Nabors Industries Ltd. (NBR)

Nabors Industries Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	3,005	3,050	2,669	2,019	2,135	3,054
Revenue Growth (YoY)	4.00%	14.28%	32.18%	-5.45%	-30.07%	0.18%
Cost of Revenue	1,765	1,790	1,666	1,287	1,333	1,929
Gross Profit	1,240	1,259	1,003	732.21	802.41	1,124
Selling, General & Admin	244.17	244.15	228.43	213.56	203.52	258.73
Research & Development	55.09	56.3	49.94	35.15	33.56	50.36
Other Operating Expenses	639.95	645.29	665.07	760.11	1,264	1,178
Operating Expenses	939.2	945.74	943.44	1,009	1,501	1,487
Operating Income	300.37	313.68	59.31	-276.62	-699	-362.86
Interest Expense / Income	190.52	185.29	177.9	171.48	206.27	204.31
Other Expense / Income	132.94	60.96	170.14	65.56	-156.92	44.14
Pretax Income	-23.09	67.44	-288.73	-513.65	-748.36	-611.31
Income Tax	72.25	79.22	61.54	55.62	57.29	91.58
Net Income	-95.34	-11.78	-350.26	-569.27	-805.64	-702.89
Preferred Dividends	0	0	0	3.65	14.61	17.24
Net Income Common	-95.34	-11.78	-350.26	-572.93	-820.25	-720.13
Shares Outstanding (Basic)	9	9	9	8	7	7
Shares Outstanding (Diluted)	9	9	9	8	7	7
Shares Change	-7.00%	2.93%	17.00%	7.73%	0.38%	5.14%
EPS (Basic)	-13.81	-5.49	-40.52	-76.58	-118.69	-105.39
EPS (Diluted)	-13.81	-5.49	-40.52	-76.58	-118.69	-105.39
Free Cash Flow	81.96	111.14	154.36	319.04	181.64	256.82
Free Cash Flow Per Share	8.93	12.13	17.35	41.95	25.73	36.52
Dividend Per Share	-	-	-	-	0.500	2.000
Dividend Growth	-	-	-	-	-75.00%	-83.33%
Gross Margin	41.25%	41.30%	37.57%	36.26%	37.58%	36.82%
Operating Margin	10.00%	10.29%	2.22%	-13.70%	-32.73%	-11.88%
Profit Margin	-3.17%	-0.39%	-13.12%	-28.38%	-38.41%	-23.58%
Free Cash Flow Margin	2.73%	3.64%	5.78%	15.80%	8.51%	8.41%
Effective Tax Rate	-	117.47%	-	-	-	-
EBITDA	807.38	898.01	554.24	351.21	311.62	469.11
EBITDA Margin	26.87%	29.44%	20.77%	17.39%	14.59%	15.36%
Depreciation & Amortization	639.95	645.29	665.07	693.38	853.7	876.1
EBIT	167.43	252.72	-110.83	-342.18	-542.08	-407
EBIT Margin	5.57%	8.29%	-4.15%	-16.95%	-25.38%	-13.33%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).