Skip to content
Industry
This is research, not advice. We’re not SEBI-registered.

Oil States International share price today

Oil States International, Inc. · OIS · Energy · Oil & Gas Equipment & Services · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists

Oil States International share price: $8.53 at the close on 4 November 2026, +38.7% in a year.

Getting betterBusiness trend from fewer quarters than usual
$8.53Price +38.7% in a year
30.3×P/E higher than 56% of the last 10 months
$157 MRevenue (Jun 2026) −5.3% on a year ago
$5.7 MProfit (Jun 2026) +110.6% on a year ago
8.4%Operating margin +3.0 points on a year ago
−19%ROE FY25
3.8%ROIC against a 10.9% cost of capital: −7.1 points

Oil States International, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.

The price has been between phases, and the P/E is higher than 56% of its own last 10 months. Over the last four quarters, results have been improving, with profit +110.6% on a year earlier. What will decide it: the next one or two quarters of results.

What is the Oil States International share price today?

Oil States International, Inc.'s share price was $8.53 at the close on 4 November 2026. That is 9.1% below its average price over the last 200 trading days. In the last 52 weeks it traded between $6 and $13, and at that close it sat 35% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). The phase helps read everything below.

Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 2 weeks in a row.

Nov 2026: $8.53, 9.1% below its 200-day average.

  • Price $8.53
  • 50-day avg $8.48
  • 200-day avg $9.38
Nov 2026: $8.53, 9.1% below its 200-day average.
WeekPrice50-day avg200-day avg
11 Jul 2025$5.64––
18 Jul 2025$5.43––
25 Jul 2025$5.78––
1 Aug 2025$4.88––
8 Aug 2025$5.02––
15 Aug 2025$4.99––
22 Aug 2025$5.45––
29 Aug 2025$5.60––
5 Sep 2025$5.51––
12 Sep 2025$5.62––
19 Sep 2025$5.72$5.38–
26 Sep 2025$6.20$5.46–
3 Oct 2025$6.29$5.53–
10 Oct 2025$5.58$5.58–
17 Oct 2025$5.82$5.68–
24 Oct 2025$6.65$5.80–
31 Oct 2025$5.97$5.95–
7 Nov 2025$6.15$6.02–
14 Nov 2025$6.30$6.10–
21 Nov 2025$6.12$6.15–
28 Nov 2025$6.30$6.19–
5 Dec 2025$6.80$6.25–
12 Dec 2025$7.07$6.33–
19 Dec 2025$6.87$6.39–
26 Dec 2025$6.78$6.47–
2 Jan 2026$7.07$6.55–
9 Jan 2026$8.04$6.66–
16 Jan 2026$8.18$6.83–
23 Jan 2026$8.46$7.00–
30 Jan 2026$8.47$7.22–
6 Feb 2026$9.10$7.49–
13 Feb 2026$9.40$7.78–
20 Feb 2026$12.53$8.07–
27 Feb 2026$13.09$8.72–
6 Mar 2026$12.23$9.29–
13 Mar 2026$11.89$9.84–
20 Mar 2026$12.16$10.33–
27 Mar 2026$12.20$10.74–
2 Apr 2026$11.21$10.99–
10 Apr 2026$11.55$11.29–
17 Apr 2026$10.22$11.51–
24 Apr 2026$11.08$11.67$7.73
1 May 2026$11.23$11.87$7.88
8 May 2026$8.66$11.47$7.98
15 May 2026$9.01$11.10$8.06
22 May 2026$8.85$10.75$8.16
29 May 2026$8.50$10.47$8.23
5 Jun 2026$8.12$10.10$8.32
12 Jun 2026$8.50$9.77$8.39
18 Jun 2026$7.95$9.51$8.44
26 Jun 2026$8.08$9.17$8.50
2 Jul 2026$7.72$8.98$8.55
10 Jul 2026$8.33$8.68$8.61
17 Jul 2026$8.43$8.42$8.66
24 Jul 2026$8.67$8.39$8.72
31 Jul 2026$8.11$8.28$8.77
7 Aug 2026$8.14$8.23$8.83
14 Aug 2026$8.93$8.27$8.89
21 Aug 2026$8.65$8.32$8.95
28 Aug 2026$8.61$8.34$9.01
4 Sep 2026$8.76$8.44$9.07
11 Sep 2026$8.69$8.49$9.12
18 Sep 2026$8.41$8.54$9.18
25 Sep 2026$8.28$8.52$9.22
2 Oct 2026$8.23$8.48$9.25
9 Oct 2026$8.17$8.50$9.28
16 Oct 2026$8.12$8.48$9.31
23 Oct 2026$8.60$8.45$9.34
30 Oct 2026$9.60$8.47$9.37
4 Nov 2026$8.53$8.48$9.38
Weekly closing price ($) with its 50-day and 200-day averages. 1-year window.

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?

Ahead in 34 of 57 weeks

Week by week since 2025: did it beat the S&P 500 over the past 13 weeks?
Week13-week return vs S&P 500
11 Jul 2025no S&P 500 reading
18 Jul 2025no S&P 500 reading
25 Jul 2025no S&P 500 reading
1 Aug 2025no S&P 500 reading
8 Aug 2025no S&P 500 reading
15 Aug 2025no S&P 500 reading
22 Aug 2025no S&P 500 reading
29 Aug 2025no S&P 500 reading
5 Sep 2025no S&P 500 reading
12 Sep 2025no S&P 500 reading
19 Sep 2025no S&P 500 reading
26 Sep 2025no S&P 500 reading
3 Oct 2025no S&P 500 reading
10 Oct 2025−5.8%
17 Oct 2025+1.3%
24 Oct 2025+8.7%
31 Oct 2025+12.6%
7 Nov 2025+17.2%
14 Nov 2025+21.8%
21 Nov 2025+10.2%
28 Nov 2025+6.6%
5 Dec 2025+17.5%
12 Dec 2025+22.1%
19 Dec 2025+17.6%
26 Dec 2025+5.1%
2 Jan 2026+10.3%
9 Jan 2026+37.8%
16 Jan 2026+36.4%
23 Jan 2026+25.4%
30 Jan 2026+40.4%
6 Feb 2026+45.0%
13 Feb 2026+47.7%
20 Feb 2026+100.1%
27 Feb 2026+107.4%
6 Mar 2026+81.8%
13 Mar 2026+71.0%
20 Mar 2026+81.7%
27 Mar 2026+88.1%
2 Apr 2026+62.6%
10 Apr 2026+45.8%
17 Apr 2026+22.3%
24 Apr 2026+27.4%
1 May 2026+28.4%
8 May 2026−11.6%
15 May 2026−12.6%
22 May 2026−37.5%
29 May 2026−45.3%
5 Jun 2026−43.3%
12 Jun 2026−40.5%
18 Jun 2026−49.8%
26 Jun 2026−48.7%
2 Jul 2026−44.7%
10 Jul 2026−39.0%
17 Jul 2026−22.2%
24 Jul 2026−25.3%
31 Jul 2026−31.4%
7 Aug 2026−10.8%
14 Aug 2026−5.9%
21 Aug 2026−5.0%
28 Aug 2026−0.4%
4 Sep 2026+3.5%
11 Sep 2026−0.8%
18 Sep 2026+3.8%
25 Sep 2026−3.3%
2 Oct 2026+3.3%
9 Oct 2026−5.0%
16 Oct 2026−6.4%
23 Oct 2026−3.7%
30 Oct 2026+17.2%
4 Nov 2026+5.6%
Each bar is one week, from 2025 to now (57 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the S&P 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 1 year the share price moved +51% while the S&P 500 moved +23%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What dividend does Oil States International pay?

Oil States International, Inc. pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes.

Which stock lists is Oil States International on?

Oil States International is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list.

Is Oil States International profitable?

Oil States International, Inc. earned $5.7 M of net profit in the Jun 2026 quarter, +110.6% on the same quarter a year earlier. The full FY25 year was a loss of $109 M. That is 3.6% of the quarter's revenue. The same quarter a year earlier earned $2.7 M. 3 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

FY25 profit −$109 M

  • Net profit −$109 M
FY25 profit −$109 M
QuarterNet profit
FY21−$64.0 M
FY22−$9.5 M
FY23$12.6 M
FY24−$11.3 M
FY25−$109 M

Growth on a year earlier

  • Growth on a year earlier −189.1%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY22–
FY23–
FY24−189.1%
FY25–
Top: net profit each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: $5.7 M (+110.6% on a year earlier)

  • Net profit (quarterly) $5.7 M
Jun 2026: $5.7 M (+110.6% on a year earlier)
QuarterNet profit (quarterly)
Sep 2023$4.1 M
Dec 2023$5.8 M
Mar 2024−$13.4 M
Jun 2024$1.3 M
Sep 2024−$14.3 M
Dec 2024$15.2 M
Mar 2025$3.0 M
Jun 2025$2.7 M
Sep 2025$1.8 M
Dec 2025−$117 M
Mar 2026$1.1 M
Jun 2026$5.7 M

Growth on a year earlier

  • Growth on a year earlier 110.6%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 202396.5%
Dec 2023102.7%
Mar 2024−732%
Jun 2024132.2%
Sep 2024−447.4%
Dec 2024159.3%
Mar 2025–
Jun 2025113.2%
Sep 2025–
Dec 2025−871.3%
Mar 2026−64.8%
Jun 2026110.6%
Top: net profit each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed −5.3% on a year earlier and the margin moved +3.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed −275.2% and revenue −2.8%. Profit is growing slower than sales: rising costs are taking part of the growth.

How much revenue does Oil States International make, and is it growing?

Oil States International, Inc. reported $157 M of revenue in the Jun 2026 quarter, −5.3% on the same quarter a year earlier. Over 4 years it has grown 3.9% a year on average. The last full year, FY25, came in at $669 M. The last four reported quarters add to $646 M.

Revenue is everything the company billed its customers in the period.

FY25 revenue was $669 M, −3.4% on the year before.

FY25 revenue $669 M (−3.4% on the year before), 3.9% a year over 4 years

  • Revenue $669 M
FY25 revenue $669 M (−3.4% on the year before), 3.9% a year over 4 years
QuarterRevenue
FY21$573 M
FY22$738 M
FY23$782 M
FY24$693 M
FY25$669 M

Growth on a year earlier

  • Growth on a year earlier −3.4%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY2228.7%
FY236%
FY24−11.5%
FY25−3.4%
Top: revenue each year, $ M. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: $157 M (−5.3% on a year earlier)

  • Revenue (quarterly) $157 M
Jun 2026: $157 M (−5.3% on a year earlier)
QuarterRevenue (quarterly)
Sep 2023$194 M
Dec 2023$208 M
Mar 2024$167 M
Jun 2024$186 M
Sep 2024$174 M
Dec 2024$165 M
Mar 2025$160 M
Jun 2025$165 M
Sep 2025$165 M
Dec 2025$178 M
Mar 2026$145 M
Jun 2026$157 M

Growth on a year earlier

  • Growth on a year earlier −5.3%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 20232.6%
Dec 20232.9%
Mar 2024−14.7%
Jun 20241.6%
Sep 2024−10.3%
Dec 2024−21%
Mar 2025−4.4%
Jun 2025−11.3%
Sep 2025−5.3%
Dec 20258.4%
Mar 2026−9.1%
Jun 2026−5.3%
Top: revenue each quarter, $ M. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew −2.8% on average, against 3.9% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −2.8%, against −7.6% a year over the last 8 quarters (accelerating).

How much of every $100 of sales does Oil States International keep?

Oil States International, Inc.'s operating margin was 8.4% in the Jun 2026 quarter, 3.0 percentage points higher than the same quarter a year ago. Across 5 years it has been between −11.7% and 3.3%. The latest quarter is above every full year in that period.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +3.0 percentage points on the year while gross margin changed +0.0 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

FY25: 2.3%, within a range of −11.7% to 3.3% over 5 years

  • Operating margin 2.3%
FY25: 2.3%, within a range of −11.7% to 3.3% over 5 years
QuarterOperating margin
FY21−11.7%
FY22−0.8%
FY233.3%
FY243.1%
FY252.3%

Change on the year before (points)

  • Change on the year before (points) −0.8 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY21–
FY22+10.9 pts
FY23+4.1 pts
FY24−0.2 pts
FY25−0.8 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 5-year window.

Jun 2026: operating margin 8.4% (+3.0 points on a year earlier)

  • Operating margin 8.4%
Jun 2026: operating margin 8.4% (+3.0 points on a year earlier)
QuarterOperating margin
Sep 20234%
Dec 20232.2%
Mar 20240.8%
Jun 20243%
Sep 20244.1%
Dec 20243.8%
Mar 20254.1%
Jun 20255.4%
Sep 20255%
Dec 2025−5.4%
Mar 20267.4%
Jun 20268.4%

Change on a year earlier (points)

  • Change on a year earlier (points) +3.0 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2023+4.6 pts
Dec 2023+2.0 pts
Mar 2024−2.2 pts
Jun 2024+1.2 pts
Sep 2024+0.1 pts
Dec 2024+1.6 pts
Mar 2025+3.3 pts
Jun 2025+2.4 pts
Sep 2025+0.9 pts
Dec 2025−9.2 pts
Mar 2026+3.3 pts
Jun 2026+3.0 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Oil States International's profit turning into cash?

Oil States International, Inc.'s cash-flow history is too short to judge how much of its profit turns into cash. In FY25 it brought in $105 M of operating cash against −$109 M of profit. After $31.2 M of spending on assets, $73.9 M was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY25: operating cash $105 M against profit −$109 M

  • Operating cash $105 M
  • Net profit −$109 M
  • Free cash $73.9 M
FY25: operating cash $105 M against profit −$109 M
QuarterOperating cashNet profitFree cash
FY21$7.2 M−$64.0 M−$10.3 M
FY22$32.9 M−$9.5 M$12.6 M
FY23$56.6 M$12.6 M$25.9 M
FY24$45.9 M−$11.3 M$8.4 M
FY25$105 M−$109 M$73.9 M
Operating cash flow and net profit each year, $ M. The line is free cash flow: operating cash minus spending on assets. 5-year window, yearly figures.

Jun 2026: operating cash −$6.3 M = −110% of the quarter's profit

  • Operating cash (quarterly) −$6.3 M
Jun 2026: operating cash −$6.3 M = −110% of the quarter's profit
QuarterOperating cash (quarterly)
Sep 2023$13.6 M
Dec 2023$4.2 M
Mar 2024−$11.4 M
Jun 2024$10.2 M
Sep 2024$28.8 M
Dec 2024$18.2 M
Mar 2025$9.3 M
Jun 2025$15.0 M
Sep 2025$30.7 M
Dec 2025$50.1 M
Mar 2026−$1.9 M
Jun 2026−$6.3 M

Operating cash as % of profit

  • Operating cash as % of profit −110%
Operating cash as % of profit
QuarterOperating cash as % of profit
Sep 2023330%
Dec 202372%
Mar 2024–
Jun 2024806%
Sep 2024–
Dec 2024120%
Mar 2025305%
Jun 2025554%
Sep 20251,676%
Dec 2025–
Mar 2026−176%
Jun 2026−110%
Top: operating cash each quarter, $ M. Below: operating cash as a % of net profit; 100% means all of the quarter's profit came in as cash. Last 12 quarters.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Where does Oil States International's cash go?

Oil States International, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $99.4 M on assets over the last 3 years. Averaged over those years that is 5.0% of FY25 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: $99.4 M over the last 3 years.

FY25: capex $31.2 M, steady spending

  • Capex $31.2 M
FY25: capex $31.2 M, steady spending
QuarterCapex
FY21$17.5 M
FY22$20.3 M
FY23$30.7 M
FY24$37.5 M
FY25$31.2 M
Capital spending each year, $ M.

Jun 2026: capex $2.9 M in the quarter

  • Capex (quarterly) $2.9 M
Jun 2026: capex $2.9 M in the quarter
QuarterCapex (quarterly)
Sep 2023$6.0 M
Dec 2023$7.3 M
Mar 2024$10.1 M
Jun 2024$5.8 M
Sep 2024$7.4 M
Dec 2024$14.2 M
Mar 2025$9.2 M
Jun 2025$10.3 M
Sep 2025$8.7 M
Dec 2025$3.0 M
Mar 2026$4.2 M
Jun 2026$2.9 M

Free cash

  • Free cash −$9.2 M
Free cash
QuarterFree cash
Sep 2023$7.6 M
Dec 2023−$3.1 M
Mar 2024−$21.5 M
Jun 2024$4.5 M
Sep 2024$21.4 M
Dec 2024$4.0 M
Mar 2025$0.1 M
Jun 2025$4.7 M
Sep 2025$22.0 M
Dec 2025$47.1 M
Mar 2026−$6.1 M
Jun 2026−$9.2 M
Top: capital spending each quarter, $ M. Below: free cash flow, $ M. Last 12 quarters.

In short: most of the cash goes on covering the loss, not on new assets; spending on assets is small next to it.

What is Oil States International's P/E ratio, and how does it compare with its own history?

Oil States International, Inc.'s P/E is 30.3×, in the middle of its own history: higher than 56% of past readings. Its usual P/E (the middle reading) is 29.9×, over 10 months of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

P/E 30.3× against a usual 29.9×: in the middle of its own history: higher than 56% of past readings

  • P/E 30.3×
  • Median 29.9×
P/E 30.3× against a usual 29.9×: in the middle of its own history: higher than 56% of past readings
WeekP/EMedian
11 Jul 202551.7×29.9×
18 Jul 202549.8×29.9×
25 Jul 202553.0×29.9×
1 Aug 202544.8×29.9×
8 Aug 202546.1×29.9×
15 Aug 202545.8×29.9×
22 Aug 202550.0×29.9×
29 Aug 202551.4×29.9×
5 Sep 202550.5×29.9×
12 Sep 202551.6×29.9×
19 Sep 202552.5×29.9×
26 Sep 202556.9×29.9×
3 Oct 202516.9×29.9×
10 Oct 202515.0×29.9×
17 Oct 202515.7×29.9×
24 Oct 202517.9×29.9×
31 Oct 202516.1×29.9×
7 Nov 202516.6×29.9×
14 Nov 202517.0×29.9×
21 Nov 202516.5×29.9×
28 Nov 202517.0×29.9×
5 Dec 202518.3×29.9×
12 Dec 202519.1×29.9×
19 Dec 202518.5×29.9×
26 Dec 202518.3×29.9×
2 Jan 202619.1×29.9×
9 Jan 202621.7×29.9×
16 Jan 202622.1×29.9×
23 Jan 202622.8×29.9×
30 Jan 202622.8×29.9×
6 Feb 202624.5×29.9×
13 Feb 202625.3×29.9×
20 Feb 202633.8×29.9×
27 Feb 202635.3×29.9×
6 Mar 202633.0×29.9×
13 Mar 202632.0×29.9×
20 Mar 202632.8×29.9×
27 Mar 202632.9×29.9×
2 Apr 202630.2×29.9×
10 Apr 202631.1×29.9×
17 Apr 202627.6×29.9×
24 Apr 202629.9×29.9×
1 May 202630.3×29.9×

Earnings per share, 12 months

  • Earnings per share, 12 months $0.37
Earnings per share, 12 months
WeekEarnings per share, 12 months
11 Jul 2025–
18 Jul 2025–
25 Jul 2025–
1 Aug 2025–
8 Aug 2025–
15 Aug 2025–
22 Aug 2025–
29 Aug 2025–
5 Sep 2025–
12 Sep 2025–
19 Sep 2025–
26 Sep 2025$0.11
3 Oct 2025$0.11
10 Oct 2025$0.11
17 Oct 2025$0.11
24 Oct 2025$0.11
31 Oct 2025$0.11
7 Nov 2025$0.11
14 Nov 2025$0.11
21 Nov 2025$0.11
28 Nov 2025$0.11
5 Dec 2025$0.11
12 Dec 2025$0.11
19 Dec 2025$0.11
26 Dec 2025$0.37
2 Jan 2026$0.37
9 Jan 2026$0.37
16 Jan 2026$0.37
23 Jan 2026$0.37
30 Jan 2026$0.37
6 Feb 2026$0.37
13 Feb 2026$0.37
20 Feb 2026$0.37
27 Feb 2026$0.37
6 Mar 2026$0.37
13 Mar 2026$0.37
20 Mar 2026$0.37
27 Mar 2026$0.37
2 Apr 2026$0.37
10 Apr 2026$0.37
17 Apr 2026$0.37
24 Apr 2026$0.37
1 May 2026$0.37
Top: P/E each week. Below: earnings per share, trailing twelve months, a step line that moves once a quarter; 10 months of history.

PEG 4.35 at the Jun 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate

  • PEG 4.35×
  • PEG = 1.0 1.00×
PEG 4.35 at the Jun 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate
QuarterPEGPEG = 1.0
Dec 20214.35×1.00×
Mar 20224.35×1.00×
Jun 20224.35×1.00×
Sep 20224.35×1.00×
Dec 20224.35×1.00×
Mar 20234.35×1.00×
Jun 20234.35×1.00×
Sep 20234.35×1.00×
Dec 20234.35×1.00×
Mar 20244.35×1.00×
Jun 20244.35×1.00×
Sep 20244.35×1.00×
Dec 20244.35×1.00×
Mar 20254.35×1.00×
Jun 20254.35×1.00×
Sep 20254.35×1.00×
Dec 20254.35×1.00×
Mar 20264.35×1.00×
Jun 20264.35×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Last 19 quarters.
30.3×P/E · higher than 56% of its last 10 months
n/mPEG · cannot be worked out, because 3-year earnings growth is not available

In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple.

Is the Oil States International business getting better or worse?

Oil States International, Inc.'s business is getting better. Profit growth hit its low 8 quarters ago at −100.0% and has recovered to +110.6% (from single-quarter figures), with ROE falling at -19.1%. This is based on 12 quarters of 3 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue −3.4% in FY25

  • Revenue growth −3.4%
Growth year by year: revenue −3.4% in FY25
QuarterRevenue growth
FY21–
FY2228.7%
FY236%
FY24−11.5%
FY25−3.4%

Profit growth, EPS growth

  • Profit growth −189.1%
  • EPS growth −190.7%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY21––
FY22––
FY23––
FY24−189.1%−190.7%
FY25––
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters: revenue accelerating

  • Revenue −2.8%
Three growth lines over twelve quarters: revenue accelerating
QuarterRevenue
Sep 202311.5%
Dec 20236%
Mar 2024−2.1%
Jun 2024−2%
Sep 2024−5.2%
Dec 2024−11.5%
Mar 2025−9%
Jun 2025−12.2%
Sep 2025−11%
Dec 2025−3.4%
Mar 2026−4.5%
Jun 2026−2.8%

Profit, EPS

  • Profit 110.6%
  • EPS −300%
Profit, EPS
QuarterProfitEPS
Sep 202396.5%–
Dec 2023102.7%–
Mar 2024−300%−289.1%
Jun 2024132.2%−130.1%
Sep 2024−300%−300%
Dec 2024159.3%−191.5%
Mar 2025––
Jun 2025113.2%–
Sep 2025––
Dec 2025−300%–
Mar 2026−64.8%−300%
Jun 2026110.6%−300%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. Where the 12-month history is short, the line uses single-quarter growth instead, which is noisier; extreme jumps from a tiny base are evened out before reading. Extreme jumps from a tiny base are drawn at the edge (▲). A gap means there is no reading for that quarter.

ROE: the return line, yearly figures

  • ROE −19.1%
ROE: the return line, yearly figures
QuarterROE
FY22−1.4%
FY231.8%
FY24−1.7%
FY25−19.1%
Yearly figures: the quarterly balance-sheet figures this line needs are not available for this stock, so it changes once a year and counts for less in the reading.
RecoveringRevenue growth · latest −2.8%, range −12.2% to +11.5%
Turning downProfit growth · latest +110.6%, range −100.0% to +100.0%
FallingROE · latest −19.1%, range −19.1% to 1.8%

Why it matters: a lasting rise from a low is what this page is built to show.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone.

This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue−3.4%−3.2%——
Stock price+38.7%———
−5.3%Revenue growth (Jun 2026) · latest quarter against a year ago
+110.6%Profit growth (Jun 2026) · latest quarter against a year ago
3.9%Revenue, 4 years · yearly growth over the long run

How much does Oil States International earn on its capital?

Oil States International, Inc. earned a ROE of −19% in FY25. Its return on capital used (ROIC) is 7.1 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −16.3% net margin and 0.76× asset turnover (sales divided by assets).

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

Why the return is what it is (FY25): a −16.3% net margin × 0.76× asset turnover × 1.54× leverage (assets divided by equity) ≈ −19.1% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed.

The key test, return on capital used minus the cost of capital: 3.8% − 10.9% = −7.1 percentage points. The 10.9% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

The 3.8% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 2.3%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

FY25: ROE −19%, the full history

  • ROE −19.1%
  • ROIC (annual) 2.3%
  • Cost of capital 10.9%
FY25: ROE −19%, the full history
QuarterROEROIC (annual)Cost of capital
FY21−9.2%−7.6%10.9%
FY22−1.4%−0.7%10.9%
FY231.8%2.5%10.9%
FY24−1.7%2.7%10.9%
FY25−19.1%2.3%10.9%
Return on equity each year, % (line); ROIC each year, % (line). 5-year window, low years included. The flat line is the 10.9% cost of capital used on this page.

Jun 2026: ROIC 0.6% (last 12 months) against a 10.9% cost of capital

  • ROIC (12 months) 0.6%
  • ROE (12 months) 0.8%
  • Cost of capital 10.9%
Jun 2026: ROIC 0.6% (last 12 months) against a 10.9% cost of capital
QuarterROIC (12 months)ROE (12 months)Cost of capital
Sep 20230.2%0.3%10.9%
Dec 20230.9%2.4%10.9%
Mar 20240.5%3.4%10.9%
Jun 20240.2%−7.6%10.9%
Sep 20240.7%0.8%10.9%
Dec 20240.9%−8.3%10.9%
Mar 20250.7%8.9%10.9%
Jun 20250.6%1.9%10.9%
Sep 20250.8%1.6%10.9%
Dec 20250.6%1.1%10.9%
Mar 2026−1.5%−74.3%10.9%
Jun 20260.6%0.8%10.9%
ROIC and ROE over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Oil States International have too much debt?

Oil States International, Inc. has total debt of $36.2 M against shareholder equity of $581 M as of Jun 2026, so its debt is 0.06× its equity, which is very little. Year by year, that ratio went from 0.30 in FY21 to 0.13 in FY25. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY25: debt $75.0 M, 0.13× equity

  • Total debt $75.0 M
FY25: debt $75.0 M, 0.13× equity
QuarterTotal debt
FY21$209 M
FY22$180 M
FY23$161 M
FY24$151 M
FY25$75.0 M

Debt-to-equity

  • Debt-to-equity 0.13×
Debt-to-equity
QuarterDebt-to-equity
FY210.30×
FY220.26×
FY230.23×
FY240.22×
FY250.13×
Top: total debt each year, $ M. Below: debt-to-equity, ×. 5-year window.

Jun 2026: debt $36.2 M, debt-to-equity 0.06

  • Total debt (quarterly) $36.2 M
Jun 2026: debt $36.2 M, debt-to-equity 0.06
QuarterTotal debt (quarterly)
Sep 2023$161 M
Dec 2023$161 M
Mar 2024$164 M
Jun 2024$151 M
Sep 2024$152 M
Dec 2024$151 M
Mar 2025$149 M
Jun 2025$134 M
Sep 2025$126 M
Dec 2025$75.0 M
Mar 2026$73.6 M
Jun 2026$36.2 M

Debt-to-equity

  • Debt-to-equity 0.06×
Debt-to-equity
QuarterDebt-to-equity
Sep 20230.23×
Dec 20230.23×
Mar 20240.24×
Jun 20240.22×
Sep 20240.22×
Dec 20240.22×
Mar 20250.22×
Jun 20250.19×
Sep 20250.18×
Dec 20250.13×
Mar 20260.13×
Jun 20260.06×
Top: total debt each quarter, $ M. Below: debt-to-equity, ×. Last 12 quarters.

What is the Oil States International shareholding pattern?

3.8% of Oil States International, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 2.7 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

It is a single reading at one point in time; we do not have its history.

3.8%Short interest · of the tradable float
2.7Days to cover · at typical volumes

Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.

How far is Oil States International from balance-sheet trouble?

For Oil States International, Inc., the Z-score is 2.73. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of 2.73 is in the grey area, neither clearly safe nor clearly in trouble.

How does Oil States International rank in its industry?

There is no score against its industry: Oil States International, Inc. is not among the largest members shown in this industry comparison for Oil & Gas Equipment & Services.

The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown.

Which companies is Oil States International compared with?

No sector comparison is shown here, not among the largest members shown in this industry comparison.

Which companies are close to Oil States International in size?

Oil States International is the 33rd largest of 38 Oil & Gas Equipment & Services companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: ProPetro Holding Corp., ProFrac Holding Corp. and HMH Holding Inc. Just below it: Core Laboratories Inc., Natural Gas Services Group, Inc. and Ranger Energy Services, Inc.

Oil & Gas Equipment & Services companies close in size

  1. ProPetro Holding Corp. $789 million
  2. ProFrac Holding Corp. $723 million
  3. HMH Holding Inc. $678 million
  4. Oil States International, Inc. $510 million
  5. Core Laboratories Inc. $442 million
  6. Natural Gas Services Group, Inc. $373 million
  7. Ranger Energy Services, Inc. $318 million

All 38 Oil & Gas Equipment & Services companies, largest first

Companies close in size in other industries

  1. JinkoSolar Holding Co., Ltd. $532 million · Solar
  2. Orange County Bancorp, Inc. $530 million · Banks - Regional
  3. Oil States International, Inc. $530 million
  4. Universal Health Realty Income Trust $530 million · REIT - Healthcare Facilities
  5. Gladstone Commercial Corporation $529 million · REIT - Diversified

What else do people ask about Oil States International?

What were Oil States International's latest quarterly results?

Oil States International, Inc. reported revenue of $157 M and net profit of $5.7 M for the Jun 2026 quarter. Revenue fell 5.3% and profit rose 110.6% compared with a year earlier. Earnings per share were $0.10.

The operating margin was 8.4%, 3.0 percentage points higher than a year earlier (as of 4 November 2026).

What is Oil States International's market cap?

Oil States International, Inc.'s market capitalisation is $510 M at a stock price of $8.53. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Oil States International performing?

Oil States International, Inc.'s latest readings are below. In its latest quarter, revenue fell 5.3% and profit rose 110.6% compared with a year earlier. Over the past 13 weeks it has done better than the S&P 500, for 2 weeks running.

This describes what the data did, not a rating (as of 4 November 2026).

Will Oil States International's stock price go up?

This page does not forecast Oil States International, Inc.'s stock price. What it shows instead: the stock price is $8.53. Its P/E of 30.3× is higher than 56% of its own last 1 years.

Nobody can reliably say which way a price will move, and this site does not try (as of 4 November 2026).

Where is Oil States International in its business cycle?

Oil States International, Inc.'s FY25 operating margin was 2.3%, against a 5-year range of −11.7% to 3.3%: the middle of its own range, neither a peak nor a low. The latest quarter was 8.4%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Oil States International story?

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Oil States International a stock worth studying right now?

What the numbers show: Oil States International, Inc.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

More lists

Every Sector Alpha list, grouped

X · Instagram · YouTube · About · Newsletter · Newsletter archive
This is research, not advice. We’re not SEBI-registered.