Nine Energy Service (NINE) Total Debt (2017 - 2026)
Nine Energy Service (NINE) recorded Total Debt of $98.95 million in Q2 2026, down 69.5% from $324.37 million a year earlier but up 4.8% from the prior quarter.
Nine Energy Service (NINE) Total Debt (2017 - 2026) Analysis & Trends
At the end of FY2025, Nine Energy Service reported Total Debt of $347.88 million, up 8.4% from FY2024.
- Annual Total Debt has a five-year compound annual growth rate of 0.3% (FY2020 to FY2025).
- Across earlier years, Total Debt came in at $320.84 million in FY2024 (-0.8%), $323.38 million in FY2023 (-5.0%), $340.3 million in FY2022 (+1.8%) and $334.41 million in FY2021 (-2.7%).
- Quarterly Total Debt has ranged from $94.42 million in Q1 2026 to $347.88 million in Q4 2025 over the past five years.
- On a year-over-year basis, Total Debt rose in four of the last eight quarters, with an average decline of 15.5%.
- Peak year-over-year performance for Total Debt in the last five years was growth of 8.7% in Q2 2022, against a decline of 70.6% in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $94.42 million (Q1 2026), $347.88 million (Q4 2025) and $339.39 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.34 Bn | 69.45 Bn | 1.40 Bn | 12.80 Bn |
| 2 | Baker Hughes | 55.59 Bn | 18.87 Bn | 1.58 Bn | 16.25 Bn |
| 3 | TechnipFMC | 27.02 Bn | 23.17 Bn | 684.70 Mn | 401.90 Mn |
| 4 | Halliburton | 26.54 Bn | 18.29 Bn | 804.00 Mn | 90.00 Mn |
| 5 | Nov | 6.72 Bn | 1.51 Bn | 521.00 Mn | 1.71 Bn |
| 6 | Noble | 6.50 Bn | 4.43 Bn | 239.27 Mn | 1.89 Bn |
| 7 | Transocean | 5.76 Bn | 3.47 Bn | 358.00 Mn | 5.12 Bn |
| 8 | Weatherford International | 5.72 Bn | 1.66 Bn | 333.00 Mn | 1.48 Bn |
| 9 | Kodiak Gas Services | 5.48 Bn | 5.25 Bn | 246.76 Mn | 2.72 Bn |
| 10 | Nine Energy Service | 105.60 Mn | 44.65 Mn | 25.94 Mn | 98.95 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 98.95 Mn |
| Mar 31, 2026 | 94.42 Mn |
| Dec 31, 2025 | 347.88 Mn |
| Sep 30, 2025 | 339.39 Mn |
| Jun 30, 2025 | 324.37 Mn |
| Mar 31, 2025 | 321.40 Mn |
| Dec 31, 2024 | 320.84 Mn |
| Sep 30, 2024 | 318.47 Mn |
| Jun 30, 2024 | 319.48 Mn |
| Mar 31, 2024 | 318.91 Mn |
| Dec 31, 2023 | 323.38 Mn |
| Sep 30, 2023 | 319.01 Mn |
| Jun 30, 2023 | 332.88 Mn |
| Mar 31, 2023 | 332.84 Mn |
| Dec 31, 2022 | 340.30 Mn |
| Sep 30, 2022 | 332.91 Mn |
| Jun 30, 2022 | 345.95 Mn |
| Mar 31, 2022 | 338.90 Mn |
| Dec 31, 2021 | 334.41 Mn |
| Sep 30, 2021 | 318.31 Mn |
Nine Energy Service Total Debt 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=total-debt&ticker=NINE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=NINE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();