Ring Energy (REI) EV to EBITDA (2013 - 2025)
Ring Energy's EV to EBITDA was 2.90 in Q4 2025, up 150.1% from 1.16 a year earlier and up 44.3% from the prior quarter.
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Analysis
Ring Energy (REI) EV to EBITDA (2013 - 2025) Analysis & Trends
From Q4 2013 onward, Ring Energy has reported EV to EBITDA for 38 quarters.
- In earlier years, EV to EBITDA was 1.16 in FY2024 (-5.5%), 1.22 in FY2023 (+2.9%), 1.19 in FY2022 (-30.0%) and 1.70 in FY2021.
- The Q4 2025 figure marks the highest quarterly EV to EBITDA since Q1 2019.
- Compared with a year earlier, EV to EBITDA was higher in three of the last eight quarters, with growth averaging 16.1%.
- The best year-over-year quarter for EV to EBITDA over five years was Q4 2025 (growth of 150.1%); the worst was Q1 2023 (a decline of 45.2%).
- Per Business Quant data, REI's EV to EBITDA in the three quarters before Q4 2025 was 2.01 (Q3 2025), 0.83 (Q2 2025) and 1.10 (Q1 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Shell | 540.77 Bn | 451.32 Bn | 30.13 Bn |
| 2 | Chevron | 403.83 Bn | 381.62 Bn | 33.45 Bn |
| 3 | TotalEnergies SE | 188.75 Bn | 71.88 Bn | - |
| 4 | Eni Spa | 170.81 Bn | 120.33 Bn | - |
| 5 | Conocophillips | 150.42 Bn | 123.13 Bn | 12.81 Bn |
| 6 | Equinor Asa | 104.06 Bn | 50.12 Bn | - |
| 7 | Phillips 66 | 101.90 Bn | 90.89 Bn | 8.38 Bn |
| 8 | Canadian Natural Resources | 97.96 Bn | 94.91 Bn | - |
| 9 | Suncor Energy | 80.99 Bn | 66.79 Bn | - |
| 10 | Ring Energy | 343.89 Mn | 340.52 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 2.90 |
| Sep 30, 2025 | 2.01 |
| Jun 30, 2025 | 0.83 |
| Mar 31, 2025 | 1.10 |
| Dec 31, 2024 | 1.16 |
| Sep 30, 2024 | 1.27 |
| Jun 30, 2024 | 1.31 |
| Mar 31, 2024 | 1.62 |
| Dec 31, 2023 | 1.22 |
| Sep 30, 2023 | 1.62 |
| Jun 30, 2023 | 1.37 |
| Mar 31, 2023 | 1.33 |
| Dec 31, 2022 | 1.19 |
| Sep 30, 2022 | 1.36 |
| Jun 30, 2022 | 1.50 |
| Mar 31, 2022 | 2.43 |
| Dec 31, 2021 | 1.70 |
| Mar 31, 2020 | 0.28 |
| Dec 31, 2019 | 1.46 |
| Sep 30, 2019 | 1.23 |
API Access
Ring Energy EV to EBITDA 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=ev-to-ebitda&ticker=REI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "ticker": "REI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-ebitda&ticker=REI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();