NYSE : OIS
Oil States International, Inc. — Financial statements
Energy · Oil & Gas Equipment & Services · United States
Last price 9.08 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 547.73M
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Financial statements
Oil States International, Inc. (OIS) reported revenue of 650.25M 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 | 650.25M | 668.99M | 692.59M | 782.28M | 737.71M | 573.16M |
| Cost of Revenue | 513.84M | 524.10M | 525.24M | 606.89M | 578.56M | 470.40M |
| Gross Profit | 136.41M | 144.89M | 167.35M | 175.40M | 159.15M | 102.77M |
| Selling, General & Admin | 86.31M | 90.42M | 92.26M | 94.19M | 96.04M | 83.69M |
| Other Operating Expenses | -8.02M | -8.26M | -895.00K | -5.23M | 1.83M | 5.43M |
| Operating Expenses | 113.97M | 129.60M | 146.07M | 149.73M | 165.20M | 169.86M |
| Operating Income | 22.44M | 15.29M | 21.28M | 25.66M | -6.05M | -67.10M |
| Interest Expense | -5.66M | -7.71M | -8.80M | -9.57M | -10.57M | -10.33M |
| Interest & Investment Income | 1.86M | 1.86M | 1.07M | 1.38M | 291.00K | 158.00K |
| Currency Exchange Gain (Loss) | -900.00K | -1.30M | ||||
| Other Non Operating Income (Expenses) | 722.00K | 1.17M | 1.05M | 849.00K | 3.14M | -2.39M |
| EBT Excluding Unusual Items | 18.46M | 9.31M | 14.60M | 18.32M | -13.19M | -79.66M |
| Merger & Restructuring Charges | -11.13M | -11.64M | -10.96M | -2.50M | -4.17M | |
| Impairment of Goodwill | -10.00M | |||||
| Gain (Loss) on Sale of Assets | 3.60M | 15.30M | 2.86M | 6.47M | ||
| Asset Writedown | -100.32M | -100.32M | -14.55M | |||
| Legal Settlements | -2.75M | 6.10M | ||||
| Other Unusual Items | -8.47M | 120.00K | 515.00K | 176.00K | 4.02M | |
| Pretax Income | -97.86M | -102.53M | -7.85M | 15.82M | -4.06M | -73.33M |
| Income Tax Expense | 9.25M | 6.84M | 3.41M | 2.93M | 5.48M | -9.34M |
| Earnings From Continuing Operations | -107.11M | -109.38M | -11.26M | 12.89M | -9.54M | -63.99M |
| Net Income | -107.11M | -109.38M | -11.26M | 12.89M | -9.54M | -63.99M |
| Preferred Dividends & Other Adjustments | 65.00K | 251.00K | ||||
| Net Income to Common | -107.18M | -109.38M | -11.26M | 12.64M | -9.54M | -63.99M |
| Shares Outstanding (Basic) | 57.97M | 58.70M | 62.00M | 62.69M | 61.64M | 60.29M |
| Shares Outstanding (Diluted) | 57.97M | 58.70M | 62.00M | 63.15M | 61.64M | 60.29M |
| EPS (Basic) | -1.85 | -1.86 | -0.18 | 0.20 | -0.15 | -1.06 |
| EPS (Diluted) | -1.85 | -1.86 | -0.18 | 0.20 | -0.15 | -1.06 |
| Free Cash Flow | 33.95M | 73.93M | 8.39M | 25.92M | 12.60M | -10.32M |
| Free Cash Flow Per Share | 0.59 | 1.26 | 0.14 | 0.41 | 0.20 | -0.17 |
| Gross Margin | 20.98% | 21.66% | 24.16% | 22.42% | 21.57% | 17.93% |
| Operating Margin | 3.45% | 2.28% | 3.07% | 3.28% | -0.82% | -11.71% |
| Profit Margin | -16.48% | -16.35% | -1.62% | 1.62% | -1.29% | -11.16% |
| Free Cash Flow Margin | 5.22% | 11.05% | 1.21% | 3.31% | 1.71% | -1.80% |
| EBITDA | 58.12M | 62.73M | 75.99M | 86.44M | 61.28M | 13.64M |
| EBITDA Margin | 8.94% | 9.38% | 10.97% | 11.05% | 8.31% | 2.38% |
| D&A For EBITDA | 35.68M | 47.44M | 54.71M | 60.78M | 67.33M | 80.74M |
| EBIT | 22.44M | 15.29M | 21.28M | 25.66M | -6.05M | -67.10M |
| EBIT Margin | 3.45% | 2.28% | 3.07% | 3.28% | -0.82% | -11.71% |
| Effective Tax Rate | 18.54% | |||||
| Revenue as Reported | 650.25M | 668.99M | 692.59M | 782.28M | 737.71M | 573.16M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 22.91M | 69.91M | 65.36M | 47.11M | 42.02M | 52.85M |
| Cash & Short-Term Investments | 22.91M | 69.91M | 65.36M | 47.11M | 42.02M | 52.85M |
| Accounts Receivable | 194.62M | 194.04M | 187.90M | 198.41M | 212.59M | 176.11M |
| Other Receivables | 5.46M | 8.41M | 6.44M | 4.80M | 6.18M | 9.97M |
| Receivables | 200.09M | 202.44M | 194.34M | 203.21M | 218.77M | 186.08M |
| Inventory | 220.38M | 183.41M | 214.84M | 202.03M | 182.66M | 168.57M |
| Prepaid Expenses | 16.71M | 22.17M | 17.20M | 35.65M | 19.32M | 19.22M |
| Other Current Assets | 14.44M | 17.35M | 6.49M | |||
| Total Current Assets | 474.54M | 495.29M | 498.23M | 488.00M | 462.76M | 426.73M |
| Property, Plant & Equipment | 242.53M | 257.11M | 286.41M | 302.36M | 326.86M | 363.97M |
| Goodwill | 70.31M | 70.52M | 69.71M | 79.87M | 79.28M | 76.41M |
| Other Intangible Assets | 27.30M | 31.45M | 125.86M | 153.01M | 169.80M | 185.75M |
| Long-Term Deferred Tax Assets | 1.92M | 2.06M | 1.96M | 2.21M | 1.52M | 1.88M |
| Long-Term Deferred Charges | 997.00K | 1.62M | 1.11M | 1.89M | 2.67M | |
| Other Long-Term Assets | 28.01M | 25.99M | 21.32M | 19.93M | 22.28M | 28.34M |
| Total Assets | 844.60M | 883.43M | 1.01B | 1.05B | 1.06B | 1.09B |
| Accounts Payable | 70.43M | 68.09M | 57.71M | 67.55M | 73.25M | 63.34M |
| Accrued Expenses | 36.99M | 38.48M | 36.86M | 44.23M | 49.06M | 43.40M |
| Current Portion of Long-Term Debt | 1.62M | 53.37M | 633.00K | 627.00K | 17.83M | 18.26M |
| Current Portion of Leases | 5.93M | 7.29M | 7.28M | 6.88M | 6.14M | 6.48M |
| Current Income Taxes Payable | 1.09M | 1.76M | 2.82M | 1.23M | 2.60M | 2.56M |
| Current Unearned Revenue | 84.78M | 97.19M | 52.40M | 36.76M | 44.79M | 43.24M |
| Total Current Liabilities | 200.84M | 266.18M | 157.70M | 157.27M | 193.68M | 177.29M |
| Long-Term Debt | 18.42M | 1.67M | 124.65M | 135.50M | 135.07M | 160.49M |
| Long-Term Leases | 11.50M | 12.65M | 17.99M | 18.35M | 20.66M | 23.45M |
| Long-Term Deferred Tax Liabilities | 5.78M | 5.76M | 5.35M | 7.72M | 6.65M | 3.64M |
| Other Long-Term Liabilities | 24.48M | 23.97M | 18.76M | 18.11M | 18.78M | 25.06M |
| Total Liabilities | 261.02M | 310.24M | 324.45M | 336.94M | 374.83M | 389.92M |
| Common Stock | 821.00K | 805.00K | 786.00K | 772.00K | 766.00K | 739.00K |
| Additional Paid-In Capital | 1.16B | 1.15B | 1.14B | 1.13B | 1.12B | 1.11B |
| Retained Earnings | 174.42M | 164.28M | 273.66M | 284.92M | 272.03M | 281.57M |
| Treasury Stock | -684.33M | -671.27M | -652.21M | -635.40M | -626.59M | -625.58M |
| Comprehensive Income & Other | -67.38M | -66.26M | -79.53M | -69.98M | -78.94M | -66.03M |
| Shareholders' Equity | 583.58M | 573.19M | 680.65M | 709.54M | 689.56M | 695.83M |
| Total Liabilities & Equity | 844.60M | 883.43M | 1.01B | 1.05B | 1.06B | 1.09B |
| Total Debt | 37.47M | 74.98M | 150.56M | 161.35M | 179.70M | 208.68M |
| Net Cash (Debt) | -14.55M | -5.07M | -85.20M | -114.24M | -137.68M | -155.83M |
| Net Cash Per Share | -0.25 | -0.09 | -1.37 | -1.81 | -2.23 | -2.58 |
| Filing Date Shares Outstanding | 59.81M | 60.21M | 61.76M | 63.58M | 63.90M | 61.38M |
| Total Common Shares Outstanding | 59.81M | 59.66M | 61.49M | 63.33M | 63.90M | 61.38M |
| Working Capital | 273.70M | 229.11M | 340.52M | 330.73M | 269.09M | 249.44M |
| Book Value Per Share | 9.76 | 9.61 | 11.07 | 11.20 | 10.79 | 11.34 |
| Tangible Book Value | 485.97M | 471.21M | 485.08M | 476.67M | 440.48M | 433.67M |
| Tangible Book Value Per Share | 8.12 | 7.90 | 7.89 | 7.53 | 6.89 | 7.07 |
| Land | 34.49M | 28.72M | 30.62M | 32.88M | 33.54M | |
| Buildings | 210.13M | 219.99M | 221.80M | 247.27M | 255.53M | |
| Machinery | 405.60M | 458.99M | 493.89M | 838.63M | 857.69M | |
| Construction In Progress | 16.67M | 26.85M | 7.83M | 10.05M | 4.78M | |
| Order Backlog | 435.00M | 311.00M | 327.00M | 300.00M | 260.00M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -107.11M | -109.38M | -11.26M | 12.89M | -9.54M | -63.99M |
| Depreciation & Amortization | 35.68M | 47.44M | 54.71M | 60.78M | 67.33M | 80.74M |
| Other Amortization | 1.81M | 1.51M | 1.50M | 1.80M | 1.89M | 2.31M |
| Loss (Gain) From Sale of Assets | -6.62M | -7.70M | -18.33M | -4.08M | -2.86M | -6.47M |
| Asset Writedown & Restructuring Costs | 98.96M | 100.32M | 24.55M | 4.17M | ||
| Stock-Based Compensation | 10.51M | 7.71M | 8.72M | 6.95M | 6.85M | 7.88M |
| Other Operating Activities | 21.82M | 18.90M | -3.32M | -775.00K | 3.91M | -271.00K |
| Change in Accounts Receivable | 572.00K | -4.14M | 5.19M | 17.13M | -35.44M | -24.41M |
| Change in Inventory | -29.07M | 3.18M | -14.70M | -19.79M | -17.36M | -10.33M |
| Change in Accounts Payable | 164.00K | 5.88M | -19.38M | -11.74M | 18.18M | 17.73M |
| Change in Unearned Revenue | 11.58M | 44.80M | 15.64M | -8.03M | 1.55M | -148.00K |
| Change in Other Net Operating Assets | 9.01M | -3.41M | 2.58M | 1.44M | -1.65M | -8.00K |
| Operating Cash Flow | 47.30M | 105.12M | 45.89M | 56.58M | 32.86M | 7.19M |
| Capital Expenditures | -13.36M | -31.19M | -37.51M | -30.65M | -20.27M | -17.52M |
| Sale of Property, Plant & Equipment | 19.48M | 20.25M | 40.66M | 5.25M | 5.88M | 11.53M |
| Cash Acquisitions | -8.12M | |||||
| Other Investing Activities | -1.02M | -108.00K | -454.00K | -186.00K | -211.00K | -636.00K |
| Investing Cash Flow | 5.11M | -11.05M | 2.70M | -25.59M | -22.73M | -6.63M |
| Short-Term Debt Issued | 564.00K | 22.74M | 35.82M | |||
| Long-Term Debt Issued | 10.09M | 147.87M | ||||
| Total Debt Issued | 94.32M | 564.00K | 22.74M | 35.82M | 10.09M | 147.87M |
| Short-Term Debt Repaid | -564.00K | -22.74M | -35.82M | |||
| Long-Term Debt Repaid | -70.90M | -11.50M | -17.77M | -29.27M | -158.06M | |
| Total Debt Repaid | -175.90M | -71.47M | -34.24M | -53.59M | -29.27M | -158.06M |
| Net Debt Issued (Repaid) | -81.58M | -70.90M | -11.50M | -17.77M | -19.18M | -10.18M |
| Repurchase of Common Stock | -13.48M | -19.07M | -16.81M | -8.81M | -1.00M | -1.59M |
| Other Financing Activities | -2.01M | -188.00K | -1.18M | -128.00K | -105.00K | -7.79M |
| Financing Cash Flow | -97.08M | -90.16M | -29.48M | -26.71M | -20.29M | -19.57M |
| Foreign Exchange Rate Adjustments | 524.00K | 637.00K | -860.00K | 819.00K | -682.00K | -159.00K |
| Net Cash Flow | -44.14M | 4.55M | 18.25M | 5.09M | -10.83M | -19.16M |
| Free Cash Flow | 33.95M | 73.93M | 8.39M | 25.92M | 12.60M | -10.32M |
| Free Cash Flow Margin | 5.22% | 11.05% | 1.21% | 3.31% | 1.71% | -1.80% |
| Free Cash Flow Per Share | 0.59 | 1.26 | 0.14 | 0.41 | 0.20 | -0.17 |
| Levered Free Cash Flow | 60.23M | 93.43M | 43.27M | 8.85M | 15.71M | 18.54M |
| Unlevered Free Cash Flow | 61.96M | 96.74M | 47.27M | 13.04M | 20.43M | 22.68M |
| Cash Interest Paid | 5.61M | 7.15M | 7.44M | 7.87M | 8.34M | 6.53M |
| Cash Income Tax Paid | 9.10M | 7.09M | 3.85M | 1.26M | 534.00K | 152.00K |
| Change in Working Capital | -7.75M | 46.31M | -10.67M | -21.00M | -34.72M | -17.17M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 574.16M | 404.48M | 319.34M | 433.81M | 476.71M | 305.04M |
| Enterprise Value | 588.71M | 463.64M | 425.32M | 542.16M | 626.46M | 449.75M |
| Last Close Price | 9.60 | 6.77 | 5.06 | 6.79 | 7.46 | 4.97 |
| PE Ratio | 34.32 | |||||
| Forward PE | 16.99 | 16.72 | 21.53 | 17.77 | 34.70 | 90.07 |
| PS Ratio | 0.88 | 0.60 | 0.46 | 0.56 | 0.65 | 0.53 |
| PB Ratio | 0.98 | 0.71 | 0.47 | 0.61 | 0.69 | 0.44 |
| P/TBV Ratio | 1.18 | 0.86 | 0.66 | 0.91 | 1.08 | 0.70 |
| P/FCF Ratio | 16.91 | 5.47 | 38.08 | 16.73 | 37.85 | |
| P/OCF Ratio | 12.14 | 3.85 | 6.96 | 7.67 | 14.51 | 42.40 |
| PEG Ratio | 4.35 | 4.35 | 4.35 | 4.35 | 4.35 | |
| EV/Sales Ratio | 0.91 | 0.69 | 0.61 | 0.69 | 0.85 | 0.79 |
| EV/EBITDA Ratio | 10.13 | 7.39 | 5.60 | 6.27 | 10.22 | 32.97 |
| EV/EBIT Ratio | 26.24 | 30.33 | 19.99 | 21.12 | ||
| EV/FCF Ratio | 17.34 | 6.27 | 50.72 | 20.91 | 49.73 | |
| Debt / Equity Ratio | 0.06 | 0.13 | 0.22 | 0.23 | 0.26 | 0.30 |
| Debt / EBITDA Ratio | 0.56 | 1.02 | 1.70 | 1.62 | 2.42 | 7.65 |
| Debt / FCF Ratio | 1.10 | 1.01 | 17.95 | 6.22 | 14.27 | |
| Net Debt / Equity Ratio | 0.03 | 0.01 | 0.12 | 0.16 | 0.20 | 0.22 |
| Net Debt / EBITDA Ratio | 0.25 | 0.08 | 1.12 | 1.32 | 2.25 | 11.42 |
| Net Debt / FCF Ratio | 0.43 | 0.07 | 10.16 | 4.41 | 10.93 | -15.10 |
| Asset Turnover | 0.70 | 0.71 | 0.68 | 0.74 | 0.69 | 0.51 |
| Inventory Turnover | 2.32 | 2.63 | 2.52 | 3.15 | 3.29 | 2.78 |
| Quick Ratio | 1.11 | 1.02 | 1.65 | 1.59 | 1.35 | 1.35 |
| Current Ratio | 2.36 | 1.86 | 3.16 | 3.10 | 2.39 | 2.41 |
| Return on Equity (ROE) | -16.83% | -17.45% | -1.62% | 1.84% | -1.38% | -8.81% |
| Return on Assets (ROA) | 1.51% | 1.01% | 1.30% | 1.52% | -0.35% | -3.75% |
| Return on Invested Capital (ROIC) | 3.75% | 2.27% | 2.68% | 2.53% | -0.72% | -7.63% |
| Return on Capital Employed (ROCE) | 3.50% | 2.50% | 2.50% | 2.90% | -0.70% | -7.40% |
| Earnings Yield | -19.26% | -27.04% | -3.52% | 2.97% | -2.00% | -20.98% |
| FCF Yield | 5.91% | 18.28% | 2.63% | 5.97% | 2.64% | -3.38% |
| Buyback Yield / Dilution | 2.73% | 5.33% | 1.82% | -2.46% | -2.23% | -0.80% |