15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $3.2B | $287M | 0.0% | 14.8% | -$23M | $2.5B | $941M |
| 2024 | $2.9B | -$176M | 0.0% | 14.2% | $14M | $2.5B | $390M |
| 2023 | $3.0B | -$12M | 40.4% | 14.4% | $97M | $3.1B | $1.1B |
| 2022 | $2.7B | -$350M | 37.2% | 1.7% | $128M | $2.5B | $451M |
| 2021 | $2.0B | -$573M | 36.2% | -4.0% | $195M | $3.3B | $991M |
| 2020 | $2.1B | -$806M | 37.5% | -8.0% | $154M | $3.0B | $472M |
| 2019 | $3.0B | -$703M | 36.6% | 2.9% | $257M | $3.4B | $436M |
| 2018 | $3.1B | -$641M | 35.3% | 1.9% | — | $3.6B | $448M |
| 2017 | $2.6B | -$547M | 33.0% | -5.5% | — | $4.1B | $337M |
| 2016 | $2.2B | -$1.0B | 39.7% | -5.3% | — | $3.6B | $264M |
| 2015 | — | -$373M | — | — | — | $3.7B | $255M |
| 2014 | — | -$671M | — | — | — | $4.4B | $501M |
| 2013 | — | $140M | — | — | — | $3.9B | $390M |
| 2012 | — | $165M | — | — | — | $4.4B | $525M |
| 2011 | — | $249M | — | — | — | $4.6B | $399M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $784M | -$15M | 0.0% | 12.2% | -$52M | $2.1B | $501M |
| Dec '25 | $798M | $10M | 0.0% | 14.2% | $84M | $2.5B | $941M |
| Sep '25 | $818M | $274M | 0.0% | 15.6% | -$2M | $2.3B | $428M |
| Jun '25 | $833M | -$31M | 0.0% | 8.8% | -$27M | $2.7B | $387M |
| Mar '25 | $736M | $33M | 0.0% | 13.8% | -$77M | $2.7B | $396M |
| Dec '24 | $730M | -$54M | 0.0% | 14.5% | -$59M | $2.5B | $390M |
| Sep '24 | $732M | -$56M | 41.0% | 14.5% | $16M | $2.5B | $452M |
| Jun '24 | $735M | -$32M | 40.1% | 7.9% | $54M | $2.5B | $466M |
| Mar '24 | $734M | -$34M | 40.4% | 8.6% | $3M | $2.5B | $413M |
| Dec '23 | $726M | -$17M | 41.5% | -8.0% | $48M | $3.1B | $1.1B |
| Sep '23 | $734M | -$49M | 39.0% | 12.2% | -$10M | $2.5B | $387M |
| Jun '23 | $767M | $5M | 40.6% | 15.5% | $24M | $2.5B | $413M |
| Mar '23 | $779M | $49M | 40.7% | 15.2% | $35M | $2.6B | $469M |
| Dec '22 | $760M | -$69M | 39.9% | 13.3% | $99M | $2.5B | $451M |
| Sep '22 | $694M | -$14M | 37.7% | 8.7% | $28M | $2.6B | $420M |
| Jun '22 | $631M | -$83M | 36.0% | 5.3% | $44M | $2.6B | $413M |
| Mar '22 | $569M | -$184M | 34.4% | -0.0% | -$43M | $2.6B | $394M |
| Dec '21 | $544M | -$114M | 36.1% | -0.7% | $48M | $3.3B | $991M |
| Sep '21 | $524M | -$123M | 35.8% | -2.9% | $51M | $3.1B | $772M |
| Jun '21 | $489M | -$196M | 36.1% | -5.3% | $57M | $2.8B | $400M |
How the market has priced NBR against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Nabors Industries Ltd's revenue has grown 8.3% per year. These are computed facts, not advice.
As of FY2025, Nabors Industries Ltd reported $2.5B of total debt against $941M of cash; operating income covered interest expense 2.2×.
In FY2025, gross margin was —, operating margin 14.8%, and net margin 9.0%.
As of Jun '26, Nabors Industries Ltd traded at a price-to-earnings ratio of about 4.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.