NCS Multistage Holdings NCSM
NASDAQ NCSM
$53.35 +0.00 (+0.00%)
At close: Sep 2, 2026 · 4:00 PM EDT

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

NCS Multistage Holdings (NCSM) posted Operating Margin of 14.6% for Q2 2026, down 885.99% on a QoQ basis from 1.86% in Q1 2026, and down 904.0% year-over-year from 1.82% in Q2 2025.

Analysis

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

NCS Multistage Holdings has reported Operating Margin for 11 years, with the latest figure at 14.6% in Q2 2026.

  • On a quarterly basis, Operating Margin fell 904.0% year-over-year to 14.6% in Q2 2026; TTM through Jun 2026 was 1.95%, a 275.0% decrease from a year earlier, with the FY2025 full-year figure at 5.74%, up 308.0% from the prior year.
  • Operating Margin was 14.6% for Q2 2026 at NCS Multistage Holdings, down from 1.86% in the prior quarter.
  • The five-year high for Operating Margin was 10.31% in Q4 2025, with the low at 28.08% in Q2 2023.
  • Average Operating Margin over 5 years is 1.48%, with a median of 3.73% recorded in 2023.
  • The sharpest annual moves came in 2024 and 2026: Operating Margin surged 1410 bps in 2024, then sank 904 bps in 2026.
  • Over 5 years, Operating Margin stood at 4.51% in 2022, then sank by 198 bps to 4.41% in 2023, then soared by 248 bps to 6.53% in 2024, then soared by 58 bps to 10.31% in 2025, then slumped by 242 bps to 14.6% in 2026.
  • The last three Operating Margin figures came in at 14.6% (Q2 2026), 1.86% (Q1 2026), and 10.31% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 TechnipFMC 30.01 Bn 28.76 Bn 1.40 Bn -31.83%
2 Nov 7.69 Bn 6.52 Bn 521.00 Mn 12.28%
3 Cactus 4.77 Bn 4.40 Bn 215.38 Mn 18.59%
4 Enerflex 2.75 Bn 2.67 Bn 139.00 Mn 9.97%
5 Innovex International 2.04 Bn 1.81 Bn 83.65 Mn 13.79%
6 Forum Energy Technologies 912.12 Mn 878.40 Mn 71.35 Mn 9.07%
7 Flowco Holdings 880.30 Mn 880.30 Mn 49.17 Mn 17.48%
8 Oil States International 501.46 Mn 481.66 Mn 38.71 Mn 7.48%
9 OMS Energy Technologies 195.10 Mn 41.14 Mn - -
10 NCS Multistage Holdings 140.02 Mn 129.24 Mn 13.95 Mn -14.60%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -14.60%
Mar 31, 2026 1.86%
Dec 31, 2025 10.31%
Sep 30, 2025 6.58%
Jun 30, 2025 -5.57%
Mar 31, 2025 8.58%
Dec 31, 2024 6.53%
Sep 30, 2024 6.90%
Jun 30, 2024 -13.98%
Mar 31, 2024 5.70%
Dec 31, 2023 -4.41%
Sep 30, 2023 4.90%
Jun 30, 2023 -28.08%
Mar 31, 2023 2.94%
Dec 31, 2022 4.51%
Sep 30, 2022 8.28%
Jun 30, 2022 -21.52%
Mar 31, 2022 -5.63%
Dec 31, 2021 3.55%
Sep 30, 2021 8.15%