KLX Energy Services Holdings, Inc. (KLXE) 10-Year Financial Performance & Capital Metrics

KLXE • • Industrial / General

EnergyOilfield ServicesDrilling Equipment & ServicesDrilling Tools & Rentals

AboutKLX Energy Services Holdings, Inc. provides drilling, completions, production, and well intervention services and products to the onshore oil and gas producing regions of the United States. The company operates through three segments: Southwest, Rocky Mountains, and Northeast/Mid-Con. It provides directional drilling services; and downhole navigational and rental tools businesses and support services, including well planning, site supervision, accommodation rentals, and other drilling rentals. The company also offers coiled tubing and nitrogen services; pressure control products and services; wellhead and hydraulic fracturing rental products and services; flowback and testing services; and wireline services. In addition, it offers toe sleeves; wet shoe cementing bypass subs; composite plugs; dissolvable plugs; liner hangers; stage cementing tools, inflatables, float and casing equipment; retrievable completion tools; cementing products and services; thru-tubing technologies and services; rig assist snubbing services; and acidizing and pressure pumping services. Further, the company provides production services comprising maintenance-related intervention services; production blow out presenters; mechanical wireline services; slick line services; hydro-testing services; premium tubulars; and other specialized production tools. It also provides intervention services consisting of technicians and equipment that are focused on providing customers engineered solutions to downhole complications. The company offers a range of technical services, and related tools and equipment to companies engaged in the exploration and development of North American onshore conventional and unconventional oil and natural gas reserves. KLX Energy Services Holdings, Inc. was incorporated in 2018 and is headquartered in Houston, Texas.Show more

Revenue $709M -20.2%
EBITDA $79M -39.5%
Net Income -$53M -376.0%
EPS (Diluted) -3.27 -368.0%
Gross Margin 22.5% -7.4%
EBITDA Margin 11.07% -24.2%
Operating Margin -2.19% -134.1%
Net Margin -7.47% -445.7%
ROE -374.56% -324.3%
ROIC -4.35% -129.0%
Debt/Equity -
Interest Coverage -0.39 -125.2%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient asset utilization: 1.6x turnover

✗Weaknesses

✗Weak Piotroski F-Score: 2/9
✗Negative free cash flow
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y5.45%

3Y17.6%

TTM-12.57%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-61.13%

EPS CAGR

10Y-

5Y-

3Y-

TTM-48.81%

ROCE

10Y Avg-14.62%

5Y Avg-14.05%

3Y Avg7.78%

Latest-4.48%

Peer Comparison

Drilling Tools & Rentals

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
XPROExpro Group Holdings N.V.	1.84B	16.24	36.09	13.22%	4.15%	4.54%	1.4%	0.14
DTIDrilling Tools International Corp.	111.58M	3.17	33.98	1.59%	-3.93%	-5.22%		0.64
INVXInnovex International, Inc.	1.68B	24.31	8.78	18.95%	10.58%	9.73%	4.77%	0.10
KLXEKLX Energy Services Holdings, Inc.	37.82M	2.12	-0.65	-20.16%	-11.89%	-374.56%

Profit & Loss

	Jan 2017	Jan 2018	Jan 2019	Jan 2020	Jan 2021	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	152.2M	320.5M	495.3M	544M	276.8M	436.1M	781.6M	888.4M	709.3M
Revenue Growth %	-	1.11%	0.55%	0.1%	-0.49%	0.58%	0.79%	0.14%	-0.2%
Cost of Goods Sold+	181.3M	269.1M	370.4M	470M	314.8M	442.5M	621.3M	672.5M	549.7M
COGS % of Revenue	1.19%	0.84%	0.75%	0.86%	1.14%	1.01%	0.79%	0.76%	0.77%
Gross Profit+	-29.1M	51.4M	124.9M	74M	-38M	-6.4M	160.3M	215.9M	159.6M
Gross Margin %	-0.19%	0.16%	0.25%	0.14%	-0.14%	-0.01%	0.21%	0.24%	0.23%
Gross Profit Growth %	-	2.77%	1.43%	-0.41%	-1.51%	0.83%	26.05%	0.35%	-0.26%
Operating Expenses+	60.4M	75.4M	102.8M	102.7M	89.5M	54.7M	127.8M	159M	175.1M
OpEx % of Revenue	0.4%	0.24%	0.21%	0.19%	0.32%	0.13%	0.16%	0.18%	0.25%
Selling, General & Admin	60.1M	73.4M	100.4M	100M	88.8M	54.1M	70.4M	86.7M	79.6M
SG&A % of Revenue	0.39%	0.23%	0.2%	0.18%	0.32%	0.12%	0.09%	0.1%	0.11%
Research & Development	300K	2M	2.4M	2.7M	700K	600K	600K	1.4M	1.4M
R&D % of Revenue	0%	0.01%	0%	0%	0%	0%	0%	0%	0%
Other Operating Expenses	0	0	0	0	0	0	56.8M	70.9M	94.1M
Operating Income+	-89.5M	-24M	22.1M	-28.7M	-301.1M	-61.1M	32.5M	56.9M	-15.5M
Operating Margin %	-0.59%	-0.07%	0.04%	-0.05%	-1.09%	-0.14%	0.04%	0.06%	-0.02%
Operating Income Growth %	-	0.73%	1.92%	-2.3%	-9.49%	0.8%	1.53%	0.75%	-1.27%
EBITDA+	-53.3M	9.5M	63.6M	35.4M	-242.1M	-7.2M	89.3M	129.7M	78.5M
EBITDA Margin %	-0.35%	0.03%	0.13%	0.07%	-0.87%	-0.02%	0.11%	0.15%	0.11%
EBITDA Growth %	-	1.18%	5.69%	-0.44%	-7.84%	0.97%	13.4%	0.45%	-0.39%
D&A (Non-Cash Add-back)	36.2M	33.5M	41.5M	64.1M	59M	53.9M	56.8M	72.8M	94M
EBIT	-89.5M	-24M	22.1M	-75.7M	-301.1M	-64.1M	32.5M	58.7M	-13M
Net Interest Income+	0	0	-7.1M	-29.2M	-30.7M	-29.4M	-35M	-34.7M	-36.9M
Interest Income	0	0	0	0	0	0	0	1.8M	2.5M
Interest Expense	0	0	7.1M	29.2M	30.7M	29.4M	35M	36.5M	39.4M
Other Income/Expense	0	0	-7.1M	-29.2M	-30.7M	-32.4M	-35M	-34.7M	-36.9M
Pretax Income+	-89.5M	-24M	15M	-104.9M	-331.8M	-93.5M	-2.5M	22.2M	-52.4M
Pretax Margin %	-0.59%	-0.07%	0.03%	-0.19%	-1.2%	-0.21%	-0%	0.02%	-0.07%
Income Tax+	100K	100K	600K	-8.5M	400K	300K	600K	3M	600K
Effective Tax Rate %	1%	1%	0.96%	0.92%	1%	1%	1.24%	0.86%	1.01%
Net Income+	-89.6M	-24.1M	14.4M	-96.4M	-332.2M	-93.8M	-3.1M	19.2M	-53M
Net Margin %	-0.59%	-0.08%	0.03%	-0.18%	-1.2%	-0.22%	-0%	0.02%	-0.07%
Net Income Growth %	-	0.73%	1.6%	-7.69%	-2.45%	0.72%	0.97%	7.19%	-3.76%
Net Income (Continuing)	-89.6M	-24.1M	14.4M	-96.4M	-332.2M	-93.8M	-3.1M	19.2M	-53M
Discontinued Operations	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-21.96	-5.91	3.56	-21.61	-51.11	-10.78	-0.27	1.22	-3.27
EPS Growth %	-	0.73%	1.6%	-7.07%	-1.37%	0.79%	0.97%	5.52%	-3.68%
EPS (Basic)	-22.40	-6.02	3.58	-21.61	-51.11	-10.78	-0.27	1.23	-3.27
Diluted Shares Outstanding	4.08M	4.08M	4.04M	4.46M	6.5M	8.7M	11.3M	15.7M	16.2M
Basic Shares Outstanding	4M	4M	4.02M	4.46M	6.5M	8.7M	11.3M	15.6M	16.2M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-

Balance Sheet

	Jan 2017	Jan 2018	Jan 2019	Jan 2020	Jan 2021	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	40.4M	86.1M	308.3M	228.5M	150.7M	164.7M	254.7M	290.3M	233M
Cash & Short-Term Investments	0	0	163.8M	123.5M	47.1M	28M	57.4M	112.5M	91.6M
Cash Only	0	0	163.8M	123.5M	47.1M	28M	57.4M	112.5M	91.6M
Short-Term Investments	0	0	0	0	0	0	0	0	0
Accounts Receivable	30.5M	73.9M	119.6M	79.2M	67M	103.2M	154.3M	127M	96.9M
Days Sales Outstanding	73.14	84.16	88.14	53.14	88.35	86.37	72.06	52.18	49.86
Inventory	9.3M	10.2M	15.4M	12M	20.8M	22.4M	25.7M	33.5M	31M
Days Inventory Outstanding	18.72	13.84	15.18	9.32	24.12	18.48	15.1	18.18	20.58
Other Current Assets	600K	2M	9.5M	13.8M	15.8M	11.1M	17.3M	17.3M	13.5M
Total Non-Current Assets+	164.6M	187.7M	364.5M	394.9M	212M	223M	211.2M	249.5M	223.3M
Property, Plant & Equipment	161M	179.5M	271.9M	306.8M	203.7M	218.4M	205.5M	242.9M	216.7M
Fixed Asset Turnover	0.95x	1.79x	1.82x	1.77x	1.36x	2.00x	3.80x	3.66x	3.27x
Goodwill	0	0	43.2M	28.3M	0	0	0	0	0
Intangible Assets	3.1M	2.8M	30.3M	45.8M	2.5M	0	2.1M	1.8M	1.5M
Long-Term Investments	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	500K	5.4M	19.1M	14M	5.8M	4.6M	3.6M	4.8M	5.1M
Total Assets+	205M	273.8M	672.8M	623.4M	362.7M	387.7M	465.9M	539.8M	456.3M
Asset Turnover	0.74x	1.17x	0.74x	0.87x	0.76x	1.12x	1.68x	1.65x	1.55x
Asset Growth %	-	0.34%	1.46%	-0.07%	-0.42%	0.07%	0.2%	0.16%	-0.15%
Total Current Liabilities+	25.6M	48M	85.2M	64.8M	77.7M	122.7M	154.4M	164.1M	140.1M
Accounts Payable	15.4M	31.8M	47.3M	31.4M	39.4M	72.1M	84.2M	87.9M	74.4M
Days Payables Outstanding	31	43.13	46.61	24.39	45.68	59.47	49.47	47.71	49.4
Short-Term Debt	0	0	0	0	1.9M	21.5M	24.4M	0	0
Deferred Revenue (Current)	0	0	0	0	0	1000K	0	0	0
Other Current Liabilities	3.4M	0	0	0	16.5M	26.1M	-5.2M	18M	-1.8M
Current Ratio	1.58x	1.79x	3.62x	3.53x	1.94x	1.34x	1.65x	1.77x	1.66x
Quick Ratio	1.21x	1.58x	3.44x	3.34x	1.67x	1.16x	1.48x	1.56x	1.44x
Cash Conversion Cycle	60.86	54.86	56.7	38.07	66.78	45.38	37.69	22.65	21.05
Total Non-Current Liabilities+	1.4M	1.2M	246.9M	246.4M	252.9M	316.4M	327.3M	336.9M	326.7M
Long-Term Debt	0	0	242.2M	243M	243.9M	274.8M	283.4M	284.3M	285.1M
Capital Lease Obligations	0	0	0	0	4.4M	40.6M	43.1M	52.2M	39.9M
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	1.4M	1.2M	4.7M	3.4M	4.6M	1M	800K	400K	1.7M
Total Liabilities	27M	49.2M	332.1M	311.2M	330.6M	439.1M	481.7M	501M	466.8M
Total Debt+	0	0	242.2M	243M	250.2M	336.9M	350.9M	365.4M	344.9M
Net Debt	0	0	78.4M	119.5M	203.1M	308.9M	293.5M	252.9M	253.3M
Debt / Equity	-	-	0.71x	0.78x	7.79x	-	-	9.42x	-
Debt / EBITDA	-	-	3.81x	6.86x	-	-	3.93x	2.82x	4.39x
Net Debt / EBITDA	-	-	1.23x	3.38x	-	-	3.29x	1.95x	3.23x
Interest Coverage	-	-	3.11x	-0.98x	-9.81x	-2.08x	0.93x	1.56x	-0.39x
Total Equity+	178M	224.6M	340.7M	312.2M	32.1M	-51.4M	-15.8M	38.8M	-10.5M
Equity Growth %	-	0.26%	0.52%	-0.08%	-0.9%	-2.6%	0.69%	3.46%	-1.27%
Book Value per Share	43.63	55.05	84.33	70.00	4.94	-5.91	-1.40	2.47	-0.65
Total Shareholders' Equity	178M	224.6M	340.7M	312.2M	32.1M	-51.4M	-15.8M	38.8M	-10.5M
Common Stock	955.1M	1.03B	200K	200K	100K	100K	100K	100K	200K
Retained Earnings	-777.1M	-801.2M	-4.5M	-100.9M	-433.1M	-525.3M	-528.6M	-509.4M	-562.4M
Treasury Stock	0	0	0	-3.6M	-4M	-4.3M	-4.6M	-5.3M	-5.8M
Accumulated OCI	-98.2M	-128.9M	-152.7M	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0

Cash Flow

	Jan 2017	Jan 2018	Jan 2019	Jan 2020	Jan 2021	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-37.5M	-9.4M	62M	58.1M	-64.9M	-55.6M	15.7M	115.6M	54.2M
Operating CF Margin %	-0.25%	-0.03%	0.13%	0.11%	-0.23%	-0.13%	0.02%	0.13%	0.08%
Operating CF Growth %	-	0.75%	7.6%	-0.06%	-2.12%	0.14%	1.28%	6.36%	-0.53%
Net Income	-89.6M	-24.1M	14.4M	-96.4M	-332.2M	-93.8M	-3.1M	19.2M	-53M
Depreciation & Amortization	36.2M	33.5M	41.5M	64.1M	61.7M	53.9M	56.8M	72.8M	94M
Stock-Based Compensation	9M	12.5M	23.5M	18.5M	17.8M	3.4M	3M	3M	3.9M
Deferred Taxes	0	0	300K	-8.9M	-100K	400K	0	0	0
Other Non-Cash Items	2.2M	500K	300K	65.5M	169.3M	116.7M	-8.8M	-10.8M	-9M
Working Capital Changes	4.7M	-31.8M	-18M	15.3M	18.6M	-14.7M	-32.2M	31.4M	18.3M
Change in Receivables	8.9M	-43M	-23.2M	39.9M	31.4M	-36.6M	-51M	44M	30.6M
Change in Inventory	1.1M	-900K	-6.8M	3.6M	-100K	-2.4M	-6.2M	-9M	1.4M
Change in Payables	-3.9M	12.6M	3.7M	-13.8M	-16.1M	29.1M	11.7M	-4.2M	-16.6M
Cash from Investing+	-29M	-48.8M	-214.1M	-97.7M	-11.9M	4.5M	-18.7M	-39.7M	-51.1M
Capital Expenditures	-29M	-48.8M	-84M	-70.8M	-12.2M	-11M	-35.6M	-57.1M	-65.1M
CapEx % of Revenue	0.19%	0.15%	0.17%	0.13%	0.04%	0.03%	0.05%	0.06%	0.09%
Acquisitions	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-
Other Investing	0	600K	9.9M	700K	4.3M	0	200K	16.3M	14M
Cash from Financing+	66.5M	58.2M	315.9M	-700K	400K	32M	32.4M	-20.8M	-24M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-
Other Financing	66.5M	58.2M	65.9M	0	1.9M	-900K	-2.7M	-5.8M	-7.4M
Net Change in Cash	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-66.5M	-58.2M	-22M	-12.7M	-77.1M	-66.6M	-19.9M	58.5M	-10.9M
FCF Margin %	-0.44%	-0.18%	-0.04%	-0.02%	-0.28%	-0.15%	-0.03%	0.07%	-0.02%
FCF Growth %	-	0.12%	0.62%	0.42%	-5.07%	0.14%	0.7%	3.94%	-1.19%
FCF per Share	-16.30	-14.26	-5.45	-2.85	-11.86	-7.66	-1.76	3.73	-0.67
FCF Conversion (FCF/Net Income)	0.42x	0.39x	4.31x	-0.60x	0.20x	0.59x	-5.06x	6.02x	-1.02x
Interest Paid	0	0	0	29.4M	0	0	33.7M	35M	37.1M
Taxes Paid	0	0	0	1M	0	0	600K	600K	3.3M

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-50.34%	-11.97%	5.09%	-29.53%	-192.97%	-	-	166.96%	-374.56%
Return on Invested Capital (ROIC)	-37.71%	-8.94%	5.15%	-5.06%	-67.72%	-18.6%	9.11%	14.99%	-4.35%
Gross Margin	-19.12%	16.04%	25.22%	13.6%	-13.73%	-1.47%	20.51%	24.3%	22.5%
Net Margin	-58.87%	-7.52%	2.91%	-17.72%	-120.01%	-21.51%	-0.4%	2.16%	-7.47%
Debt / Equity	-	-	0.71x	0.78x	7.79x	-	-	9.42x	-
Interest Coverage	-	-	3.11x	-0.98x	-9.81x	-2.08x	0.93x	1.56x	-0.39x
FCF Conversion	0.42x	0.39x	4.31x	-0.60x	0.20x	0.59x	-5.06x	6.02x	-1.02x
Revenue Growth	-	110.58%	54.54%	9.83%	-49.12%	57.55%	79.22%	13.66%	-20.16%

Revenue by Segment

	2018	2019	2020	2022	2023	2024
Rocky Mountains	179.7M	216.4M	99.3M	229M	271.3M	-
Rocky Mountains Growth	-	20.42%	-54.11%	130.61%	18.47%	-

Revenue by Geography

	2018	2019	2020	2022	2023	2024
Southwest	186.2M	177.9M	83.6M	255.2M	304.9M	270.7M
Southwest Growth	-	-4.46%	-53.01%	205.26%	19.47%	-11.22%
Northeast	129.4M	149.7M	93.9M	297.4M	312.2M	211.6M
Northeast Growth	-	15.69%	-37.27%	216.72%	4.98%	-32.22%

Frequently Asked Questions

Growth & Financials

KLX Energy Services Holdings, Inc. (KLXE) reported $645.2M in revenue for fiscal year 2024. This represents a 324% increase from $152.2M in 2016.

KLX Energy Services Holdings, Inc. (KLXE) saw revenue decline by 20.2% over the past year.

KLX Energy Services Holdings, Inc. (KLXE) reported a net loss of $76.7M for fiscal year 2024.

Dividend & Returns

KLX Energy Services Holdings, Inc. (KLXE) has a return on equity (ROE) of -374.6%. Negative ROE indicates the company is unprofitable.

KLX Energy Services Holdings, Inc. (KLXE) had negative free cash flow of $34.0M in fiscal year 2024, likely due to heavy capital investments.

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KLX Energy Services Holdings, Inc. (KLXE) 10-Year Financial Performance & Capital Metrics

KLXE • • Industrial / General

EnergyOilfield ServicesDrilling Equipment & ServicesDrilling Tools & Rentals

Revenue $709M -20.2%
EBITDA $79M -39.5%
Net Income -$53M -376.0%
EPS (Diluted) -3.27 -368.0%
Gross Margin 22.5% -7.4%
EBITDA Margin 11.07% -24.2%
Operating Margin -2.19% -134.1%
Net Margin -7.47% -445.7%
ROE -374.56% -324.3%
ROIC -4.35% -129.0%
Debt/Equity -
Interest Coverage -0.39 -125.2%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Efficient asset utilization: 1.6x turnover

✗Weaknesses

✗Weak Piotroski F-Score: 2/9
✗Negative free cash flow
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y5.45%

3Y17.6%

TTM-12.57%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-61.13%

EPS CAGR

10Y-

5Y-

3Y-

TTM-48.81%

ROCE

10Y Avg-14.62%

5Y Avg-14.05%

3Y Avg7.78%

Latest-4.48%

Peer Comparison

Drilling Tools & Rentals

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
XPROExpro Group Holdings N.V.	1.84B	16.24	36.09	13.22%	4.15%	4.54%	1.4%	0.14
DTIDrilling Tools International Corp.	111.58M	3.17	33.98	1.59%	-3.93%	-5.22%		0.64
INVXInnovex International, Inc.	1.68B	24.31	8.78	18.95%	10.58%	9.73%	4.77%	0.10
KLXEKLX Energy Services Holdings, Inc.	37.82M	2.12	-0.65	-20.16%	-11.89%	-374.56%

Profit & Loss

	Jan 2017	Jan 2018	Jan 2019	Jan 2020	Jan 2021	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	152.2M	320.5M	495.3M	544M	276.8M	436.1M	781.6M	888.4M	709.3M
Revenue Growth %	-	1.11%	0.55%	0.1%	-0.49%	0.58%	0.79%	0.14%	-0.2%
Cost of Goods Sold+	181.3M	269.1M	370.4M	470M	314.8M	442.5M	621.3M	672.5M	549.7M
COGS % of Revenue	1.19%	0.84%	0.75%	0.86%	1.14%	1.01%	0.79%	0.76%	0.77%
Gross Profit+	-29.1M	51.4M	124.9M	74M	-38M	-6.4M	160.3M	215.9M	159.6M
Gross Margin %	-0.19%	0.16%	0.25%	0.14%	-0.14%	-0.01%	0.21%	0.24%	0.23%
Gross Profit Growth %	-	2.77%	1.43%	-0.41%	-1.51%	0.83%	26.05%	0.35%	-0.26%
Operating Expenses+	60.4M	75.4M	102.8M	102.7M	89.5M	54.7M	127.8M	159M	175.1M
OpEx % of Revenue	0.4%	0.24%	0.21%	0.19%	0.32%	0.13%	0.16%	0.18%	0.25%
Selling, General & Admin	60.1M	73.4M	100.4M	100M	88.8M	54.1M	70.4M	86.7M	79.6M
SG&A % of Revenue	0.39%	0.23%	0.2%	0.18%	0.32%	0.12%	0.09%	0.1%	0.11%
Research & Development	300K	2M	2.4M	2.7M	700K	600K	600K	1.4M	1.4M
R&D % of Revenue	0%	0.01%	0%	0%	0%	0%	0%	0%	0%
Other Operating Expenses	0	0	0	0	0	0	56.8M	70.9M	94.1M
Operating Income+	-89.5M	-24M	22.1M	-28.7M	-301.1M	-61.1M	32.5M	56.9M	-15.5M
Operating Margin %	-0.59%	-0.07%	0.04%	-0.05%	-1.09%	-0.14%	0.04%	0.06%	-0.02%
Operating Income Growth %	-	0.73%	1.92%	-2.3%	-9.49%	0.8%	1.53%	0.75%	-1.27%
EBITDA+	-53.3M	9.5M	63.6M	35.4M	-242.1M	-7.2M	89.3M	129.7M	78.5M
EBITDA Margin %	-0.35%	0.03%	0.13%	0.07%	-0.87%	-0.02%	0.11%	0.15%	0.11%
EBITDA Growth %	-	1.18%	5.69%	-0.44%	-7.84%	0.97%	13.4%	0.45%	-0.39%
D&A (Non-Cash Add-back)	36.2M	33.5M	41.5M	64.1M	59M	53.9M	56.8M	72.8M	94M
EBIT	-89.5M	-24M	22.1M	-75.7M	-301.1M	-64.1M	32.5M	58.7M	-13M
Net Interest Income+	0	0	-7.1M	-29.2M	-30.7M	-29.4M	-35M	-34.7M	-36.9M
Interest Income	0	0	0	0	0	0	0	1.8M	2.5M
Interest Expense	0	0	7.1M	29.2M	30.7M	29.4M	35M	36.5M	39.4M
Other Income/Expense	0	0	-7.1M	-29.2M	-30.7M	-32.4M	-35M	-34.7M	-36.9M
Pretax Income+	-89.5M	-24M	15M	-104.9M	-331.8M	-93.5M	-2.5M	22.2M	-52.4M
Pretax Margin %	-0.59%	-0.07%	0.03%	-0.19%	-1.2%	-0.21%	-0%	0.02%	-0.07%
Income Tax+	100K	100K	600K	-8.5M	400K	300K	600K	3M	600K
Effective Tax Rate %	1%	1%	0.96%	0.92%	1%	1%	1.24%	0.86%	1.01%
Net Income+	-89.6M	-24.1M	14.4M	-96.4M	-332.2M	-93.8M	-3.1M	19.2M	-53M
Net Margin %	-0.59%	-0.08%	0.03%	-0.18%	-1.2%	-0.22%	-0%	0.02%	-0.07%
Net Income Growth %	-	0.73%	1.6%	-7.69%	-2.45%	0.72%	0.97%	7.19%	-3.76%
Net Income (Continuing)	-89.6M	-24.1M	14.4M	-96.4M	-332.2M	-93.8M	-3.1M	19.2M	-53M
Discontinued Operations	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-21.96	-5.91	3.56	-21.61	-51.11	-10.78	-0.27	1.22	-3.27
EPS Growth %	-	0.73%	1.6%	-7.07%	-1.37%	0.79%	0.97%	5.52%	-3.68%
EPS (Basic)	-22.40	-6.02	3.58	-21.61	-51.11	-10.78	-0.27	1.23	-3.27
Diluted Shares Outstanding	4.08M	4.08M	4.04M	4.46M	6.5M	8.7M	11.3M	15.7M	16.2M
Basic Shares Outstanding	4M	4M	4.02M	4.46M	6.5M	8.7M	11.3M	15.6M	16.2M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-

Balance Sheet

	Jan 2017	Jan 2018	Jan 2019	Jan 2020	Jan 2021	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	40.4M	86.1M	308.3M	228.5M	150.7M	164.7M	254.7M	290.3M	233M
Cash & Short-Term Investments	0	0	163.8M	123.5M	47.1M	28M	57.4M	112.5M	91.6M
Cash Only	0	0	163.8M	123.5M	47.1M	28M	57.4M	112.5M	91.6M
Short-Term Investments	0	0	0	0	0	0	0	0	0
Accounts Receivable	30.5M	73.9M	119.6M	79.2M	67M	103.2M	154.3M	127M	96.9M
Days Sales Outstanding	73.14	84.16	88.14	53.14	88.35	86.37	72.06	52.18	49.86
Inventory	9.3M	10.2M	15.4M	12M	20.8M	22.4M	25.7M	33.5M	31M
Days Inventory Outstanding	18.72	13.84	15.18	9.32	24.12	18.48	15.1	18.18	20.58
Other Current Assets	600K	2M	9.5M	13.8M	15.8M	11.1M	17.3M	17.3M	13.5M
Total Non-Current Assets+	164.6M	187.7M	364.5M	394.9M	212M	223M	211.2M	249.5M	223.3M
Property, Plant & Equipment	161M	179.5M	271.9M	306.8M	203.7M	218.4M	205.5M	242.9M	216.7M
Fixed Asset Turnover	0.95x	1.79x	1.82x	1.77x	1.36x	2.00x	3.80x	3.66x	3.27x
Goodwill	0	0	43.2M	28.3M	0	0	0	0	0
Intangible Assets	3.1M	2.8M	30.3M	45.8M	2.5M	0	2.1M	1.8M	1.5M
Long-Term Investments	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	500K	5.4M	19.1M	14M	5.8M	4.6M	3.6M	4.8M	5.1M
Total Assets+	205M	273.8M	672.8M	623.4M	362.7M	387.7M	465.9M	539.8M	456.3M
Asset Turnover	0.74x	1.17x	0.74x	0.87x	0.76x	1.12x	1.68x	1.65x	1.55x
Asset Growth %	-	0.34%	1.46%	-0.07%	-0.42%	0.07%	0.2%	0.16%	-0.15%
Total Current Liabilities+	25.6M	48M	85.2M	64.8M	77.7M	122.7M	154.4M	164.1M	140.1M
Accounts Payable	15.4M	31.8M	47.3M	31.4M	39.4M	72.1M	84.2M	87.9M	74.4M
Days Payables Outstanding	31	43.13	46.61	24.39	45.68	59.47	49.47	47.71	49.4
Short-Term Debt	0	0	0	0	1.9M	21.5M	24.4M	0	0
Deferred Revenue (Current)	0	0	0	0	0	1000K	0	0	0
Other Current Liabilities	3.4M	0	0	0	16.5M	26.1M	-5.2M	18M	-1.8M
Current Ratio	1.58x	1.79x	3.62x	3.53x	1.94x	1.34x	1.65x	1.77x	1.66x
Quick Ratio	1.21x	1.58x	3.44x	3.34x	1.67x	1.16x	1.48x	1.56x	1.44x
Cash Conversion Cycle	60.86	54.86	56.7	38.07	66.78	45.38	37.69	22.65	21.05
Total Non-Current Liabilities+	1.4M	1.2M	246.9M	246.4M	252.9M	316.4M	327.3M	336.9M	326.7M
Long-Term Debt	0	0	242.2M	243M	243.9M	274.8M	283.4M	284.3M	285.1M
Capital Lease Obligations	0	0	0	0	4.4M	40.6M	43.1M	52.2M	39.9M
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	1.4M	1.2M	4.7M	3.4M	4.6M	1M	800K	400K	1.7M
Total Liabilities	27M	49.2M	332.1M	311.2M	330.6M	439.1M	481.7M	501M	466.8M
Total Debt+	0	0	242.2M	243M	250.2M	336.9M	350.9M	365.4M	344.9M
Net Debt	0	0	78.4M	119.5M	203.1M	308.9M	293.5M	252.9M	253.3M
Debt / Equity	-	-	0.71x	0.78x	7.79x	-	-	9.42x	-
Debt / EBITDA	-	-	3.81x	6.86x	-	-	3.93x	2.82x	4.39x
Net Debt / EBITDA	-	-	1.23x	3.38x	-	-	3.29x	1.95x	3.23x
Interest Coverage	-	-	3.11x	-0.98x	-9.81x	-2.08x	0.93x	1.56x	-0.39x
Total Equity+	178M	224.6M	340.7M	312.2M	32.1M	-51.4M	-15.8M	38.8M	-10.5M
Equity Growth %	-	0.26%	0.52%	-0.08%	-0.9%	-2.6%	0.69%	3.46%	-1.27%
Book Value per Share	43.63	55.05	84.33	70.00	4.94	-5.91	-1.40	2.47	-0.65
Total Shareholders' Equity	178M	224.6M	340.7M	312.2M	32.1M	-51.4M	-15.8M	38.8M	-10.5M
Common Stock	955.1M	1.03B	200K	200K	100K	100K	100K	100K	200K
Retained Earnings	-777.1M	-801.2M	-4.5M	-100.9M	-433.1M	-525.3M	-528.6M	-509.4M	-562.4M
Treasury Stock	0	0	0	-3.6M	-4M	-4.3M	-4.6M	-5.3M	-5.8M
Accumulated OCI	-98.2M	-128.9M	-152.7M	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0

Cash Flow

	Jan 2017	Jan 2018	Jan 2019	Jan 2020	Jan 2021	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-37.5M	-9.4M	62M	58.1M	-64.9M	-55.6M	15.7M	115.6M	54.2M
Operating CF Margin %	-0.25%	-0.03%	0.13%	0.11%	-0.23%	-0.13%	0.02%	0.13%	0.08%
Operating CF Growth %	-	0.75%	7.6%	-0.06%	-2.12%	0.14%	1.28%	6.36%	-0.53%
Net Income	-89.6M	-24.1M	14.4M	-96.4M	-332.2M	-93.8M	-3.1M	19.2M	-53M
Depreciation & Amortization	36.2M	33.5M	41.5M	64.1M	61.7M	53.9M	56.8M	72.8M	94M
Stock-Based Compensation	9M	12.5M	23.5M	18.5M	17.8M	3.4M	3M	3M	3.9M
Deferred Taxes	0	0	300K	-8.9M	-100K	400K	0	0	0
Other Non-Cash Items	2.2M	500K	300K	65.5M	169.3M	116.7M	-8.8M	-10.8M	-9M
Working Capital Changes	4.7M	-31.8M	-18M	15.3M	18.6M	-14.7M	-32.2M	31.4M	18.3M
Change in Receivables	8.9M	-43M	-23.2M	39.9M	31.4M	-36.6M	-51M	44M	30.6M
Change in Inventory	1.1M	-900K	-6.8M	3.6M	-100K	-2.4M	-6.2M	-9M	1.4M
Change in Payables	-3.9M	12.6M	3.7M	-13.8M	-16.1M	29.1M	11.7M	-4.2M	-16.6M
Cash from Investing+	-29M	-48.8M	-214.1M	-97.7M	-11.9M	4.5M	-18.7M	-39.7M	-51.1M
Capital Expenditures	-29M	-48.8M	-84M	-70.8M	-12.2M	-11M	-35.6M	-57.1M	-65.1M
CapEx % of Revenue	0.19%	0.15%	0.17%	0.13%	0.04%	0.03%	0.05%	0.06%	0.09%
Acquisitions	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-
Other Investing	0	600K	9.9M	700K	4.3M	0	200K	16.3M	14M
Cash from Financing+	66.5M	58.2M	315.9M	-700K	400K	32M	32.4M	-20.8M	-24M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-
Other Financing	66.5M	58.2M	65.9M	0	1.9M	-900K	-2.7M	-5.8M	-7.4M
Net Change in Cash	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-66.5M	-58.2M	-22M	-12.7M	-77.1M	-66.6M	-19.9M	58.5M	-10.9M
FCF Margin %	-0.44%	-0.18%	-0.04%	-0.02%	-0.28%	-0.15%	-0.03%	0.07%	-0.02%
FCF Growth %	-	0.12%	0.62%	0.42%	-5.07%	0.14%	0.7%	3.94%	-1.19%
FCF per Share	-16.30	-14.26	-5.45	-2.85	-11.86	-7.66	-1.76	3.73	-0.67
FCF Conversion (FCF/Net Income)	0.42x	0.39x	4.31x	-0.60x	0.20x	0.59x	-5.06x	6.02x	-1.02x
Interest Paid	0	0	0	29.4M	0	0	33.7M	35M	37.1M
Taxes Paid	0	0	0	1M	0	0	600K	600K	3.3M

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-50.34%	-11.97%	5.09%	-29.53%	-192.97%	-	-	166.96%	-374.56%
Return on Invested Capital (ROIC)	-37.71%	-8.94%	5.15%	-5.06%	-67.72%	-18.6%	9.11%	14.99%	-4.35%
Gross Margin	-19.12%	16.04%	25.22%	13.6%	-13.73%	-1.47%	20.51%	24.3%	22.5%
Net Margin	-58.87%	-7.52%	2.91%	-17.72%	-120.01%	-21.51%	-0.4%	2.16%	-7.47%
Debt / Equity	-	-	0.71x	0.78x	7.79x	-	-	9.42x	-
Interest Coverage	-	-	3.11x	-0.98x	-9.81x	-2.08x	0.93x	1.56x	-0.39x
FCF Conversion	0.42x	0.39x	4.31x	-0.60x	0.20x	0.59x	-5.06x	6.02x	-1.02x
Revenue Growth	-	110.58%	54.54%	9.83%	-49.12%	57.55%	79.22%	13.66%	-20.16%

Revenue by Segment

	2018	2019	2020	2022	2023	2024
Rocky Mountains	179.7M	216.4M	99.3M	229M	271.3M	-
Rocky Mountains Growth	-	20.42%	-54.11%	130.61%	18.47%	-

Revenue by Geography

	2018	2019	2020	2022	2023	2024
Southwest	186.2M	177.9M	83.6M	255.2M	304.9M	270.7M
Southwest Growth	-	-4.46%	-53.01%	205.26%	19.47%	-11.22%
Northeast	129.4M	149.7M	93.9M	297.4M	312.2M	211.6M
Northeast Growth	-	15.69%	-37.27%	216.72%	4.98%	-32.22%

Frequently Asked Questions

Growth & Financials

KLX Energy Services Holdings, Inc. (KLXE) reported $645.2M in revenue for fiscal year 2024. This represents a 324% increase from $152.2M in 2016.

KLX Energy Services Holdings, Inc. (KLXE) saw revenue decline by 20.2% over the past year.

KLX Energy Services Holdings, Inc. (KLXE) reported a net loss of $76.7M for fiscal year 2024.

Dividend & Returns

KLX Energy Services Holdings, Inc. (KLXE) has a return on equity (ROE) of -374.6%. Negative ROE indicates the company is unprofitable.

KLX Energy Services Holdings, Inc. (KLXE) had negative free cash flow of $34.0M in fiscal year 2024, likely due to heavy capital investments.