Nine Energy Service, Inc. (NINE) Gross margin 2016–2020
Nine Energy Service, Inc. (NINE) gross margin by fiscal year — reported gross profit divided by reported revenue.
2.8%FY2020 · since FY2016: 12.8% → 2.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2020 | 2.8% | -16.8 pp |
| FY2019 | 19.6% | -3.1 pp |
| FY2018 | 22.7% | +5.2 pp |
| FY2017 | 17.5% | +4.7 pp |
| FY2016 | 12.8% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice