RPC Inc. Common Stock (RES)

FairStock Score: 32/100 — RISKY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look at RPC as a classic cyclical oilfield services business, and the numbers tell a story of boom and bust. In fiscal 2023, ended 2023-12-31, it earned $195.1 million, or $0.90 per diluted share, on $1.6 billion of revenue. By fiscal 2025, ended 2025-12-31, net income was only $32.1 million and diluted EPS $0.15. The latest filed quarter, fiscal Q2 2026 ended 2026-06-30, showed $460.9 million of revenue and $12.1 million of net income, or $0.05 per diluted share, better than fiscal Q2 2025, which had $420.8 million of revenue and $10.1 million of net income. Still, the fiscal Q1 2026 quarter, ended 2026-03-31, produced just $855,000 of net income and $0.00 diluted EPS. The balance sheet is a genuine strength: debt-to-equity is 0.05, the Altman Z-Score is 4.13, and the Piotroski F-Score is 8/9. But FairStock's return calculations show ROE of 2.08% and ROCE of 2.41%. Free cash flow is $39.1 million, a 2.9% FCF yield. At the 2026-10-13 close of $6.07, FairStock calculates a P/E of 55.18, P/B of 1.19, PEG of 2.91, and EV/EBITDA of 5.64. The Graham Number is $3.52, so the price is not cheap on that conservative measure. FairStock labels it CYCLICAL — Oil & Gas Equipment & Services — because earnings follow the economic cycle. A low-debt survivor with depressed margins can be interesting if the cycle turns, but today the earnings power does not support the price with much margin of safety.

In plain English: RPC sells equipment and services that help oil and gas companies drill and complete wells. The business looks weak right now: sales are rising, but profits are very thin, and the company earns little on the money invested in it. At $6.07 a share, the price looks expensive compared with those small profits, though the shares trade near the accounting value of the company's net assets.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer