Core Laboratories Inc. (CLB) vs ProPetro Holding Corp. (PUMP)

Core Laboratories Inc. and ProPetro Holding Corp. are both Oil & Gas Equipment & Services companies. ProPetro Holding Corp. is the larger, with a market value of $1.2B against $481.3M — 2.4× the size. ProPetro Holding Corp. has negative trailing earnings, so its P/E is not meaningful; Core Laboratories Inc. trades at 20.0×. Core Laboratories Inc. grew revenue faster over the last twelve months: 0.35% against −15.1%. Core Laboratories Inc. has the higher net margin (4.69% vs −1.15%) and the higher return on invested capital (8.08% vs −0.73%). Across the 19 metrics below, Core Laboratories Inc. leads on 11 and ProPetro Holding Corp. on 8.

Valuation

Metric CLB PUMP Oil & Gas Equipment & Services median
P/E 19.97 n/m 24.78
P/S 0.92 1.01 1.28
P/B 1.72 1.23 1.85
Price to free cash flow 32.68 n/m 15.03
EV/EBITDA 9.27 7.51 8.93
EV/Sales 1.12 1.02 1.40
Earnings yield 5.01% (1.18%) 3.12%
Free cash flow yield 3.06% (0.10%) 5.01%

Profitability

Metric CLB PUMP Oil & Gas Equipment & Services median
Gross margin 19.52% 22.69% 23.27%
Operating margin 9.21% (0.97%) 9.34%
Net margin 4.69% (1.15%) 4.69%
Free cash flow margin 2.82% (0.10%) 5.05%
Return on equity 8.92% (1.50%) 4.92%
Return on assets 4.10% (0.81%) 2.37%
Return on invested capital 8.08% (0.73%) 4.32%

Growth

Metric CLB PUMP Oil & Gas Equipment & Services median
Revenue growth (TTM) 0.35% (15.14%) 6.08%
EPS growth (last fiscal year) 3.03% 100.60% —
Revenue growth, 5-year CAGR 1.56% 9.97% 10.60%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric CLB PUMP Oil & Gas Equipment & Services median
Debt to equity 0.41 0.82 0.46
Current ratio 2.12 4.09 2.11
Net debt to EBITDA 1.23 0.15 0.76

Dividend

Metric CLB PUMP Oil & Gas Equipment & Services median
Dividend yield 0.27% — 2.12%
Payout ratio 0.08 0.00 0.00

Size

Metric CLB PUMP Oil & Gas Equipment & Services median
Market cap 481.33m 1.17b 1.81b

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