NCS Multistage Holdings (NCSM) Invested Capital (2016 - 2026)
NCS Multistage Holdings' Invested Capital was $148.27 million in Q2 2026, up 12.6% from $131.64 million a year earlier but down 1.8% from the prior quarter.
NCS Multistage Holdings (NCSM) Invested Capital (2016 - 2026) Analysis & Trends
For FY2025, Invested Capital at NCS Multistage Holdings came in at $150.74 million, up 21.3% from FY2024.
- Invested Capital has now increased for three consecutive years, with a five-year compound annual growth rate of 4.8% (FY2020 to FY2025).
- In earlier years, Invested Capital was $124.25 million in FY2024 (+5.7%), $117.55 million in FY2023 (+0.3%), $117.19 million in FY2022 (-1.1%) and $118.49 million in FY2021 (-0.7%).
- Quarterly Invested Capital has moved between $72.98 million (Q2 2023) and $151 million (Q1 2026) over five years.
- Compared with a year earlier, Invested Capital has increased for 11 straight quarters, with growth averaging 18.1% over the last eight quarters.
- The best year-over-year quarter for Invested Capital over five years was Q2 2024 (growth of 61.6%); the worst was Q2 2023 (a decline of 34.9%).
- Per Business Quant data, NCSM's Invested Capital in the three quarters before Q2 2026 was $151 million (Q1 2026), $150.74 million (Q4 2025) and $134.55 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 40.05 Bn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 36.34 Bn |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 3.68 Bn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 11.14 Bn |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 7.97 Bn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | 6.37 Bn |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 13.49 Bn |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 3.27 Bn |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | 4.31 Bn |
| 10 | NCS Multistage Holdings | 140.02 Mn | 32.76 Mn | 13.95 Mn | 148.27 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 148.27 Mn |
| Mar 31, 2026 | 151.00 Mn |
| Dec 31, 2025 | 150.74 Mn |
| Sep 30, 2025 | 134.55 Mn |
| Jun 30, 2025 | 131.64 Mn |
| Mar 31, 2025 | 128.46 Mn |
| Dec 31, 2024 | 124.25 Mn |
| Sep 30, 2024 | 122.75 Mn |
| Jun 30, 2024 | 117.94 Mn |
| Mar 31, 2024 | 120.36 Mn |
| Dec 31, 2023 | 117.55 Mn |
| Sep 30, 2023 | 76.98 Mn |
| Jun 30, 2023 | 72.98 Mn |
| Mar 31, 2023 | 103.21 Mn |
| Dec 31, 2022 | 117.19 Mn |
| Sep 30, 2022 | 113.25 Mn |
| Jun 30, 2022 | 112.18 Mn |
| Mar 31, 2022 | 117.88 Mn |
| Dec 31, 2021 | 118.49 Mn |
| Sep 30, 2021 | 116.55 Mn |
NCS Multistage Holdings Invested Capital 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=invested-capital&ticker=NCSM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=NCSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();