Trican Well Service Ltd. (TSX:TCW)

Trican Well Service Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	107.89	112.19	109.48	121.01	79.22	17.22
Depreciation & Amortization	106.94	88.05	77.54	77.2	80.22	87.81
Loss (Gain) From Sale of Assets	2.04	-0.89	-4.12	-1.11	-2.46	-2.55
Stock-Based Compensation	-	-	0.07	0.59	1.22	2.16
Other Operating Activities	-8.16	-4.69	-25.67	38.26	30.07	-2.26
Change in Accounts Receivable	18.38	3.69	-29.49	-5.69	-47.65	-51.03
Change in Inventory	-7.35	-7.31	1.28	3.14	-5.65	2.56
Change in Accounts Payable	67.03	-23.26	23.03	15.76	21.13	19.3
Change in Other Net Operating Assets	-1.46	-0.21	2.72	-0.71	-3.89	0.74
Operating Cash Flow	285.32	167.58	154.84	248.46	152.23	74.1
Operating Cash Flow Growth	77.05%	8.22%	-37.68%	63.21%	105.45%	4.71%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-81.04	-62.89	-75.07	-79.29	-103.62	-53.88
Sale of Property, Plant & Equipment	2.92	4.51	11.41	7.47	20.03	10.16
Cash Acquisitions	-	-54.66	-	-	-	-
Other Investing Activities	-4.13	-13.07	-12.26	-3.27	-2.2	4.37
Investing Cash Flow	-82.25	-126.1	-75.92	-75.09	-85.8	-39.35

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Short-Term Debt Issued	-	-	-	-	30	-
Long-Term Debt Issued	-	92.9	-	-	-	-
Total Debt Issued	-46.25	92.9	-	-	30	-
Long-Term Debt Repaid	-	-45.38	-5.01	-33.53	-3.28	-3.31
Lease Payments	-6.52	-5.72	-5.01	-3.67	-3.28	-3.31
Net Debt Issued (Repaid)	-73.35	47.52	-5.01	-33.53	26.72	-3.31
Issuance of Common Stock	-	-	-	-	4.44	2.22
Repurchase of Common Stock	-61.38	-54.66	-95.03	-78.46	-68.99	-26.75
Common Dividends Paid	-45.88	-41.6	-35.58	-34.34	-	-
Other Financing Activities	-8.62	-6.56	-5.77	3.6	-	-
Financing Cash Flow	-189.23	-55.29	-141.39	-142.73	-37.83	-27.84

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Cash Flow	13.85	-13.82	-62.47	30.64	28.6	6.9

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	204.28	104.69	79.78	169.17	48.61	20.21
Free Cash Flow Growth	115.43%	31.23%	-52.84%	248.00%	140.50%	-65.14%
Free Cash Flow Margin	16.94%	9.55%	8.13%	17.39%	5.61%	3.59%
Free Cash Flow Per Share	0.97	0.54	0.39	0.76	0.20	0.08
Levered Free Cash Flow	195.36	53.99	65.75	150.22	16.59	10.42
Unlevered Free Cash Flow	198.73	56.73	67.31	151.83	18.2	11.66
Free Cash Flow After Leases	197.77	98.97	74.77	165.5	45.34	16.9

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	4.77	4.2	2.29	2.39	2.48	1.43
Cash Income Tax Paid	40.27	40.72	61.72	-	-0.97	-2.74
Change in Working Capital	76.6	-27.09	-2.46	12.51	-36.05	-28.43

Data Source: S&P Global Market Intelligence Last updated: Oct 27, 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:

Nov 2, 2026

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