Oil States International, Inc. (OIS) Stock

Oil States International, Inc. (OIS) is a Industrials stock trading at $9.58 (as of 2026-08-20), with a market capitalization of $577.89M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Oil States International, Inc., through subsidiaries, supplies oilfield products and services used in drilling, completion, subsea, production, and related infrastructure activities. It operates through Well Site Services, Downhole Technologies, and Offshore/Manufactured Products, serving companies in exploration and production and oilfield services worldwide.

Understand Oil States International, Inc.: how it makes money

Oil States International provides oilfield products and services for drilling, completion, subsea, production, and infrastructure, selling both equipment (manufactured products) and services to oil and gas operators.

Near-term profit depends on converting customer demand signals (book-to-bill) into revenue across a product versus service mix that can swing offshore and international.

Business quality (Weak): Clear segment focus on oilfield equipment and services, but profitability is thin and the demand signal looks mixed (overall book-to-bill below 1).

Bull case

  • Order momentum in offshore manufactured products: Offshore Manufactured Products Book-to-Bill Ratio is 1.3 in the latest quarter, which can indicate demand for those products.
  • Strong offshore and international exposure: Offshore and International Revenue Percentage is 72.0% and Offshore and International Revenue Mix is 75.0%, showing the company is heavily tied to offshore and international markets.

Bear case

  • Overall demand signal is below replacement level: Quarterly Book-to-Bill Ratio is 0.9, which can indicate bookings are not keeping pace with revenue in the latest quarter.
  • Profitability is low: Operating margin is 2.9% in the latest quarter, so execution and cost control matter, and margin swings can have an outsized impact.
Valuation — source: SEC EDGAR (first-party)
Price$9.58
Market Cap$577.89M
Price / Book0.99
Price / Sales0.90
FCF Yield9.3%
DCF Value (model)$10.57
DCF Upside vs Price10.3%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$668.99M
Net Margin-16.3%
Revenue Growth (YoY)-5.3%
EPS Growth (YoY)100.0%
FCF Growth (YoY)-296.2%
Financial Health — source: SEC EDGAR
Altman Z-Score2.08 (grey)
Piotroski F-Score5/9 (moderate)
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
Top Institutional HolderBlackRock Fund Advisors ($128.48M)
Institutional Holders Tracked10
Company
SectorIndustrials
IndustryMachinery
CEOLloyd A. Hajdik
Employees2,439
CountryUS
IPO Date2001-02-09

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OIS earnings history · OIS institutional & insider holders · OIS KPIs & operating metrics · OIS financials · OIS investor presentations & press releases · OIS SEC filings · OIS 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.