NCS Multistage Holdings, Inc. financials
Source: EDGAR filings · Built 2026-06-02T03:38:20Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 18.75M | 9.46M | 1.29M | -2.46M | 9.68M | 31.39M |
| EBITDA | 16.43M | 9.64M | -915.00K | 2.07M | -619.00K | -65.55M |
| Working Capital | 93.39M | 80.15M | 71.16M | 69.97M | 68.67M | 68.79M |
| Net Debt | -23.78M | -11.24M | -3.21M | -3.35M | -9.02M | -3.94M |
| Gross Margin | — | — | 39.03% | 38.81% | 40.91% | 10.40% |
| Operating Margin | 5.74% | 2.66% | -3.88% | -1.45% | -4.32% | -66.78% |
| Net Margin | 12.93% | 4.06% | -2.21% | -0.71% | -3.99% | -53.84% |
| Return on Equity (ROE) | 18.81% | 6.67% | -3.44% | -1.21% | -5.11% | -61.53% |
| Return on Assets (ROA) | 13.11% | 4.31% | -2.07% | -0.80% | -3.33% | -41.53% |
| Current Ratio | 4.27× | 4.15× | 3.22× | 4.95× | 4.47× | 5.62× |
| Debt-to-Equity | 0.10× | 0.15× | 0.15× | 0.14× | 0.14× | 0.12× |
| Effective Tax Rate | -54.80% | 1.41% | 6.94% | -58.40% | -7.48% | 16.60% |
| Cash Conversion Ratio | 0.93× | 1.93× | -1.51× | 1.29× | -2.45× | -0.61× |
| Accruals Ratio | 0.01× | -0.04× | -0.05× | 0.00× | -0.11× | -0.67× |
| SBC % of Revenue | 3.38% | 3.21% | 3.77% | 3.88% | 5.59% | 7.93% |
| CapEx Coverage | 6.48× | 3.90× | 1.37× | -1.37× | 6.09× | 9.41× |
| Free Cash Flow Per Share | $6.83 | $3.65 | $0.52 | $-1.01 | $4.04 | $13.28 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 4.57× | 10.18× | — | — | — | — |
| P/FCF | 5.78× | 7.10× | 34.11× | — | 7.18× | 1.70× |
| FCF Yield | 17.29% | 14.08% | 2.93% | — | 13.94% | 58.98% |
| EV / EBITDA | 4.67× | 5.59× | — | 27.52× | — | — |
| P/S | 0.55× | 0.40× | 0.31× | 0.39× | 0.58× | 0.50× |
| P/B | 0.80× | 0.66× | 0.48× | 0.66× | 0.75× | 0.57× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 183.63M | 162.56M | 142.47M | — | — | — |
| Revenues | — | — | 142.47M | 155.63M | 118.50M | 106.98M |
| Cost of Goods and Services Sold | — | — | 86.87M | 95.23M | 70.03M | 62.91M |
| Gross Profit | — | — | — | — | — | 11.12M |
| Research and Development Expense | 2.00M | 2.00M | 2.50M | 2.70M | 2.10M | 1.90M |
| Selling, General and Administrative Expense | 58.84M | 57.82M | 56.52M | 58.34M | 49.09M | 59.42M |
| Operating Income (Loss) | 10.54M | 4.33M | -5.53M | -2.25M | -5.12M | -71.44M |
| Income Tax Expense (Benefit) | -9.22M | 116.00K | -232.00K | 351.00K | 263.00K | -7.78M |
| Net Income (Loss) Attributable to Parent | 23.75M | 6.59M | -3.15M | -1.10M | -4.73M | -57.60M |
| Earnings Per Share, Basic | $9.17 | $2.60 | $-1.27 | $-0.45 | $-1.98 | $-24.37 |
| Weighted Average Number of Shares Outstanding, Basic | 2.59M | 2.54M | 2.47M | 2.43M | 2.40M | 2.36M |
| Earnings Per Share, Diluted | $8.65 | $2.55 | $-1.27 | $-0.45 | $-1.98 | $-24.37 |
| Weighted Average Number of Shares Outstanding, Diluted | 2.75M | 2.59M | 2.47M | 2.43M | 2.40M | 2.36M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 36.73M | 25.88M | 16.72M | 16.23M | 22.17M | 15.54M |
| Assets, Current | 121.92M | 105.57M | 103.22M | 87.66M | 88.49M | 83.67M |
| Assets | 181.20M | 152.81M | 152.03M | 138.60M | 142.32M | 138.68M |
| Liabilities, Current | 28.53M | 25.42M | 32.06M | 17.69M | 19.82M | 14.88M |
| Long-term Debt, Excluding Current Maturities | — | — | — | — | 6.33M | 4.44M |
| Liabilities | 38.10M | 36.70M | 42.64M | 29.34M | 31.66M | 25.19M |
| Stockholders' Equity Attributable to Parent | 126.24M | 98.84M | 91.62M | 91.03M | 92.58M | 93.61M |
| Common Stock, Shares, Outstanding | 2.55M | 2.51M | 2.44M | 2.41M | 2.38M | 2.36M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 22.18M | 12.72M | 4.77M | -1.42M | 11.58M | 35.12M |
| Payments to Acquire Property, Plant, and Equipment | 1.20M | 1.31M | 1.88M | 1.03M | 495.00K | 2.10M |
| Net Cash Provided by (Used in) Investing Activities | -6.29M | 479.00K | -1.68M | -698.00K | -444.00K | -1.06M |
| Net Cash Provided by (Used in) Financing Activities | -5.30M | -4.27M | -2.44M | -2.74M | -4.26M | -29.77M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 76.00K | 12.31M | 6.44M | 59.00K | -2.63M | 9.91M |
| EBITDA | 2.44M | 6.79M | — | — | 5.66M | 4.36M |
| Working Capital | 95.11M | 93.39M | 85.97M | 87.16M | 85.18M | 80.15M |
| Net Debt | -22.34M | -23.78M | -12.15M | -11.69M | -9.04M | -11.24M |
| Operating Margin | 1.86% | 10.31% | 6.58% | -5.57% | 8.58% | 6.53% |
| Net Margin | -0.81% | 29.55% | 8.18% | 2.53% | 8.11% | 7.71% |
| Return on Equity (ROE) | -0.30% | 11.85% | 3.46% | 0.87% | 3.93% | 3.51% |
| Return on Assets (ROA) | -0.21% | 8.26% | 2.35% | 0.58% | 2.61% | 2.27% |
| Current Ratio | 5.35× | 4.27× | 4.39× | 4.66× | 4.57× | 4.15× |
| Debt-to-Equity | 0.10× | 0.10× | 0.12× | 0.13× | 0.14× | 0.15× |
| Effective Tax Rate | 32.39% | -113.29% | -14.87% | -154.96% | 13.13% | -19.46% |
| Cash Conversion Ratio | -3.45× | 0.88× | 2.38× | 2.03× | -0.41× | 3.07× |
| Accruals Ratio | -0.01× | 0.01× | -0.03× | -0.01× | 0.04× | -0.05× |
| SBC % of Revenue | 2.69% | 2.39% | 4.64% | 3.82% | 2.89% | 4.02% |
| CapEx Coverage | 1.06× | 15.99× | 3.48× | 1.03× | -1.67× | 14.46× |
| Free Cash Flow Per Share | $0.03 | $4.48 | $2.32 | $0.02 | $-0.98 | $3.83 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 8.83× | 4.57× | 11.20× | 6.16× | 10.80× | 10.18× |
| P/S | 0.91× | 0.55× | 0.73× | 0.43× | 0.53× | 0.40× |
| P/B | 1.30× | 0.80× | 1.18× | 0.70× | 0.86× | 0.66× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 45.64M | 50.63M | 46.54M | 36.45M | 50.01M | 45.00M |
| Selling, General and Administrative Expense | 15.73M | 14.21M | 14.81M | 13.63M | 16.20M | 15.03M |
| Operating Income (Loss) | 848.00K | 5.22M | 3.06M | -2.03M | 4.29M | 2.94M |
| Income Tax Expense (Benefit) | 834.00K | -8.31M | -549.00K | -1.03M | 673.00K | -606.00K |
| Net Income (Loss) Attributable to Parent | -371.00K | 14.96M | 3.81M | 924.00K | 4.06M | 3.47M |
| Earnings Per Share, Basic | $-0.14 | $5.77 | $1.47 | $0.36 | $1.58 | $1.37 |
| Weighted Average Number of Shares Outstanding, Basic | 2.63M | 2.59M | 2.59M | 2.59M | 2.57M | 2.54M |
| Earnings Per Share, Diluted | $-0.14 | $5.43 | $1.37 | $0.34 | $1.51 | $1.34 |
| Weighted Average Number of Shares Outstanding, Diluted | 2.63M | 2.75M | 2.78M | 2.73M | 2.69M | 2.59M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 34.46M | 36.73M | 25.30M | 25.37M | 23.00M | 25.88M |
| Assets, Current | 116.99M | 121.92M | 111.34M | 110.97M | 109.04M | 105.57M |
| Assets | 174.58M | 181.20M | 162.02M | 157.98M | 155.12M | 152.81M |
| Liabilities, Current | 21.88M | 28.53M | 25.36M | 23.81M | 23.86M | 25.42M |
| Liabilities | 30.78M | 38.10M | 34.91M | 34.00M | 34.28M | 36.70M |
| Stockholders' Equity Attributable to Parent | 124.83M | 126.24M | 110.14M | 106.44M | 103.17M | 98.84M |
| Common Stock, Shares, Outstanding | 2.62M | 2.55M | 2.54M | 2.54M | 2.54M | 2.51M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 1.28M | 13.13M | 9.04M | 1.88M | -1.65M | 10.64M |
| Payments to Acquire Property, Plant, and Equipment | 591.00K | 225.00K | 976.00K | 745.00K | 464.00K | 226.00K |
| Net Cash Provided by (Used in) Investing Activities | -559.00K | -233.00K | -6.06M | -474.00K | -451.00K | 1.21M |
| Net Cash Provided by (Used in) Financing Activities | -2.94M | -1.51M | -3.79M | -2.24M | -790.00K | -1.59M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (NCSM CIK 0001692427),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.