Last 41 quarters of trend data · Energy · Oil & Gas Equipment & Services
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
EV/EBITDA has expanded 115.5% YoY to 8.1x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 5.72 | — | 1.85 | 9.32 | 21.71 | 5.79 | 4.92 | 3.08 | — | 4.89 | 0.28 | 2.28 | — |
| — | — | -62.4% | +202.4% | — | +18.5% | +1640.8% | +35.1% | — | — | -96.3% | -33.7% | — | |
| P/S Ratio | 0.70 | 0.89 | 0.54 | 0.75 | 0.55 | 0.47 | 0.38 | 0.29 | 0.36 | 0.23 | 0.32 | 0.26 | 0.41 |
| — | +89.5% | +43.1% | +158.2% | +52.1% | +102.5% | +19.3% | +10.4% | -13.1% | -30.4% | -16.7% | -5.2% | -39.8% | |
| P/B Ratio | 0.95 | 1.13 | 0.77 | 1.10 | 0.64 | 0.78 | 0.59 | 0.45 | 0.39 | 0.37 | 0.41 | 0.59 | 0.66 |
| — | +45.4% | +31.6% | +145.1% | +64.3% | +113.0% | +43.5% | -23.6% | -40.2% | -40.4% | -27.0% | +14.0% | -9.8% | |
| P/FCF | 6.19 | 58.99 | 2.14 | 5.07 | 6.16 | — | 1.64 | — | 1.91 | — | 1.87 | — | — |
| — | — | +30.9% | — | +223.1% | — | -12.3% | — | — | — | -10.7% | — | — | |
| EV / EBITDA | 5.99 | 8.09 | 2.79 | 6.64 | — | 3.75 | 3.27 | 2.75 | — | 2.71 | — | 3.51 | — |
| — | +115.5% | -14.5% | +141.4% | — | +38.6% | — | -21.8% | — | -55.0% | — | +25.4% | — | |
| EV / EBIT | 8.98 | 13.07 | 3.56 | 8.05 | 23.79 | 4.11 | 4.44 | 2.53 | — | 3.22 | 0.26 | 5.71 | — |
| — | +218.1% | -19.8% | +218.3% | — | +27.4% | +1612.1% | -55.7% | — | — | -93.8% | +61.7% | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
NCS Multistage Holdings, Inc.'s operating margin was 5.7% in Q1 2026, down 5.5 pp QoQ and down 2.9 pp YoY. The trailing four-quarter average of 4.5% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin contracted 11.3% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 38.2% | 36.3% | 39.1% | 38.4% | 31.8% | 41.0% | 39.9% | 39.0% | 35.9% | 37.2% | 33.1% | 38.0% | 28.9% |
| — | -11.3% | -2.1% | -1.6% | -11.5% | +10.0% | +20.6% | +2.7% | +24.2% | -7.0% | -11.3% | -4.4% | +1.4% | |
| Operating Margin | 6.4% | 5.7% | 11.2% | 6.6% | -5.6% | 8.6% | 6.5% | 6.9% | -14.0% | 5.7% | -4.4% | 4.9% | -28.1% |
| — | -33.9% | +72.0% | -4.6% | +60.2% | +50.4% | +247.9% | +41.0% | +50.2% | +94.0% | -197.8% | -40.9% | -30.5% | |
| Net Margin | 12.9% | -0.8% | 29.3% | 8.2% | 2.5% | 8.1% | 7.7% | 9.4% | -10.4% | 4.7% | 112.5% | 11.5% | -126.9% |
| — | -110.0% | +280.5% | -13.2% | +124.3% | +71.9% | -93.1% | -18.2% | +91.8% | +113.7% | +2183.6% | +43.0% | -536.1% |
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 18.3% | -0.3% | 11.1% | 3.0% | 0.8% | 3.4% | 3.0% | 3.7% | -2.8% | 1.9% | 44.5% | 6.6% | -40.5% |
| — | -107.6% | +267.2% | -18.4% | +126.9% | +82.7% | -93.2% | -44.0% | +93.1% | +112.8% | +2314.8% | +76.5% | -690.8% | |
| ROA | 14.2% | -0.2% | 8.7% | 2.4% | 0.6% | 2.6% | 2.3% | 2.9% | -2.2% | 1.4% | 27.0% | 3.2% | -23.1% |
| — | -107.9% | +275.0% | -18.2% | +126.7% | +86.4% | -91.4% | -7.9% | +90.4% | +113.2% | +1780.3% | +8.3% | -471.5% | |
| ROIC | 7.9% | 1.7% | 3.8% | 2.1% | -1.3% | 3.0% | 2.0% | 2.1% | -2.9% | 1.7% | -1.3% | 2.1% | -6.7% |
| — | -43.3% | +88.1% | -3.0% | +53.4% | +72.1% | +255.0% | +2.9% | +56.8% | +79.8% | -203.6% | -28.5% | -59.6% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
NCS Multistage Holdings, Inc.'s Debt/EBITDA ratio is 1.7x, up from 1.1x last quarter — comfortably within a safe range. The current ratio has improved 17.0% YoY to 5.35x, strengthening the short-term liquidity position. Debt/Equity has declined for 4 consecutive quarters, reflecting a deleveraging trend.
| Metric | TTM | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.09 | 0.05 | 0.05 | 0.06 | 0.12 | 0.12 | 0.13 | 0.11 | 0.12 | 0.12 | 0.12 | 0.20 | 0.23 |
| — | -56.6% | -57.4% | -42.8% | +1.1% | -6.7% | +2.0% | -45.7% | -47.2% | -10.1% | +4.8% | +66.3% | +79.8% | |
| Debt / EBITDA | 0.73 | 1.72 | 1.05 | 1.75 | — | 2.47 | 3.36 | 2.87 | — | 3.69 | — | 4.60 | — |
| — | -30.1% | -68.6% | -39.1% | — | -33.2% | — | -37.5% | — | -32.5% | — | +81.5% | — | |
| Current Ratio | 4.27 | 5.35 | 4.27 | 4.39 | 4.66 | 4.57 | 4.15 | 4.50 | 4.61 | 4.84 | 3.22 | 4.54 | 4.69 |
| — | +17.0% | +2.9% | -2.4% | +1.2% | -5.6% | +29.0% | -1.0% | -1.7% | -6.1% | -35.0% | +6.6% | +0.4% | |
| Quick Ratio | 2.91 | 3.48 | 2.91 | 2.65 | 2.83 | 2.86 | 2.54 | 2.63 | 2.52 | 2.80 | 1.92 | 2.42 | 2.34 |
| — | +21.7% | +14.4% | +0.6% | +12.3% | +2.3% | +32.2% | +8.8% | +7.9% | -2.2% | -32.8% | -5.3% | -6.8% | |
| Interest Coverage | 47.01 | 99.58 | 136.21 | 11.89 | 10.79 | 123.07 | 35.22 | 44.23 | -21.34 | 31.40 | 288.08 | 69.41 | -144.62 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 41 years · Updated daily
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Quick answers to the most common questions about buying NCSM stock.
NCS Multistage Holdings, Inc.'s current P/E is 5.7x. The average P/E over the last 3 quarters is 11.0x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
NCS Multistage Holdings, Inc.'s current operating margin is 6.4%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking NCS Multistage Holdings, Inc.'s business trajectory between earnings reports.