Flotek Industries

Chemical & Logistics division develops, manufactures and sells specialty chemicals used in oil and gas well stimulation, cementing and blending. Drilling Products division designs, manufactures, repairs, markets and installs downhole drilling tools utilized in oilfield, mining, and water industries. Artificial Lift division provides pumping system components including electric submersible pumps or ESPs, gas separators, production valves.

Type
Public
HQ
Houston, US
Founded
1985
Size (employees)
363 (est)-32%
Flotek Industries was founded in 1985 and is headquartered in Houston, US

Flotek Industries Office Locations

Flotek Industries has an office in Houston
Houston, US (HQ)
300 10603 West Sam Houston Pkwy N

Flotek Industries Data and Metrics

Flotek Industries Financial Metrics

Flotek Industries's revenue was reported to be $262.8 m in FY, 2016 which is a 21% decrease from the previous period.
$, USD

Revenue (FY, 2016)

262.8 m

Revenue growth (FY, 2015 - FY, 2016), %

(21%)

Gross profit (FY, 2016)

90.7 m

Gross profit margin (FY, 2016), %

35%

Net income (FY, 2016)

(49.1 m)

EBIT (FY, 2016)

(7.3 m)

Market capitalization (23-Jun-2017)

475.2 m

Closing share price (23-Jun-2017)

8

Cash (31-Dec-2016)

4.8 m
Flotek Industries's current market capitalization is $475.2 m.
$, USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

371.1 m449.2 m334.4 m262.8 m

Revenue growth, %

19%21%(26%)(21%)

Cost of goods sold

223.5 m266.2 m172.2 m

Gross profit

147.5 m183 m115.1 m90.7 m

Gross profit Margin, %

40%41%34%35%

Operating expense total

88.8 m102.1 m134.3 m98 m

EBIT

58.7 m80.9 m(19.2 m)(7.3 m)

EBIT margin, %

16%18%(6%)(3%)

Interest expense

2.1 m1.6 m1.8 m2 m

Pre tax profit

57 m78.9 m(21.1 m)3.1 m

Income tax expense

20.8 m25.3 m(7.7 m)(1.2 m)

Net Income

36.2 m53.6 m(13.5 m)(49.1 m)
$, USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

6.5 m19.9 m46.7 m2.7 m2.7 m1.3 m2.2 m4.8 m

Inventories

58.3 m

Current Assets

137.7 m179.6 m188.7 m

PP&E

79.1 m86.1 m74.7 m

Goodwill

66.3 m71.1 m56.7 m

Total Assets

375.6 m423.3 m386.6 m

Accounts Payable

19.9 m33.2 m30 m

Current Liabilities

62.6 m65.5 m91.1 m

Additional Paid-in Capital

266.1 m254.2 m318.4 m

Retained Earnings

(841 k)52.8 m(9.8 m)

Total Equity

306.4 m287.7 m

Financial Leverage

1.4 x1.3 x
$, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

36.2 m53.6 m(49.1 m)

Depreciation and Amortization

7.3 m9.7 m8.5 m

Accounts Receivable

(9.9 m)(14 m)(12 m)

Inventories

4.5 m(23 m)(6.5 m)

Accounts Payable

(21.3 m)13.1 m12.7 m

Cash From Operating Activities

39.5 m48.8 m942 k2.1 m

Purchases of PP&E

(5.7 m)(7.9 m)

Capital Expenditures

(15 m)(19.9 m)(14 m)

Cash From Investing Activities

(62.7 m)(21.7 m)(22.3 m)

Cash From Financing Activities

23.5 m(28.4 m)22.9 m

Free Cash Flow

54.6 m68.7 m16 m
$, USDY, 2016

Revenue/Employee

492.2 k

Financial Leverage

1.3 x

Flotek Industries Operating Metrics

FY, 2016

Patents Granted

16

Patents Pending

72

Flotek Industries Market Value History

Flotek Industries Revenue Breakdown

Flotek Industries Company Life and Culture

You may also be interested in