STEP Energy Services Ltd. (TSX:STEP)

Canada · Delayed Price · Currency is CAD

5.49

-0.01 (-0.18%)

Inactive · Last trade price on Dec 17, 2025

STEP Energy 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 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	910.44	954.97	945.72	989.02	536.31	368.95
Revenue Growth	-9.19%	0.98%	-4.38%	84.41%	45.36%	-44.79%
Gross Profit	90.67	110.19	116.14	147.59	17.76	-43.31
Operating Income	44.39	66.43	77.81	90.11	-17.14	-73.37
Net Income	-7.82	1.76	50.42	94.78	-28.13	-119.36
Earnings Per Share	-0.11	0.02	0.67	1.31	-0.41	-1.77
EPS Growth	-	-97.02%	-48.85%	-	-	-

Revenue by Segment

Fiscal Year	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Fracturing	646.31	750.34	386.81	255.56	469.09
Coiled Tubing	299.41	238.68	149.5	113.38	199.21

Cash & Debt

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Investments	2.51	4.36	1.79	2.79	3.7	1.27
Total Debt	61.56	84.47	113.63	164.48	205.33	220.35
Net Cash (Debt)	-59.05	-80.11	-111.85	-161.7	-201.63	-219.08
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.82	-1.08	-1.49	-2.24	-2.96	-3.25

Cash Flow & CapEx

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Cash Flow	100.2	146.06	171.61	122.6	58.85	46.8
Capital Expenditures	-67.23	-93.26	-105.18	-82.98	-37.24	-17.83
Free Cash Flow	32.96	52.8	66.43	39.62	21.6	28.98
Free Cash Flow Growth	-17.59%	-20.52%	67.68%	83.38%	-25.44%	38.78%

Margins

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Gross Margin	9.96%	11.54%	12.28%	14.92%	3.31%	-11.74%
Operating Margin	4.88%	6.96%	8.23%	9.11%	-3.19%	-19.89%
Pretax Margin	1.41%	2.50%	7.13%	12.20%	-5.71%	-39.39%
Profit Margin	-0.86%	0.18%	5.33%	9.58%	-5.24%	-32.35%
FCF Margin	3.62%	5.53%	7.02%	4.01%	4.03%	7.85%

Valuation

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '26 Sep 4, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
PE Ratio	-	175.73	5.62	4.03	-	-
Forward PE	15.69	15.12	3.41	3.82	-	-
P/FCF Ratio	12.14	5.86	4.26	9.63	5.08	1.73
PS Ratio	0.44	0.32	0.30	0.39	0.21	0.14