Expro (XPRO) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Expro

NYSE•Energy•Oil & Gas Equipment & Services

$16.46+0.06(<0.01%)After hours

Market Cap

$1.85B

P/E

89.5x

P/S

1.2x

P/B

1.2x

Expro Ltd provides energy services in North and Latin America, Europe and Sub-Saharan Africa, the Middle East and North Africa, and the Asia-Pacific. It provides well construction products and services, such as technology solutions in tubular running services, tubular products, cementing, drilling, and wellbore cleanup; and well management services comprising well flow management, subsea well access, and well intervention and integrity solutions. The company serves exploration and production companies in onshore and offshore environments. Expro Ltd was formerly known as Expro Group Holdings N.V. Expro Ltd was founded in 1938 and is based in Houston, Texas.

How this company scores

AverageMetricSide Score: 53/100

Strongest: Balance Sheet & Red Flags (21/25); weakest: Growth (5/25).

Profitability7/25

Growth5/25

Balance Sheet & Red Flags21/25

Cash & Earnings Quality20/25

Strengths

Low leverageCash-backed earningsImproving leverageNet cash position

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 89.5x5y range 13.9x – 1270.4x

Currently above its 9-quarter median.

P/S · 1.2x5y range 0.6x – 1.9x

Currently near its 20-quarter median.

P/B · 1.2x5y range 0.7x – 2.0x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Red Flag

Operating margins dropped 45.4% over recent quarters — a sharp decline suggesting serious cost or pricing challenges.

Revenue Decline

Red Flag

Revenue declined in 5 of the last 7 quarters — persistent contraction signals a fundamental problem.

Price & Volume

Market Cap $1.85B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $1.55B
Q. Revenue: $393.18M
TTM EBITDA: $242.93M
TTM Op. Income: $51.78M
Q. Op. Income: $10.37M
TTM Net Income: $20.73M
Q. Net Income: $2.03M
EPS: $0.02
Shares Out.: $113.10M

$1.55B in TTM revenue declined 7.1% YoY, reaching $393.18M last quarter. TTM EBITDA of $242.93M and TTM operating income of $51.78M show growth is flowing through to the bottom line. TTM net income of $20.73M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has fallen for 5 consecutive quarters — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 14.3%
Op. Margin: 2.6%
Net Margin: 0.5%

Op. margin of 2.6% is down 5.1% YoY — costs are rising relative to revenue. Net margin at 0.5% Over the past year, operating margin is down 66% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 89.5x
P/S Ratio: 1.2x
P/B Ratio: 1.2x

At 89.5x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 1.2x and P/B of 1.2x provide additional context. P/E sits above typical market levels while revenue growth is below 5%. Across the last 8 quarters, P/E has risen for 4 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $2.26B
Cash: $199.53M
Long-Term Debt: $79.06M
Book Value: $1.51B
D/E Ratio: 0.1
Debt/EBITDA: 1.4

With $2.26B in assets and $79.06M in long-term debt, D/E is 0.1and book value is $1.51B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has risen for 2 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $81.46M
TTM Free Cash Flow: $111.98M
FCF Margin: 7.2%
FCF / Net Income: 5.4

TTM FCF of $111.98M on $81.46M in operating cash flow. The FCF / Net Income ratio of 5.4x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 0% — an improving trend.