Dexterra Group (TSE:DXT)
TSX:DXT
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Earnings Data
Report Date
Aug 11, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.17Last Year’s EPS
0.19Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a predominantly positive operational and financial picture: revenue and adjusted EBITDA grew materially (15% and 32% respectively), margins expanded across segments, acquisitions (Right Choice and PVC) are integrating well and contributing to growth, and ROE exceeded target. Key near-term weaknesses included low Q1 free cash flow (impacted by one-time incentive payments and seasonality), an ongoing insurance settlement from a camp fire, modest year-over-year ABS revenue growth (1.2%), and exposure to potential inflationary pressures. Management expects improved free cash flow conversion and debt reduction in the back half of 2026 and remains confident in the growth pipeline and balance sheet, so the positive operational momentum and financial performance outweigh the manageable near-term headwinds.Company Guidance
Revenue Growth
Total revenue of $275 million in Q1 2026, up 15% year-over-year, reflecting broad demand across Support Services and Asset-Based Services.
Strong EBITDA Improvement
Adjusted EBITDA of $33 million in Q1 2026, up 32% year-over-year, with adjusted EBITDA margin rising to 12.0% from 10.5% in Q1 2025.
Adjusted Net Earnings and ROE
Adjusted net earnings increased 10% in Q1 2026; trailing 12-month return on equity was 15.9%, exceeding the 15% target.
Support Services Performance
Support Services revenue of $234 million, up 18% year-over-year; adjusted EBITDA of $24 million, up 29%; Support Services margin improved to 10.4% from 9.5%.
Asset-Based Services Margin Expansion
Asset-Based Services revenue increased 1.2% year-over-year, rental revenue up 11% driven by higher utilization; adjusted EBITDA rose 18% to $16 million and ABS margin expanded to 38% from 33%.
Fleet Utilization and Deployment
Fleet utilization reported at ~85% with management targeting north of 90% as a strong utilization level; approximately 1,500–2,000 excess beds available for redeployment to new opportunities.
Acquisition Integration and Strategic Partnerships
Right Choice fully integrated into operations and performing in line with expectations; PVC (40% stake) contributed $1.5 million to adjusted EBITDA and is progressing as a growth platform (equity-accounted).
Balance Sheet and Capital Allocation
Net debt of $225 million and net debt to adjusted EBITDA of 1.7x (comfortable level); $425 million term loan matures in 2029 with significant unused capacity; dividend of $0.10 per share declared and NCIB renewal approved to repurchase ~3 million shares (subject to TSX).
Improving Cash Conversion Guidance
Management expects adjusted EBITDA conversion to free cash flow to exceed 50% annually (Q3 and Q4 expected to have highest conversion) and plans to reduce debt in the back half of 2026 absent M&A.
TSE:DXT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:DXT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | C$12.01 | C$12.39 | +3.16% |
Mar 03, 2026 | C$12.89 | C$11.79 | -8.54% |
Nov 04, 2025 | C$10.12 | C$10.34 | +2.24% |
Aug 05, 2025 | C$9.11 | C$9.37 | +2.88% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Dexterra Group (TSE:DXT) report earnings?
Dexterra Group (TSE:DXT) is schdueled to report earning on Aug 11, 2026, TBA (Confirmed).
What is Dexterra Group (TSE:DXT) earnings time?
Dexterra Group (TSE:DXT) earnings time is at Aug 11, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:DXT EPS forecast?
TSE:DXT EPS forecast for the fiscal quarter 2026 (Q2) is 0.17.