NABORS INDUSTRIES LTD financials
Source: EDGAR filings · Built 2026-06-02T03:38:38Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -22.68M | 13.51M | 97.01M | 127.64M | 194.74M | 154.24M |
| EBITDA | 1.12B | 1.05B | 1.08B | 709.39M | 612.59M | 682.24M |
| Working Capital | 558.57M | 427.62M | 431.70M | 404.23M | 976.58M | 616.00M |
| Net Debt | 1.59B | 2.14B | 2.11B | 2.12B | 2.30B | 2.55B |
| Gross Margin | — | — | 40.44% | 37.22% | 36.21% | 37.53% |
| Operating Margin | 14.79% | 14.22% | 14.43% | 1.67% | -4.00% | -8.03% |
| Net Margin | 9.00% | -6.01% | -0.39% | -13.20% | -28.22% | -37.75% |
| Return on Equity (ROE) | 48.52% | -130.44% | -3.61% | -94.93% | -96.38% | -69.97% |
| Return on Assets (ROA) | 5.98% | -3.91% | -0.22% | -7.41% | -10.30% | -14.64% |
| Current Ratio | 1.56× | 1.75× | 1.36× | 1.68× | 2.86× | 2.19× |
| Debt-to-Equity | 4.29× | 18.77× | 9.71× | 6.97× | 5.56× | 2.63× |
| Effective Tax Rate | 30.34% | -183.46% | 61.35% | -25.05% | -11.40% | -8.12% |
| Cash Conversion Ratio | 2.42× | -3.30× | -54.13× | -1.43× | -0.75× | -0.43× |
| Accruals Ratio | -0.08× | -0.17× | -0.12× | -0.18× | -0.18× | -0.21× |
| SBC % of Revenue | 0.73% | 0.56% | 0.53% | 0.60% | 0.96% | 1.15% |
| CapEx Coverage | 0.97× | 1.02× | 1.18× | 1.34× | 1.83× | 1.79× |
| Free Cash Flow Per Share | $-1.57 | $1.47 | $10.59 | $14.35 | $25.61 | $21.85 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 3.12× | — | — | — | — | — |
| P/FCF | — | 38.93× | 7.71× | 10.80× | 3.17× | 2.67× |
| FCF Yield | — | 2.57% | 12.98% | 9.26% | 31.58% | 37.52% |
| EV / EBITDA | 2.19× | 2.62× | 2.76× | 5.28× | 4.98× | 4.46× |
| P/S | 0.27× | 0.21× | 0.29× | 0.61× | 0.37× | 0.23× |
| P/B | 1.44× | 4.51× | 2.64× | 4.41× | 1.28× | 0.42× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 3.18B | 2.93B | 3.01B | 2.65B | 2.02B | 2.13B |
| Cost of Goods and Services Sold | — | — | 1.79B | 1.67B | 1.29B | 1.33B |
| Research and Development Expense | 53.06M | 57.06M | 56.30M | 49.94M | 35.15M | 33.56M |
| Operating Income (Loss) | 471.05M | 416.77M | 433.71M | 44.32M | -80.79M | -171.46M |
| Income Tax Expense (Benefit) | 163.09M | 56.95M | 79.22M | 61.54M | 55.62M | 57.29M |
| Net Income (Loss) Attributable to Parent | 286.62M | -176.08M | -11.78M | -350.26M | -569.27M | -805.64M |
| Earnings Per Share, Basic | $18.75 | $-22.37 | $-5.49 | $-40.52 | $-76.58 | $-118.69 |
| Weighted Average Number of Shares Outstanding, Basic | 13.19M | 9.20M | 9.16M | 8.90M | 7.61M | 7.06M |
| Earnings Per Share, Diluted | $17.39 | $-22.37 | $-5.49 | $-40.52 | $-76.58 | $-118.69 |
| Weighted Average Number of Shares Outstanding, Diluted | 14.42M | 9.20M | 9.16M | 8.90M | 7.61M | 7.06M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 940.71M | 389.65M | 1.06B | 451.02M | 991.47M | 472.25M |
| Assets, Current | 1.55B | 999.54M | 1.65B | 1.00B | 1.50B | 1.13B |
| Assets | 4.79B | 4.50B | 5.28B | 4.73B | 5.53B | 5.50B |
| Long-term Debt | — | — | — | 2.54B | 3.26B | 2.99B |
| Liabilities, Current | 993.00M | 571.92M | 1.21B | 596.39M | 525.23M | 515.47M |
| Long-term Debt, Excluding Current Maturities | 2.12B | 2.51B | 2.51B | 2.54B | 3.26B | 2.97B |
| Liabilities | 3.35B | 3.30B | 4.00B | 3.51B | 4.13B | 3.80B |
| Stockholders' Equity Attributable to Parent | 590.73M | 135.00M | 326.61M | 368.96M | 590.66M | 1.15B |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 693.27M | 581.43M | 637.86M | 501.09M | 428.78M | 349.76M |
| Payments to Acquire Property, Plant, and Equipment | 715.95M | 567.92M | 540.85M | 373.44M | 234.04M | 195.52M |
| Net Cash Provided by (Used in) Investing Activities | 97.09M | -555.46M | -570.42M | -368.71M | -117.22M | -165.46M |
| Payments of Dividends | — | 87.00K | 194.00K | 65.00K | 7.38M | 22.54M |
| Net Cash Provided by (Used in) Financing Activities | -566.79M | -662.05M | 592.59M | -661.53M | 488.42M | -148.00M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -51.62M | 83.78M | -106.46M | -104.32M | -77.22M | -59.13M |
| Working Capital | 567.39M | 558.57M | 744.21M | 527.45M | 531.17M | 427.62M |
| Net Debt | 1.63B | 1.59B | 1.93B | 2.30B | 2.30B | 2.14B |
| Operating Margin | 12.17% | 14.24% | 15.62% | 8.81% | 13.83% | 14.50% |
| Net Margin | -1.94% | 1.30% | 33.51% | -3.71% | 4.48% | -7.35% |
| Return on Equity (ROE) | -2.67% | 1.75% | 47.29% | -10.04% | 9.63% | -39.76% |
| Return on Assets (ROA) | -0.35% | 0.22% | 5.67% | -0.61% | 0.65% | -1.19% |
| Current Ratio | 1.97× | 1.56× | 2.09× | 1.79× | 1.80× | 1.75× |
| Debt-to-Equity | 3.74× | 4.29× | 4.07× | 8.72× | 7.87× | 18.77× |
| Effective Tax Rate | 79.84% | 30.45% | 27.99% | 110.56% | 20.79% | -86.35% |
| Cash Conversion Ratio | -7.47× | 23.76× | 1.63× | -7.75× | 2.66× | -2.77× |
| Accruals Ratio | -0.03× | -0.05× | -0.04× | -0.05× | -0.01× | -0.04× |
| SBC % of Revenue | 0.56% | 1.10% | 1.79% | 1.04% | 0.56% | 0.64% |
| CapEx Coverage | 0.69× | 1.52× | 0.81× | 0.70× | 0.53× | 0.72× |
| Free Cash Flow Per Share | $-3.63 | $5.81 | $-6.95 | $-7.41 | $-6.62 | $-6.43 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 6.91× | 3.36× | 4.24× | — | — | — |
| P/S | 0.42× | 0.27× | 0.21× | 0.15× | 0.22× | 0.21× |
| P/B | 2.41× | 1.44× | 1.11× | 1.43× | 1.91× | 4.51× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 783.55M | 797.53M | 818.19M | 832.79M | 736.19M | 729.82M |
| Research and Development Expense | 13.51M | 13.33M | 12.98M | 12.72M | 14.04M | 14.43M |
| Operating Income (Loss) | 95.36M | 113.56M | 127.76M | 73.40M | 101.81M | 105.86M |
| Income Tax Expense (Benefit) | 16.88M | 7.44M | 117.57M | 23.08M | 15.01M | 15.23M |
| Net Income (Loss) Attributable to Parent | -15.17M | 10.35M | 274.20M | -30.91M | 32.99M | -53.67M |
| Earnings Per Share, Basic | $-1.54 | $-0.24 | $18.25 | $-2.71 | $2.35 | $-6.68 |
| Weighted Average Number of Shares Outstanding, Basic | 14.21M | 13.19M | 14.10M | 14.08M | 10.46M | 9.20M |
| Earnings Per Share, Diluted | $-1.54 | $-0.15 | $16.85 | $-2.71 | $2.18 | $-6.68 |
| Weighted Average Number of Shares Outstanding, Diluted | 14.21M | 14.42M | 15.32M | 14.08M | 11.67M | 9.20M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 500.81M | 940.71M | 428.05M | 387.32M | 396.47M | 389.65M |
| Assets, Current | 1.15B | 1.55B | 1.42B | 1.20B | 1.20B | 999.54M |
| Assets | 4.39B | 4.79B | 4.83B | 5.04B | 5.04B | 4.50B |
| Liabilities, Current | 585.22M | 993.00M | 680.21M | 669.45M | 667.64M | 571.92M |
| Long-term Debt, Excluding Current Maturities | 2.12B | 2.12B | 2.35B | 2.67B | 2.69B | 2.51B |
| Liabilities | 2.94B | 3.35B | 3.27B | 3.59B | 3.60B | 3.30B |
| Stockholders' Equity Attributable to Parent | 568.94M | 590.73M | 579.78M | 307.98M | 342.66M | 135.00M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 113.34M | 245.84M | 447.43M | 239.54M | 87.73M | 148.92M |
| Payments to Acquire Property, Plant, and Equipment | 164.95M | 162.06M | 553.89M | 343.87M | 164.95M | 208.05M |
| Net Cash Provided by (Used in) Investing Activities | -169.50M | 141.45M | -44.36M | -210.86M | -74.92M | -202.24M |
| Payments of Dividends | — | — | — | — | — | 0 |
| Net Cash Provided by (Used in) Financing Activities | -383.20M | -27.27M | -539.52M | -21.35M | -1.96M | -28.00K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (NBR CIK 0001163739),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.