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Ranger Energy Services RNGR High Specification Rigs — Assets Held for Sale

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Other financials

Income statement

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Revenue$176.5M+25.5%
Gross profit$33.8M+32.0%
Operating income$11.8M+37.2%
Net income$6.9M-5.5%
EPS (diluted)$0.29-9.4%

Balance sheet

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Cash & equivalents$4.2M-91.4%
Total debt$39.1M+42.2%
Total equity$302.9M+9.4%
Total assets$467.6M+22.5%

Cash flow

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Operating cash flow$26.4M+27.5%
CapEx$6.4M+1.6%
Free cash flow-$21.7M-738%

Valuation

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Market cap$388.01M+41.0%
Enterprise value$422.91M+66.6%
P/E27.1×+14.8×
P/S0.6×+0.2×

Profitability

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Gross margin17.7%-0.3pp
Operating margin3.7%-1.7pp
Net margin2.4%-1.6pp
FCF margin3.1%-5.4pp

Returns & leverage

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Return on equity4.9%-3.4pp
Debt / equity0.1×0.0×
Current ratio1.7×-0.7×

Where this comes from

Reported directly by Ranger Energy Services in its filing.

Tagged under the XBRL concept us-gaap:AssetsHeldForSaleNotPartOfDisposalGroupCurrent.

The source filing: Ranger Energy Services’s 10-Q, filed July 28, 2026.

Filed
Jul 28, 2026, 4:10 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050161
Line itemJune 30, 2026December 31, 2025
Contract assets34.417.1
Inventory3.03.1
Prepaid expenses and other current assets8.412.5
Assets held for sale0.30.3
Total current assets173.8121.2
Property and equipment, net278.5280.9
Intangible assets, net4.54.9
Operating leases, right-of-use assets9.411.0

Item 1. Financial Statements (Unaudited)

FAQ

What is Ranger Energy Services's high specification rigs — assets held for sale?
Ranger Energy Services (RNGR) reported high specification rigs — assets held for sale of $300K in Q2 2026.
How has Ranger Energy Services's high specification rigs — assets held for sale changed year-over-year?
Ranger Energy Services's high specification rigs — assets held for sale decreased by 25.0% year-over-year, from $400K to $300K.
What is the long-term trend for Ranger Energy Services's high specification rigs — assets held for sale?
Over 2 years (2023 to 2025), Ranger Energy Services's high specification rigs — assets held for sale has grown at a -11.0% compound annual growth rate (CAGR), from $2.4M to $1.9M.
What does high specification rigs — assets held for sale mean?
Represents the carrying value of long-lived assets within the high-specification rig segment that are classified as held for sale. This metric indicates management's intent to divest specific equipment or operational units, signaling potential changes in asset base or capital strategy.

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