Expro Group Holdings N.V.

XPRO Energy Oil & Gas Equipment & Services

Expro Group Holdings N.V.’s revenue for fiscal 2025 (year ended December 2025) was $1.6 billion, down 6.17% from fiscal 2024.

Revenue
+6.95%
EPS
−138.6%
Free cash flow
−23.8%
Total debt
+141.8%

Quarter to September 2026, against a year earlier

13.21 0.37 +2.88%
Market cap
$1.4B
P/E
935×
Fwd P/E
21.3×
Dividend yield
—
F-score
6/9
Altman Z
2.08
Beneish M
−2.88
Dividend safety
n/a

Insider Decisions last twelve months

Sold, $m 0.19
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — 2 — — — — —
Insider Ownership 1.03%

Capital & Financial Ratios $m

Size
Market Cap 1,440.00
Revenue ttm 1,582.83
Net income ttm 1.57
Free cash flow ttm 106.52
Net debt Q 98.52
Valuation
P/E 935.04 (above 35: high)
Forward P/E 21.30
Price / sales 0.91
Forward P/S Powerpack
Price / FCF 14.60
Price / book 0.96
Financial health
Current ratio Q 1.82 (at or above 1.5: strong)
Debt / equity Q 0.18 (at or below 0.5: strong)
Interest coverage Q 0.84
Growth
Revenue growth Q +6.95% (above 0%: growing)
Operating income growth Q −81.56% (below 0%: shrinking)
EPS, this year +64.42% (at or above 15%: strong)
EPS, next year A −4.62% (below 0%: weak)
Revenue, next year A +2.48%
EPS, past 5 yrs —
EPS, next 5 yrs A +24.58% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 14.45%
10-year low 10-year high
P/B against its own 10 years 15.33%
10-year low 10-year high
EV/Sales against its own 10 years 19.99%
10-year low 10-year high
EV/FCF against its own 10 years 34.84%
10-year low 10-year high

Dividends

Yield
—
Annual rate
—
Payout ratio
—
Growth, 2016–23
−100.0%/yr
  1. 2.70 ’16
  2. 1.35 ’17 −50
  3. 0.00 ’19 −100
  4. 0.00 ’20
  5. 0.00 ’21
  6. 0.00 ’22
  7. 0.00 ’23
paid change on the year, %

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 153 185 197 173
Receivables 497 546 509 528
Inventory 143 159 168 184
Other 58 74 86 121
852 964 960 1,004
2023 2024 2025 Q'26
Payables 326 340 269 316
ST’ Debt — — — —
Other 98 72 103 154
489 484 444 552

Compound Annual Growth %

10y 5y 3y
Sales 5.13% 18.94% 7.90%
Cash Flow (6.86%) 24.45% 37.89%
Earnings (4.17%) 0.00% 0.00%
Book Value 0.56% 20.18% 6.06%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (0.01) 0.02 (0.05) — —
’25 0.12 0.16 0.12 0.05 0.45
’24 (0.02) 0.13 0.14 0.19 0.45
’23 (0.06) 0.08 (0.13) (0.11) (0.21)
’22 (0.10) (0.04) (0.16) 0.12 (0.18)
’21 (0.29) (0.12) (0.17) (1.06) (1.64)
’20 (2.28) (0.90) (0.72) (0.24) (4.14)
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 368 393 440 — —
’25 391 423 411 382 1,607
’24 383 470 423 437 1,713
’23 339 397 370 407 1,513
’22 280 314 334 351 1,279
’21 156 176 198 296 826
’20 123 86 84 381 675
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 25 81 65 — —
’25 42 48 63 57 210
’24 30 (13) 55 97 169
’23 21 25 59 33 138
’22 (14) 2 (1) 93 80
’21 10 (7) (2) 16 16
’20 (22) 26 21 45 70
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 0 50 34 — —
’25 8 27 44 23 103
’24 (1) (47) 23 53 29
’23 (7) (4) 34 (5) 18
’22 (33) (19) (20) 69 (2)
’21 (11) (27) (19) (9) (62)
’20 (32) 16 16 (42) (42)
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.5
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 488 455 522 810 675 826 1,279 1,513 1,713 1,607 1,583 +14.2% 1,647 1,752 1,789 +3.6%
Gross margin, % 34.92 24.16 27.45 16.40 16.02 15.09 17.36 17.95 22.15 23.89 21.66 (11.0) pt
EBT (182) (87) (94) (66) (310) (116) 21 21 98 86 34 n/m
EBT margin, % (37.27) (19.03) (17.93) (8.13) (45.99) (14.00) 1.65 1.38 5.72 5.37 2.13 +42.6 pt
Net income (156) (159) (91) (65) (307) (132) (20) (23) 52 52 2 n/m
Per share, $
Per share, $ Revenue 16.56 12.24 13.99 11.43 9.52 10.25 11.73 13.86 14.92 13.98 14.09 (1.9%)
Earnings (4.62) (4.32) (2.46) (0.91) (4.14) (1.64) (0.18) (0.21) 0.45 0.45 0.01 n/m
Cash flow (0.37) 0.67 (0.87) 1.15 0.99 0.20 0.74 1.27 1.48 1.83 2.04 n/m
Capex (1.30) (0.21) (1.32) (1.47) (1.59) (0.96) (0.76) (1.10) (1.23) (0.93) (1.09) (3.6%)
Free cash flow (1.67) 0.45 (2.20) (0.32) (0.59) (0.76) (0.02) 0.17 0.25 0.89 0.95 n/m
Book value 44.55 30.03 27.71 11.43 8.63 16.11 11.79 11.87 13.00 13.34 13.36 (12.5%)
Shares, m 29 37 37 71 71 81 109 109 115 115 114 +16.3%
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 27.71 29.67 935.04 5.7
P/S 4.56 3.40 2.24 2.71 1.73 1.40 1.45 1.14 0.84 0.96 0.91 2.0
P/B 1.70 1.39 1.13 2.71 1.90 0.89 1.45 1.34 0.96 1.00 0.96 1.4
EV/Sales 3.91 2.77 1.83 2.51 1.58 1.14 1.30 1.07 0.81 0.89 0.98 1.8
EV/FCF (38.82) 74.83 (11.67) (89.09) (25.47) (15.26) (685.74) 158.23 66.67 15.16 15.68 (55.1)
Cash, $m
Cash, $m Operating cash flow (11) 25 (33) 81 70 16 80 138 169 210 229 n/m
Capex (38) (8) (49) (104) (112) (78) (83) (120) (141) (107) (122) +12.1%
Free cash flow (49) 17 (82) (23) (42) (62) (2) 18 29 103 107 n/m
Balance, $m
Balance, $m Working capital 541 394 362 338 204 433 428 363 480 517 452 (0.5%)
Net debt (319) (289) (207) (164) (104) (224) (205) (117) (50) (106) 99 (11.6%)
Shareholders’ equity 1,311 1,116 1,035 810 612 1,298 1,286 1,296 1,491 1,534 1,501 +1.8%
Returns, %
Returns, % ROA (8.17) (11.19) (7.39) (5.92) (30.19) (9.11) (1.06) (1.18) 2.39 2.25 0.06 +10.4 pt
ROIC (10.29) (16.24) (7.01) (7.01) (39.63) (7.43) 0.14 0.57 4.08 3.55 1.18 +13.8 pt
ROE (9.80) (13.14) (8.44) (7.02) (43.18) (13.81) (1.56) (1.81) 3.73 3.42 0.10 +13.2 pt
People
People Employees 3,000 2,900 3,100 3,100 2,400 7,200 7,600 8,000 8,500 8,500 — +12.3%
Revenue/emp, $m 0.16 0.16 0.17 0.26 0.28 0.11 0.17 0.19 0.20 0.19 — +1.7%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

Expro Group Holdings N.V. vs peers in Oil & Gas Equipment & Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
WTTR Select Water Solutions, Inc. $2.0B 58.0× 36.7× +8.67% (above 0%: growing) +70.00% (above 0%: growing) +56.98% (above 0%: growing) 19.41% 8.68% Compare
NESR National Energy Services Reunited $1.9B 20.4× 13.4× +59.07% (above 0%: growing) +175.00% (above 0%: growing) +45.79% (above 0%: growing) 15.61% 12.45% Compare
LBRT Liberty Energy Inc. $1.9B 47.4× 97.1× +26.26% (above 0%: growing) n/m −548.07% (below 0%: shrinking) 16.81% 1.61% Compare
INVX Innovex International, Inc. $1.7B 35.1× 31.2× +10.44% (above 0%: growing) −34.09% (below 0%: shrinking) −39.84% (below 0%: shrinking) 36.17% 12.20% Compare
FLOC Flowco Holdings Inc. $1.7B 11.9× 15.6× +22.07% (above 0%: growing) +38.10% (above 0%: growing) +7.07% (above 0%: growing) 53.60% 17.48% Compare
NEXT NextDecade Corporation $1.6B 4.9× — — n/m +24.70% (above 0%: growing) 0.00% 0.00% Compare
XPRO Expro Group Holdings N.V. $1.4B 935× 21.3× +6.95% (above 0%: growing) n/m −23.77% (below 0%: shrinking) 21.65% 1.11%
RES RPC, Inc. $1.2B — (loss-making) 23.7× +4.61% (above 0%: growing) n/m −35.59% (below 0%: shrinking) 25.22% (11.50%) Compare
VTOL Bristow Group Inc. $1.1B 13.4× 12.1× +13.37% (above 0%: growing) −47.25% (below 0%: shrinking) −292.76% (below 0%: shrinking) 28.68% 10.89% Compare
Median of peers $1.7B 20.4× 23.7× +13.37% +38.10% −14.26% 22.32% 9.78%

All 48 Oil & Gas Equipment & Services stocks →

Expro Group Holdings N.V. (XPRO) Latest News

4 Nov

Impact 3 · · MarketBeat transcript

3 Nov

Impact 3 · · The Motley Fool transcript
Impact 3 · · StockStory
Impact 3 · · Business Wire

23 Oct

Impact 3 · · StockStory

5 Oct

Impact 3 · · StockStory

1 Apr

Impact 4 · · Business Wire
stockrow.com/XPRO · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com