Flowco Holdings Inc. (FLOC) vs RPC, Inc. (RES)

Flowco Holdings Inc. and RPC, Inc. are both Oil & Gas Equipment & Services companies. Flowco Holdings Inc. is the larger, with a market value of $1.7B against $1.2B — 1.4× the size. RPC, Inc. has negative trailing earnings, so its P/E is not meaningful; Flowco Holdings Inc. trades at 11.9×. RPC, Inc. grew revenue faster over the last twelve months: 17.8% against 7.70%. Flowco Holdings Inc. has the higher net margin (6.07% vs −1.84%) and the higher return on invested capital (14.7% vs −2.74%). Both pay a dividend; RPC, Inc. yields more (2.84% vs 1.78%). Across the 20 metrics below, Flowco Holdings Inc. leads on 11 and RPC, Inc. on 9.

Valuation

Metric FLOC RES Oil & Gas Equipment & Services median
P/E 11.85 n/m 20.53
P/S 1.00 0.67 1.08
P/B 2.24 1.13 1.64
Price to free cash flow 6.02 22.94 12.36
EV/EBITDA 3.30 8.36 8.00
EV/Sales 1.35 0.59 1.29
Earnings yield 8.44% (2.86%) 3.88%
Free cash flow yield 16.60% 4.36% 5.18%

Profitability

Metric FLOC RES Oil & Gas Equipment & Services median
Gross margin 55.06% 23.30% 22.88%
Operating margin 18.80% (2.23%) 7.44%
Net margin 6.07% (1.84%) 4.12%
Free cash flow margin 16.56% 2.92% 3.10%
Return on equity 19.29% (3.07%) 5.46%
Return on assets 2.82% (2.31%) 2.63%
Return on invested capital 14.74% (2.74%) 4.26%

Growth

Metric FLOC RES Oil & Gas Equipment & Services median
Revenue growth (TTM) 7.70% 17.77% 4.65%
EPS growth (last fiscal year) (88.09%) (65.12%) (13.00%)
Revenue growth, 5-year CAGR — 22.14% 12.57%
Net income growth, 5-year CAGR — 0.00% 0.00%

Health

Metric FLOC RES Oil & Gas Equipment & Services median
Debt to equity 0.84 0.03 0.44
Current ratio 2.67 3.52 2.04
Net debt to EBITDA 0.57 (0.77) 1.12

Dividend

Metric FLOC RES Oil & Gas Equipment & Services median
Dividend yield 1.78% 2.84% 1.49%
Payout ratio 0.27 1.70 0.36

Size

Metric FLOC RES Oil & Gas Equipment & Services median
Market cap 1.70b 1.24b 1.44b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack