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Ranger Energy Services RNGR High Specification Rigs — Employee expenses

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Other financials

Income statement

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Revenue$159.1M+17.7%
Gross profit$28.5M+43.9%
Operating income$5.1M+410%
Net income$3.0M+400%
EPS (diluted)$0.12+300%

Balance sheet

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Cash & equivalents$6.9M-82.9%
Total debt$53.3M+142%
Total equity$300.4M+10.2%
Total assets$459.2M+22.0%

Cash flow

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Operating cash flow-$3.4M-132%
CapEx$18.3M+154%
Free cash flow-$21.7M-738%

Valuation

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Market cap$370.44M+31.1%
Enterprise value$416.84M+57.7%
P/E25.2×+10.9×
P/S0.7×+0.2×

Profitability

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Gross margin17.3%-0.6pp
Operating margin3.4%-1.9pp
Net margin2.6%-0.9pp
FCF margin3.1%-5.4pp

Returns & leverage

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Return on equity5.1%-2.3pp
Debt / equity0.2×+0.1×
Current ratio1.7×-0.6×

Where this comes from

Reported directly by Ranger Energy Services in its filing.

Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.

The official record: Ranger Energy Services’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ranger Energy Services's high specification rigs — employee expenses?
Ranger Energy Services (RNGR) reported high specification rigs — employee expenses of $53.4M in Q1 2026.
How has Ranger Energy Services's high specification rigs — employee expenses changed year-over-year?
Ranger Energy Services's high specification rigs — employee expenses increased by 18.4% year-over-year, from $45.1M to $53.4M.
What is the long-term trend for Ranger Energy Services's high specification rigs — employee expenses?
Over 2 years (2023 to 2025), Ranger Energy Services's high specification rigs — employee expenses has grown at a 5.0% compound annual growth rate (CAGR), from $161.2M to $177.8M.
What does high specification rigs — employee expenses mean?
Includes all compensation, benefits, and payroll-related costs directly attributable to the personnel operating and maintaining high-specification rigs. This is a primary driver of operating costs and reflects the labor intensity required to support specialized field services.