Nine Energy Service NINE
NYSE NINE
$7.57 +0.06 (+0.80%)
At close: Oct 2, 2026 · 4:00 PM EDT

Nine Energy Service (NINE) Asset Writedowns and Impairment (2017 - 2026)

Updated

Nine Energy Service (NINE) recorded Asset Writedowns and Impairment of $203,000 in Q2 2026, down 61.3% from $524,000 a year earlier.

Analysis

Nine Energy Service (NINE) Asset Writedowns and Impairment (2017 - 2026) Analysis & Trends

On a TTM basis, Nine Energy Service's Asset Writedowns and Impairment came in at $1.21 million as of Jun 30, 2026, down 47.9% year-over-year; for FY2025, it was $1.61 million, down 7.1% from FY2024.

  • Annual Asset Writedowns and Impairment has declined for five straight years, with a five-year compound annual growth rate of -64.7% (FY2020 to FY2025).
  • Across earlier years, Asset Writedowns and Impairment came in at $1.74 million in FY2024 (-25.1%), $2.32 million in FY2023 (-21.8%), $2.97 million in FY2022 (-38.6%) and $4.83 million in FY2021 (-98.4%).
  • The Q2 2026 figure is the lowest quarterly Asset Writedowns and Impairment since Q3 2018.
  • On a year-over-year basis, Asset Writedowns and Impairment rose in three of the last seven quarters, with growth averaging 14.8%.
  • Peak year-over-year performance for Asset Writedowns and Impairment in the last five years was growth of 177.7% in Q1 2025, against a decline of 70.4% in Q1 2023 at the low end.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Slb 72.34 Bn 69.45 Bn 1.40 Bn
2 Baker Hughes 55.59 Bn 18.87 Bn 1.58 Bn
3 TechnipFMC 27.02 Bn 23.17 Bn 684.70 Mn
4 Halliburton 26.54 Bn 18.29 Bn 804.00 Mn
5 Nov 6.72 Bn 1.51 Bn 521.00 Mn
6 Noble 6.50 Bn 4.43 Bn 239.27 Mn
7 Transocean 5.76 Bn 3.47 Bn 358.00 Mn
8 Weatherford International 5.72 Bn 1.66 Bn 333.00 Mn
9 Kodiak Gas Services 5.48 Bn 5.25 Bn 246.76 Mn
10 Nine Energy Service 105.60 Mn 44.65 Mn 25.94 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 203,000.00
Dec 31, 2025 244,000.00
Sep 30, 2025 235,000.00
Jun 30, 2025 524,000.00
Mar 31, 2025 611,000.00
Dec 31, 2024 751,000.00
Sep 30, 2024 429,000.00
Jun 30, 2024 338,000.00
Mar 31, 2024 220,000.00
Dec 31, 2023 355,000.00
Sep 30, 2023 1.30 Mn
Jun 30, 2023 348,000.00
Mar 31, 2023 319,000.00
Dec 31, 2022 400,000.00
Sep 30, 2022 603,000.00
Jun 30, 2022 886,000.00
Mar 31, 2022 1.08 Mn
Dec 31, 2021 1.16 Mn
Mar 31, 2021 906,000.00
Mar 31, 2020 296.20 Mn
API Access

Nine Energy Service Asset Writedowns and Impairment API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=asset-writedowns-and-impairment&ticker=NINE&period=max&api_key=YOUR_API_KEY