Step Energy Services Ltd
TSX:STEP

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Step Energy Services Ltd
TSX:STEP
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Price: 5.49 CAD -0.18% Market Closed
Market Cap: CA$400.1m

Operating Margin

4.9%
Current
Declining
by 2.8%
vs 3-y average of 7.7%

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
4.9%
=
Operating Income
CA$44.4m
/
Revenue
CA$910.4m

Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.

Operating Margin
4.9%
=
Operating Income
CA$44.4m
/
Revenue
CA$910.4m

Peer Comparison

Country Company Market Cap Operating
Margin
CA
Step Energy Services Ltd
TSX:STEP
400.1m CAD
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US
Schlumberger NV
NYSE:SLB
76.8B USD
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US
Baker Hughes Co
NASDAQ:BKR
60.3B USD
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US
Halliburton Co
NYSE:HAL
32.6B USD
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LU
Tenaris SA
MIL:TEN
26.4B EUR
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UK
TechnipFMC PLC
NYSE:FTI
27.7B USD
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CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
99.1B CNY
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UK
Subsea 7 SA
OSE:SUBC
86.3B NOK
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IT
Saipem SpA
MIL:SPM
7.5B EUR
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CN
Sinopec Oilfield Service Corp
SSE:600871
53.8B CNY
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FR
Technip Energies NV
PAR:TE
6.4B EUR
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Market Distribution

In line with most companies in Canada
Percentile
61th
Based on 4 855 companies
61th percentile
4.9%
Low
-4 710 029.9% — -65.8%
Typical Range
-65.8% — 11%
High
11% — 71 100%
Distribution Statistics
Canada
Min -4 710 029.9%
30th Percentile -65.8%
Median -2.4%
70th Percentile 11%
Max 71 100%

Step Energy Services Ltd
Glance View

Market Cap
400.1m CAD
Industry
N/A

STEP Energy Services Ltd. engages in the provision of specialized and fully integrated coiled tubing and fracturing solutions to service oil and natural gas wells. The company is headquartered in Calgary, Alberta. The company went IPO on 2017-05-02. The firm specializes in coiled tubing and associated pumping and support equipment to service the deep horizontal well market in Western Canada and south Texas, the United States. Along with coiled tubing solutions, the Company offers fracturing solutions; STEP-PLEX agents as blocking agents for fluid loss prevention, bridging, loss circulation prevention, conductivity improvement and fracture fluid diverting; chemical laboratory solutions, such as stimulation chemistry in fracturing, acidizing and production enhancement; fluid pumping services for both coiled tubing operations and standalone projects, as well as nitrogen (N2) pumping solutions and services.

STEP Intrinsic Value
LOCKED
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What is Operating Margin?
Operating Margin shows how much profit a company makes from its regular business activities after covering operating costs. It helps measure how efficiently the company turns sales into profit.
How is Operating Margin calculated?

Operating Margin is calculated by dividing the Operating Income by the Revenue.

Operating Margin
4.9%
=
Operating Income
CA$44.4m
/
Revenue
CA$910.4m
What is Step Energy Services Ltd's current Operating Margin?

The current Operating Margin for Step Energy Services Ltd is 4.9%, which is below its 3-year median of 7.7%.

How has Operating Margin changed over time?

Over the last 3 years, Step Energy Services Ltd’s Operating Margin has decreased from 7.7% to 4.9%. During this period, it reached a low of 0.3% on Jun 30, 2025 and a high of 13.9% on Mar 31, 2023.

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