Nine Energy Service (NINE) Return on Capital Employed [ROCE] (2018 - 2026)
Nine Energy Service's Return on Capital Employed [ROCE] came in at -5.22% for Q3 2026, down 9.31 percentage points from 4.09% a year earlier and down 1.04 percentage points from the prior quarter.
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Analysis
Nine Energy Service (NINE) Return on Capital Employed [ROCE] (2018 - 2026) Analysis & Trends
For FY2025, Nine Energy Service's Return on Capital Employed [ROCE] was 0.91%, down 2.08 percentage points from FY2024.
- Return on Capital Employed [ROCE] has declined in each of the last three years, though with a five-year change of +64.42 percentage points (FY2020 to FY2025).
- Going back by year, Return on Capital Employed [ROCE] was 2.99% in FY2024 (-2.31 pp), 5.30% in FY2023 (-8.18 pp), 13.48% in FY2022 (+27.54 pp) and -14.06% in FY2021 (+49.45 pp).
- The Q3 2026 figure represents the lowest quarterly Return on Capital Employed [ROCE] since Q1 2022.
- Year-over-year, Return on Capital Employed [ROCE] has declined for four consecutive quarters, with an average year-over-year change of -3.06 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in Q4 2021 (a gain of 81.21 percentage points), and the weakest in Q2 2024 (a drop of 13.52 percentage points).
- Business Quant data shows NINE's Return on Capital Employed [ROCE] at -4.18% (Q2 2026), -1.65% (Q1 2026) and 0.94% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn | 11.29% |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn | 14.16% |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn | 14.18% |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn | 33.29% |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn | 5.53% |
| 6 | Nov | 6.45 Bn | 1.39 Bn | 439.00 Mn | 5.33% |
| 7 | Weatherford International | 6.27 Bn | 2.04 Bn | 374.00 Mn | 16.42% |
| 8 | Transocean | 6.19 Bn | 4.23 Bn | 348.00 Mn | 5.95% |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn | 4.08% |
| 10 | Nine Energy Service | 101.42 Mn | 38.82 Mn | 20.57 Mn | -5.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -5.22% |
| Jun 30, 2026 | -4.18% |
| Mar 31, 2026 | -1.65% |
| Dec 31, 2025 | 0.94% |
| Sep 30, 2025 | 4.09% |
| Jun 30, 2025 | 5.62% |
| Mar 31, 2025 | 3.71% |
| Dec 31, 2024 | 3.25% |
| Sep 30, 2024 | 2.51% |
| Jun 30, 2024 | 1.46% |
| Mar 31, 2024 | 4.76% |
| Dec 31, 2023 | 5.64% |
| Sep 30, 2023 | 8.94% |
| Jun 30, 2023 | 14.98% |
| Mar 31, 2023 | 13.95% |
| Dec 31, 2022 | 12.96% |
| Sep 30, 2022 | 6.40% |
| Jun 30, 2022 | -2.91% |
| Mar 31, 2022 | -9.93% |
| Dec 31, 2021 | -15.28% |
API Access
Nine Energy Service Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=NINE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=NINE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();