Nine Energy Service (NINE) Invested Capital (2016 - 2026)
Nine Energy Service (NINE) posted Invested Capital of $224.62 million for Q3 2026, down 7.8% from $243.52 million a year earlier and down 1.7% from the prior quarter.
Nine Energy Service (NINE) Invested Capital (2016 - 2026) Analysis & Trends
For FY2025, Nine Energy Service's Invested Capital came in at $232.93 million, down 8.6% from FY2024.
- Annual Invested Capital has declined for three consecutive years, with a five-year compound annual growth rate of -8.5% (FY2020 to FY2025).
- In prior years, Nine Energy Service's Invested Capital was $254.78 million in FY2024 (-11.5%), $287.75 million in FY2023 (-9.2%), $316.79 million in FY2022 (+7.3%) and $295.14 million in FY2021 (-18.9%).
- The Q3 2026 figure stands as the lowest quarterly Invested Capital in data going back to Q4 2016.
- On a year-over-year basis, Invested Capital has declined in each of the last 13 quarters, with an average decline of 8.5% over the last eight quarters.
- The strongest year-over-year quarter for Invested Capital in the past five years was Q1 2023, with growth of 9.5%; the weakest was Q4 2021, with a decline of 18.9%.
- According to Business Quant data, Invested Capital for the three prior quarters was $228.52 million (Q2 2026), $228.4 million (Q1 2026) and $232.93 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn | 40.01 Bn |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn | 38.83 Bn |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn | 18.23 Bn |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn | 3.74 Bn |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn | 6.18 Bn |
| 6 | Nov | 6.45 Bn | 1.39 Bn | 439.00 Mn | 8.02 Bn |
| 7 | Weatherford International | 6.27 Bn | 2.04 Bn | 374.00 Mn | 3.47 Bn |
| 8 | Transocean | 6.19 Bn | 4.23 Bn | 348.00 Mn | 13.47 Bn |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn | 4.36 Bn |
| 10 | Nine Energy Service | 101.42 Mn | 38.82 Mn | 20.57 Mn | 224.62 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 224.62 Mn |
| Jun 30, 2026 | 228.52 Mn |
| Mar 31, 2026 | 228.40 Mn |
| Dec 31, 2025 | 232.93 Mn |
| Sep 30, 2025 | 243.52 Mn |
| Jun 30, 2025 | 242.63 Mn |
| Mar 31, 2025 | 249.28 Mn |
| Dec 31, 2024 | 254.78 Mn |
| Sep 30, 2024 | 260.91 Mn |
| Jun 30, 2024 | 269.76 Mn |
| Mar 31, 2024 | 275.59 Mn |
| Dec 31, 2023 | 287.75 Mn |
| Sep 30, 2023 | 292.89 Mn |
| Jun 30, 2023 | 319.47 Mn |
| Mar 31, 2023 | 321.50 Mn |
| Dec 31, 2022 | 316.79 Mn |
| Sep 30, 2022 | 300.83 Mn |
| Jun 30, 2022 | 299.63 Mn |
| Mar 31, 2022 | 293.53 Mn |
| Dec 31, 2021 | 295.14 Mn |
Nine Energy Service Invested Capital 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=invested-capital&ticker=NINE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=NINE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();