Companies / NBR Nabors Industries Ltd (NBR)
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.
Ticker NBR Exchange NYSE Sector Energy Industry Oil & Gas Drilling Market cap $1.06B 52-week range $44.04 - $112.90 Valuation Share price $73.20 (close of Nov 6, 2026) P/E (TTM) -18.48x Price to book 1.07x Price to free cash flow 9.61x Enterprise value $2.62B Book value per share $68.44 Price performance Period Change 1 day +2.49% 5 days -19.37% 1 month -9.87% 3 months -11.92% 6 months -26.38% Year to date +34.81% 1 year +41.75% 3 years -24.36% 5 years -28.62% 10 years -87.38% All time +11.54%
Short interest As of Oct 15, 2026 Short % of float 6.73% Shares short 977.90K Days to cover 5.34 Change since prior report +1.63% Source FINRA consolidated short interest Profitability and growth Return on equity 30.01% Return on invested capital 8.90% Return on assets 5.98% Return on capital employed 12.41% Gross margin 39.89% Net margin 9.00% EBITDA margin 35.16% Revenue growth 8.69% Free cash flow growth -267.85% Cash flow and balance sheet Free cash flow yield (TTM) 10.40% Current ratio 1.77x Net debt to EBITDA 1.71x Latest reported year Period end Dec 31, 2025 Fiscal year 2025 Revenue $3.18B Cost of revenue $1.91B Gross profit $1.27B EBITDA $1.12B Net income $286.62M Earnings per share $18.75 Research and development $53.06M Interest expense $215.37M Shares outstanding 13.19M Income statement by year Period end Revenue Gross profit Net income EPS 2025-12-31 $3.18B $1.27B $286.62M $18.75 2024-12-31 $2.93B $1.19B -$176.08M -$22.37 2023-12-31 $3.01B $1.22B -$11.78M -$5.49 2022-12-31 $2.65B $987.76M -$350.26M -$40.52 2021-12-31 $2.02B $730.65M -$569.27M -$76.58 2020-12-31 $2.13B $800.97M -$805.64M -$118.69 2019-12-31 $3.04B $1.11B -$702.88M -$105.39 2018-12-31 $3.06B $1.08B -$640.95M -$99.61 2017-12-31 $2.56B $846.22M -$546.81M -$95.00 2016-12-31 $2.23B $883.54M -$1.03B -$182.00
Margins and returns by year Period end Gross margin Net margin Return on equity Return on capital 2025-12-31 39.89% 9.00% 30.01% 8.90% 2024-12-31 40.53% -6.01% -41.80% 12.27% 2023-12-31 40.44% -0.39% -2.17% 9.61% 2022-12-31 37.22% -13.20% -65.25% 0.72% 2021-12-31 36.21% -28.22% -79.18% -2.02% 2020-12-31 37.53% -37.75% -64.10% -4.03% 2019-12-31 36.61% -23.10% -34.28% 0.82% 2018-12-31 35.34% -20.96% -23.30% 0.46% 2017-12-31 33.00% -21.32% -18.61% -1.02% 2016-12-31 39.66% -46.22% -31.64% -0.87%
Cash and debt by year Period end Cash Debt 2025-12-31 $940.74M $2.12B 2024-12-31 $397.30M $2.51B 2023-12-31 $1.07B $2.51B 2022-12-31 $452.31M $2.54B 2021-12-31 $991.49M $3.26B 2020-12-31 $481.75M $2.97B 2019-12-31 $452.50M $3.33B 2018-12-31 $481.80M $3.59B 2017-12-31 $365.37M $4.03B 2016-12-31 $295.20M $3.58B
Free cash flow by year Period end Free cash flow Stock-based compensation 2025-12-31 -$22.68M $23.38M 2024-12-31 $13.51M $16.50M 2023-12-31 $97.01M $15.84M 2022-12-31 $127.64M $15.83M 2021-12-31 $194.74M $19.36M 2020-12-31 $154.24M $24.64M 2019-12-31 $256.82M $24.66M 2018-12-31 -$133.16M $26.40M 2017-12-31 -$511.71M $31.90M 2016-12-31 $136.45M $32.00M
Dividend history Most recent payment Mar 11, 2020 Payment date Dividend per share 2020-03-11 $0.01 2019-12-12 $0.01 2019-09-10 $0.01 2018-12-12 $0.06 2018-09-10 $0.06 2018-06-11 $0.06 2018-03-12 $0.06 2017-12-12 $0.06
Investor relations Past earnings dates Reported Fiscal period EPS estimate 2026-10-27 Sep 2026 -$0.36 2026-07-28 Jun 2026 -$1.54 2026-04-28 Mar 2026 -$2.39 2026-02-11 Dec 2025 -$2.93 2025-10-28 Sep 2025 -$2.37 2025-07-29 Jun 2025 -$2.05 2025-04-29 Mar 2025 -$2.64 2025-02-12 Dec 2024 -$1.86
Filings and sources Company website nabors.com SEC filings 10-K, 10-Q and 8-K on EDGAR Earnings calendar All upcoming reports Similar companies Williams Companies, Inc. (WMB) · Kinder Morgan, Inc. (KMI) · Energy Transfer LP (ET) · Targa Resources Corp. (TRGP) · ONEOK Inc (OKE) · Viper Energy, Inc. (VNOM) · Marathon Petroleum Corp (MPC) · Valero Energy Corp (VLO)
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