Nine Energy Service's revenue for the
three
months ended in Mar. 2024 was $142.1 Mil.
Its revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $588.2 Mil.
Nine Energy Service's Revenue per Share for the
three
months ended in Mar. 2024 was $4.20.
Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $17.48.
Warning Sign:
Nine Energy Service Inc revenue per share has been in decline for the last 5 years.
During the past 12 months, the average Revenue per Share Growth Rate of Nine Energy Service was -12.00% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 20.60% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -11.50% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.
During the past 9 years, Nine Energy Service's highest 3-Year average Revenue per Share Growth Rate was 29.30% per year. The lowest was -30.20% per year. And the median was 0.75% per year.
Nine Energy Service Revenue Historical Data
The historical data trend for Nine Energy Service's Revenue can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Nine Energy Service's Revenue
For the Oil & Gas Equipment & Services subindustry, Nine Energy Service's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nine Energy Service's Revenue Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Nine Energy Service's Revenue distribution charts can be found below:
* The bar in red indicates where Nine Energy Service's Revenue falls into.
Nine Energy Service Revenue Calculation
Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.
Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $588.2 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nine Energy Service (NYSE:NINE) Revenue Explanation
In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.
Peter Lynch categorized companies according to their revenue growth:
His favorite companies are stalwart, those growing between 10-20% a year.
Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.
Be Aware
Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.
Nine Energy Service Revenue Related Terms
Thank you for viewing the detailed overview of Nine Energy Service's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Nine Energy Service (Nine Energy Service) Business Description
Nine Energy Service Inc is a North American onshore completion and production services provider. It targets unconventional oil and gas resource development. It operates in one segment, Completion Solutions. The Completion Solutions segment offers cementing services; completion tools, including liner hangers and accessories, frac sleeves, fully composite frac plugs, and specialty open hole float equipment and centralizers and other services. It operates in the US, Canada, and other countries where most of the revenue is generated from the United States.
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