National Energy Services Reunited Corp. (NESR)
NASDAQ: NESR · Real-Time Price · USD
27.79
+0.83 (3.08%)
Aug 3, 2026, 4:00 PM EDT - Market closed

NESR Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,4261,3241,3021,146909.52876.73
Revenue Growth
8.99%1.72%13.59%25.99%3.74%5.10%
Gross Profit
179.11164.73208.67148.6565.482.78
Operating Income
113.4198.32137.780.7-0.92-43.33
Net Income
64.5751.1376.3112.58-36.42-64.57
Earnings Per Share
0.650.520.800.13-0.39-0.71
EPS Growth
-19.75%-35.00%515.38%---

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Production Services
868.96816878.08785.64567.25554.1
Drilling and Evaluation Services
556.57508.05423.63360.27342.27322.63
Total
1,4261,3241,3021,146909.52876.73

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
92.96124.8107.9667.8278.85205.77
Total Debt
312.06331.52409.13484.75566.41595.84
Net Cash (Debt)
-219.11-206.73-301.18-416.93-487.56-390.07
Net Cash Growth
------
Net Cash Per Share
-2.17-2.09-3.15-4.40-5.24-4.28

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
274.5264.24229.33176.9692.58127.74
Capital Expenditures
-149.33-143.45-105.11-68.19-122.42-107.08
Free Cash Flow
125.17120.79124.22108.77-29.8420.67
Free Cash Flow Growth
50.13%-2.77%14.21%---60.12%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
12.56%12.44%16.03%12.97%7.20%0.32%
Operating Margin
7.96%7.43%10.58%7.04%-0.10%-4.94%
Pretax Margin
5.45%4.56%7.34%2.60%-3.28%-6.91%
Profit Margin
4.53%3.86%5.86%1.10%-4.00%-7.36%
FCF Margin
8.78%9.12%9.54%9.49%-3.28%2.36%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
43.3230.1211.2046.92--
Forward PE
14.5512.688.0411.4711.4714.12
P/FCF Ratio
22.2613.076.935.33-41.78
PS Ratio
1.951.190.660.510.720.98