Nine Energy Service (NINE) Current Leases (2018 - 2026)
Nine Energy Service (NINE) recorded Current Leases of $50,000 in Q3 2026, up 284.6% from $13,000 a year earlier and up 35.1% from the prior quarter.
Nine Energy Service (NINE) Current Leases (2018 - 2026) Analysis & Trends
At the end of FY2025, Nine Energy Service reported Current Leases of $6,000, down 71.4% from FY2024.
- Annual Current Leases has declined for five straight years, with a five-year compound annual growth rate of -64.7% (FY2020 to FY2025).
- Across earlier years, Current Leases came in at $21,000 in FY2024 (-32.3%), $31,000 in FY2023 (-82.6%), $178,000 in FY2022 (-83.4%) and $1.07 million in FY2021 (-2.0%).
- Quarterly Current Leases has ranged from $6,000 in Q4 2025 to $1.07 million in Q4 2021 over the past five years.
- On a year-over-year basis, Current Leases has increased for three consecutive quarters, with growth averaging 40.6% over the last eight quarters.
- Peak year-over-year performance for Current Leases in the last five years was growth of 284.6% in Q3 2026, against a decline of 94.7% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $37,000 (Q2 2026), $50,000 (Q1 2026) and $6,000 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn | - |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn | - |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn | 276.00 Mn |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn | 28.90 Mn |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn | - |
| 6 | Nov | 6.45 Bn | 1.39 Bn | 439.00 Mn | 30.00 Mn |
| 7 | Weatherford International | 6.27 Bn | 2.04 Bn | 374.00 Mn | 45.00 Mn |
| 8 | Transocean | 6.19 Bn | 4.23 Bn | 348.00 Mn | - |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn | - |
| 10 | Nine Energy Service | 101.42 Mn | 38.82 Mn | 20.57 Mn | 50,000.00 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 50,000.00 |
| Jun 30, 2026 | 37,000.00 |
| Mar 31, 2026 | 50,000.00 |
| Dec 31, 2025 | 6,000.00 |
| Sep 30, 2025 | 13,000.00 |
| Jun 30, 2025 | 19,000.00 |
| Mar 31, 2025 | 34,000.00 |
| Dec 31, 2024 | 21,000.00 |
| Sep 30, 2024 | 17,000.00 |
| Jun 30, 2024 | 30,000.00 |
| Mar 31, 2024 | 21,000.00 |
| Dec 31, 2023 | 31,000.00 |
| Sep 30, 2023 | 37,000.00 |
| Jun 30, 2023 | 34,000.00 |
| Mar 31, 2023 | 82,000.00 |
| Dec 31, 2022 | 178,000.00 |
| Sep 30, 2022 | 420,000.00 |
| Jun 30, 2022 | 644,000.00 |
| Mar 31, 2022 | 989,000.00 |
| Dec 31, 2021 | 1.07 Mn |
Nine Energy Service Current Leases 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=current-leases&ticker=NINE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-leases", "ticker": "NINE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-leases&ticker=NINE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();