RPC INC RES
RPC is a Delaware corporation originally organized in 1984 as a holding company for several OFS companies and is headquartered in Atlanta, Georgia.
RPC provides a broad range of specialized oilfield services and equipment primarily to independent and major oil and gas companies engaged in the exploration, production and development of oil and gas properties throughout the United States, including the southwest, mid-continent, Gulf of America, Rocky Mountain and Appalachian regions, and in selected international markets. RPC acts as a holding company for the following service companies: Cudd Energy Services, Cudd Pressure Control, Thru Tubing Solutions, Pintail Completions and Patterson Services. Selected overhead including centralized support services and regulatory compliance are classified as Corporate. RPC is further organized into Technical Services and Support Services, which are its operating segments. As of December 31, 2025, RPC had 2,893 employees.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.63B | $1.41B | $1.62B | $1.60B | $864.9M | $598.3M | $1.22B | $1.72B | $1.60B | $729.0M |
| Cost of revenue | $1.23B | $1.04B | $1.09B | $1.09B | $663.3M | $480.7M | $919.6M | $1.18B | $1.05B | $607.9M |
| Gross profit | $393.7M | $378.4M | $528.0M | $513.6M | $201.7M | $117.6M | $302.8M | $538.0M | $544.4M | $121.1M |
| SG&A | $175.6M | $156.4M | $165.9M | $148.6M | $123.6M | $123.7M | $168.1M | $168.2M | $159.2M | $150.7M |
| Operating income | $44.7M | $97.5M | $244.9M | $287.9M | $16.3M | -$309.6M | -$114.3M | $210.0M | $226.2M | -$238.9M |
| Interest expense | $3.0M | $724.0K | $341.0K | $614.0K | $1.9M | $373.0K | $334.0K | $489.0K | $426.0K | $681.0K |
| Pre-tax income | $56.5M | $112.8M | $256.2M | $289.6M | $16.4M | -$309.4M | -$113.1M | $221.3M | $232.8M | -$239.4M |
| Income tax | $24.5M | $21.4M | $61.1M | $71.3M | $9.2M | $97.2M | $26.0M | $45.9M | $70.3M | $98.1M |
| Net income | $32.1M | $91.4M | $195.1M | $218.4M | $7.2M | -$212.2M | -$87.1M | $175.4M | $162.5M | -$141.2M |
| EPS, basic | 0.15 | 0.43 | 0.90 | 1.01 | 0.03 | -1.00 | -0.41 | 0.82 | 0.75 | -0.66 |
| EPS, diluted | 0.15 | 0.43 | 0.90 | 1.01 | 0.03 | -1.00 | -0.41 | 0.82 | 0.75 | -0.66 |
| Shares, diluted (wtd. avg.) | $212.2M | $211.4M | $212.9M | $213.3M | $213.0M | $212.5M | $212.2M | $212.7M | $214.3M | $214.2M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $210.0M | $326.0M | $223.3M | $126.4M | $82.4M | $84.5M | $50.0M | $116.3M | $91.0M | $131.8M |
| Receivables | $327.7M | $276.6M | $324.9M | $416.6M | $258.6M | $161.8M | $242.6M | $323.5M | $377.9M | $169.2M |
| Inventory | $119.0M | $107.6M | $110.9M | $97.1M | $79.0M | $82.9M | $100.9M | $130.1M | $114.9M | $108.3M |
| Total current assets | $704.5M | $732.8M | $727.1M | $703.3M | $492.0M | $428.4M | $436.9M | $618.9M | $640.1M | $479.1M |
| Property, plant and equipment | $531.6M | $513.5M | $435.1M | $333.1M | $254.4M | $264.4M | $516.7M | $518.0M | $443.9M | $498.0M |
| Goodwill | $83.4M | $50.8M | $50.8M | $32.1M | $32.1M | $32.1M | $32.1M | $32.1M | $32.1M | $32.1M |
| Other intangibles | $97.5M | $13.8M | $12.8M | $1.1M | — | — | — | — | — | — |
| Total assets | $1.47B | $1.39B | $1.29B | $1.13B | $864.4M | $790.5M | $1.05B | $1.20B | $1.15B | $1.04B |
| Accounts payable | $119.8M | $84.5M | $85.0M | $115.2M | $74.4M | $41.1M | $53.1M | $103.4M | $103.5M | $70.5M |
| Total current liabilities | $217.2M | $181.9M | $151.9M | $178.6M | $130.8M | $79.6M | $101.4M | $143.2M | $145.4M | $101.5M |
| Total liabilities | $369.2M | $308.2M | $264.3M | $271.3M | $222.6M | $158.9M | $222.9M | $249.2M | $235.5M | $228.7M |
| Retained earnings | $1.08B | $1.06B | $1.00B | $856.0M | $640.9M | $627.8M | $832.1M | $947.7M | $906.7M | $803.2M |
| Total equity | $1.10B | $1.08B | $1.02B | $857.7M | $641.8M | $631.6M | $830.3M | $950.4M | $911.7M | $806.8M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $201.3M | $349.4M | $394.8M | $201.3M | $47.7M | $78.0M | $209.1M | $389.0M | $133.7M | $101.7M |
| Depreciation and amortisation | $161.2M | $132.6M | $108.1M | $83.0M | $72.7M | $95.5M | $172.6M | $166.2M | $166.9M | $220.6M |
| Stock-based compensation | $12.4M | $9.2M | $7.9M | $6.4M | $6.6M | $8.7M | $8.6M | $9.4M | $11.1M | $10.2M |
| Capital expenditure | $148.4M | $219.9M | $181.0M | $139.6M | $67.6M | $65.1M | $250.6M | $242.6M | $117.5M | $33.9M |
| Investing cash flow | -$273.7M | -$201.6M | -$241.7M | -$123.7M | -$47.6M | -$42.7M | -$235.8M | -$219.7M | -$104.4M | -$21.3M |
| Financing cash flow | -$43.6M | -$45.2M | -$56.2M | -$33.6M | -$2.2M | -$826.0K | -$39.6M | -$144.1M | -$70.1M | -$13.7M |
| Dividends paid | $35.1M | $34.4M | $34.6M | $8.6M | — | — | $32.2M | $101.1M | $43.3M | $10.9M |
| Buybacks | $2.9M | $9.9M | $21.1M | $918.0K | $567.0K | $826.0K | $7.4M | $43.0M | $26.8M | $3.3M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-26-021480.
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