Nine Energy Service (NINE) Return on Invested Capital [ROIC] (2018 - 2026)
Nine Energy Service (NINE) reported Return on Invested Capital [ROIC] of -5.55% for Q3 2026, down 10.17 percentage points from 4.62% a year earlier and down 1.00 percentage points from the prior quarter.
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Analysis
Nine Energy Service (NINE) Return on Invested Capital [ROIC] (2018 - 2026) Analysis & Trends
For FY2025, Nine Energy Service posted Return on Invested Capital [ROIC] of 0.96%, down 2.34 percentage points from FY2024.
- Return on Invested Capital [ROIC] has declined for three consecutive years, though with a five-year change of +67.40 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 3.30% in FY2024 (-2.52 pp), 5.81% in FY2023 (-7.91 pp), 13.72% in FY2022 (+28.89 pp) and -15.17% in FY2021 (+51.27 pp).
- The Q3 2026 figure ranks as the lowest quarterly Return on Invested Capital [ROIC] since Q1 2022.
- Year over year, Return on Invested Capital [ROIC] has now declined in each of the last four quarters, with an average year-over-year change of -3.35 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q4 2021 (a gain of 83.00 percentage points); the low point was Q2 2024 (a drop of 13.43 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at -4.55% (Q2 2026), -1.78% (Q1 2026) and 0.98% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn | 9.30% |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn | 13.18% |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn | 13.16% |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn | 35.01% |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn | 1.51% |
| 6 | Nov | 6.45 Bn | 1.39 Bn | 439.00 Mn | 2.34% |
| 7 | Weatherford International | 6.27 Bn | 2.04 Bn | 374.00 Mn | 16.40% |
| 8 | Transocean | 6.19 Bn | 4.23 Bn | 348.00 Mn | 6.10% |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn | 4.43% |
| 10 | Nine Energy Service | 101.42 Mn | 38.82 Mn | 20.57 Mn | -5.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -5.55% |
| Jun 30, 2026 | -4.55% |
| Mar 31, 2026 | -1.78% |
| Dec 31, 2025 | 0.98% |
| Sep 30, 2025 | 4.62% |
| Jun 30, 2025 | 6.01% |
| Mar 31, 2025 | 4.03% |
| Dec 31, 2024 | 3.47% |
| Sep 30, 2024 | 2.87% |
| Jun 30, 2024 | 1.60% |
| Mar 31, 2024 | 5.34% |
| Dec 31, 2023 | 6.05% |
| Sep 30, 2023 | 10.35% |
| Jun 30, 2023 | 15.03% |
| Mar 31, 2023 | 14.23% |
| Dec 31, 2022 | 13.59% |
| Sep 30, 2022 | 6.30% |
| Jun 30, 2022 | -2.90% |
| Mar 31, 2022 | -10.75% |
| Dec 31, 2021 | -16.98% |
API Access
Nine Energy Service Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=NINE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=NINE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();