NCSM

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NCS Multistage Holdings, Inc.

Cyclical demand Physical products Sells to businessesTags from an AI model reading the company description.

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Key Metrics

Previous Close: $53.35
52-Week Range: $34.06 – $87.36
Market Cap: $140.02M
P/E (TTM): 10.80
EPS (TTM): 4.94
Dividend Yield: —

Advanced Metrics

Price/Book: 1.16
PEG Ratio: —
Return on Equity: 14.04%
Return on Assets: 1.37%
Gross Margin: 40.12%
Operating Margin: -14.60%
Profit Margin: 7.61%
Current Ratio: 4.27
Debt/Equity: 0.09
Total Debt: $12.78M
Free Cash Flow: $15.58M
Revenue Growth: 5.20%
Earnings Growth: —
Enterprise Value: $142.02M

NCSM Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$155.63M	$142.47M	$162.56M	$183.63M
Cost of Revenue	$99.55M	$91.48M	$100.41M	$114.09M
Gross Profit	$56.09M	$50.99M	$62.15M	$69.54M
Selling, General & Admin	$58.34M	$56.52M	$57.82M	$58.84M
Operating Expenses	$58.34M	$56.52M	$57.82M	$58.84M
Operating Income	-$2.25M	-$5.53M	$4.33M	$10.70M
EBITDA	$4.73M	$1.86M	$13.98M	$22.96M
Pretax Income	-$601.00K	-$3.34M	$8.25M	$16.82M
Income Tax	$351.00K	-$232.00K	$116.00K	-$9.22M
Net Income	-$1.10M	-$3.15M	$6.59M	$23.75M
Diluted EPS	-0.45	-1.27	2.55	8.65
Diluted Shares	2.43M	2.47M	2.59M	2.75M

NCSM Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$16.23M	$16.72M	$25.88M	$36.73M
Receivables	$31.57M	$43.02M	$36.66M	$44.15M
Inventory	$37.04M	$41.61M	$40.97M	$39.01M
Current Assets	$87.66M	$103.22M	$105.57M	$121.92M
Total Assets	$138.60M	$152.03M	$152.81M	$181.20M
Current Liabilities	$17.69M	$32.06M	$25.42M	$28.53M
Long-Term Debt	$6.44M	—	—	—
Total Debt	$12.88M	$13.51M	$14.63M	$12.95M
Total Liabilities	$29.34M	$42.64M	$36.70M	$38.10M
Retained Earnings	-$262.46M	-$265.62M	-$259.02M	-$235.28M
Shareholders' Equity	$91.03M	$91.62M	$98.84M	$126.24M
Working Capital	$69.97M	$71.16M	$80.15M	$93.39M

NCSM Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	-$1.42M	$4.77M	$12.72M	$22.18M
Capital Expenditure	-$1.13M	-$2.19M	-$1.38M	-$1.31M
Free Cash Flow	-$2.55M	$2.58M	$11.35M	$20.87M
Depreciation & Amortisation	$4.32M	$4.62M	$5.32M	$5.88M
Stock-Based Compensation	$6.04M	$5.37M	$5.21M	$6.21M
Investing Cash Flow	-$698.00K	-$1.68M	$479.00K	-$6.29M
Financing Cash Flow	-$2.74M	-$2.44M	-$4.27M	-$5.30M
Share Repurchases	-$383.00K	-$287.00K	-$267.00K	-$326.00K
Net Change in Cash	-$4.86M	$650.00K	$8.94M	$10.58M

NCSM Income statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$50.01M	$36.45M	$46.54M	$50.63M	$45.64M	$38.36M
Cost of Revenue	$29.52M	$24.86M	$28.66M	$31.05M	$29.06M	$26.01M
Gross Profit	$20.48M	$11.60M	$17.88M	$19.58M	$16.58M	$12.36M
Selling, General & Admin	$16.20M	$13.63M	$14.81M	$14.21M	$15.73M	$17.96M
Operating Expenses	$16.20M	$13.63M	$14.81M	$14.21M	$15.73M	$17.96M
Operating Income	$4.29M	-$2.03M	$3.06M	$5.37M	$848.00K	-$5.60M
EBITDA	$6.54M	$2.14M	$5.33M	$8.95M	$4.20M	-$2.73M
Pretax Income	$5.13M	$666.00K	$3.69M	$7.33M	$2.58M	-$4.40M
Income Tax	$673.00K	-$1.03M	-$549.00K	-$8.31M	$834.00K	-$1.37M
Net Income	$4.06M	$924.00K	$3.81M	$14.96M	-$371.00K	-$4.61M
Diluted EPS	1.51	0.34	1.37	5.34	-0.14	-1.71
Diluted Shares	2.69M	2.73M	2.78M	2.80M	2.63M	2.69M

NCSM Balance Sheet statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$23.00M	$25.37M	$25.30M	$36.73M	$34.46M	$31.32M
Receivables	$43.44M	$39.38M	$39.47M	$44.15M	$40.06M	$38.59M
Inventory	$40.76M	$43.51M	$44.10M	$39.01M	$40.78M	$44.54M
Current Assets	$109.04M	$110.97M	$111.34M	$121.92M	$116.99M	$117.44M
Total Assets	$155.12M	$157.98M	$162.02M	$181.20M	$174.58M	$177.56M
Current Liabilities	$23.86M	$23.81M	$25.36M	$28.53M	$21.88M	$27.51M
Long-Term Debt	$5.37M	$5.46M	$5.11M	—	—	—
Total Debt	$13.96M	$13.69M	$13.14M	$12.95M	$12.12M	$12.78M
Total Liabilities	$34.28M	$34.00M	$34.91M	$38.10M	$30.78M	$36.81M
Retained Earnings	-$254.97M	-$254.04M	-$250.24M	-$235.28M	-$235.65M	-$240.25M
Shareholders' Equity	$103.17M	$106.44M	$110.14M	$126.24M	$124.83M	$120.21M
Working Capital	$85.18M	$87.16M	$85.97M	$93.39M	$95.11M	$89.92M

NCSM Cash Flow statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	-$1.65M	$3.52M	$7.17M	$13.13M	$1.28M	-$1.92M
Capital Expenditure	-$464.00K	-$281.00K	-$292.00K	-$270.00K	-$639.00K	-$513.00K
Free Cash Flow	-$2.11M	$3.24M	$6.88M	$12.86M	$641.00K	-$2.43M
Depreciation & Amortisation	$1.37M	$1.40M	$1.53M	$1.58M	$1.59M	$1.59M
Stock-Based Compensation	$1.45M	$1.39M	$2.16M	$1.21M	$1.23M	$1.32M
Investing Cash Flow	-$451.00K	-$23.00K	-$5.59M	-$233.00K	-$559.00K	-$449.00K
Financing Cash Flow	-$790.00K	-$1.45M	-$1.55M	-$1.51M	-$2.94M	-$603.00K
Share Repurchases	-$268.00K	$0.00	$0.00	-$58.00K	-$1.07M	$0.00
Net Change in Cash	-$2.89M	$2.05M	$28.00K	$11.39M	-$2.22M	-$2.97M

Market Snapshot

About

NCS Multistage Holdings, Inc. provides engineered well completion products and services for the oil and gas industry. The company specializes in fracturing systems, casing and cementing tools, and other completion technologies for unconventional reservoirs.