Trican Well Service Ltd. (TSX:TCW)

Trican Well Service Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	1,167	1,096	980.84	972.68	866.3	562.48
Revenue Growth (YoY)	20.60%	11.76%	0.84%	12.28%	54.01%	41.68%
Cost of Revenue	846.9	795.28	717.16	697.97	639.19	434.89
Gross Profit	228.81	217.11	190	201.15	150.34	43.29
Selling, General & Admin	4.56	4.26	3.87	3.65	3.46	3.5
Depreciation & Amortization Expenses	96.24	88.05	77.54	77.2	80.22	87.81
Other Operating Expenses	-0.4	1.52	6.91	3.8	3.15	2.62
Total Operating Expenses	100.4	93.82	88.32	84.65	86.83	93.93
Operating Income	151.29	152.53	148.51	161.62	110.18	14.22
Interest Expense	-5.09	-4.4	-2.48	-2.59	-2.57	-1.97
Other Non-Operating Income (Expense)	-0.36	-0.28	-0.52	-0.06	0.27	0.27
Total Non-Operating Income (Expense)	-5.46	-4.67	-3	-2.65	-2.3	-1.71
Pretax Income	145.83	147.86	145.51	158.97	107.88	11.98
Provision for Income Taxes	35.23	35.66	36.03	37.96	28.67	0.08
Net Income	110.6	112.19	109.48	121.01	79.22	17.22
Earnings From Discontinued Operations	-	-	-	-	-	5.16
Net Income to Common	110.6	112.19	109.48	121.01	79.22	17.22
Net Income Growth	10.40%	2.48%	-9.53%	52.76%	360.02%	-
Shares Outstanding (Basic)	199	193	200	217	241	253
Shares Outstanding (Diluted)	201	196	203	221	247	258
Shares Change (YoY)	1.55%	-3.63%	-8.26%	-10.22%	-4.32%	-2.29%
EPS (Basic)	0.55	0.58	0.55	0.56	0.33	0.05
EPS (Diluted)	0.55	0.57	0.54	0.55	0.32	0.05
EPS Growth	7.84%	5.56%	-1.82%	71.88%	540.00%	-
Shares Outstanding	210.2	210.79	188.92	211.74	229.78	246.97
Free Cash Flow	195.54	104.69	79.78	169.17	48.61	20.21
Free Cash Flow Growth	86.78%	31.23%	-52.84%	248.00%	140.50%	-65.14%
Free Cash Flow Per Share	0.97	0.53	0.39	0.76	0.20	0.08
Dividends Per Share	0.210	0.210	0.180	0.160	-	-
Dividend Growth	-	16.67%	12.50%	-	-	-
Gross Margin	19.60%	19.81%	19.37%	20.68%	17.35%	7.70%
Operating Margin	12.96%	13.91%	15.14%	16.62%	12.72%	2.53%
Profit Margin	9.47%	10.23%	11.16%	12.44%	9.14%	2.14%
FCF Margin	16.75%	9.55%	8.13%	17.39%	5.61%	3.59%
EBITDA	247.52	240.58	226.06	238.82	190.4	102.03
EBITDA Margin	21.20%	21.95%	23.05%	24.55%	21.98%	18.14%
EBIT	151.29	152.53	148.51	161.62	110.18	14.22
EBIT Margin	12.96%	13.91%	15.14%	16.62%	12.72%	2.53%
Effective Tax Rate	24.16%	24.12%	24.76%	23.88%	26.57%	0.67%

Updated May 12, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.