Financial Snapshot

Revenue
$412.7M
TTM
Gross Margin
17.21%
TTM
Net Earnings
-$32.24M
TTM
Current Assets
Q4 2024
Current Liabilities
Q4 2024
Current Ratio
209.04%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
-$66.06M
Q4 2024
Cash
Q4 2024
P/E
-2.024
Nov 29, 2024 EST
Free Cash Flow
-$13.32M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $554.1M $609.5M $593.4M $349.4M $310.9M $832.9M $827.2M $543.7M $282.4M $478.5M
YoY Change -9.09% 2.72% 69.82% 12.41% -62.68% 0.7% 52.15% 92.55% -40.99% -27.85%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $554.1M $609.5M $593.4M $349.4M $310.9M $832.9M $827.2M $543.7M $282.4M $478.5M
Cost Of Revenue $490.8M $457.1M $308.0M $302.2M $670.0M $639.3M $448.5M $246.1M $373.2M
Gross Profit $118.8M $136.3M $41.43M $8.694M $163.0M $187.9M $95.19M $36.25M $105.3M
Gross Profit Margin 19.49% 22.97% 11.86% 2.8% 19.56% 22.71% 17.51% 12.84% 22.01%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Selling, General & Admin $59.82M $51.65M $45.30M $49.30M $81.30M $76.00M $49.60M $39.40M $42.90M
YoY Change 15.81% 14.02% -8.11% -39.36% 6.97% 53.23% 25.89% -8.16% -16.37%
% of Gross Profit 50.36% 37.9% 109.35% 567.06% 49.89% 40.45% 52.1% 108.7% 40.74%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $25.60M $29.10M $26.80M $28.90M $32.40M $50.54M $54.30M $53.40M $55.26M $67.60M
YoY Change -12.03% 8.58% -7.27% -10.8% -35.9% -6.92% 1.69% -3.37% -18.25% 45.06%
% of Gross Profit 24.5% 19.66% 69.76% 372.67% 31.02% 28.9% 56.1% 152.46% 64.2%
Operating Expenses $100.5M $91.90M $90.32M $98.20M $150.3M $139.9M $111.7M $103.8M $110.4M
YoY Change 9.33% 1.75% -8.02% -34.66% 7.43% 25.25% 7.61% -5.98% 12.88%
Operating Profit $8.940M $17.57M $43.57M -$50.02M -$383.2M -$182.7M -$28.29M -$56.97M -$83.01M -$5.100M
YoY Change -49.13% -59.67% -187.11% -86.95% 109.69% 545.84% -50.33% -31.38% 1527.69% -103.88%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Interest Expense $51.12M -$32.18M -$32.50M $36.76M $39.77M $22.32M $15.70M $14.19M -$9.900M
YoY Change -258.85% -0.98% -188.42% -7.57% 78.22% 42.11% 10.7% -243.28% 3.13%
% of Operating Profit 290.9% -73.86%
Other Income/Expense, Net $648.0K $709.0K $298.0K $100.0K -$22.32M -$15.70M -$14.19M
YoY Change -8.6% 137.92% 198.0% 42.11% 10.7%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Pretax Income -$40.88M -$31.63M $14.94M -$64.60M -$381.4M -$221.6M -$50.61M -$72.67M -$97.20M -$52.50M
YoY Change 29.27% -311.71% -123.13% -83.06% 72.09% 337.95% -30.36% -25.24% 85.14% -143.5%
Income Tax $198.0K $585.0K $546.0K -$25.00K -$2.458M -$3.887M $2.375M -$4.987M -$26.29M -$14.30M
% Of Pretax Income 3.65%
Net Earnings -$41.08M -$32.21M $14.39M -$64.58M -$378.9M -$217.8M -$52.98M -$67.68M -$70.91M -$39.10M
YoY Change 27.53% -323.81% -122.29% -82.96% 74.03% 310.98% -21.72% -4.55% 81.36% -181.46%
Net Earnings / Revenue -7.41% -5.28% 2.43% -18.48% -121.91% -26.14% -6.41% -12.45% -25.11% -8.17%
Basic Earnings Per Share -$1.11 -$0.97 $0.47 -$2.13 -$12.74 -$7.43 -$2.17 -$4.55 -$5.34
Diluted Earnings Per Share -$1.11 -$0.97 $0.45 -$2.13 -$12.74 -$7.43 -$2.17 -$4.55 -$5.34 -$1.678M

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Cash & Short-Term Investments $30.84M $17.45M $21.51M $68.90M $93.00M $63.60M $17.50M $4.100M $18.90M
YoY Change 76.78% -18.89% -68.78% -25.91% 46.23% 263.43% 326.83% -78.31%
Cash & Equivalents $30.84M $17.45M $21.51M $68.90M $93.00M $63.60M $17.50M $4.100M $18.90M
Short-Term Investments
Other Short-Term Assets $9.368M $11.22M $10.20M $16.30M $17.40M $15.70M $7.900M $9.500M $6.400M
YoY Change -16.48% 10.02% -37.45% -6.32% 10.83% 98.73% -16.84% 48.44%
Inventory $54.49M $62.05M $42.18M $38.40M $60.90M $91.40M $22.20M $15.20M $13.90M
Prepaid Expenses
Receivables $88.45M $105.3M $64.03M $41.20M $96.90M $154.8M $99.60M $47.40M $49.40M
Other Receivables $490.0K $741.0K $1.393M $1.400M $600.0K $7.600M $0.00 $14.60M $8.800M
Total Short-Term Assets $183.6M $196.7M $139.3M $166.2M $268.9M $333.2M $147.2M $90.70M $97.40M
YoY Change -6.65% 41.22% -16.18% -38.19% -19.3% 126.36% 62.29% -6.88%
Property, Plant & Equipment $124.5M $126.6M $123.5M $140.6M $128.6M $211.6M $259.0M $273.2M $325.9M
YoY Change -1.68% 2.49% -12.15% 9.33% -39.22% -18.3% -5.2% -16.17%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $3.449M $1.564M $2.383M $3.300M $8.200M $6.400M $4.800M $400.0K $400.0K
YoY Change 120.52% -34.37% -27.79% -59.76% 28.12% 33.33% 1100.0% 0.0%
Total Long-Term Assets $218.4M $230.1M $242.3M $276.4M $582.0M $808.0M $431.7M $485.4M $561.0M
YoY Change -5.11% -5.04% -12.33% -52.51% -27.97% 87.17% -11.06% -13.48%
Total Assets $402.0M $426.8M $381.6M $442.6M $850.9M $1.141B $578.9M $576.1M $658.4M
YoY Change
Accounts Payable $33.38M $42.21M $28.68M $18.10M $35.50M $46.10M $29.60M $18.80M $18.40M
YoY Change -20.92% 47.18% 58.45% -49.01% -22.99% 55.74% 57.45% 2.17%
Accrued Expenses $46.49M $36.35M $24.61M $23.30M $24.30M $61.40M $14.70M $12.40M $13.10M
YoY Change 27.89% 47.69% 5.62% -4.12% -60.42% 317.69% 18.55% -5.34%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $300.0K $0.00
YoY Change -100.0%
Long-Term Debt Due $2.890M $2.445M $3.163M $1.900M $1.000M $700.0K $241.5M $18.00M $10.60M
YoY Change 18.2% -22.7% 66.47% 90.0% 42.86% -99.71% 1241.67% 69.81%
Total Short-Term Liabilities $82.75M $81.00M $56.45M $43.40M $61.20M $108.3M $286.4M $49.50M $42.20M
YoY Change 2.16% 43.49% 30.08% -29.08% -43.49% -62.19% 478.59% 17.3%
Long-Term Debt $320.5M $338.0M $332.4M $343.8M $394.3M $427.3M $0.00 $226.3M $239.0M
YoY Change -5.18% 1.7% -3.32% -12.81% -7.72% -100.0% -5.31%
Other Long-Term Liabilities $34.34M $31.31M $32.05M $35.00M $4.000M $4.800M $100.0K $1.500M $1.800M
YoY Change 9.69% -2.31% -8.43% 775.0% -16.67% 4700.0% -93.33% -16.67%
Total Long-Term Liabilities $354.9M $369.3M $364.4M $378.8M $398.3M $432.1M $100.0K $227.8M $240.8M
YoY Change -3.92% 1.35% -3.79% -4.9% -7.82% 432000.0% -99.96% -5.4%
Total Liabilities $437.6M $450.3M $420.9M $422.2M $461.0M $546.3M $291.5M $287.9M $305.8M
YoY Change -2.83% 7.0% -0.31% -8.42% -15.61% 87.41% 1.25% -5.85%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $65.24 Million

About Nine Energy Service, Inc.

Nine Energy Service, Inc. is an oilfield services business, which engages in the provision of services integral to the completion of unconventional wells. The company is headquartered in Houston, Texas and currently employs 1,157 full-time employees. The company went IPO on 2018-01-19. The firm partner with its exploration and production (E&P) customers to design and deploy downhole solutions and technology to prepare horizontal, multistage wells for production. The firm provide its comprehensive completion solutions across a diverse set of well-types, including on the complex, technically demanding unconventional wells. The company offers variety of completion applications and technologies to match customer needs across the broadest addressable completions market. Its comprehensive well solutions range from cementing the well at the initial stages of the completion, preparing the well for stimulation, isolating all the stages of an extended reach lateral, and the drilling out of isolation tools. The firm provides services integral to the completion of unconventional wells through a range of tools and methodologies.

Industry: Oil & Gas Field Services, NEC Peers: Exterran Corp FORUM ENERGY TECHNOLOGIES, INC. GULF ISLAND FABRICATION INC KLX Energy Services Holdings, Inc. MAMMOTH ENERGY SERVICES, INC. NATURAL GAS SERVICES GROUP INC NCS Multistage Holdings, Inc. SCHLUMBERGER LIMITED/NV SEACOR Marine Holdings Inc. Smart Sand, Inc.