Nine Energy Service, Inc. (NINE) Financial Ratios
11 years of historical data (2015–2025) · Energy · Oil & Gas Equipment & Services
EV/EBITDA
↓
17.00
↓-45% vs avg
5yr avg: 30.94
30Y Low6.0·High25.7
P/FCF
N/A
—
5yr avg: 4.27
30Y Low4.3·High12.8
P/B Ratio
N/A
—
5yr avg: N/A
30Y Low0.6·High4.0
ROE
N/A
—
5yr avg: N/A
30Y Low-185%·High-11%
Debt/EBITDA
↓
7.65
↓-74% vs avg
5yr avg: 29.19
30Y Low4.1·High46.0
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
NINE Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Nine Energy Service, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $487M | $14M | $42M | $89M | $469M | $30M | $81M | $229M | $550M | — | — |
| Enterprise Value | $850M | $377M | $373M | $425M | $829M | $381M | $396M | $531M | $915M | — | — |
| P/E Ratio → | -9.00 | — | — | — | 32.29 | — | — | — | — | — | — |
| P/S Ratio | 0.87 | 0.03 | 0.08 | 0.15 | 0.79 | 0.09 | 0.26 | 0.28 | 0.67 | — | — |
| P/B Ratio | — | — | — | — | — | — | 3.96 | 0.59 | 0.93 | — | — |
| P/FCF | — | — | — | 4.27 | — | — | — | 6.31 | 12.82 | — | — |
| P/OCF | — | — | 3.16 | 1.96 | 28.11 | — | — | 2.26 | 6.14 | — | — |
P/E links to full P/E history page with 30-year chart
NINE EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Nine Energy Service, Inc.'s enterprise value stands at 17.0x EBITDA, 45% below its 5-year average of 30.9x. The Energy sector median is 7.8x, placing the stock at a 117% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.67 | 0.67 | 0.70 | 1.40 | 1.09 | 1.27 | 0.64 | 1.11 | — | — |
| EV / EBITDA | 17.00 | 7.54 | 6.32 | 6.00 | 8.96 | 125.86 | — | — | 25.75 | — | — |
| EV / EBIT | 2043.40 | 101.47 | 35.69 | 21.79 | 17.48 | — | — | — | — | — | — |
| EV / FCF | — | — | — | 20.31 | — | — | — | 14.62 | 21.30 | — | — |
NINE Profitability
Margins and return-on-capital ratios measuring operating efficiency
Nine Energy Service, Inc. earns an operating margin of 0.1%, below the Energy sector average of 13.8%. Operating margins have compressed from 2.9% to 0.1% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROIC of 0.1% represents below-average returns on invested capital versus a sector median of 6.2%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 10.7% | 10.7% | 10.9% | 12.8% | 16.2% | -1.0% | -12.9% | 11.3% | 15.0% | 6.1% | -10.0% |
| Operating Margin | 0.1% | 0.1% | 1.6% | 2.9% | 7.3% | -14.3% | -123.3% | -21.9% | -3.4% | -10.5% | -29.4% |
| Net Profit Margin | -9.1% | -9.1% | -7.4% | -5.3% | 2.4% | -18.5% | -121.9% | -26.1% | -6.4% | -12.4% | -25.1% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | — | — | — | -184.7% | -44.2% | -12.0% | -23.5% | -22.1% |
| ROA | -14.4% | -14.4% | -10.8% | -7.8% | 3.6% | -15.7% | -58.6% | -21.9% | -6.2% | -11.7% | -11.5% |
| ROIC | 0.1% | 0.1% | 2.4% | 4.1% | 10.1% | -11.6% | -55.9% | -16.6% | -2.9% | -8.2% | -11.2% |
| ROCE | 0.2% | 0.2% | 3.0% | 5.3% | 13.0% | -13.8% | -64.5% | -20.1% | -4.3% | -13.9% | -14.5% |
NINE Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Nine Energy Service, Inc. carries a Debt/EBITDA ratio of 7.7x, which is highly leveraged (194% above the sector average of 2.6x). Net debt stands at $363M ($383M total debt minus $20M cash). Interest coverage of just 0.1x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | — | — | — | — | — | — | 18.83 | 1.01 | 0.72 | 0.84 | 0.85 |
| Debt / EBITDA | 7.65 | 7.65 | 6.08 | 5.18 | 4.09 | 122.96 | — | — | 12.05 | 45.96 | — |
| Net Debt / Equity | — | — | — | — | — | — | 15.45 | 0.78 | 0.61 | 0.78 | 0.83 |
| Net Debt / EBITDA | 7.25 | 7.25 | 5.61 | 4.74 | 3.90 | 115.85 | — | — | 10.26 | 42.63 | — |
| Debt / FCF | — | — | — | 16.05 | — | — | — | 8.32 | 8.49 | — | — |
| Interest Coverage | 0.07 | 0.07 | 0.20 | 0.38 | 1.46 | -0.99 | -9.38 | -4.57 | -1.66 | -3.59 | -5.85 |
NINE Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.85x means Nine Energy Service, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 1.23x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has declined from 2.22x to 1.85x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.85 | 1.85 | 2.09 | 2.22 | 2.43 | 2.47 | 3.83 | 4.39 | 3.08 | 0.51 | 1.83 |
| Quick Ratio | 1.23 | 1.23 | 1.47 | 1.56 | 1.66 | 1.72 | 2.94 | 3.40 | 2.23 | 0.44 | 1.53 |
| Cash Ratio | 0.22 | 0.22 | 0.34 | 0.37 | 0.22 | 0.38 | 1.59 | 1.52 | 0.59 | 0.06 | 0.08 |
| Asset Turnover | — | 1.59 | 1.54 | 1.52 | 1.39 | 0.92 | 0.70 | 0.98 | 0.72 | 0.94 | 0.49 |
| Inventory Turnover | 8.87 | 8.87 | 9.72 | 9.75 | 8.02 | 8.37 | 9.14 | 12.12 | 7.69 | 22.97 | 20.47 |
| Days Sales Outstanding | — | 49.35 | 53.65 | 53.26 | 65.21 | 68.34 | 50.05 | 42.75 | 71.66 | 66.85 | 80.13 |
NINE Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Nine Energy Service, Inc. does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | 3.1% | — | — | — | — | — | — |
| FCF Yield | — | — | — | 23.4% | — | — | — | 15.9% | 7.8% | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.2% | 0.0% | 0.2% | — | — |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.2% | 0.0% | 0.2% | — | — |
| Shares Outstanding | — | $41M | $37M | $33M | $32M | $30M | $30M | $29M | $24M | $23M | $21M |
Peer Comparison
Compare NINE with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 NINEYou | $487M | -9.0 | 17.0 | — | 10.7% | 0.1% | — | 0.1% | 7.7 |
 PUMP | $2B | 1891.0 | 10.2 | 42.6 | 9.9% | 1.5% | 0.1% | 1.4% | 1.3 |
 ACDC | $1B | -2.6 | 7.8 | 56.0 | 3.7% | -6.9% | -37.7% | -4.6% | 4.0 |
 WTTR | $2B | 88.5 | 11.2 | — | 14.0% | 2.5% | 2.3% | 2.3% | 1.8 |
 KLXE | $46M | -0.6 | 5.5 | — | 6.3% | -4.8% | — | -9.4% | 4.9 |
 SLB | $72B | 20.5 | 11.1 | 15.1 | 18.2% | 15.3% | 13.5% | 12.1% | 1.7 |
 HAL | $29B | 23.3 | 10.3 | 17.4 | 15.7% | 10.2% | 12.2% | 10.2% | 2.4 |
 BKR | $58B | 22.5 | 12.9 | 22.8 | 23.6% | 12.8% | 14.4% | 12.7% | 1.5 |
 NCSM | $130M | 5.7 | 6.0 | 6.2 | 38.2% | 6.4% | 18.3% | 7.9% | 0.7 |
 FET | $584M | -63.6 | 14.8 | 9.1 | 27.7% | 2.4% | -3.2% | 2.8% | 4.4 |
 DVN | $26B | 10.0 | 4.5 | 8.4 | 24.7% | 22.0% | 17.5% | 12.3% | 1.2 |
| Energy Median | — | 15.4 | 7.8 | 13.8 | 33.7% | 13.8% | 7.2% | 6.2% | 2.6 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 11 years · Updated daily
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NINE — Frequently Asked Questions
Quick answers to the most common questions about buying NINE stock.
What is Nine Energy Service, Inc.'s P/E ratio?
Nine Energy Service, Inc.'s current P/E ratio is -9.0x. The historical average is 32.3x.
What is Nine Energy Service, Inc.'s EV/EBITDA?
Nine Energy Service, Inc.'s current EV/EBITDA is 17.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.9x.
Is NINE stock overvalued?
Based on historical data, Nine Energy Service, Inc. is trading at a P/E of -9.0x. Compare with industry peers and growth rates for a complete picture.
What are Nine Energy Service, Inc.'s profit margins?
Nine Energy Service, Inc. has 10.7% gross margin and 0.1% operating margin.
How much debt does Nine Energy Service, Inc. have?
Nine Energy Service, Inc.'s Debt/EBITDA ratio is 7.7x, indicating high leverage. A ratio above 4x may signal elevated financial risk.