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. In the quarter to June 2026, revenue fell 6.99%, EPS fell 88.8%, free cash flow grew 56.1% and total debt fell 32.4%, each against the same quarter a year earlier. Operating cash flow growth for three consecutive years.

16.26 0.57 +3.63%
Market cap
$1.8B
P/E
91.4×
Fwd P/E
20.6×
Dividend yield
—
F-score
6/9
Altman Z
2.08
Beneish M
−2.88
Dividend safety
n/a

Insider Decisions trades per month

Total sells 0.19
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — 2 — — — —
Insider Ownership 1.69%

Capital & Financial Ratios $m

Market Cap 1,760.00
Revenue 1,554.24
Net Income 20.73
Free Cash Flow 111.98
Net Debt (108.38)
Current Ratio 2.05 (at or above 1.5: strong)
Debt/Equity 0.06 (at or below 0.5: strong)
P/E ratio 91.40 (above 35: high)
Fwd P/E 20.60
P/S ratio 1.18
P/B ratio 1.22
Past 5Y EPS Growth —
This Y EPS Growth 94.09% (at or above 15%: strong)
Next Y EPS Growth 6.71%
Next Y revenue growth 2.73%
Next 5Y EPS Growth 34.22% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 25.47%
10-year low 10-year high
P/B against its own 10 years 34.94%
10-year low 10-year high
EV/Sales against its own 10 years 26.43%
10-year low 10-year high
EV/FCF against its own 10 years 36.84%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 1.35
0.45
0.45
0.45
2016 2.70
0.90
0.90
0.45
0.45
special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 153 185 197 200
Receivables 497 546 509 515
Inventory 143 159 168 171
Other 58 74 86 98
852 964 960 984
2023 2024 2025 Q'26
Payables 326 340 269 305
ST’ Debt — — — —
Other 98 72 103 100
489 484 444 481

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%

Revenue $m

Mar Jun Sep Dec Year
’26 368 393 — — —
’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 — — —
’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 — — —
’25 8 32 39 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.

EPS $

Mar Jun Sep Dec Year
’26 (0.01) 0.02 — — —
’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.

Target Price Range

Analyst price targets

Recommendation Rating

2.5
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 62.82 34.74 28.80 23.88 8.94 11.74 8.82 14.33 10.71 6.70

Analyst estimates 2026–2028

Powerpack
High 106.38 78.00 58.50 41.34 31.38 32.64 19.68 25.04 24.50 15.04
People
People Employees 3,000 2,900 3,100 3,100 2,400 7,200 7,600 8,000 8,500 8,500
Revenue/emp, $m 0.16 0.16 0.17 0.26 0.28 0.11 0.17 0.19 0.20 0.19
Income, $m
Income, $m Revenue 488 455 522 810 675 826 1,279 1,513 1,713 1,607
Gross margin, % 34.92 24.16 27.45 16.40 16.02 15.09 17.36 17.95 22.15 23.89
EBT (182) (87) (94) (66) (310) (116) 21 21 98 86
EBT margin, % (37.27) (19.03) (17.93) (8.13) (45.99) (14.00) 1.65 1.38 5.72 5.37
Net income (156) (159) (91) (65) (307) (132) (20) (23) 52 52
Depreciation 114 122 111 123 114 124 140 172 163 192
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
Earnings (4.62) (4.32) (2.46) (0.91) (4.14) (1.64) (0.18) (0.21) 0.45 0.45
Cash flow (0.37) 0.67 (0.87) 1.15 0.99 0.20 0.74 1.27 1.48 1.83
Capex (1.30) (0.21) (1.32) (1.47) (1.59) (0.96) (0.76) (1.10) (1.23) (0.93)
Free cash flow (1.67) 0.45 (2.20) (0.32) (0.59) (0.76) (0.02) 0.17 0.25 0.89
Book value 44.55 30.03 27.71 11.43 8.63 16.11 11.79 11.87 13.00 13.34
Shares, m 29 37 37 71 71 81 109 109 115 115
Valuation, ×
Valuation, × P/E 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 27.71 29.67
P/S 4.56 3.40 2.24 2.71 1.73 1.40 1.45 1.14 0.84 0.96
P/B 1.70 1.39 1.13 2.71 1.90 0.89 1.45 1.34 0.96 1.00
EV/Sales 3.91 2.77 1.83 2.51 1.58 1.14 1.30 1.07 0.81 0.89
EV/FCF (38.82) 74.83 (11.67) (89.09) (25.47) (15.26) (685.74) 158.23 66.67 15.16
Cash, $m
Cash, $m Operating cash flow (11) 25 (33) 81 70 16 80 138 169 210
Capex (38) (8) (49) (104) (112) (78) (83) (120) (141) (107)
Free cash flow (49) 17 (82) (23) (42) (62) (2) 18 29 103
Balance, $m
Balance, $m Working capital 541 394 362 338 204 433 428 363 480 517
Total debt 0 5 6 33 17 16 14 36 135 92
Net debt (319) (289) (207) (164) (104) (224) (205) (117) (50) (106)
Shareholders’ equity 1,311 1,116 1,035 810 612 1,298 1,286 1,296 1,491 1,534
Returns, %
Returns, % ROA (8.17) (11.19) (7.39) (5.92) (30.19) (9.11) (1.06) (1.18) 2.39 2.25
ROIC (10.29) (16.24) (7.01) (7.01) (39.63) (7.43) 0.14 0.57 4.08 3.55
ROE (9.80) (13.14) (8.44) (7.02) (43.18) (13.81) (1.56) (1.81) 3.73 3.42
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 9 Oct 2026

Charts ten years each

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. $2.4B 69.0× 46.2× +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 19.9× 14.9× +59.07% (above 0%: growing) +175.00% (above 0%: growing) +45.79% (above 0%: growing) 15.61% 12.45% Compare
INVX Innovex International, Inc. $1.9B 31.5× 12.0× +9.21% (above 0%: growing) +63.64% (above 0%: growing) −39.84% (below 0%: shrinking) 34.16% 13.79% Compare
XPRO Expro Group Holdings N.V. $1.8B 91.4× 20.6× −6.99% (below 0%: shrinking) −88.81% (below 0%: shrinking) +56.10% (above 0%: growing) 20.86% 2.64%
FLOC Flowco Holdings Inc. $1.7B 11.7× 16.2× +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 — (loss-making) — — n/m −35.67% (below 0%: shrinking) 0.00% 0.00% Compare
HOS Hornbeck Offshore Services Inc $1.5B 25.4× 30.5× +20.79% (above 0%: growing) n/m +320.12% (above 0%: growing) 18.49% 8.79% Compare
RES RPC, Inc. $1.3B 64.4× 31.0× +9.52% (above 0%: growing) 0.00% −46.52% (below 0%: shrinking) 24.99% 3.21% Compare
AESI Atlas Energy Solutions Inc. $1.3B — (loss-making) — (loss-making) +1.56% (above 0%: growing) n/m −414.37% (below 0%: shrinking) 24.52% (7.69%) Compare
Median of peers $1.6B 28.4× 23.4× +9.52% +63.64% −14.30% 21.97% 8.74%

All 46 Oil & Gas Equipment & Services stocks →

Expro Group Holdings N.V. (XPRO) key facts

  • Concern: Expro Group Holdings N.V.’s revenue for fiscal 2025 (year ended December 2025) was $1.6 billion, down 6.17% from fiscal 2024.
  • Expro Group Holdings N.V. (XPRO) is an Oil & Gas Equipment & Services company in the Energy sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, XPRO traded at $16.26, a market capitalization of $1.8 billion.
  • Return on equity was 3.42% and debt-to-equity 0.06.
  • Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 2.08 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations · fundamentals updated Oct 9, 2026.

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

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stockrow.com/XPRO · Data as of Oct 9, 2026 · For information only; not investment advice. · © 2026 stockrow.com