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Apr 29, 2026·SEC
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NCS Multistage Holdings, Inc.(NCSM)Earnings, Financials & Key Ratios
NCSM•NASDAQ
$40.06
$105M mkt cap·4.6× P/E·Price updated May 6, 2026
AboutNCS Multistage Holdings, Inc. provides engineered products and support services for oil and natural gas well completions and field development strategies in the United States, Canada, and internationally. It offers fracturing systems, which include casing-installed sliding sleeves, downhole frac isolation assemblies, sand jet perforating products, accelus sliding sleeves, injection control devices, repeat precision products, chemical and radioactive tracer diagnostics, and well construction products. The company also provides tracer diagnostics services for well completion and reservoir characterization that utilize downhole chemical and radioactive tracers. It offers its products and services primarily to exploration and production companies for use in onshore wells through technically-trained direct sales force, and operating partners or sales representatives. The company was formerly known as Pioneer Super Holdings, Inc. and changed its name to NCS Multistage Holdings, Inc. in December 2016. NCS Multistage Holdings, Inc. was founded in 2006 and is headquartered in Houston, Texas.Show more
- Revenue$185M+13.6%
- EBITDA$18M+83.4%
- Net Income$24M+260.2%
- EPS (Diluted)8.65+239.2%
- Gross Margin38.24%
- EBITDA Margin9.57%+61.4%
- Operating Margin6.39%+140.1%
- Net Margin12.86%+217.0%
- ROE18.32%+213.4%
- ROIC7.89%+156.8%
- Debt/Equity0.09-28.2%
- Interest Coverage47.01+124.5%
NCSM Key Insights
NCS Multistage Holdings, Inc. (NCSM) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓Momentum leader: RS Rating 81 (top 19%)
- ✓Strong 5Y sales CAGR of 11.5%
- ✓Trading at only 0.8x book value
- ✓Efficient asset utilization: 1.0x turnover
✗Weaknesses
- ✗Thin 5Y average net margin of 2.0%
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
NCSM Price & Volume
NCS Multistage Holdings, Inc. (NCSM) stock price & volume — 10-year historical chart
Loading chart...
NCSM Growth Metrics
NCS Multistage Holdings, Inc. (NCSM) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years4.94%
5 Years11.54%
3 Years5.88%
TTM6.46%
Profit CAGR
10 Years-1.64%
5 Years-
3 Years-
TTM125.21%
EPS CAGR
10 Years-2.94%
5 Years-
3 Years-
TTM114.6%
Return on Capital
10 Years-11.95%
5 Years0.26%
3 Years2.44%
Last Year8.43%
NCSM Recent Earnings
NCS Multistage Holdings, Inc. (NCSM) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (73%)●Beat Revenue 8/12 qtrs (73%)
Q2 2026Latest
Apr 29, 2026EPS
$0.14
Est $1.33
-110.5%
Revenue
$46M
Est $51M
-10.9%
Q2 2026
Mar 4, 2026EPS
$1.60
Est $0.70
+128.6%
Revenue
$51M
Est $44M
+14.3%
Q4 2025
Oct 29, 2025EPS
$1.37
Est $1.17
+17.1%
Revenue
$47M
Est $44M
+6.7%
Q3 2025
Jul 31, 2025EPS
$0.34
Est $1.46
+123.3%
Revenue
$36M
Est $28M
+32.1%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 29, 2026 | $0.14vs $1.33-110.5% | $46Mvs $51M-10.9% |
| Q2 2026 | Mar 4, 2026 | $1.60vs $0.70+128.6% | $51Mvs $44M+14.3% |
| Q4 2025 | Oct 29, 2025 | $1.37vs $1.17+17.1% | $47Mvs $44M+6.7% |
| Q3 2025 | Jul 31, 2025 | $0.34vs $1.46+123.3% | $36Mvs $28M+32.1% |
Based on last 12 quarters of dataView full earnings history →
NCSM Peer Comparison
NCS Multistage Holdings, Inc. (NCSM) competitors in Completions and Stimulation Services — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 NINE | 429.28M | 9.90 | -7.92 | -100% | -7.17% | |||
 PUMP | 1.93B | 15.77 | 2021.79 | -12.13% | -1.05% | -1.43% | 0.30 | |
 WTTR | 1.78B | 17.45 | 87.25 | -3.08% | 1.54% | 2.21% | 0.40 | |
 ACDC | 1.29B | 7.13 | -3.10 | -11.37% | -18.89% | -38.16% | 1.30 | |
 KLXE | 61.18M | 3.43 | -0.83 | -10.25% | -12.11% | |||
 BKR | 66.1B | 66.65 | 25.64 | -0.34% | 11.17% | 16.13% | 0.38 | |
 HAL | 33.74B | 40.40 | 26.93 | -3.31% | 6.95% | 14.59% | 0.77 | |
 SLB | 82.8B | 55.16 | 23.47 | -1.6% | 9.38% | 13.88% | 0.45 |
Compare NCSM vs Peers
NCS Multistage Holdings, Inc. (NCSM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NCSM Income Statement
NCS Multistage Holdings, Inc. (NCSM) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 201.63M | 226.96M | 205.49M | 106.98M | 118.5M | 155.63M | 142.47M | 162.56M | 184.73M | 179.61M |
| Revenue Growth % | 104.75% | 12.56% | -9.46% | -47.94% | 10.77% | 31.33% | -8.46% | 14.1% | 13.64% | 6.46% |
| Cost of Goods Sold | 126.44M | 126.14M | 118.47M | 68.8M | 74.53M | 99.55M | 91.48M | 100.41M | 114.09M | 113.63M |
| COGS % of Revenue | 62.71% | 55.58% | 57.65% | 64.31% | 62.89% | 63.96% | 64.21% | 61.77% | 61.76% | - |
| Gross Profit | 75.19M▲ 0% | 100.82M▲ 34.1% | 87.02M▼ 13.7% | 38.18M▼ 56.1% | 43.97M▲ 15.2% | 56.09M▲ 27.5% | 50.99M▼ 9.1% | 62.15M▲ 21.9% | 70.64M▲ 13.7% | 65.98M▲ 0% |
| Gross Margin % | 37.29% | 44.42% | 42.35% | 35.69% | 37.11% | 36.04% | 35.79% | 38.23% | 38.24% | 36.74% |
| Gross Profit Growth % | 294.1% | 34.09% | -13.69% | -56.13% | 15.18% | 27.54% | -9.09% | 21.88% | 13.68% | - |
| Operating Expenses | 64.71M | 82.81M | 96.51M | 109.62M | 49.09M | 58.34M | 56.52M | 57.82M | 58.84M | 56.64M |
| OpEx % of Revenue | 32.09% | 36.49% | 46.97% | 102.47% | 41.43% | 37.48% | 39.67% | 35.57% | 31.85% | - |
| Selling, General & Admin | 64.71M | 82.81M | 88.55M | 59.42M | 49.09M | 58.34M | 54.02M | 57.82M | 56.84M | 58.38M |
| SG&A % of Revenue | 32.09% | 36.49% | 43.1% | 55.55% | 41.43% | 37.48% | 37.92% | 35.57% | 30.77% | - |
| Research & Development | 3M | 3.8M | 0 | 0 | 2.1M | 2.7M | 2.5M | 2M | 2M | 0 |
| R&D % of Revenue | 1.49% | 1.67% | - | - | 1.77% | 1.73% | 1.75% | 1.23% | 1.08% | - |
| Other Operating Expenses | 1.08M | 182K | 7.96M | 50.19M | -2.1M | -2.7M | 0 | -2M | 0 | -1000K |
| Operating Income | 4.96M▲ 0% | -206.66M▼ 4267.5% | -9.49M▲ 95.4% | -71.44M▼ 652.7% | -5.12M▲ 92.8% | -2.25M▲ 56.0% | -5.53M▼ 145.5% | 4.33M▲ 178.2% | 11.8M▲ 172.8% | 9.34M▲ 0% |
| Operating Margin % | 2.46% | -91.06% | -4.62% | -66.78% | -4.32% | -1.45% | -3.88% | 2.66% | 6.39% | 5.2% |
| Operating Income Growth % | 127.58% | -4267.45% | 95.41% | -652.71% | 92.83% | 56% | -145.49% | 178.2% | 172.81% | - |
| EBITDA | 32.61M | -188.83M | 945K | -65.55M | -619K | 2.07M | -915K | 9.64M | 17.68M | 15.45M |
| EBITDA Margin % | 16.17% | -83.2% | 0.46% | -61.27% | -0.52% | 1.33% | -0.64% | 5.93% | 9.57% | 8.6% |
| EBITDA Growth % | 329.93% | -679.05% | 100.5% | -7036.4% | 99.06% | 433.76% | -144.29% | 1153.66% | 83.43% | 33.67% |
| D&A (Non-Cash Add-back) | 27.65M | 17.84M | 10.44M | 5.89M | 4.5M | 4.32M | 4.62M | 5.32M | 5.88M | 6.11M |
| EBIT | 11.48M | -206.32M | -10.14M | -45.09M | -2.78M | 414K | -2.76M | 8.67M | 11.8M | 12.84M |
| Net Interest Income | -4.31M | -1.96M | -1.93M | -1.8M | -733K | -1.01M | -586K | -414K | -251K | -455K |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 4.31M | 1.96M | 1.93M | 1.8M | 733K | 1.01M | 586K | 414K | 251K | 455K |
| Other Income/Expense | -3M | -1.62M | -2.58M | 24.55M | 1.6M | 1.65M | 2.19M | 3.93M | 5.02M | 4.92M |
| Pretax Income | 1.96M▲ 0% | -208.28M▼ 10715.9% | -12.07M▲ 94.2% | -46.89M▼ 288.6% | -3.52M▲ 92.5% | -601K▲ 82.9% | -3.34M▼ 456.2% | 8.25M▲ 346.9% | 16.82M▲ 103.8% | 14.27M▲ 0% |
| Pretax Margin % | 0.97% | -91.77% | -5.87% | -43.83% | -2.97% | -0.39% | -2.35% | 5.08% | 9.11% | 7.94% |
| Income Tax | 670K | -23.05M | 10.75M | -7.78M | 263K | 351K | -232K | 116K | -9.22M | -9.06M |
| Effective Tax Rate % | 34.15% | 11.07% | -89.11% | 16.6% | -7.48% | -58.4% | 6.94% | 1.41% | -54.8% | -63.47% |
| Net Income | 2.1M▲ 0% | -190.32M▼ 9154.1% | -32.82M▲ 82.8% | -57.6M▼ 75.5% | -4.73M▲ 91.8% | -1.1M▲ 76.7% | -3.15M▼ 186.1% | 6.59M▲ 309.1% | 23.75M▲ 260.2% | 19.32M▲ 0% |
| Net Margin % | 1.04% | -83.85% | -15.97% | -53.84% | -3.99% | -0.71% | -2.21% | 4.06% | 12.86% | 10.76% |
| Net Income Growth % | 111.73% | -9154.09% | 82.75% | -75.48% | 91.78% | 76.72% | -186.12% | 309.1% | 260.2% | 125.21% |
| Net Income (Continuing) | 1.29M | -185.23M | -22.82M | -39.11M | -3.78M | -952K | -3.11M | 8.14M | 26.04M | 23.32M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 12.14M | 14.93M | 18.93M | 19.88M | 18.08M | 18.23M | 17.77M | 17.27M | 16.86M | 18.97M |
| EPS (Diluted) | 1.00▲ 0% | -84.99▼ 8599.0% | -9.78▲ 88.5% | -24.37▼ 149.2% | -1.98▲ 91.9% | -0.45▲ 77.3% | -1.27▼ 182.2% | 2.55▲ 300.8% | 8.65▲ 239.2% | 7.35▲ 0% |
| EPS Growth % | 112.64% | -8599% | 88.49% | -149.18% | 91.88% | 77.27% | -182.22% | 300.79% | 239.22% | 114.6% |
| EPS (Basic) | 1.00 | -85.00 | -9.78 | -24.37 | -1.98 | -0.45 | -1.27 | 2.60 | 9.17 | - |
| Diluted Shares Outstanding | 2.18M | 2.24M | 2.33M | 2.36M | 2.4M | 2.43M | 2.47M | 2.59M | 2.75M | 2.63M |
| Basic Shares Outstanding | 2.02M | 2.24M | 2.33M | 2.36M | 2.4M | 2.43M | 2.47M | 2.54M | 2.59M | 2.63M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
NCSM Balance Sheet
NCS Multistage Holdings, Inc. (NCSM) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 117.81M | 114.59M | 100.6M | 83.67M | 88.49M | 87.66M | 103.22M | 105.57M | 121.92M | 116.99M |
| Cash & Short-Term Investments | 33.81M | 25.13M | 11.24M | 15.54M | 22.17M | 16.23M | 16.72M | 25.88M | 36.73M | 34.46M |
| Cash Only | 33.81M | 25.13M | 11.24M | 15.54M | 22.17M | 16.23M | 16.72M | 25.88M | 36.73M | 34.46M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 49.25M | 54.67M | 46.99M | 30.28M | 29.12M | 31.57M | 43.02M | 36.66M | 44.15M | 40.06M |
| Days Sales Outstanding | 89.15 | 87.92 | 83.46 | 103.32 | 89.69 | 74.05 | 110.22 | 82.31 | 87.24 | 82.84 |
| Inventory | 33.13M | 32.75M | 39.92M | 34.87M | 33.92M | 37.04M | 41.61M | 40.97M | 39.01M | 40.78M |
| Days Inventory Outstanding | 95.65 | 94.77 | 123 | 185 | 166.11 | 135.82 | 166.02 | 148.93 | 124.81 | 134.43 |
| Other Current Assets | 1.62M | 2.04M | 0 | 2.98M | 0 | 2.81M | 1.86M | 2.06M | 2.03M | 1.7M |
| Total Non-Current Assets | 346.1M | 115.11M | 101.98M | 55M | 53.83M | 50.94M | 48.81M | 47.24M | 59.28M | 57.59M |
| Property, Plant & Equipment | 23.65M | 32.3M | 32.97M | 29.61M | 29.52M | 27.83M | 28.18M | 27.19M | 24.67M | 23.74M |
| Fixed Asset Turnover | 8.53x | 7.03x | 6.23x | 3.61x | 4.01x | 5.59x | 5.06x | 5.98x | 7.49x | 7.22x |
| Goodwill | 184.48M | 23.11M | 15.22M | 15.22M | 15.22M | 15.22M | 15.22M | 15.22M | 16.39M | 16.39M |
| Intangible Assets | 136.41M | 48.98M | 45.25M | 6.41M | 5.74M | 5.08M | 4.41M | 3.69M | 5.99M | 5.69M |
| Long-Term Investments | -24.18M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 1.56M | 1.39M | 8.53M | 3.56M | 3.11M | 2.76M | 937K | 712K | 586K | 2.32M |
| Total Assets | 463.91M▲ 0% | 229.7M▼ 50.5% | 202.58M▼ 11.8% | 138.68M▼ 31.5% | 142.32M▲ 2.6% | 138.6M▼ 2.6% | 152.03M▲ 9.7% | 152.81M▲ 0.5% | 181.2M▲ 18.6% | 174.58M▲ 0% |
| Asset Turnover | 0.43x | 0.99x | 1.01x | 0.77x | 0.83x | 1.12x | 0.94x | 1.06x | 1.02x | 1.06x |
| Asset Growth % | 41.94% | -50.49% | -11.81% | -31.54% | 2.63% | -2.62% | 9.69% | 0.51% | 18.58% | 55.57% |
| Total Current Liabilities | 31.47M | 25.63M | 19.78M | 14.88M | 19.82M | 17.69M | 32.06M | 25.42M | 28.53M | 21.88M |
| Accounts Payable | 7.45M | 7.17M | 8.55M | 4.94M | 7.5M | 7.55M | 6.23M | 8.97M | 8.52M | 10.57M |
| Days Payables Outstanding | 21.5 | 20.74 | 26.34 | 26.22 | 36.74 | 27.68 | 24.84 | 32.61 | 27.25 | 29.72 |
| Short-Term Debt | 5.33M | 2.24M | 1.48M | 3.17M | 1.48M | 1.49M | 0 | 0 | 3.97M | 3.83M |
| Deferred Revenue (Current) | 17.23M | 608K | 5.33M | 0 | 0 | 46K | 0 | 0 | 0 | 57K |
| Other Current Liabilities | 3.18M | 13.41M | -194K | 5.12M | 2.66M | 4.11M | 3.81M | 3.67M | 14.89M | 7.49M |
| Current Ratio | 3.74x | 4.47x | 5.09x | 5.62x | 4.47x | 4.95x | 3.22x | 4.15x | 4.27x | 4.27x |
| Quick Ratio | 2.69x | 3.19x | 3.07x | 3.28x | 2.75x | 2.86x | 1.92x | 2.54x | 2.91x | 2.91x |
| Cash Conversion Cycle | 163.3 | 161.95 | 180.12 | 262.1 | 219.05 | 182.18 | 251.4 | 198.63 | 184.8 | 187.56 |
| Total Non-Current Liabilities | 63.45M | 27.84M | 19.25M | 10.31M | 11.84M | 11.64M | 10.58M | 11.28M | 9.57M | 8.9M |
| Long-Term Debt | 20.56M | 23.45M | 11.44M | 0 | 6.33M | 56K | 0 | 0 | 0 | 3.38M |
| Capital Lease Obligations | 1.14M | 1.51M | 3.49M | 8.43M | 3.78M | 10.06M | 10.12M | 10.89M | 8.97M | 9.8M |
| Deferred Tax Liabilities | 24.18M | 3.13M | 2.96M | 13K | 114K | 199K | 249K | 186K | 398K | 1.16M |
| Other Non-Current Liabilities | 17.35M | -253K | 1.37M | 1.86M | 1.61M | 1.33M | 213K | 206K | 202K | 16.09M |
| Total Liabilities | 94.92M | 53.47M | 39.03M | 25.19M | 31.66M | 29.34M | 42.64M | 36.7M | 38.1M | 30.78M |
| Total Debt | 27.04M | 25.69M | 18.46M | 11.6M | 13.15M | 12.88M | 13.51M | 14.63M | 12.95M | 7.21M |
| Net Debt | -6.77M | 560K | 7.21M | -3.94M | -9.02M | -3.35M | -3.21M | -11.24M | -23.78M | -27.25M |
| Debt / Equity | 0.07x | 0.15x | 0.11x | 0.10x | 0.12x | 0.12x | 0.12x | 0.13x | 0.09x | 0.09x |
| Debt / EBITDA | 0.83x | - | 19.53x | - | - | 6.23x | - | 1.52x | 0.73x | 0.47x |
| Net Debt / EBITDA | -0.21x | - | 7.63x | - | - | -1.62x | - | -1.17x | -1.34x | -1.34x |
| Interest Coverage | 2.67x | -105.10x | -5.27x | -25.11x | -3.80x | 0.41x | -4.70x | 20.94x | 47.01x | 28.21x |
| Total Equity | 368.99M▲ 0% | 176.23M▼ 52.2% | 163.54M▼ 7.2% | 113.49M▼ 30.6% | 110.67M▼ 2.5% | 109.26M▼ 1.3% | 109.39M▲ 0.1% | 116.11M▲ 6.1% | 143.1M▲ 23.2% | 143.8M▲ 0% |
| Equity Growth % | 107.91% | -52.24% | -7.2% | -30.61% | -2.48% | -1.27% | 0.12% | 6.14% | 23.24% | 67.35% |
| Book Value per Share | 169.33 | 78.70 | 70.13 | 48.01 | 46.19 | 44.93 | 44.23 | 44.83 | 52.11 | 54.70 |
| Total Shareholders' Equity | 356.85M | 161.3M | 144.61M | 93.61M | 92.58M | 91.03M | 91.62M | 98.84M | 126.24M | 124.83M |
| Common Stock | 439K | 451K | 469K | 24K | 24K | 24K | 25K | 26K | 26K | 27K |
| Retained Earnings | 23.86M | -166.21M | -199.03M | -256.63M | -261.36M | -262.46M | -265.62M | -259.02M | -235.28M | -235.65M |
| Treasury Stock | -175K | -337K | -652K | -809K | -1.01M | -1.39M | -1.68M | -1.94M | -2.27M | 0 |
| Accumulated OCI | -66.71M | -84.03M | -80.81M | -81.78M | -82.09M | -85.62M | -85.75M | -87.6M | -86.13M | -86.58M |
| Minority Interest | 12.14M | 14.93M | 18.93M | 19.88M | 18.08M | 18.23M | 17.77M | 17.27M | 16.86M | 18.97M |
NCSM Cash Flow Statement
NCS Multistage Holdings, Inc. (NCSM) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 16.11M | 14.03M | 17.95M | 35.12M | 11.58M | -1.42M | 4.77M | 12.72M | 22.18M | 22.18M |
| Operating CF Margin % | 7.99% | 6.18% | 8.73% | 32.83% | 9.77% | -0.91% | 3.35% | 7.83% | 12% | - |
| Operating CF Growth % | 50.82% | -12.96% | 27.97% | 95.65% | -67.02% | -112.29% | 435.49% | 166.55% | 74.26% | 615.46% |
| Net Income | 1.29M | -185.23M | -22.82M | -39.11M | -3.78M | -952K | -3.11M | 8.14M | 23.75M | 19.32M |
| Depreciation & Amortization | 27.65M | 17.84M | 10.44M | 5.89M | 4.5M | 4.32M | 4.62M | 5.32M | 5.88M | 6.11M |
| Stock-Based Compensation | 6.11M | 10.93M | 12.54M | 8.48M | 6.62M | 6.04M | 5.37M | 5.21M | 6.21M | 5.99M |
| Deferred Taxes | -18.96M | -28.84M | 9M | -3.2M | 96K | 266K | 152K | -380K | -10.96M | -10.59M |
| Other Non-Cash Items | 5.6M | 227.06M | 9.31M | 49.07M | 1.81M | 3.14M | 1.92M | 3.31M | 1.3M | -3.82M |
| Working Capital Changes | -5.58M | -27.73M | -520K | 13.98M | 2.33M | -14.23M | -4.17M | -8.87M | -4M | 4.09M |
| Change in Receivables | -9.49M | -4.21M | 4.74M | 19.25M | -2.56M | -4.86M | 3.86M | -9.15M | -5.5M | 6M |
| Change in Inventory | -10.61M | -2.95M | -7.64M | 3.24M | -939K | -7.68M | -5.76M | -2.81M | 2.21M | 10K |
| Change in Payables | -3.75M | 219K | 2.58M | -3.17M | 2.84M | 1.22M | -1.2M | 2.71M | 427K | -1.35M |
| Cash from Investing | -85.22M | -15.41M | -5M | -1.06M | -444K | -698K | -1.68M | 479K | -6.29M | -6.4M |
| Capital Expenditures | -5.42M | -15.81M | -6.37M | -2.15M | -833K | -1.13M | -1.88M | -1.31M | -1.2M | -1.33M |
| CapEx % of Revenue | 2.69% | 6.97% | 3.1% | 2.01% | 0.7% | 0.73% | 1.32% | 0.81% | 0.65% | - |
| Acquisitions | -81.16M | 399K | 1.37M | 1.09M | 389K | 433K | 0 | 0 | -5.76M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 1.35M | 399K | 0 | 0 | 0 | 0 | 199K | 1.79M | 666K | -5.07M |
| Cash from Financing | 84.03M | -5.13M | -27.3M | -29.77M | -4.26M | -2.74M | -2.44M | -4.27M | -5.3M | -7.45M |
| Debt Issued (Net) | -64.94M | -3.75M | -14.19M | -11.51M | -1.32M | -1.41M | -1.65M | -1.95M | -2.28M | -1.75M |
| Equity Issued (Net) | 151.36M | -162K | -315K | -157K | -197K | -383K | -287K | -267K | -326K | -58K |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | -162K | -315K | -157K | -197K | -383K | -287K | -267K | -326K | -58K |
| Other Financing | -2.39M | -1.22M | -12.8M | -18.1M | -2.75M | -952K | -500K | -2.05M | -2.7M | -5.64M |
| Net Change in Cash | 15.53M▲ 0% | -8.68M▼ 155.9% | -13.89M▼ 60.0% | 4.3M▲ 131.0% | 6.62M▲ 54.0% | -5.93M▼ 189.6% | 486K▲ 108.2% | 9.16M▲ 1784.8% | 10.85M▲ 18.4% | 11.46M▲ 0% |
| Free Cash Flow | 10.69M▲ 0% | -1.78M▼ 116.7% | 11.57M▲ 749.2% | 32.96M▲ 184.8% | 10.75M▼ 67.4% | -2.55M▼ 123.8% | 2.58M▲ 201.1% | 11.42M▲ 342.1% | 20.97M▲ 83.7% | 23.71M▲ 0% |
| FCF Margin % | 5.3% | -0.79% | 5.63% | 30.81% | 9.07% | -1.64% | 1.81% | 7.02% | 11.35% | 13.2% |
| FCF Growth % | 12.25% | -116.67% | 749.19% | 184.79% | -67.39% | -123.76% | 201.1% | 342.14% | 83.72% | 107.46% |
| FCF per Share | 4.91 | -0.80 | 4.96 | 13.94 | 4.49 | -1.05 | 1.04 | 4.41 | 7.64 | 7.64 |
| FCF Conversion (FCF/Net Income) | 7.67x | -0.07x | -0.55x | -0.61x | -2.45x | 1.29x | -1.51x | 1.93x | 0.93x | 1.23x |
| Interest Paid | 3.02M | 1.37M | 1.07M | 0 | 0 | 0 | 377K | 173K | 0 | 0 |
| Taxes Paid | 4.03M | 22.36M | 122K | 0 | 0 | 0 | 0 | 431K | 0 | 0 |
NCSM Key Ratios
NCS Multistage Holdings, Inc. (NCSM) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 0.77% | -69.81% | -19.32% | -41.58% | -4.22% | -1% | -2.88% | 5.85% | 18.32% | 14.37% |
| Return on Invested Capital (ROIC) | 1.22% | -57.51% | -4.1% | -38.23% | -3.64% | -1.63% | -3.91% | 3.07% | 7.89% | 7.89% |
| Gross Margin | 37.29% | 44.42% | 42.35% | 35.69% | 37.11% | 36.04% | 35.79% | 38.23% | 38.24% | 36.74% |
| Net Margin | 1.04% | -83.85% | -15.97% | -53.84% | -3.99% | -0.71% | -2.21% | 4.06% | 12.86% | 10.76% |
| Debt / Equity | 0.07x | 0.15x | 0.11x | 0.10x | 0.12x | 0.12x | 0.12x | 0.13x | 0.09x | 0.09x |
| Interest Coverage | 2.67x | -105.10x | -5.27x | -25.11x | -3.80x | 0.41x | -4.70x | 20.94x | 47.01x | 28.21x |
| FCF Conversion | 7.67x | -0.07x | -0.55x | -0.61x | -2.45x | 1.29x | -1.51x | 1.93x | 0.93x | 1.23x |
| Revenue Growth | 104.75% | 12.56% | -9.46% | -47.94% | 10.77% | 31.33% | -8.46% | 14.1% | 13.64% | 6.46% |
NCSM SEC Filings & Documents
NCS Multistage Holdings, Inc. (NCSM) SEC filings — annual & quarterly reports (10-K, 10-Q)
NCSM Frequently Asked Questions
NCS Multistage Holdings, Inc. (NCSM) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
NCS Multistage Holdings, Inc. (NCSM) reported $179.6M in revenue for fiscal year 2025. This represents a 58% increase from $114.0M in 2015.
NCS Multistage Holdings, Inc. (NCSM) grew revenue by 13.6% over the past year. This is steady growth.
Yes, NCS Multistage Holdings, Inc. (NCSM) is profitable, generating $19.3M in net income for fiscal year 2025 (12.9% net margin).
Dividend & Returns
NCS Multistage Holdings, Inc. (NCSM) has a return on equity (ROE) of 18.3%. This is reasonable for most industries.
NCS Multistage Holdings, Inc. (NCSM) generated $23.7M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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