RPC Inc (RES) - Net Assets
Based on the latest financial reports, RPC Inc (RES) has net assets worth $1.10 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.47 Billion) and total liabilities ($369.21 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how resilient are RPC Inc's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.10 Billion |
| % of Total Assets | 74.86% |
| Annual Growth Rate | 8.17% |
| 5-Year Change | 71.27% |
| 10-Year Change | 36.24% |
| Growth Volatility | 15.43 |
RPC Inc - Net Assets Trend (1985–2025)
This chart illustrates how RPC Inc's net assets have evolved over time, based on quarterly financial data. Also explore RES current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for RPC Inc (1985–2025)
The table below shows the annual net assets of RPC Inc from 1985 to 2025. For live valuation and market cap data, see RPC Inc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.10 Billion | +1.94% |
| 2024-12-31 | $1.08 Billion | +5.45% |
| 2023-12-31 | $1.02 Billion | +19.21% |
| 2022-12-31 | $857.74 Million | +33.65% |
| 2021-12-31 | $641.79 Million | +1.62% |
| 2020-12-31 | $631.57 Million | -23.94% |
| 2019-12-31 | $830.33 Million | -12.64% |
| 2018-12-31 | $950.42 Million | +4.25% |
| 2017-12-31 | $911.70 Million | +13.00% |
| 2016-12-31 | $806.80 Million | -15.28% |
| 2015-12-31 | $952.28 Million | -11.69% |
| 2014-12-31 | $1.08 Billion | +11.32% |
| 2013-12-31 | $968.70 Million | +7.73% |
| 2012-12-31 | $899.23 Million | +17.92% |
| 2011-12-31 | $762.59 Million | +41.51% |
| 2010-12-31 | $538.89 Million | +31.53% |
| 2009-12-31 | $409.72 Million | -8.76% |
| 2008-12-31 | $449.08 Million | +9.73% |
| 2007-12-31 | $409.27 Million | +22.07% |
| 2006-12-31 | $335.29 Million | +44.21% |
| 2005-12-31 | $232.50 Million | +28.15% |
| 2004-12-31 | $181.42 Million | +20.06% |
| 2003-12-31 | $151.11 Million | +4.15% |
| 2002-12-31 | $145.08 Million | -7.26% |
| 2001-12-31 | $156.44 Million | -7.61% |
| 2000-12-31 | $169.32 Million | +18.57% |
| 1999-12-31 | $142.80 Million | -0.21% |
| 1998-12-31 | $143.10 Million | +2.65% |
| 1997-12-31 | $139.40 Million | +18.34% |
| 1996-12-31 | $117.80 Million | +12.84% |
| 1995-12-31 | $104.40 Million | +11.66% |
| 1994-12-31 | $93.50 Million | +10.52% |
| 1993-12-31 | $84.60 Million | +8.88% |
| 1992-12-31 | $77.70 Million | +5.57% |
| 1991-12-31 | $73.60 Million | +12.54% |
| 1990-12-31 | $65.40 Million | +20.22% |
| 1989-12-31 | $54.40 Million | +20.35% |
| 1988-12-31 | $45.20 Million | +9.18% |
| 1987-12-31 | $41.40 Million | +13.42% |
| 1986-12-31 | $36.50 Million | -23.16% |
| 1985-12-31 | $47.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to RPC Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 8401.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.08 Billion | 98.23% |
| Common Stock | $22.06 Million | 2.01% |
| Other Comprehensive Income | $-2.55 Million | -0.23% |
| Total Equity | $1.10 Billion | 100.00% |
RPC Inc Competitors by Market Cap
The table below lists competitors of RPC Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wizz Air Holdings Plc
F:WI2
|
$1.26 Billion |
|
HUANLEJIA Food Group Co. Ltd.
SHE:300997
|
$1.26 Billion |
|
CVR Partners LP
NYSE:UAN
|
$1.26 Billion |
|
Zensar Technologies Limited
NSE:ZENSARTECH
|
$1.26 Billion |
|
Hengdian Group Tospo Lighting Co Ltd
SHG:603303
|
$1.26 Billion |
|
Fujian Nebula Electronics Co Ltd
SHE:300648
|
$1.26 Billion |
|
ITMAX System Berhad
KLSE:5309
|
$1.26 Billion |
|
Jiangxi Guotai Civilian
SHG:603977
|
$1.26 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RPC Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,078,291,000 to 1,099,171,000, a change of 20,880,000 (1.9%).
- Net income of 32,080,000 contributed positively to equity growth.
- Dividend payments of 35,122,000 reduced retained earnings.
- Share repurchases of 2,868,000 reduced equity.
- Other comprehensive income increased equity by 278,000.
- Other factors increased equity by 26,512,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $32.08 Million | +2.92% |
| Dividends Paid | $35.12 Million | -3.2% |
| Share Repurchases | $2.87 Million | -0.26% |
| Other Comprehensive Income | $278.00K | +0.03% |
| Other Changes | $26.51 Million | +2.41% |
| Total Change | $- | 1.94% |
Book Value vs Market Value Analysis
This analysis compares RPC Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.52x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 35.03x to 1.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $0.22 | $7.62 | x |
| 1986-12-31 | $0.17 | $7.62 | x |
| 1988-12-31 | $0.21 | $7.62 | x |
| 1989-12-31 | $0.25 | $7.62 | x |
| 1990-12-31 | $0.30 | $7.62 | x |
| 1991-12-31 | $0.35 | $7.62 | x |
| 1992-12-31 | $0.37 | $7.62 | x |
| 1993-12-31 | $0.39 | $7.62 | x |
| 1994-12-31 | $0.43 | $7.62 | x |
| 1995-12-31 | $0.48 | $7.62 | x |
| 1996-12-31 | $0.55 | $7.62 | x |
| 1997-12-31 | $0.62 | $7.62 | x |
| 1998-12-31 | $0.65 | $7.62 | x |
| 1999-12-31 | $0.67 | $7.62 | x |
| 2000-12-31 | $0.79 | $7.62 | x |
| 2001-12-31 | $0.72 | $7.62 | x |
| 2002-12-31 | $0.69 | $7.62 | x |
| 2003-12-31 | $0.69 | $7.62 | x |
| 2004-12-31 | $0.82 | $7.62 | x |
| 2005-12-31 | $1.04 | $7.62 | x |
| 2006-12-31 | $1.52 | $7.62 | x |
| 2007-12-31 | $1.86 | $7.62 | x |
| 2008-12-31 | $2.04 | $7.62 | x |
| 2009-12-31 | $1.89 | $7.62 | x |
| 2010-12-31 | $2.45 | $7.62 | x |
| 2011-12-31 | $3.46 | $7.62 | x |
| 2012-12-31 | $4.15 | $7.62 | x |
| 2013-12-31 | $4.47 | $7.62 | x |
| 2014-12-31 | $5.08 | $7.62 | x |
| 2015-12-31 | $4.53 | $7.62 | x |
| 2016-12-31 | $3.77 | $7.62 | x |
| 2017-12-31 | $4.25 | $7.62 | x |
| 2018-12-31 | $4.47 | $7.62 | x |
| 2019-12-31 | $3.91 | $7.62 | x |
| 2020-12-31 | $2.97 | $7.62 | x |
| 2021-12-31 | $3.01 | $7.62 | x |
| 2022-12-31 | $4.02 | $7.62 | x |
| 2023-12-31 | $4.80 | $7.62 | x |
| 2024-12-31 | $5.10 | $7.62 | x |
| 2025-12-31 | $5.01 | $7.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RPC Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.97%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 1.34x
- Recent ROE (2.92%) is below the historical average (5.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | -86.11% | -66.18% | 1.06x | 1.22x | $-45.65 Million |
| 1986 | -112.05% | -66.18% | 1.21x | 1.39x | $-44.55 Million |
| 1988 | 10.62% | 4.09% | 1.75x | 1.49x | $280.00K |
| 1989 | 10.66% | 5.58% | 1.30x | 1.47x | $360.00K |
| 1990 | 10.86% | 6.33% | 1.21x | 1.42x | $560.00K |
| 1991 | 7.20% | 5.45% | 1.00x | 1.32x | $-2.06 Million |
| 1992 | 5.28% | 4.07% | 0.98x | 1.32x | $-3.67 Million |
| 1993 | 8.16% | 5.59% | 1.12x | 1.30x | $-1.56 Million |
| 1994 | 9.41% | 5.65% | 1.27x | 1.31x | $-550.00K |
| 1995 | 10.34% | 6.69% | 1.22x | 1.27x | $360.00K |
| 1996 | 11.29% | 6.62% | 1.31x | 1.30x | $1.52 Million |
| 1997 | 15.93% | 9.03% | 1.35x | 1.31x | $8.26 Million |
| 1998 | 11.18% | 6.55% | 1.35x | 1.26x | $1.69 Million |
| 1999 | 5.74% | 3.56% | 1.21x | 1.33x | $-6.08 Million |
| 2000 | 17.77% | 16.33% | 0.66x | 1.64x | $13.16 Million |
| 2001 | 17.25% | 10.18% | 1.31x | 1.29x | $11.34 Million |
| 2002 | -3.63% | -2.52% | 1.07x | 1.35x | $-19.77 Million |
| 2003 | 7.21% | 4.03% | 1.19x | 1.50x | $-4.22 Million |
| 2004 | 19.17% | 10.23% | 1.29x | 1.45x | $16.63 Million |
| 2005 | 28.60% | 15.55% | 1.37x | 1.34x | $43.23 Million |
| 2006 | 33.04% | 18.57% | 1.26x | 1.41x | $77.27 Million |
| 2007 | 21.27% | 12.61% | 0.98x | 1.71x | $46.12 Million |
| 2008 | 18.57% | 9.51% | 1.11x | 1.77x | $38.49 Million |
| 2009 | -5.55% | -3.87% | 0.91x | 1.58x | $-63.72 Million |
| 2010 | 27.23% | 13.38% | 1.23x | 1.65x | $92.85 Million |
| 2011 | 38.86% | 16.38% | 1.35x | 1.75x | $220.12 Million |
| 2012 | 30.52% | 14.11% | 1.42x | 1.52x | $184.51 Million |
| 2013 | 17.23% | 8.97% | 1.35x | 1.43x | $70.02 Million |
| 2014 | 22.74% | 10.49% | 1.33x | 1.63x | $137.35 Million |
| 2015 | -10.46% | -7.88% | 1.02x | 1.30x | $-194.79 Million |
| 2016 | -17.51% | -19.38% | 0.70x | 1.28x | $-221.93 Million |
| 2017 | 17.83% | 10.19% | 1.39x | 1.26x | $71.34 Million |
| 2018 | 18.46% | 10.19% | 1.43x | 1.26x | $80.36 Million |
| 2019 | -10.49% | -7.13% | 1.10x | 1.34x | $-170.14 Million |
| 2020 | -33.60% | -35.47% | 0.73x | 1.30x | $-275.35 Million |
| 2021 | 1.12% | 0.83% | 0.96x | 1.40x | $-56.96 Million |
| 2022 | 25.46% | 13.63% | 1.42x | 1.32x | $132.59 Million |
| 2023 | 19.08% | 12.06% | 1.23x | 1.29x | $92.86 Million |
| 2024 | 8.48% | 6.46% | 1.02x | 1.29x | $-16.39 Million |
| 2025 | 2.92% | 1.97% | 1.11x | 1.34x | $-77.84 Million |
Industry Comparison
This section compares RPC Inc's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $4,027,366,900
- Average return on equity (ROE) among peers: 0.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RPC Inc (RES) | $1.10 Billion | -86.11% | 0.34x | $1.26 Billion |
| ProFrac Holding Corp. (ACDC) | $176.81 Million | -1.24% | 2.26x | $980.32 Million |
| Atlas Energy Solutions Inc. (AESI) | $338.70 Million | 1.26% | 0.61x | $1.64 Billion |
| Archrock Inc (AROC) | $722.86 Million | 4.64% | 1.69x | $6.33 Billion |
| Baker Hughes Co (BKR) | $35.01 Billion | 0.56% | 0.50x | $62.90 Billion |
| ChampionX Corporation (CHX) | $1.64 Billion | 6.75% | 0.16x | $4.94 Billion |
| Core Laboratories NV (CLB) | $47.60 Million | 16.18% | 0.67x | $655.15 Million |
| Drilling Tools International Corp. (DTI) | $49.10 Million | 42.93% | 1.14x | $76.38 Million |
| Dawson Geophysical Company (DWSN) | $48.80 Million | -38.20% | 0.41x | $62.41 Million |
| Enerflex Ltd. (EFXT) | $1.21 Billion | 8.14% | 0.88x | $2.57 Billion |
| Forum Energy Technologies Inc (FET) | $1.03 Billion | -36.31% | 0.78x | $597.54 Million |
About RPC Inc
RPC, Inc., together with its subsidiaries, engages provision of 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, cementing, downhole tools, coiled tubing, s… Read more