# Expro Ltd (XPRO) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Energy / Energy Equipment & Services. Price $17.96, market value $2.0 billion.

## Valuation
- **P/E (trailing): 99.8×** (5-yr avg 28.7×, 3-yr avg 28.7×). Expro Ltd trades at 99.8× trailing earnings, well above its own five-year average of 28.7×: investors are paying up relative to the company's past. The Energy median in the September 2026 study was 16.8×. Forward P/E is 15.2×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 1.3×**. Each dollar of revenue is priced at 1.3×.
- **Price / book: 1.3×**. The shares trade at 1.3× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 7.7×**. Enterprise value is 7.7× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 5.5%** (5-yr avg 2.1%). Free cash flow equals 5.5% of the market value, above its five-year average of 2.1%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 1.0%**. The inverse of the P/E: 1.0% of the price is earned each year.

## Profitability
- **Gross margin: 10.1%**. Expro Ltd keeps 10.1% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 5.1%**. 5.1% of revenue is left after running the business.
- **Net margin: 3.2%**. 3.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 3.4%**. 3.4% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 2.6%**. Return on all capital, debt included, is 2.6%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 0.9%**. Each dollar of assets produces 0.9% of profit.

## Growth
- **Revenue growth (1 yr): -6.2%** (3-yr 7.9%/yr). Revenue fell 6.2% over the last year.
- **EPS growth (1 yr): 0.0%**. Earnings per share rose 0.0%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Debt to equity: 0.11**. Debt is 0.11 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Expro Ltd holds more cash than debt.
- **Current ratio: 2.16** (quick 1.79). Current assets cover the next year's liabilities 2.16 times.
- **Altman Z-score: 3.77**. A Z-score of 3.77 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend: none**. Expro Ltd does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 43.3%** (YTD 34.5%, 3-mo 16.8%). The shares are up 43.3% over twelve months including dividends.
- **From 52-week high: -6.6%** (54.8% above the low). Trading 7% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 54**. An RSI of 54 is neutral.
- **Beta (1 yr): 1.11** (volatility 49%). Beta of 1.11 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=XPRO · Page: https://foliofundamentals.com/stocks/xpro

Not investment advice.