Ranger Energy Services, Inc. (RNGR) 10-Year Financial Performance & Capital Metrics

RNGR • • Industrial / General

EnergyOilfield ServicesCompletion & Production EquipmentProduction Equipment & Services

AboutRanger Energy Services, Inc. provides onshore high specification well service rigs, wireline completion services, and complementary services to exploration and production companies in the United States. It operates through three segments: High Specification Rigs, Wireline Services, and Processing Solutions and Ancillary Services. The High Specification Rigs segment offers well service rigs and complementary equipment and services to facilitate operations throughout the lifecycle of a well; and well maintenance services. This segment also has a fleet of 540 well service rigs. The Wireline Services segment provides wireline production and intervention services to provide information to identify and resolve well production problems through cased hole logging, perforating, mechanical, and pipe recovery services; wireline completion services are used primarily for pump-down perforating operations to create perforations or entry holes through the production casing; and pumping services. This segment also has a fleet of 68 wireline units and four high-pressure pump trucks. The Processing Solutions and Ancillary Services segment rents well service-related equipment consisting of fluid pumps, power swivels, well control packages, hydraulic catwalks, frac tanks, pipe racks, and pipe handling tools; decommissioning services; fluid management services; offers proprietary and modular equipment for the processing of natural gas; coil tubing services; and snubbing services. This segment also engages in the rental, installation, commissioning, start up, operation, and maintenance of mechanical refrigeration units, nitrogen gas liquid stabilizer units, nitrogen gas liquid storage units, and related equipment. Ranger Energy Services, Inc. was incorporated in 2014 and is based in Houston, Texas.Show more

Revenue $571M -10.3%
EBITDA $73M -5.3%
Net Income $18M -22.7%
EPS (Diluted) 0.81 -14.7%
Gross Margin 9.49% -7.1%
EBITDA Margin 12.73% +5.5%
Operating Margin 5.01% -13.6%
Net Margin 3.22% -13.8%
ROE 6.74% -23.8%
ROIC 7.71% -16.1%
Debt/Equity 0.12 -1.0%
Interest Coverage 11.00 +4.3%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y profit CAGR of 33.1%
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 11.1%
✓Share count reduced 8.6% through buybacks
✓Trading at only 1.2x book value
✓Efficient asset utilization: 1.5x turnover

✗Weaknesses

✗Thin 5Y average net margin of 0.1%

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y11.13%

3Y24.9%

TTM-5.47%

Profit (Net Income) CAGR

10Y-

5Y33.13%

3Y-

TTM1.36%

EPS CAGR

10Y-

5Y9.69%

3Y-

TTM-0.06%

ROCE

10Y Avg-0.69%

5Y Avg3.91%

3Y Avg9.24%

Latest9.15%

Peer Comparison

Production Equipment & Services

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
FLOCFlowco Holdings Inc.	561.6M	19.87	22.33	119.99%	15.83%	6.6%	15.79%	0.81
RNGRRanger Energy Services, Inc.	347.57M	14.72	18.17	-10.29%	2.72%	5.52%	14.5%	0.12
STAKSTAK Inc. Ordinary Shares	3.9M	0.39	1.77	-10.53%	12.91%	26.11%		0.42
RCONRecon Technology, Ltd.	15.09M	1.42	-0.30	-3.73%	-64.25%	-9.38%		0.08

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	21.2M	52.8M	154M	303.1M	336.9M	187.8M	293.1M	608.5M	636.6M	571.1M
Revenue Growth %	-	1.49%	1.92%	0.97%	0.11%	-0.44%	0.56%	1.08%	0.05%	-0.1%
Cost of Goods Sold+	18.2M	45.9M	144.2M	267.2M	297.8M	182.9M	300.1M	548.3M	571.6M	516.9M
COGS % of Revenue	0.86%	0.87%	0.94%	0.88%	0.88%	0.97%	1.02%	0.9%	0.9%	0.91%
Gross Profit+	3M	6.9M	9.8M	35.9M	39.1M	4.9M	-7M	60.2M	65M	54.2M
Gross Margin %	0.14%	0.13%	0.06%	0.12%	0.12%	0.03%	-0.02%	0.1%	0.1%	0.09%
Gross Profit Growth %	-	1.3%	0.42%	2.66%	0.09%	-0.87%	-2.43%	9.6%	0.08%	-0.17%
Operating Expenses+	7.8M	11.4M	30.4M	29M	26.7M	20M	33.5M	39.9M	25.3M	25.6M
OpEx % of Revenue	0.37%	0.22%	0.2%	0.1%	0.08%	0.11%	0.11%	0.07%	0.04%	0.04%
Selling, General & Admin	7.8M	11.4M	30.4M	29M	26.7M	20M	33.5M	39.9M	29.5M	27.8M
SG&A % of Revenue	0.37%	0.22%	0.2%	0.1%	0.08%	0.11%	0.11%	0.07%	0.05%	0.05%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	0	0	0	-2.2M
Operating Income+	-6.4M	-4.5M	-20.6M	-2.1M	12.4M	-15.1M	-3.5M	19.7M	36.9M	28.6M
Operating Margin %	-0.3%	-0.09%	-0.13%	-0.01%	0.04%	-0.08%	-0.01%	0.03%	0.06%	0.05%
Operating Income Growth %	-	0.3%	-3.58%	0.9%	6.9%	-2.22%	0.77%	6.63%	0.87%	-0.22%
EBITDA+	-4.3M	2.1M	-2.8M	28.2M	47.2M	19.9M	33.3M	64.1M	76.8M	72.7M
EBITDA Margin %	-0.2%	0.04%	-0.02%	0.09%	0.14%	0.11%	0.11%	0.11%	0.12%	0.13%
EBITDA Growth %	-	1.49%	-2.33%	11.07%	0.67%	-0.58%	0.67%	0.92%	0.2%	-0.05%
D&A (Non-Cash Add-back)	2.1M	6.6M	17.8M	30.3M	34.8M	35M	36.8M	44.4M	39.9M	44.1M
EBIT	-6.4M	-4.5M	-20.6M	-2.1M	12.4M	-15.1M	-3.3M	23.3M	34.5M	28.6M
Net Interest Income+	-300K	-500K	-6.3M	-3.7M	-5.8M	-3.4M	-5M	-7.3M	-3.5M	-2.6M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	300K	500K	6.3M	3.7M	5.8M	3.4M	5M	7.3M	3.5M	2.6M
Other Income/Expense	-300K	-500K	-6.3M	-3.7M	-5.8M	-1.3M	32.2M	-3.7M	-5.9M	-2.6M
Pretax Income+	-6.7M	-5M	-26.9M	-5.8M	6.6M	-18.5M	-8.3M	16M	31M	26M
Pretax Margin %	-0.32%	-0.09%	-0.17%	-0.02%	0.02%	-0.1%	-0.03%	0.03%	0.05%	0.05%
Income Tax+	0	0	400K	0	2.2M	0	-6.2M	900K	7.2M	7.6M
Effective Tax Rate %	1%	1%	0.25%	0.57%	0.67%	0.85%	0.25%	0.94%	0.77%	0.71%
Net Income+	-6.7M	-5M	-6.6M	-3.3M	4.4M	-15.8M	-2.1M	15.1M	23.8M	18.4M
Net Margin %	-0.32%	-0.09%	-0.04%	-0.01%	0.01%	-0.08%	-0.01%	0.02%	0.04%	0.03%
Net Income Growth %	-	0.25%	-0.32%	0.5%	2.33%	-4.59%	0.87%	8.19%	0.58%	-0.23%
Net Income (Continuing)	-6.7M	-5M	-27.3M	-5.8M	4.4M	-18.5M	-2.1M	15.1M	23.8M	18.4M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	92M	90.1M	89.8M	82.9M	0	0	0	0
EPS (Diluted)+	-0.99	-0.74	-0.78	-0.39	0.51	-1.85	-0.15	0.65	0.95	0.81
EPS Growth %	-	0.25%	-0.05%	0.5%	2.31%	-4.63%	0.92%	5.33%	0.46%	-0.15%
EPS (Basic)	-0.99	-0.74	-0.78	-0.39	0.51	-1.85	-0.18	0.66	0.97	0.82
Diluted Shares Outstanding	6.79M	6.79M	8.41M	8.43M	8.63M	8.53M	13.55M	23.37M	24.99M	22.85M
Basic Shares Outstanding	6.79M	6.79M	8.41M	8.43M	8.63M	8.53M	11.86M	22.97M	24.6M	22.52M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	0.1%	0.24%

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	5.2M	22.3M	49.7M	61.1M	58.7M	35.7M	105.2M	140.1M	135.4M	143.9M
Cash & Short-Term Investments	1.1M	1.6M	5.3M	2.6M	6.9M	2.8M	600K	3.7M	15.7M	40.9M
Cash Only	1.1M	1.6M	5.3M	2.6M	6.9M	2.8M	600K	3.7M	15.7M	40.9M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	2.4M	14.6M	38.1M	48.5M	42.7M	27M	93.8M	118.1M	103.1M	85.1M
Days Sales Outstanding	41.32	100.93	90.3	58.4	46.26	52.48	116.81	70.84	59.11	54.39
Inventory	0	3.2M	3.4M	4.9M	3.8M	2.3M	2.5M	5.9M	6.4M	5.7M
Days Inventory Outstanding	-	25.45	8.61	6.69	4.66	4.59	3.04	3.93	4.09	4.03
Other Current Assets	400K	5.8M	0	0	0	0	0	3.2M	600K	800K
Total Non-Current Assets+	48.8M	113.4M	210M	241.4M	234.8M	204.9M	287.9M	241.5M	242.6M	237.7M
Property, Plant & Equipment	48.8M	102.4M	189.2M	229.8M	225.4M	195.2M	277.4M	232.8M	235.3M	231.3M
Fixed Asset Turnover	0.43x	0.52x	0.81x	1.32x	1.49x	0.96x	1.06x	2.61x	2.71x	2.47x
Goodwill	0	1.6M	9M	0	0	0	0	0	0	0
Intangible Assets	0	9.2M	10.8M	10M	9.3M	8.5M	7.8M	7.1M	6.3M	5.6M
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	0	200K	1M	1.6M	100K	1.2M	2.7M	1.6M	1M	800K
Total Assets+	54M	135.7M	259.7M	302.5M	293.5M	240.6M	393.1M	381.6M	378M	381.6M
Asset Turnover	0.39x	0.39x	0.59x	1.00x	1.15x	0.78x	0.75x	1.59x	1.68x	1.50x
Asset Growth %	-	1.51%	0.91%	0.16%	-0.03%	-0.18%	0.63%	-0.03%	-0.01%	0.01%
Total Current Liabilities+	4.9M	11.9M	52.9M	58.9M	55.1M	33M	102.7M	74.5M	69M	65.2M
Accounts Payable	1.5M	4M	32M	17.2M	13.8M	10.5M	20.7M	24.3M	31.3M	27.2M
Days Payables Outstanding	30.08	31.81	81	23.5	16.91	20.95	25.18	16.18	19.99	19.21
Short-Term Debt	1.5M	2.3M	9.3M	15.8M	20.9M	12.5M	44.1M	6.8M	100K	9.4M
Deferred Revenue (Current)	0	0	1000K	1000K	1000K	1000K	1000K	0	500K	0
Other Current Liabilities	0	4.3M	700K	5.9M	13.3M	5.5M	7.5M	2.1M	14.9M	26.4M
Current Ratio	1.06x	1.87x	0.94x	1.04x	1.07x	1.08x	1.02x	1.88x	1.96x	2.21x
Quick Ratio	1.06x	1.61x	0.88x	0.95x	1.00x	1.01x	1.00x	1.80x	1.87x	2.12x
Cash Conversion Cycle	-	94.57	17.91	41.6	34.01	36.11	94.67	58.59	43.21	39.21
Total Non-Current Liabilities+	8.8M	11.2M	11.1M	51.6M	35.4M	22.8M	41.7M	40.9M	37.2M	42.6M
Long-Term Debt	8.5M	9.8M	5.8M	44.7M	26.6M	14.5M	18.4M	11.6M	0	0
Capital Lease Obligations	0	300K	1.5M	6.6M	8.1M	6.5M	18.3M	24.7M	25.9M	24.4M
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	18.2M
Other Non-Current Liabilities	300K	1.1M	3.8M	300K	700K	1.8M	5M	4.6M	11.3M	0
Total Liabilities	13.7M	23.1M	64M	110.5M	90.5M	55.8M	144.4M	115.4M	106.2M	107.8M
Total Debt+	11M	12.9M	16.6M	71.5M	55.6M	33.5M	68.3M	50.4M	33.9M	33.8M
Net Debt	9.9M	11.3M	11.3M	68.9M	48.7M	30.7M	67.7M	46.7M	18.2M	-7.1M
Debt / Equity	0.27x	0.11x	0.08x	0.37x	0.27x	0.18x	0.27x	0.19x	0.12x	0.12x
Debt / EBITDA	-	6.14x	-	2.54x	1.18x	1.68x	2.05x	0.79x	0.44x	0.46x
Net Debt / EBITDA	-	5.38x	-	2.44x	1.03x	1.54x	2.03x	0.73x	0.24x	-0.10x
Interest Coverage	-21.33x	-9.00x	-3.27x	-0.57x	2.14x	-4.44x	-0.70x	2.70x	10.54x	11.00x
Total Equity+	40.3M	112.6M	195.7M	192M	203M	184.8M	248.7M	266.2M	271.8M	273.8M
Equity Growth %	-	1.79%	0.74%	-0.02%	0.06%	-0.09%	0.35%	0.07%	0.02%	0.01%
Book Value per Share	5.94	16.59	23.26	22.79	23.51	21.66	18.35	11.39	10.88	11.98
Total Shareholders' Equity	40.3M	112.6M	103.7M	101.9M	113.2M	101.9M	248.7M	266.2M	271.8M	273.8M
Common Stock	40.3M	112.6M	200K	200K	200K	200K	200K	300K	300K	300K
Retained Earnings	0	0	-6.6M	-9.9M	-8.1M	-18.4M	-8M	7.1M	28.4M	42.2M
Treasury Stock	0	0	0	0	-700K	-3.8M	-3.8M	-3.8M	-23.1M	-38.6M
Accumulated OCI	-2.2M	-8.7M	-25.4M	-52.5M	0	0	0	0	0	0
Minority Interest	0	0	92M	90.1M	89.8M	82.9M	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-5.2M	-5.2M	-17.3M	27.6M	51.9M	25.5M	-39.4M	44.5M	90.8M	84.5M
Operating CF Margin %	-0.25%	-0.1%	-0.11%	0.09%	0.15%	0.14%	-0.13%	0.07%	0.14%	0.15%
Operating CF Growth %	-	0%	-2.33%	2.6%	0.88%	-0.51%	-2.55%	2.13%	1.04%	-0.07%
Net Income	-6.7M	-5M	-27.3M	-5.8M	4.4M	-18.5M	-2.1M	15.1M	23.8M	18.4M
Depreciation & Amortization	2.1M	6.6M	17.8M	30.3M	34.8M	35M	36.8M	44.4M	39.9M	44.1M
Stock-Based Compensation	100K	500K	1.2M	2.1M	3.3M	3.7M	3.2M	3.8M	4.8M	5.8M
Deferred Taxes	0	0	300K	9.2M	800K	-2.1M	-6.2M	1.2M	6.6M	6.9M
Other Non-Cash Items	2.3M	500K	5.2M	200K	100K	2.6M	-31.5M	-1.9M	3.3M	-900K
Working Capital Changes	-3M	-7.8M	-14.5M	-8.4M	8.5M	4.8M	-39.6M	-18.1M	12.4M	10.2M
Change in Receivables	-2.1M	-8.7M	-12.4M	-13.5M	5.2M	15.6M	-49M	-10.7M	14.5M	17.7M
Change in Inventory	900K	0	-1.3M	-3.4M	1.1M	400K	2.7M	-3.4M	-900K	400K
Change in Payables	-1.6M	1.2M	200K	200K	-1.1M	-3.3M	4.1M	2.8M	6.6M	-3.7M
Cash from Investing+	-25.5M	-25.4M	-68.9M	-74.4M	-23.4M	-5.4M	-36.4M	11.3M	-29.7M	-31.1M
Capital Expenditures	-26M	-11.2M	-21.7M	-75.9M	-24.2M	-7.2M	-5.6M	-13.8M	-36.5M	-34.1M
CapEx % of Revenue	1.23%	0.21%	0.14%	0.25%	0.07%	0.04%	0.02%	0.02%	0.06%	0.06%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	500K	2.1M	500K	5.5M	800K	1.8M	9.1M	24.3M	6.8M	3M
Cash from Financing+	28.9M	31.1M	89.9M	44.1M	-24.2M	-24.2M	73.6M	-52.7M	-49.1M	-28.2M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	-3M	0	0	0	0	0	0	-2.4M	-4.5M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	19.2M	32.7M	80.9M	0	0	-300K	-4.3M	-4M	-2.9M	-2.5M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-31.2M	-16.4M	-39M	-48.3M	27.7M	18.3M	-45M	30.7M	54.3M	50.4M
FCF Margin %	-1.47%	-0.31%	-0.25%	-0.16%	0.08%	0.1%	-0.15%	0.05%	0.09%	0.09%
FCF Growth %	-	0.47%	-1.38%	-0.24%	1.57%	-0.34%	-3.46%	1.68%	0.77%	-0.07%
FCF per Share	-4.60	-2.42	-4.64	-5.73	3.21	2.14	-3.32	1.31	2.17	2.21
FCF Conversion (FCF/Net Income)	0.78x	1.04x	2.62x	-8.36x	11.80x	-1.61x	18.76x	2.95x	3.82x	4.59x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-16.63%	-6.54%	-4.28%	-1.7%	2.23%	-8.15%	-0.97%	5.87%	8.85%	6.74%
Return on Invested Capital (ROIC)	-	-3.88%	-9.34%	-0.67%	3.63%	-4.85%	-0.99%	4.7%	9.18%	7.71%
Gross Margin	14.15%	13.07%	6.36%	11.84%	11.61%	2.61%	-2.39%	9.89%	10.21%	9.49%
Net Margin	-31.6%	-9.47%	-4.29%	-1.09%	1.31%	-8.41%	-0.72%	2.48%	3.74%	3.22%
Debt / Equity	0.27x	0.11x	0.08x	0.37x	0.27x	0.18x	0.27x	0.19x	0.12x	0.12x
Interest Coverage	-21.33x	-9.00x	-3.27x	-0.57x	2.14x	-4.44x	-0.70x	2.70x	10.54x	11.00x
FCF Conversion	0.78x	1.04x	2.62x	-8.36x	11.80x	-1.61x	18.76x	2.95x	3.82x	4.59x
Revenue Growth	-	149.06%	191.67%	96.82%	11.15%	-44.26%	56.07%	107.61%	4.62%	-10.29%

Revenue by Segment

	2017	2018	2019	2020	2021	2022	2023	2024
High Specification Rigs	-	-	-	-	140.1M	293.2M	313.3M	336.1M
High Specification Rigs Growth	-	-	-	-	-	109.28%	6.86%	7.28%
Processing Solutions And Ancillary Services	-	-	-	-	35.1M	118.3M	124.2M	124.8M
Processing Solutions And Ancillary Services Growth	-	-	-	-	-	237.04%	4.99%	0.48%
Wireline Services	-	-	-	-	-	-	-	110.2M
Wireline Services Growth	-	-	-	-	-	-	-	-
Wireline Service	-	-	-	-	117.9M	197M	199.1M	-
Wireline Service Growth	-	-	-	-	-	67.09%	1.07%	-
Processing Solutions	-	17.2M	20.5M	6.8M	-	-	-	-
Processing Solutions Growth	-	-	19.19%	-66.83%	-	-	-	-
Well Services	145.7M	-	-	-	-	-	-	-
Well Services Growth	-	-	-	-	-	-	-	-
Processing Solutions	8.3M	-	-	-	-	-	-	-
Processing Solutions Growth	-	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Ranger Energy Services, Inc. (RNGR) has a price-to-earnings (P/E) ratio of 18.2x. This is roughly in line with market averages.

Growth & Financials

Ranger Energy Services, Inc. (RNGR) reported $547.8M in revenue for fiscal year 2024. This represents a 2484% increase from $21.2M in 2015.

Ranger Energy Services, Inc. (RNGR) saw revenue decline by 10.3% over the past year.

Yes, Ranger Energy Services, Inc. (RNGR) is profitable, generating $14.9M in net income for fiscal year 2024 (3.2% net margin).

Dividend & Returns

Yes, Ranger Energy Services, Inc. (RNGR) pays a dividend with a yield of 1.34%. This makes it attractive for income-focused investors.

Ranger Energy Services, Inc. (RNGR) has a return on equity (ROE) of 6.7%. This is below average, suggesting room for improvement.

Ranger Energy Services, Inc. (RNGR) generated $53.1M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

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Ranger Energy Services, Inc. (RNGR) 10-Year Financial Performance & Capital Metrics

RNGR • • Industrial / General

EnergyOilfield ServicesCompletion & Production EquipmentProduction Equipment & Services

Revenue $571M -10.3%
EBITDA $73M -5.3%
Net Income $18M -22.7%
EPS (Diluted) 0.81 -14.7%
Gross Margin 9.49% -7.1%
EBITDA Margin 12.73% +5.5%
Operating Margin 5.01% -13.6%
Net Margin 3.22% -13.8%
ROE 6.74% -23.8%
ROIC 7.71% -16.1%
Debt/Equity 0.12 -1.0%
Interest Coverage 11.00 +4.3%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y profit CAGR of 33.1%
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 11.1%
✓Share count reduced 8.6% through buybacks
✓Trading at only 1.2x book value
✓Efficient asset utilization: 1.5x turnover

✗Weaknesses

✗Thin 5Y average net margin of 0.1%

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-

5Y11.13%

3Y24.9%

TTM-5.47%

Profit (Net Income) CAGR

10Y-

5Y33.13%

3Y-

TTM1.36%

EPS CAGR

10Y-

5Y9.69%

3Y-

TTM-0.06%

ROCE

10Y Avg-0.69%

5Y Avg3.91%

3Y Avg9.24%

Latest9.15%

Peer Comparison

Production Equipment & Services

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
FLOCFlowco Holdings Inc.	561.6M	19.87	22.33	119.99%	15.83%	6.6%	15.79%	0.81
RNGRRanger Energy Services, Inc.	347.57M	14.72	18.17	-10.29%	2.72%	5.52%	14.5%	0.12
STAKSTAK Inc. Ordinary Shares	3.9M	0.39	1.77	-10.53%	12.91%	26.11%		0.42
RCONRecon Technology, Ltd.	15.09M	1.42	-0.30	-3.73%	-64.25%	-9.38%		0.08

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	21.2M	52.8M	154M	303.1M	336.9M	187.8M	293.1M	608.5M	636.6M	571.1M
Revenue Growth %	-	1.49%	1.92%	0.97%	0.11%	-0.44%	0.56%	1.08%	0.05%	-0.1%
Cost of Goods Sold+	18.2M	45.9M	144.2M	267.2M	297.8M	182.9M	300.1M	548.3M	571.6M	516.9M
COGS % of Revenue	0.86%	0.87%	0.94%	0.88%	0.88%	0.97%	1.02%	0.9%	0.9%	0.91%
Gross Profit+	3M	6.9M	9.8M	35.9M	39.1M	4.9M	-7M	60.2M	65M	54.2M
Gross Margin %	0.14%	0.13%	0.06%	0.12%	0.12%	0.03%	-0.02%	0.1%	0.1%	0.09%
Gross Profit Growth %	-	1.3%	0.42%	2.66%	0.09%	-0.87%	-2.43%	9.6%	0.08%	-0.17%
Operating Expenses+	7.8M	11.4M	30.4M	29M	26.7M	20M	33.5M	39.9M	25.3M	25.6M
OpEx % of Revenue	0.37%	0.22%	0.2%	0.1%	0.08%	0.11%	0.11%	0.07%	0.04%	0.04%
Selling, General & Admin	7.8M	11.4M	30.4M	29M	26.7M	20M	33.5M	39.9M	29.5M	27.8M
SG&A % of Revenue	0.37%	0.22%	0.2%	0.1%	0.08%	0.11%	0.11%	0.07%	0.05%	0.05%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0	0	0	0	0	-2.2M
Operating Income+	-6.4M	-4.5M	-20.6M	-2.1M	12.4M	-15.1M	-3.5M	19.7M	36.9M	28.6M
Operating Margin %	-0.3%	-0.09%	-0.13%	-0.01%	0.04%	-0.08%	-0.01%	0.03%	0.06%	0.05%
Operating Income Growth %	-	0.3%	-3.58%	0.9%	6.9%	-2.22%	0.77%	6.63%	0.87%	-0.22%
EBITDA+	-4.3M	2.1M	-2.8M	28.2M	47.2M	19.9M	33.3M	64.1M	76.8M	72.7M
EBITDA Margin %	-0.2%	0.04%	-0.02%	0.09%	0.14%	0.11%	0.11%	0.11%	0.12%	0.13%
EBITDA Growth %	-	1.49%	-2.33%	11.07%	0.67%	-0.58%	0.67%	0.92%	0.2%	-0.05%
D&A (Non-Cash Add-back)	2.1M	6.6M	17.8M	30.3M	34.8M	35M	36.8M	44.4M	39.9M	44.1M
EBIT	-6.4M	-4.5M	-20.6M	-2.1M	12.4M	-15.1M	-3.3M	23.3M	34.5M	28.6M
Net Interest Income+	-300K	-500K	-6.3M	-3.7M	-5.8M	-3.4M	-5M	-7.3M	-3.5M	-2.6M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	300K	500K	6.3M	3.7M	5.8M	3.4M	5M	7.3M	3.5M	2.6M
Other Income/Expense	-300K	-500K	-6.3M	-3.7M	-5.8M	-1.3M	32.2M	-3.7M	-5.9M	-2.6M
Pretax Income+	-6.7M	-5M	-26.9M	-5.8M	6.6M	-18.5M	-8.3M	16M	31M	26M
Pretax Margin %	-0.32%	-0.09%	-0.17%	-0.02%	0.02%	-0.1%	-0.03%	0.03%	0.05%	0.05%
Income Tax+	0	0	400K	0	2.2M	0	-6.2M	900K	7.2M	7.6M
Effective Tax Rate %	1%	1%	0.25%	0.57%	0.67%	0.85%	0.25%	0.94%	0.77%	0.71%
Net Income+	-6.7M	-5M	-6.6M	-3.3M	4.4M	-15.8M	-2.1M	15.1M	23.8M	18.4M
Net Margin %	-0.32%	-0.09%	-0.04%	-0.01%	0.01%	-0.08%	-0.01%	0.02%	0.04%	0.03%
Net Income Growth %	-	0.25%	-0.32%	0.5%	2.33%	-4.59%	0.87%	8.19%	0.58%	-0.23%
Net Income (Continuing)	-6.7M	-5M	-27.3M	-5.8M	4.4M	-18.5M	-2.1M	15.1M	23.8M	18.4M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	0	0	92M	90.1M	89.8M	82.9M	0	0	0	0
EPS (Diluted)+	-0.99	-0.74	-0.78	-0.39	0.51	-1.85	-0.15	0.65	0.95	0.81
EPS Growth %	-	0.25%	-0.05%	0.5%	2.31%	-4.63%	0.92%	5.33%	0.46%	-0.15%
EPS (Basic)	-0.99	-0.74	-0.78	-0.39	0.51	-1.85	-0.18	0.66	0.97	0.82
Diluted Shares Outstanding	6.79M	6.79M	8.41M	8.43M	8.63M	8.53M	13.55M	23.37M	24.99M	22.85M
Basic Shares Outstanding	6.79M	6.79M	8.41M	8.43M	8.63M	8.53M	11.86M	22.97M	24.6M	22.52M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	0.1%	0.24%

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	5.2M	22.3M	49.7M	61.1M	58.7M	35.7M	105.2M	140.1M	135.4M	143.9M
Cash & Short-Term Investments	1.1M	1.6M	5.3M	2.6M	6.9M	2.8M	600K	3.7M	15.7M	40.9M
Cash Only	1.1M	1.6M	5.3M	2.6M	6.9M	2.8M	600K	3.7M	15.7M	40.9M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	2.4M	14.6M	38.1M	48.5M	42.7M	27M	93.8M	118.1M	103.1M	85.1M
Days Sales Outstanding	41.32	100.93	90.3	58.4	46.26	52.48	116.81	70.84	59.11	54.39
Inventory	0	3.2M	3.4M	4.9M	3.8M	2.3M	2.5M	5.9M	6.4M	5.7M
Days Inventory Outstanding	-	25.45	8.61	6.69	4.66	4.59	3.04	3.93	4.09	4.03
Other Current Assets	400K	5.8M	0	0	0	0	0	3.2M	600K	800K
Total Non-Current Assets+	48.8M	113.4M	210M	241.4M	234.8M	204.9M	287.9M	241.5M	242.6M	237.7M
Property, Plant & Equipment	48.8M	102.4M	189.2M	229.8M	225.4M	195.2M	277.4M	232.8M	235.3M	231.3M
Fixed Asset Turnover	0.43x	0.52x	0.81x	1.32x	1.49x	0.96x	1.06x	2.61x	2.71x	2.47x
Goodwill	0	1.6M	9M	0	0	0	0	0	0	0
Intangible Assets	0	9.2M	10.8M	10M	9.3M	8.5M	7.8M	7.1M	6.3M	5.6M
Long-Term Investments	0	0	0	0	0	0	0	0	0	0
Other Non-Current Assets	0	200K	1M	1.6M	100K	1.2M	2.7M	1.6M	1M	800K
Total Assets+	54M	135.7M	259.7M	302.5M	293.5M	240.6M	393.1M	381.6M	378M	381.6M
Asset Turnover	0.39x	0.39x	0.59x	1.00x	1.15x	0.78x	0.75x	1.59x	1.68x	1.50x
Asset Growth %	-	1.51%	0.91%	0.16%	-0.03%	-0.18%	0.63%	-0.03%	-0.01%	0.01%
Total Current Liabilities+	4.9M	11.9M	52.9M	58.9M	55.1M	33M	102.7M	74.5M	69M	65.2M
Accounts Payable	1.5M	4M	32M	17.2M	13.8M	10.5M	20.7M	24.3M	31.3M	27.2M
Days Payables Outstanding	30.08	31.81	81	23.5	16.91	20.95	25.18	16.18	19.99	19.21
Short-Term Debt	1.5M	2.3M	9.3M	15.8M	20.9M	12.5M	44.1M	6.8M	100K	9.4M
Deferred Revenue (Current)	0	0	1000K	1000K	1000K	1000K	1000K	0	500K	0
Other Current Liabilities	0	4.3M	700K	5.9M	13.3M	5.5M	7.5M	2.1M	14.9M	26.4M
Current Ratio	1.06x	1.87x	0.94x	1.04x	1.07x	1.08x	1.02x	1.88x	1.96x	2.21x
Quick Ratio	1.06x	1.61x	0.88x	0.95x	1.00x	1.01x	1.00x	1.80x	1.87x	2.12x
Cash Conversion Cycle	-	94.57	17.91	41.6	34.01	36.11	94.67	58.59	43.21	39.21
Total Non-Current Liabilities+	8.8M	11.2M	11.1M	51.6M	35.4M	22.8M	41.7M	40.9M	37.2M	42.6M
Long-Term Debt	8.5M	9.8M	5.8M	44.7M	26.6M	14.5M	18.4M	11.6M	0	0
Capital Lease Obligations	0	300K	1.5M	6.6M	8.1M	6.5M	18.3M	24.7M	25.9M	24.4M
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	18.2M
Other Non-Current Liabilities	300K	1.1M	3.8M	300K	700K	1.8M	5M	4.6M	11.3M	0
Total Liabilities	13.7M	23.1M	64M	110.5M	90.5M	55.8M	144.4M	115.4M	106.2M	107.8M
Total Debt+	11M	12.9M	16.6M	71.5M	55.6M	33.5M	68.3M	50.4M	33.9M	33.8M
Net Debt	9.9M	11.3M	11.3M	68.9M	48.7M	30.7M	67.7M	46.7M	18.2M	-7.1M
Debt / Equity	0.27x	0.11x	0.08x	0.37x	0.27x	0.18x	0.27x	0.19x	0.12x	0.12x
Debt / EBITDA	-	6.14x	-	2.54x	1.18x	1.68x	2.05x	0.79x	0.44x	0.46x
Net Debt / EBITDA	-	5.38x	-	2.44x	1.03x	1.54x	2.03x	0.73x	0.24x	-0.10x
Interest Coverage	-21.33x	-9.00x	-3.27x	-0.57x	2.14x	-4.44x	-0.70x	2.70x	10.54x	11.00x
Total Equity+	40.3M	112.6M	195.7M	192M	203M	184.8M	248.7M	266.2M	271.8M	273.8M
Equity Growth %	-	1.79%	0.74%	-0.02%	0.06%	-0.09%	0.35%	0.07%	0.02%	0.01%
Book Value per Share	5.94	16.59	23.26	22.79	23.51	21.66	18.35	11.39	10.88	11.98
Total Shareholders' Equity	40.3M	112.6M	103.7M	101.9M	113.2M	101.9M	248.7M	266.2M	271.8M	273.8M
Common Stock	40.3M	112.6M	200K	200K	200K	200K	200K	300K	300K	300K
Retained Earnings	0	0	-6.6M	-9.9M	-8.1M	-18.4M	-8M	7.1M	28.4M	42.2M
Treasury Stock	0	0	0	0	-700K	-3.8M	-3.8M	-3.8M	-23.1M	-38.6M
Accumulated OCI	-2.2M	-8.7M	-25.4M	-52.5M	0	0	0	0	0	0
Minority Interest	0	0	92M	90.1M	89.8M	82.9M	0	0	0	0

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-5.2M	-5.2M	-17.3M	27.6M	51.9M	25.5M	-39.4M	44.5M	90.8M	84.5M
Operating CF Margin %	-0.25%	-0.1%	-0.11%	0.09%	0.15%	0.14%	-0.13%	0.07%	0.14%	0.15%
Operating CF Growth %	-	0%	-2.33%	2.6%	0.88%	-0.51%	-2.55%	2.13%	1.04%	-0.07%
Net Income	-6.7M	-5M	-27.3M	-5.8M	4.4M	-18.5M	-2.1M	15.1M	23.8M	18.4M
Depreciation & Amortization	2.1M	6.6M	17.8M	30.3M	34.8M	35M	36.8M	44.4M	39.9M	44.1M
Stock-Based Compensation	100K	500K	1.2M	2.1M	3.3M	3.7M	3.2M	3.8M	4.8M	5.8M
Deferred Taxes	0	0	300K	9.2M	800K	-2.1M	-6.2M	1.2M	6.6M	6.9M
Other Non-Cash Items	2.3M	500K	5.2M	200K	100K	2.6M	-31.5M	-1.9M	3.3M	-900K
Working Capital Changes	-3M	-7.8M	-14.5M	-8.4M	8.5M	4.8M	-39.6M	-18.1M	12.4M	10.2M
Change in Receivables	-2.1M	-8.7M	-12.4M	-13.5M	5.2M	15.6M	-49M	-10.7M	14.5M	17.7M
Change in Inventory	900K	0	-1.3M	-3.4M	1.1M	400K	2.7M	-3.4M	-900K	400K
Change in Payables	-1.6M	1.2M	200K	200K	-1.1M	-3.3M	4.1M	2.8M	6.6M	-3.7M
Cash from Investing+	-25.5M	-25.4M	-68.9M	-74.4M	-23.4M	-5.4M	-36.4M	11.3M	-29.7M	-31.1M
Capital Expenditures	-26M	-11.2M	-21.7M	-75.9M	-24.2M	-7.2M	-5.6M	-13.8M	-36.5M	-34.1M
CapEx % of Revenue	1.23%	0.21%	0.14%	0.25%	0.07%	0.04%	0.02%	0.02%	0.06%	0.06%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	500K	2.1M	500K	5.5M	800K	1.8M	9.1M	24.3M	6.8M	3M
Cash from Financing+	28.9M	31.1M	89.9M	44.1M	-24.2M	-24.2M	73.6M	-52.7M	-49.1M	-28.2M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	-3M	0	0	0	0	0	0	-2.4M	-4.5M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	19.2M	32.7M	80.9M	0	0	-300K	-4.3M	-4M	-2.9M	-2.5M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-31.2M	-16.4M	-39M	-48.3M	27.7M	18.3M	-45M	30.7M	54.3M	50.4M
FCF Margin %	-1.47%	-0.31%	-0.25%	-0.16%	0.08%	0.1%	-0.15%	0.05%	0.09%	0.09%
FCF Growth %	-	0.47%	-1.38%	-0.24%	1.57%	-0.34%	-3.46%	1.68%	0.77%	-0.07%
FCF per Share	-4.60	-2.42	-4.64	-5.73	3.21	2.14	-3.32	1.31	2.17	2.21
FCF Conversion (FCF/Net Income)	0.78x	1.04x	2.62x	-8.36x	11.80x	-1.61x	18.76x	2.95x	3.82x	4.59x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-16.63%	-6.54%	-4.28%	-1.7%	2.23%	-8.15%	-0.97%	5.87%	8.85%	6.74%
Return on Invested Capital (ROIC)	-	-3.88%	-9.34%	-0.67%	3.63%	-4.85%	-0.99%	4.7%	9.18%	7.71%
Gross Margin	14.15%	13.07%	6.36%	11.84%	11.61%	2.61%	-2.39%	9.89%	10.21%	9.49%
Net Margin	-31.6%	-9.47%	-4.29%	-1.09%	1.31%	-8.41%	-0.72%	2.48%	3.74%	3.22%
Debt / Equity	0.27x	0.11x	0.08x	0.37x	0.27x	0.18x	0.27x	0.19x	0.12x	0.12x
Interest Coverage	-21.33x	-9.00x	-3.27x	-0.57x	2.14x	-4.44x	-0.70x	2.70x	10.54x	11.00x
FCF Conversion	0.78x	1.04x	2.62x	-8.36x	11.80x	-1.61x	18.76x	2.95x	3.82x	4.59x
Revenue Growth	-	149.06%	191.67%	96.82%	11.15%	-44.26%	56.07%	107.61%	4.62%	-10.29%

Revenue by Segment

	2017	2018	2019	2020	2021	2022	2023	2024
High Specification Rigs	-	-	-	-	140.1M	293.2M	313.3M	336.1M
High Specification Rigs Growth	-	-	-	-	-	109.28%	6.86%	7.28%
Processing Solutions And Ancillary Services	-	-	-	-	35.1M	118.3M	124.2M	124.8M
Processing Solutions And Ancillary Services Growth	-	-	-	-	-	237.04%	4.99%	0.48%
Wireline Services	-	-	-	-	-	-	-	110.2M
Wireline Services Growth	-	-	-	-	-	-	-	-
Wireline Service	-	-	-	-	117.9M	197M	199.1M	-
Wireline Service Growth	-	-	-	-	-	67.09%	1.07%	-
Processing Solutions	-	17.2M	20.5M	6.8M	-	-	-	-
Processing Solutions Growth	-	-	19.19%	-66.83%	-	-	-	-
Well Services	145.7M	-	-	-	-	-	-	-
Well Services Growth	-	-	-	-	-	-	-	-
Processing Solutions	8.3M	-	-	-	-	-	-	-
Processing Solutions Growth	-	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Ranger Energy Services, Inc. (RNGR) has a price-to-earnings (P/E) ratio of 18.2x. This is roughly in line with market averages.

Growth & Financials

Ranger Energy Services, Inc. (RNGR) reported $547.8M in revenue for fiscal year 2024. This represents a 2484% increase from $21.2M in 2015.

Ranger Energy Services, Inc. (RNGR) saw revenue decline by 10.3% over the past year.

Yes, Ranger Energy Services, Inc. (RNGR) is profitable, generating $14.9M in net income for fiscal year 2024 (3.2% net margin).

Dividend & Returns

Yes, Ranger Energy Services, Inc. (RNGR) pays a dividend with a yield of 1.34%. This makes it attractive for income-focused investors.

Ranger Energy Services, Inc. (RNGR) has a return on equity (ROE) of 6.7%. This is below average, suggesting room for improvement.

Ranger Energy Services, Inc. (RNGR) generated $53.1M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.