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← CockpitCompetitor Analysis › CLB Core Laboratories Inc.Open in the cockpit ↗

Core Laboratories Inc.CLBCompetitor analysis, valuation and peers

United States · USD·Energy›Oil & Gas Production
Momentum laggard 16
Mkt cap
$405M
US dollars, full cap
$/day
$6.96M
20-day average traded
Fwd P/E
13.8×
forward earnings
ROIC−WACC
-2.6 pp
WACC 9.2%
Hurdle
+9 pp
Req g minus delivered
Next earnings
89 days
3 Feb 2027
Close · USD$8.84
1D-1.0%
1W-16.9%
1M-13.0%
3M-27.7%
6M-32.7%
YTD-44.9%
1Y-43.7%
ATR %5.3%
Beta0.82
52w lowhigh56.6% off high

What Core Laboratories does

Employees: 3,300

Core Laboratories at a glance

Size Core Laboratories (CLB) is a United States Energy company (Oil & Gas Production) with a market value of $405M, the 2848th largest of 3,117 United States companies the cockpit tracks. Shares closed at $8.84 on 6 Nov 2026.

Performance Over six months the shares fell 32.7%, against +1.2% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd lowest of 20 in its peer set.

Growth Revenue fell 0.1% over the last twelve months (peer median +6.2%); the operating margin is 7.0% (peer median 14.3%).

Valuation It trades at 13.8× forward earnings against a peer median of 8.8× (6th most expensive of 19).

Price implies For today's price to make sense, revenue must grow about 11% a year for seven years (Req g). Recent delivered growth is +2%, so the hurdle is +9 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 2.6 points below its cost of capital (9.2% WACC).

Short interest Short interest is 10.7% of the free float (15 Oct 2026).

Next results Next results expected around 3 Feb 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026Peer median 101CLB 66
Six months, rebased to 100: Core Laboratories against the median of its 20 peers (local-currency closes).

Core Laboratories financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$517M$527M$524M$510M$490M
Revenue growth—+1%+3%+4%—
Gross profit$83.7M$94.3M$88.4M$94.0M$78.9M
EBITDA$51.1M$63.5M$63.6M$69.6M$58.0M
Net income$17.7M$29.7M$31.4M$36.7M$19.5M
Free cash flow$10.00M$25.8M$44.5M$14.2M$14.7M
Capital expenditure$14.4M$11.4M$11.9M$10.6M$10.2M
Total debt$162M$164M$180M$215M$222M

Quarterly statements and history in the cockpit →

Core Laboratories competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%-25%0%+25%-10%0%+10%CVVYCNEAELSDFECWTITALGSPGTEPRABHAGKPEGYGPRKVTSOBEENQGRNT300164SGYCLB6-month return →1-month return →
Up and to the right = strong over both horizons. Core Laboratories is the large dot.

Fundamentals: revenue growth against valuation

-50%-25%0%+25%+50%0×200×400×CVVYCNESNMAELSDFECWTITALGSPGTEEGYGPRKVTSCLBRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Core Laboratories is the large dot.

Capital: growth delivered against growth the price implies

0%+100%+200%0%100%200%CVVYCNEAELSDTALGTEVTSCLBGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Core Laboratories is the large dot.

Core Laboratories competitors and peer comparison

How Core Laboratories compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Core Laboratories against its 20 peers (data as of 6 Nov 2026)
MeasureCLBPeer medianRank in peer set
1-month return-13.0%-10.5%7th lowest of 21
6-month return-32.7%+1.2%3rd lowest of 20
Distance from 52-week high-56.6%-25.2%3rd lowest of 21
Revenue growth (TTM)-0.1%+6.2%8th lowest of 21
Operating margin7.0%14.3%8th lowest of 21
Forward P/E13.8×8.8×6th most expensive of 19
Growth the price implies (Req g, 7 yrs)11.0%-9.1%2nd most demanding of 12
Growth delivered (Del g)+1.6%+19.6%2nd lowest of 12
Hurdle (Req g minus delivered)+9.4 pp-22.6 pp2nd most demanding of 12
ROIC minus cost of capital-2.6 pp+0.8 pp7th lowest of 19
EV / EBITDA10.8×3.6×2nd most expensive of 18
Net debt / EBITDA2.8×1.0×most indebted of 19

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Core Laboratories CLBUnited States$405M-33%0%7%13.8×11.0%+1.6%
Cavvy Energy CVVY.TOCanada$413M+29%+43%4%8.1×11.0%-3.3%
Capricorn Energy CNE.LUnited Kingdom$397M+29%+34%42%21.4×-19.1%+218.6%
Shamaran Petroleum SNM.OLNorway$381Mn/a-5%45%7.4×n/an/a
Amplitude Energy AEL.AXAustralia$368M+8%+7%-10%8.8×-19.1%+16.8%
SandRidge Energy SDUnited States$463M-13%+30%42%5.9×-12.8%+7.0%
Frontera Energy FEC.TOCanada$344M-52%-52%-3%3.0×n/an/a
W&T Offshore WTIUnited States$479M-17%+20%5%498.4×3.9%+7.7%
PetroTal TAL.TOCanada$335M-7%-27%23%5.1×-17.3%+37.6%
Gas Plus GSP.MIItaly$335M+17%+10%23%10.7×-14.0%+19.6%
Gran Tierra Energy GTE.TOCanada$333M+11%+7%4%309.2×-0.6%+22.0%
Prabha Energy PRABHA.NSIndia$307M+23%+61%-5%n/an/an/a
Gulf Keystone Petroleum GKP.LUnited Kingdom$557M+1%+6%8%9.5×n/an/a
VAALCO Energy EGYUnited States$566M-4%-25%9%18.9×n/an/a
GeoPark GPRKUnited States$613M+1%-5%24%9.8×n/an/a
Vitesse Energy VTSUnited States$623M-17%+11%12%42.9×13.4%+21.5%
Obsidian Energy OBE.TOCanada$653M-21%-22%22%4.1×n/an/a
EnQuest ENQ.LUnited Kingdom$671M+40%+3%17%8.9×-9.1%+3.8%
Granite Ridge Resources GRNTUnited States$698M+6%+15%21%5.3×n/an/a
Tong Petrotech 300164.SZChina$705M-41%-12%-5%n/an/an/a
Surge Energy SGY.TOCanada$730M+7%+3%27%6.1×-6.3%+20.2%

Questions

Which companies are Core Laboratories's closest peers?
The cockpit's peer set: Cavvy Energy (CVVY.TO), Capricorn Energy (CNE.L), Shamaran Petroleum (SNM.OL), Amplitude Energy (AEL.AX), SandRidge Energy (SD), Frontera Energy (FEC.TO), W&T Offshore (WTI), PetroTal (TAL.TO).
Is Core Laboratories expensive compared with its peers?
On forward p/e it trades at 13.8× against a peer median of 8.8×, 6th most expensive of 19 in its peer set. For today's price to make sense, revenue must grow about 11% a year for seven years (Req g). Recent delivered growth is +2%, so the hurdle is +9 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Core Laboratories stock performed?
Over six months to 6 Nov 2026 the shares returned -32.7% against +1.2% for the median peer; over one year -43.7%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.