Flotek Industries, Inc. (FTK) vs Oil States International, Inc. (OIS)

Flotek Industries, Inc. and Oil States International, Inc. are both Oil & Gas Equipment & Services companies. Flotek Industries, Inc. is the larger, with a market value of $1.1B against $501.3M — 2.1× the size. Oil States International, Inc. has negative trailing earnings, so its P/E is not meaningful; Flotek Industries, Inc. trades at 27.9×. Flotek Industries, Inc. grew revenue faster over the last twelve months: 36.8% against −2.80%. Flotek Industries, Inc. has the higher net margin (13.0% vs −16.8%) and the higher return on invested capital (13.4% vs −10.0%). Across the 18 metrics below, Flotek Industries, Inc. leads on 10 and Oil States International, Inc. on 8.

Valuation

Metric FTK OIS Oil & Gas Equipment & Services median
P/E 27.86 n/m 24.78
P/S 3.64 0.75 1.28
P/B 8.26 0.83 1.85
Price to free cash flow n/m 6.97 15.03
EV/EBITDA 22.95 n/m 8.93
EV/Sales 3.80 0.75 1.40
Earnings yield 3.59% (22.83%) 3.12%
Free cash flow yield (0.39%) 14.35% 5.01%

Profitability

Metric FTK OIS Oil & Gas Equipment & Services median
Gross margin 24.68% 19.89% 23.27%
Operating margin 12.82% (14.39%) 9.34%
Net margin 12.97% (16.79%) 4.69%
Free cash flow margin (1.40%) 10.76% 5.05%
Return on equity 37.80% (17.05%) 4.92%
Return on assets 17.26% (11.83%) 2.37%
Return on invested capital 13.43% (10.01%) 4.32%

Growth

Metric FTK OIS Oil & Gas Equipment & Services median
Revenue growth (TTM) 36.77% (2.80%) 6.08%
EPS growth (last fiscal year) 147.06% (933.33%) —
Revenue growth, 5-year CAGR 34.88% 0.95% 10.60%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric FTK OIS Oil & Gas Equipment & Services median
Debt to equity 0.39 0.03 0.46
Current ratio 1.78 2.35 2.11
Net debt to EBITDA 1.18 0.30 0.76

Dividend

Metric FTK OIS Oil & Gas Equipment & Services median
Dividend yield — — 2.12%
Payout ratio 0.00 0.00 0.00

Size

Metric FTK OIS Oil & Gas Equipment & Services median
Market cap 1.05b 501.28m 1.81b

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