The Motley Fool·Jun 24, 2026
Why RPC Stock Dived by Nearly 12% TodayBen Palmer had served in several crucial roles since joining RPC in 1996. He's stepping down at a crucial time for the broader oil industry.
RPC, Inc.(RES)Earnings, Financials & Key Ratios
RES•NYSE
$5.58
37.2× P/E·Price updated Jul 7, 2026
AboutRPC, Inc., through its subsidiaries, provides a range of oilfield services and equipment for the oil and gas companies involved in the exploration, production, and development of oil and gas properties. The company operates through Technical Services and Support Services segments. The Technical Services segment offers pressure pumping, fracturing, acidizing, cementing, downhole tools, coiled tubing, snubbing, nitrogen, well control, wireline, pump down, and fishing services that are used in the completion, production, and maintenance of oil and gas wells. The Support Services segment provides a range of rental tools for onshore and offshore oil and gas well drilling, completion, and workover activities. This segment also offers oilfield pipe inspection, and pipe management and storage services, as well as well control training and consulting services. The company operates in the United States, Africa, Canada, Argentina, China, Mexico, Eastern Europe, Latin America, the Middle East, and internationally. RPC, Inc. was founded in 1984 and is headquartered in Atlanta, Georgia.Show more
- Revenue$1.63B+15.0%
- EBITDA$218M-5.2%
- Net Income$32M-64.9%
- EPS (Diluted)0.15-65.1%
- Gross Margin14.29%-46.5%
- EBITDA Margin13.41%-17.6%
- Operating Margin3.5%-49.3%
- Net Margin1.97%-69.5%
- ROE2.95%-66.2%
RES Price & Volume
RPC, Inc. (RES) stock price & volume — 10-year historical chart
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Cyclical Revenue Growth Masks Structural Margin Compression
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Mixed
Profitability:Strained
Financial:Fortress
Cash Flow:Deteriorating
Primary Risk:Cyclical margin compression risk
Key Thesis Takeaways
- RPC, Inc.
- faces a challenging fundamental outlook as its 36.6% year-over-year revenue growth in 2026Q1 fails to translate into meaningful profitability, with net margins compressing to a negligible 0.2%.
- While the company maintains a fortress balance sheet with a minimal 0.07 debt-to-equity ratio, the inability to convert top-line expansion into consistent free cash flow—which turned negative at -$932,000 in 2026Q1—raises significant concerns regarding the long-term viability of its current service model.
- Investors should monitor whether the company can overcome its high capital intensity, evidenced by a 7.1% CapEx-to-revenue ratio, to stabilize earnings quality in an increasingly competitive oilfield services environment.
Verdict Logic
the company's inability to generate positive free cash flow, which reached -$932,000 in 2026Q1, combined with a sharp decline in net margins to 0.2%, suggests that the current valuation of 39.27x P/E TTM is not supported by core operational performance.
RES Growth Metrics
RPC, Inc. (RES) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years2.56%
5 Years22.14%
3 Years0.51%
TTM27.62%
Profit CAGR
10 Years-
5 Years-
3 Years-47.23%
TTM-72.5%
EPS CAGR
10 Years-
5 Years-
3 Years-47.04%
TTM-72.8%
Return on Capital
10 Years4.59%
5 Years14.35%
3 Years12.02%
Last Year4.63%
RES Recent Earnings
RPC, Inc. (RES) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 4/12 qtrs (33%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
May 7, 2026Metric
Actual
Est
EPS
$0.03+200.0%
$0.01
Rev
$455M+11.8%
$407M
Q1 2026
Feb 3, 2026Metric
Actual
Est
EPS
$0.04-42.9%
$0.07
Rev
$426M+0.1%
$425M
Q4 2025
Oct 30, 2025Metric
Actual
Est
EPS
$0.09+80.0%
$0.05
Rev
$447M+15.6%
$387M
Q3 2025
Jul 24, 2025Metric
Actual
Est
EPS
$0.08-11.1%
$0.09
Rev
$421M+4.6%
$402M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 7, 2026 | $0.03vs $0.01+200.0% | $455Mvs $407M+11.8% |
| Q1 2026 | Feb 3, 2026 | $0.04vs $0.07-42.9% | $426Mvs $425M+0.1% |
| Q4 2025 | Oct 30, 2025 | $0.09vs $0.05+80.0% | $447Mvs $387M+15.6% |
| Q3 2025 | Jul 24, 2025 | $0.08vs $0.09-11.1% | $421Mvs $402M+4.6% |
Based on last 12 quarters of dataView full earnings history →
Latest RES News
Recent stock market news and headlines for RPC, Inc. (RES)
PRNewsWire·Jun 23, 2026
RPC, Inc. Announces CEO Succession PlanBen M. Palmer to retire following distinguished 30-year career with RPC, including as President and CEO since 2022 Board initiates search for CEO to lead RPC's next chapter ATLANTA, June 23, 2026 /PRNewswire/ -- RPC, Inc. (NYSE: RES) ("RPC" or the "Company"), a leading diversified oilfield services company, today announced that Ben M. Palmer plans to retire from his role as President and CEO, and step down from the Board of Directors of RPC by the end of 2026, following 30 years with the Company.
Peers Comparison
Key metrics vs top competitors for RPC, Inc. (RES)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $5.58 | $1.24B | 37.20 | 14.95% | 1.97% | 2.95% | 2.87% | |
| $23.66 | $3.83B | 26.58 | -7.16% | 3.71% | 7.39% | — | |
| $12.30 | $1.51B | 1576.92 | -12.13% | -1.05% | -1.43% | — | |
| $4.71 | $852.14M | -2.05 | -11.37% | -24.17% | -48.48% | — | |
| $18.65 | $2.1B | 93.25 | -3.08% | 1.54% | 2.21% | — | |
| $46.42 | $69.4B | 19.75 | -1.6% | 9.2% | 12.82% | — |
Compare RES vs Peers
RPC, Inc. (RES) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
RES SEC Filings & Documents
RPC, Inc. (RES) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
May 7, 2026·SEC
Material company update
Apr 30, 2026·SEC
Material company update
Apr 28, 2026·SEC
10-K Annual Reports
410-Q Quarterly Reports
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RES Frequently Asked Questions
RPC, Inc. (RES) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is RPC, Inc.'s revenue?
RPC, Inc. (RES) reported $1.75B in revenue for fiscal year 2025. This represents a 771% increase from $200.8M in 1996.
How fast is RPC, Inc. growing?
RPC, Inc. (RES) grew revenue by 15.0% over the past year. This is steady growth.
Is RES profitable?
Yes, RPC, Inc. (RES) is profitable, generating $20.9M in net income for fiscal year 2025 (2.0% net margin).
Dividend & Returns
Does RES pay dividends?
Yes, RPC, Inc. (RES) pays a dividend with a yield of 2.87%. This makes it attractive for income-focused investors.
What is RES's return on equity?
RPC, Inc. (RES) has a return on equity (ROE) of 2.9%. This is below average, suggesting room for improvement.
What is RPC, Inc.'s free cash flow?
RPC, Inc. (RES) generated $44.4M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.