Growth & profitability
- Revenue has grown 22.1% per year over the past 5 years.
- Operating margin has expanded, at -11.2% in the latest year.
Financial health
- Operating income covered interest expense -0.8× in the latest year.
REI Financials Ring Energy, Inc.
15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
ROEROA
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | $307M | -$35M | 0.0% | -11.2% | -4.1% | -2.5% | — | — | $902913 |
| 2024 | $366M | $67M | 0.0% | 36.3% | 7.8% | 4.8% | — | — | $2M |
| 2023 | $361M | $105M | 99.9% | 40.4% | 13.3% | 7.6% | — | — | $296384 |
| 2022 | $347M | $139M | 99.5% | 55.2% | 21.0% | 10.9% | — | — | $4M |
| 2021 | $196M | $3M | 97.8% | 48.8% | 1.1% | 0.5% | — | — | $2M |
| 2020 | $113M | -$253M | 96.4% | -237.7% | -86.0% | -38.2% | — | — | $4M |
| 2019 | — | $29M | — | — | 5.6% | 3.0% | — | — | $10M |
| 2018 | — | $9M | — | — | 1.9% | 1.6% | — | — | $10M |
| 2017 | — | $2M | — | — | 0.5% | 0.4% | — | — | $3M |
| 2016 | — | -$38M | — | — | -13.0% | -12.2% | — | — | $15M |
| 2015 | — | -$9M | — | — | -4.9% | -3.6% | — | $46M | $4M |
| 2014 | — | $8M | — | — | 5.9% | 5.0% | — | $0 | $9M |
| 2013 | — | -$452209 | — | — | -0.4% | -0.4% | $8M | — | $52M |
| 2012 | — | -$2M | — | — | -6.4% | -5.9% | $155786 | — | $5M |
| 2012 | — | -$1M | — | — | -11.9% | -11.8% | -$819372 | — | $124218 |
RevenueNet income
GrossOperatingNet
ROEROA
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | ROE | ROA | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|---|---|
| Jun '26 | $105M | $65M | 0.0% | 48.0% | 8.6% | 5.1% | — | — | $1M |
| Mar '26 | $74M | -$221M | 0.0% | -192.5% | -35.5% | -17.6% | — | — | $1M |
| Dec '25 | $67M | -$13M | 0.0% | -37.6% | -1.5% | -0.9% | — | — | $902913 |
| Sep '25 | $79M | -$52M | 0.0% | -70.0% | -6.1% | -3.6% | — | — | $286907 |
| Jun '25 | $83M | $21M | 0.0% | 28.4% | 2.3% | 1.4% | — | — | $0 |
| Mar '25 | $79M | $9M | 0.0% | 28.3% | 1.0% | 0.6% | — | — | $1M |
| Dec '24 | $83M | $6M | 0.0% | 28.3% | 0.7% | 0.4% | — | — | $2M |
| Sep '24 | $89M | $34M | 0.0% | 33.4% | 4.0% | 2.4% | — | — | $0 |
| Jun '24 | $99M | $22M | 0.0% | 42.2% | 2.7% | 1.6% | — | — | $1M |
| Mar '24 | $95M | $6M | 0.0% | 39.8% | 0.7% | 0.4% | — | — | $1M |
| Dec '23 | $100M | $51M | 0.0% | 40.9% | 6.5% | 3.7% | — | — | $296384 |
| Sep '23 | $94M | -$8M | 0.0% | 42.2% | -1.0% | -0.6% | — | — | $138581 |
| Jun '23 | $79M | $29M | 0.0% | 37.4% | 3.9% | 2.2% | — | — | $2M |
| Mar '23 | $88M | $33M | 100.0% | 40.5% | 4.7% | 2.6% | — | — | $2M |
| Dec '22 | $100M | $14M | 100.0% | 46.0% | 2.2% | 1.1% | — | — | $4M |
| Sep '22 | $94M | $75M | 100.0% | 56.7% | 14.8% | 6.0% | — | — | $890567 |
| Jun '22 | $85M | $42M | 99.4% | 63.7% | 11.7% | 5.6% | — | — | $2M |
| Mar '22 | $68M | $7M | 98.1% | 56.0% | 2.3% | 1.0% | — | — | $2M |
| Dec '21 | — | $24M | — | — | 8.0% | 3.5% | — | — | $2M |
| Sep '21 | — | $14M | — | — | 5.1% | 2.1% | — | — | $2M |
Valuation over time
How the market has priced REI against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has fallen from 3.6× (Mar '23) to 3.5× (Nov '25).
- The price-to-sales ratio has fallen from 1.4× (Mar '23) to 1.1× (Nov '26).
P/E
P/S
Frequently asked questions
Is REI growing its revenue and profit?
Over the past 5 years, Ring Energy, Inc.'s revenue has grown 22.1% per year. These are computed facts, not advice.
How much debt does REI have?
As of FY2025, Ring Energy, Inc. reported — of total debt against $902913 of cash; operating income covered interest expense -0.8×.
What is REI's profit margin?
In FY2025, gross margin was —, operating margin -11.2%, and net margin -11.3%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.