RigNet (RNET) Stock Price
RigNet Price
Over the last 12 years RigNet grew revenue by 7.2% annually, reaching 207.92 M USD. Earnings per share have grown at 15.8% per year over the last 3 years. For RigNet, the net margin of -22.0% is down versus -5.2% a few years ago.
RigNet stock price
Details
Stock Price
ⓘHow to Read This Chart
This chart tracks the historical stock price of RigNet over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.
Total Return vs. Price Return
The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.
Intraday Price Data
When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how RigNet stock reacts to market openings, earnings releases, or breaking news throughout the trading session.
What to Look For
Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing RigNet's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.
| Date | RigNet Price |
|---|
RigNet Revenue, EBIT, Net Income
3 Years
5 Years
10 Years
25 Years
Max
Details
RigNet Income Statement, Balance Sheet, Cash Flow Statement
| REVENUEM USD |
|---|
| REVENUE GROWTH% |
| GROSS MARGIN% |
| GROSS INCOMEM USD |
| EBITM USD |
| EBIT MARGIN% |
| NET INCOMEM USD |
| NET INCOME GROWTH% |
| SHARESM |
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021e | 2022e | 2023e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 89.00 | 80.00 | 92.00 | 109.00 | 161.00 | 220.00 | 330.00 | 271.00 | 220.00 | 204.00 | 238.00 | 242.00 | 207.00 | 208.00 | 195.00 | 181.00 |
| – | -10.11 | 15.00 | 18.48 | 47.71 | 36.65 | 50.00 | -17.88 | -18.82 | -7.27 | 16.67 | 1.68 | -14.46 | 0.48 | -6.25 | -7.18 |
| 56.18 | 56.25 | 54.35 | 55.05 | 39.13 | 36.36 | 33.94 | 27.68 | 25.91 | 20.59 | 24.79 | 25.62 | 24.64 | 24.64 | 24.64 | 24.64 |
| 50.00 | 45.00 | 50.00 | 60.00 | 63.00 | 80.00 | 112.00 | 75.00 | 57.00 | 42.00 | 59.00 | 62.00 | 51.00 | 51.25 | 48.04 | 44.59 |
| 16.00 | 14.00 | 12.00 | 16.00 | 22.00 | 28.00 | 36.00 | 2.00 | -2.00 | -9.00 | -6.00 | -3.00 | -33.00 | – | – | – |
| 17.98 | 17.50 | 13.04 | 14.68 | 13.66 | 12.73 | 10.91 | 0.74 | -0.91 | -4.41 | -2.52 | -1.24 | -15.94 | – | – | – |
| -10.00 | -20.00 | -15.00 | 9.00 | 11.00 | 16.00 | 15.00 | -16.00 | -11.00 | -16.00 | -62.00 | -19.00 | -45.00 | – | -42.00 | -84.00 |
| – | 100.00 | -25.00 | -160.00 | 22.22 | 45.45 | -6.25 | -206.67 | -31.25 | 45.45 | 287.50 | -69.35 | 136.84 | – | – | 100.00 |
| 21.00 | 5.00 | 6.00 | 17.00 | 17.00 | 18.00 | 18.00 | 18.00 | 18.00 | 18.00 | 19.00 | 20.00 | 21.00 | 21.00 | 21.00 | 21.00 |
Details
Income Statement Key Figures
ⓘRevenue and Revenue Growth
Revenue is the starting point of every income statement — it measures the total sales RigNet generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.
Gross Margin
Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue RigNet retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare RigNet's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.
EBIT and EBIT Margin
EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.
Net Income and Earnings Per Share (EPS)
Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.
Shares Outstanding
The total number of shares RigNet has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.
Analyst Estimates
The projected figures represent consensus estimates from professional analysts. Compare these forecasts against RigNet's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.
RigNet stock margins
3 Years
5 Years
10 Years
25 Years
Max
Details
RigNet Stock Revenue, EBIT, Earnings per Share
3 Years
5 Years
10 Years
25 Years
Max
Details
RigNet business model & stock analysis
RigNet SWOT Analysis
Strengths
RigNet Inc is a recognized industry leader in providing managed communication services to the oil and gas industry. Their extensive experience and expertise allow them to offer reliable and secure network solutions tailored to the specific needs of their clients.
With operations in key international energy markets, RigNet Inc has built an extensive network infrastructure that spans across continents. This global presence enables them to efficiently serve their clients wherever they operate, facilitating seamless communication and data exchange.
RigNet Inc offers a diverse portfolio of innovative solutions, including real-time data analytics, IoT connectivity, digital collaboration tools, and cybersecurity services. This broad range of offerings positions them as a comprehensive provider of advanced communication technologies in the energy industry.
Weaknesses
As a specialized provider focused on the energy sector, RigNet Inc is vulnerable to fluctuations in the oil and gas market. Economic downturns or industry-specific challenges can impact their business, potentially leading to a decline in demand for their services.
RigNet Inc's limited diversification across industries exposes them to the risks associated with being heavily dependent on a single market segment. Expanding their offerings to other sectors could help mitigate this weakness and create new revenue streams.
Opportunities
The ongoing digital transformation in various industries presents a major opportunity for RigNet Inc. As organizations increasingly rely on advanced communication technologies and connectivity solutions, the demand for RigNet's services is expected to grow, especially in sectors like renewable energy and mining.
By expanding their operations into emerging markets with untapped potential, RigNet Inc can access new customer bases and diversify their revenue sources. These markets often seek reliable communication infrastructure for their expanding energy sectors, offering significant growth opportunities.
Threats
The managed communication services industry is highly competitive, with numerous players vying for market share. RigNet Inc faces the risk of losing clients to competitors offering similar services or new entrants introducing disruptive technologies.
The rapid pace of technological advancements poses a threat to RigNet Inc. As new communication technologies emerge, they must continually invest in research and development to remain at the forefront and offer cutting-edge solutions. Failure to adapt could result in losing their competitive edge.
RigNet Eulerpool Fair Value
Details
Fair Value Estimate
ⓘWhat Is Fair Value?
Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.
Earnings-Based Fair Value
Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.
Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021
Revenue-Based Fair Value
Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"
Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021
Dividend-Based Fair Value
Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.
Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021
How to Use This Chart
When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.
RigNet historical P/E ratio, EBIT multiple, and P/S ratio
RigNet annual returns
Details
Annual Return
ⓘWhat This Chart Shows
This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.
Price Return
Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.
Dividend Return
Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.
What to Look For
Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.
RigNet shares outstanding
3 Years
5 Years
10 Years
25 Years
Max
Details
Frequently asked questions about RigNet
The business model of RigNet Inc revolves around providing comprehensive communication solutions to various industries, particularly the oil and gas sector. RigNet offers a range of services including fully managed networking, voice, video, and Internet services. By leveraging advanced technologies and extensive industry expertise, RigNet helps companies enhance their operational efficiency, employee productivity, and safety measures. With a focus on remote locations, RigNet ensures secure and reliable communication networks to connect people, systems, and equipment. The company's solutions enable real-time data transfer, video conferencing, workforce collaboration, and remote monitoring, catering to the unique requirements of offshore and onshore operations in the energy industry.
RigNet Inc primarily operates in the telecommunication and technology industries.
The main competitors of RigNet Inc in the market include Speedcast International Limited, Global Eagle Entertainment Inc, and Hughes Network Systems. These companies compete with RigNet Inc in providing managed communication services and technology solutions to the oil and gas industry, maritime sector, and other remote locations. RigNet Inc distinguishes itself through its comprehensive suite of offerings and its extensive global network coverage.
RigNet Inc. is a leading provider of digital technology solutions for the oil and gas industry. Established in 2001, RigNet has a rich history and background in delivering reliable, secure, and efficient communication services to offshore and remote locations worldwide. With a focus on digital transformation, RigNet enables companies to enhance their operational efficiency and streamline their processes through advanced connectivity, data analytics, and cybersecurity solutions. RigNet's extensive experience and technological expertise make it a trusted partner in the industry, offering innovative solutions that help organizations improve safety, productivity, and profitability in their operations.
RigNet Inc, a leading provider of communication solutions for the energy industry, has achieved several significant milestones. The company expanded its global reach by acquiring Inmarsat's Energy Broadband business, enhancing its capabilities and customer base. RigNet Inc also partnered with Intelie to offer advanced analytics and real-time data visualization services, enabling clients to optimize their operations. Additionally, the company introduced the Managed Security Service, enhancing cybersecurity measures for their customers. RigNet Inc's commitment to innovation and expansion has solidified its position as a trusted provider in the energy industry.
RigNet Inc is primarily present in various countries and regions worldwide. With a global presence, the company operates in multiple locations including the United States, Canada, Brazil, Mexico, Europe, the Middle East, North Africa, Asia-Pacific, and the Asia-Pacific region. As a leading provider of managed communications solutions, RigNet Inc serves a vast customer base across these regions, delivering reliable and innovative services to meet the unique needs of the oil and gas industry, maritime sector, and other remote operations.
RigNet Inc represents values of innovation, integrity, and excellence in its corporate philosophy. As a leading provider of digital transformation solutions for the energy industry, RigNet focuses on delivering reliable and secure communications, networking, and cybersecurity solutions. By leveraging advanced technologies, RigNet empowers its customers to remotely monitor, manage, and optimize their operations while ensuring data protection. With a customer-centric approach, RigNet strives to provide exceptional services, enhance operational efficiencies, and drive growth for its clients worldwide. Through its commitment to cutting-edge solutions and a strong ethical foundation, RigNet Inc continues to be a trusted partner in the energy industry.
RigNet Inc is a global technology company specializing in providing digital solutions for the oil and gas industry. The company was founded in 2001 and is headquartered in Houston, Texas. The core competency of RigNet lies in connecting and monitoring inaccessible or remote locations, such as offshore platforms and drilling rigs, as well as analyzing and processing data to enable better decision-making and optimization of operations. RigNet offers a wide range of products and services to meet the specific requirements of its customers. The key business areas of the company include remote communication, network monitoring and management, data collection and analysis, and cybersecurity. RigNet aims to help its customers reduce operating costs and improve the efficiency of their operations by implementing technologies like IoT, cloud computing, and advanced analytics. The company's business model is based on providing technology solutions and related services to offer digital value to customers in the oil and gas industry. RigNet has expanded its global reach through acquisitions and continuously strengthens its market position through product development, portfolio expansion, and integration of third-party technologies. Overall, RigNet's business model focuses on creating value for customers in the oil and gas industry through digital solutions and the company is successfully establishing itself as a key partner for digital transformation in the industry.
The revenue cannot currently be calculated for RigNet.
The profit cannot currently be calculated for RigNet.
The P/E ratio cannot be calculated for RigNet at the moment.
The P/S cannot be calculated for RigNet currently.
The Eulerpool Quality Score for RigNet is 2/10.
The ISIN of RigNet is US7665821002. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of RigNet is A1C2L3. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of RigNet is RNET. The ticker symbol is used to trade RigNet shares on the stock exchange.
RigNet is assigned to the 'Energy' sector.
The dividends of RigNet are distributed in USD.
RigNet stock
RigNet Peer Group
RigNet FIGI
All fundamentals and in-depth analysis of RigNet
Our stock analysis for RigNet stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of RigNet. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.