Nine Energy Service (NINE) Interest Coverage Ratio (2017 - 2026)
Nine Energy Service's Interest Coverage Ratio was -1.19 in Q2 2026, compared with 0.23 a year earlier.
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Analysis
Nine Energy Service (NINE) Interest Coverage Ratio (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Nine Energy Service's Interest Coverage Ratio was -0.14 through Jun 30, 2026; for FY2025, it was 0.04, down 75.6% from FY2024.
- Interest Coverage Ratio has now declined for three consecutive years.
- In earlier years, Interest Coverage Ratio was 0.17 in FY2024 (-49.3%), 0.34 in FY2023 (-74.4%) and 1.34 in FY2022.
- The Q2 2026 figure marks the lowest quarterly Interest Coverage Ratio since Q2 2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.34 Bn | 69.45 Bn | 1.40 Bn | 8.37 |
| 2 | Baker Hughes | 55.59 Bn | 18.87 Bn | 1.58 Bn | - |
| 3 | TechnipFMC | 27.02 Bn | 23.17 Bn | 684.70 Mn | -148.94 |
| 4 | Halliburton | 26.54 Bn | 18.29 Bn | 804.00 Mn | - |
| 5 | Nov | 6.72 Bn | 1.51 Bn | 521.00 Mn | 9.19 |
| 6 | Noble | 6.50 Bn | 4.43 Bn | 239.27 Mn | 0.84 |
| 7 | Transocean | 5.76 Bn | 3.47 Bn | 358.00 Mn | 7.60 |
| 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 | -1.19 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.19 |
| Dec 31, 2025 | -0.40 |
| Sep 30, 2025 | -0.09 |
| Jun 30, 2025 | 0.23 |
| Mar 31, 2025 | 0.44 |
| Dec 31, 2024 | 0.27 |
| Sep 30, 2024 | 0.19 |
| Jun 30, 2024 | -0.11 |
| Mar 31, 2024 | 0.35 |
| Dec 31, 2023 | 0.17 |
| Sep 30, 2023 | -0.06 |
| Jun 30, 2023 | 0.72 |
| Mar 31, 2023 | 0.55 |
| Dec 31, 2022 | 2.00 |
| Sep 30, 2022 | 2.43 |
| Jun 30, 2022 | 0.79 |
| Mar 31, 2022 | 0.13 |
| Sep 30, 2021 | -1.01 |
| Jun 30, 2021 | -2.07 |
| Mar 31, 2021 | -2.02 |
API Access
Nine Energy Service Interest Coverage 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=interest-coverage-ratio&ticker=NINE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-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=interest-coverage-ratio&ticker=NINE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();