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 $895.7M against $479.0M — 1.9× the size. Oil States International, Inc. has negative trailing earnings, so its P/E is not meaningful; Flotek Industries, Inc. trades at 22.5×. 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 22.50 n/m 22.50
P/S 2.94 0.74 1.17
P/B 6.67 0.82 1.82
Price to free cash flow n/m 6.84 13.72
EV/EBITDA 18.72 n/m 8.68
EV/Sales 3.10 0.73 1.34
Earnings yield 4.44% (23.28%) 3.94%
Free cash flow yield (0.48%) 14.63% 5.66%

Profitability

Metric FTK OIS Oil & Gas Equipment & Services median
Gross margin 24.68% 19.89% 23.26%
Operating margin 12.82% (14.39%) 9.34%
Net margin 12.97% (16.79%) 4.69%
Free cash flow margin (1.40%) 10.76% 5.35%
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%) (13.00%)
Revenue growth, 5-year CAGR 34.88% 0.95% 14.44%
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 2.07
Net debt to EBITDA 1.18 0.30 0.75

Dividend

Metric FTK OIS Oil & Gas Equipment & Services median
Dividend yield — — 1.51%
Payout ratio — — 0.38

Size

Metric FTK OIS Oil & Gas Equipment & Services median
Market cap 895.73m 478.96m 1.63b

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