Nine Energy Service Inc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Nine Energy Service Inc (NINE) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Nine Energy Service Inc vs Its Competitors
- TTM: Trailing 12-month revenue of 556M vs 82,555M combined for its competitors (0.7% combined share).
- Trending: Latest-quarter revenue run-rate is holding steady (+1.9% annualized vs trailing 12 months), vs holding steady (-0.2%) for its tracked peer group.
- Growth: Nine Energy Service Inc generated -3.7% revenue growth year over year in Q2 2026, vs -23.0% for its competitors combined.
- Profitability: Its -3.5% net margin compares with 8.1% for the peer group.
- Peer revenue share: Nine Energy Service Inc accounted for 0.7% of combined revenue among its tracked peer group, up from 0.6% a year earlier.
- Peer differentiation: Revenue per employee of $0.52M compares with $0.44M for the peer group (1.2x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
NINE Sales vs. its Competitors, Q2 2026
Nine Energy Service Inc reported revenue contraction of 3.70 % year on year in Q2 2026, above its competitors' combined revenue change of -22.95 %.
With a net margin of -3.45 %, Nine Energy Service Inc reported lower profitability than its competitors (8.14 %).
Nine Energy Service Inc generated 0.68 % of the combined sales of its peer group, up from 0.55 % a year earlier.
API endpoints for this dataset
Nine Energy Service Inc vs. its Competitors, Q2 2026
Revenue growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in Nine Energy Service Inc reports; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Nine Energy Service Inc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Nine Energy Service Inc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (5) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (5) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Nine Energy Service Inc's competitor groups requires a Commercial License.
For context: the Oil And Gas Production industry grew revenue 3.2% year over year, combined, vs -3.7% for Nine Energy Service Inc. Nine Energy Service Inc's share of combined industry revenue moved from 0.01% to 0.01%, a gain of 0.00 percentage points.
Nine Energy Service Inc's Competitor Quality Breadth
Group definitions: see Methodology: Performance Group Definitions.
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Nine Energy Service Inc | No | No | No | No |
| Competitors combined (18) | ||||
| High-Confidence Competitors (6) | ||||
| Similar Growth & Profitability (8) | 50.00 % (4 of 8) | 37.50 % (3 of 8) | 37.50 % (3 of 8) | 12.50 % (1 of 8) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
NINE Stock Performance relative to its Competitors
NINE Stock Performance relative to High-Confidence Competitors
NINE Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Patterson uti Energy Inc | 282.9% | Outperformed |
| 2 | National Energy Services Reunited Corp | 282.9% | Outperformed |
| 3 | Mammoth Energy Services Inc | 282.9% | Outperformed |
| 4 | Nabors Industries Ltd | 282.9% | Outperformed |
| 5 | Slb Limited | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Nine Energy Service Inc's best-performing competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Publicly Traded Peers of Nine Energy Service Inc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
 Nine Energy Service Inc |
103.79 | 556.47 |
 Slb Limited |
74,730.24 | 36,886.00 |
 Halliburton Company |
26,490.88 | 22,476.00 |
 Bj s Wholesale Club Holdings Inc |
14,154.50 | 21,965.29 |
 Transocean ltd |
5,905.48 | 4,027.00 |
 Patterson uti Energy Inc |
3,812.81 | 4,838.35 |
| SUBTOTAL | 135,495.33 | 135,567.08 |
Sign in to see all competitors of Nine Energy Service Inc .
Sources: see Methodology: Peer & Competitor Identification, Sourcing.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Nine Energy Service Inc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Nine Energy Service Inc's Competitors Named by the Company
Competitive relationships identified from Nine Energy Service Inc reports and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Ncs Multistage Holdings Inc | Company report | 85% |
| Schlumberger Limited | Company report | 85% |
| Innovex | Company report | 85% |
| Patterson-UTI Energy | Company report | 85% |
| KLX Energy Services Holdings | Company report | 85% |
| Halliburton Company | Company report | 85% |
| NexTier Oilfield Solutions | Company report | 85% |
| Rpc inc | Company report | 85% |
| Superior Energy Services Inc | Company report | 85% |
| Patterson uti Energy Inc | Company report | 85% |
| Nabors Industries Ltd | Company report | 85% |
| Transocean ltd | Company report | 85% |
| Enservco Corporation | Company report | 85% |
| Propetro Holding Corp | Company report | 85% |
| Liberty Energy Inc | Company report | 85% |
| Baker Hughes Company | Company report | 85% |
| Expro Group Holdings N v | Company report | 85% |
| Mammoth Energy Services Inc | Company report | 85% |
| National Energy Services Reunited Corp | Company report | 85% |
| Basic Energy Services Inc | Company report | 85% |
| Slb Limited | Company report | 85% |
Company report basis, confidence, active dates and source counts for Nine Energy Service Inc's named competitors require a Commercial License.
Methodology: see Methodology: Peer & Competitor Identification, Sourcing.
Nine Energy Service Inc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Slb Limited | Production Systems 42.33 % |
| Halliburton Company | Completion and Production 54.16 % |
| Bj s Wholesale Club Holdings Inc | Reportable 100.00 % |
| Patterson uti Energy Inc | Completions Services 60.22 % |
| Expro Group Holdings N v | NLA 34.87 % |
Source: operating segment revenue as reported in each company's reports (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Sign in to see all peers for Nine Energy Service Inc .
Nine Energy Service Inc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Nine Energy Service Inc | 104 | 519,091 | -42,743 |
| Slb Limited | 74,730 | 338,404 | 28,541 |
| Halliburton Company | 26,491 | 468,250 | 41,750 |
| Bj s Wholesale Club Holdings Inc | 14,155 | 627,580 | 16,324 |
| Transocean ltd | 5,905 | 719,107 | 74,643 |
| Patterson uti Energy Inc | 3,813 | 612,449 | -3,113 |
| PEERS TOTAL | 135,392 | 437,922 | 29,805 |
Sign in to see all peers for Nine Energy Service Inc .
Nine Energy Service Inc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent report. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Slb Limited | Middle East 29.71 % |
| Halliburton Company | North America 37.87 % |
| Transocean ltd | US 34.90 % |
| Rpc inc | US 97.83 % |
| Nabors Industries Ltd | Middle East and Asia 40.02 % |
Source: revenue geography as reported in each company's reports (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Sign in to see all peers for Nine Energy Service Inc .
Nine Energy Service Inc's Position in Industry Market Structure
Market-capitalization share and concentration across all 112 companies in Nine Energy Service Inc's industry classification, broader than the peer set above. Market cap in millions of $.Nine Energy Service Inc ranks #0 of 112 companies by market capitalization in its industry, holding 0.00 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 788, indicating a unconcentrated market structure (see Methodology: Market Structure & Concentration).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Shell Plc | 297,503 | 18.60 % |
| 2 | Totalenergies Se | 210,564 | 13.16 % |
| 3 | Petrobras Petroleo Brasileiro Sa | 137,905 | 8.62 % |
| 4 | Canadian Natural Resources Limited | 107,018 | 6.69 % |
| 5 | Eni Spa | 1,234 | 5.2% |
| 6 | Eog Resources Inc | 1,234 | 5.2% |
| 7 | Slb Limited | 1,234 | 5.2% |
| 8 | Occidental Petroleum Corporation | 1,234 | 5.2% |
| 9 | Diamondback Energy Inc | 1,234 | 5.2% |
| 10 | Cenovus Energy Inc | 1,234 | 5.2% |
| 0 | Nine Energy Service Inc | 299 | 0.00 % |
Market cap and industry share for the rest of Nine Energy Service Inc's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-11-06.
Nine Energy Service Inc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Oil And Gas Production industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (245 companies). See the full Oil And Gas Production industry profitability benchmarks.| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 49.91 % | 26.12 % (avg) | +23.8 pp |
| Operating Margin | -0.70 % | industry median | -11.8 pp |
| EBITDA Margin | 1.76 % | 18.44 % (avg) | -16.7 pp |
| Capital Intensity (Capex / Revenue) | 2.45 % | 27.32 % (avg) | -24.9 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Nine Energy Service Inc's Valuation vs Competitive Position
Valuation multiples vs the Oil And Gas Production industry average (245 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns. See the full Oil And Gas Production industry valuation benchmarks.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | - | 16.3x | - |
| EV / EBITDA | 35.4x | 9.3x | +26.1x |
| P/B | 10.7x | 2.0x | +8.7x |
| Return on Equity | -347.58 % | industry aggregate | -359.65 % |
| Return on Invested Capital | -1.32 % | 0.94 % (avg) | -2.26 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Nine Energy Service Inc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in company reports.| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue Growth | 0.70 % | -62.68 % | 12.41 % | 69.82 % | 2.72 % | -9.09 % | 1.41 % |
| Operating Margin | -21.94 % | -123.26 % | -14.31 % | 7.34 % | 2.88 % | 1.61 % | 0.42 % |
| Return on Invested Capital | -11.99 % | -77.12 % | -14.12 % | 15.44 % | 5.54 % | 3.74 % | 1.12 % |
| P/E | - | - | - | 27.2x | - | - | - |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Nine Energy Service Inc's Strategic Group Map
Nine Energy Service Inc is shown in red; its closest peers by combined growth, margin and ROIC are labeled. See Methodology: Strategic Group Map for how this chart is built.
Nine Energy Service Inc's trailing-12-month revenue growth of -3.6% and operating margin of -0.7% compares with an average of -1.6% growth and 2.0% margin across its 8 closest peers by combined growth, margin and ROIC -- Nine Energy Service Inc sits below that peer average on growth and below it on margin.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Nine Energy Service Inc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 788 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 2.45 % vs industry average 27.32 % (see Profitability & Cost Structure above) |
Note: see Methodology: Porter's Five Forces. Supplier power and buyer power are covered on Nine Energy Service Inc's dedicated Suppliers and Customers pages, not here.
Nine Energy Service Inc's Industry Attractiveness & Competitive Strength
See Methodology: GE/McKinsey Matrix for how the two axes are built.
Nine Energy Service Inc falls in the Low attractiveness / Low strength cell: Harvest / Divest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Nine Energy Service Inc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Outperforming the U.S.A. 500 over the trailing 12 months.
Weaknesses
- Operating margin 11.8 points below the industry median.
- Return on equity 359.7 points below the industry aggregate.
Opportunities
No rule matched.
Threats
No rule matched.
Methodology: see Methodology: SWOT Analysis.
Nine Energy Service Inc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Nine Energy Service Inc | 0.19 | 2.12 | 16.70 |
| Slb Limited | 0.19 | 1.37 | 0.38 |
| Halliburton Company | 0.35 | 2.04 | 0.66 |
| Bj s Wholesale Club Holdings Inc | 0.02 | 0.76 | 0.28 |
| Transocean ltd | 0.58 | 1.55 | 0.94 |
| Patterson uti Energy Inc | 0.17 | 1.74 | 0.39 |
Sign in to see all peers for Nine Energy Service Inc .
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Nine Energy Service Inc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Nine Energy Service Inc | Q2 2026 | -3.7 % | - |
| Slb Limited | Q3 2026 | +5.8 % | -5.0 % |
| Halliburton Company | Q3 2026 | +1.8 % | +1,985.0 % |
| Bj s Wholesale Club Holdings Inc | Q1 2026 | +9.9 % | -4.7 % |
| Transocean ltd | Q3 2026 | -8.9 % | - |
| Patterson uti Energy Inc | Q3 2026 | +14.1 % | - |
| PEERS TOTAL | +8.5 % | - |
Sign in to see all peers for Nine Energy Service Inc .
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Nine Energy Service Inc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Nine Energy Service Inc | Q2 2026 | -92.5 % | -39.4 % |
| Slb Limited | Q3 2026 | +93.4 % | +15.0 % |
| Halliburton Company | Q3 2026 | - | +1.9 % |
| Bj s Wholesale Club Holdings Inc | Q1 2026 | +10.7 % | +29.5 % |
| Transocean ltd | Q3 2026 | +0.9 % | +290.9 % |
| Patterson uti Energy Inc | Q3 2026 | +308.0 % | -2.2 % |
Sign in to see all peers for Nine Energy Service Inc .
Nine Energy Service Inc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Nine Energy Service Inc | - | - | - |
| Slb Limited | 5.63% | 7.16% | 11.40% |
| Halliburton Company | 7.85% | 9.85% | 18.41% |
| Bj s Wholesale Club Holdings Inc | 7.56% | 13.16% | 26.59% |
| Transocean ltd | 2.74% | 2.61% | 5.05% |
| Patterson uti Energy Inc | - | - | - |
Sign in to see all peers for Nine Energy Service Inc .
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Nine Energy Service Inc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Nine Energy Service Inc | - | 0.19 |
| Slb Limited | 24.00 | 2.03 |
| Halliburton Company | 13.38 | 1.18 |
| Bj s Wholesale Club Holdings Inc | 25.21 | 0.64 |
| Transocean ltd | 29.11 | 1.47 |
| Patterson uti Energy Inc | - | 0.79 |
| PEERS AVERAGE | 14.82 | 1.00 |
Sign in to see all peers for Nine Energy Service Inc .
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.