Does OIL STATES INTERNATIONAL, INC have an economic moat?

Based on its FY2025 SEC filings, the Moat Index scores OIL STATES INTERNATIONAL, INC (OIS) 19.0 out of 100 — below the Shallow-moat bar, so no moat. The four filters behind that score (each 0–100): pricing power 11, returns on capital 0, balance-sheet safety 55, capital discipline 24.

Is OIS stock trading below its intrinsic value?

Against a deliberately conservative owner-earnings model (9% discount rate, 0% assumed growth, capped at 4%), estimated intrinsic value is $1.11 per share versus a recent price of $8.43 — 662% above value. This is an educational estimate computed from primary SEC filings, not investment advice.

How has OIS's Moat Score changed over time?

The record logs 2 readings since Jul 17, 2026; the latest reads 19.0 out of 100 (no moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.

The Moat Index

OIL STATES INTERNATIONAL, INC

OIS · Industrials · $502.9M mkt cap · FY2025 filings · No moat ·

Doesn't clear the bar

No moat

The four filters

Pricing power11

Median gross margin 22.0% over 10y, variable.

Returns on capital0

Median ROIC -5.0%, above the 9% hurdle in 0% of years.

Balance-sheet safety55

Net cash position — no leverage risk.

Capital discipline24

Owner earnings trend unclear, share count growing (dilution).

Margin of safety

Above valueOn sale

662% above value

Owner earnings (normalized): $5.9M
Est. intrinsic value / share: $1.11
Recent price: $8.43
Discount to value: 662% above value

Conservative model: 9% discount rate, 0% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).

Fundamentals

There's no normalized fundamentals series for OIS yet — it appears once ingest has processed its filings.

Moat Score history

Moat Score over timeLast scored reading of each day, on the 0–100 scale19.0 / 100

Score history begins Jul 17, 2026 — the record builds from here and can’t be backfilled.

Tier changesSame-methodology crossings of the Wide / Narrow / Shallow bars

None yet — OIS has read No moat for every logged capture since Jul 17, 2026.

Scores are logged append-only and never overwritten — this record can’t be backfilled, which is exactly why it’s worth keeping.

Industrials context

#266 of 309 scored Industrials companies, ranked by Moat Score.

Nearest peers by Moat Score

#264VELO Velo3D, Inc.19.8 out of 100, No moatNo moat
#265AVT AVNET, INC.19.6 out of 100, No moatNo moat
#267OESX Orion Energy Systems, Inc.18.8 out of 100, No moatNo moat
#268TDW TIDEWATER INC18.6 out of 100, No moatNo moat

Compare OIS with its nearest peers →All Industrials companies on the Index →

Common questions about OIS

Does OIL STATES INTERNATIONAL, INC have an economic moat?: Based on its FY2025 SEC filings, the Moat Index scores OIL STATES INTERNATIONAL, INC (OIS) 19.0 out of 100 — below the Shallow-moat bar, so no moat. The four filters behind that score (each 0–100): pricing power 11, returns on capital 0, balance-sheet safety 55, capital discipline 24.
Is OIS stock trading below its intrinsic value?: Against a deliberately conservative owner-earnings model (9% discount rate, 0% assumed growth, capped at 4%), estimated intrinsic value is $1.11 per share versus a recent price of $8.43 — 662% above value. This is an educational estimate computed from primary SEC filings, not investment advice.
How has OIS's Moat Score changed over time?: The record logs 2 readings since Jul 17, 2026; the latest reads 19.0 out of 100 (no moat). No tier changes on record yet. The history is append-only — readings are only ever added, never rewritten.

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Scored from primary SEC filings via the public methodology. Educational only — not a recommendation to buy or sell OIS. See the disclaimer.