Nine Energy Service, Inc. (NINE) Return on equity 2016–2020
Nine Energy Service, Inc. (NINE) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-1856.8%FY2020 · since FY2016: -24.6% → -1856.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2020 | -1856.8% | -1800.9 pp |
| FY2019 | -55.9% | -46.9 pp |
| FY2018 | -8.9% | +14.6 pp |
| FY2017 | -23.6% | +1.1 pp |
| FY2016 | -24.6% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice
More NINE financial trends
NINE RevenueNINE Net incomeNINE Net marginNINE Gross profitNINE Gross marginNINE Operating incomeNINE Operating marginNINE Operating cash flowNINE Free cash flowNINE Capital expendituresNINE Stock buybacksNINE Dividends paidNINE Total assetsNINE Total liabilitiesNINE Shareholders’ equityNINE overview →