Expro Group Holdings (XPRO) AI Stock Analysis

• Market Cap: $1.58B
• Dividend Yield: N/A
• Average Volume (3M): 1.20M
• Price to Earnings (P/E): 22.1
• Beta (1Y): 1.07
• Revenue Growth: -1.24%
• EPS Growth: 337.41%
• Country: US
• Employees: 8,500
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): 0.12
• Shares Outstanding: 113,560,425
• 10 Day Avg. Volume: 1,272,742
• 30 Day Avg. Volume: 1,204,837
• PEG Ratio: -0.09
• Price to Book (P/B): 0.96
• Price to Sales (P/S): 0.84
• P/FCF Ratio: 55.25
• Enterprise Value/Market Cap: 0.86
• Enterprise Value/Revenue: 0.82
• Enterprise Value/Gross Profit: 6.27
• Enterprise Value/Ebitda: 4.55
• 1Y Price Target: $14.75
• Price Target Upside: 13.90% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 76 Outperform
• Price Target: $15.50 ▲(19.69% Upside)

Expro Group Holdings receives a strong overall score driven by robust financial performance and positive technical indicators. The company's raised guidance and significant contract wins further enhance its outlook. However, concerns about revenue growth and future activity levels slightly temper the score.

Positive Factors

Cash Flow Generation

Record-breaking free cash flow indicates strong cash generation ability, enhancing financial flexibility and supporting future investments.

Contract Wins

Significant contract wins with major operators strengthen Expro's market position and provide stable, long-term revenue streams.

Technological Innovations

Recognition for technological innovations enhances Expro's competitive edge, driving differentiation and attracting new business opportunities.

Negative Factors

Revenue Growth Concerns

Negative revenue growth challenges Expro's ability to expand market share and could impact long-term financial performance if not addressed.

Softer Activity in Asia Pacific

Decreased activity in key regions like Asia Pacific may limit growth prospects and affect overall revenue stability.

Flat Activity Outlook for 2026

A flat activity outlook for 2026 suggests potential stagnation in growth, which could pressure margins and limit expansion opportunities.

Expro Group Holdings Business Overview & Revenue Model

Company Description

Expro Group Holdings N.V. engages in the provision of energy services in North and Latin America, Europe and Sub-Saharan Africa, the Middle East and North Africa, and the Asia-Pacific. The company provides well construction services, such as technology solutions in drilling, tubular running services, and cementing and tubulars; and well management services, including well flow management, subsea well access, and well intervention and integrity services. It serves exploration and production companies in onshore and offshore environments in approximately 60 countries with approximately 100 locations. The company was founded in 1938 and is based in Houston, Texas.

How the Company Makes Money

Expro Group Holdings generates revenue through multiple streams, primarily by providing specialized services and technologies to the oil and gas industry. Key revenue sources include well testing services, which assess the performance and viability of oil and gas wells; subsea services that support offshore operations; and enhanced oil recovery techniques that optimize production from existing wells. Additionally, the company may engage in long-term contracts with major oil and gas operators, providing a stable income base. Strategic partnerships and collaborations with other industry players further enhance its market presence and contribute to revenue growth, while a focus on innovation and technology development allows Expro to differentiate its offerings and capture new business opportunities.

Expro Group Holdings Financial Statement Overview

Summary

Expro Group Holdings demonstrates strong financial health with improving profitability and a solid balance sheet. While revenue growth is a concern, the company shows resilience in cash flow generation and operational efficiency. The low leverage and positive cash flow trends position the company well for future growth, despite the challenges in revenue expansion.

Income Statement

Expro Group Holdings shows a solid improvement in profitability metrics over the TTM period. The gross profit margin stands at 21.41%, and the net profit margin is 4.15%, indicating a positive trend compared to previous years. However, the revenue growth rate is negative at -68.6%, which is a concern. The EBIT and EBITDA margins have improved, reflecting better operational efficiency.

Balance Sheet

The company maintains a strong balance sheet with a low debt-to-equity ratio of 0.06, indicating low leverage. The return on equity is modest at 4.57%, showing profitability from equity. The equity ratio is healthy, suggesting a stable financial structure.

Cash Flow

Cash flow metrics show a positive trend with a free cash flow growth rate of 14.06% in the TTM period. The operating cash flow to net income ratio is 0.54, indicating good cash generation relative to net income. However, the free cash flow to net income ratio is moderate at 0.51, suggesting room for improvement in cash flow efficiency.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.66B	1.71B	1.51B	1.28B	825.76M	675.03M
Gross Profit	217.46M	233.17M	110.61M	82.29M	731.00K	-5.54M
EBITDA	299.63M	273.95M	197.15M	161.11M	17.04M	-191.10M
Net Income	68.95M	51.92M	-23.36M	-20.14M	-131.89M	-307.05M
Balance Sheet
Total Assets	2.31B	2.41B	2.07B	1.96B	1.92B	1.06B
Cash, Cash Equivalents and Short-Term Investments	198.62M	184.66M	153.17M	218.46M	239.85M	120.71M
Total Debt	189.87M	203.05M	110.88M	94.72M	110.30M	90.84M
Total Liabilities	788.08M	916.47M	769.74M	678.54M	626.11M	452.26M
Stockholders Equity	1.52B	1.49B	1.30B	1.29B	1.30B	611.98M
Cash Flow
Free Cash Flow	127.57M	25.90M	16.20M	-1.74M	-65.37M	-42.00M
Operating Cash Flow	250.50M	169.48M	138.31M	80.17M	16.14M	70.39M
Investing Cash Flow	-117.93M	-165.14M	-148.23M	-71.21M	112.05M	-96.77M
Financing Cash Flow	-104.49M	29.57M	-49.34M	-25.61M	-7.18M	-625.00K

Expro Group Holdings Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 12.95
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For XPRO, the sentiment is Neutral. The current price of 12.95 is below the 20-day moving average (MA) of 13.29, above the 50-day MA of 12.72, and above the 200-day MA of 10.67, indicating a neutral trend. The MACD of 0.28 indicates Positive momentum. The RSI at 47.27 is Neutral, neither overbought nor oversold. The STOCH value of 20.07 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for XPRO.

Expro Group Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NESR	79 Outperform	$1.20B	16.39	8.17%	―	―	―
XPRO	76 Outperform	$1.58B	22.11	4.60%	―	-1.24%	337.41%
DNOW	75 Outperform	$1.56B	15.46	8.10%	―	3.18%	-53.71%
OII	73 Outperform	$2.26B	9.92	28.92%	―	8.71%	72.09%
LBRT	69 Neutral	$2.82B	15.49	9.21%	1.86%	-12.05%	-46.45%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
MRC	45 Neutral	$1.17B	―	0.28%	―	-10.96%	-169.10%

Expro Group Holdings Corporate Events

Expro Group’s Earnings Call: Strong Performance Amid Challenges

Expro Group Holdings N.V. recently held its earnings call, revealing a generally positive sentiment despite some regional challenges. The company showcased strong financial performance, highlighted by record-breaking free cash flow and robust EBITDA margins. Expro’s ability to secure significant contracts and its commitment to technological innovation were also emphasized, although a softer activity outlook in the Asia Pacific region and expectations of flat to slightly down activity in 2026 tempered the overall optimism.

Expro Group Reports Strong Q3 2025 Results

Expro Group Holdings N.V. is a leading provider of energy services, specializing in well construction, well flow management, subsea well access, and well intervention and integrity solutions, operating in both onshore and offshore environments across more than 50 countries. In its third quarter of 2025, Expro reported a revenue of $411 million and a net income of $14 million, with a net income margin of 3%. The company also achieved an adjusted EBITDA of $94 million, representing a margin of 22.8%, and generated $39 million in free cash flow. Notably, Expro increased its full-year guidance for adjusted EBITDA to between $350 million and $360 million and adjusted free cash flow to between $110 million and $120 million. Key achievements included setting an offshore world record for the heaviest casing string deployment and introducing award-winning technologies such as QPulse™ and ELITE Composition™. Expro’s management remains optimistic about navigating market challenges and capitalizing on opportunities in its core international and offshore markets.

Expro Group Holdings Reports Strong Q3 2025 Results

On October 23, 2025, Expro Group Holdings announced its third-quarter 2025 financial results, highlighting a revenue of $411 million and a net income of $14 million. The company increased its full-year guidance for Adjusted EBITDA and Adjusted Free Cash Flow, reflecting strong operational performance and strategic milestones, including a world record for casing string deployment and several technology awards. Expro’s achievements in technological advancements and contract wins underscore its commitment to innovation, safety, and sustainability, enhancing its market position and stakeholder value.

The most recent analyst rating on (XPRO) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on Expro Group Holdings stock, see the XPRO Stock Forecast page.

Expro Group Reports Strong Q2 2025 Results

Expro Group Holdings N.V. is a leading provider of energy services, specializing in well construction, well flow management, subsea well access, and well intervention and integrity solutions, serving clients in both onshore and offshore environments across more than 50 countries.

Expro Group’s Q2 2025 Earnings Call Highlights

Expro Group Holdings N.V. recently held its Q2 2025 earnings call, where the sentiment was overwhelmingly positive. The company reported strong financial performance, with record-setting EBITDA margins and significant new order awards. Despite facing challenges such as volatility in commodity prices and a decline in subsea well access revenue, Expro’s strong market position and optimistic outlook contributed to the positive sentiment.