Drilling Tools International Corp. (DTI) vs Dawson Geophysical Company (DWSN)

Drilling Tools International Corp. and Dawson Geophysical Company are both Oil & Gas Equipment & Services companies. Dawson Geophysical Company is the larger, with a market value of $95.7M against $86.4M — 1.1× the size. Drilling Tools International Corp. has negative trailing earnings, so its P/E is not meaningful; Dawson Geophysical Company trades at 24.1×. Dawson Geophysical Company grew revenue faster over the last twelve months: 86.3% against −5.48%. Dawson Geophysical Company has the higher net margin (3.49% vs −1.96%) and the higher return on invested capital (12.4% vs 1.42%). Across the 18 metrics below, Drilling Tools International Corp. leads on 9 and Dawson Geophysical Company on 9.

Valuation

Metric DTI DWSN Oil & Gas Equipment & Services median
P/E n/m 24.08 24.78
P/S 0.56 0.86 1.28
P/B 0.72 4.48 1.85
Price to free cash flow 17.23 n/m 15.03
EV/EBITDA 4.35 7.82 8.93
EV/Sales 0.90 0.90 1.40
Earnings yield (3.67%) 4.15% 3.12%
Free cash flow yield 5.80% (4.69%) 5.01%

Profitability

Metric DTI DWSN Oil & Gas Equipment & Services median
Gross margin 72.51% 22.31% 23.27%
Operating margin 2.53% 4.59% 9.34%
Net margin (1.96%) 3.49% 4.69%
Free cash flow margin 3.27% (4.03%) 5.05%
Return on equity (2.49%) 19.96% 4.92%
Return on assets (1.31%) 7.20% 2.37%
Return on invested capital 1.42% 12.43% 4.32%

Growth

Metric DTI DWSN Oil & Gas Equipment & Services median
Revenue growth (TTM) (5.48%) 86.31% 6.08%
EPS growth (last fiscal year) (222.22%) 53.85% —
Revenue growth, 5-year CAGR — (2.56%) 10.60%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric DTI DWSN Oil & Gas Equipment & Services median
Debt to equity 0.45 0.51 0.46
Current ratio 2.18 0.87 2.11
Net debt to EBITDA 1.10 1.51 0.76

Dividend

Metric DTI DWSN Oil & Gas Equipment & Services median
Dividend yield — — 2.12%
Payout ratio — 0.00 0.00

Size

Metric DTI DWSN Oil & Gas Equipment & Services median
Market cap 86.44m 95.65m 1.81b

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