Nine Energy Service (NINE) Operating Margin (2017 - 2026)
Nine Energy Service (NINE) reported Operating Margin of -2.35% for Q3 2026, down 1.47 percentage points from -0.88% a year earlier and down 0.78 percentage points from the prior quarter.
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Analysis
Nine Energy Service (NINE) Operating Margin (2017 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Nine Energy Service's Operating Margin came in at -2.13%, down 4.12 percentage points year-over-year; for FY2025, it came in at 0.42%, down 1.20 percentage points from FY2024.
- Operating Margin has declined for three consecutive years, though with a five-year change of +123.68 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 1.61% in FY2024 (-1.27 pp), 2.88% in FY2023 (-4.46 pp), 7.34% in FY2022 (+21.66 pp) and -14.31% in FY2021 (+108.95 pp).
- Five-year quarterly Operating Margin spans a low of -7.75% in Q4 2021 and a high of 11.80% in Q3 2022.
- Year over year, Operating Margin gained in three of the last seven quarters, with an average year-over-year change of -1.38 percentage points.
- The high point for year-over-year Operating Margin in five years was Q4 2021 (a gain of 36.25 percentage points); the low point was Q3 2023 (a drop of 12.38 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn | 12.05% |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn | 18.69% |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn | 10.94% |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn | 18.18% |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn | 8.24% |
| 6 | Nov | 6.45 Bn | 1.39 Bn | 439.00 Mn | 6.38% |
| 7 | Weatherford International | 6.27 Bn | 2.04 Bn | 374.00 Mn | 13.39% |
| 8 | Transocean | 6.19 Bn | 4.23 Bn | 348.00 Mn | 15.26% |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn | 13.70% |
| 10 | Nine Energy Service | 101.42 Mn | 38.82 Mn | 20.57 Mn | -2.35% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -2.35% |
| Jun 30, 2026 | -1.58% |
| Dec 31, 2025 | -4.16% |
| Sep 30, 2025 | -0.88% |
| Jun 30, 2025 | 2.29% |
| Mar 31, 2025 | 3.74% |
| Dec 31, 2024 | 2.48% |
| Sep 30, 2024 | 1.77% |
| Jun 30, 2024 | -1.08% |
| Mar 31, 2024 | 3.11% |
| Dec 31, 2023 | 1.52% |
| Sep 30, 2023 | -0.58% |
| Jun 30, 2023 | 5.77% |
| Mar 31, 2023 | 4.21% |
| Dec 31, 2022 | 9.78% |
| Sep 30, 2022 | 11.80% |
| Jun 30, 2022 | 4.51% |
| Mar 31, 2022 | 0.93% |
| Dec 31, 2021 | -7.75% |
| Sep 30, 2021 | -8.70% |
API Access
Nine Energy Service Operating Margin 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=operating-margin&ticker=NINE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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=operating-margin&ticker=NINE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();