What is Nine Energy Service's property, plant and equipment at cost?

Nine Energy Service (NINE) reported property, plant and equipment at cost of $111.21M in Q1 2026.

What does property, plant and equipment at cost mean?

The total original cost of all physical assets owned by the company before subtracting depreciation.

Property, plant and equipment at cost

Nine Energy Service Property, plant and equipment at cost decreased by 68.3% to $111.21M in Q1 2026 compared to the prior quarter. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Assets

CategoryEfficiency

SignalHigher is better

VolatilityStable

First reportedQ3 2025

Last reportedQ1 2026

How to read this metric

An increase reflects ongoing capital investment and expansion of the asset base, while a decrease suggests asset divestitures or retirements.

Detailed definition

This represents the total historical cost of all tangible long-lived assets, including land, buildings, machinery, and u...

Peer comparison

Large-scale utilities typically show high gross PPE values due to the capital-intensive nature of power generation and distribution.

Metric ID: non_current_assets_property_plant_and_equipment_gross

Historical Data

2 periods

	Q4 '25	Q1 '26
Value	$350.33M	$111.21M
QoQ Change	—	-68.3%

Range$111.21M – $350.33M

Frequently Asked Questions

What is Nine Energy Service's property, plant and equipment at cost?: Nine Energy Service (NINE) reported property, plant and equipment at cost of $111.21M in Q1 2026.
What does property, plant and equipment at cost mean?: The total original cost of all physical assets owned by the company before subtracting depreciation.