STEP Energy Services Ltd.

TSX:STEP Stock Report

Market Cap: CA$313.4m

STEP Energy Services Past Earnings Performance

Past criteria checks 2/6

STEP Energy Services has been growing earnings at an average annual rate of 68.4%, while the Energy Services industry saw earnings growing at 55.7% annually. Revenues have been growing at an average rate of 16.9% per year. STEP Energy Services's return on equity is 10.2%, and it has net margins of 4.1%.

Key information

68.4%

Earnings growth rate

68.5%

EPS growth rate

Energy Services Industry Growth32.2%
Revenue growth rate16.9%
Return on equity10.2%
Net Margin4.1%
Next Earnings Update12 Mar 2025

Recent past performance updates

Recent updates

Improved Earnings Required Before STEP Energy Services Ltd. (TSE:STEP) Shares Find Their Feet

Jul 19
Improved Earnings Required Before STEP Energy Services Ltd. (TSE:STEP) Shares Find Their Feet

STEP Energy Services Ltd. (TSE:STEP) Shares Could Be 42% Below Their Intrinsic Value Estimate

Jun 11
STEP Energy Services Ltd. (TSE:STEP) Shares Could Be 42% Below Their Intrinsic Value Estimate

Returns Are Gaining Momentum At STEP Energy Services (TSE:STEP)

Apr 07
Returns Are Gaining Momentum At STEP Energy Services (TSE:STEP)

Sentiment Still Eluding STEP Energy Services Ltd. (TSE:STEP)

Mar 15
Sentiment Still Eluding STEP Energy Services Ltd. (TSE:STEP)

Earnings Miss: STEP Energy Services Ltd. Missed EPS By 14% And Analysts Are Revising Their Forecasts

Mar 15
Earnings Miss: STEP Energy Services Ltd. Missed EPS By 14% And Analysts Are Revising Their Forecasts

Is STEP Energy Services (TSE:STEP) Using Too Much Debt?

Dec 13
Is STEP Energy Services (TSE:STEP) Using Too Much Debt?

STEP Energy Services (TSE:STEP) Is Very Good At Capital Allocation

Sep 02
STEP Energy Services (TSE:STEP) Is Very Good At Capital Allocation

Return Trends At STEP Energy Services (TSE:STEP) Aren't Appealing

May 30
Return Trends At STEP Energy Services (TSE:STEP) Aren't Appealing

Is STEP Energy Services (TSE:STEP) A Risky Investment?

Apr 17
Is STEP Energy Services (TSE:STEP) A Risky Investment?

STEP Energy Services (TSE:STEP) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Nov 09
STEP Energy Services (TSE:STEP) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

These 4 Measures Indicate That STEP Energy Services (TSE:STEP) Is Using Debt Extensively

Aug 01
These 4 Measures Indicate That STEP Energy Services (TSE:STEP) Is Using Debt Extensively

New Forecasts: Here's What Analysts Think The Future Holds For STEP Energy Services Ltd. (TSE:STEP)

May 21
New Forecasts: Here's What Analysts Think The Future Holds For STEP Energy Services Ltd. (TSE:STEP)

Is STEP Energy Services (TSE:STEP) A Risky Investment?

Sep 28
Is STEP Energy Services (TSE:STEP) A Risky Investment?

Is STEP Energy Services (TSE:STEP) Using Debt In A Risky Way?

May 17
Is STEP Energy Services (TSE:STEP) Using Debt In A Risky Way?

Revenue & Expenses Breakdown

How STEP Energy Services makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TSX:STEP Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,00341410
30 Jun 241,00267440
31 Mar 241,00372440
31 Dec 2394650370
30 Sep 231,00272420
30 Jun 2399282380
31 Mar 231,033105460
31 Dec 2298995560
30 Sep 2289672500
30 Jun 2278438490
31 Mar 22619-11400
31 Dec 21536-28330
30 Sep 21449-39310
30 Jun 21378-45310
31 Mar 21311-75280
31 Dec 20369-119280
30 Sep 20424-127290
30 Jun 20540-230310
31 Mar 20686-195360
31 Dec 19668-144350
30 Sep 19711-178390
30 Jun 19773-56390
31 Mar 19771-58380
31 Dec 18782-39370
30 Sep 1876737320
30 Jun 1870256270
31 Mar 1862367240
31 Dec 1755358210
30 Sep 1746338190
30 Jun 173468170
31 Mar 17260-2140
31 Dec 16169-20150
30 Sep 16140-21130
31 Dec 15115-690
31 Dec 141321380

Quality Earnings: STEP has high quality earnings.

Growing Profit Margin: STEP's current net profit margins (4.1%) are lower than last year (7.2%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: STEP has become profitable over the past 5 years, growing earnings by 68.4% per year.

Accelerating Growth: STEP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: STEP had negative earnings growth (-43.2%) over the past year, making it difficult to compare to the Energy Services industry average (-11.9%).


Return on Equity

High ROE: STEP's Return on Equity (10.2%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/30 06:12
End of Day Share Price 2025/01/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

STEP Energy Services Ltd. is covered by 15 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jim ByrneAcumen Capital Finance Partners Limited
Waqar SyedATB Capital Markets
Tim MonachelloATB Capital Markets