Evolution Drilling Tools Salary

As of June 2026, the average annual salary for employees at Evolution Drilling Tools in the United States is $72,676. This translates to an approximate hourly wage of $35. Salaries at Evolution Drilling Tools typically range from $64,016 to $82,004 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Evolution Drilling Tools Pay for Different Roles?

Explore detailed salary information for specific jobs at Evolution Drilling Tools. Based on our data, the highest paying job is the Chief Technology Officer, with an annual salary of $201,767. The table below outlines the annual salary ranges for most popular roles within the company.
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Current Job Openings at Evolution Drilling Tools

Ready for your next career move? Explore current job openings at Evolution Drilling Tools. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Evolution Drilling Tools’s Pay Competitive? Salary Benchmarking Analysis

How does Evolution Drilling Tools's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Interex Trading & Marketing $89,922
+23.7%
Reflects structural premiums typical of Interex Trading & Marketing's large-cap national operations.
Veda Farming Solutions Inc $96,683
+33.0%
Driven by niche technical certifications required for Veda Farming Solutions Inc's specialized projects.
Goleta Star LLC $96,883
+33.3%
Influenced by prevailing union wage agreements specific to Goleta Star LLC's sector.
PJL Enterprises $81,525
+12.2%
Adjusted for higher cost-of-living indices in PJL Enterprises's primary metro hubs.
MFG Durable Industry $121,746
+67.5%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Evolution Drilling Tools

Considering a career at Evolution Drilling Tools? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Continuous improvement isn't just a slogan here - worker suggestions regularly lead to meaningful enhancements. Communication is generally clear but could improve in some areas. Skilled craftsmanship results in high-quality finished goods. I’ve built great relationships and gained confidence in my role here. The culture emphasizes safety, accountability, and continuous improvement, and managers ar...
Working here has taught me discipline and consistency. Equipment is modern and well-maintained. Communication between shifts could be improved.
This company knows how to create a structured yet rewarding work environment. Most importantly, there's genuine pride throughout the organization in the quality products we produce. Things run smoothly, but new ideas are often to implement. Employees are involved in decisions, and the workplace culture promotes learning and shared responsibility at every level. Working here has provided me with a ...

Evolution Drilling Tools Overview

Website
www.evolutiondrillingtools.com
Founded In
2018
Employees
<25 employees
Industry
MFG Durable
Headquarter Address
1724 Fm 2568 Quanah Texas TX 79252
Revenue
<$5 Million
Phone Number
+1 9406635747
Social Media
About Evolution Drilling Tools
Evolution Drilling Tools, PDC Pilot Bits, HDD Tools, HDD Hole Openers, PDC Frac Plug Bits, PDC Reamers, Hole Openers, Reamers, Drill Bits, Horizontal Directional Drilling, Frac Plug Drilling

What Benefits Does Evolution Drilling Tools Offer Beyond Salary?

A competitive compensation package is more than just a salary. Evolution Drilling Tools offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Fort Worth?

Understanding the cost of living near Fort Worth is key to truly evaluating a salary offer or your current compensation at Evolution Drilling Tools.
Fort Worth's Cost of Living Index is approximately 97.3 (2.7% less expensive than US average; 4.6% more than TX average). 'Cowtown', Dallas's sister city, more affordable housing. Trinity Metro. When planning your budget based on a salary from Evolution Drilling Tools, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,100 - $1,600+ A significant portion of Evolution Drilling Tools salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $80 (Trinity Metro monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $390 - $570 Can be higher with more dining out or specialty stores.
Personal & Leisure $380 - $700+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $370 - $690+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,470 - $3,810+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Evolution Drilling Tools

1. How much does an Evolution Drilling Tools employee make?

Evolution Drilling Tools pays its employees an average of $72,676 per year. The average salary at Evolution Drilling Tools range from $64,016 to $82,004 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. Which similar company tend to pay more or less than Evolution Drilling Tools?

The salary at Evolution Drilling Tools is lesser than the similar company. The average annual salary at Evolution Drilling Tools is $72,676, or an hourly wage of $35, in comparison to Interex Trading & Marketing which pays $89,922 per year or $43 per hour.

3. How much does a Chief Technology Officer typically earn at Evolution Drilling Tools?

A Chief Technology Officer at Evolution Drilling Tools typically earns an average annual base salary of around $201,767, with a general range of $178,919 to $226,129.

4. Do employees with advanced degrees (Master's, PhD) earn more at Evolution Drilling Tools?

In many roles at Evolution Drilling Tools, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.

5. How does the cost of living near Fort Worth affect the perceived value of a Evolution Drilling Tools salary?

Fort Worth's Cost of Living Index is approximately 97.3 (2.7% less expensive than US average; 4.6% more than TX average). This significantly impacts the purchasing power of a salary from Evolution Drilling Tools based there. Our "Cost of Living Insights for Fort Worth" module details this impact, helping you assess the 'real feel' value of your compensation.

6. What kind of benefits does Evolution Drilling Tools typically offer employees?

Evolution Drilling Tools generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Evolution Drilling Tools" section on this page.