Nine Energy Service (NINE) Debt Ratio (2017 - 2026)
Nine Energy Service's (NINE) Debt Ratio stood at 0.31 in Q2 2026, down 65.3% from 0.90 a year earlier but up 7.6% from the prior quarter.
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Analysis
Nine Energy Service (NINE) Debt Ratio (2017 - 2026) Analysis & Trends
For FY2025, Nine Energy Service's Debt Ratio came in at 1.02, up 15.0% from FY2024.
- Annual Debt Ratio has increased for three straight years.
- Across earlier years, Debt Ratio came in at 0.89 in FY2024 (+10.8%), 0.80 in FY2023 (+0.9%), 0.80 in FY2022 (-9.0%) and 0.88 in FY2021 (+12.9%).
- Quarterly Debt Ratio has ranged from 0.29 in Q1 2026 to 1.02 in Q4 2025 over the past five years.
- On a year-over-year basis, Debt Ratio rose in six of the last eight quarters, with an average decline of 9.2%.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 15.0% in Q4 2025, against a decline of 67.6% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.29 (Q1 2026), 1.02 (Q4 2025) and 1.00 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.34 Bn | 69.45 Bn | 1.40 Bn | 0.23 |
| 2 | Baker Hughes | 55.59 Bn | 18.87 Bn | 1.58 Bn | 0.31 |
| 3 | TechnipFMC | 27.02 Bn | 23.17 Bn | 684.70 Mn | 0.04 |
| 4 | Halliburton | 26.54 Bn | 18.29 Bn | 804.00 Mn | 0.00 |
| 5 | Nov | 6.72 Bn | 1.51 Bn | 521.00 Mn | 0.15 |
| 6 | Noble | 6.50 Bn | 4.43 Bn | 239.27 Mn | 0.26 |
| 7 | Transocean | 5.76 Bn | 3.47 Bn | 358.00 Mn | 0.34 |
| 8 | Weatherford International | 5.72 Bn | 1.66 Bn | 333.00 Mn | 0.29 |
| 9 | Kodiak Gas Services | 5.48 Bn | 5.25 Bn | 246.76 Mn | 0.49 |
| 10 | Nine Energy Service | 105.60 Mn | 44.65 Mn | 25.94 Mn | 0.31 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.31 |
| Mar 31, 2026 | 0.29 |
| Dec 31, 2025 | 1.02 |
| Sep 30, 2025 | 1.00 |
| Jun 30, 2025 | 0.90 |
| Mar 31, 2025 | 0.89 |
| Dec 31, 2024 | 0.89 |
| Sep 30, 2024 | 0.90 |
| Jun 30, 2024 | 0.84 |
| Mar 31, 2024 | 0.84 |
| Dec 31, 2023 | 0.80 |
| Sep 30, 2023 | 0.82 |
| Jun 30, 2023 | 0.76 |
| Mar 31, 2023 | 0.78 |
| Dec 31, 2022 | 0.80 |
| Sep 30, 2022 | 0.82 |
| Jun 30, 2022 | 0.87 |
| Mar 31, 2022 | 0.87 |
| Dec 31, 2021 | 0.88 |
| Sep 30, 2021 | 0.82 |
API Access
Nine Energy Service Debt Ratio 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=debt-ratio&ticker=NINE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=NINE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();