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Drilling Tools International Corp.(DTI)Earnings, Financials & Key Ratios
DTI•NASDAQ
$3.39
$119M mkt cap·Price updated May 6, 2026
AboutDrilling Tools International Corp. provides oilfield equipment and services to oil and natural gas sectors in North America, Europe, and the Middle East. It offers downhole desander and filters; non-mag and steel drill collars; tubulars; flapper plugs; and well bore conditioning and fraction reduction technologies. The company also provides hole openers, roller reamers, and extended reach drilling tools; stabilizers comprising integral blade, sleeve, and welded blade string stabilizers, as well as hard facing tools; stinger valves; and sub-assemblies, which includes heat-treated steel and non-magnetic metal subs. In addition, it offers handling tools, such as elevators, brackets and bail assembly, slips, tongs, stabbing guides, and safety clamps; blowout preventors and pressure control equipment; and drilling accessories including float valve, ring gauge, tool basket, lift bail, and ditch magnet. Further, the company provides downhole inspection, well fence data automation, and compass services. Drilling Tools International Corp. was founded in 1984 and is headquartered in Houston, Texas.Show more
- Revenue$160M+3.4%
- EBITDA$36M-3.1%
- Net Income-$4M-224.8%
- EPS (Diluted)-0.11-217.9%
- Gross Margin57.04%-4.4%
- EBITDA Margin22.62%-6.2%
- Operating Margin5.52%-36.5%
- Net Margin-2.36%-220.7%
- ROE-3.1%-207.2%
- ROIC3.61%-47.7%
- Debt/Equity0.46-27.7%
- Interest Coverage1.74-7.5%
DTI Key Insights
Drilling Tools International Corp. (DTI) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Momentum leader: RS Rating 82 (top 18%)
- ✓Trading at only 1.0x book value
✗Weaknesses
- ✗Negative free cash flow
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
DTI Price & Volume
Drilling Tools International Corp. (DTI) stock price & volume — 10-year historical chart
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DTI Growth Metrics
Drilling Tools International Corp. (DTI) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years7.21%
TTM3.35%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-224.86%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-195.48%
Return on Capital
10 Years14.96%
5 Years14.96%
3 Years14.88%
Last Year4.61%
DTI Recent Earnings
Drilling Tools International Corp. (DTI) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 4/12 qtrs (44%)●Beat Revenue 7/12 qtrs (78%)
Q2 2026Latest
Mar 5, 2026EPS
$0.04
Est $0.00
+852.4%
Revenue
$39M
Est $37M
+4.0%
Q4 2025
Nov 6, 2025EPS
$0.02
Est $0.01
+300.0%
Revenue
$39M
Est $37M
+4.9%
Q3 2025
Aug 13, 2025EPS
$0.02
Est $0.04
-150.0%
Revenue
$39M
Est $37M
+5.6%
Q2 2025
May 13, 2025EPS
$0.02
Est $0.04
-50.0%
Revenue
$43M
Est $40M
+6.8%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 5, 2026 | $0.04vs $0.00+852.4% | $39Mvs $37M+4.0% |
| Q4 2025 | Nov 6, 2025 | $0.02vs $0.01+300.0% | $39Mvs $37M+4.9% |
| Q3 2025 | Aug 13, 2025 | $0.02vs $0.04-150.0% | $39Mvs $37M+5.6% |
| Q2 2025 | May 13, 2025 | $0.02vs $0.04-50.0% | $43Mvs $40M+6.8% |
Based on last 12 quarters of dataView full earnings history →
DTI Peer Comparison
Drilling Tools International Corp. (DTI) competitors in Drilling and Well Construction — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 KLXE | 61.18M | 3.43 | -0.83 | -10.25% | -12.11% | |||
 NESR | 2.38B | 24.79 | 30.99 | 13.6% | 5.53% | 7.33% | 0.45 | |
 DNOW | 1.42B | 13.50 | -18 | 18.84% | -2.66% | -3.35% | 0.30 | |
 BKR | 66.1B | 66.65 | 25.64 | -0.34% | 11.17% | 16.13% | 0.38 | |
 HAL | 33.74B | 40.40 | 26.93 | -3.31% | 6.95% | 14.59% | 0.77 | |
 SLB | 82.8B | 55.16 | 23.47 | -1.6% | 9.38% | 13.88% | 0.45 | |
 NOV | 7.28B | 20.18 | 51.74 | -1.42% | 1.05% | 1.42% | 0.37 | |
 NCSM | 105.14M | 40.06 | 4.63 | 13.64% | 10.76% | 14.37% | 0.09 |
Compare DTI vs Peers
Drilling Tools International Corp. (DTI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
DTI Income Statement
Drilling Tools International Corp. (DTI) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|
| Sales/Revenue | 77.38M | 129.56M | 152.03M | 154.45M | 159.63M |
| Revenue Growth % | - | 67.43% | 17.35% | 1.59% | 3.35% |
| Cost of Goods Sold | 23.63M | 52.71M | 55.87M | 62.32M | 68.57M |
| COGS % of Revenue | 30.54% | 40.69% | 36.75% | 40.35% | 42.96% |
| Gross Profit | 53.75M▲ 0% | 76.84M▲ 43.0% | 96.16M▲ 25.1% | 92.12M▼ 4.2% | 91.06M▼ 1.2% |
| Gross Margin % | 69.46% | 59.31% | 63.25% | 59.65% | 57.04% |
| Gross Profit Growth % | - | 42.96% | 25.14% | -4.2% | -1.16% |
| Operating Expenses | 60.03M | 51.57M | 68.26M | 78.69M | 82.24M |
| OpEx % of Revenue | 77.58% | 39.8% | 44.9% | 50.95% | 51.52% |
| Selling, General & Admin | 38.31M | 51.57M | 70.6M | 78.69M | 82.24M |
| SG&A % of Revenue | 49.51% | 39.8% | 46.44% | 50.95% | 51.52% |
| Research & Development | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - |
| Other Operating Expenses | 21.72M | 0 | -2.34M | 0 | 0 |
| Operating Income | -6.28M▲ 0% | 25.28M▲ 502.7% | 27.9M▲ 10.4% | 13.43M▼ 51.9% | 8.82M▼ 34.3% |
| Operating Margin % | -8.11% | 19.51% | 18.35% | 8.69% | 5.52% |
| Operating Income Growth % | - | 502.69% | 10.37% | -51.87% | -34.34% |
| EBITDA | 15.44M | 44.99M | 48.25M | 37.26M | 36.11M |
| EBITDA Margin % | 19.96% | 34.72% | 31.74% | 24.12% | 22.62% |
| EBITDA Growth % | - | 191.34% | 7.26% | -22.78% | -3.09% |
| D&A (Non-Cash Add-back) | 21.72M | 19.71M | 20.35M | 23.83M | 27.29M |
| EBIT | 3.12M | 25.25M | 20.9M | 6.35M | 8.82M |
| Net Interest Income | -1.23M | -425K | -1.05M | -3.17M | -5.05M |
| Interest Income | 0 | 52K | 48K | 197K | 0 |
| Interest Expense | 1.23M | 477K | 1.1M | 3.37M | 5.05M |
| Other Income/Expense | 8.17M | -500K | -8.11M | -10.44M | -11.67M |
| Pretax Income | 1.89M▲ 0% | 24.78M▲ 1209.6% | 19.79M▼ 20.1% | 2.98M▼ 84.9% | -2.86M▼ 195.7% |
| Pretax Margin % | 2.45% | 19.12% | 13.02% | 1.93% | -1.79% |
| Income Tax | -209K | 3.7M | 5.05M | -30K | 905K |
| Effective Tax Rate % | -11.05% | 14.92% | 25.49% | -1.01% | -31.69% |
| Net Income | 2.1M▲ 0% | 21.08M▲ 903.3% | 14.75M▼ 30.0% | 3.01M▼ 79.6% | -3.76M▼ 224.8% |
| Net Margin % | 2.72% | 16.27% | 9.7% | 1.95% | -2.36% |
| Net Income Growth % | - | 903.33% | -30.04% | -79.56% | -224.78% |
| Net Income (Continuing) | 2.1M | 21.08M | 14.75M | 3.01M | -3.76M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 12K |
| EPS (Diluted) | -0.01▲ 0% | 1.01▲ 11577.3% | 0.59▼ 41.6% | 0.09▼ 84.2% | -0.11▼ 217.9% |
| EPS Growth % | - | - | -41.58% | -84.19% | -217.9% |
| EPS (Basic) | -0.01 | 1.66 | 0.50 | 0.09 | -0.11 |
| Diluted Shares Outstanding | 26.85M | 19.68M | 25.13M | 32.31M | 35.53M |
| Basic Shares Outstanding | 26.85M | 26.85M | 29.77M | 31.94M | 35.53M |
| Dividend Payout Ratio | - | - | - | - | - |
DTI Balance Sheet
Drilling Tools International Corp. (DTI) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|
| Total Current Assets | 24.24M | 40.16M | 46.41M | 68.08M | 64.89M |
| Cash & Short-Term Investments | 961K | 3.5M | 6.89M | 6.18M | 3.65M |
| Cash Only | 52K | 2.35M | 6M | 6.18M | 3.65M |
| Short-Term Investments | 909K | 1.14M | 888K | 0 | 0 |
| Accounts Receivable | 20.04M | 31.11M | 29.93M | 40.52M | 39.22M |
| Days Sales Outstanding | 94.52 | 87.66 | 71.85 | 95.75 | 89.69 |
| Inventory | 2.34M | 3.28M | 5.03M | 17.5M | 18.15M |
| Days Inventory Outstanding | 36.16 | 22.72 | 32.89 | 102.5 | 96.61 |
| Other Current Assets | 12K | 493K | 19K | -1K | 3.87M |
| Total Non-Current Assets | 45.26M | 65.06M | 86.09M | 154.35M | 157.29M |
| Property, Plant & Equipment | 44.39M | 64.19M | 84.59M | 98.29M | 97.78M |
| Fixed Asset Turnover | 1.74x | 2.02x | 1.80x | 1.57x | 1.63x |
| Goodwill | 0 | 0 | 0 | 12.15M | 14.62M |
| Intangible Assets | 402K | 263K | 216K | 37.23M | 39.67M |
| Long-Term Investments | 0 | 0 | 0 | 4.26M | 3.84M |
| Other Non-Current Assets | 469K | 609K | 1.29M | 2.42M | 1.39M |
| Total Assets | 69.51M▲ 0% | 105.22M▲ 51.4% | 132.5M▲ 25.9% | 222.43M▲ 67.9% | 222.18M▼ 0.1% |
| Asset Turnover | 1.11x | 1.23x | 1.15x | 0.69x | 0.72x |
| Asset Growth % | - | 51.38% | 25.93% | 67.88% | -0.11% |
| Total Current Liabilities | 39.54M | 36.24M | 22.29M | 30.96M | 30.82M |
| Accounts Payable | 8.26M | 7.28M | 7.75M | 11.98M | 9.79M |
| Days Payables Outstanding | 127.62 | 50.42 | 50.64 | 70.18 | 52.09 |
| Short-Term Debt | 27.37M | 18.35M | 0 | 11.12M | 10.32M |
| Deferred Revenue (Current) | 63K | 83K | 1.04M | 675K | 0 |
| Other Current Liabilities | 2.02M | 3.67M | 5.08M | 4.51M | 10.71M |
| Current Ratio | 0.61x | 1.11x | 2.08x | 2.20x | 2.11x |
| Quick Ratio | 0.55x | 1.02x | 1.86x | 1.63x | 1.52x |
| Cash Conversion Cycle | 3.05 | 59.96 | 54.1 | 128.07 | 134.21 |
| Total Non-Current Liabilities | 18.8M | 19.88M | 21.52M | 71.51M | 68.49M |
| Long-Term Debt | 0 | 0 | 0 | 46.82M | 46.49M |
| Capital Lease Obligations | 0 | 16.69M | 14.89M | 18.77M | 0 |
| Deferred Tax Liabilities | 2.1M | 3.19M | 6.63M | 5.93M | 7.17M |
| Other Non-Current Liabilities | 16.7M | 0 | 0 | 0 | 14.83M |
| Total Liabilities | 58.35M | 56.12M | 43.81M | 102.47M | 99.31M |
| Total Debt | 27.37M | 38.35M | 18.85M | 76.7M | 56.82M |
| Net Debt | 27.32M | 36M | 12.85M | 70.51M | 53.17M |
| Debt / Equity | 2.45x | 0.78x | 0.21x | 0.64x | 0.46x |
| Debt / EBITDA | 1.77x | 0.85x | 0.39x | 2.06x | 1.57x |
| Net Debt / EBITDA | 1.77x | 0.80x | 0.27x | 1.89x | 1.47x |
| Interest Coverage | 2.54x | 52.94x | 18.95x | 1.89x | 1.74x |
| Total Equity | 11.16M▲ 0% | 49.1M▲ 340.0% | 88.69M▲ 80.6% | 119.96M▲ 35.3% | 122.87M▲ 2.4% |
| Equity Growth % | - | 339.98% | 80.62% | 35.26% | 2.43% |
| Book Value per Share | 0.42 | 2.50 | 3.53 | 3.71 | 3.46 |
| Total Shareholders' Equity | 11.16M | 49.1M | 88.69M | 119.96M | 122.86M |
| Common Stock | 532K | 1K | 3K | 3K | 4K |
| Retained Earnings | -42.13M | -21.05M | -6.31M | -3.58M | -7.34M |
| Treasury Stock | -933K | 0 | 0 | 0 | -1.26M |
| Accumulated OCI | -284K | -111K | -225K | -1.88M | 664K |
| Minority Interest | 0 | 0 | 0 | 0 | 12K |
DTI Cash Flow Statement
Drilling Tools International Corp. (DTI) cash flow — operating, investing & free cash flow history
| Line item | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|
| Cash from Operations | -494K | 13.99M | 23.33M | 6.06M | 19.92M |
| Operating CF Margin % | -0.64% | 10.8% | 15.35% | 3.92% | 12.48% |
| Operating CF Growth % | - | 2932.79% | 66.74% | -74.04% | 228.87% |
| Net Income | 2.1M | 21.08M | 14.75M | 3.01M | -3.76M |
| Depreciation & Amortization | 21.72M | 19.71M | 20.35M | 23.83M | 27.29M |
| Stock-Based Compensation | 32K | 0 | 3.99M | 2.09M | 2.46M |
| Deferred Taxes | -1.34M | 1.08M | 3.44M | -778K | -539K |
| Other Non-Cash Items | -17.82M | -13.44M | -11.07M | -4.51M | -1.68M |
| Working Capital Changes | -5.18M | -14.43M | -8.13M | -17.59M | -3.86M |
| Change in Receivables | -9.35M | -9.27M | -1.05M | -4.01M | 4.03M |
| Change in Inventory | 648K | -906K | -1.72M | -4.32M | 953K |
| Change in Payables | 3.08M | -1.43M | -1.55M | -78K | -4.75M |
| Cash from Investing | 3.34M | -2.53M | -23.86M | -53.59M | -13.27M |
| Capital Expenditures | -11.39M | -24.69M | -43.75M | -22.89M | -20.15M |
| CapEx % of Revenue | 14.72% | 19.06% | 28.78% | 14.82% | 12.62% |
| Acquisitions | 0 | 0 | 0 | -47.26M | -5.62M |
| Investments | - | - | - | - | - |
| Other Investing | 223.79M | 22.16M | 19.89M | 15.32M | 12.5M |
| Cash from Financing | -2.87M | -9.34M | 4.29M | 47.88M | -9.3M |
| Debt Issued (Net) | -135.21K | -9.09M | 4.81M | 48.61M | -6.81M |
| Equity Issued (Net) | 210.58M | 0 | -194K | 0 | -1.26M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | -1.26M |
| Other Financing | -213.31M | -251K | -324K | -722K | -1.23M |
| Net Change in Cash | -83K▲ 0% | 2.3M▲ 2871.1% | 3.65M▲ 58.7% | 182K▼ 95.0% | -2.54M▼ 1494.0% |
| Free Cash Flow | -11.88M▲ 0% | -10.69M▲ 10.0% | -20.42M▼ 90.9% | -16.83M▲ 17.5% | -224K▲ 98.7% |
| FCF Margin % | -15.35% | -8.25% | -13.43% | -10.9% | -0.14% |
| FCF Growth % | - | 9.99% | -90.91% | 17.55% | 98.67% |
| FCF per Share | -0.44 | -0.54 | -0.81 | -0.52 | -0.01 |
| FCF Conversion (FCF/Net Income) | -0.24x | 0.66x | 1.58x | 2.01x | -5.30x |
| Interest Paid | 1.93M | 340K | 1.17M | 2.67M | 0 |
| Taxes Paid | 422K | 723K | 3.01M | 2.97M | 0 |
DTI Key Ratios
Drilling Tools International Corp. (DTI) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Return on Equity (ROE) | 18.83% | 69.96% | 21.41% | 2.89% | -3.1% |
| Return on Invested Capital (ROIC) | -12.24% | 30.68% | 22.42% | 6.9% | 3.61% |
| Gross Margin | 69.46% | 59.31% | 63.25% | 59.65% | 57.04% |
| Net Margin | 2.72% | 16.27% | 9.7% | 1.95% | -2.36% |
| Debt / Equity | 2.45x | 0.78x | 0.21x | 0.64x | 0.46x |
| Interest Coverage | 2.54x | 52.94x | 18.95x | 1.89x | 1.74x |
| FCF Conversion | -0.24x | 0.66x | 1.58x | 2.01x | -5.30x |
| Revenue Growth | - | 67.43% | 17.35% | 1.59% | 3.35% |
DTI SEC Filings & Documents
Drilling Tools International Corp. (DTI) SEC filings — annual & quarterly reports (10-K, 10-Q)
DTI Frequently Asked Questions
Drilling Tools International Corp. (DTI) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Drilling Tools International Corp. (DTI) reported $159.6M in revenue for fiscal year 2025. This represents a 106% increase from $77.4M in 2021.
Drilling Tools International Corp. (DTI) grew revenue by 3.4% over the past year. Growth has been modest.
Drilling Tools International Corp. (DTI) reported a net loss of $3.8M for fiscal year 2025.
Dividend & Returns
Drilling Tools International Corp. (DTI) has a return on equity (ROE) of -3.1%. Negative ROE indicates the company is unprofitable.
Drilling Tools International Corp. (DTI) had negative free cash flow of $0.6M in fiscal year 2025, likely due to heavy capital investments.
Explore More DTI
Drilling Tools International Corp. (DTI) financial analysis — history, returns, DCA and operating performance tools
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Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates