DRTTFOTCServices-Prepackaged SoftwareFiscal year ends December 31
DIRTT ENVIRONMENTAL SOLUTIONS LTD
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026
$0.57+0.01 (+1.59%)
Close on Oct 19, 2026
- Market cap
- $112.56M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2016 to 2025
Gross margin
32.8%+1.8 pts over 5 years
Operating margin
-6.7%+5.7 pts over 5 years
Net margin
-8.6%−2.0 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -3.1% | -0.6% | -0.3% | – | |
| Gross profit | -13.9% | +25.3% | +0.8% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -9.4% | -40.6% | |
| Return on assets | – | -6.3% | -13.1% | |
| Current ratio | – | 2.71 | 1.10 | |
| Debt to equity | – | 0.05 | 0.01 | |
| Net debt to EBITDA | – | 4.17× | 3.92× | |
| Interest coverage | – | -69.7× | -6.0× | |
| Inventory turnover | – | 7.0× | 7.3× | |
| Capex to revenue | – | 9.7% | 0.9% | |
| Diluted shares | – | 85M | 191M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Dirtt Environmental Solutions generated $97.83M from operations and spent $18.40M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$97.83M
Used
$18.40M
Capital expenditure$18.40M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-8.6%
×Asset turnover1.53×
×Equity multiplier3.10×
=Return on equity, FY2025-40.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -8.6% | 1.53× | 3.10× | -40.6% |
| FY2024 | 8.5% | 1.44× | 4.88× | 59.4% |
| FY2023 | -8.0% | 1.36× | 10.68× | -116.2% |
| FY2022 | -31.9% | 1.00× | 4.00× | -128.2% |
| FY2021 | -36.4% | 0.77× | 2.08× | -58.2% |
| FY2020 | -6.6% | 0.96× | 1.49× | -9.4% |
| FY2019 | -1.8% | 1.41× | 1.41× | -3.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$14.45M
- Cash generatingOperating cash flow above zero-$192.00K
- Return on assets improvedROA up on the prior year11.9% → -12.2%
- Earnings backed by cashOperating cash flow above net income-$192.00K vs -$14.45M
- Less leverageLong-term debt to assets fell18.6% → 0.2%
- Better liquidityCurrent ratio rose2.27 → 1.10
- No dilutionShare count did not rise240M → 191M
- Gross margin improvedGross margin up on the prior year36.93% → 32.84%
- More efficientAsset turnover rose1.40 → 1.43