Ensign Energy Services (TSX:ESI) Operating Margin %: 0.22% (As of Mar. 2026)


TSX:ESI Ensign Energy Services Inc TSX:ESI
77 GF Score
Price C$3.31
GF Value C$2.34
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Ensign Energy Services Operating Margin %?

Ensign Energy Services TSX:ESI -4.89% 77 Operating Margin % is 0.22% as of Mar. 2026. GuruFocus rates TSX:ESI with a GF Score™ of 77/100 and a GF Value™ of C$2.34 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 916 Oil & Gas companies, Ensign Energy Services ranks worse than 69.43% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Ensign Energy Services's Operating Income for the three months ended in Mar. 2026 was C$1 Mil. Ensign Energy Services's Revenue for the three months ended in Mar. 2026 was C$418 Mil. Therefore, Ensign Energy Services's Operating Margin % for the quarter that ended in Mar. 2026 was 0.22%.

The historical rank and industry rank for Ensign Energy Services's Operating Margin % or its related term are showing as below:

TSX:ESI' s Operating Margin % Range Over the Past 10 Years
Min: -20.36   Med: -3   Max: 10.08
Current: 1.24


TSX:ESI's Operating Margin % is ranked worse than
69.43% of 916 companies
in the Oil & Gas industry
Industry Median: 6.86 vs TSX:ESI: 1.24

Ensign Energy Services's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Ensign Energy Services's Operating Income for the three months ended in Mar. 2026 was C$1 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was C$20 Mil.


Ensign Energy Services  (TSX:ESI) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Ensign Energy Services Operating Margin % Related Terms


Ensign Energy Services Operating Margin % Historical Data

* Premium members only.

The historical data trend for Ensign Energy Services's Operating 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.

Ensign Energy Services Operating Margin % Chart

Ensign Energy Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.18 4.61 10.08 4.90 2.52

Ensign Energy Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating 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 5.06 -0.91 2.08 3.35 0.22

TSX:ESI vs NE, RIG, VAL: Operating Margin % Comparison

For the Oil & Gas Drilling subindustry, Ensign Energy Services's Operating Margin %, along with its competitors' market caps and Operating 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.


Ensign Energy Services Operating Margin % vs Oil & Gas Industry

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

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


TSX:ESI
77GF Score
Ensign Energy Services Inc TSX:ESI
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ensign Energy Services Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

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

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=41.309 / 1638.891
=2.52 %

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

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=0.926 / 418.033
=0.22 %

* 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 Operating Margin % →
What does a Operating Margin % of 0.22% mean?
Ensign Energy Services (TSX:ESI) has a Operating Margin % of 0.22% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Ensign Energy Services and its competitors. According to the industry distribution chart, Ensign Energy Services ranks #636 out of 916 companies in the Oil & Gas industry, placing it in the top 69.4%.
Is Ensign Energy Services' Operating Margin % too high?
Ensign Energy Services' current Operating Margin % is 0.22%. The Oil & Gas industry median Operating Margin % is 6.86. Ensign Energy Services' value of 0.22% is 96.8% below this industry median. Based on the distribution chart, Ensign Energy Services ranks #636 out of 916 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Ensign Energy Services has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ensign Energy Services' Operating Margin % compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Ensign Energy Services ranks #636 out of 916 companies for Operating Margin %. This places Ensign Energy Services in the lower half of its industry. The industry median Operating Margin % is 6.86. Ensign Energy Services' value of 0.22% is 96.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for an Oil & Gas company?
The median Operating Margin % among Oil & Gas companies is 6.86, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ensign Energy Services's current Operating Margin % of 0.22% is 96.8% below 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Ensign Energy Services and its competitors. For the Oil & Gas industry, the median Operating Margin % is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ensign Energy Services's current Operating Margin % is 0.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ensign Energy Services stock overvalued right now?
Based on GuruFocus' analysis, Ensign Energy Services (TSX:ESI) is currently considered Significantly Overvalued. The stock's GF Value™ is C$2.34, compared to a current price of C$3.31 — trading 41.5% above its estimated fair value. The current Operating Margin % is 0.22% and 96.8% below the Oil & Gas industry median of 6.86. Ensign Energy Services' overall GF Score™ is 77/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Ensign Energy Services (TSX:ESI), the current Operating Margin % is 0.22% 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 Ensign Energy Services (TSX:ESI) Overvalued in 2026?

Based on GuruFocus' analysis, Ensign Energy Services stock appears to be overvalued. The current stock price of C$3.31 is trading 41.5% above its estimated GF Value™ of C$2.34. GuruFocus considers Ensign Energy Services to be Significantly Overvalued.

Key valuation signals for TSX:ESI:

  • Operating Margin %: 0.22%
  • GF Value™: C$2.34 vs. price of C$3.31 (41.5% above fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 96.8% below the Oil & Gas median (#636 of 916)

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


Ensign Energy Services Business Description

Industry EnergyOil & Gas
Other Exchanges ESVIF:USAENB:Germany
Address 400, 5th Avenue South West, Suite 1000, Calgary, AB, CAN, T2P 0L6
Ensign Energy Services Inc provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. In Canada, the Company's oilfield services business includes drilling rigs, oil sands/coring rigs, well servicing, underbalanced and managed pressure drilling, and equipment rental services. In the United States, it offers drilling rigs, directional services, well servicing, equipment rental services, and trucking services, and Internationally. Geographically the company operates in nine countries; Canada, the United States, Argentina, Australia, Bahrain, Kuwait, Oman, United Arab Emirates, and Venezuela.
77GF Score

Get the complete analysis for TSX:ESI

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

C$3.31
Price
C$2.34
GF Value