NCS Multistage Holdings (NCSM) Net Margin (2016 - 2026)
NCS Multistage Holdings (NCSM) recorded Net Margin of -12.01% in Q2 2026, down 14.54 percentage points from 2.53% a year earlier and down 11.19 percentage points from the prior quarter.
NCS Multistage Holdings (NCSM) Net Margin (2016 - 2026) Analysis & Trends
On a TTM basis, NCS Multistage Holdings' Net Margin came in at 7.61% as of Jun 30, 2026, up 0.43 percentage points year-over-year; for FY2025, it was 12.93%, up 8.88 percentage points from FY2024.
- Annual Net Margin has a five-year change of +66.78 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 4.06% in FY2024 (+6.27 pp), -2.21% in FY2023 (-1.51 pp), -0.71% in FY2022 (+3.29 pp) and -3.99% in FY2021 (+49.85 pp).
- The Q2 2026 figure is the lowest quarterly Net Margin since Q2 2023.
- On a year-over-year basis, Net Margin rose in three of the last eight quarters, with an average year-over-year change of -11.67 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 116.51 percentage points in Q2 2024, against a drop of 106.98 percentage points in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at -0.81% (Q1 2026), 29.55% (Q4 2025) and 8.18% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 8.76% |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 10.10% |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 13.13% |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 9.35% |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 5.25% |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | -5.10% |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 17.60% |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 3.53% |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | 9.35% |
| 10 | NCS Multistage Holdings | 140.02 Mn | 32.76 Mn | 13.95 Mn | -12.01% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -12.01% |
| Mar 31, 2026 | -0.81% |
| Dec 31, 2025 | 29.55% |
| Sep 30, 2025 | 8.18% |
| Jun 30, 2025 | 2.53% |
| Mar 31, 2025 | 8.11% |
| Dec 31, 2024 | 7.71% |
| Sep 30, 2024 | 9.42% |
| Jun 30, 2024 | -10.42% |
| Mar 31, 2024 | 4.72% |
| Dec 31, 2023 | 112.46% |
| Sep 30, 2023 | 11.52% |
| Jun 30, 2023 | -126.94% |
| Mar 31, 2023 | -34.37% |
| Dec 31, 2022 | 4.92% |
| Sep 30, 2022 | 8.05% |
| Jun 30, 2022 | -19.96% |
| Mar 31, 2022 | -3.92% |
| Dec 31, 2021 | 4.60% |
| Sep 30, 2021 | 8.63% |
NCS Multistage Holdings Net 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=net-margin&ticker=NCSM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=NCSM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();