Calfrac Well Services Ltd. (TSX:CFW)

Canada · Delayed Price · Currency is CAD

6.36

-0.05 (-0.78%)

Jul 24, 2026, 4:00 PM EST

Calfrac Well Services Financials Overview

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,323	1,388	1,567	1,864	1,499	880.25
Revenue Growth	-17.68%	-11.46%	-15.92%	24.35%	70.32%	24.78%
Gross Profit	144.03	151.25	110.49	268.13	154.61	-35.34
Operating Income	103.24	95.36	36.26	231.32	70.84	-83.87
Net Income	34.05	18.6	12.23	183.78	11.68	-70.89
Earnings Per Share	0.47	0.34	0.12	2.16	0.19	-2.21
EPS Growth	135.00%	183.33%	-94.44%	1036.84%	-	-

Revenue by Geography

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Argentina	397.63	434.76	405.89	341.93	251.07	171.47
North America	925.61	953.17	1,162	1,522	1,248	-
Total	1,323	1,388	1,567	1,864	1,499	880.25

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	1.4	6.66	44.05	34.14	8.5	0
Total Debt	175.22	221.94	344.39	275.21	354.91	410.39
Net Cash (Debt)	-173.82	-215.27	-300.35	-241.07	-346.41	-410.39
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.90	-2.45	-3.42	-2.73	-4.09	-12.79

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	243.88	199.6	127.18	281.63	107.53	-15.34
Capital Expenditures	-105.54	-129.04	-183.84	-168.64	-79.81	-63.43
Free Cash Flow	138.34	70.56	-56.66	113	27.72	-78.77
Free Cash Flow Growth	-	-	-	307.61%	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	10.88%	10.90%	7.05%	14.38%	10.31%	-4.01%
Operating Margin	7.80%	6.87%	2.31%	12.41%	4.72%	-9.53%
Pretax Margin	5.28%	4.75%	0.32%	10.82%	1.62%	-13.81%
Profit Margin	3.29%	2.18%	0.66%	10.23%	2.35%	-9.41%
FCF Margin	10.45%	5.08%	-3.61%	6.06%	1.85%	-8.95%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 25, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	10.92	12.26	31.58	2.07	32.11	-
Forward PE	7.33	21.95	11.15	3.08	3.29	34.69
P/FCF Ratio	4.62	5.85	-	3.39	17.76	-
PS Ratio	0.48	0.30	0.21	0.21	0.33	0.18