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 Metrics

Flotek Industries Financial Metrics

Revenue (2016)

$262.8 m

Revenue growth (2015-16), %

(21%)

Gross profit

$90.7 m

Gross profit margin (2016), %

35%

Net income (2016)

($49.1 m)

Market capitalization (21-Mar-2017)

$648.2 m

Closing share price (21-Mar-2017)

$11.5

Cash (31-Dec-2016)

$4.8 m
Flotek Industries's current market capitalization is $648.2 m.
Flotek Industries's revenue was reported to be $262.8 m in FY, 2016 which is a 21.4% decrease from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$371.1 m$449.2 m$334.4 m$262.8 m

Revenue growth, %

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

Cost of goods sold

$223.5 m$266.2 m$172.2 m

Gross profit

$147.5 m$183 m$115.1 m$90.7 m

Gross profit Margin, %

40%41%34%35%

Operating expense total

$88.8 m$102.1 m$134.3 m$98 m

EBIT

$58.7 m$80.9 m($19.2 m)($7.3 m)

EBIT margin, %

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

Interest expense

$2.1 m$1.6 m$1.8 m$2 m

Pre tax profit

$57 m$78.9 m($21.1 m)$3.1 m

Income tax expense

$20.8 m$25.3 m($7.7 m)($1.2 m)

Net Income

$36.2 m$53.6 m($13.5 m)($49.1 m)
Y, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016

Cash

$6.5 m$19.9 m$46.7 m$2.7 m$2.7 m$1.3 m$2.2 m$4.8 m

Accounts Receivable

Inventories

$58.3 m

Current Assets

$137.7 m$179.6 m$188.7 m

PP&E

$79.1 m$86.1 m$74.7 m

Goodwill

$66.3 m$71.1 m$56.7 m

Total Assets

$375.6 m$423.3 m$386.6 m

Accounts Payable

$19.9 m$33.2 m$30 m

Current Liabilities

$62.6 m$65.5 m$91.1 m

Additional Paid-in Capital

$266.1 m$254.2 m$318.4 m

Retained Earnings

($841 k)$52.8 m($9.8 m)

Total Equity

$306.4 m$287.7 m

Financial Leverage

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

Net Income

$36.2 m$53.6 m($49.1 m)

Depreciation and Amortization

$7.3 m$9.7 m$8.5 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 m$12.7 m

Cash From Operating Activities

$39.5 m$48.8 m$942 k$2.1 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 m$68.7 m$16 m

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

You may also be interested in