Nine Energy Service, Inc. Annual Operating Margin in % from 2016 to 2024

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Nine Energy Service, Inc. quarterly/annual Operating Margin history and growth rate from 2016 to 2024.
  • Nine Energy Service, Inc. Operating Margin for the quarter ending December 31, 2024 was 1.61 %, a 44.1% decline year-over-year.
  • Nine Energy Service, Inc. annual Operating Margin for 2024 was 1.61 %, a 44.1% decline from 2023.
  • Nine Energy Service, Inc. annual Operating Margin for 2023 was 2.88 %, a 60.7% decline from 2022.
  • Nine Energy Service, Inc. annual Operating Margin for 2022 was 7.34 %.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2024 1.61 -1.27 -44.1% Jan 1, 2024 Dec 31, 2024
2023 2.88 -4.46 -60.7% Jan 1, 2023 Dec 31, 2023
2022 7.34 +21.7 Jan 1, 2022 Dec 31, 2022
2021 -14.3 +109 +88.4% Jan 1, 2021 Dec 31, 2021
2020 -123 -101 -462% Jan 1, 2020 Dec 31, 2020
2019 -21.9 -18.5 -541% Jan 1, 2019 Dec 31, 2019
2018 -3.42 +7.06 +67.4% Jan 1, 2018 Dec 31, 2018
2017 -10.5 +18.9 +64.4% Jan 1, 2017 Dec 31, 2017
2016 -29.4 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.