Ring Energy, Inc. (REI) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
Loading revenue history...
REI Revenue Growth
Revenue Breakdown (FY 2025)
REI's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
REI Revenue Analysis (2014–2025)
As of May 6, 2026, Ring Energy, Inc. (REI) generated trailing twelve-month (TTM) revenue of $307.2 million, reflecting significant decline in growth of -19.8% year-over-year. The most recent quarter (Q4 2025) recorded $66.9 million in revenue, down 14.9% sequentially.
Looking at the longer-term picture, REI's 5-year compound annual growth rate (CAGR) stands at +22.1%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $366.3 million in 2024.
Revenue diversification analysis shows REI's business is primarily driven by Reportable Segment (100%). With over half of revenue concentrated in Reportable Segment, the company maintains significant focus in this area while developing other growth vectors.
When compared to Energy sector peers including CIVI (-6.6% YoY), BATL (-14.9% YoY), and TPVG, REI has underperformed the peer group in terms of revenue growth. Compare REI vs CIVI →
REI Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| REICurrent | $307M | -19.8% | +22.1% | 24.2% | |
 CIVI | $5.2B | -6.6% | +75.4% | 29.0% | |
 BATL | $165M | -14.9% | +2.2% | -4.0% | |
 TPVG | $97M | - | - | 77.9% | |
 MTDR | $3.7B | +6.2% | +34.0% | 33.2% | |
 KLXE | $637M | -10.3% | +18.1% | -4.8% |
REI Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $307.2M | -16.1% | $186.5M | 60.7% | $74.5M | 24.2% |
| 2024 | $366.3M | +1.5% | $163.9M | 44.7% | $132.9M | 36.3% |
| 2023 | $361.1M | +4.0% | $176.4M | 48.9% | $145.8M | 40.4% |
| 2022 | $347.2M | +76.9% | $219.8M | 63.3% | $191.7M | 55.2% |
| 2021 | $196.3M | +73.7% | $112.6M | 57.3% | $95.8M | 48.8% |
| 2020 | $113.0M | -42.2% | $27.8M | 24.6% | $-268,661,466 | -237.7% |
| 2019 | $195.7M | +63.0% | $80.9M | 41.4% | $60.1M | 30.7% |
| 2018 | $120.1M | +80.0% | $47.6M | 39.7% | $20.0M | 16.6% |
| 2017 | $66.7M | +116.2% | $27.1M | 40.6% | $16.0M | 23.9% |
| 2016 | $30.9M | -0.5% | $8.0M | 25.9% | $-57,032,761 | -184.9% |
See REI's True Return
Price is only half the story. See total return with reinvested dividends.
Launch CalculatorIs REI Undervalued?
DCF intrinsic value, peer multiples, and analyst estimates — see what the stock is really worth.
View ValuationCompare REI vs XOM
Side-by-side business, growth, and profitability comparison vs Exxon Mobil Corporation.
Start ComparisonREI — Frequently Asked Questions
Quick answers to the most common questions about buying REI stock.
Is REI's revenue growth accelerating or slowing?
REI revenue declined -19.8% year-over-year, contrasting with the 5-year CAGR of +22.1%. TTM revenue fell to $307M. This reverses the prior growth trend.
What is REI's long-term revenue growth rate?
Ring Energy, Inc.'s 5-year revenue CAGR of +22.1% reflects the variable expansion pattern. Current YoY growth of -19.8% is below this long-term average.
How is REI's revenue distributed by segment?
REI reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.