Employees: 2,384
Size Total Energy Services (TOT.TO) is a Canada Energy company (Oilfield Services/Equipment) with a market value of $851M, the 266th largest of 420 Canada companies the cockpit tracks. Shares closed at C$32.76 on 6 Nov 2026.
Performance Over six months the shares gained 41.3%, against -25.2% for the median peer and +5.2% for the Canada market (cap-weighted) — 2nd highest of 20 in its peer set.
Growth Revenue grew 21.7% over the last twelve months (peer median -6.4%); the operating margin is 8.6% (peer median 2.9%).
Valuation It trades at 9.7× forward earnings against a peer median of 16.2× (3rd cheapest of 16).
Price implies For today's price to make sense, revenue must grow about 4% a year for seven years (Req g). Recent delivered growth is +24%, so the hurdle is -20 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 3.0 points above its cost of capital (9.0% WACC).
Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | C$1.21B | C$1.06B | C$907M | C$892M | C$760M |
| Revenue growth | — | +17% | +2% | +17% | — |
| Gross profit | C$171M | C$152M | C$135M | C$133M | C$91.2M |
| EBITDA | C$198M | C$184M | C$172M | C$165M | C$129M |
| Net income | C$89.0M | C$74.2M | C$60.8M | C$41.6M | C$38.0M |
| Free cash flow | C$92.8M | C$101M | C$56.6M | C$64.1M | C$79.2M |
| Capital expenditure | C$98.7M | C$93.7M | C$91.1M | C$75.2M | C$56.7M |
| Total debt | C$51.2M | C$82.1M | C$126M | C$109M | C$135M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | TOT.TO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -4.0% | -11.3% | 6th highest of 21 |
| 6-month return | +41.3% | -25.2% | 2nd highest of 20 |
| Distance from 52-week high | -19.4% | -49.8% | 4th highest of 21 |
| Revenue growth (TTM) | +21.7% | -6.4% | 3rd highest of 21 |
| Operating margin | 8.6% | 2.9% | 6th highest of 21 |
| Forward P/E | 9.7× | 16.2× | 3rd cheapest of 16 |
| Growth the price implies (Req g, 7 yrs) | 3.7% | -1.1% | 5th most demanding of 12 |
| Growth delivered (Del g) | +23.8% | +9.6% | 2nd highest of 12 |
| Hurdle (Req g minus delivered) | -20.2 pp | -5.6 pp | 3rd least demanding of 12 |
| ROIC minus cost of capital | +3.0 pp | -4.2 pp | 3rd highest of 21 |
| EV / EBITDA | 6.0× | 6.9× | 7th cheapest of 14 |
| Net debt / EBITDA | 0.0× | 1.4× | 3rd least indebted of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Total Energy Services TOT.TO | Canada | $851M | +41% | +22% | 9% | 9.7× | 3.7% | +23.8% |
| Bomesc Offshore Engineering 603727.SS | China | $823M | +6% | -12% | -7% | 249.4× | -9.1% | -6.1% |
| Flotek Industries FTK | United States | $886M | +45% | +59% | 13% | 21.9× | n/a | n/a |
| Forum Energy Technologies FET | United States | $800M | +30% | +11% | 7% | 12.9× | 3.5% | +9.1% |
| ProPetro PUMP | United States | $785M | -59% | -6% | 0% | 35.1× | n/a | n/a |
| Viridien VIRI.PA | France | $763M | -16% | -14% | 11% | 22.9× | -2.9% | +4.1% |
| Hunting HTG.L | United Kingdom | $714M | -25% | -12% | 7% | 14.3× | 17.8% | +9.6% |
| Toyo Engineering 6330.T | Japan | $711M | -16% | -31% | -10% | 14.2× | -2.1% | -0.1% |
| Shandong Molong Petroleum Machinery 002490.SZ | China | $704M | -33% | +51% | 0% | n/a | n/a | n/a |
| Atlas Energy Solutions AESI | United States | $678M | -71% | -4% | -11% | n/a | n/a | n/a |
| Haimo Technologies 300084.SZ | China | $667M | -31% | -7% | -12% | n/a | n/a | n/a |
| Ashtead Technology AT..L | United Kingdom | $660M | +26% | +9% | 26% | 16.2× | -5.5% | +36.8% |
| Jiangsu Hongtian Technology 603800.SS | China | $1.11B | -32% | -27% | -15% | 62.3× | 32.4% | +5.1% |
| RPC RES | United States | $1.18B | -22% | +18% | 3% | 17.9× | 12.2% | +22.1% |
| Hornbeck Offshore Services HOS | United States | $1.18B | n/a | +2% | 8% | 8.6× | -1.1% | +12.0% |
| Dalipal 1921.HK | Hong Kong | $603M | -29% | +3% | 3% | 14.5× | n/a | n/a |
| BW Energy BWE.OL | Norway | $1.30B | -15% | -25% | 26% | 13.1× | n/a | n/a |
| Nanjing Develop Advanced Manufacturing Co. Ltd. Class 1 688377.SS | China | $554M | -52% | 0% | 9% | 30.2× | 7.5% | +11.4% |
| ProFrac ACDC | United States | $547M | -55% | -16% | -11% | n/a | n/a | n/a |
| Calfrac Well Services CFW.TO | Canada | $506M | +36% | -15% | 6% | 7.2× | -10.9% | +14.5% |
| China Oil HBP Science & Technology 002554.SZ | China | $502M | -28% | -29% | -17% | n/a | n/a | n/a |