NCS Multistage Holdings (NCSM) FCF Margin (2016 - 2026)

NCS Multistage Holdings' (NCSM) quarterly FCF Margin came in at 1.51% in Q1 2026, up 573.0% year-on-year from 0.22% in Q1 2025, and down 94.08% quarter-over-quarter from 25.49% in Q4 2025.

NCS Multistage Holdings (NCSM) FCF Margin (2016 - 2026) Analysis & Trends

NCS Multistage Holdings' FCF Margin history runs 11 years deep, the most recent figure standing at 1.51% for Q1 2026.

  • On a quarterly basis, FCF Margin rose 573.0% year-over-year to 1.51% in Q1 2026; TTM through Mar 2026 was 13.26%, a 645.0% increase from a year earlier, with the FY2025 full-year figure at 11.42%, up 440.0% from the prior year.
  • FCF Margin declined to 1.51% in Q1 2026 per NCSM's latest filing, from 25.49% in the prior quarter.
  • Across five years, FCF Margin topped out at 25.49% in Q4 2025 and bottomed at 16.09% in Q1 2022.
  • The 5-year median for FCF Margin is 1.51% (2026), against an average of 4.95%.
  • Across the five-year window, FCF Margin tumbled 2654 bps in 2022 and soared 2051 bps in 2025, its largest moves.
  • Year by year, FCF Margin stood at 18.28% in 2022, then retreated by 6 bps to 17.14% in 2023, then surged by 35 bps to 23.15% in 2024, then advanced by 10 bps to 25.49% in 2025, then tumbled by 94 bps to 1.51% in 2026.
  • Per Business Quant, the three latest NCSM FCF Margin figures stand at 1.51% (Q1 2026), 25.49% (Q4 2025), and 14.91% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Slb 70.54 Bn 68.33 Bn 5.38 Bn 5.62%
2 Tenaris 57.93 Bn 46.32 Bn 1.05 Bn 23.61%
3 TechnipFMC 30.31 Bn 29.04 Bn 1.64 Bn 11.11%
4 Halliburton 27.38 Bn 25.42 Bn 2.10 Bn 10.31%
5 Nov 7.25 Bn 5.97 Bn 379.00 Mn -4.43%
6 Archrock 6.68 Bn 6.68 Bn 247.42 Mn 19.36%
7 Weatherford International 6.15 Bn 5.02 Bn 776.00 Mn 12.04%
8 Kodiak Gas Services 5.93 Bn 5.84 Bn 222.88 Mn -13.65%
9 Oceaneering International 5.32 Bn 4.71 Bn 156.98 Mn 4.17%
10 NCS Multistage Holdings 119.67 Mn 104.18 Mn 18.17 Mn 1.51%

Historic Data

Download Data
DateValue
Mar 31, 2026 1.51%
Dec 31, 2025 25.49%
Sep 30, 2025 14.91%
Jun 30, 2025 8.89%
Mar 31, 2025 -4.22%
Dec 31, 2024 23.15%
Sep 30, 2024 -5.61%
Jun 30, 2024 19.01%
Mar 31, 2024 -4.97%
Dec 31, 2023 17.14%
Sep 30, 2023 -2.50%
Jun 30, 2023 -0.55%
Mar 31, 2023 -4.72%
Dec 31, 2022 18.28%
Sep 30, 2022 -9.31%
Jun 30, 2022 3.78%
Mar 31, 2022 -16.09%
Dec 31, 2021 12.99%
Sep 30, 2021 17.23%
Jun 30, 2021 12.62%