NCS Multistage Holdings (NCSM) FCF Margin (2016 - 2026)
NCS Multistage Holdings (NCSM) posted FCF Margin of -6.28% for Q2 2026, down 15.17 percentage points from 8.89% a year earlier and down 7.79 percentage points from the prior quarter.
NCS Multistage Holdings (NCSM) FCF Margin (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, FCF Margin at NCS Multistage Holdings was 10.00%, up 4.83 percentage points year-over-year; for FY2025, it was 11.42%, up 4.40 percentage points from FY2024.
- Annual FCF Margin has increased for three consecutive years, though with a five-year change of -19.44 percentage points (FY2020 to FY2025).
- In prior years, NCS Multistage Holdings' FCF Margin was 7.02% in FY2024 (+4.99 pp), 2.03% in FY2023 (+3.61 pp), -1.58% in FY2022 (-10.94 pp) and 9.36% in FY2021 (-21.51 pp).
- The Q2 2026 figure stands as the lowest quarterly FCF Margin since Q3 2022.
- On a year-over-year basis, FCF Margin increased in five of the last eight quarters, with an average year-over-year change of +0.87 percentage points.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q3 2021, with a gain of 58.95 percentage points; the weakest was Q4 2021, with a drop of 61.43 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was 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 | 72.31 Bn | 69.42 Bn | 1.40 Bn | 10.03% |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 15.50% |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 17.66% |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 10.31% |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | -3.00% |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | -8.39% |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 21.95% |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 12.04% |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | -17.14% |
| 10 | NCS Multistage Holdings | 140.02 Mn | 32.76 Mn | 13.95 Mn | -6.28% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -6.28% |
| 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 | -8.57% |
| Jun 30, 2022 | 2.45% |
| Mar 31, 2022 | -16.09% |
| Dec 31, 2021 | 13.04% |
| Sep 30, 2021 | 17.05% |
NCS Multistage Holdings FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=NCSM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "NCSM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=NCSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();