Source Energy Services (TSX:SHLE) EBITDA Margin %: 14.13% (As of Mar. 2026) — 19% Above Median


TSX:SHLE Source Energy Services Ltd TSX:SHLE
69 GF Score
Price C$13.62
GF Value C$12.84
Valuation Fairly Valued
! 7 Warning Signs
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What is Source Energy Services EBITDA Margin %?

Source Energy Services TSX:SHLE -0.37% 69 EBITDA Margin % is 14.13% as of Mar. 2026, which is 19% above its 10-year median of 11.83. GuruFocus rates TSX:SHLE with a GF Score™ of 69/100 and a GF Value™ of C$12.84 (Fairly Valued). The stock has 7 warning signs investors should review. Among 916 Oil & Gas companies, Source Energy Services ranks better than 52.07% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Source Energy Services's EBITDA for the three months ended in Mar. 2026 was C$22.6 Mil. Source Energy Services's Revenue for the three months ended in Mar. 2026 was C$160.2 Mil. Therefore, Source Energy Services's EBITDA margin for the quarter that ended in Mar. 2026 was 14.13%.


Source Energy Services  (TSX:SHLE) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Source Energy Services EBITDA Margin % Related Terms


Source Energy Services EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Source Energy Services's EBITDA Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Source Energy Services EBITDA Margin % Chart

Source Energy Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.33 13.20 38.96 15.29 19.01

Source Energy Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBITDA Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.86 20.31 12.56 14.90 14.13

TSX:SHLE vs SLB, BKR, HAL: EBITDA Margin % Comparison

For the Oil & Gas Equipment & Services subindustry, Source Energy Services's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Source Energy Services EBITDA Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Source Energy Services's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Source Energy Services's EBITDA Margin % falls into.


TSX:SHLE
69GF Score
Source Energy Services Ltd TSX:SHLE
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Source Energy Services EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Source Energy Services's EBITDA Margin % for the fiscal year that ended in Dec. 2025 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=133.116/700.305
=19.01 %

Source Energy Services's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=22.634/160.223
=14.13 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBITDA Margin % →
What does a EBITDA Margin % of 14.13% mean?
Source Energy Services (TSX:SHLE) has a EBITDA Margin % of 14.13% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Source Energy Services and its competitors. This is 19% above median its historical median of 11.83. According to the industry distribution chart, Source Energy Services ranks #439 out of 916 companies in the Oil & Gas industry, placing it in the top 47.9%.
Is Source Energy Services' EBITDA Margin % too high?
Source Energy Services' current EBITDA Margin % of 14.13% is 19% above median its 10-year median of 11.83. The Oil & Gas industry median EBITDA Margin % is 13.80. Source Energy Services' value of 14.13% is 2.4% above this industry median. Based on the distribution chart, Source Energy Services ranks #439 out of 916 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Source Energy Services has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Source Energy Services' EBITDA Margin % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Source Energy Services ranks #439 out of 916 companies for EBITDA Margin %. This puts Source Energy Services in the upper half of its industry. The industry median EBITDA Margin % is 13.80. Source Energy Services' value of 14.13% is 2.4% above this benchmark. While the company's 10-year median is 11.83 vs. the industry median of 13.80, Source Energy Services has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for an Oil & Gas company?
The median EBITDA Margin % among Oil & Gas companies is 13.80, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Source Energy Services's current EBITDA Margin % of 14.13% is 2.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Source Energy Services and its competitors. For the Oil & Gas industry, the median EBITDA Margin % is 13.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Source Energy Services's current EBITDA Margin % is 14.13%, which is 19% above median its own 10-year median of 11.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Source Energy Services stock overvalued right now?
Based on GuruFocus' analysis, Source Energy Services (TSX:SHLE) is currently considered Fairly Valued. The stock's GF Value™ is C$12.84, compared to a current price of C$13.62 — trading 6.1% above its estimated fair value. The current EBITDA Margin % is 14.13%, which is 19% above median its 10-year median of 11.83 and 2.4% above the Oil & Gas industry median of 13.80. Source Energy Services' overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Source Energy Services (TSX:SHLE), the current EBITDA Margin % is 14.13% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Source Energy Services (TSX:SHLE) Overvalued in 2026?

Based on GuruFocus' analysis, Source Energy Services stock appears to be overvalued. The current stock price of C$13.62 is trading 6.1% above its estimated GF Value™ of C$12.84. GuruFocus considers Source Energy Services to be Fairly Valued.

Key valuation signals for TSX:SHLE:

  • EBITDA Margin %: 14.13% (19% above median its 10-year median of 11.83)
  • GF Value™: C$12.84 vs. price of C$13.62 (6.1% above fair value)
  • GF Score™: 69/100 with 7 warning signs
  • Industry Position: 2.4% above the Oil & Gas median (#439 of 916)

No single metric tells the full story. See the TSX:SHLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Source Energy Services Business Description

Industry EnergyOil & Gas
Other Exchanges SCEYF:USAS4O0:Germany
Address 438, 11th Avenue SE, Suite 500, Calgary, AB, CAN, T2G 0Y4
Source Energy Services Ltd is a Canada-based company engaged in the integrated production and distribution of frac sand as well as the distribution of other bulk oil and gas well completion materials that aren't produced by Source. It provides customers with an end-to-end solution for frac sand supported by its Wisconsin, United States, and Peace River, Alberta, Canada mines and processing facilities, its Western Canadian terminal network, and its last-mile logistics capabilities, including its trucking operations, and Sahara, a proprietary well site mobile sand storage and handling system. The geographical segments of the group are the USA Operations and Canadian Operations.
69GF Score

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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$13.62
Price
C$12.84
GF Value