OISNYSEOil & Gas Field Machinery & EquipmentFiscal year ends December 31
OIL STATES INTERNATIONAL, INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$8.33+0.21 (+2.59%)
Close on Oct 19, 2026
- Market cap
- $488.36M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
19.9%+8.0 pts over 5 years
Operating margin
-14.6%+69.1 pts over 5 years
Net margin
-16.3%+57.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -3.4% | -3.2% | +1.0% | -4.9% | |
| Gross profit | -14.8% | -5.7% | +11.8% | -15.3% | |
| Free cash flow | +781.6% | +80.4% | -9.2% | -6.3% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -3.8% | -47.3% | -17.4% | |
| Return on assets | -3.1% | -32.5% | -11.6% | |
| Current ratio | 4.57 | 2.61 | 1.86 | |
| Debt to equity | 0.04 | 0.24 | 0.10 | |
| Net debt to EBITDA | -0.46× | -0.26× | 0.29× | |
| Interest coverage | -13.0× | -37.5× | -12.7× | |
| Inventory turnover | 1.5× | 2.9× | 2.7× | |
| Capex to revenue | 4.3% | 2.0% | 4.7% | |
| Diluted shares | 50M | 60M | 59M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Oil States International generated $247.65M from operations and spent $174.82M on capital expenditure, dividends and share buybacks. 78% of that went back into the business.
Generated
$247.65M
Used
$174.82M
Capital expenditure$137.14M78%Dividends$00%Share buybacks$37.69M22%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-16.3%
×Asset turnover0.71×
×Equity multiplier1.51×
=Return on equity, FY2025-17.4%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -16.3% | 0.71× | 1.51× | -17.4% |
| FY2024 | -1.6% | 0.68× | 1.48× | -1.6% |
| FY2023 | 1.6% | 0.74× | 1.51× | 1.8% |
| FY2022 | -1.3% | 0.69× | 1.55× | -1.4% |
| FY2021 | -11.2% | 0.51× | 1.54× | -8.8% |
| FY2020 | -73.4% | 0.44× | 1.45× | -47.3% |
| FY2019 | -22.8% | 0.55× | 1.40× | -17.4% |
| FY2018 | -1.8% | 0.66× | 1.28× | -1.5% |
| FY2017 | -12.7% | 0.50× | 1.15× | -7.3% |
| FY2016 | -6.7% | 0.47× | 1.21× | -3.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$109.38M
- Cash generatingOperating cash flow above zero$105.12M
- Return on assets improvedROA up on the prior year-1.1% → -10.9%
- Earnings backed by cashOperating cash flow above net income$105.12M vs -$109.38M
- Less leverageLong-term debt to assets fell12.4% → 0.2%
- Better liquidityCurrent ratio rose3.16 → 1.86
- No dilutionShare count did not rise62M → 59M
- Gross margin improvedGross margin up on the prior year22.58% → 19.92%
- More efficientAsset turnover rose0.66 → 0.67