Earnings slid into a loss. Loss per share this year after a profit last year.
Oil States International made a loss per share in its latest year after a profit the year before.
Valuation signals disagree. Cheaper than 72% of peers on free cash flow, but only 0% on earnings.
Relative to its free cash flow, Oil States International looks cheaper than 72% of peers; relative to its earnings, cheaper than only 0%. The valuation score blends the two, so look at which measure fits this business best.
Share count shrinking. Shares outstanding down 5.6% from December 2022 to July 2026.
Oil States International had 5.6% fewer shares at July 2026 than at December 2022, mainly through buybacks, so each remaining share owns a larger slice of the business.
Loss over 12 months, profit last quarter. Lost money in the 12 months to June 2026, but made a $5.9M profit in the quarter to June 2026.
Oil States International reported a net loss over the last twelve months, but its most recent quarter was profitable ($5.9M). One quarter isn't a trend, but it's closer to profitability than the 12-month figure suggests.
StockQuotient Score
24/ 100▲ 1 since Oct 27 closeOct 5 23 → Nov 4 24 (+1)
Sector-normalized EBITDA, earnings, and free cash flow yields.
Earnings yield-20.3%
SEC filings · 12 months to Jun 2026Negative (a loss or cash outflow), so it counts as zero whatever the share price30% base weight · Z-score -1.49Sector median: 0.0522 · MAD: 0.0351
EBITDA yield-10.0%
SEC filings · 12 months to Jun 2026Negative (a loss or cash outflow), so it counts as zero whatever the share price50% base weight · Z-score -2.33Sector median: 0.1209 · MAD: 0.0518
Free cash flow yield10.1%
SEC filings · 12 months to Jun 2026 · operating cash flow − capital spendingReported value20% base weight · Z-score 0.79Sector median: 0.0618 · MAD: 0.0491
Why it changed since the Oct 27, 2026 close: Score 0 → 3
Peer companies moved+3
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about Oil States International
Is Oil States International getting weaker?
Its latest SEC filing (Jul 30, 2026) got stronger: debt down 66%. Its overall score is 24/100, up 1 since Oct 28, 2026.
How is Oil States International valued vs its peers?
Priced higher than most peers relative to what it earns. Valuation scores 9/100 against 404 energy peers.Free cash flow yield 10.1% vs a peer median of 6.2% (stronger than 72% of peers).Free cash flow yield 10.1% vs peers 6.2% (stronger than 72% of peers).Earnings yield -20.3% vs a peer median of 5.2% (weaker than 100% of peers).Earnings yield -20.3% vs peers 5.2% (weaker than 100% of peers).
Is Oil States International growing?
More slowly than most of its peers. Growth scores 19/100 against 404 energy peers.3-year revenue growth -5.8% vs a peer median of -1.3% (weaker than 65% of peers).3-year revenue growth -5.8% vs peers -1.3% (weaker than 65% of peers).
How profitable is Oil States International?
Less profitable than most of its peers. Profitability scores 3/100 against 404 energy peers.Return on assets -12.9% vs a peer median of 4.4% (weaker than 100% of peers).Return on assets -12.9% vs peers 4.4% (weaker than 100% of peers).
How risky is Oil States International?
Moderate risk relative to 404 energy peers, judged on debt, liquidity and share-price swings.Debt / equity 0.03× vs a peer median of 0.47× (stronger than 93% of peers).Debt / equity 0.03× vs peers 0.47× (stronger than 93% of peers).Beta 1.20 vs a peer median of 0.57 (weaker than 92% of peers).Beta 1.20 vs peers 0.57 (weaker than 92% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Jul 30, 2026 · compared with the quarter ended Mar 31, 2026
Got stronger
Debt down 66%
Worth watching: Oil States International is in the bottom fifth of its sector on profitability. From 2021 to 2025, 63% of companies in that position posted a loss over the following year, against 4% for the top fifth.
Previous quarter
Latest quarter
Change
Revenue (12 months)
654.4M USD
645.7M USD
−1.3%
Net income (12 months)
−111.4M USD
−108.3M USD
−2.8%
Operating margin
-15.2%
-14.4%
+0.8 pts
Free cash flow (12 months)
67.7M USD
53.8M USD
−20.5%
Debt
54.9M USD
18.4M USD
−66.5%
Cash
59.0M USD
19.8M USD
−66.4%
Shares outstanding
60.2M
60.3M
+0.2%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Sector: Energy · 117 companies
Valuations in Energy are above their usual range since 2016.
71% of months since 2016 were valued lower than now.
41% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +37% and earnings +10% (medians): prices rose faster than earnings.
Median price-to-sales is −30% vs the whole market, against a usual −35%.
2016Shaded: most expensive fifth of its range2026
Shown for Energy: too few Oil & Gas Equipment & Services companies have a long enough history of their own.
This is a cyclical group: after a downturn, trailing earnings and sales fall faster than prices, which can make valuations look high near a cycle's low.
Describes valuations since 2016; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, EBITDA, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025
Change
Gross margin
17.9%
21.6%
22.4%
22.6%
19.9%
▼ 2.7 pts
Operating margin
-11.3%
0.4%
3.0%
-0.2%
-14.6%
▼ 14 pts
Net margin
-11.2%
-1.3%
1.6%
-1.6%
-16.3%
▼ 15 pts
Return on assets (ROA)
-5.9%
-0.9%
1.2%
-1.1%
-12.4%
▼ 11 pts
Return on equity (ROE)
-9.2%
-1.4%
1.8%
-1.7%
-19.1%
▼ 17 pts
Free cash flow margin
-1.8%
1.7%
3.3%
1.2%
11.1%
▲ 9.8 pts
Current ratio
2.41×
2.39×
3.10×
3.16×
1.86×
▼ 41%
Quick ratio
1.46×
1.45×
1.82×
1.80×
1.17×
▼ 35%
Debt to equity
0.26×
0.22×
0.19×
0.18×
0.10×
▼ 48%
Interest coverage
-6.27×
0.27×
2.42×
-0.19×
-12.70×
▼ >999%
OIS price history
Price history is added with the daily price update and will appear after the next one.