Dawson Geophysical Company (DWSN) Financial Ratios
30 years of historical data (1996–2025) · Energy · Oil & Gas Equipment & Services
EV/EBITDA
↓
37.19
↑+36% vs avg
5yr avg: 27.29
30Y Low1.1·High67.4
P/FCF
18.64
↑+175% vs avg
5yr avg: 6.77
30Y Low1.3·High87.6
P/B Ratio
↑
8.42
↑+373% vs avg
5yr avg: 1.78
30Y Low0.2·High7.6
ROE
↑
-11.7%
↓+55% vs avg
5yr avg: -26.1%
30Y Low-78%·High90%
Debt/EBITDA
↑
5.16
+3% vs avg
5yr avg: 5.01
30Y Low0.2·High8.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
DWSN Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Dawson Geophysical Company currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 18.6x P/FCF, 175% above the 5-year average of 6.8x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $133M | $48M | $41M | $49M | $49M | $55M | $50M | $56M | $77M | $108M | $174M |
| Enterprise Value | $149M | $64M | $46M | $39M | $35M | $35M | $15M | $42M | $61M | $94M | $162M |
| P/E Ratio → | -68.53 | — | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 1.76 | 0.64 | 0.56 | 0.51 | 0.95 | 2.21 | 0.58 | 0.38 | 0.50 | 0.69 | 1.30 |
| P/B Ratio | 8.42 | 3.06 | 2.39 | 1.56 | 1.00 | 0.88 | 0.54 | 0.54 | 0.66 | 0.76 | 1.02 |
| P/FCF | 18.64 | 6.77 | — | — | — | — | 2.95 | 10.94 | — | — | 354.02 |
| P/OCF | 9.53 | 3.46 | — | 60.14 | — | — | 2.52 | 5.87 | 6.02 | — | 19.88 |
P/E links to full P/E history page with 30-year chart
DWSN EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Dawson Geophysical Company's enterprise value stands at 37.2x EBITDA, 36% above its 5-year average of 27.3x. The Energy sector median is 7.8x, placing the stock at a 374% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.85 | 0.62 | 0.41 | 0.68 | 1.40 | 0.17 | 0.29 | 0.40 | 0.60 | 1.21 |
| EV / EBITDA | 37.19 | 16.01 | 38.56 | — | — | — | 4.64 | 6.16 | 12.47 | 52.14 | — |
| EV / EBIT | — | — | — | — | — | — | — | — | — | — | — |
| EV / FCF | — | 8.98 | — | — | — | — | 0.88 | 8.21 | — | — | 329.03 |
DWSN Profitability
Margins and return-on-capital ratios measuring operating efficiency
Dawson Geophysical Company earns an operating margin of -2.2%, below the Energy sector average of 13.8%. Operating margins have expanded from -13.5% to -2.2% over the past 3 years, signaling improving operational efficiency. A negative ROE of -11.7% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 9.7% | 9.7% | 7.3% | 1.8% | -13.1% | 47.9% | 80.1% | 85.0% | 80.6% | 75.0% | 66.8% |
| Operating Margin | -2.2% | -2.2% | -6.1% | -13.5% | -43.0% | -118.4% | -16.3% | -11.1% | -16.2% | -23.8% | -37.1% |
| Net Profit Margin | -2.6% | -2.6% | -5.6% | -12.5% | -36.1% | -117.8% | -15.3% | -10.4% | -15.8% | -19.9% | -29.8% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -11.7% | -11.7% | -16.9% | -30.3% | -33.5% | -37.9% | -13.6% | -13.8% | -18.9% | -20.0% | -20.9% |
| ROA | -4.5% | -4.5% | -9.2% | -19.1% | -26.1% | -32.8% | -11.4% | -10.9% | -15.5% | -17.7% | -18.3% |
| ROIC | -4.7% | -4.7% | -15.7% | -34.4% | -43.0% | -44.5% | -14.4% | -12.8% | -16.5% | -19.7% | -21.7% |
| ROCE | -6.6% | -6.6% | -16.0% | -29.6% | -37.3% | -36.0% | -13.6% | -14.0% | -18.5% | -23.4% | -25.2% |
DWSN Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Dawson Geophysical Company carries a Debt/EBITDA ratio of 5.2x, which is highly leveraged (98% above the sector average of 2.6x). Net debt stands at $16M ($21M total debt minus $5M cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.31 | 1.31 | 0.33 | 0.20 | 0.10 | 0.08 | 0.07 | 0.12 | 0.11 | 0.06 | 0.01 |
| Debt / EBITDA | 5.16 | 5.16 | 4.87 | — | — | — | 1.93 | 1.83 | 2.59 | 4.38 | — |
| Net Debt / Equity | — | 1.00 | 0.25 | -0.30 | -0.28 | -0.32 | -0.38 | -0.13 | -0.14 | -0.10 | -0.07 |
| Net Debt / EBITDA | 3.93 | 3.93 | 3.70 | — | — | — | -10.94 | -2.05 | -3.23 | -7.88 | — |
| Debt / FCF | — | 2.20 | — | — | — | — | -2.07 | -2.73 | — | — | -24.98 |
| Interest Coverage | -2.61 | -2.61 | -24.86 | -117.86 | -597.00 | -1385.52 | -157.70 | -34.52 | -60.78 | -233.84 | -176.85 |
DWSN Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.81x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 1.48x to 0.81x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.81 | 0.81 | 1.46 | 1.48 | 2.71 | 5.65 | 7.87 | 3.59 | 2.82 | 4.33 | 5.05 |
| Quick Ratio | 0.81 | 0.81 | 1.42 | 1.48 | 2.71 | 6.82 | 7.87 | 3.52 | 2.82 | 4.33 | 5.05 |
| Cash Ratio | 0.20 | 0.20 | 0.14 | 0.72 | 1.17 | 3.38 | 5.58 | 1.57 | 1.44 | 2.17 | 3.66 |
| Asset Turnover | — | 1.35 | 2.40 | 1.66 | 0.75 | 0.33 | 0.83 | 1.14 | 1.02 | 0.95 | 0.71 |
| Inventory Turnover | — | — | 175.85 | — | — | — | — | 15.66 | — | — | — |
| Days Sales Outstanding | — | 63.83 | 51.00 | 48.00 | 94.77 | 131.62 | 31.13 | 61.15 | 60.15 | 77.01 | 43.89 |
DWSN Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Dawson Geophysical Company does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | 23.8% | — | — | — | — | — | 0.0% | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | — | — |
| FCF Yield | 5.4% | 14.8% | — | — | — | — | 33.9% | 9.1% | — | — | 0.3% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | 0.1% | 0.0% | 0.2% | 0.1% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 23.8% | 0.0% | 0.0% | 0.1% | 0.1% | 0.0% | 0.2% | 0.1% | 0.0% |
| Shares Outstanding | — | $31M | $31M | $27M | $25M | $24M | $23M | $23M | $23M | $23M | $23M |
Peer Comparison
Compare DWSN with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 DWSNYou | $133M | -68.5 | 37.2 | 18.6 | 9.7% | -2.2% | -11.7% | -4.7% | 5.2 |
 TGLS | $2B | 13.4 | 7.9 | 59.1 | 42.8% | 23.5% | 23.7% | 24.9% | 0.6 |
 MIND | $48M | 52.7 | 8.0 | 24.9 | 43.4% | 7.0% | 2.2% | 9.2% | 0.3 |
 TGS | $5B | 14.1 | 7.1 | 25.6 | 53.6% | 43.3% | 18.3% | 19.3% | 1.5 |
 SLB | $72B | 20.5 | 11.1 | 15.1 | 18.2% | 15.3% | 13.5% | 12.1% | 1.7 |
 HAL | $29B | 23.3 | 10.3 | 17.4 | 15.7% | 10.2% | 12.2% | 10.2% | 2.4 |
 BKR | $58B | 22.5 | 12.9 | 22.8 | 23.6% | 12.8% | 14.4% | 12.7% | 1.5 |
 KLXE | $46M | -0.6 | 5.5 | — | 6.3% | -4.8% | — | -9.4% | 4.9 |
 XOM | $584B | 20.6 | 10.3 | 24.7 | 21.7% | 10.5% | 10.7% | 8.6% | 0.7 |
 CVX | $346B | 26.2 | 10.4 | 20.9 | 30.4% | 9.0% | 7.1% | 6.2% | 1.3 |
 COP | $131B | 17.0 | 6.4 | 7.8 | 24.6% | 19.6% | 12.4% | 10.4% | 1.0 |
| Energy Median | — | 15.5 | 7.8 | 13.8 | 33.7% | 13.8% | 7.2% | 6.2% | 2.6 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Includes 30+ ratios · 30 years · Updated daily
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DWSN — Frequently Asked Questions
Quick answers to the most common questions about buying DWSN stock.
What is Dawson Geophysical Company's P/E ratio?
Dawson Geophysical Company's current P/E ratio is -68.5x. The historical average is 15.5x.
What is Dawson Geophysical Company's EV/EBITDA?
Dawson Geophysical Company's current EV/EBITDA is 37.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 12.1x.
What is Dawson Geophysical Company's ROE?
Dawson Geophysical Company's return on equity (ROE) is -11.7%. The historical average is -5.0%.
Is DWSN stock overvalued?
Based on historical data, Dawson Geophysical Company is trading at a P/E of -68.5x. Compare with industry peers and growth rates for a complete picture.
What are Dawson Geophysical Company's profit margins?
Dawson Geophysical Company has 9.7% gross margin and -2.2% operating margin.
How much debt does Dawson Geophysical Company have?
Dawson Geophysical Company's Debt/EBITDA ratio is 5.2x, indicating high leverage. A ratio above 4x may signal elevated financial risk.