Nine Energy Service (NINE) Depreciation and Depletion (2017 - 2026)
Nine Energy Service (NINE) reported Depreciation and Depletion of $9.24 million for Q2 2026, up 59.4% from $5.8 million a year earlier.
Nine Energy Service (NINE) Depreciation and Depletion (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Nine Energy Service's Depreciation and Depletion came in at $26.62 million, up 11.4% year-over-year; for FY2025, it came in at $23.21 million, down 9.4% from FY2024.
- Depreciation and Depletion has a five-year compound annual growth rate of -6.5% (FY2020 to FY2025).
- By year, Depreciation and Depletion came in at $25.6 million in FY2024 (-12.2%), $29.14 million in FY2023 (+8.7%), $26.8 million in FY2022 (-7.3%) and $28.91 million in FY2021 (-10.9%).
- The Q2 2026 figure ranks as the highest quarterly Depreciation and Depletion since Q4 2019.
- Year over year, Depreciation and Depletion gained in 1 of the last seven quarters, with an average decline of 0.8%.
- The high point for year-over-year Depreciation and Depletion in five years was Q2 2026 (growth of 59.4%); the low point was Q1 2022 (a decline of 16.5%).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Depletion (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.34 Bn | 69.45 Bn | 1.40 Bn | 473.00 Mn |
| 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 | 72.90 Mn |
| 10 | Nine Energy Service | 105.60 Mn | 44.65 Mn | 25.94 Mn | 9.24 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.24 Mn |
| Dec 31, 2025 | 5.81 Mn |
| Sep 30, 2025 | 5.76 Mn |
| Jun 30, 2025 | 5.80 Mn |
| Mar 31, 2025 | 5.84 Mn |
| Dec 31, 2024 | 6.04 Mn |
| Sep 30, 2024 | 6.23 Mn |
| Jun 30, 2024 | 6.60 Mn |
| Mar 31, 2024 | 6.73 Mn |
| Dec 31, 2023 | 7.00 Mn |
| Sep 30, 2023 | 7.29 Mn |
| Jun 30, 2023 | 7.43 Mn |
| Mar 31, 2023 | 7.42 Mn |
| Dec 31, 2022 | 7.19 Mn |
| Sep 30, 2022 | 6.59 Mn |
| Jun 30, 2022 | 6.51 Mn |
| Mar 31, 2022 | 6.50 Mn |
| Dec 31, 2021 | 6.76 Mn |
| Sep 30, 2021 | 6.92 Mn |
| Jun 30, 2021 | 7.44 Mn |
Nine Energy Service Depreciation and Depletion 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=depreciation-and-depletion&ticker=NINE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-depletion", "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=depreciation-and-depletion&ticker=NINE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();