Enerflex Ltd. Announces Fourth Quarter 2025 Financial and Operational Results, Agreement to Divest Non-Core Business and Provides Preliminary Outlook for 2026

February 26, 2026 - 03:30

Enerflex Ltd. has announced robust financial and operational results for the fourth quarter of 2025, highlighted by significant cash generation and a strategic move to streamline its global portfolio. The company reported Adjusted EBITDA of $123 million and record free cash flow of $141 million for the period. This strong financial performance enabled substantial debt reduction, with net debt lowered to $501 million, representing approximately 1.0 times trailing twelve-month Adjusted EBITDA.

Operationally, Enerflex enters the new year with considerable visibility, supported by a combined Engineered Systems backlog of $1.1 billion and an Energy Infrastructure backlog of $1.3 billion. In a key strategic decision, the company has signed an agreement to divest its operations in the Asia Pacific region. This move is part of ongoing efforts to optimize and simplify the business, allowing for a sharper focus on core markets and operations.

Looking ahead to 2026, Enerflex has provided a preliminary outlook that includes targeted capital expenditures between $175 million and $195 million. This planned investment is strategically allocated, with $90 to $100 million earmarked specifically for growth initiatives. This balanced approach underscores the company's commitment to maintaining financial discipline while funding future expansion in its core service areas. The results and strategic actions position Enerflex to build on its momentum in the coming year.