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Expro Group Holdings N.V. (XPRO) 10-Year Financial Performance & Capital Metrics

XPRO • • Industrial / General
EnergyOilfield ServicesDrilling Equipment & ServicesDrilling Tools & Rentals
AboutExpro Group Holdings N.V. engages in the provision of energy services in North and Latin America, Europe and Sub-Saharan Africa, the Middle East and North Africa, and the Asia-Pacific. The company provides well construction services, such as technology solutions in drilling, tubular running services, and cementing and tubulars; and well management services, including well flow management, subsea well access, and well intervention and integrity services. It serves exploration and production companies in onshore and offshore environments in approximately 60 countries with approximately 100 locations. The company was founded in 1938 and is based in Houston, Texas.Show more
  • Revenue $1.71B +13.2%
  • EBITDA $291M +40.4%
  • Net Income $52M +322.3%
  • EPS (Diluted) 0.45 +314.3%
  • Gross Margin 13.61% +86.2%
  • EBITDA Margin 16.99% +24.0%
  • Operating Margin 7.45% +222.3%
  • Net Margin 3.03% +296.3%
  • ROE 3.73% +305.9%
  • ROIC 6.92% +219.0%
  • Debt/Equity 0.14 +59.1%
  • Interest Coverage 10.19 +14.9%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Momentum leader: RS Rating 82 (top 18%)
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Strong 5Y sales CAGR of 24.2%
  • ✓Trading near 52-week high
  • ✓Trading at only 1.3x book value

✗Weaknesses

  • ✗Weak 3Y average ROE of 0.1%

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y2.78%
5Y24.18%
3Y27.53%
TTM-1.24%

Profit (Net Income) CAGR

10Y-
5Y-
3Y-
TTM318.73%

EPS CAGR

10Y-
5Y-
3Y-
TTM342.15%

ROCE

10Y Avg-1.91%
5Y Avg0.32%
3Y Avg3.69%
Latest7.29%

Peer Comparison

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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
XPROExpro Group Holdings N.V.1.84B16.2436.0913.22%4.15%4.54%1.4%0.14
DTIDrilling Tools International Corp.111.58M3.1733.981.59%-3.93%-5.22%0.64
INVXInnovex International, Inc.1.68B24.318.7818.95%10.58%9.73%4.77%0.10
KLXEKLX Energy Services Holdings, Inc.37.82M2.12-0.65-20.16%-11.89%-374.56%

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Sales/Revenue+974.6M487.53M454.8M522.49M579.92M675.03M825.76M1.28B1.51B1.71B
Revenue Growth %-0.25%-0.5%-0.07%0.15%0.11%0.16%0.22%0.55%0.18%0.13%
Cost of Goods Sold+527.35M374.57M432.52M461.41M509.79M680.57M825.03M1.2B1.4B1.48B
COGS % of Revenue0.54%0.77%0.95%0.88%0.88%1.01%1%0.94%0.93%0.86%
Gross Profit+447.25M112.96M22.27M61.08M70.13M-5.54M731K82.29M110.61M233.17M
Gross Margin %0.46%0.23%0.05%0.12%0.12%-0.01%0%0.06%0.07%0.14%
Gross Profit Growth %-0.23%-0.75%-0.8%1.74%0.15%-1.08%1.13%111.58%0.34%1.11%
Operating Expenses+270.68M228.8M163.7M155.58M120.44M23.81M73.88M58.39M75.65M105.62M
OpEx % of Revenue0.28%0.47%0.36%0.3%0.21%0.04%0.09%0.05%0.05%0.06%
Selling, General & Admin270.68M228.8M163.7M155.58M120.44M23.81M73.88M58.39M64.25M88.42M
SG&A % of Revenue0.28%0.47%0.36%0.3%0.21%0.04%0.09%0.05%0.04%0.05%
Research & Development0000000011.4M17.2M
R&D % of Revenue--------0.01%0.01%
Other Operating Expenses0000000000
Operating Income+176.57M-115.84M-141.43M-94.5M-50.31M-29.36M-73.15M23.91M34.95M127.55M
Operating Margin %0.18%-0.24%-0.31%-0.18%-0.09%-0.04%-0.09%0.02%0.02%0.07%
Operating Income Growth %-0.44%-1.66%-0.22%0.33%0.47%0.42%-1.49%1.33%0.46%2.65%
EBITDA+285.53M-1.62M-19.33M16.79M42.48M84.34M50.72M163.68M207.22M291.02M
EBITDA Margin %0.29%-0%-0.04%0.03%0.07%0.12%0.06%0.13%0.14%0.17%
EBITDA Growth %-0.3%-1.01%-10.9%1.87%1.53%0.99%-0.4%2.23%0.27%0.4%
D&A (Non-Cash Add-back)108.96M114.22M122.1M111.29M92.8M113.69M123.87M139.77M172.26M163.47M
EBIT143.43M-181.72M-86.54M-93.68M-211.53M-304.79M-106.83M21.34M24.89M110.48M
Net Interest Income+341K2.07M2.31M4.24M2.27M-5.66M-8.79M-241K-3.94M-12.52M
Interest Income341K2.07M2.31M4.24M2.27M00000
Interest Expense000005.66M8.79M241K3.94M12.52M
Other Income/Expense-33.14M-65.88M54.89M817K-161.22M-281.09M-42.48M-2.81M-14.01M-29.58M
Pretax Income+143.43M-181.72M-86.54M-93.68M-211.53M-310.44M-115.62M21.1M20.95M97.97M
Pretax Margin %0.15%-0.37%-0.19%-0.18%-0.36%-0.46%-0.14%0.02%0.01%0.06%
Income Tax+37.32M-25.64M72.92M-2.95M23.79M-3.4M16.27M41.25M44.31M46.05M
Effective Tax Rate %0.55%0.74%1.84%0.97%1.11%0.99%1.14%-0.95%-1.12%0.53%
Net Income+79.11M-135.34M-159.46M-90.73M-235.33M-307.05M-131.89M-20.14M-23.36M51.92M
Net Margin %0.08%-0.28%-0.35%-0.17%-0.41%-0.45%-0.16%-0.02%-0.02%0.03%
Net Income Growth %1.06%-2.71%-0.18%0.43%-1.59%-0.3%0.57%0.85%-0.16%3.22%
Net Income (Continuing)106.11M-156.08M-159.46M-90.73M-235.33M-307.05M-131.89M-20.14M-23.36M51.92M
Discontinued Operations0000000000
Minority Interest240.13M000000000
EPS (Diluted)+0.43-0.77-0.71-0.40-1.73-4.33-1.64-0.18-0.210.45
EPS Growth %1.07%-2.79%0.08%0.44%-3.33%-1.5%0.62%0.89%-0.17%3.14%
EPS (Basic)0.51-0.77-0.71-0.40-0.29-4.33-1.64-0.18-0.210.45
Diluted Shares Outstanding182.2M176.85M223.25M224.09M37.53M70.89M80.53M109.07M109.16M115.83M
Basic Shares Outstanding154.95M176.85M223.25M224.09M225.29M70.89M80.53M109.07M109.16M114.76M
Dividend Payout Ratio1.17%---------

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Current Assets+1.02B640.05M511.89M492.09M466.42M427.95M764.13M865.51M851.6M964.05M
Cash & Short-Term Investments602.36M319.53M294.04M212.81M196.74M120.71M239.85M218.46M153.17M184.66M
Cash Only602.36M319.53M213.01M186.21M196.74M120.71M239.85M218.46M153.17M184.66M
Short-Term Investments0081.02M26.6M000000
Accounts Receivable246.19M167.42M127.21M189.41M166.69M213.93M339.85M446.18M496.7M546.21M
Days Sales Outstanding92.2125.34102.09132.32104.92115.67150.22127.29119.84116.4
Inventory161.26M139.08M76.42M69.38M78.83M53.36M125.12M153.72M143.32M159.04M
Days Inventory Outstanding111.62135.5364.4954.8856.4428.6255.3546.8737.3139.23
Other Current Assets13.92M14.03M14.23M20.48M24.16M39.96M59.32M47.15M58.41M74.13M
Total Non-Current Assets+703.1M948.01M749.87M701.84M527.75M636.3M1.16B1.1B1.21B1.44B
Property, Plant & Equipment624.96M567.02M469.65M416.49M361.02M351.97M561.95M537.17M585.53M630.34M
Fixed Asset Turnover1.56x0.86x0.97x1.25x1.61x1.92x1.47x2.38x2.58x2.72x
Goodwill18.65M211.06M211.04M211.04M99.93M25.5M179.9M220.98M247.69M348.92M
Intangible Assets6.56M45.08M33.9M31.07M16.97M173.17M253.05M229.5M239.72M298.86M
Long-Term Investments45.25M36.27M30.35M23.78M27.31M56.41M87.99M75.73M76.17M80.44M
Other Non-Current Assets7.14M9.26M4.94M4.83M5.92M4.75M7.6M8.26M12.3M10.94M
Total Assets+1.73B1.59B1.26B1.19B994.16M1.06B1.92B1.96B2.07B2.41B
Asset Turnover0.56x0.31x0.36x0.44x0.58x0.63x0.43x0.65x0.73x0.71x
Asset Growth %-0.02%-0.08%-0.21%-0.05%-0.17%0.07%0.81%0.02%0.05%0.17%
Total Current Liabilities+189.63M99.38M118.31M129.72M128.9M224.22M331.21M437.71M488.85M484.43M
Accounts Payable12.78M16.08M33.91M31.96M16.79M63.85M84.95M100.95M146.76M143.73M
Days Payables Outstanding8.8515.6728.6225.2812.0234.2537.5830.7838.235.45
Short-Term Debt7.32M276K4.72M5.63M7.92M15.28M20.84M20.1M19.5M19.49M
Deferred Revenue (Current)1000K1000K1000K116K657K01000K1000K1000K1000K
Other Current Liabilities79.22M47.84M41.37M49.12M60.37M109.08M144.04M181.67M207.59M219.31M
Current Ratio5.40x6.44x4.33x3.79x3.62x1.91x2.31x1.98x1.74x1.99x
Quick Ratio4.55x5.04x3.68x3.26x3.01x1.67x1.93x1.63x1.45x1.66x
Cash Conversion Cycle194.97245.2137.97161.92149.33110.05167.99143.38118.95120.18
Total Non-Current Liabilities+85.08M177.36M27.56M29.43M54.97M228.04M294.9M240.83M280.89M432.04M
Long-Term Debt0000000020M121.06M
Capital Lease Obligations000024.97M75.56M89.46M74.62M71.39M62.49M
Deferred Tax Liabilities40.26M20.95M229K221K2.92M51.31M100.79M57.7M75.31M118.72M
Other Non-Current Liabilities44.82M156.41M27.33M29.21M27.08M101.17M104.66M108.51M114.19M126.45M
Total Liabilities274.71M276.74M145.87M159.16M183.87M452.26M626.11M678.54M769.74M916.47M
Total Debt+7.32M276K4.72M5.63M32.89M90.84M110.3M94.72M110.88M203.05M
Net Debt-595.04M-319.25M-208.29M-180.59M-163.85M-29.87M-129.54M-123.74M-42.28M18.38M
Debt / Equity0.01x0.00x0.00x0.01x0.04x0.15x0.09x0.07x0.09x0.14x
Debt / EBITDA0.03x--0.34x0.77x1.08x2.17x0.58x0.54x0.70x
Net Debt / EBITDA-2.08x---10.75x-3.86x-0.35x-2.55x-0.76x-0.20x0.06x
Interest Coverage------5.19x-8.32x99.20x8.87x10.19x
Total Equity+1.45B1.31B1.12B1.03B810.29M611.98M1.3B1.29B1.3B1.49B
Equity Growth %-0.01%-0.1%-0.15%-0.07%-0.22%-0.24%1.12%-0.01%0.01%0.15%
Book Value per Share7.977.415.004.6221.598.6316.1111.7911.8712.88
Total Shareholders' Equity1.21B1.31B1.12B1.03B810.29M611.98M1.3B1.29B1.3B1.49B
Common Stock2.04M2.8M2.81M2.83M2.85M585K7.84M7.91M8.06M8.49M
Retained Earnings531.62M317.27M106.92M16.86M-220.81M-403.74M-535.63M-555.77M-579.13M-527.22M
Treasury Stock-9.3M-12.56M-13.74M-15.37M-17.26M0-22.79M-40.87M-64.7M-83.42M
Accumulated OCI-25.55M-32.98M-30.97M-32.34M-30.3M9.04M20.36M27.55M22.32M14.47M
Minority Interest240.13M000000000

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+427.76M-10.83M24.77M-34.38M26.86M70.39M16.14M80.17M138.31M169.48M
Operating CF Margin %0.44%-0.02%0.05%-0.07%0.05%0.1%0.02%0.06%0.09%0.1%
Operating CF Growth %0.16%-1.03%3.29%-2.39%1.78%1.62%-0.77%3.97%0.73%0.23%
Net Income79.11M-135.34M-159.46M-90.73M-235.33M-307.05M-131.89M-20.14M-23.36M51.92M
Depreciation & Amortization108.96M114.22M122.1M111.29M92.8M113.69M123.87M139.77M172.26M163.47M
Stock-Based Compensation0000000000
Deferred Taxes4.87M-27.54M62.42M-14.63M727K-20.6M-737K-1.33M-10.48M-5.76M
Other Non-Cash Items50.04M36.92M-40.97M9.45M161.53M267.97M42.65M10.07M17.11M9.72M
Working Capital Changes184.77M907K40.68M-49.75M7.13M16.37M-17.75M-48.2M-17.23M-49.86M
Change in Receivables140.66M70.39M21.27M-63.65M22.15M38.49M-20.26M-97.76M-34.9M-17.3M
Change in Inventory41.5M27.38M12.1M-2.92M-10.69M2.78M906K-26.04M10.57M4.93M
Change in Payables-3.04M-3.48M7.34M15.31M-3.94M-25.16M5.37M35.49M34.6M-11.08M
Cash from Investing+-174.69M-178.91M-77.71M10.4M-10.05M-96.77M112.05M-71.21M-148.23M-165.14M
Capital Expenditures-99.72M-42.13M-21.91M-56.47M-36.94M-112.39M-81.51M-81.9M-122.11M-143.58M
CapEx % of Revenue0.1%0.09%0.05%0.11%0.06%0.17%0.1%0.06%0.08%0.08%
Acquisitions----------
Investments----------
Other Investing0-307K-85K0-512K0189.74M007.5M
Cash from Financing+-141.21M-96.77M-52.47M-6.21M-5.76M-625K-7.18M-25.61M-49.34M29.57M
Debt Issued (Net)----------
Equity Issued (Net)----------
Dividends Paid-92.85M-79.01M-50.15M0000000
Share Repurchases----------
Other Financing-43.54M-8.03M000-625K-7.18M-12.62M-14.22M-29.19M
Net Change in Cash----------
Free Cash Flow+328.04M-52.96M2.87M-90.85M-10.08M-42M-65.37M-1.74M16.2M25.9M
FCF Margin %0.34%-0.11%0.01%-0.17%-0.02%-0.06%-0.08%-0%0.01%0.02%
FCF Growth %0.67%-1.16%1.05%-32.67%0.89%-3.17%-0.56%0.97%10.34%0.6%
FCF per Share1.80-0.300.01-0.41-0.27-0.59-0.81-0.020.150.22
FCF Conversion (FCF/Net Income)5.41x0.08x-0.16x0.38x-0.11x-0.23x-0.12x-3.98x-5.92x3.26x
Interest Paid0000000000
Taxes Paid0000021.44M20.13M33.17M44.27M39.25M

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)5.41%-9.79%-13.14%-8.44%-25.51%-43.18%-13.81%-1.56%-1.81%3.73%
Return on Invested Capital (ROIC)14.38%-9.4%-11.17%-8.05%-5.03%-3.58%-6.27%1.54%2.17%6.92%
Gross Margin45.89%23.17%4.9%11.69%12.09%-0.82%0.09%6.43%7.31%13.61%
Net Margin8.12%-27.76%-35.06%-17.37%-40.58%-45.49%-15.97%-1.57%-1.54%3.03%
Debt / Equity0.01x0.00x0.00x0.01x0.04x0.15x0.09x0.07x0.09x0.14x
Interest Coverage------5.19x-8.32x99.20x8.87x10.19x
FCF Conversion5.41x0.08x-0.16x0.38x-0.11x-0.23x-0.12x-3.98x-5.92x3.26x
Revenue Growth-25.13%-49.98%-6.71%14.89%10.99%16.4%22.33%54.94%18.24%13.22%

Revenue by Segment

2015201620172018201920202021202220232024
Well Management------713.64M778.98M979.21M1.14B
Well Management Growth-------9.16%25.70%16.40%
Well Construction------112.13M500.44M533.56M573M
Well Construction Growth-------346.32%6.62%7.39%
Service---416.78M473.54M328.46M----
Service Growth----13.62%-30.64%----
Product---105.71M106.38M61.9M----
Product Growth----0.63%-41.81%----
International Services-237.28M206.77M-------
International Services Growth---12.86%-------
U.S. Services-172.42M135.89M-------
U.S. Services Growth---21.19%-------
Tubular Sales-106.97M72.34M-------
Tubular Sales Growth---32.37%-------
Blackhawk--71.15M-------
Blackhawk Growth----------
Corporate and Other-62.52M---------
Corporate and Other Growth----------

Revenue by Geography

2015201620172018201920202021202220232024
NLA------193.16M499.81M511.8M566.05M
NLA Growth-------158.76%2.40%10.60%
ESSA------300.56M389.34M520.95M564.44M
ESSA Growth-------29.54%33.80%8.35%
MENA------171.14M201.5M233.53M332.22M
MENA Growth-------17.74%15.90%42.26%
APAC------160.91M188.77M246.49M250.1M
APAC Growth-------17.31%30.58%1.47%
United States-----155.24M----
United States Growth----------
EMEA-----101.69M----
EMEA Growth----------
Latin America56.52M35.39M33.13M46.55M72.72M87.52M----
Latin America Growth--37.38%-6.38%40.51%56.21%20.35%----
Asia Pacific-30.32M20.57M27.51M35.91M34.09M----
Asia Pacific Growth---32.16%33.71%30.54%-5.05%----
Other Geographical Areas---32.05M22.84M11.81M----
Other Geographical Areas Growth-----28.73%-48.28%----
UNITED STATES530.13M247.86M--------
UNITED STATES Growth--53.24%--------
Europe, Middle East and Africa314.17M160.65M--------
Europe, Middle East and Africa Growth--48.87%--------
Other Countries17.78M13.3M--------
Other Countries Growth--25.21%--------
Dubai140.4M---------
Dubai Growth----------
Far East55.99M---------
Far East Growth----------

Frequently Asked Questions

Valuation & Price

Expro Group Holdings N.V. (XPRO) has a price-to-earnings (P/E) ratio of 36.1x. This suggests investors expect higher future growth.

Growth & Financials

Expro Group Holdings N.V. (XPRO) reported $1.66B in revenue for fiscal year 2024. This represents a 64% increase from $1.01B in 2011.

Expro Group Holdings N.V. (XPRO) grew revenue by 13.2% over the past year. This is steady growth.

Yes, Expro Group Holdings N.V. (XPRO) is profitable, generating $68.9M in net income for fiscal year 2024 (3.0% net margin).

Dividend & Returns

Expro Group Holdings N.V. (XPRO) has a return on equity (ROE) of 3.7%. This is below average, suggesting room for improvement.

Expro Group Holdings N.V. (XPRO) generated $127.6M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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