NBR
Company Description
Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells in the United States and internationally. The company operates through four segments: U.S. Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The company offers tubular running services, including casing and tubing running, and torque monitoring; managed pressure drilling services; and drilling-bit steering systems and rig instrumentation software. The company also offers drilling systems comprising ROCKit, a directional steering control system; SmartNAV, a collaborative guidance and advisory platform; SmartSLIDE, a directional steering control system; and RigCLOUD, a digital infrastructure that integrate applications to deliver real-time insight into operations across the rig fleet. In addition, it operates a fleet of land-based drilling rigs and marketed platforms rigs; manufactures and sells top drives, catwalks, wrenches, drawworks, and other drilling related equipment, such as robotic systems and downhole tools; and provides aftermarket sales and services for the installed base of its equipment. Nabors Industries Ltd. was founded in 1952 and is based in Hamilton, Bermuda.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.18B | 2.93B | 3.01B | 2.65B | 2.02B | 2.13B | 3.04B | 3.06B | 2.56B | 2.23B | 3.86B | 6.80B |
| Net Income | 248.34M | (176.08M) | (11.78M) | (350.26M) | (569.27M) | (805.64M) | (723.88M) | (640.95M) | (546.81M) | (1.03B) | (372.68M) | (670.66M) |
| EPS | 18.75 | -22.37 | -5.49 | -40.52 | -76.58 | -118.69 | -96.77 | -95.84 | -97.63 | -186.44 | -65.96 | -115.19 |
| Free Cash Flow | (22.68M) | 13.51M | 97.01M | 127.64M | 194.74M | 154.24M | 256.82M | (133.16M) | (511.71M) | 136.45M | (10.55M) | (39.40M) |
| FCF / Share | -1.72 | 1.47 | 10.59 | 14.35 | 25.61 | 21.85 | 36.52 | -19.91 | -91.36 | 24.70 | -1.87 | -6.79 |
| Operating CF | 693.27M | 581.43M | 637.86M | 501.09M | 428.78M | 349.76M | 684.56M | 325.77M | 62.76M | 531.90M | 856.56M | 1.78B |
| Total Assets | 4.79B | 4.50B | 5.28B | 4.73B | 5.53B | 5.50B | 6.76B | 7.85B | 8.40B | 8.19B | 9.54B | 11.88B |
| Total Debt | 2.57B | 2.53B | 3.20B | 2.57B | 3.31B | 2.98B | 3.38B | 3.59B | 4.03B | 3.58B | 3.66B | 4.36B |
| Cash & Equiv | 940.71M | 389.65M | 1.06B | 451.02M | 991.47M | 472.25M | 435.99M | 447.77M | 337.00M | 264.09M | 254.53M | 501.15M |
| Book Value | 590.73M | 135.00M | 326.61M | 368.96M | 590.66M | 1.15B | 1.98B | 2.70B | 2.91B | 3.25B | 4.28B | 4.91B |
| Return on Equity | 0.42 | -1.30 | -0.04 | -0.95 | -0.96 | -0.70 | -0.37 | -0.24 | -0.19 | -0.32 | -0.09 | -0.14 |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 783.55M | 797.53M | 818.19M | 832.79M | 736.19M | 729.82M | 731.80M | 734.80M | 733.70M | 725.80M | 733.97M | 767.07M |
| Net Income | (21.85M) | 2.70M | 258.03M | (30.91M) | 32.99M | (53.67M) | (55.83M) | (32.26M) | (34.33M) | (16.70M) | (48.92M) | 4.61M |
| EPS | -1.54 | 0.17 | 18.25 | -3.36 | 2.35 | -6.67 | -6.86 | -4.29 | -4.54 | -1.83 | -5.35 | 0.31 |
| Free Cash Flow | (51.62M) | 83.78M | (2.14M) | (27.10M) | (77.22M) | (59.13M) | 15.74M | 54.29M | 2.61M | 47.77M | (9.79M) | 23.71M |
| FCF / Share | -3.63 | 5.93 | -0.15 | -2.21 | -7.38 | -6.42 | 1.71 | 5.90 | 0.28 | 5.23 | -1.07 | 2.58 |
| Operating CF | 113.34M | 245.84M | 207.88M | 151.81M | 87.73M | 148.92M | 143.62M | 181.66M | 107.24M | 181.92M | 133.43M | 168.47M |
| Total Assets | 4.39B | 4.79B | 4.83B | 5.04B | 5.05B | 4.50B | 4.55B | 4.62B | 4.64B | 5.28B | 4.73B | 4.46B |
| Total Debt | 2.13B | 2.57B | 2.36B | 2.69B | 2.70B | 2.53B | 2.51B | 2.52B | 2.52B | 3.15B | 2.51B | 2.51B |
| Cash & Equiv | 500.81M | 940.74M | 428.05M | 387.32M | 396.47M | 389.65M | 451.65M | 465.95M | 412.86M | 1.06B | 387.48M | 413.38M |
| Book Value | 568.94M | 590.73M | 579.78M | 307.98M | 342.66M | 135.00M | 191.36M | 250.37M | 286.34M | 326.61M | 348.23M | 402.65M |
| Return on Equity | -0.04 | 0.00 | 0.45 | -0.10 | 0.10 | -0.40 | -0.29 | -0.13 | -0.12 | -0.05 | -0.14 | 0.01 |