | 0.42 | 0.42 |
| Free Cash Flow | 6.67M | 22.44M | 43.36M | 14.21M | 14.74M | 23.04M |
| Free Cash Flow Per Share | 0.14 | 0.48 | 0.91 | 0.30 | 0.32 | 0.49 |
| Dividend Per Share | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Gross Margin | 19.10% | 20.69% | 19.72% | 21.55% | 19.62% | 21.77% |
| Operating Margin | 7.50% | 9.82% | 9.95% | 11.17% | 8.79% | 8.78% |
| Profit Margin | 3.01% | 5.63% | 5.99% | 7.19% | 3.97% | 4.20% |
| Free Cash Flow Margin | 1.29% | 4.26% | 8.28% | 2.79% | 3.01% | 4.90% |
| EBITDA | 53.74M | 66.37M | 67.05M | 72.75M | 60.22M | 59.81M |
| EBITDA Margin | 10.40% | 12.61% | 12.80% | 14.27% | 12.29% | 12.72% |
| D&A For EBITDA | 14.98M | 14.65M | 14.95M | 15.78M | 17.16M | 18.52M |
| EBIT | 38.76M | 51.72M | 52.10M | 56.97M | 43.05M | 41.30M |
| EBIT Margin | 7.50% | 9.82% | 9.95% | 11.17% | 8.79% | 8.78% |
| Effective Tax Rate | 43.76% | 33.78% | 30.39% | 10.15% | 34.37% | 44.01% |
| Revenue as Reported | 516.74M | 526.52M | 523.85M | 509.79M | 489.74M | 470.25M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 21.38M | 22.70M | 19.16M | 15.12M | 15.43M | 17.70M |
| Cash & Short-Term Investments | 21.38M | 22.70M | 19.16M | 15.12M | 15.43M | 17.70M |
| Accounts Receivable | 115.57M | 113.53M | 111.76M | 109.35M | 106.91M | 96.83M |
| Other Receivables | 11.44M | 7.27M | 10.32M | 13.72M | 8.19M | 9.91M |
| Receivables | 127.01M | 120.80M | 122.08M | 123.07M | 115.10M | 106.74M |
| Inventory | 60.70M | 54.50M | 59.40M | 71.70M | 60.45M | 45.44M |
| Prepaid Expenses | 10.21M | 9.73M | 10.18M | 8.15M | 15.66M | 14.06M |
| Other Current Assets | 5.76M | 6.93M | 10.52M | 5.09M | 5.06M | 5.11M |
| Total Current Assets | 225.06M | 214.66M | 221.33M | 223.14M | 211.70M | 189.06M |
| Property, Plant & Equipment | 151.99M | 153.79M | 153.55M | 153.47M | 157.41M | 172.34M |
| Long-Term Investments | 4.43M | 5.08M | 4.84M | 4.45M | 4.16M | |
| Goodwill | 105.92M | 105.79M | 99.44M | 99.44M | 99.44M | 99.44M |
| Other Intangible Assets | 6.64M | 7.12M | 6.40M | 6.93M | 7.48M | 8.14M |
| Long-Term Deferred Tax Assets | 68.35M | 67.38M | 69.61M | 69.20M | 68.57M | 70.46M |
| Other Long-Term Assets | 35.57M | 30.84M | 29.71M | 29.38M | 29.30M | 37.26M |
| Total Assets | 593.52M | 584.01M | 585.13M | 586.39M | 578.35M | 580.85M |
| Accounts Payable | 40.01M | 37.27M | 34.55M | 33.51M | 45.85M | 29.73M |
| Accrued Expenses | 24.19M | 30.80M | 30.01M | 24.73M | 28.25M | 26.76M |
| Current Portion of Leases | 11.72M | 11.46M | 10.69M | 10.18M | 11.70M | 12.34M |
| Current Income Taxes Payable | 3.11M | 4.25M | 9.71M | 7.28M | 3.03M | 6.50M |
| Current Unearned Revenue | 5.84M | 5.55M | 9.33M | 4.75M | 5.94M | 7.76M |
| Other Current Liabilities | 17.86M | 16.68M | 8.16M | 7.65M | 8.36M | 7.68M |
| Total Current Liabilities | 102.73M | 106.02M | 102.44M | 88.10M | 103.14M | 90.78M |
| Long-Term Debt | 112.45M | 110.25M | 126.11M | 163.13M | 172.39M | 194.08M |
| Long-Term Leases | 37.81M | 42.31M | 43.34M | 42.08M | 38.30M | 49.29M |
| Long-Term Unearned Revenue | 24.00K | 435.00K | ||||
| Pension & Post-Retirement Benefits | 1.37M | 1.72M | 2.27M | 2.68M | 4.09M | |
| Long-Term Deferred Tax Liabilities | 10.19M | 8.00M | 9.07M | 12.70M | 22.88M | 24.34M |
| Other Long-Term Liabilities | 46.25M | 43.86M | 50.13M | 48.31M | 49.99M | 56.84M |
| Total Liabilities | 309.43M | 311.80M | 332.81M | 356.59M | 389.40M | 419.85M |
| Common Stock | 470.00K | 470.00K | 470.00K | 469.00K | 1.19M | 1.19M |
| Additional Paid-In Capital | 116.65M | 110.25M | 109.55M | 110.01M | 102.25M | 101.12M |
| Retained Earnings | 181.89M | 172.66M | 144.86M | 120.76M | 85.95M | 68.35M |
| Treasury Stock | -15.45M | -11.59M | -2.54M | -1.45M | -1.36M | -4.08M |
| Comprehensive Income & Other | -5.59M | -5.81M | -5.77M | -4.97M | -3.78M | -10.13M |
| Total Common Equity | 277.97M | 265.99M | 246.57M | 224.81M | 184.26M | 156.45M |
| Minority Interest | 6.12M | 6.22M | 5.75M | 4.99M | 4.70M | 4.55M |
| Shareholders' Equity | 284.09M | 272.21M | 252.32M | 229.81M | 188.95M | 161.00M |
| Total Liabilities & Equity | 593.52M | 584.01M | 585.13M | 586.39M | 578.35M | 580.85M |
| Total Debt | 161.97M | 164.02M | 180.14M | 215.38M | 222.39M | 255.71M |
| Net Cash (Debt) | -140.59M | -141.32M | -160.99M | -200.26M | -206.96M | -238.01M |
| Net Cash Per Share | -3.01 | -3.00 | -3.38 | -4.21 | -4.42 | -5.10 |
| Filing Date Shares Outstanding | 45.82M | 46.05M | 46.83M | 46.86M | 46.63M | 46.28M |
| Total Common Shares Outstanding | 45.81M | 46.10M | 46.83M | 46.86M | 46.63M | 46.35M |
| Working Capital | 122.32M | 108.65M | 118.89M | 135.04M | 108.57M | 98.27M |
| Book Value Per Share | 6.07 | 5.77 | 5.27 | 4.80 | 3.95 | 3.38 |
| Tangible Book Value | 165.41M | 153.08M | 140.72M | 118.44M | 77.33M | 48.87M |
| Tangible Book Value Per Share | 3.61 | 3.32 | 3.01 | 2.53 | 1.66 | 1.05 |
| Land | 10.41M | 10.40M | 10.65M | 10.65M | 11.39M | |
| Buildings | 123.51M | 117.68M | 120.55M | 120.99M | 120.07M | |
| Machinery | 286.23M | 283.30M | 284.23M | 288.12M | 285.95M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 15.56M | 29.67M | 31.40M | 36.67M | 19.45M | 19.73M |
| Depreciation & Amortization | 14.98M | 14.65M | 14.95M | 15.78M | 17.16M | 18.52M |
| Loss (Gain) From Sale of Assets | -1.01M | |||||
| Asset Writedown & Restructuring Costs | 34.00K | 34.00K | 1.11M | 1.14M | ||
| Stock-Based Compensation | 8.33M | 7.14M | 3.75M | 13.97M | 7.76M | 19.09M |
| Provision & Write-off of Bad Debts | 1.40M | 3.42M | 1.20M | 179.00K | -6.00K | -256.00K |
| Other Operating Activities | 6.62M | -3.34M | -3.91M | -14.19M | 5.61M | 1.07M |
| Change in Accounts Receivable | -6.52M | -4.95M | -3.61M | -2.62M | -10.08M | -13.52M |
| Change in Inventory | -2.91M | 2.64M | 9.37M | -12.98M | -14.86M | -4.55M |
| Change in Accounts Payable | 1.87M | 477.00K | 519.00K | -12.88M | 15.37M | 6.57M |
| Change in Unearned Revenue | -1.41M | -3.78M | 4.58M | -1.19M | -1.82M | 2.31M |
| Change in Other Net Operating Assets | -13.26M | -8.92M | -2.97M | 887.00K | -13.63M | -11.37M |
| Operating Cash Flow | 24.69M | 37.03M | 56.39M | 24.79M | 24.96M | 36.58M |
| Capital Expenditures | -18.02M | -14.59M | -13.03M | -10.58M | -10.22M | -13.54M |
| Sale of Property, Plant & Equipment | 3.81M | 3.02M | 1.74M | 485.00K | 1.89M | 678.00K |
| Cash Acquisitions | -620.00K | -1.24M | ||||
| Divestitures | 240.00K | 873.00K | ||||
| Sale (Purchase) of Intangibles | -130.00K | -150.00K | 20.00K | 67.00K | -29.00K | -318.00K |
| Other Investing Activities | 696.00K | 10.73M | 4.88M | 3.38M | 4.26M | 2.08M |
| Investing Cash Flow | -14.27M | -2.23M | -6.39M | -6.65M | -3.86M | -10.22M |
| Long-Term Debt Issued | 48.00M | 44.00M | 202.00M | 116.00M | 155.00M | |
| Long-Term Debt Repaid | -63.00M | -82.00M | -211.00M | -131.00M | -226.00M | |
| Net Debt Issued (Repaid) | -2.25M | -15.00M | -38.00M | -9.00M | -15.00M | -71.00M |
| Issuance of Common Stock | 60.00M | |||||
| Repurchase of Common Stock | -10.40M | -12.43M | -5.31M | -2.20M | -3.90M | -8.26M |
| Common Dividends Paid | -1.84M | -1.87M | -1.88M | -1.87M | -1.85M | -1.83M |
| Other Financing Activities | -186.00K | -1.96M | -775.00K | -5.38M | -2.62M | -1.37M |
| Financing Cash Flow | -14.68M | -31.25M | -45.96M | -18.45M | -23.38M | -22.46M |
| Net Cash Flow | -4.25M | 3.54M | 4.04M | -308.00K | -2.27M | 3.90M |
| Free Cash Flow | 6.67M | 22.44M | 43.36M | 14.21M | 14.74M | 23.04M |
| Free Cash Flow Margin | 1.29% | 4.26% | 8.28% | 2.79% | 3.01% | 4.90% |
| Free Cash Flow Per Share | 0.14 | 0.48 | 0.91 | 0.30 | 0.32 | 0.49 |
| Levered Free Cash Flow | 26.78M | 45.78M | 50.21M | 21.20M | 22.42M | 24.66M |
| Unlevered Free Cash Flow | 33.74M | 52.39M | 57.94M | 29.59M | 29.65M | 30.38M |
| Cash Interest Paid | 8.86M | 8.18M | 10.86M | 11.20M | 9.30M | 10.48M |
| Cash Income Tax Paid | 17.61M | 18.73M | 17.58M | 14.54M | 14.08M | 9.07M |
| Change in Working Capital | -22.24M | -14.53M | 7.88M | -28.77M | -25.02M | -20.56M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 487.56M | 746.41M | 812.71M | 825.14M | 939.95M | 1.03B |
| Enterprise Value | 628.15M | 893.93M | 991.95M | 1.04B | 1.17B | 1.28B |
| Last Close Price | 10.64 | 15.99 | 17.22 | 17.53 | 20.08 | 22.06 |
| PE Ratio | 31.47 | 25.16 | 25.88 | 22.50 | 48.32 | 52.35 |
| Forward PE | 15.42 | 21.66 | 18.55 | 17.98 | 23.39 | 24.73 |
| PS Ratio | 0.94 | 1.42 | 1.55 | 1.62 | 1.92 | 2.20 |
| PB Ratio | 1.75 | 2.74 | 3.22 | 3.59 | 4.97 | 6.41 |
| P/TBV Ratio | 2.95 | 4.88 | 5.78 | 6.97 | 12.15 | 21.13 |
| P/FCF Ratio | 73.14 | 33.26 | 18.74 | 58.07 | 63.77 | 44.82 |
| P/OCF Ratio | 19.75 | 20.16 | 14.41 | 33.29 | 37.66 | 28.23 |
| PEG Ratio | 14.84 | 0.99 | 0.36 | |||
| EV/Sales Ratio | 1.22 | 1.70 | 1.89 | 2.04 | 2.38 | 2.72 |
| EV/EBITDA Ratio | 11.69 | 13.47 | 14.79 | 14.32 | 19.38 | 21.36 |
| EV/EBIT Ratio | 16.21 | 17.28 | 19.04 | 18.29 | 27.11 | 30.93 |
| EV/FCF Ratio | 94.23 | 39.83 | 22.88 | 73.32 | 79.18 | 55.45 |
| Debt / Equity Ratio | 0.57 | 0.60 | 0.71 | 0.94 | 1.18 | 1.59 |
| Debt / EBITDA Ratio | 2.16 | 1.89 | 2.06 | 2.30 | 2.78 | 3.18 |
| Debt / FCF Ratio | 24.30 | 7.31 | 4.16 | 15.16 | 15.09 | 11.10 |
| Net Debt / Equity Ratio | 0.49 | 0.52 | 0.64 | 0.87 | 1.09 | 1.48 |
| Net Debt / EBITDA Ratio | 2.62 | 2.13 | 2.40 | 2.75 | 3.44 | 3.98 |
| Net Debt / FCF Ratio | 21.09 | 6.30 | 3.71 | 14.09 | 14.04 | 10.33 |
| Asset Turnover | 0.87 | 0.90 | 0.89 | 0.88 | 0.84 | 0.82 |
| Inventory Turnover | 7.03 | 7.33 | 6.42 | 6.05 | 7.43 | 8.80 |
| Quick Ratio | 1.44 | 1.35 | 1.38 | 1.57 | 1.27 | 1.37 |
| Current Ratio | 2.19 | 2.02 | 2.16 | 2.53 | 2.05 | 2.08 |
| Return on Equity (ROE) | 5.57% | 11.59% | 13.34% | 17.68% | 11.24% | 17.09% |
| Return on Assets (ROA) | 4.09% | 5.53% | 5.56% | 6.11% | 4.64% | 4.49% |
| Return on Invested Capital (ROIC) | 5.16% | 8.28% | 8.60% | 12.39% | 7.11% | 5.85% |
| Return on Capital Employed (ROCE) | 7.90% | 10.80% | 10.80% | 11.40% | 9.10% | 8.40% |
| Earnings Yield | 3.18% | 3.98% | 3.86% | 4.45% | 2.07% | 1.91% |
| FCF Yield | 1.37% | 3.01% | 5.33% | 1.72% | 1.57% | 2.23% |
| Dividend Yield | 0.38% | 0.25% | 0.23% | 0.23% | 0.20% | 0.18% |
| Payout Ratio | 11.83% | 6.30% | 5.97% | 5.09% | 9.53% | 9.30% |
| Buyback Yield / Dilution | 1.68% | 1.38% | -0.34% | -1.52% | -0.26% | -4.98% |
| Total Shareholder Return | 2.06% | 1.62% | -0.11% | -1.29% | -0.07% | -4.80% |