KLXE vs. NINE
KLXE (KLX Energy Services Holdings, Inc.) and NINE (Nine Energy Service, Inc.) are both stocks. Both operate in the Oil & Gas Equipment & Services industry within the Energy sector. Over the past 5 years, KLXE returned -26.68%/yr vs 35.98%/yr for NINE. At a 0.47 correlation, their price movements are largely independent.
Performance
KLXE vs. NINE - Performance Comparison
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Returns By Period
In the year-to-date period, KLXE achieves a 58.73% return, which is significantly lower than NINE's 3,113.77% return.
KLXE
- 1D
- -2.91%
- 1M
- -25.56%
- YTD
- 58.73%
- 6M
- 80.72%
- 1Y
- 61.29%
- 3Y*
- -30.89%
- 5Y*
- -26.68%
- 10Y*
- —
NINE
- 1D
- 0.09%
- 1M
- 11.32%
- YTD
- 3,113.77%
- 6M
- 2,423.85%
- 1Y
- 2,061.06%
- 3Y*
- 48.83%
- 5Y*
- 35.98%
- 10Y*
- —
KLXE vs. NINE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
KLXE KLX Energy Services Holdings, Inc. | 58.73% | -62.05% | -55.77% | -34.95% | 458.39% | -52.01% | -79.94% | -72.54% | -21.81% |
NINE Nine Energy Service, Inc. | 3,113.77% | -69.13% | -58.21% | -81.56% | 1,353.00% | -63.24% | -65.22% | -65.31% | -25.61% |
Correlation
The correlation between KLXE and NINE is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.30 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.45 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Sep 18, 2018 | 0.47 |
The correlation between KLXE and NINE shifts across timeframes, from 0.30 (1 year) to 0.49 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
KLXE:
$58.50M
NINE:
$154.98M
KLXE:
-$3.80
NINE:
$1.79
KLXE:
0.09
NINE:
0.72
KLXE:
$627.20M
NINE:
$541.44M
KLXE:
$83.20M
NINE:
$46.43M
KLXE:
$66.60M
NINE:
$41.45M
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Return for Risk
KLXE vs. NINE — Risk / Return Rank
KLXE
NINE
KLXE vs. NINE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for KLX Energy Services Holdings, Inc. (KLXE) and Nine Energy Service, Inc. (NINE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| KLXE | NINE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.63 | 1.71 | -1.09 |
Sortino ratioReturn per unit of downside risk | 1.59 | 21.32 | -19.73 |
Omega ratioGain probability vs. loss probability | 1.18 | 4.03 | -2.85 |
Calmar ratioReturn relative to maximum drawdown | 1.34 | 30.98 | -29.64 |
Martin ratioReturn relative to average drawdown | 2.05 | 50.90 | -48.85 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| KLXE | NINE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.63 | 1.71 | -1.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.30 | 0.06 | -0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.40 | -0.02 | -0.38 |
Drawdowns
KLXE vs. NINE - Drawdown Comparison
The maximum KLXE drawdown since its inception was -99.11%, roughly equal to the maximum NINE drawdown of -99.19%. Use the drawdown chart below to compare losses from any high point for KLXE and NINE.
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Drawdown Indicators
| KLXE | NINE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.11% | -99.19% | +0.08% |
Max Drawdown (1Y)Largest decline over 1 year | -46.13% | -72.93% | +26.80% |
Max Drawdown (3Y)Largest decline over 3 years | -87.64% | -93.81% | +6.17% |
Max Drawdown (5Y)Largest decline over 5 years | -91.22% | -98.06% | +6.84% |
Current DrawdownCurrent decline from peak | -98.26% | -71.56% | -26.70% |
Average DrawdownAverage peak-to-trough decline | -86.66% | -80.18% | -6.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 29.99% | 43.79% | -13.80% |
Volatility
KLXE vs. NINE - Volatility Comparison
KLX Energy Services Holdings, Inc. (KLXE) has a higher volatility of 26.80% compared to Nine Energy Service, Inc. (NINE) at 10.35%. This indicates that KLXE's price experiences larger fluctuations and is considered to be riskier than NINE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| KLXE | NINE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.80% | 10.35% | +16.45% |
Volatility (6M)Calculated over the trailing 6-month period | 76.35% | 269.22% | -192.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 98.30% | 1,318.80% | -1,220.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 90.64% | 594.71% | -504.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 99.35% | 465.60% | -366.25% |
Dividends
KLXE vs. NINE - Dividend Comparison
Neither KLXE nor NINE has paid dividends to shareholders.
Financials
KLXE vs. NINE - Financials Comparison
This section allows you to compare key financial metrics between KLX Energy Services Holdings, Inc. and Nine Energy Service, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
KLXE vs. NINE - Profitability Comparison
KLXE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, KLX Energy Services Holdings, Inc. reported a gross profit of 25.60M and revenue of 144.70M. Therefore, the gross margin over that period was 17.7%.
NINE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Nine Energy Service, Inc. reported a gross profit of 5.63M and revenue of 130.00M. Therefore, the gross margin over that period was 4.3%.
KLXE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, KLX Energy Services Holdings, Inc. reported an operating income of 9.80M and revenue of 144.70M, resulting in an operating margin of 6.8%.
NINE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Nine Energy Service, Inc. reported an operating income of -6.08M and revenue of 130.00M, resulting in an operating margin of -4.7%.
KLXE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, KLX Energy Services Holdings, Inc. reported a net income of -24.00M and revenue of 144.70M, resulting in a net margin of -16.6%.
NINE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Nine Energy Service, Inc. reported a net income of 106.63M and revenue of 130.00M, resulting in a net margin of 82.0%.
Frequently Asked Questions
KLXE and NINE have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
KLXE has higher volatility (26.80%) compared to NINE (10.35%). In terms of maximum drawdown, KLXE dropped -99.11% vs NINE's -99.19%.
NINE currently has the higher Sharpe Ratio (1.71 vs 0.63), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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