15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 1.0% per year over the past 5 years.
Operating margin has expanded, at -14.6% in the latest year.
Free cash flow has declined 9.2% per year over the past 5 years.
Financial health
The company holds more cash ($70M) than total debt ($2M).
Total debt has grown slower than revenue (-60.1% vs 1.0% per year).
Operating income covered interest expense -12.7× in the latest year.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$669M
-$109M
19.9%
-14.6%
$74M
$2M
$70M
2024
$693M
-$11M
22.6%
-0.2%
$8M
$125M
$65M
2023
$782M
$13M
22.4%
3.0%
$26M
$136M
$47M
2022
$738M
-$10M
21.6%
0.4%
$13M
$135M
$42M
2021
$573M
-$64M
17.9%
-11.3%
-$10M
$160M
$53M
2020
$638M
-$468M
12.0%
-83.7%
$120M
$166M
$72M
2019
$1.0B
-$232M
21.1%
-22.4%
$81M
$248M
$8M
2018
$1.1B
-$19M
23.3%
-0.5%
$15M
$332M
$19M
2017
$671M
-$85M
22.3%
-11.0%
$60M
$5M
$53M
2016
$694M
-$46M
0.0%
-10.0%
$120M
$46M
$69M
2015
—
$29M
—
—
$141M
$129M
$36M
2014
—
$179M
—
—
$239M
$147M
$53M
2013
—
$421M
—
—
$522M
$973M
$599M
2012
—
$449M
—
—
$468M
$1.3B
$253M
2011
—
$322M
—
—
-$272M
$171M
$72M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$145M
$1M
23.2%
2.9%
-$6M
$2M
$59M
Dec '25
$178M
-$117M
10.9%
-63.7%
$47M
$2M
$70M
Sep '25
$165M
$2M
22.1%
2.9%
$22M
$2M
$67M
Jun '25
$165M
$3M
24.2%
3.2%
$5M
$2M
$54M
Mar '25
$160M
$3M
23.3%
3.5%
$137000
$125M
$67M
Dec '24
$165M
$15M
23.7%
11.2%
$4M
$125M
$65M
Sep '24
$174M
-$14M
21.7%
-6.3%
$21M
$125M
$46M
Jun '24
$186M
$1M
23.8%
1.1%
$4M
$124M
$25M
Mar '24
$167M
-$13M
21.1%
-6.7%
-$21M
$136M
$24M
Dec '23
$208M
$6M
21.4%
3.8%
-$3M
$136M
$47M
Sep '23
$194M
$4M
22.6%
3.2%
$8M
$135M
$53M
Jun '23
$184M
$558000
22.6%
1.8%
$34M
$135M
$42M
Mar '23
$196M
$2M
23.2%
3.0%
-$12M
$138M
$16M
Dec '22
$202M
$3M
21.7%
1.6%
$7M
$135M
$42M
Sep '22
$189M
$2M
20.1%
2.7%
$22M
$135M
$33M
Jun '22
$182M
-$5M
21.8%
-0.6%
-$3M
$135M
$22M
Mar '22
$164M
-$9M
22.8%
-2.6%
-$14M
$135M
$39M
Dec '21
$161M
-$20M
17.4%
-7.0%
-$20M
$160M
$53M
Sep '21
$141M
-$13M
16.6%
-11.5%
$3M
$160M
$68M
Jun '21
$146M
-$15M
19.3%
-12.1%
$19M
$160M
$63M
Valuation over time
How the market has priced OIS against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has fallen from 28.8× (Jan '24) to 25.8× (Nov '24).
The price-to-sales ratio has risen from 0.7× (Mar '23) to 0.7× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is OIS growing its revenue and profit?
Over the past 5 years, Oil States International, Inc's revenue has grown 1.0% per year. These are computed facts, not advice.
How much debt does OIS have?
As of FY2025, Oil States International, Inc reported $2M of total debt against $70M of cash; operating income covered interest expense -12.7×.
What is OIS's profit margin?
In FY2025, gross margin was 19.9%, operating margin -14.6%, and net margin -16.3%.
What is OIS's P/E ratio?
As of Jun '26, Oil States International, Inc traded at a price-to-earnings ratio of about 25.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.