Nabors Industries Ltd. NBR R2K

Energy · Oil & Gas Drilling · Bermuda

https://www.nabors.com

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.

Market & Price

Market Cap

$1.37B

Current Price

$92.63

High / Low (52W)

$110.63 / $25.81

Beta

1.02

Valuation

Stock P/E

6.78

Industry PE

18.25

Forward P/E

27.27

PEG Ratio

2.90

Book Value

$38.45

Price to Book

2.41

P/S

0.42

EV/EBITDA

4.25

Dividend Yield

Profitability & Returns

ROCE

19.83%

ROE

22.27%

ROA

3.45%

Profit Margin

7.38%

Op Margin

6.21%

EPS (Latest Qtr)

$-1.54

EPS (TTM)

$13.67

Balance Sheet & Liquidity

Debt/Equity

1.48

Quick Ratio

1.57

Current Ratio

1.97

Debt

$2.13B

Total Assets

$4.79B

Current Assets

$1.55B

Working Capital

$558.57M

Ownership

Promoter Holding

5.27%

Chg in Prom Hold

FII / Inst Holding

77.46%

Chg in FII Hold

Financial Snapshot

Enterprise Value

$3.87B

Total Revenue (TTM)

$3.23B

EBITDA

$911.13M

Free Cash Flow

$67.31M

Operating Cash Flow

$718.87M

Shares Outstanding

14.80M

Gross Margin

39.34%

Payout Ratio

0.00%

Growth (CAGR)

Revenue 5Y

6.27%

Profit 5Y

60.61%

Revenue (YoY)

6.40%

Earnings (YoY)

PROS

Strong return on equity of 22.3%.
Profit CAGR of 60.6% over 5 years.
Generates positive free cash flow.
In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

Price Chart

Robinhood TradingView StockAnalysis

Fundamental Growth

Period: Metric:

Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).

Peer comparison

Peer companies in the same sector (Energy).

#	Name	CMP $	P/E	Mkt Cap	Div Yld %	ROCE %	ROE %	Rev CAGR 5Y %	Profit CAGR 5Y %
1	NBR Nabors Industries Ltd. R2K	92.63	6.78	$1.37B	-	19.83%	22.27%	6.27%	60.61%
2	XOM Exxon Mobil Corporation SPX	145.26	24.45	$602.10B	2.84%	11.12%	9.87%	-6.69%	-19.72%
3	CVX Chevron Corporation SPX	182.46	31.73	$363.39B	3.90%	7.21%	6.64%	-7.85%	-29.74%
4	COP ConocoPhillips SPX	113.98	19.32	$138.86B	2.95%	12.63%	11.28%	-9.11%	-24.66%
5	WMB The Williams Companies, Inc. SPX	71.39	31.31	$87.31B	2.94%	9.66%	19.66%	2.91%	8.51%
6	SLB SLB N.V. SPX	54.55	24.03	$81.56B	2.16%	12.08%	14.07%	8.33%	-0.65%
7	VLO Valero Energy Corporation SPX	244.82	17.88	$72.70B	1.96%	8.12%	15.85%	-11.40%	-41.16%
8	MPC Marathon Petroleum Corporation SPX	248.77	16.37	$72.63B	1.57%	13.11%	27.46%	-9.23%	-34.67%
9	EOG EOG Resources, Inc. SPX	133.38	13.13	$71.04B	3.06%	14.00%	18.20%	-8.51%	-13.74%

Quarterly Results

Figures in USD.

Metric	Sep 2015	Dec 2015	Mar 2016	Jun 2016	Sep 2016	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Mar 2022	Jun 2022	Sep 2022	Mar 2023	Jun 2023	Sep 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Revenue	-	-	-	-	-	-	562.55M	631.36M	662.10M	708.28M	734.19M	761.92M	779.42M	782.08M	799.64M	771.41M	758.08M	714.26M	718.36M	533.93M	438.35M	443.40M	460.51M	489.33M	524.16M	568.54M	630.94M	694.14M	779.14M	767.07M	733.97M	733.70M	734.80M	-	-	736.19M	832.79M	818.19M	797.53M	783.55M
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	601.94M	663.94M	652.17M	645.55M	649.65M
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	134.25M	168.85M	166.01M	151.97M	133.89M
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	82.54M	95.45M	90.05M	89.61M	85.27M
Operating Income	7.52M	-	-18.61M	-24.96M	-38.37M	-	-64.33M	-26.19M	-33.38M	-	-57.00K	10.88M	31.73M	-	26.69M	22.26M	24.70M	-	-9.12M	-28.67M	-64.93M	-	-35.92M	-26.08M	-15.09M	-220.00K	33.28M	60.38M	118.66M	119.22M	89.78M	63.33M	57.92M	-	-	51.71M	73.40M	75.96M	62.37M	48.63M
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	281.15M	252.01M	634.72M	234.25M	221.09M
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	54.33M	56.08M	54.33M	50.62M	43.76M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	72.19M	20.87M	420.04M	24.43M	21.15M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15.01M	23.08M	117.57M	7.44M	16.88M
Net Income	-295.83M	-163.65M	-398.29M	-184.65M	-111.21M	-335.59M	-148.98M	-132.95M	-148.53M	-116.34M	-144.20M	-198.75M	-114.58M	-183.42M	-117.71M	-203.56M	-118.93M	-262.68M	-391.83M	-148.11M	-157.47M	-108.24M	-137.09M	-196.01M	-122.50M	-184.50M	-82.92M	-13.78M	49.22M	4.61M	-48.92M	-34.33M	-32.26M	-	-	32.99M	-30.91M	274.20M	10.35M	-15.17M
Diluted EPS	-1.02	-0.58	-1.41	-0.65	-0.39	-1.18	-0.52	-0.46	-0.52	-0.40	-0.46	-0.61	-0.35	-0.55	-18.13	-30.31	-18.25	-38.66	-56.73	-22.13	-23.42	-16.45	-20.16	-26.59	-15.79	-22.51	-9.41	-1.80	4.11	-0.31	-6.26	-4.54	-4.29	-	-	2.18	-2.71	16.85	0.17	-1.54
R&D Expense	9.72M	-	8.16M	8.18M	8.48M	-	11.76M	11.34M	12.96M	-	15.81M	12.44M	14.46M	-	13.52M	11.92M	12.00M	-	11.41M	7.30M	7.57M	-	7.47M	7.96M	9.50M	11.68M	10.94M	13.41M	15.07M	13.28M	14.02M	13.86M	14.36M	14.40M	-	14.04M	12.72M	12.98M	-	13.51M

Profit & Loss (Annual)

Figures in USD.

Metric	Dec 2007	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Revenue	-	-	-	-	-	-	-	-	-	2.23B	2.56B	3.06B	3.04B	2.13B	-	2.65B	3.01B	2.93B	3.18B
Cost of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.33B	2.44B	2.38B	2.56B
Gross Profit	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	322.69M	570.31M	554.31M	621.08M
Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	278.37M	300.44M	306.38M	357.65M
Operating Income	-	-	439.83M	648.89M	866.01M	908.55M	558.18M	797.86M	316.84M	-118.33M	-141.94M	58.62M	89.14M	-171.46M	-	44.32M	269.86M	247.93M	263.43M
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	597.28M	959.70M	813.23M	1.40B
Interest Expense	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	177.90M	185.28M	210.86M	215.37M
Pretax Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-245.68M	129.12M	-31.04M	537.53M
Tax Provision	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	61.54M	79.22M	56.95M	163.09M
Net Income	865.70M	475.74M	-85.55M	94.69M	248.52M	164.83M	139.98M	-670.66M	-372.68M	-1.03B	-546.81M	-640.95M	-702.88M	-805.64M	-	-350.26M	-11.78M	-176.08M	286.62M
Diluted EPS	3.00	1.65	-0.30	0.33	0.85	0.56	0.47	-2.28	-1.29	-3.64	-1.90	-99.61	-105.39	-118.69	-	-40.52	-5.49	-22.37	17.39
R&D Expense	-	-	-	-	-	-	45.44M	49.70M	41.25M	33.58M	51.07M	56.15M	50.36M	33.56M	35.15M	49.94M	56.30M	57.06M	53.06M

Compounded Sales Growth

5 Years:	6.27%
1 Year:	6.40%

Compounded Profit Growth

5 Years:	60.61%
1 Year:	-

Stock Price Performance

1 Year:	+258.89%
6 Months:	+84.16%
3 Months:	+18.57%
1 Month:	-11.09%

Balance Sheet (Annual)

Figures in USD.

Metric	Dec 2006	Dec 2007	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Mar 2012	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Total Assets	-	-	10.52B	10.64B	11.65B	12.91B	13.17B	12.66B	12.16B	11.86B	9.54B	8.19B	8.40B	7.85B	6.76B	5.50B	-	4.73B	5.28B	4.50B	4.79B
Current Assets	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.00B	1.65B	999.54M	1.55B
Cash & Equivalents	700.55M	531.31M	442.09M	927.82M	641.70M	398.57M	-	524.92M	389.92M	501.15M	254.53M	264.09M	337.00M	447.77M	435.99M	472.25M	-	451.02M	1.06B	389.65M	940.71M
Inventory	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	127.95M	147.80M	129.98M	94.79M
Receivables	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	327.40M	347.84M	387.97M	391.70M
Total Liabilities	-	-	5.60B	5.46B	6.23B	7.24B	7.25B	6.63B	6.11B	6.94B	5.24B	4.93B	5.26B	4.70B	4.29B	3.80B	-	3.51B	4.00B	3.30B	3.35B
Current Liabilities	-	-	1.13B	608.62M	2.15B	1.80B	-	1.13B	1.31B	1.57B	1.01B	821.93M	919.48M	832.08M	656.55M	515.47M	-	596.39M	1.21B	571.92M	993.00M
Long Term Debt	-	-	3.60B	3.94B	3.06B	4.35B	-	4.38B	3.90B	4.33B	3.66B	3.58B	4.03B	3.59B	3.33B	2.97B	-	2.54B	2.51B	2.51B	2.12B
Total Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.54B	3.15B	2.51B	2.50B
Total Equity	-	-	4.90B	5.17B	5.33B	5.59B	5.83B	5.94B	5.97B	4.91B	4.28B	3.25B	2.91B	2.70B	1.98B	1.15B	-	368.96M	326.61M	135.00M	590.73M
Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10.51M	10.56M	10.66M	15.70M

Cash Flows (Annual)

Figures in USD.

Metric	Dec 2007	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Operating Cash Flow	1.39B	1.46B	1.62B	1.11B	1.46B	1.56B	1.42B	1.78B	856.56M	531.90M	62.76M	325.77M	684.56M	349.76M	-	501.09M	637.86M	581.43M	693.27M
Investing Cash Flow	-1.49B	-1.46B	-1.16B	-1.67B	-1.86B	-1.18B	-815.47M	-1.72B	-227.45M	-382.19M	-497.87M	-367.09M	-355.86M	-165.46M	-	-368.71M	-570.42M	-555.46M	97.09M
Financing Cash Flow	-78.90M	-89.24M	19.37M	280.25M	163.25M	-254.13M	-729.59M	69.85M	-849.94M	-138.22M	512.18M	155.63M	-331.57M	-148.00M	-	-661.53M	592.59M	-662.05M	-566.79M
Capital Expenditure	-	-	-	-	-	-	-	-	-	-	-	-	-427.74M	-195.52M	-	-373.44M	-540.85M	-567.92M	-715.95M
Free Cash Flow	-	-	-	-	-	-	-	-	-	-	-	-	256.82M	154.24M	-	127.64M	97.01M	13.51M	-22.68M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-529.15M	660.03M	-636.08M	223.57M
Share Buybacks	102.45M	281.10M	0	-	-	-	-	250.04M	99.60M	1.69M	18.07M	-	-	-	-	-	-	-	-
Dividends Paid	-	-	-	-	-	-	47.17M	59.15M	69.36M	50.92M	68.50M	-	-	22.54M	7.38M	65.00K	194.00K	87.00K	-

Ratios (Annual)

Figures in %.

Metric	Dec 2007	Dec 2008	Dec 2009	Dec 2010	Dec 2011	Dec 2012	Dec 2013	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Gross Margin %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12.2%	19.0%	18.9%	19.5%
Operating Margin %	-	-	-	-	-	-	-	-	-	-5.3%	-5.5%	1.9%	2.9%	-8.0%	-	1.7%	9.0%	8.5%	8.3%
Net Margin %	-	-	-	-	-	-	-	-	-	-46.2%	-21.3%	-21.0%	-23.1%	-37.8%	-	-13.2%	-0.4%	-6.0%	9.0%
ROE %	-	9.7%	-1.7%	1.8%	4.4%	2.8%	2.3%	-13.7%	-8.7%	-31.7%	-18.8%	-23.7%	-35.4%	-70.0%	-	-94.9%	-3.6%	-130.4%	48.5%
ROCE %	-	-	4.4%	6.8%	7.8%	7.9%	5.1%	7.7%	3.7%	-1.6%	-1.9%	0.8%	1.5%	-3.4%	-	1.1%	6.6%	6.3%	6.9%

Shareholding Pattern

Insiders

5.27%

Institutions

77.46%

Public Float

81.78%

Top Institutional Holders

#	Holder	% Held	Shares	Value
1	Blackrock Inc.	8.78%	1.30M	$120.30M
2	Adage Capital Partners GP L.L.C.	5.00%	740.00K	$68.55M
3	Vanguard Capital Management LLC	4.25%	629.29K	$58.29M
4	American Century Companies Inc	3.42%	505.90K	$46.86M
5	Charles Schwab Investment Management, Inc.	3.19%	471.72K	$43.70M
6	CIBC World Market, Inc.	3.16%	467.70K	$43.32M
7	State Street Corporation	3.14%	465.00K	$43.07M
8	Dimensional Fund Advisors LP	3.03%	447.83K	$41.48M
9	Miller Value Partners, LLC	3.00%	444.43K	$41.17M
10	Two Sigma Investments, LP	2.66%	393.21K	$36.42M

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NBR · Energy