Enerflex Ltd.

EFXT

Energy Oil & Gas Equipment & Services

Enerflex Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $2.6 billion, up 6.50% from fiscal 2024.

Revenue
−19.8%
EPS
+50.1%
Free cash flow
+147.6%
Total debt
−16.5%

Quarter to September 2026, against a year earlier

19.40 0.53 +2.81%
Market cap
$2.4B
P/E
33.4×
Fwd P/E
—
Dividend yield
0.64%
F-score
8/9
ROIC
10.3%
Net debt / EBITDA
1.2×
Dividend safety
66/100

Insider Decisions last twelve months

Net bought
—
Trades
0 sells · 0 buys
Ownership
0.56%

Capital & Financial Ratios $m

Size
Market Cap 2,370
Revenue ttm 2,416
Net income ttm 71
Free cash flow ttm 388
Net debt Q 354
Valuation
P/E 33.4
Forward P/E —
Price / sales 1.0
Forward P/S Powerpack
Price / FCF 6.2
Price / book 1.9
Financial health
Current ratio Q 1.2
Debt / equity Q 0.5 (at or below 0.5: strong)
Interest coverage Q —
Growth
Revenue growth Q −19.8% (below 0%: shrinking)
Operating income growth Q −24.5% (below 0%: shrinking)
EPS, this year +177.4% (at or above 15%: strong)
EPS, next year A +28.8% (at or above 15%: strong)
Revenue, next year A —
EPS, past 5 yrs −7.6% (below 0%: weak)
EPS, next 5 yrs A +72.2% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates; n/m is not meaningful, as a P/E on a loss. How we judge →

Valuation vs history

P/S against its own 10 years 86.95%
10-year low 10-year high
P/B against its own 10 years 83.99%
10-year low 10-year high
EV/Sales against its own 10 years 82.43%
10-year low 10-year high
EV/FCF against its own 10 years 55.90%
10-year low 10-year high

Dividends raised 3 years running

Yield
0.64%
Annual rate
0.12
Payout ratio
21.2%
Growth, 2018–26
−11.0%/yr
  1. 0.30 ’18
  2. 0.32 ’19 +7
  3. 0.13 ’20 −60
  4. 0.07 ’21 −46
  5. 0.10 ’22 +38
  6. 0.07 ’23 −23
  7. 0.08 ’24 +11
  8. 0.11 ’25 +35
  9. 0.12 ’26 +7
paid change on the year, %

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 106 92 82 230
Receivables 444 450 414 481
Inventory 294 258 280 348
Other 7 35 — —
1,083 1,041 992 1,269
2023 2024 2025 Q'26
Payables 424 413 396 397
ST’ Debt 40 — — —
Other 32 22 26 26
868 911 879 1,031

Compound Annual Growth %

10y 5y 3y
Sales — 21.82% 23.42%
Cash Flow — 14.75% 183.10%
Earnings — (1.58%) 0.00%
Book Value — (0.13%) (2.71%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.35 0.25 0.45 — —
’25 0.19 0.49 0.30 (0.47) 0.52
’24 (0.15) 0.04 0.24 0.12 0.26
’23 0.08 (0.02) 0.04 (0.76) (0.67)
’22 0.00 0.12 (0.28) (0.50) (0.77)
’21 0.02 0.04 0.06 (0.29) (0.17)
’20 — — — — 0.77
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 584 582 623 — —
’25 552 615 777 627 2,571
’24 638 614 601 561 2,414
’23 610 579 580 574 2,343
’22 255 291 301 520 1,367
’21 160 166 184 255 766
’20 — — — — 958
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 32 89 147 — —
’25 96 (4) 74 179 345
’24 101 12 98 113 324
’23 (2) (1) 51 158 206
’22 (18) 17 29 (12) 15
’21 — — — 180 166
’20 — — — — 173
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 29 85 52 — —
’25 94 (10) 21 222 327
’24 98 7 94 107 306
’23 (37) (24) 35 217 191
’22 (21) 8 15 (64) (61)
’21 — — — 137 124
’20 — — — — 173
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.3
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — — 1,252 1,573 958 766 1,367 2,343 2,414 2,571 2,416 +10.8% — — — —
Gross margin, % — — 17.20 19.71 22.35 21.06 18.15 19.50 20.88 22.64 23.55 +5.4 pt
EBT — — 97 165 74 30 (61) (52) 81 163 163 +7.7%
EBT margin, % — — 7.75 10.46 7.72 3.97 (4.48) (2.22) 3.36 6.34 6.75 (1.4) pt
Net income — — 74 117 69 (15) (78) (83) 32 64 71 (2.1%)
Per share, $
Per share, $ Revenue — — 14.07 17.48 10.65 8.54 14.09 18.92 19.46 20.93 19.79 +5.8%
Earnings — — 0.84 1.30 0.77 (0.17) (0.77) (0.67) 0.26 0.52 0.58 (6.6%)
Cash flow — — 2.01 0.46 1.93 1.85 0.16 1.66 2.61 2.81 3.66 +4.9%
Capex — — 0.00 0.00 0.00 (0.47) (0.79) (0.12) (0.15) (0.15) (0.48) n/m
Free cash flow — — 2.01 0.46 1.93 1.39 (0.63) 1.54 2.47 2.66 3.18 +4.1%
Book value — — 10.58 11.46 12.22 12.04 12.23 8.51 8.46 8.90 9.98 (2.5%)
Shares, m — — 89 90 90 90 97 124 124 123 122 +4.7%
Valuation, ×
Valuation, × P/E — — 0.00 0.00 0.00 0.00 0.00 0.00 39.80 30.25 33.43 8.8
P/S — — 0.00 0.00 0.00 0.72 0.43 0.23 0.51 0.74 0.98 0.3
P/B — — 0.00 0.00 0.00 0.51 0.49 0.52 1.18 1.73 1.94 0.6
EV/Sales — — 0.00 0.00 0.00 0.93 1.11 0.61 0.80 0.97 1.14 0.6
EV/FCF — — 0.00 0.00 0.00 0.00 (24.69) 7.43 6.35 7.67 7.18 (0.4)
Cash, $m
Cash, $m Operating cash flow — — 179 42 173 166 15 206 324 345 447 +9.9%
Capex — — (97) (203) (111) (42) (77) (15) (18) (18) (59) (21.4%)
Free cash flow — — 179 42 173 124 (61) 191 306 327 388 +9.0%
Balance, $m
Balance, $m Working capital — — 343 335 265 283 236 215 130 113 238 (14.7%)
Net debt — — 86 308 280 172 930 870 663 550 354 +30.3%
Shareholders’ equity — — 942 1,032 1,100 1,080 1,187 1,054 1,049 1,093 1,219 +2.1%
Returns, %
Returns, % ROA — — 0.00 6.39 3.91 (0.85) (3.09) (2.66) 1.11 2.33 2.45 +2.3 pt
ROIC — — 0.00 0.00 0.00 2.16 0.05 3.93 6.32 11.64 10.33 +11.6 pt
ROE — — 0.00 11.85 6.50 (1.35) (6.85) (7.41) 3.04 5.98 5.98 +6.0 pt
People
People Employees — — — — — 2,000 5,000 4,800 4,600 4,400 — +21.8%
Revenue/emp, $m — — 0.00 0.00 0.00 0.38 0.27 0.49 0.52 0.58 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 2 Nov 2026

Enerflex Ltd. vs peers in Oil & Gas Equipment & Services (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
WBI WaterBridge Infrastructure LLC $3.1B 130× 165× +94.86% (above 0%: growing) n/m +325.23% (above 0%: growing) 0.00% 17.20% Compare
EROK EagleRock Land LLC $2.6B — — — n/m — 79.13% (128.01%) Compare
EFXT Enerflex Ltd. $2.4B 33.4× — −19.82% (below 0%: shrinking) +50.13% (above 0%: growing) +147.62% (above 0%: growing) 22.79% 12.36%
WTTR Select Water Solutions, Inc. $2.1B 60.1× 30.1× +8.67% (above 0%: growing) +70.00% (above 0%: growing) +56.98% (above 0%: growing) 19.41% 8.68% Compare
NESR National Energy Services Reunited $2.0B 21.2× 12.6× +59.07% (above 0%: growing) +175.00% (above 0%: growing) +45.79% (above 0%: growing) 15.61% 12.45% Compare
LBRT Liberty Energy Inc. $2.0B 49.8× 68.8× +26.26% (above 0%: growing) n/m −548.07% (below 0%: shrinking) 16.81% 1.61% Compare
FLOC Flowco Holdings Inc. $1.8B 9.7× 12.9× +46.16% (above 0%: growing) +99.50% (above 0%: growing) +348.21% (above 0%: growing) 53.01% 18.53% Compare
INVX Innovex International, Inc. $1.8B 35.9× 27.5× +10.44% (above 0%: growing) −33.33% (below 0%: shrinking) −74.11% (below 0%: shrinking) 36.17% 12.20% Compare
NEXT NextDecade Corporation $1.6B 4.8× — — n/m +24.70% (above 0%: growing) 0.00% 0.00% Compare
Median of peers $2.0B 35.9× 28.8× +36.21% +84.75% +45.79% 18.11% 10.44%

All 48 Oil & Gas Equipment & Services stocks →

Enerflex Ltd. (EFXT) Latest News

30 Oct

Impact 3 · · MarketBeat transcript

29 Oct

Impact 4 · · The Motley Fool transcript
Impact 3 · · Associated Press

27 Oct

8 Aug

Impact 3 · · MarketBeat transcript

6 Aug

Impact 3 · · The Motley Fool transcript

15 May

Impact 3 · · Simply Wall St.

10 May

Impact 4 · · MarketBeat

23 Apr

16 Apr

EFXT metrics, ten years each

stockrow.com/EFXT · Data as of Nov 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com