Ranger Energy Services, Inc. Class A Common Stock (RNGR) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 26	$0.31	$0.2	-35.5%	—	$159.1M	—
Q4 25	$0.21	$0.18	-14.3%	—	$142.2M	—
Q3 25	$0.38	$0.18	-52.6%	—	$128.9M	—
Q2 25	$0.24	$0.25	+4.2%	—	$140.6M	—
Q1 25	$0.13	$0.03	-76.9%	—	$135.2M	—
Q4 24	$0.19	$0.25	+31.6%	—	$143.1M	—
Q3 24	$0.22	$0.38	+72.7%	—	$153M	—
Q2 24	$0.17	$0.29	+70.6%	—	$138.1M	—
Q1 24	$0.14	-$0.06	-142.9%	—	$136.9M	—
Q4 23	$0.32	$0.13	-59.4%	—	$151.5M	—
Q3 23	$0.49	$0.39	-20.4%	—	$164.4M	—
Q2 23	$0.44	$0.24	-45.5%	—	$163.2M	—
Q1 23	$0.36	$0.24	-33.3%	—	$157.5M	—
Q4 22	$0.35	$0.33	-5.7%	—	$154.3M	—
Q3 22	$0.35	$0.52	+48.6%	—	$177M	—
Q2 22	$0.04	$0.04	0.0%	—	$153.6M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$0.55	—	—	$546.9M	—
FY24	—	$0.82	—	—	$571.1M	—
FY23	—	$0.97	—	—	$636.6M	—
FY22	—	$0.66	—	—	$608.5M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$52.8M	$154M	$303.1M	$336.9M	$187.8M	$293.1M	$608.5M	$636.6M	$571.1M	$546.9M
YoY change	+149.1%	+191.7%	+96.8%	+11.2%	-44.3%	+56.1%	+107.6%	+4.62%	-10.3%	-4.24%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	52.8M	154M	303.1M	336.9M	187.8M	293.1M	608.5M	636.6M	571.1M	546.9M
Cost of revenue	45.9M	144.2M	267.2M	297.8M	182.9M	300.1M	548.3M	571.6M	516.9M	502.9M
Gross profit	6.9M	9.8M	35.9M	39.1M	4.9M	-7M	60.2M	65M	54.2M	44M
Gross margin	13.1%	6.36%	11.8%	11.6%	2.61%	-2.39%	9.89%	10.2%	9.49%	8.05%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	11.4M	30.4M	29M	26.7M	22.1M	34.6M	39.9M	29.5M	27.8M	29.6M
Operating expenses	11.4M	30.4M	29M	26.7M	22.1M	34.6M	39.9M	29.5M	27.8M	29.6M
Operating income	-4.5M	-20.6M	6.9M	12.4M	-17.2M	-41.6M	20.3M	35.5M	26.4M	14.4M
Operating margin	-8.52%	-13.4%	2.28%	3.68%	-9.16%	-14.2%	3.34%	5.58%	4.62%	2.63%
Non-operating income, net	0	—	-9M	—	2.1M	38.3M	3M	-1M	2.2M	4.6M
Pretax income	-5M	-26.9M	-5.8M	6.6M	-18.5M	-8.3M	16M	31M	26M	17.8M
Income tax	0	400K	0	2.2M	0	-6.2M	900K	7.2M	7.6M	5.5M
Net income	0	-12.1M	-5.8M	4.4M	-18.5M	-2.1M	15.1M	23.8M	18.4M	12.3M
Net margin	0%	-7.86%	-1.91%	1.31%	-9.85%	-0.72%	2.48%	3.74%	3.22%	2.25%
EBITDA	2.1M	-2.8M	37.2M	47.2M	17.8M	-4.8M	64.7M	75.4M	70.5M	64.3M
EPS	0	-0.78	-0.39	0.21	-1.21	0.73	0.66	0.97	0.82	0.55
Diluted EPS	0	-0.78	-0.39	0.21	-1.24	0.63	0.65	0.95	0.81	0.54

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	164.4M	151.5M	136.9M	138.1M	153M	143.1M	135.2M	140.6M	128.9M	142.2M	159.1M	176.5M
Cost of revenue	145.4M	140.3M	132M	124.2M	133.1M	127.6M	126M	125.9M	120.1M	130.9M	146.8M	158.3M
Gross profit	19M	11.2M	4.9M	13.9M	19.9M	15.5M	9.2M	14.7M	8.8M	11.3M	12.3M	18.2M
Gross margin	11.6%	7.39%	3.58%	10.1%	13%	10.8%	6.8%	10.5%	6.83%	7.95%	7.73%	10.3%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	7M	6.8M	6.7M	6.9M	7.1M	7.1M	7.1M	7M	6.6M	8.9M	7.8M	7.6M
Operating expenses	7M	6.8M	6.7M	6.9M	7.1M	7.1M	7.1M	7M	6.6M	8.9M	7.8M	7.6M
Operating income	12M	4.4M	-1.8M	7M	12.8M	8.4M	2.1M	7.7M	2.2M	2.4M	4.5M	10.6M
Operating margin	7.3%	2.9%	-1.31%	5.07%	8.37%	5.87%	1.55%	5.48%	1.71%	1.69%	2.83%	6.01%
Non-operating income, net	-300K	200K	1.3M	300K	100K	500K	-1.1M	2.5M	700K	2.5M	300K	800K
Pretax income	11M	3.9M	-1.3M	6.7M	12.2M	8.4M	500K	10.1M	2.5M	4.7M	4M	10.3M
Income tax	1.6M	1.8M	-500K	2M	3.5M	2.6M	-100K	2.8M	1.3M	1.5M	1M	3.4M
Net income	9.4M	2.1M	-800K	4.7M	8.7M	5.8M	600K	7.3M	1.2M	3.2M	3M	6.9M
Net margin	5.72%	1.39%	-0.58%	3.4%	5.69%	4.05%	0.44%	5.19%	0.93%	2.25%	1.89%	3.91%
EBITDA	22.6M	15M	9.4M	18M	23.9M	19.2M	12.7M	20.2M	13.5M	17.9M	20.4M	25.8M
EPS	0.38	0.09	-0.04	0.21	0.39	0.26	0.03	0.33	0.06	0.14	0.13	0.29
Diluted EPS	0.38	0.09	-0.04	0.21	0.39	0.25	0.03	0.32	0.05	0.14	0.12	0.29

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	—	—	43.6M	55.6M	31.1M	—	—	251.7M	348.6M	312.6M	357.1M
Enterprise value	—	—	112.5M	104.3M	58M	—	—	258.3M	330.5M	333.9M	407.9M
Shares outstanding	6.8M	8.4M	8.4M	8.6M	8.5M	11.9M	23M	24.6M	22.5M	22.4M	22.4M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	—	—	12.6	—	—	—	10.6	18.9	25.4	25.6
P/S	—	—	0.14	0.17	0.17	—	—	0.4	0.61	0.57	0.59
P/B	—	—	0.23	0.27	0.17	—	—	0.93	1.27	1.04	1.19
EV/EBITDA	—	—	3.02	2.21	3.26	—	—	3.43	4.69	5.19	5.35
EV/Sales	—	—	0.37	0.31	0.31	—	—	0.41	0.58	0.61	0.67
Earnings yield	—	—	—	7.91%	—	—	—	9.46%	5.28%	3.94%	3.9%
FCF yield	—	—	-110.9%	49.8%	58.9%	—	—	21.6%	14.5%	13.7%	-1.89%
PEG	—	—	—	—	—	—	—	—	—	—	-2.11

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	13.1%	6.36%	11.8%	11.6%	2.61%	-2.39%	9.89%	10.2%	9.49%	8.05%	10.3%
Operating margin	-8.52%	-13.4%	2.28%	3.68%	-9.16%	-14.2%	3.34%	5.58%	4.62%	2.63%	6.01%
Net margin	0%	-7.86%	-1.91%	1.31%	-9.85%	-0.72%	2.48%	3.74%	3.22%	2.25%	2.36%
ROE	0%	-6.18%	-3.02%	2.17%	-10%	-0.84%	5.67%	8.76%	6.72%	4.1%	4.93%
ROA	0%	-4.66%	-1.92%	1.5%	-7.69%	-0.53%	3.96%	6.3%	4.82%	2.93%	2.9%
ROIC	-3.63%	-9.95%	2.64%	3.28%	-8.12%	-12.6%	6.37%	9.79%	7.31%	3.1%	3.88%
Return on tangible assets	0%	-5.5%	-2.05%	1.6%	-8.27%	-0.56%	4.11%	6.51%	4.97%	3%	3.12%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.87	0.93	1.04	1.07	1.08	1.02	1.88	1.96	2.21	1.75	1.73
Quick ratio	1.87	0.9	0.95	1	1.01	1	1.8	1.87	2.12	1.71	1.7
Debt / equity	0.11	0.08	0.37	0.27	0.16	0.33	0.14	0.08	0.08	0.11	0.16
Debt / assets	0.1	0.06	0.24	0.19	0.12	0.21	0.1	0.06	0.06	0.08	0.08
Net debt / EBITDA	5.38	-4.04	1.85	1.03	1.51	-17.2	0.53	0.09	-0.26	0.33	0.45
Interest coverage	-9	-3.27	-0.57	2.14	-4.44	-0.66	3.19	9.86	11	15.8	9.6
Effective tax rate	0%	0%	0%	33.3%	0%	0%	5.63%	23.2%	29.2%	30.9%	33.5%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	7.78	18.3	36	39	22	24.7	26.5	25.9	25.4	24.5	26.4
EPS (basic)	0	-0.78	-0.39	0.21	-1.21	0.73	0.66	0.97	0.82	0.55	0.55
EPS (diluted)	0	-0.78	-0.39	0.21	-1.24	0.63	0.65	0.95	0.81	0.54	0.6
Book value per share	16.6	23.3	22.8	23.5	21.7	21	11.6	11	12.2	13.4	12.9
FCF per share	-2.42	-4.64	-5.73	3.21	2.14	-3.79	1.34	2.21	2.24	1.92	0.98
Cash per share	0.24	0.63	0.31	0.8	0.33	0.05	0.16	0.64	1.82	0.46	0.18
Capex per share	1.34	2.52	8.36	2.71	0.63	0.3	0.46	1.21	1.38	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	17.2%	13.8%	23.2%	6.95%	2.88%	1.19%	1.73%	4.67%	5.45%	—	—
Capex / operating cash flow	-135.8%	-96.4%	651.9%	44.4%	15.7%	-6.36%	27%	30.5%	34.2%	—	—
Payout ratio	—	0%	—	—	—	—	0%	10.1%	24.5%	44.7%	40%
Dividend yield	—	—	—	—	—	—	—	0.95%	1.29%	1.76%	1.57%

Yield

1.57%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.06

ex-dividend Aug 7, 2026

Payout ratio

40%

of earnings

Dividend growth

2 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 7, 2026	$0.06
May 8, 2026	$0.06
Mar 20, 2026	$0.06
Nov 21, 2025	$0.06
Aug 8, 2025	$0.06
May 9, 2025	$0.06
Mar 14, 2025	$0.06
Nov 8, 2024	$0.05

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$164.4M	$151.5M	$136.9M	$138.1M	$153M	$143.1M	$135.2M	$140.6M	$128.9M	$142.2M	$159.1M	$176.5M
YoY change	-7.12%	-1.81%	-13.1%	-15.4%	-6.93%	-5.54%	-1.24%	+1.81%	-15.8%	-0.63%	+17.7%	+25.5%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	1.6M	5.3M	2.6M	6.9M	2.8M	600K	3.7M	15.7M	40.9M	10.3M
Receivables	13.4M	32.1M	45.4M	41.5M	25.9M	80.8M	91.2M	85.4M	68.4M	77.9M
Inventory	—	1.5M	4.9M	3.8M	2.3M	2.5M	5.9M	6.4M	5.7M	3.1M
Total current assets	22.3M	49.1M	61.1M	58.7M	35.7M	105.2M	140.1M	135.4M	143.9M	121.2M
Property, plant & equipment	102.4M	189.2M	229.8M	225.4M	195.2M	277.4M	232.8M	235.3M	231.3M	291.9M
Goodwill & intangibles	21.6M	39.6M	20M	18.6M	17M	15.6M	14.2M	12.6M	11.2M	9.8M
Total assets	135.7M	259.7M	302.5M	293.5M	240.6M	393.1M	381.6M	378M	381.6M	419.3M
Accounts payable	8.3M	36.8M	22.8M	22.1M	13.2M	33.2M	40.2M	44.3M	34.9M	34.4M
Short-term debt	2.8M	9.3M	20.2M	20.9M	10M	46.3M	13.4M	7.4M	8.7M	14.8M
Total current liabilities	11.9M	52.9M	58.9M	55.1M	33M	102.7M	74.5M	69M	65.2M	69.2M
Long-term debt	10.1M	7.3M	51.3M	34.7M	19.7M	36.7M	24.7M	14.9M	14.1M	16.8M
Total liabilities	23.1M	64M	110.5M	90.5M	55.8M	144.4M	115.4M	106.2M	107.8M	119.2M
Shareholders' equity	112.6M	195.7M	192M	203M	184.8M	248.7M	266.2M	271.8M	273.8M	300.1M
Total debt	12.9M	16.6M	71.5M	55.6M	29.7M	83M	38.1M	22.3M	22.8M	31.6M
Net debt	11.3M	11.3M	68.9M	48.7M	26.9M	82.4M	34.4M	6.6M	-18.1M	21.3M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	8.2M	15.7M	11.1M	8.7M	14.8M	40.9M	40.3M	48.9M	45.2M	10.3M	6.9M	4.2M
Receivables	89.9M	85.4M	70.6M	70.2M	81.9M	68.4M	67.1M	69.5M	74.1M	77.9M	119.1M	123.5M
Inventory	7.7M	6.4M	6.4M	6.5M	5.7M	5.7M	5.8M	5.6M	4M	3.1M	3.1M	3M
Total current assets	151M	135.4M	116.5M	114.4M	132.7M	143.9M	143.5M	151.6M	147.2M	121.2M	158.9M	173.8M
Property, plant & equipment	234.8M	235.3M	232M	238.3M	234.6M	231.3M	226.8M	223.9M	219.8M	291.9M	294.2M	287.9M
Goodwill & intangibles	13M	12.6M	12.2M	12M	11.6M	11.2M	10.8M	10.4M	10M	9.8M	9.4M	9M
Total assets	393.5M	378M	355.5M	359.6M	373.9M	381.6M	376.5M	381.7M	372.8M	419.3M	459.2M	467.6M
Accounts payable	47.2M	44.3M	35.4M	34.3M	38.2M	34.9M	36.9M	34.4M	34.2M	34.4M	33.5M	42.9M
Short-term debt	10.3M	7.4M	7.4M	7.9M	8.2M	8.7M	8.7M	8.7M	8.5M	14.8M	37.5M	24.3M
Total current liabilities	79.6M	69M	58M	61.5M	66.5M	65.2M	62.3M	61.3M	59.7M	69.2M	95.8M	100.5M
Long-term debt	8M	14.9M	14.2M	14.5M	13.3M	14.1M	13.4M	12.9M	11.4M	16.8M	15.8M	14.8M
Total liabilities	113M	106.2M	93.8M	99.1M	106.3M	107.8M	103.9M	104.8M	102.8M	119.2M	158.8M	164.7M
Shareholders' equity	280.5M	271.8M	261.7M	260.5M	267.6M	273.8M	272.6M	276.9M	270M	300.1M	300.4M	302.9M
Total debt	18.3M	22.3M	21.6M	22.4M	21.5M	22.8M	22.1M	21.6M	19.9M	31.6M	53.3M	39.1M
Net debt	10.1M	6.6M	10.5M	13.7M	6.7M	-18.1M	-18.2M	-27.3M	-25.3M	21.3M	46.4M	34.9M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	-5M	-27.3M	-5.8M	4.4M	-18.5M	-2.1M	15.1M	23.8M	18.4M	12.3M
Depreciation & amortization	6.6M	17.8M	30.3M	34.8M	35M	36.8M	44.4M	39.9M	44.1M	46.3M
Stock-based compensation	500K	1.2M	2.1M	3.3M	3.7M	3.2M	3.8M	4.8M	5.8M	6.5M
Change in working capital	-8.8M	-18.9M	-16.2M	9.3M	11.6M	-55.2M	-22.3M	20M	14.4M	5.3M
Operating cash flow	-6.7M	-22M	10.8M	52.7M	34.4M	-55M	38.9M	97.4M	90.9M	69M
Capital expenditure	-9.1M	-21.2M	-70.4M	-23.4M	-5.4M	3.5M	10.5M	-29.7M	-31.1M	—
Investing cash flow	-25.4M	-68.9M	-74.4M	-23.4M	-5.4M	-36.4M	11.3M	-29.7M	-31.1M	-52.5M
Dividends paid	-3M	0	—	—	—	—	0	-2.4M	-4.5M	-5.5M
Share repurchases	0	-3.9M	0	-700K	-3.1M	0	0	-19.3M	-15.5M	-12.2M
Financing cash flow	31.1M	72.2M	62.5M	-32.7M	-26.7M	93.1M	-78.3M	-51.6M	-28.2M	-23.5M
Net change in cash	-1M	-18.7M	-1.1M	-3.4M	2.3M	1.7M	-28.1M	16.1M	31.6M	-7M
Free cash flow	-16.4M	-39M	-48.3M	27.7M	18.3M	-45M	30.7M	54.3M	50.4M	42.9M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	9.4M	2.1M	-800K	4.7M	8.7M	5.8M	600K	7.3M	1.2M	3.2M	3M	6.9M
Depreciation & amortization	10.6M	10.6M	11.2M	11M	11.1M	10.8M	10.6M	10.9M	11M	13.8M	16.2M	15.6M
Stock-based compensation	1.2M	1.2M	1.3M	1.4M	1.5M	1.6M	1.6M	1.6M	1.7M	1.6M	1.6M	1.7M
Change in working capital	-9.8M	22.7M	1.5M	1.7M	-6.2M	17.4M	-2.6M	-4.7M	-700K	13.3M	-32.4M	-12.1M
Operating cash flow	13.8M	38.4M	12.9M	20.9M	18.6M	38.5M	10.3M	18.4M	13.6M	24.1M	-3.4M	26.4M
Capital expenditure	-14.8M	-6.7M	-5.7M	-14.6M	-6.9M	-3.9M	-6.1M	-5.5M	—	—	—	—
Investing cash flow	-14.8M	-6.7M	-5.7M	-14.6M	-6.9M	-3.9M	-6.1M	-5.5M	—	—	—	—
Dividends paid	-1.2M	-1.2M	—	—	-1.1M	-1.1M	-1.3M	-1.5M	-1.3M	-1.4M	0	-3M
Share repurchases	-2.7M	-10.7M	-8.5M	-5.3M	-1.7M	0	0	-3.3M	-8.2M	-700K	-500K	-4.5M
Financing cash flow	14.4M	-33.5M	-10.9M	-7.6M	-4.7M	-2.7M	-5.1M	-6.6M	-11.4M	-400K	17.3M	-23M
Net change in cash	13.4M	-1.8M	-3.7M	-1.3M	7M	31.9M	-900K	6.3M	2.2M	23.7M	13.9M	3.4M
Free cash flow	-2.8M	29.1M	5.5M	6.8M	10.8M	27.3M	3.4M	14.4M	8M	17.1M	-21.7M	20M

Ranger Energy Services, Inc. Class A Common Stock Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement