Nine Energy Service annual debt-to-ebitda ratio
2017
2018
2022
2023
2024
2025
Nine Energy Service Debt-to-EBITDA Ratio Growth & History (NINE)
Nine Energy Service's debt-to-ebitda ratio was 10.42 for fiscal 2025.
View full Nine Energy Service company overviewNine Energy Service annual debt-to-ebitda ratio history
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 10.42 | 2.57 | +32.72% |
| 2024 | 2024-12-31 | 7.85 | 1.56 | +24.75% |
| 2023 | 2023-12-31 | 6.29 | 1.78 | +39.56% |
| 2022 | 2022-12-31 | 4.51 | — | — |
| 2018 | 2018-12-31 | 12.05 | −33.91 | −73.78% |
| 2017 | 2017-12-31 | 45.96 | — | — |
Nine Energy Service quarterly debt-to-ebitda ratio
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q2.26
| Fiscal quarter | Period ended | Debt-to-EBITDA ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 13.21 | 5.96 | +82.14% |
| Q4 2025 | 2025-12-31 | 10.42 | 2.57 | +32.72% |
| Q3 2025 | 2025-09-30 | 8.18 | 0.34 | +4.30% |
| Q2 2025 | 2025-06-30 | 7.25 | −1.03 | −12.44% |
| Q1 2025 | 2025-03-31 | 7.80 | 1.25 | +19.07% |
| Q4 2024 | 2024-12-31 | 7.85 | 1.56 | +24.75% |
| Q3 2024 | 2024-09-30 | 7.84 | 2.84 | +56.71% |
| Q2 2024 | 2024-06-30 | 8.28 | 4.21 | +103.24% |
| Q1 2024 | 2024-03-31 | 6.55 | 2.38 | +57.12% |
| Q4 2023 | 2023-12-31 | 6.29 | 1.78 | +39.56% |
| Q3 2023 | 2023-09-30 | 5.00 | −1.17 | −18.98% |
| Q2 2023 | 2023-06-30 | 4.07 | −7.30 | −64.18% |
| Q1 2023 | 2023-03-31 | 4.17 | −27.32 | −86.76% |
| Q4 2022 | 2022-12-31 | 4.51 | — | — |
| Q3 2022 | 2022-09-30 | 6.18 | — | — |
| Q2 2022 | 2022-06-30 | 11.38 | — | — |
| Q1 2022 | 2022-03-31 | 31.49 | — | — |
| Q3 2019 | 2019-09-30 | 9.50 | 7.56 | +389.75% |
| Q2 2019 | 2019-06-30 | 5.91 | 3.26 | +122.74% |
| Q1 2019 | 2019-03-31 | 6.72 | 1.98 | +41.73% |
| Q4 2018 | 2018-12-31 | 12.05 | −33.91 | −73.78% |
| Q3 2018 | 2018-09-30 | 1.94 | — | — |
| Q2 2018 | 2018-06-30 | 2.65 | — | — |
| Q1 2018 | 2018-03-31 | 4.74 | — | — |
| Q4 2017 | 2017-12-31 | 45.96 | — | — |
Nine Energy Service debt-to-ebitda ratio trends
Between the periods ended 2017-12-31 and 2025-12-31, Nine Energy Service's debt-to-ebitda ratio decreased from 45.96 to 10.42, a change of −35.54. The latest reported quarter, Q2 2026, shows 13.21.
About the metric
What the debt-to-EBITDA ratio means
Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.
Calculation and source
How debt-to-EBITDA is calculated
TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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