Energy · Oil & Gas Equipment & Services
Price
$10.82
Market Cap
$498.5M
Employees
3,400
Beta
0.99
Avg Volume
529,528
CEO
Lawrence V. Bruno
Business Description
Core Laboratories N.V. (CLB) is a global provider to the oil and gas sector, delivering specialized services and products for characterizing subterranean reservoirs and optimizing hydrocarbon extraction. The company's operations are distinctly segmented into Reservoir Description and Production Enhancement. The Reservoir Description division meticulously analyzes petroleum reservoir rock, fluid, and gas samples. This detailed scientific examination aims to boost the yield and enhance the recovery of oil and gas from clients' reservoirs. Offerings in this segment encompass comprehensive laboratory analysis and on-site field evaluations to determine the properties of crude oil and refined products, alongside performing proprietary and collaborative industry research studies. Conversely, the Production Enhancement segment furnishes an array of services and products vital for well completions, perforations, stimulation processes, and general production activities. This includes providing integrated diagnostic tools designed to assess the efficacy of well completions and to devise strategies for more effective enhanced oil recovery initiatives. Core Laboratories markets and sells its solutions through diverse channels, including direct sales representatives, educational seminars, industry trade exhibitions, print advertising, and a network of distributors. Established in 1936, the company boasts a significant international presence, conducting operations in approximately 50 countries, with its corporate headquarters situated in Amstelveen, the Netherlands.
Business History
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALCStock Price / EPS (Diluted)
15.90
Stock Price: $10.82
EPS (Diluted): 0.68
EPS (Diluted): 0.68
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
2.80
Stock Price: $10.82
Total Equity: $265.99M
Shares: 46,500,000
Total Equity: $265.99M
Shares: 46,500,000
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
12.47
Market Cap: $498.54M
Total Debt: $110.26M
Cash: $22.70M
EBITDA: $71.12M
Total Debt: $110.26M
Cash: $22.70M
EBITDA: $71.12M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$886.7M
Market Cap: $498.54M
Total Debt: $110.26M
Cash: $22.70M
Total Debt: $110.26M
Cash: $22.70M
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
17.9%
Gross Profit: $94.28M
Revenue: $526.52M
Revenue: $526.52M
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
9.6%
Operating Income: $50.49M
Revenue: $526.52M
Revenue: $526.52M
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
5.6%
Net Income: $29.67M
Revenue: $526.52M
Revenue: $526.52M
ROE (Profit from shareholder equity)
CALCNet Income / Total Equity
11.2%
Net Income: $29.67M
Total Equity: $265.99M
Total Equity: $265.99M
ROIC (Profit from all invested capital)
CALCNOPAT / Invested Capital
9.5%
Operating Income: $50.49M
Tax Rate: 33.8%
Equity: $265.99M
Total Debt: $110.26M
Cash: $22.70M
Tax Rate: 33.8%
Equity: $265.99M
Total Debt: $110.26M
Cash: $22.70M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
2.02
Current Assets: $214.67M
Current Liabilities: $106.02M
Current Liabilities: $106.02M
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.41
Short-Term Debt: $0.00
Long-Term Debt: $110.26M
Total Debt: $110.26M
Total Equity: $265.99M
Long-Term Debt: $110.26M
Total Debt: $110.26M
Total Equity: $265.99M
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$11.32
Revenue: $526.52M
Shares: 46,500,000
Shares: 46,500,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$5.72
Total Equity: $265.99M
Shares: 46,500,000
Shares: 46,500,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$0.49
Operating CF: $37.18M
CapEx: -$14.59M
Shares: 46,500,000
CapEx: -$14.59M
Shares: 46,500,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
0.3%
Last Dividend: N/A
Stock Price: $10.82
Stock Price: $10.82
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $29.67M
Net Income: $29.67M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares CLB against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 25, 2026 3:15am (2d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $470.3M | $489.7M | $509.8M | $523.8M | $526.5M |
| Cost of Revenue | $386.4M | $410.8M | $415.7M | $435.5M | $432.2M |
| Gross Profit | $83.8M | $78.9M | $94.0M | $88.4M | $94.3M |
| Operating Expenses | $38.6M | $37.4M | $39.4M | $29.8M | $43.8M |
| Operating Income | $45.3M | $41.5M | $54.6M | $58.6M | $50.5M |
| Net Income | $19.7M | $19.5M | $36.7M | $31.4M | $29.7M |
| EBITDA | $63.8M | $58.7M | $70.4M | $73.5M | $71.1M |
| EPS | $0.43 | $0.42 | $0.79 | $0.67 | $0.68 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 25, 2026 3:15am (2d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $17.7M | $15.4M | $15.1M | $19.2M | $22.7M |
| Total Current Assets | $189.1M | $211.7M | $223.1M | $226.6M | $214.7M |
| Total Assets | $580.9M | $578.4M | $586.4M | $590.4M | $584.0M |
| Current Liabilities | $90.8M | $103.1M | $88.1M | $97.6M | $106.0M |
| Long-Term Debt | $188.6M | $172.4M | $163.1M | $126.1M | $110.3M |
| Total Liabilities | $419.9M | $389.4M | $356.6M | $332.7M | $311.8M |
| Total Equity | $156.4M | $184.3M | $224.8M | $252.0M | $266.0M |
| Retained Earnings | $68.3M | $85.9M | $120.8M | $150.3M | $172.7M |
Cash Flow (Annual)
Last updated: Jun 25, 2026 3:15am (2d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $36.6M | $25.0M | $24.8M | $56.4M | $37.2M |
| Capital Expenditure | -$13.5M | -$10.2M | -$10.6M | -$13.0M | -$14.6M |
| Free Cash Flow | $23.0M | $14.7M | $14.2M | $43.4M | $22.6M |
| Acquisitions (net) | $873,000 | $240,000 | $0 | $0 | -$1.2M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$8.3M | -$3.9M | -$2.2M | -$5.3M | -$12.4M |
| Net Change in Cash | $3.9M | -$2.3M | $-308,000 | $4.0M | $3.7M |
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 10:56am (22h ago)| Metric | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|
| Revenue |
$520.4M $519.9M – $521.0M
|
$517.9M $517.3M – $518.4M
|
$547.1M $546.5M – $547.7M
|
$623.0M $622.3M – $623.7M
|
| EBITDA |
$75.3M $75.2M – $75.4M
|
$74.9M $74.8M – $75.0M
|
$79.1M $79.1M – $79.2M
|
$90.1M $90.0M – $90.2M
|
| Net Income |
$34.3M $34.3M – $34.4M
|
$27.6M $26.9M – $28.4M
|
$39.1M $38.8M – $39.4M
|
$68.8M $68.7M – $68.9M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 25, 2026 3:15am (2d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +4.1% | +4.1% | +2.8% | +0.5% |
| Gross Profit Growth | -5.9% | +19.2% | -6.0% | +6.7% |
| Operating Income Growth | -8.3% | +31.6% | +7.2% | -13.8% |
| Net Income Growth | -1.4% | +88.5% | -14.4% | -5.5% |
| EBITDA Growth | -8.0% | +20.0% | +4.4% | -3.3% |
Dividend History (Last 20)
Last updated: Jun 25, 2026 3:15am (2d ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-05-11 | $0.01 | 2026-04-29 | 2026-05-11 | 2026-06-01 |
| 2026-02-13 | $0.01 | 2026-02-04 | 2026-02-16 | 2026-03-09 |
| 2025-11-03 | $0.01 | 2025-10-22 | 2025-11-03 | 2025-11-24 |
| 2025-08-04 | $0.01 | 2025-07-23 | 2025-08-04 | 2025-08-25 |
| 2025-05-05 | $0.01 | 2025-04-23 | 2025-05-05 | 2025-05-27 |
| 2025-02-10 | $0.01 | 2025-01-29 | 2025-02-10 | 2025-03-03 |
| 2024-11-04 | $0.01 | 2024-10-23 | 2024-11-04 | 2024-11-25 |
| 2024-08-05 | $0.01 | 2024-07-24 | 2024-08-05 | 2024-08-26 |
| 2024-05-03 | $0.01 | 2024-04-24 | 2024-05-06 | 2024-05-28 |
| 2024-02-09 | $0.01 | 2024-01-31 | 2024-02-12 | 2024-03-04 |
| 2023-11-10 | $0.01 | 2023-11-01 | 2023-11-13 | 2023-12-04 |
| 2023-08-04 | $0.01 | 2023-07-26 | 2023-08-07 | 2023-08-28 |
| 2023-05-05 | $0.01 | 2023-04-26 | 2023-05-08 | 2023-05-30 |
| 2023-02-10 | $0.01 | 2023-02-01 | 2023-02-13 | 2023-03-06 |
| 2022-11-04 | $0.01 | 2022-10-26 | 2022-11-07 | 2022-11-28 |
| 2022-08-05 | $0.01 | 2022-07-27 | 2022-08-08 | 2022-08-29 |
| 2022-05-06 | $0.01 | 2022-04-27 | 2022-05-09 | 2022-05-31 |
| 2022-02-11 | $0.01 | 2022-02-02 | 2022-02-14 | 2022-03-07 |
| 2021-11-05 | $0.01 | 2021-10-27 | 2021-11-08 | 2021-11-29 |
| 2021-08-06 | $0.01 | 2021-07-28 | 2021-08-09 | 2021-08-24 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for CLB — it's generated by the pipeline (
market-narrative step).
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30