Pason Systems Inc. (TSX:PSI)

Pason Systems Financials Overview

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

Revenue & Profits

Chart

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	412.9	419.27	414.13	369.31	335	206.69
Revenue Growth	-2.41%	1.24%	12.14%	10.24%	62.08%	31.95%
Gross Profit Gross Profit Growth	244.08	246.41	253.6	239.3	212.57	119.02
Operating Income Operating Income Growth	75.95	84.04	97.76	134.28	123.73	36.41
Net Income Net Income Growth	47.6	53.15	121.5	97.54	107.62	33.85
Earnings Per Share EPS Growth	0.61	0.68	1.52	1.21	1.30	0.41
EPS Growth	-33.89%	-55.46%	25.62%	-6.92%	218.01%	422.55%

Revenue by Segment

Chart

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
North American Drilling North American Drilling Growth	273.16	274.52	283.26	289.76	274.57	166.09
International Drilling International Drilling Growth	49.27	52.06	60.25	63.82	53.22	36.49
Completions Completions Growth	58.54	59	52.59	-	-	-
Solar and Energy Storage Solar and Energy Storage Growth	31.93	33.7	18.03	15.72	7.21	4.11
Total Total Growth	412.9	419.27	414.13	369.31	335	206.69

Cash & Debt

Chart

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	68.27	77.14	80.78	171.77	172.43	158.28
Total Debt Total Debt Growth	27.49	27.53	15.42	12.99	5.53	7.33
Net Cash (Debt) Net Cash Growth	40.78	49.61	65.36	158.78	166.91	150.95
Net Cash Growth	-24.76%	-24.10%	-58.84%	-4.87%	10.57%	5.48%
Net Cash Per Share Net Cash Per Share Growth	0.52	0.63	0.82	1.96	2.02	1.82

Cash Flow & CapEx

Chart

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	98.98	117.68	123.19	135.03	104.41	65.06
Capital Expenditures CapEx Growth	-48.88	-51.78	-66.49	-39.81	-34.01	-10.24
Free Cash Flow Free Cash Flow Growth	50.1	65.91	56.7	95.22	70.4	54.82
Free Cash Flow Growth	-23.21%	16.24%	-40.45%	35.25%	28.42%	1.69%

Margins

Chart

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	59.11%	58.77%	61.24%	64.80%	63.45%	57.58%
Operating Margin	18.39%	20.04%	23.61%	36.36%	36.93%	17.62%
Pretax Margin	15.05%	17.01%	34.62%	35.25%	41.53%	21.13%
Profit Margin	11.53%	12.68%	29.34%	26.41%	32.12%	16.38%
FCF Margin	12.13%	15.72%	13.69%	25.78%	21.02%	26.52%

Dividends

Chart

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 24, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share Dividend Per Share Growth	0.520	0.520	0.520	0.480	0.360	0.200
Dividend Per Share Growth	0%	0%	8.33%	33.33%	80.00%	-58.33%
Dividend Yield	3.59%	4.46%	4.10%	3.31%	2.61%	2.05%

Valuation

Chart

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 24, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	23.68	17.55	8.92	13.19	12.08	28.11
Forward PE	14.34	14.86	13.45	12.11	10.77	19.23
P/FCF Ratio	22.44	14.15	19.11	13.51	18.47	17.35
PS Ratio	2.72	2.23	2.62	3.48	3.88	4.60

Data Source: S&P Global Market Intelligence Last updated: Aug 11, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 22, 2026

Data Sources Report a data error