NBR
Nabors Industries Ltd
NYSE: NBR · ENERGY · OIL & GAS DRILLING
$104.18
+11.28% today
Updated 2026-04-29
Market cap
$1.53B
P/E ratio
5.99
P/S ratio
0.48x
EPS (TTM)
$17.39
Dividend yield
—
52W range
$23 – $105
Volume
0.4M
Nabors Industries Ltd (NBR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.94B | $4.94B | $5.30B | $3.50B | $4.22B | $6.06B | $6.99B | $6.15B | $6.80B | $3.86B | $2.23B | $2.56B | $3.06B | $3.04B | $2.13B | $2.02B | $2.65B | $3.01B | $2.93B | $3.18B |
| Revenue growth (YoY) | — | -0.0% | +7.3% | -33.9% | +20.3% | +43.8% | +15.3% | -12.0% | +10.6% | -43.2% | -42.4% | +15.1% | +19.2% | -0.5% | -29.9% | -5.5% | +31.5% | +13.3% | -2.5% | +8.7% |
| Cost of revenue | $2.57B | $2.76B | $3.11B | $2.01B | $2.42B | $3.78B | $4.37B | $3.98B | $4.51B | $2.37B | $1.34B | $1.72B | $1.98B | $2.81B | $1.34B | $1.29B | $1.67B | $1.79B | $2.38B | $2.56B |
| Gross profit | $2.37B | $2.18B | $2.19B | $1.49B | $1.79B | $2.28B | $2.48B | $2.17B | $2.30B | $1.49B | $883.54M | $846.22M | $1.08B | $237.96M | $798.03M | $730.23M | $987.76M | $1.22B | $554.31M | $621.08M |
| Gross margin | 48.0% | 44.0% | 41.4% | 42.6% | 42.5% | 37.7% | 35.4% | 35.3% | 33.8% | 38.6% | 39.7% | 33.0% | 35.3% | 7.8% | 37.4% | 36.2% | 37.2% | 40.4% | 18.9% | 19.5% |
| R&D | — | — | — | $0.00 | — | $0.00 | $0.00 | $45.44M | $49.70M | $41.25M | $33.58M | $51.07M | $70.19M | $50.36M | $36.50M | $35.57M | $49.94M | $56.30M | $57.06M | $53.06M |
| SG&A | $420.85M | $436.28M | $479.98M | $429.66M | $346.66M | $489.89M | $532.57M | $525.33M | $549.73M | $324.33M | $227.64M | $251.18M | $265.82M | $258.73M | $203.51M | $213.56M | $228.43M | $244.15M | $249.32M | $304.59M |
| Operating income | $1.52B | $1.27B | $1.22B | $368.96M | $616.02M | $927.05M | $908.07M | $558.18M | $1.75B | $1.13B | $622.32M | $543.96M | $744.63M | $-71.13M | $558.02M | $481.10M | $709.39M | $915.16M | $247.93M | $263.43M |
| Operating margin | 30.7% | 25.7% | 23.0% | 10.5% | 14.6% | 15.3% | 13.0% | 9.1% | 25.7% | 29.2% | 27.9% | 21.2% | 24.4% | -2.3% | 26.1% | 23.8% | 26.7% | 30.4% | 8.5% | 8.3% |
| EBITDA | $1.94B | $1.83B | $1.52B | $1.05B | $1.15B | $1.67B | $1.97B | $1.68B | $1.75B | $1.13B | $624.99M | $546.46M | $760.32M | $491.48M | $560.95M | $481.52M | $709.39M | $915.15M | $813.23M | $912.67M |
| EBITDA margin | 39.3% | 37.0% | 28.7% | 29.9% | 27.2% | 27.5% | 28.1% | 27.3% | 25.8% | 29.2% | 28.1% | 21.3% | 24.9% | 16.1% | 26.3% | 23.9% | 26.7% | 30.4% | 27.8% | 28.7% |
| EBIT | $1.52B | $1.27B | $854.10M | $380.04M | $384.36M | $744.40M | $908.07M | $558.18M | $604.30M | $156.96M | $-249.31M | $-298.98M | $-108.19M | $-384.61M | $-317.29M | $-211.86M | $44.32M | $269.86M | $179.82M | $263.43M |
| Interest expense | $48.91M | $101.09M | $416.02M | $264.95M | $273.04M | $256.63M | $251.55M | $223.42M | $177.95M | $181.93M | $185.36M | $222.89M | $227.12M | $204.31M | $206.27M | $171.48M | $177.90M | $185.28M | $210.86M | $215.37M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $1.02B | $930.69M | $551.17M | $-85.55M | $94.69M | $243.68M | $232.35M | $149.88M | $-670.66M | $-372.68M | $-1.03B | $-546.81M | $-640.95M | $-723.88M | $-805.64M | $-569.27M | $-350.26M | $-11.78M | $-176.08M | $248.34M |
| Net income growth (YoY) | — | -8.8% | -40.8% | -115.5% | +210.7% | +157.3% | -4.6% | -35.5% | -547.5% | +44.4% | -176.3% | +46.9% | -17.2% | -12.9% | -11.3% | +29.3% | +38.5% | +96.6% | -1394.3% | +241.0% |
| Profit margin | 20.7% | 18.8% | 10.4% | -2.4% | 2.2% | 4.0% | 3.3% | 2.4% | -9.9% | -9.6% | -46.2% | -21.3% | -21.0% | -23.8% | -37.8% | -28.2% | -13.2% | -0.4% | -6.0% | 7.8% |