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RPC, Inc., together with its subsidiaries, engages provision of a range of oilfield services and equipment for the oil and gas companies involved in the exploration, production, and development of oil and gas properties. The company operates through Technical Services and Support Services segments. The Technical Services segment offers pressure pumping, cementing, downhole tools, coiled tubing, snubbing, nitrogen, well control, wireline, and fishing services that are used in the completion, production, and maintenance of wells, as well as well control training. The Support Services segment provides a range of rental tools drill pipe and related tools, as well as pipe handling, pipe inspection and storage services. It rents its tools for use with onshore and offshore oil and gas well drilling, completion, and workover activities. It operates in Africa, Canada, Argentina, Mexico, Latin America, and the Middle East. The company was incorporated in 1984 and is headquartered in Atlanta, Georgia.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.6B | $221M | $32M | $53M | 2.9% | 15.0% | -64.9% |
| 2024 | $1.4B | $246M | $91M | $129M | 8.5% | -12.5% | -53.1% |
| 2023 | $1.6B | $365M | $195M | $214M | 19.1% | 1.0% | -10.6% |
| 2022 | $1.6B | $373M | $218M | $62M | 25.5% | - | - |
| 2021 | - | - | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 1,601.76 | 1,617.47 | 1,415 | 1,626.57 |
| Cost Of Revenue | - | 1,171.13 | 1,197.64 | 1,169.22 | 1,394.08 |
| Gross Profit | - | 430.63 | 419.83 | 245.78 | 232.49 |
| Operating Expense | - | 148.57 | 165.94 | 156.44 | 175.64 |
| Operating Income | - | 282.06 | 253.89 | 89.34 | 56.85 |
| EBITDA | - | 373.26 | 364.71 | 246.10 | 220.77 |
| EBIT | - | 290.25 | 256.58 | 113.53 | 59.58 |
| Pretax Income | - | 289.63 | 256.24 | 112.80 | 56.55 |
| Tax Provision | - | 71.27 | 61.13 | 21.36 | 24.47 |
| Net Income | - | 218.36 | 195.11 | 91.44 | 32.08 |
| Net Income Common Stockholders | - | 215.17 | 192.01 | 89.90 | 30.93 |
| Total Expenses | - | 1,319.70 | 1,363.58 | 1,325.66 | 1,569.71 |
| Interest Expense | - | 0.61 | 0.34 | 0.72 | 3.03 |
| Interest Income | - | 1.17 | 8.60 | 13.13 | 8.41 |
| Selling General And Administration | - | 148.57 | 165.94 | 156.44 | 175.64 |
| Normalized EBITDA | - | 367.38 | 373.65 | 237.90 | 232.89 |
| Normalized Income | - | 213.93 | 201.92 | 84.79 | 41.65 |
| Market Cap | 1,773.11 | 1,773.11 | 1,773.11 | 1,773.11 | 1,773.11 |
Energy sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| RPC, Inc.this co. | RES | $1.7B | 55.27↑ premium | 1.61 | 2.9% | 7.43 |
| Innovex International, Inc. | INVX | $1.9B | 22.96 | 1.81 | 7.9% | 8.75 |
| Borr Drilling Limited | BORR | $1.9B | 36.06 | 1.54 | 3.7% | 7.79 |
| Kosmos Energy Ltd. | KOS | $1.8B | - | 2.77 | -132.4% | 9.70 |
| FLEX LNG Ltd. | FLNG | $1.7B | 23.13 | 2.40 |
| - |
| - |
| - |
| 10.4% |
| 12.95 |
| Dorian LPG Ltd. | LPG | $1.6B | 17.83 | 1.54 | 8.6% | 10.39 |
| Helix Energy Solutions Group, Inc. | HLX | $1.5B | 47.26 | 0.92 | 2.0% | 7.82 |
| Navigator Holdings Ltd. | NVGS | $1.4B | 14.66 | 1.15 | 8.0% | 8.69 |
| ProFrac Holding Corp. | ACDC | $1.4B | - | 1.94 | -45.4% | 9.87 |
| Peer Median | - | 23.05 | 1.67 | 5.8% | 9.22 | |