Drilling Tools International vs Dawson Geophysical
Drilling Tools International is the larger business, with $160m of revenue in fiscal 2025 against $75.6m for Dawson Geophysical (2.1 times as much). Drilling Tools International grew faster (3.4% against 2.0%). Drilling Tools International kept more of each dollar of sales as profit: a net margin of -2.4% against -2.6%.
| Latest fiscal year | Drilling Tools InternationalDTI, 2025 | Dawson GeophysicalDWSN, 2025 |
|---|---|---|
| Revenue | $160m | $75.6m |
| Revenue growth | 3.4% | 2.0% |
| Net income | −$3.8m | −$1.9m |
| Operating margin | — | -2.2% |
| Net margin | -2.4% | -2.6% |
| Return on equity | -3.1% | -11.7% |
| Free cash flow | −$224,000 | $7.1m |
| Cash | $3.6m | $4.9m |
| Total debt | $45.8m | $17.6m |
| Debt to equity | — | 111.1% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | $1.3m | — |
| Employees | — | 269 |
| Market value | $53.5m | $54.7m |
| Price vs our value range | — | — |
| Moat score | — | 25 (Weak) |
| Insider trades, 12 months | 0 buys, 13 sales | 0 buys, 0 sales |