Drilling Tools International Corp. (DTI) Stock

Drilling Tools International Corp. (DTI) is a Industrials stock trading at $2.63 (as of 2026-08-20), with a market capitalization of $92.79M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Drilling Tools International Corp. supplies oilfield equipment and related services for oil and natural gas operations, including drilling tools and components such as downhole desander and filters, drill collars and tubulars, stabilizers, wellbore tools, and pressure-control equipment. It also provides handling and drilling accessories, and services such as downhole inspection and well data automation, serving customers across North America, Europe, and the Middle East.

Understand Drilling Tools International Corp.: how it makes money

Drilling Tools International supplies oilfield downhole and well bore conditioning equipment, and it also rents drilling tools, making money through tool rental revenue and product sales to oil and natural gas customers.

The profit engine is rental-led utilization, where how much of the North America drilling-rig fleet they actively cover (rental coverage) and the size of their tool deployment base drive rental revenue, while products act as the additional monetization stream.

Revenue by segment (latest quarter)
Western Products$0.0B
Western Rentals$0.0B
Eastern Products$0.0B
Eastern Rentals$0.0B

Business quality (Weak): The latest quarter shows a negative operating margin (-5.5%), and the provided operating snapshot suggests Western Hemisphere activity is the main contributor, with Eastern Hemisphere segment revenues shown as 0.0.

Bull case

  • Rental participation metrics are measurable, with Active Rental Coverage on Drilling Rigs in North America at 60.0%: Higher and more stable rig coverage can support more consistent tool rental demand in the region.
  • Tool Deployment Share Western Hemisphere is 89.0%: A high share of deployed tools in the Western Hemisphere aligns with the segment revenue showing Western Hemisphere product sales and rental activity.
  • Scale of the rental fleet is indicated by Tools Deployed in North America at 63000.0: A larger deployed tool base can support meeting customer needs without necessarily requiring immediate new manufacturing.

Bear case

  • Latest quarter operating margin is -5.5%: This implies the company was not profitable on an operating basis during the period shown.
  • Eastern Hemisphere tool rental and product sales revenues are shown as 0.0: If that reflects limited commercial traction, growth may be constrained outside the Western Hemisphere.
  • Western Hemisphere is heavily represented, with Tool Deployment Share Western Hemisphere at 89.0%: Regional concentration can increase risk if North America activity or rig coverage declines.
Valuation — source: SEC EDGAR (first-party)
Price$2.63
Market Cap$92.79M
EV / EBITDA5.0
Price / Book0.78
Price / Sales0.61
FCF Yield-43.8%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$159.63M
Net Margin-2.4%
Revenue Growth (YoY)3.4%
EPS Growth (YoY)-222.2%
FCF Growth (YoY)-98.7%
Financial Health — source: SEC EDGAR
Altman Z-Score1.37 (distress)
Valuation vs Sector & Industry
Sector P/E (Industrials)25.9
Industry P/E (Machinery)32.3
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Insider Sells (12mo)6
Top Institutional HolderGENDELL JEFFREY L ($10.43M)
Institutional Holders Tracked10
Company
SectorIndustrials
IndustryMachinery
CEOR. Wayne Prejean
Employees447
CountryUS
IPO Date2021-12-29

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DTI earnings history · DTI institutional & insider holders · DTI KPIs & operating metrics · DTI financials · DTI investor presentations & press releases · DTI SEC filings · DTI peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.