National Energy Services Reunited Corp.
NESR
Analytical Summary
National Energy Services Reunited Corp. shows mixed fundamentals. Consider comparing against peers in the Energy sector before making investment decisions.
12-Year Financial Trajectory
QuarterlyHealth Breakdown
Statement lens
Choose the reporting cadence, isolate a period range, or search directly for a metric.
| Metric | Q1 FY2026 Mar 31, 2026 10-Q ↗ | Q4 FY2025 Dec 31, 2025 10-Q ↗ | Q1 FY2025 Mar 31, 2025 10-Q ↗ | Q4 FY2024 Dec 31, 2024 20-F ↗ | Q4 FY2023 Dec 31, 2023 20-F ↗ | Q4 FY2022 Dec 31, 2022 20-F ↗ | Q4 FY2021 Dec 31, 2020 20-F ↗ | Q4 FY2020 Dec 31, 2018 20-F ↗ | Q4 FY2019 Dec 31, 2017 10-K ↗ | Q3 FY2019 Sep 30, 2017 10-Q ↗ | Q2 FY2019 Jun 30, 2017 10-Q ↗ | Q1 FY2019 Mar 31, 2018 10-Q ↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue Growth YoY (%) |
33.5%
Excellent
Excellent
Year-over-year change in total revenue
Optimal:
> 10%
vs Sector:
Above avg (+570%)
|
— | — | — | — | — | — | — | — | — | — | — |
| EPS Growth YoY (%) |
118.2%
Excellent
Excellent
Year-over-year change in earnings per share
Optimal:
> 10%
|
— | — | — | — | — | — | — | — | — | — | — |
| Net Income Growth YoY (%) |
129.3%
Excellent
Excellent
Year-over-year change in net income |
— | — | — | — | — | — | — | — | — | — | — |
| FCF Growth YoY (%) |
43.1%
Excellent
Excellent
Year-over-year change in free cash flow |
— | — | — | — | — | — | — | — | — | — | — |
| Metric | Q1 FY2026 Mar 31, 2026 10-Q ↗ | Q4 FY2025 Dec 31, 2025 10-Q ↗ | Q1 FY2025 Mar 31, 2025 10-Q ↗ | Q4 FY2024 Dec 31, 2024 20-F ↗ | Q4 FY2023 Dec 31, 2023 20-F ↗ | Q4 FY2022 Dec 31, 2022 20-F ↗ | Q4 FY2021 Dec 31, 2020 20-F ↗ | Q4 FY2020 Dec 31, 2018 20-F ↗ | Q4 FY2019 Dec 31, 2017 10-K ↗ | Q3 FY2019 Sep 30, 2017 10-Q ↗ | Q2 FY2019 Jun 30, 2017 10-Q ↗ | Q1 FY2019 Mar 31, 2018 10-Q ↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Margin (%) (%) |
8.9%
Caution
Caution
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-41%)
|
— |
6.9%
Caution
Caution
Operating income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-54%)
|
— | — | — | — | — | — | — | — | — |
| Effective Tax Rate (%) (%) |
23.0%
Fair
Fair
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
— |
24.2%
Fair
Fair
Actual taxes paid relative to pre-tax income
Optimal:
15-25%
|
— | — | — | — | — | — | — | — | — |
| Profit Margin (%) (%) |
5.9%
Caution
Caution
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-26%)
|
— |
3.4%
Weak
Weak
Net income as a percentage of revenue
Optimal:
> 15%
vs Sector:
Below avg (-57%)
|
— | — | — | — | — | — | — | — | — |
| FCF Margin (%) (%) |
7.6%
Caution
Caution
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
— |
6.8%
Caution
Caution
Free cash flow as a percentage of revenue
Optimal:
> 10%
|
— | — | — | — | — | — | — | — | — |
| FCF / Net Income (x) |
1.29x
Good
Good
Free cash flow relative to reported net income
Optimal:
> 1x
|
— |
1.97x
Excellent
Excellent
Free cash flow relative to reported net income
Optimal:
> 1x
|
— | — | — | — | — | — | — | — |
1.00x
Fair
Fair
Free cash flow relative to reported net income
Optimal:
> 1x
|
| Metric | Q1 FY2026 Mar 31, 2026 10-Q ↗ | Q4 FY2025 Dec 31, 2025 10-Q ↗ | Q1 FY2025 Mar 31, 2025 10-Q ↗ | Q4 FY2024 Dec 31, 2024 20-F ↗ | Q4 FY2023 Dec 31, 2023 20-F ↗ | Q4 FY2022 Dec 31, 2022 20-F ↗ | Q4 FY2021 Dec 31, 2020 20-F ↗ | Q4 FY2020 Dec 31, 2018 20-F ↗ | Q4 FY2019 Dec 31, 2017 10-K ↗ | Q3 FY2019 Sep 30, 2017 10-Q ↗ | Q2 FY2019 Jun 30, 2017 10-Q ↗ | Q1 FY2019 Mar 31, 2018 10-Q ↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Invested Capital (%) |
2.2%
Weak
Weak
Return earned on debt + equity capital invested
Optimal:
> 10%
|
— |
1.7%
Weak
Weak
Return earned on debt + equity capital invested
Optimal:
> 10%
|
— | — | — | — | — |
-5.3%
Weak
Weak
Return earned on debt + equity capital invested
Optimal:
> 10%
|
— | — |
-0.0%
Weak
Weak
Return earned on debt + equity capital invested
Optimal:
> 10%
|
| Return on Capital (%) (%) |
1.9%
Weak
Weak
Operating profit relative to total assets
Optimal:
> 10%
|
— | — | — | — | — | — | — |
-1.6%
Weak
Weak
Operating profit relative to total assets
Optimal:
> 10%
|
— | — |
-0.0%
Weak
Weak
Operating profit relative to total assets
Optimal:
> 10%
|
| Return on Common Equity (%) (%) |
2.4%
Weak
Weak
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-80%)
|
— |
1.1%
Weak
Weak
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-91%)
|
— | — | — | — | — | — | — | — |
-0.0%
Weak
Weak
Profit generated per dollar of shareholder equity
Optimal:
> 15%
vs Sector:
Below avg (-100%)
|
| Metric | Q1 FY2026 Mar 31, 2026 10-Q ↗ | Q4 FY2025 Dec 31, 2025 10-Q ↗ | Q1 FY2025 Mar 31, 2025 10-Q ↗ | Q4 FY2024 Dec 31, 2024 20-F ↗ | Q4 FY2023 Dec 31, 2023 20-F ↗ | Q4 FY2022 Dec 31, 2022 20-F ↗ | Q4 FY2021 Dec 31, 2020 20-F ↗ | Q4 FY2020 Dec 31, 2018 20-F ↗ | Q4 FY2019 Dec 31, 2017 10-K ↗ | Q3 FY2019 Sep 30, 2017 10-Q ↗ | Q2 FY2019 Jun 30, 2017 10-Q ↗ | Q1 FY2019 Mar 31, 2018 10-Q ↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt to Equity (x) |
0.29x
Excellent
Excellent
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Below avg (-42%)
|
0.32x
Good
Good
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Below avg (-36%)
|
— | — | — |
0.65x
Fair
↑
Fair
Improving
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Above avg (+29%)
|
0.43x
Good
Good
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Below avg (-15%)
|
0.36x
Good
Good
Total debt relative to shareholder equity
Optimal:
< 0.6x
vs Sector:
Below avg (-27%)
|
— | — | — | — |
| Interest Coverage (x) |
5.51x
Good
Good
Operating income divided by interest expense
Optimal:
> 5x
|
— |
2.53x
Caution
Caution
Operating income divided by interest expense
Optimal:
> 5x
|
— | — | — | — | — | — | — | — | — |
| Net Debt (USD) | $194.44M | $185.33M | — | $278.50M | $389.55M | $324.49M | $327.35M | $277.19M | $-741.10K | — | — | $-28.88K |
| Debt / EBITDA (x) |
4.12x
Weak
Weak
Debt relative to earnings before interest, taxes, depreciation
Optimal:
< 2x
|
— | — | — | — | — | — | — | — | — | — | — |
| Metric | Q1 FY2026 Mar 31, 2026 10-Q ↗ | Q4 FY2025 Dec 31, 2025 10-Q ↗ | Q1 FY2025 Mar 31, 2025 10-Q ↗ | Q4 FY2024 Dec 31, 2024 20-F ↗ | Q4 FY2023 Dec 31, 2023 20-F ↗ | Q4 FY2022 Dec 31, 2022 20-F ↗ | Q4 FY2021 Dec 31, 2020 20-F ↗ | Q4 FY2020 Dec 31, 2018 20-F ↗ | Q4 FY2019 Dec 31, 2017 10-K ↗ | Q3 FY2019 Sep 30, 2017 10-Q ↗ | Q2 FY2019 Jun 30, 2017 10-Q ↗ | Q1 FY2019 Mar 31, 2018 10-Q ↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Working Capital (USD) | $29.33M | $25.45M | — | $37.00M | $8.27M | $195.50M | $155.85M | $76.56M | $-2.61M | — | — | $-2.61M |
| LT Debt (USD) | $240.04M | $255.88M | — | $326.74M | $408.48M | $451.94M | $360.00M | $270.26M | — | — | — | — |
| Total Equity (USD) | $995.21M | $967.92M | $920.48M | — | — | $821.03M | $944.43M | $830.92M | $54.64M | — | — | $54.64M |
| Metric | Q1 FY2026 Mar 31, 2026 10-Q ↗ | Q4 FY2025 Dec 31, 2025 10-Q ↗ | Q1 FY2025 Mar 31, 2025 10-Q ↗ | Q4 FY2024 Dec 31, 2024 20-F ↗ | Q4 FY2023 Dec 31, 2023 20-F ↗ | Q4 FY2022 Dec 31, 2022 20-F ↗ | Q4 FY2021 Dec 31, 2020 20-F ↗ | Q4 FY2020 Dec 31, 2018 20-F ↗ | Q4 FY2019 Dec 31, 2017 10-K ↗ | Q3 FY2019 Sep 30, 2017 10-Q ↗ | Q2 FY2019 Jun 30, 2017 10-Q ↗ | Q1 FY2019 Mar 31, 2018 10-Q ↗ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue/Turnover (USD) | $404.59M | — | $303.10M | — | — | — | — | — | — | — | — | — |
| Depreciation Expense (USD) | $33.78M | — | $36.03M | — | — | — | — | — | — | — | — | — |
| Net Income, GAAP (USD) | $23.83M | — | $10.39M | — | — | — | — | — | — | $-31.05K | $299.17K | $-5.74K |
| Operating Cash Flow (USD) | $30.75M | — | $20.48M | — | — | — | — | — | $-481.45K | — | — | $-5.74K |
Secondary lens
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Open lens
Benchmark Lens
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Synced 1 week ago 8 years · 12 quarters