Flotek Industries, Inc. (FTK) vs ProPetro Holding Corp. (PUMP)

Flotek Industries, Inc. and ProPetro Holding Corp. are both Oil & Gas Equipment & Services companies. Flotek Industries, Inc. and ProPetro Holding Corp. are of similar size ($975.2M and $895.7M). ProPetro Holding Corp. 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 −15.1%. Flotek Industries, Inc. has the higher net margin (13.0% vs −1.15%) and the higher return on invested capital (13.4% vs −0.73%). Across the 19 metrics below, Flotek Industries, Inc. leads on 11 and ProPetro Holding Corp. on 8.

Valuation

Metric FTK PUMP Oil & Gas Equipment & Services median
P/E 22.50 n/m 22.50
P/S 2.94 0.82 1.17
P/B 6.67 0.99 1.82
Price to free cash flow n/m n/m 13.72
EV/EBITDA 18.72 6.06 8.68
EV/Sales 3.10 0.82 1.34
Earnings yield 4.44% (1.47%) 3.94%
Free cash flow yield (0.48%) (0.12%) 5.66%

Profitability

Metric FTK PUMP Oil & Gas Equipment & Services median
Gross margin 24.68% 22.69% 23.26%
Operating margin 12.82% (0.97%) 9.34%
Net margin 12.97% (1.15%) 4.69%
Free cash flow margin (1.40%) (0.10%) 5.35%
Return on equity 37.80% (1.50%) 4.92%
Return on assets 17.26% (0.81%) 2.37%
Return on invested capital 13.43% (0.73%) 4.32%

Growth

Metric FTK PUMP Oil & Gas Equipment & Services median
Revenue growth (TTM) 36.77% (15.14%) 6.08%
EPS growth (last fiscal year) 147.06% 100.60% (13.00%)
Revenue growth, 5-year CAGR 34.88% 9.97% 14.44%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric FTK PUMP Oil & Gas Equipment & Services median
Debt to equity 0.39 0.82 0.46
Current ratio 1.78 4.09 2.07
Net debt to EBITDA 1.18 0.15 0.75

Dividend

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

Size

Metric FTK PUMP Oil & Gas Equipment & Services median
Market cap 895.73m 975.22m 1.63b

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