Quarterly ResultAug 6, 2026, 05:19 PM
Enerflex Q2 2026 Adjusted EBITDA $128M; FCF $32M; ROCE 15.4%
AI Summary
Enerflex Ltd. reported Q2 2026 financial results with Adjusted EBITDA of $128 million and a significant increase in free cash flow to $32 million. While revenue and net earnings saw a year-over-year decrease, the company achieved a record $1.5 billion ES backlog, indicating strong future revenue generation. Enerflex also strengthened its financial position by reducing net debt and extending its revolving credit facility, alongside declaring a quarterly dividend.
Key Highlights
- Adjusted EBITDA was $128 million in Q2 2026, compared to $130 million in Q2 2025.
- Free cash flow increased to $32 million in Q2 2026, up from -$39 million in Q2 2025.
- Return on Capital Employed (ROCE) was 15.4% in Q2 2026, down from 16.4% in Q2 2025.
- ES backlog reached a record $1.5 billion at the end of Q2 2026, providing strong revenue visibility.
- Revenue for Q2 2026 was $582 million, compared to $615 million in Q2 2025.
- Net earnings were $30 million ($0.25 per share) in Q2 2026, down from $60 million ($0.49 per share) in Q2 2025.
- Net debt decreased to $455 million, a $153 million reduction from Q2 2025.
- Quarterly dividend of CAD $0.0425 per share declared, payable September 2, 2026.
Price Impact
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