Ring Energy, Inc. (REI) Financial Ratios
20 years of historical data (2006–2025) · Energy · Oil & Gas Exploration & Production
EV/EBITDA
↓
3.83
+15% vs avg
5yr avg: 3.35
30Y Low2.8·High77.8
P/FCF
↓
4.51
↓-39% vs avg
5yr avg: 7.33
30Y Low1.7·High14.2
P/B Ratio
↓
0.28
↓-40% vs avg
5yr avg: 0.47
30Y Low0.2·High15.2
ROE
↓
-4.1%
↑-142% vs avg
5yr avg: 9.7%
30Y Low-62%·High29%
Debt/EBITDA
↑
2.46
↑+24% vs avg
5yr avg: 1.97
30Y Low0.7·High24.7
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
REI Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Ring Energy, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 4.5x P/FCF, 39% below the 5-year average of 7.3x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $239M | $180M | $272M | $285M | $349M | $276M | $48M | $176M | $309M | $734M | $503M |
| Enterprise Value | $661M | $602M | $660M | $715M | $764M | $567M | $359M | $535M | $345M | $719M | $432M |
| P/E Ratio → | -6.71 | — | 4.00 | 2.70 | 2.51 | 76.00 | — | 6.00 | 33.87 | 463.33 | — |
| P/S Ratio | 0.78 | 0.59 | 0.74 | 0.79 | 1.00 | 1.41 | 0.43 | 0.90 | 2.57 | 11.00 | 16.30 |
| P/B Ratio | 0.28 | 0.22 | 0.32 | 0.36 | 0.53 | 0.92 | 0.16 | 0.34 | 0.67 | 2.06 | 1.73 |
| P/FCF | 4.51 | 3.40 | 7.15 | 6.64 | 5.30 | 14.18 | 1.70 | — | — | — | — |
| P/OCF | 1.58 | 1.19 | 1.40 | 1.44 | 1.77 | 3.80 | 0.67 | 1.65 | 4.39 | 17.15 | 44.84 |
P/E links to full P/E history page with 30-year chart
REI EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Ring Energy, Inc.'s enterprise value stands at 3.8x EBITDA, 15% above its 5-year average of 3.3x. The Energy sector median is 7.8x, placing the stock at a 51% discount 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 | — | 1.96 | 1.80 | 1.98 | 2.20 | 2.89 | 3.18 | 2.74 | 2.88 | 10.78 | 14.00 |
| EV / EBITDA | 3.83 | 3.49 | 2.85 | 3.05 | 3.09 | 4.26 | — | 4.56 | 5.79 | 19.40 | — |
| EV / EBIT | 8.87 | 8.09 | 5.03 | 4.80 | 4.49 | 31.65 | — | 9.37 | 26.82 | 59.08 | — |
| EV / FCF | — | 11.38 | 17.32 | 16.64 | 11.62 | 29.07 | 12.69 | — | — | — | — |
REI Profitability
Margins and return-on-capital ratios measuring operating efficiency
Ring Energy, Inc. earns an operating margin of 24.2%, above the Energy sector average of 13.8%. Operating margins have compressed from 40.4% to 24.2% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -4.1% indicates the company is currently destroying shareholder equity. ROIC of 4.5% 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 | 60.7% | 60.7% | 44.7% | 48.9% | 63.3% | 57.3% | 24.6% | 41.4% | 39.7% | 40.6% | 25.9% |
| Operating Margin | 24.2% | 24.2% | 36.3% | 40.4% | 55.2% | 48.8% | -237.7% | 30.7% | 16.6% | 23.9% | -184.9% |
| Net Profit Margin | -11.3% | -11.3% | 18.4% | 29.0% | 39.9% | 1.7% | -224.2% | 15.1% | 7.5% | 2.6% | -122.0% |
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 | -4.1% | -4.1% | 8.2% | 14.5% | 28.8% | 1.1% | -61.9% | 6.0% | 2.2% | 0.5% | -15.8% |
| ROA | -2.4% | -2.4% | 4.8% | 7.9% | 14.2% | 0.5% | -31.0% | 3.8% | 1.8% | 0.5% | -13.5% |
| ROIC | 4.5% | 4.5% | 8.1% | 9.5% | 17.2% | 12.0% | -27.1% | 6.5% | 3.6% | 4.3% | -19.1% |
| ROCE | 5.5% | 5.5% | 10.4% | 12.2% | 22.1% | 15.5% | -34.9% | 8.4% | 4.5% | 4.8% | -21.2% |
REI Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Ring Energy, Inc. carries a Debt/EBITDA ratio of 2.5x, which is manageable (6% below the sector average of 2.6x). Net debt stands at $422M ($423M total debt minus $902913 cash). Interest coverage of just 1.8x 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 | 0.51 | 0.51 | 0.45 | 0.55 | 0.63 | 0.97 | 1.07 | 0.70 | 0.09 | — | — |
| Debt / EBITDA | 2.46 | 2.46 | 1.68 | 1.83 | 1.69 | 2.20 | — | 3.15 | 0.66 | — | — |
| Net Debt / Equity | — | 0.51 | 0.45 | 0.55 | 0.63 | 0.97 | 1.06 | 0.69 | 0.08 | -0.04 | -0.24 |
| Net Debt / EBITDA | 2.45 | 2.45 | 1.67 | 1.83 | 1.68 | 2.18 | — | 3.06 | 0.61 | -0.41 | — |
| Debt / FCF | — | 7.98 | 10.17 | 10.00 | 6.32 | 14.89 | 10.99 | — | — | — | — |
| Interest Coverage | 1.84 | 1.84 | 3.03 | 3.39 | 7.35 | 1.24 | -13.72 | 4.12 | 30.09 | — | -87.79 |
REI Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.61x is below 1.0, meaning current liabilities exceed current assets. The current ratio has improved from 0.49x to 0.61x 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 | 0.61 | 0.61 | 0.48 | 0.49 | 0.45 | 0.39 | 0.56 | 0.66 | 0.32 | 0.60 | 8.27 |
| Quick Ratio | 0.56 | 0.56 | 0.44 | 0.44 | 0.38 | 0.39 | 0.56 | 100.35 | 0.32 | 0.60 | 8.27 |
| Cash Ratio | 0.01 | 0.01 | 0.02 | 0.00 | 0.03 | 0.03 | 0.10 | 0.17 | 0.06 | 0.31 | 7.81 |
| Asset Turnover | — | 0.20 | 0.26 | 0.26 | 0.27 | 0.29 | 0.17 | 0.20 | 0.21 | 0.16 | 0.10 |
| Inventory Turnover | 22.72 | 22.72 | 50.00 | 30.09 | 13.77 | — | — | — | — | — | — |
| Days Sales Outstanding | — | 38.69 | 37.12 | 41.84 | 45.65 | 49.20 | 54.33 | 46.11 | 40.19 | 76.00 | 46.23 |
REI Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Ring Energy, 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 | — | — | 25.0% | 37.0% | 39.8% | 1.3% | — | 16.7% | 3.0% | 0.2% | — |
| FCF Yield | 22.2% | 29.4% | 14.0% | 15.1% | 18.9% | 7.1% | 58.9% | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.3% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.3% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $207M | $200M | $195M | $142M | $121M | $73M | $67M | $61M | $53M | $39M |
Peer Comparison
Compare REI 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 |
|---|---|---|---|---|---|---|---|---|---|
 REIYou | $239M | -6.7 | 3.8 | 4.5 | 60.7% | 24.2% | -4.1% | 4.5% | 2.5 |
 CIVI | $2B | 3.2 | 1.9 | 2.6 | 41.2% | 29.0% | 13.1% | 10.8% | 1.3 |
 BATL | $20M | -0.5 | 4.0 | — | 10.8% | -4.0% | 6.3% | -1.5% | 4.2 |
 TPVG | $203M | 4.1 | 8.6 | — | 83.5% | 77.9% | 14.1% | 7.2% | 6.2 |
 MTDR | $6B | 8.1 | 4.0 | 25.5 | 43.7% | 32.5% | 13.3% | 10.5% | 1.5 |
 KLXE | $46M | -0.6 | 5.5 | — | 6.3% | -4.8% | — | -9.4% | 4.9 |
 VTLE | $693M | -3.8 | 4.5 | — | 31.4% | -1.2% | -6.3% | -0.3% | 3.6 |
 CRC | $5B | 13.3 | 4.2 | 9.0 | 39.6% | 23.6% | 10.1% | 13.8% | 0.9 |
 CTRA | $25B | 14.5 | 5.9 | 15.1 | 60.4% | 89.1% | 12.3% | 10.9% | 0.8 |
 SM | $3B | 4.8 | 2.5 | 5.4 | 31.9% | 26.1% | 14.3% | 8.9% | 1.1 |
 NOG | $2B | 49.8 | 3.1 | 8.1 | 32.2% | 29.3% | 1.7% | 10.0% | 1.7 |
| Energy Median | — | 15.5 | 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 · 20 years · Updated daily
Consensus-Based Analysis Tools
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
REI — Frequently Asked Questions
Quick answers to the most common questions about buying REI stock.
What is Ring Energy, Inc.'s P/E ratio?
Ring Energy, Inc.'s current P/E ratio is -6.7x. The historical average is 22.4x.
What is Ring Energy, Inc.'s EV/EBITDA?
Ring Energy, Inc.'s current EV/EBITDA is 3.8x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.5x.
What is Ring Energy, Inc.'s ROE?
Ring Energy, Inc.'s return on equity (ROE) is -4.1%. The historical average is -5.3%.
Is REI stock overvalued?
Based on historical data, Ring Energy, Inc. is trading at a P/E of -6.7x. Compare with industry peers and growth rates for a complete picture.
What are Ring Energy, Inc.'s profit margins?
Ring Energy, Inc. has 60.7% gross margin and 24.2% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Ring Energy, Inc. have?
Ring Energy, Inc.'s Debt/EBITDA ratio is 2.5x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.