NINE vs. SRE

Last updated Jun 4, 2026

NINE (Nine Energy Service, Inc.) and SRE (Sempra Energy) are both stocks. NINE operates in Oil & Gas Equipment & Services (Energy), while SRE operates in Utilities - Diversified (Utilities). Over the past 5 years, NINE returned 35.98%/yr vs 8.97%/yr for SRE. At a 0.13 correlation, their price movements are largely independent.

Performance

NINE vs. SRE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nine Energy Service, Inc. (NINE) and Sempra Energy (SRE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NINE achieves a 3,113.77% return, which is significantly higher than SRE's 2.11% return.

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*: —

SRE

• 1D: -0.02%
• 1M: -5.14%
• YTD: 2.11%
• 6M: 0.09%
• 1Y: 18.60%
• 3Y*: 10.85%
• 5Y*: 8.97%
• 10Y*: 8.43%

*Multi-year figures are annualized to reflect compound growth (CAGR)

NINE vs. SRE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
NINE Nine Energy Service, Inc.	3,113.77%	-69.13%	-58.21%	-81.56%	1,353.00%	-63.24%	-65.22%	-65.31%	-13.64%
SRE Sempra Energy	2.11%	3.94%	21.11%	-0.06%	20.30%	7.39%	-12.78%	44.01%	5.41%

Correlation

The correlation between NINE and SRE is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.14
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.16
Correlation (All Time) Calculated using the full available price history since Jan 22, 2018	0.13

Fundamentals

Market Cap NINE : $154.98M SRE : $58.52B
EPS NINE : $1.79 SRE : $3.17
PE Ratio NINE : 6.21 SRE : 28.25
PS Ratio NINE : 0.72 SRE : 4.30
PB Ratio NINE : 1.16 SRE : 1.48
Total Revenue (TTM) NINE : $541.44M SRE : $13.61B
Gross Profit (TTM) NINE : $46.43M SRE : $4.94B
EBITDA (TTM) NINE : $41.45M SRE : $4.51B

Return for Risk

NINE vs. SRE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NINE

NINE Risk / Return Rank: 97
NINE Sharpe Ratio Rank: 85
NINE Sortino Ratio Rank: 100
NINE Omega Ratio Rank: 100
NINE Calmar Ratio Rank: 100
NINE Martin Ratio Rank: 99

SRE

SRE Risk / Return Rank: 67
SRE Sharpe Ratio Rank: 70
SRE Sortino Ratio Rank: 63
SRE Omega Ratio Rank: 60
SRE Calmar Ratio Rank: 68
SRE Martin Ratio Rank: 73

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NINE vs. SRE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nine Energy Service, Inc. (NINE) and Sempra Energy (SRE). 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.

	NINE	SRE	Difference
Sharpe ratio Return per unit of total volatility	1.71	0.94	+0.77
Sortino ratio Return per unit of downside risk	21.32	1.38	+19.94
Omega ratio Gain probability vs. loss probability	4.03	1.17	+2.85
Calmar ratio Return relative to maximum drawdown	30.98	1.48	+29.50
Martin ratio Return relative to average drawdown	50.90	4.37	+46.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NINE vs. SRE - Sharpe Ratio Comparison

The current NINE Sharpe Ratio is 1.71, which is higher than the SRE Sharpe Ratio of 0.94. The chart below compares the historical Sharpe Ratios of NINE and SRE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NINE	SRE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.71	0.94	+0.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.06	0.40	-0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.34	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.02	0.42	-0.44

Drawdowns

NINE vs. SRE - Drawdown Comparison

The maximum NINE drawdown since its inception was -99.19%, which is greater than SRE's maximum drawdown of -45.00%. Use the drawdown chart below to compare losses from any high point for NINE and SRE.

Drawdown Indicators

	NINE	SRE	Difference
Max Drawdown Largest peak-to-trough decline	-99.19%	-45.00%	-54.19%
Max Drawdown (1Y) Largest decline over 1 year	-72.93%	-12.65%	-60.28%
Max Drawdown (3Y) Largest decline over 3 years	-93.81%	-31.62%	-62.19%
Max Drawdown (5Y) Largest decline over 5 years	-98.06%	-31.62%	-66.44%
Max Drawdown (10Y) Largest decline over 10 years	—	-45.00%	—
Current Drawdown Current decline from peak	-71.56%	-10.25%	-61.31%
Average Drawdown Average peak-to-trough decline	-80.18%	-10.12%	-70.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	43.79%	4.34%	+39.45%

Volatility

NINE vs. SRE - Volatility Comparison

Nine Energy Service, Inc. (NINE) has a higher volatility of 10.35% compared to Sempra Energy (SRE) at 6.46%. This indicates that NINE's price experiences larger fluctuations and is considered to be riskier than SRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NINE	SRE	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.35%	6.46%	+3.89%
Volatility (6M) Calculated over the trailing 6-month period	269.22%	14.26%	+254.96%
Volatility (1Y) Calculated over the trailing 1-year period	1,318.80%	19.85%	+1,298.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	594.71%	22.83%	+571.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	465.60%	24.87%	+440.73%

Dividends

NINE vs. SRE - Dividend Comparison

NINE has not paid dividends to shareholders, while SRE's dividend yield for the trailing twelve months is around 2.90%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NINE Nine Energy Service, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SRE Sempra Energy	2.90%	2.92%	2.83%	3.18%	2.96%	3.33%	3.28%	2.55%	3.31%	3.08%	3.37%	2.98%

Financials

NINE vs. SRE - Profitability Comparison

The chart below illustrates the profitability comparison between Nine Energy Service, Inc. and Sempra Energy over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

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%.

SRE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Sempra Energy reported a gross profit of 2.08B and revenue of 3.66B. Therefore, the gross margin over that period was 56.9%.

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%.

SRE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Sempra Energy reported an operating income of 0.00 and revenue of 3.66B, resulting in an operating margin of 0.0%.

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%.

SRE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Sempra Energy reported a net income of 1.15B and revenue of 3.66B, resulting in a net margin of 31.5%.

Frequently Asked Questions

Can I hold both NINE and SRE in my portfolio?

NINE and SRE have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NINE or SRE?

NINE has higher volatility (10.35%) compared to SRE (6.46%). In terms of maximum drawdown, NINE dropped -99.19% vs SRE's -45.00%.

Which has better risk-adjusted returns?

NINE currently has the higher Sharpe Ratio (1.71 vs 0.94), 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.