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

19.18 0.31 +1.64%
Market cap
$2.3B
P/E
32.7×
Fwd P/E
—
Dividend yield
0.65%
F-score
8/9
Altman Z
2.16
Beneish M
−3.01
Dividend safety
66/100

Enerflex Ltd. (EFXT) Piotroski F-score

Alert me on Piotroski F-score

Enerflex Ltd.'s Piotroski F-score for fiscal 2025 is 8 out of 9: 8 of nine tests of profitability, leverage and efficiency passed, up from 7 in fiscal 2024.

Piotroski F-score, annual

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Annual newest first

Period Piotroski F-score Change (points)
FY2025 8 1.00
FY2024 7 1.00
FY2023 6 3.00
FY2022 3 (1.00)
FY2021 4 (3.00)
FY2020 7 —

How fiscal 2025’s score is made up

Test This year Year before Result Points
Positive return on assets 2.33% 1.11% Pass 1
Positive operating cash flow 345.00m 324.00m Pass 1
Rising return on assets 2.33% 1.11% Pass 1
Cash flow above net income 281.00m 292.00m Pass 1
Falling long-term leverage 0.23 0.26 Pass 1
Rising current ratio 1.13 1.14 Fail 0
No new shares issued 122,866,000 124,023,900 Pass 1
Rising gross margin 22.64% 20.88% Pass 1
Rising asset turnover 0.94 0.84 Pass 1
Piotroski F-score Strong — most fundamentals improved 8

How the Piotroski F-score works

One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.

Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:

7–9Strong — most fundamentals improved
4–6Mixed
0–3Weak — most fundamentals deteriorated

Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.

Piotroski F-score against peers

What Piotroski F-score is

The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.

One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover

The full definition of Piotroski F-score →

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