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Other financials

Income statement

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Revenue$73.7M-6.9%
Gross profit$88.1M+31.7%
Operating income-$141.8M-734%
Net income-$220.6M-2,521%
EPS (diluted)-$1.06-2,220%

Balance sheet

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Cash & equivalents$1.0M-5.5%
Total debt$3.1M-28.0%
Total equity$622.0M-29.5%
Total assets$1.3B-16.7%

Cash flow

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Operating cash flow$25.9M-8.7%
CapEx--100%
Free cash flow$25.9M-8.6%

Valuation

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Market cap$274.16M+69.4%
Enterprise value$276.22M+66.7%
P/S0.9×+0.4×

Profitability

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Gross margin99.9%+1.9pp
Operating margin-65.8%-99.3pp
Net margin-87.6%-108pp
FCF margin49.1%-1.5pp

Returns & leverage

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Return on equity-35.2%-43.7pp
Debt / equity0.0×
Current ratio0.4×-0.1×

Where this comes from

Calculated from Ring Energy’s reported figures.

$141.8Mebit+
$21.4MDepreciation Depletion & Amortization
=-$120.42M

The official record: Ring Energy’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ring Energy's EBITDA?
Ring Energy (REI) reported EBITDA of -$120.42M in Q1 2026.
How has Ring Energy's EBITDA changed year-over-year?
Ring Energy's EBITDA decreased by 367.8% year-over-year, from $44.97M to -$120.42M.
What is the long-term trend for Ring Energy's EBITDA?
Over 4 years (2021 to 2025), Ring Energy's EBITDA has grown at a -17.3% compound annual growth rate (CAGR), from $132.92M to $62.08M.
What does EBITDA mean?
Earnings before interest, taxes, depreciation, and amortization — EBIT plus the D&A add-back from the cash-flow statement (EBITDA = EBIT + D&A). A proxy for cash earnings that strips out financing, tax, and non-cash charges.