Mammoth Energy Services, Inc. (TUSK) 10-Year Financial Performance & Capital Metrics

TUSK • • Industrial / General

IndustrialsConglomeratesInfrastructure & Energy ConglomeratesEnergy Services & Equipment

AboutMammoth Energy Services, Inc. operates as an energy service company. The company operates in four segments: Infrastructure Services, Well Completion Services, Natural Sand Proppant Services, and Drilling Services. The Infrastructure Services segment offers a range of services on electric transmission and distribution, and networks and substation facilities, including engineering, design, construction, upgrade, maintenance, and repair of high voltage transmission lines, substations, and lower voltage overhead and underground distribution systems; storm repair and restoration services; and commercial services comprising installation, maintenance, and repair of commercial wiring. The Well Completion Services segment provides high-pressure hydraulic fracturing services to enhance the production of oil and natural gas from formations having low permeability, and sand hauling and water transfer services. The Natural Sand Proppant Services segment is involved in mining, processing, and selling natural sand proppant used for hydraulic fracturing; buying processed sand from suppliers on the spot market and reselling that sand; and providing logistics solutions to facilitate delivery of frac sand products. The Drilling Services segment offers contract land and directional drilling services, as well as rig moving services. The company also offers other services, including aviation, coil tubing, pressure control, flowback, cementing, acidizing, equipment rental, crude oil hauling, full-service transportation, and remote accommodation services, as well as equipment manufacturing, and infrastructure engineering and design. It serves government-funded utilities, private and public investor owned utilities, co-operative utilities, independent oil and natural gas producers and land-based drilling contractors in the United States and Canada. Mammoth Energy Services, Inc. was incorporated in 2016 and is headquartered in Oklahoma City, Oklahoma.Show more

Revenue $188M -39.3%
EBITDA -$108M -544.9%
Net Income -$207M -6454.7%
EPS (Diluted) -4.31 -6410.6%
Gross Margin -4.2% -178.6%
EBITDA Margin -57.28% -832.7%
Operating Margin -70.62% -945.0%
Net Margin -110.32% -10694.5%
ROE -58.16% -8383.5%
ROIC -29.26% -875.6%
Debt/Equity 0.07 -41.3%
Interest Coverage -5.27 -307.7%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓FCF machine: 87.1% free cash flow margin
✓Trading at only 0.4x book value

✗Weaknesses

✗Sales declining 21.4% over 5 years
✗Trading more than 30% below 52-week high

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-3.18%

5Y-21.36%

3Y-6.37%

TTM13.82%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM60.29%

EPS CAGR

10Y-

5Y-

3Y-

TTM60.41%

ROCE

10Y Avg-2.25%

5Y Avg-13.91%

3Y Avg-13.26%

Latest-32.07%

Peer Comparison

Energy Services & Equipment

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
TUSKMammoth Energy Services, Inc.	106.99M	2.22	-0.52	-39.28%	-53.48%	-31.52%	100%	0.07

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	359.94M	230.63M	691.5M	1.69B	625.01M	313.08M	228.96M	362.09M	309.49M	187.93M
Revenue Growth %	0.39%	-0.36%	2%	1.44%	-0.63%	-0.5%	-0.27%	0.58%	-0.15%	-0.39%
Cost of Goods Sold+	348.74M	245.34M	574.69M	1.21B	660.82M	327.34M	276.8M	342.86M	292.95M	195.83M
COGS % of Revenue	0.97%	1.06%	0.83%	0.72%	1.06%	1.05%	1.21%	0.95%	0.95%	1.04%
Gross Profit+	11.2M	-14.71M	116.8M	476.4M	-35.81M	-14.26M	-47.84M	19.23M	16.54M	-7.9M
Gross Margin %	0.03%	-0.06%	0.17%	0.28%	-0.06%	-0.05%	-0.21%	0.05%	0.05%	-0.04%
Gross Profit Growth %	-0.66%	-2.31%	8.94%	3.08%	-1.08%	0.6%	-2.35%	1.4%	-0.14%	-1.48%
Operating Expenses+	20.54M	18.05M	48.39M	72.6M	51.55M	67.19M	78.25M	39.55M	37.46M	124.82M
OpEx % of Revenue	0.06%	0.08%	0.07%	0.04%	0.08%	0.21%	0.34%	0.11%	0.12%	0.66%
Selling, General & Admin	20.54M	18.05M	48.39M	72.6M	51.55M	67.19M	78.25M	39.55M	37.46M	124.82M
SG&A % of Revenue	0.06%	0.08%	0.07%	0.04%	0.08%	0.21%	0.34%	0.11%	0.12%	0.66%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income+	-9.35M	-32.76M	68.42M	403.81M	-87.36M	-81.45M	-126.08M	-20.33M	-20.92M	-132.72M
Operating Margin %	-0.03%	-0.14%	0.1%	0.24%	-0.14%	-0.26%	-0.55%	-0.06%	-0.07%	-0.71%
Operating Income Growth %	-1.59%	-2.51%	3.09%	4.9%	-1.22%	0.07%	-0.55%	0.84%	-0.03%	-5.35%
EBITDA+	63.05M	39.56M	160.54M	523.68M	29.67M	13.87M	-47.61M	43.95M	24.19M	-107.64M
EBITDA Margin %	0.18%	0.17%	0.23%	0.31%	0.05%	0.04%	-0.21%	0.12%	0.08%	-0.57%
EBITDA Growth %	0.23%	-0.37%	3.06%	2.26%	-0.94%	-0.53%	-4.43%	1.92%	-0.45%	-5.45%
D&A (Non-Cash Add-back)	72.39M	72.31M	92.12M	119.88M	117.03M	95.32M	78.47M	64.27M	45.11M	25.08M
EBIT	-23.53M	-34.47M	66.11M	392.42M	-86.17M	-114.38M	-117.89M	24.49M	25.33M	-193.33M
Net Interest Income+	-5.19M	-4.1M	-4.31M	-3.19M	-4.96M	-5.4M	-6.41M	-11.51M	-16.2M	-25.2M
Interest Income	98.49K	0	0	0	0	0	0	0	0	0
Interest Expense	5.29M	4.1M	4.31M	3.19M	4.96M	5.4M	6.41M	11.51M	16.2M	25.2M
Other Income/Expense	-19.47M	-5.81M	-6.62M	-14.58M	-3.76M	-38.33M	1.79M	33.31M	30.05M	-85.81M
Pretax Income+	-28.82M	-38.57M	61.8M	389.23M	-91.13M	-119.78M	-124.29M	12.99M	9.13M	-218.53M
Pretax Margin %	-0.08%	-0.17%	0.09%	0.23%	-0.15%	-0.38%	-0.54%	0.04%	0.03%	-1.16%
Income Tax+	-1.59M	53.88M	2.83M	153.26M	-12.08M	-12.17M	-22.86M	13.61M	12.3M	-11.2M
Effective Tax Rate %	0.94%	2.4%	0.95%	0.61%	0.87%	0.9%	0.82%	-0.05%	-0.35%	0.95%
Net Income+	-27.23M	-92.45M	58.96M	235.97M	-79.04M	-107.61M	-101.43M	-619K	-3.16M	-207.33M
Net Margin %	-0.08%	-0.4%	0.09%	0.14%	-0.13%	-0.34%	-0.44%	-0%	-0.01%	-1.1%
Net Income Growth %	-12.54%	-2.4%	1.64%	3%	-1.33%	-0.36%	0.06%	0.99%	-4.11%	-64.55%
Net Income (Continuing)	-27.23M	-92.45M	58.96M	235.97M	-79.04M	-107.61M	-101.43M	-619K	-3.16M	-207.33M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.73	-2.81	1.42	5.24	-1.76	-2.36	-2.18	-0.01	-0.07	-4.31
EPS Growth %	-12.62%	-2.85%	1.51%	2.69%	-1.34%	-0.34%	0.08%	0.99%	-4.05%	-64.11%
EPS (Basic)	-0.73	-2.81	1.42	5.27	-1.76	-2.36	-2.18	-0.01	-0.07	-4.31
Diluted Shares Outstanding	37.5M	31.5M	41.64M	45.02M	45.01M	45.64M	46.43M	47.17M	47.78M	48.06M
Basic Shares Outstanding	37.5M	31.5M	41.55M	44.75M	45.01M	45.64M	46.43M	47.17M	47.78M	48.06M
Dividend Payout Ratio	-	-	-	0.05%	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	56.14M	86.36M	314.42M	449.56M	406.98M	464.75M	440.78M	496.69M	496.93M	188.59M
Cash & Short-Term Investments	3.07M	28.69M	5.64M	67.63M	5.87M	16.57M	11.66M	17.28M	24.3M	82.33M
Cash Only	3.07M	28.69M	5.64M	67.63M	5.87M	14.82M	9.9M	17.28M	24.3M	82.33M
Short-Term Investments	0	0	0	0	0	1.75M	1.76M	0	0	0
Accounts Receivable	43.44M	48.66M	277.53M	348.62M	370.58M	421.57M	407.64M	456.69M	447.2M	79.02M
Days Sales Outstanding	44.05	77.02	146.49	75.29	216.41	491.49	649.84	460.36	527.41	153.47
Inventory	4.76M	4.36M	17.81M	21.3M	17.48M	12.02M	8.37M	8.88M	12.65M	15.12M
Days Inventory Outstanding	4.98	6.48	11.31	6.41	9.66	13.4	11.03	9.46	15.77	28.18
Other Current Assets	422.22K	391.6K	886K	688K	695K	758K	737K	620K	591K	10.34M
Total Non-Current Assets+	394.84M	340.31M	552.82M	623.53M	576.74M	383.41M	287.34M	253.83M	225.03M	214.28M
Property, Plant & Equipment	273.03M	221.25M	425.79M	508.41M	464.57M	337.32M	253.4M	210.55M	181.98M	178.77M
Fixed Asset Turnover	1.32x	1.04x	1.62x	3.32x	1.35x	0.93x	0.90x	1.72x	1.70x	1.05x
Goodwill	86.04M	86.04M	99.81M	101.25M	67.58M	12.61M	11.72M	11.72M	9.21M	9.21M
Intangible Assets	30.64M	21.57M	16.14M	7.76M	5.79M	4.77M	2.56M	1.78M	913K	209K
Long-Term Investments	0	0	0	1M	2.6M	3.7M	3.4M	3.5M	4.2M	4.1M
Other Non-Current Assets	5.14M	5.34M	4.34M	5.13M	4.87M	1.42M	942K	435K	3.4M	3.15M
Total Assets+	450.99M	426.67M	867.24M	1.07B	983.72M	848.16M	728.12M	750.52M	721.96M	402.87M
Asset Turnover	0.80x	0.54x	0.80x	1.57x	0.64x	0.37x	0.31x	0.48x	0.43x	0.47x
Asset Growth %	-0.22%	-0.05%	1.03%	0.24%	-0.08%	-0.14%	-0.14%	0.03%	-0.04%	-0.44%
Total Current Liabilities+	30.79M	29.34M	219.99M	233.82M	130.4M	128.6M	150.23M	237.21M	182.55M	114.51M
Accounts Payable	23.01M	20.91M	141.31M	68.84M	39.22M	40.32M	37.56M	47.39M	27.51M	32.46M
Days Payables Outstanding	24.08	31.12	89.75	20.7	21.66	44.96	49.53	50.45	34.27	60.5
Short-Term Debt	0	0	0	1.76M	17.8M	12.57M	9.24M	95.3M	7.47M	8.72M
Deferred Revenue (Current)	0	0	1000K	1000K	1000K	1000K	1000K	1000K	663K	1000K
Other Current Liabilities	7.72M	5.65M	12.01M	14M	10.92M	15.79M	38.53M	18.34M	80.03M	23.79M
Current Ratio	1.82x	2.94x	1.43x	1.92x	3.12x	3.61x	2.93x	2.09x	2.72x	1.65x
Quick Ratio	1.67x	2.79x	1.35x	1.83x	2.99x	3.52x	2.88x	2.06x	2.65x	1.51x
Cash Conversion Cycle	24.95	52.38	68.06	60.99	204.41	459.94	611.34	419.37	508.9	121.15
Total Non-Current Liabilities+	97.03M	56.28M	139.46M	85.22M	184.58M	156.24M	114.66M	50.7M	79.3M	35.54M
Long-Term Debt	95M	0	99.9M	0	80M	81.34M	85.24M	0	42.81M	0
Capital Lease Obligations	0	0	0	2.74M	30.96M	19.34M	10.29M	13.56M	5.67M	9.31M
Deferred Tax Liabilities	1.46M	53.78M	34.15M	79.31M	68.21M	48.34M	8.09M	26.32M	24.11M	21.86M
Other Non-Current Liabilities	571.17K	2.5M	5.41M	3.16M	5.42M	7.21M	11.04M	10.82M	6.72M	4.37M
Total Liabilities	127.82M	85.62M	359.45M	319.04M	314.98M	284.83M	264.9M	287.91M	261.86M	150.05M
Total Debt+	95M	0	99.9M	4.5M	128.75M	113.25M	104.78M	108.86M	55.95M	18.03M
Net Debt	91.93M	-28.69M	94.26M	-63.12M	122.88M	98.43M	94.88M	91.58M	31.66M	-64.29M
Debt / Equity	-	-	0.20x	0.01x	0.19x	0.20x	0.23x	0.24x	0.12x	0.07x
Debt / EBITDA	1.51x	-	0.62x	0.01x	4.34x	8.17x	-	2.48x	2.31x	-
Net Debt / EBITDA	1.46x	-0.73x	0.59x	-0.12x	4.14x	7.10x	-	2.08x	1.31x	-
Interest Coverage	-1.77x	-8.00x	15.87x	126.70x	-17.62x	-15.09x	-19.68x	-1.77x	-1.29x	-5.27x
Total Equity+	-5.93M	341.04M	507.8M	754.05M	668.74M	563.33M	463.22M	462.62M	460.1M	252.82M
Equity Growth %	-4.33%	58.54%	0.49%	0.48%	-0.11%	-0.16%	-0.18%	-0%	-0.01%	-0.45%
Book Value per Share	-0.16	10.83	12.20	16.75	14.86	12.34	9.98	9.81	9.63	5.26
Total Shareholders' Equity	-5.93M	341.04M	507.8M	754.05M	668.74M	563.33M	463.22M	462.62M	460.1M	252.82M
Common Stock	329.09M	375K	446K	449K	451K	458K	467K	473K	479K	481K
Retained Earnings	0	-56.32M	2M	226.76M	136.5M	28.89M	-72.53M	-73.15M	-76.32M	-283.64M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-5.93M	-3.22M	-2.66M	-4.08M	-3.31M	-3.06M	-2.93M	-3.84M	-3.62M	-4.45M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	68.39M	28.1M	57.62M	386.67M	-95.32M	6.97M	-18.86M	15.27M	31.39M	180.72M
Operating CF Margin %	0.19%	0.12%	0.08%	0.23%	-0.15%	0.02%	-0.08%	0.04%	0.1%	0.96%
Operating CF Growth %	7.29%	-0.59%	1.05%	5.71%	-1.25%	1.07%	-3.71%	1.81%	1.06%	4.76%
Net Income	-27.23M	-88.41M	58.96M	235.97M	-79.04M	-107.61M	-101.43M	-619K	-3.16M	-207.33M
Depreciation & Amortization	74.87M	69.91M	92.12M	119.88M	117.03M	95.32M	116.81M	64.27M	45.11M	25.08M
Stock-Based Compensation	0	501.15K	3.74M	22.91M	4.18M	1.95M	1.19M	923K	1.34M	875K
Deferred Taxes	-5.72M	47.9M	-25.38M	52.23M	-42.64M	-12.19M	-32.01M	7.7M	-1.69M	4.24M
Other Non-Cash Items	12.12M	5.52M	19.66M	-2.18M	44.84M	89.5M	945K	-463K	-6.64M	170.64M
Working Capital Changes	9.24M	-7.32M	-91.5M	-42.13M	-139.69M	-60.01M	-4.37M	-56.55M	-3.58M	187.22M
Change in Receivables	27.52M	-4.64M	-231.75M	-78.84M	-27.01M	-72.95M	-27.52M	-52.39M	11.28M	195.64M
Change in Inventory	-2.61M	-1.63M	-14.24M	-5.5M	830K	5.1M	3.65M	-517K	-3.77M	-2.56M
Change in Payables	-27.63M	295.55K	101.72M	-64.97M	-25.97M	2M	-2.98M	6.68M	-18.48M	2.67M
Cash from Investing+	-24.83M	-7.3M	-172.28M	-211.96M	-33.22M	-2.29M	5.51M	-2.12M	-8.79M	-10.43M
Capital Expenditures	-26.25M	-11.32M	-133.85M	-191.94M	-35.76M	-6.84M	-5.84M	-12.74M	-19.39M	-17.07M
CapEx % of Revenue	0.07%	0.05%	0.19%	0.11%	0.06%	0.02%	0.03%	0.04%	0.06%	0.09%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	1.42M	4.02M	907K	1.51M	3.22M	6.78M	0	0	7.33M	6.63M
Cash from Financing+	-55.93M	4.66M	91.05M	-112.59M	66.7M	4.27M	8.43M	-5.6M	-15.59M	-112.11M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-711	-5M	0	-11.2M	-11.22M	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-4.89M	-7.76M	0	-1.2M	0	-1.05M	0	0	41.23M	-46.87M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	42.14M	16.78M	-76.24M	194.72M	-131.08M	130K	-24.71M	2.53M	11.99M	163.65M
FCF Margin %	0.12%	0.07%	-0.11%	0.12%	-0.21%	0%	-0.11%	0.01%	0.04%	0.87%
FCF Growth %	1.41%	-0.6%	-5.54%	3.55%	-1.67%	1%	-191.06%	1.1%	3.74%	12.65%
FCF per Share	1.12	0.53	-1.83	4.33	-2.91	0.00	-0.53	0.05	0.25	3.40
FCF Conversion (FCF/Net Income)	-2.51x	-0.30x	0.98x	1.64x	1.21x	-0.06x	0.19x	-24.66x	-9.92x	-0.87x
Interest Paid	5.19M	3.71M	3.66M	3.21M	4.74M	0	4.83M	10.16M	12.02M	15.53M
Taxes Paid	3.89M	3.59M	840K	32.76M	110.85M	0	829K	106K	897K	1.17M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-55.18%	13.89%	37.4%	-11.11%	-17.47%	-19.76%	-0.13%	-0.69%	-58.16%
Return on Invested Capital (ROIC)	-6.54%	-12.34%	11.22%	46.85%	-8.84%	-8.41%	-15.5%	-2.74%	-3%	-29.26%
Gross Margin	3.11%	-6.38%	16.89%	28.19%	-5.73%	-4.56%	-20.89%	5.31%	5.34%	-4.2%
Net Margin	-7.57%	-40.09%	8.53%	13.96%	-12.65%	-34.37%	-44.3%	-0.17%	-1.02%	-110.32%
Debt / Equity	-	-	0.20x	0.01x	0.19x	0.20x	0.23x	0.24x	0.12x	0.07x
Interest Coverage	-1.77x	-8.00x	15.87x	126.70x	-17.62x	-15.09x	-19.68x	-1.77x	-1.29x	-5.27x
FCF Conversion	-2.51x	-0.30x	0.98x	1.64x	1.21x	-0.06x	0.19x	-24.66x	-9.92x	-0.87x
Revenue Growth	38.69%	-35.93%	199.84%	144.41%	-63.02%	-49.91%	-26.87%	58.14%	-14.53%	-39.28%

Revenue by Segment

	2016	2017	2018	2019	2020	2021	2022	2023	2024
Product	-	-	-	-	-	-	-	-	19.03M
Product Growth	-	-	-	-	-	-	-	-	-
Product And Service Including Related Party	-	-	-	-	-	228.96M	362.09M	309.49M	-
Product And Service Including Related Party Growth	-	-	-	-	-	-	58.14%	-14.53%	-
Infrastructure	-	691.97M	-	-	155.24M	-	-	-	-
Infrastructure Growth	-	-	-	-	-	-	-	-	-
Well Completion	-	-	-	-	87.2M	-	-	-	-
Well Completion Growth	-	-	-	-	-	-	-	-	-
Natural Sand Proppant	61.92M	419.63M	-	-	34.27M	-	-	-	-
Natural Sand Proppant Growth	-	577.67%	-	-	-	-	-	-	-
Others	-	186.81M	-	-	28.62M	-	-	-	-
Others Growth	-	-	-	-	-	-	-	-	-
Contract Land and Directional Drilling Services	63.89M	194.74M	-	-	7.75M	-	-	-	-
Contract Land and Directional Drilling Services Growth	-	204.80%	-	-	-	-	-	-	-
Shortfall Payments	-	-	1.5M	2.8M	-	-	-	-	-
Shortfall Payments Growth	-	-	-	86.67%	-	-	-	-	-
Pressure Pumping	211.12M	981.18M	-	-	-	-	-	-	-
Pressure Pumping Growth	-	364.75%	-	-	-	-	-	-	-
Other Energy Services	44.05M	-	-	-	-	-	-	-	-
Other Energy Services Growth	-	-	-	-	-	-	-	-	-
Well Services	23.57M	-	-	-	-	-	-	-	-
Well Services Growth	-	-	-	-	-	-	-	-	-

Revenue by Geography

	2016	2017	2018	2019	2020	2021	2022	2023	2024
UNITED STATES	-	471.75M	654.51M	516.28M	302.2M	217.96M	343.31M	287.47M	165.88M
UNITED STATES Growth	-	-	38.74%	-21.12%	-41.46%	-27.88%	57.51%	-16.27%	-42.29%
CANADA	-	16.66M	13.02M	11.95M	10.72M	10.69M	18.6M	21.75M	22.03M
CANADA Growth	-	-	-21.87%	-8.25%	-10.24%	-0.35%	74.10%	16.90%	1.32%
Other Geographic	-	-	-	160K	95K	319K	176K	279K	16K
Other Geographic Growth	-	-	-	-	-40.63%	235.79%	-44.83%	58.52%	-94.27%
PUERTO RICO	-	203.09M	1.02B	96.63M	53K	-	-	-	-
PUERTO RICO Growth	-	-	403.51%	-90.55%	-99.95%	-	-	-	-

Frequently Asked Questions

Growth & Financials

Mammoth Energy Services, Inc. (TUSK) reported $146.9M in revenue for fiscal year 2024. This represents a 154% increase from $57.9M in 2012.

Mammoth Energy Services, Inc. (TUSK) saw revenue decline by 39.3% over the past year.

Mammoth Energy Services, Inc. (TUSK) reported a net loss of $78.6M for fiscal year 2024.

Dividend & Returns

Mammoth Energy Services, Inc. (TUSK) has a return on equity (ROE) of -58.2%. Negative ROE indicates the company is unprofitable.

Mammoth Energy Services, Inc. (TUSK) generated $81.6M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

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Mammoth Energy Services, Inc. (TUSK) 10-Year Financial Performance & Capital Metrics

TUSK • • Industrial / General

IndustrialsConglomeratesInfrastructure & Energy ConglomeratesEnergy Services & Equipment

Revenue $188M -39.3%
EBITDA -$108M -544.9%
Net Income -$207M -6454.7%
EPS (Diluted) -4.31 -6410.6%
Gross Margin -4.2% -178.6%
EBITDA Margin -57.28% -832.7%
Operating Margin -70.62% -945.0%
Net Margin -110.32% -10694.5%
ROE -58.16% -8383.5%
ROIC -29.26% -875.6%
Debt/Equity 0.07 -41.3%
Interest Coverage -5.27 -307.7%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Company is almost debt free
✓FCF machine: 87.1% free cash flow margin
✓Trading at only 0.4x book value

✗Weaknesses

✗Sales declining 21.4% over 5 years
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-3.18%

5Y-21.36%

3Y-6.37%

TTM13.82%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM60.29%

EPS CAGR

10Y-

5Y-

3Y-

TTM60.41%

ROCE

10Y Avg-2.25%

5Y Avg-13.91%

3Y Avg-13.26%

Latest-32.07%

Peer Comparison

Energy Services & Equipment

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
TUSKMammoth Energy Services, Inc.	106.99M	2.22	-0.52	-39.28%	-53.48%	-31.52%	100%	0.07

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	359.94M	230.63M	691.5M	1.69B	625.01M	313.08M	228.96M	362.09M	309.49M	187.93M
Revenue Growth %	0.39%	-0.36%	2%	1.44%	-0.63%	-0.5%	-0.27%	0.58%	-0.15%	-0.39%
Cost of Goods Sold+	348.74M	245.34M	574.69M	1.21B	660.82M	327.34M	276.8M	342.86M	292.95M	195.83M
COGS % of Revenue	0.97%	1.06%	0.83%	0.72%	1.06%	1.05%	1.21%	0.95%	0.95%	1.04%
Gross Profit+	11.2M	-14.71M	116.8M	476.4M	-35.81M	-14.26M	-47.84M	19.23M	16.54M	-7.9M
Gross Margin %	0.03%	-0.06%	0.17%	0.28%	-0.06%	-0.05%	-0.21%	0.05%	0.05%	-0.04%
Gross Profit Growth %	-0.66%	-2.31%	8.94%	3.08%	-1.08%	0.6%	-2.35%	1.4%	-0.14%	-1.48%
Operating Expenses+	20.54M	18.05M	48.39M	72.6M	51.55M	67.19M	78.25M	39.55M	37.46M	124.82M
OpEx % of Revenue	0.06%	0.08%	0.07%	0.04%	0.08%	0.21%	0.34%	0.11%	0.12%	0.66%
Selling, General & Admin	20.54M	18.05M	48.39M	72.6M	51.55M	67.19M	78.25M	39.55M	37.46M	124.82M
SG&A % of Revenue	0.06%	0.08%	0.07%	0.04%	0.08%	0.21%	0.34%	0.11%	0.12%	0.66%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income+	-9.35M	-32.76M	68.42M	403.81M	-87.36M	-81.45M	-126.08M	-20.33M	-20.92M	-132.72M
Operating Margin %	-0.03%	-0.14%	0.1%	0.24%	-0.14%	-0.26%	-0.55%	-0.06%	-0.07%	-0.71%
Operating Income Growth %	-1.59%	-2.51%	3.09%	4.9%	-1.22%	0.07%	-0.55%	0.84%	-0.03%	-5.35%
EBITDA+	63.05M	39.56M	160.54M	523.68M	29.67M	13.87M	-47.61M	43.95M	24.19M	-107.64M
EBITDA Margin %	0.18%	0.17%	0.23%	0.31%	0.05%	0.04%	-0.21%	0.12%	0.08%	-0.57%
EBITDA Growth %	0.23%	-0.37%	3.06%	2.26%	-0.94%	-0.53%	-4.43%	1.92%	-0.45%	-5.45%
D&A (Non-Cash Add-back)	72.39M	72.31M	92.12M	119.88M	117.03M	95.32M	78.47M	64.27M	45.11M	25.08M
EBIT	-23.53M	-34.47M	66.11M	392.42M	-86.17M	-114.38M	-117.89M	24.49M	25.33M	-193.33M
Net Interest Income+	-5.19M	-4.1M	-4.31M	-3.19M	-4.96M	-5.4M	-6.41M	-11.51M	-16.2M	-25.2M
Interest Income	98.49K	0	0	0	0	0	0	0	0	0
Interest Expense	5.29M	4.1M	4.31M	3.19M	4.96M	5.4M	6.41M	11.51M	16.2M	25.2M
Other Income/Expense	-19.47M	-5.81M	-6.62M	-14.58M	-3.76M	-38.33M	1.79M	33.31M	30.05M	-85.81M
Pretax Income+	-28.82M	-38.57M	61.8M	389.23M	-91.13M	-119.78M	-124.29M	12.99M	9.13M	-218.53M
Pretax Margin %	-0.08%	-0.17%	0.09%	0.23%	-0.15%	-0.38%	-0.54%	0.04%	0.03%	-1.16%
Income Tax+	-1.59M	53.88M	2.83M	153.26M	-12.08M	-12.17M	-22.86M	13.61M	12.3M	-11.2M
Effective Tax Rate %	0.94%	2.4%	0.95%	0.61%	0.87%	0.9%	0.82%	-0.05%	-0.35%	0.95%
Net Income+	-27.23M	-92.45M	58.96M	235.97M	-79.04M	-107.61M	-101.43M	-619K	-3.16M	-207.33M
Net Margin %	-0.08%	-0.4%	0.09%	0.14%	-0.13%	-0.34%	-0.44%	-0%	-0.01%	-1.1%
Net Income Growth %	-12.54%	-2.4%	1.64%	3%	-1.33%	-0.36%	0.06%	0.99%	-4.11%	-64.55%
Net Income (Continuing)	-27.23M	-92.45M	58.96M	235.97M	-79.04M	-107.61M	-101.43M	-619K	-3.16M	-207.33M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
EPS (Diluted)+	-0.73	-2.81	1.42	5.24	-1.76	-2.36	-2.18	-0.01	-0.07	-4.31
EPS Growth %	-12.62%	-2.85%	1.51%	2.69%	-1.34%	-0.34%	0.08%	0.99%	-4.05%	-64.11%
EPS (Basic)	-0.73	-2.81	1.42	5.27	-1.76	-2.36	-2.18	-0.01	-0.07	-4.31
Diluted Shares Outstanding	37.5M	31.5M	41.64M	45.02M	45.01M	45.64M	46.43M	47.17M	47.78M	48.06M
Basic Shares Outstanding	37.5M	31.5M	41.55M	44.75M	45.01M	45.64M	46.43M	47.17M	47.78M	48.06M
Dividend Payout Ratio	-	-	-	0.05%	-	-	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	56.14M	86.36M	314.42M	449.56M	406.98M	464.75M	440.78M	496.69M	496.93M	188.59M
Cash & Short-Term Investments	3.07M	28.69M	5.64M	67.63M	5.87M	16.57M	11.66M	17.28M	24.3M	82.33M
Cash Only	3.07M	28.69M	5.64M	67.63M	5.87M	14.82M	9.9M	17.28M	24.3M	82.33M
Short-Term Investments	0	0	0	0	0	1.75M	1.76M	0	0	0
Accounts Receivable	43.44M	48.66M	277.53M	348.62M	370.58M	421.57M	407.64M	456.69M	447.2M	79.02M
Days Sales Outstanding	44.05	77.02	146.49	75.29	216.41	491.49	649.84	460.36	527.41	153.47
Inventory	4.76M	4.36M	17.81M	21.3M	17.48M	12.02M	8.37M	8.88M	12.65M	15.12M
Days Inventory Outstanding	4.98	6.48	11.31	6.41	9.66	13.4	11.03	9.46	15.77	28.18
Other Current Assets	422.22K	391.6K	886K	688K	695K	758K	737K	620K	591K	10.34M
Total Non-Current Assets+	394.84M	340.31M	552.82M	623.53M	576.74M	383.41M	287.34M	253.83M	225.03M	214.28M
Property, Plant & Equipment	273.03M	221.25M	425.79M	508.41M	464.57M	337.32M	253.4M	210.55M	181.98M	178.77M
Fixed Asset Turnover	1.32x	1.04x	1.62x	3.32x	1.35x	0.93x	0.90x	1.72x	1.70x	1.05x
Goodwill	86.04M	86.04M	99.81M	101.25M	67.58M	12.61M	11.72M	11.72M	9.21M	9.21M
Intangible Assets	30.64M	21.57M	16.14M	7.76M	5.79M	4.77M	2.56M	1.78M	913K	209K
Long-Term Investments	0	0	0	1M	2.6M	3.7M	3.4M	3.5M	4.2M	4.1M
Other Non-Current Assets	5.14M	5.34M	4.34M	5.13M	4.87M	1.42M	942K	435K	3.4M	3.15M
Total Assets+	450.99M	426.67M	867.24M	1.07B	983.72M	848.16M	728.12M	750.52M	721.96M	402.87M
Asset Turnover	0.80x	0.54x	0.80x	1.57x	0.64x	0.37x	0.31x	0.48x	0.43x	0.47x
Asset Growth %	-0.22%	-0.05%	1.03%	0.24%	-0.08%	-0.14%	-0.14%	0.03%	-0.04%	-0.44%
Total Current Liabilities+	30.79M	29.34M	219.99M	233.82M	130.4M	128.6M	150.23M	237.21M	182.55M	114.51M
Accounts Payable	23.01M	20.91M	141.31M	68.84M	39.22M	40.32M	37.56M	47.39M	27.51M	32.46M
Days Payables Outstanding	24.08	31.12	89.75	20.7	21.66	44.96	49.53	50.45	34.27	60.5
Short-Term Debt	0	0	0	1.76M	17.8M	12.57M	9.24M	95.3M	7.47M	8.72M
Deferred Revenue (Current)	0	0	1000K	1000K	1000K	1000K	1000K	1000K	663K	1000K
Other Current Liabilities	7.72M	5.65M	12.01M	14M	10.92M	15.79M	38.53M	18.34M	80.03M	23.79M
Current Ratio	1.82x	2.94x	1.43x	1.92x	3.12x	3.61x	2.93x	2.09x	2.72x	1.65x
Quick Ratio	1.67x	2.79x	1.35x	1.83x	2.99x	3.52x	2.88x	2.06x	2.65x	1.51x
Cash Conversion Cycle	24.95	52.38	68.06	60.99	204.41	459.94	611.34	419.37	508.9	121.15
Total Non-Current Liabilities+	97.03M	56.28M	139.46M	85.22M	184.58M	156.24M	114.66M	50.7M	79.3M	35.54M
Long-Term Debt	95M	0	99.9M	0	80M	81.34M	85.24M	0	42.81M	0
Capital Lease Obligations	0	0	0	2.74M	30.96M	19.34M	10.29M	13.56M	5.67M	9.31M
Deferred Tax Liabilities	1.46M	53.78M	34.15M	79.31M	68.21M	48.34M	8.09M	26.32M	24.11M	21.86M
Other Non-Current Liabilities	571.17K	2.5M	5.41M	3.16M	5.42M	7.21M	11.04M	10.82M	6.72M	4.37M
Total Liabilities	127.82M	85.62M	359.45M	319.04M	314.98M	284.83M	264.9M	287.91M	261.86M	150.05M
Total Debt+	95M	0	99.9M	4.5M	128.75M	113.25M	104.78M	108.86M	55.95M	18.03M
Net Debt	91.93M	-28.69M	94.26M	-63.12M	122.88M	98.43M	94.88M	91.58M	31.66M	-64.29M
Debt / Equity	-	-	0.20x	0.01x	0.19x	0.20x	0.23x	0.24x	0.12x	0.07x
Debt / EBITDA	1.51x	-	0.62x	0.01x	4.34x	8.17x	-	2.48x	2.31x	-
Net Debt / EBITDA	1.46x	-0.73x	0.59x	-0.12x	4.14x	7.10x	-	2.08x	1.31x	-
Interest Coverage	-1.77x	-8.00x	15.87x	126.70x	-17.62x	-15.09x	-19.68x	-1.77x	-1.29x	-5.27x
Total Equity+	-5.93M	341.04M	507.8M	754.05M	668.74M	563.33M	463.22M	462.62M	460.1M	252.82M
Equity Growth %	-4.33%	58.54%	0.49%	0.48%	-0.11%	-0.16%	-0.18%	-0%	-0.01%	-0.45%
Book Value per Share	-0.16	10.83	12.20	16.75	14.86	12.34	9.98	9.81	9.63	5.26
Total Shareholders' Equity	-5.93M	341.04M	507.8M	754.05M	668.74M	563.33M	463.22M	462.62M	460.1M	252.82M
Common Stock	329.09M	375K	446K	449K	451K	458K	467K	473K	479K	481K
Retained Earnings	0	-56.32M	2M	226.76M	136.5M	28.89M	-72.53M	-73.15M	-76.32M	-283.64M
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-5.93M	-3.22M	-2.66M	-4.08M	-3.31M	-3.06M	-2.93M	-3.84M	-3.62M	-4.45M
Minority Interest	0	0	0	0	0	0	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	68.39M	28.1M	57.62M	386.67M	-95.32M	6.97M	-18.86M	15.27M	31.39M	180.72M
Operating CF Margin %	0.19%	0.12%	0.08%	0.23%	-0.15%	0.02%	-0.08%	0.04%	0.1%	0.96%
Operating CF Growth %	7.29%	-0.59%	1.05%	5.71%	-1.25%	1.07%	-3.71%	1.81%	1.06%	4.76%
Net Income	-27.23M	-88.41M	58.96M	235.97M	-79.04M	-107.61M	-101.43M	-619K	-3.16M	-207.33M
Depreciation & Amortization	74.87M	69.91M	92.12M	119.88M	117.03M	95.32M	116.81M	64.27M	45.11M	25.08M
Stock-Based Compensation	0	501.15K	3.74M	22.91M	4.18M	1.95M	1.19M	923K	1.34M	875K
Deferred Taxes	-5.72M	47.9M	-25.38M	52.23M	-42.64M	-12.19M	-32.01M	7.7M	-1.69M	4.24M
Other Non-Cash Items	12.12M	5.52M	19.66M	-2.18M	44.84M	89.5M	945K	-463K	-6.64M	170.64M
Working Capital Changes	9.24M	-7.32M	-91.5M	-42.13M	-139.69M	-60.01M	-4.37M	-56.55M	-3.58M	187.22M
Change in Receivables	27.52M	-4.64M	-231.75M	-78.84M	-27.01M	-72.95M	-27.52M	-52.39M	11.28M	195.64M
Change in Inventory	-2.61M	-1.63M	-14.24M	-5.5M	830K	5.1M	3.65M	-517K	-3.77M	-2.56M
Change in Payables	-27.63M	295.55K	101.72M	-64.97M	-25.97M	2M	-2.98M	6.68M	-18.48M	2.67M
Cash from Investing+	-24.83M	-7.3M	-172.28M	-211.96M	-33.22M	-2.29M	5.51M	-2.12M	-8.79M	-10.43M
Capital Expenditures	-26.25M	-11.32M	-133.85M	-191.94M	-35.76M	-6.84M	-5.84M	-12.74M	-19.39M	-17.07M
CapEx % of Revenue	0.07%	0.05%	0.19%	0.11%	0.06%	0.02%	0.03%	0.04%	0.06%	0.09%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	1.42M	4.02M	907K	1.51M	3.22M	6.78M	0	0	7.33M	6.63M
Cash from Financing+	-55.93M	4.66M	91.05M	-112.59M	66.7M	4.27M	8.43M	-5.6M	-15.59M	-112.11M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-711	-5M	0	-11.2M	-11.22M	0	0	0	0	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-4.89M	-7.76M	0	-1.2M	0	-1.05M	0	0	41.23M	-46.87M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	42.14M	16.78M	-76.24M	194.72M	-131.08M	130K	-24.71M	2.53M	11.99M	163.65M
FCF Margin %	0.12%	0.07%	-0.11%	0.12%	-0.21%	0%	-0.11%	0.01%	0.04%	0.87%
FCF Growth %	1.41%	-0.6%	-5.54%	3.55%	-1.67%	1%	-191.06%	1.1%	3.74%	12.65%
FCF per Share	1.12	0.53	-1.83	4.33	-2.91	0.00	-0.53	0.05	0.25	3.40
FCF Conversion (FCF/Net Income)	-2.51x	-0.30x	0.98x	1.64x	1.21x	-0.06x	0.19x	-24.66x	-9.92x	-0.87x
Interest Paid	5.19M	3.71M	3.66M	3.21M	4.74M	0	4.83M	10.16M	12.02M	15.53M
Taxes Paid	3.89M	3.59M	840K	32.76M	110.85M	0	829K	106K	897K	1.17M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-	-55.18%	13.89%	37.4%	-11.11%	-17.47%	-19.76%	-0.13%	-0.69%	-58.16%
Return on Invested Capital (ROIC)	-6.54%	-12.34%	11.22%	46.85%	-8.84%	-8.41%	-15.5%	-2.74%	-3%	-29.26%
Gross Margin	3.11%	-6.38%	16.89%	28.19%	-5.73%	-4.56%	-20.89%	5.31%	5.34%	-4.2%
Net Margin	-7.57%	-40.09%	8.53%	13.96%	-12.65%	-34.37%	-44.3%	-0.17%	-1.02%	-110.32%
Debt / Equity	-	-	0.20x	0.01x	0.19x	0.20x	0.23x	0.24x	0.12x	0.07x
Interest Coverage	-1.77x	-8.00x	15.87x	126.70x	-17.62x	-15.09x	-19.68x	-1.77x	-1.29x	-5.27x
FCF Conversion	-2.51x	-0.30x	0.98x	1.64x	1.21x	-0.06x	0.19x	-24.66x	-9.92x	-0.87x
Revenue Growth	38.69%	-35.93%	199.84%	144.41%	-63.02%	-49.91%	-26.87%	58.14%	-14.53%	-39.28%

Revenue by Segment

	2016	2017	2018	2019	2020	2021	2022	2023	2024
Product	-	-	-	-	-	-	-	-	19.03M
Product Growth	-	-	-	-	-	-	-	-	-
Product And Service Including Related Party	-	-	-	-	-	228.96M	362.09M	309.49M	-
Product And Service Including Related Party Growth	-	-	-	-	-	-	58.14%	-14.53%	-
Infrastructure	-	691.97M	-	-	155.24M	-	-	-	-
Infrastructure Growth	-	-	-	-	-	-	-	-	-
Well Completion	-	-	-	-	87.2M	-	-	-	-
Well Completion Growth	-	-	-	-	-	-	-	-	-
Natural Sand Proppant	61.92M	419.63M	-	-	34.27M	-	-	-	-
Natural Sand Proppant Growth	-	577.67%	-	-	-	-	-	-	-
Others	-	186.81M	-	-	28.62M	-	-	-	-
Others Growth	-	-	-	-	-	-	-	-	-
Contract Land and Directional Drilling Services	63.89M	194.74M	-	-	7.75M	-	-	-	-
Contract Land and Directional Drilling Services Growth	-	204.80%	-	-	-	-	-	-	-
Shortfall Payments	-	-	1.5M	2.8M	-	-	-	-	-
Shortfall Payments Growth	-	-	-	86.67%	-	-	-	-	-
Pressure Pumping	211.12M	981.18M	-	-	-	-	-	-	-
Pressure Pumping Growth	-	364.75%	-	-	-	-	-	-	-
Other Energy Services	44.05M	-	-	-	-	-	-	-	-
Other Energy Services Growth	-	-	-	-	-	-	-	-	-
Well Services	23.57M	-	-	-	-	-	-	-	-
Well Services Growth	-	-	-	-	-	-	-	-	-

Revenue by Geography

	2016	2017	2018	2019	2020	2021	2022	2023	2024
UNITED STATES	-	471.75M	654.51M	516.28M	302.2M	217.96M	343.31M	287.47M	165.88M
UNITED STATES Growth	-	-	38.74%	-21.12%	-41.46%	-27.88%	57.51%	-16.27%	-42.29%
CANADA	-	16.66M	13.02M	11.95M	10.72M	10.69M	18.6M	21.75M	22.03M
CANADA Growth	-	-	-21.87%	-8.25%	-10.24%	-0.35%	74.10%	16.90%	1.32%
Other Geographic	-	-	-	160K	95K	319K	176K	279K	16K
Other Geographic Growth	-	-	-	-	-40.63%	235.79%	-44.83%	58.52%	-94.27%
PUERTO RICO	-	203.09M	1.02B	96.63M	53K	-	-	-	-
PUERTO RICO Growth	-	-	403.51%	-90.55%	-99.95%	-	-	-	-

Frequently Asked Questions

Growth & Financials

Mammoth Energy Services, Inc. (TUSK) reported $146.9M in revenue for fiscal year 2024. This represents a 154% increase from $57.9M in 2012.

Mammoth Energy Services, Inc. (TUSK) saw revenue decline by 39.3% over the past year.

Mammoth Energy Services, Inc. (TUSK) reported a net loss of $78.6M for fiscal year 2024.

Dividend & Returns

Mammoth Energy Services, Inc. (TUSK) has a return on equity (ROE) of -58.2%. Negative ROE indicates the company is unprofitable.

Mammoth Energy Services, Inc. (TUSK) generated $81.6M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.