See more : Resolution Minerals Limited (RML.AX) Income Statement Analysis – Financial Results
Complete financial analysis of Nabors Industries Ltd. (NBR) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Nabors Industries Ltd., a leading company in the Oil & Gas Drilling industry within the Energy sector.
You may be interested
- Sfinks Polska S.A. (SFS.WA) Income Statement Analysis – Financial Results
- Gigante Salmon AS (GIGA.OL) Income Statement Analysis – Financial Results
- ATM Grupa S.A. (ATG.WA) Income Statement Analysis – Financial Results
- Dropbox, Inc. (DBX) Income Statement Analysis – Financial Results
- Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München (MURGY) Income Statement Analysis – Financial Results
Nabors Industries Ltd. (NBR)
About Nabors Industries Ltd.
Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells. The company operates through five segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. It provides tubular running, wellbore placement, directional drilling, measurement-while-drilling (MWD), equipment manufacturing, and rig instrumentation services; and logging-while-drilling systems and services, as well as drilling optimization software. The company also offers REVit, an automated real time stick-slip mitigation system; ROCKit, a directional steering control system; SmartNAV, a collaborative guidance and advisory platform; SmartSLIDE, an advanced directional steering control system; and RigCLOUD, which provides the tools and infrastructure to integrate applications to deliver real-time insight into operations across the rig fleet. In addition, it 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. As of December 31, 2021, the company marketed approximately 301 rigs for land-based drilling operations in the United States, Canada, and in 20 other countries worldwide; and 29 rigs for offshore platform drilling operations in the United States and internationally. Nabors Industries Ltd. was founded in 1952 and is based in Hamilton, Bermuda.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.01B | 2.65B | 2.02B | 2.13B | 3.04B | 3.06B | 2.56B | 2.23B | 3.86B | 6.80B | 6.15B | 6.99B | 6.06B | 4.22B | 3.50B | 5.30B | 4.94B | 4.94B | 3.55B | 2.45B | 1.92B | 1.52B | 2.12B | 1.33B | 642.30M | 968.20M | 1.03B | 719.70M | 572.80M | 422.60M | 352.00M | 286.30M | 240.10M | 139.00M | 74.50M | 56.10M | 28.60M | 69.20M | 91.60M |
| Cost of Revenue | 2.44B | 2.33B | 1.98B | 2.19B | 2.81B | 2.84B | 2.56B | 2.22B | 3.34B | 5.65B | 5.07B | 5.54B | 3.78B | 2.42B | 2.01B | 3.11B | 2.76B | 2.57B | 2.00B | 1.57B | 1.28B | 973.91M | 1.30B | 888.32M | 418.70M | 623.80M | 737.80M | 539.70M | 434.10M | 325.10M | 261.20M | 195.10M | 170.40M | 99.70M | 56.60M | 46.00M | 26.70M | 51.20M | 70.20M |
| Gross Profit | 570.31M | 322.69M | 37.27M | -52.73M | 237.96M | 213.78M | 3.27M | 11.91M | 522.54M | 1.15B | 1.08B | 1.45B | 2.28B | 1.79B | 1.49B | 2.19B | 2.18B | 2.37B | 1.55B | 875.50M | 645.89M | 545.10M | 824.22M | 438.80M | 223.60M | 344.40M | 291.50M | 180.00M | 138.70M | 97.50M | 90.80M | 91.20M | 69.70M | 39.30M | 17.90M | 10.10M | 1.90M | 18.00M | 21.40M |
| Gross Profit Ratio | 18.97% | 12.16% | 1.85% | -2.47% | 7.82% | 6.99% | 0.13% | 0.53% | 13.52% | 16.96% | 17.61% | 20.76% | 37.69% | 42.51% | 42.56% | 41.36% | 44.04% | 48.01% | 43.75% | 35.76% | 33.59% | 35.89% | 38.86% | 33.06% | 34.81% | 35.57% | 28.32% | 25.01% | 24.21% | 23.07% | 25.80% | 31.85% | 29.03% | 28.27% | 24.03% | 18.00% | 6.64% | 26.01% | 23.36% |
| Research & Development | 56.30M | 49.94M | 35.15M | 33.56M | 50.36M | 56.15M | 51.07M | 33.58M | 41.25M | 49.70M | 45.44M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 244.15M | 228.43M | 213.56M | 203.52M | 258.73M | 265.82M | 251.18M | 227.64M | 324.33M | 549.73M | 525.33M | 532.57M | 489.89M | 346.66M | 429.66M | 479.98M | 436.28M | 420.85M | 249.97M | 195.39M | 165.40M | 141.90M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 244.15M | 228.43M | 213.56M | 203.52M | 258.73M | 265.82M | 251.18M | 227.64M | 324.33M | 549.73M | 525.33M | 532.57M | 489.89M | 346.66M | 429.66M | 479.98M | 436.28M | 420.85M | 249.97M | 195.39M | 165.40M | 141.90M | 135.50M | 106.50M | 65.30M | 77.00M | 70.40M | 56.90M | 49.10M | 71.20M | 40.50M | 42.70M | 34.40M | 22.10M | 11.30M | 7.90M | 5.90M | 7.60M | 10.30M |
| Other Expenses | 0.00 | -127.10M | -40.00M | -28.57M | -33.22M | -29.53M | -14.88M | -542.67M | 39.17M | -2.43M | -6.45M | -2.09M | 924.09M | 829.26M | 692.46M | 658.05M | 539.91M | 409.71M | 338.53M | 300.40M | 235.13M | 195.37M | 189.90M | 152.41M | 99.80M | 84.90M | 66.40M | 46.10M | 31.00M | 19.90M | 18.70M | 14.40M | 8.50M | 4.50M | 3.30M | 3.20M | 5.70M | 9.90M | 12.60M |
| Operating Expenses | 300.44M | 278.37M | 248.71M | 237.08M | 309.09M | 321.97M | 302.25M | 261.22M | 365.58M | 549.73M | 525.33M | 532.57M | 1.41B | 1.18B | 1.12B | 1.14B | 976.19M | 830.56M | 588.51M | 495.79M | 400.53M | 337.26M | 325.39M | 258.92M | 165.10M | 161.90M | 136.80M | 103.00M | 80.10M | 91.10M | 59.20M | 57.10M | 42.90M | 26.60M | 14.60M | 11.10M | 11.60M | 17.50M | 22.90M |
| Cost & Expenses | 2.74B | 2.61B | 2.23B | 2.42B | 3.11B | 3.17B | 2.86B | 2.48B | 3.71B | 6.20B | 5.59B | 6.07B | 5.19B | 3.60B | 3.13B | 4.25B | 3.74B | 3.40B | 2.59B | 2.07B | 1.68B | 1.31B | 1.62B | 1.15B | 583.80M | 785.70M | 874.60M | 642.70M | 514.20M | 416.20M | 320.40M | 252.20M | 213.30M | 126.30M | 71.20M | 57.10M | 38.30M | 68.70M | 93.10M |
| Interest Income | 45.90M | 15.47M | 1.53M | 4.71M | 8.42M | 4.96M | 2.23M | 1.22M | 0.00 | 0.00 | 0.00 | 191.77M | 0.00 | 332.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 185.29M | 177.90M | 171.48M | 206.27M | 204.31M | 227.12M | 222.89M | 185.36M | 181.93M | 177.95M | 223.42M | 0.00 | 256.63M | 273.04M | 264.95M | 416.02M | 101.09M | 48.91M | 93.71M | 39.25M | 65.83M | 63.36M | 0.00 | 0.00 | 4.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 152.10M | 16.10M | 37.60M |
| Depreciation & Amortization | 645.29M | 665.07M | 693.38M | 853.70M | 876.09M | 866.87M | 842.94M | 871.63M | 970.46M | 1.15B | 1.09B | 1.06B | 924.09M | 764.25M | 668.42M | 668.24M | 555.40M | 420.79M | 369.58M | 326.71M | 266.26M | 226.21M | 221.55M | 152.41M | 99.80M | 84.90M | 66.40M | 46.10M | 31.00M | 19.90M | 18.70M | 14.40M | 8.50M | 4.50M | 3.30M | 3.20M | 5.70M | 9.90M | 12.60M |
| EBITDA | 959.70M | 597.29M | 376.77M | 354.41M | 491.48M | 575.20M | 485.75M | -141.08M | 724.85M | 718.43M | 1.42B | 1.58B | 1.67B | 1.15B | 1.05B | 1.52B | 1.83B | 1.94B | 1.34B | 701.80M | 506.72M | 430.34M | 707.05M | 270.69M | 149.40M | 234.30M | 177.00M | 106.70M | 81.90M | 21.20M | 37.50M | 41.60M | 28.00M | 9.50M | 3.60M | 2.20M | -4.00M | 16.20M | 11.10M |
| EBITDA Ratio | 31.93% | -3.12% | -12.46% | -14.92% | -3.43% | -4.50% | -12.24% | -45.51% | 3.13% | 8.79% | 9.07% | 8.83% | 30.55% | 33.17% | 29.93% | 35.56% | 36.98% | 39.26% | 37.66% | 28.67% | 26.35% | 28.33% | 33.33% | 20.40% | 23.26% | 24.20% | 17.20% | 14.83% | 14.30% | 5.02% | 10.65% | 14.53% | 11.66% | 6.83% | 4.83% | -3.39% | 227.62% | 23.41% | 28.60% |
| Operating Income | 269.86M | -747.85M | -944.82M | -1.17B | -980.45M | -121.50M | -291.95M | -560.04M | -33.64M | 201.61M | 492.73M | 476.09M | 927.05M | 616.02M | 368.96M | 1.22B | 1.27B | 1.52B | 967.66M | 375.09M | 240.46M | 204.13M | 485.50M | 118.27M | 49.60M | 149.40M | 110.60M | 60.60M | 50.90M | 1.30M | 18.80M | 27.20M | 19.50M | 5.00M | 300.00K | -5.10M | 59.40M | 6.30M | 13.60M |
| Operating Income Ratio | 8.98% | -28.18% | -46.83% | -54.92% | -32.22% | -3.97% | -11.39% | -25.14% | -0.87% | 2.96% | 8.01% | 6.81% | 15.30% | 14.61% | 10.53% | 22.96% | 25.73% | 30.75% | 27.25% | 15.32% | 12.51% | 13.44% | 22.89% | 8.91% | 7.72% | 15.43% | 10.75% | 8.42% | 8.89% | 0.31% | 5.34% | 9.50% | 8.12% | 3.60% | 0.40% | -9.09% | 207.69% | 9.10% | 14.85% |
| Total Other Income/Expenses | -140.74M | 61.54M | -276.23M | 57.29M | -509.97M | 79.27M | -281.10M | -638.04M | -98.04M | 64.65M | -132.90M | -494.72M | -183.20M | -529.02M | -149.23M | -372.84M | -64.60M | -70.70M | -186.00K | -43.88M | -71.89M | -67.07M | -60.72M | -35.37M | -9.10M | 50.60M | 71.80M | 21.00M | 7.70M | -2.10M | 17.70M | 8.40M | 10.40M | 12.00M | 0.00 | -4.10M | -83.00M | -10.30M | -16.30M |
| Income Before Tax | 129.12M | -245.68M | -488.09M | -705.57M | -588.92M | -518.79M | -580.08M | -1.20B | -427.54M | -604.62M | 106.16M | 274.68M | 487.77M | 82.05M | -235.12M | 801.62M | 1.14B | 1.47B | 873.95M | 335.84M | 174.62M | 140.77M | 542.28M | 226.71M | 45.60M | 200.00M | 182.40M | 81.60M | 58.60M | 4.30M | 36.50M | 35.60M | 29.90M | 17.00M | 3.30M | -5.10M | -92.70M | -9.80M | -17.80M |
| Income Before Tax Ratio | 4.30% | -9.26% | -24.19% | -33.06% | -19.35% | -16.97% | -22.62% | -53.78% | -11.06% | -8.89% | 1.73% | 3.93% | 8.05% | 1.95% | -6.71% | 15.11% | 22.98% | 29.76% | 24.61% | 13.72% | 9.08% | 9.27% | 25.57% | 17.08% | 7.10% | 20.66% | 17.72% | 11.34% | 10.23% | 1.02% | 10.37% | 12.43% | 12.45% | 12.23% | 4.43% | -9.09% | -324.13% | -14.16% | -19.43% |
| Income Tax Expense | 79.22M | 61.54M | 55.62M | 57.29M | 91.58M | 79.27M | -82.97M | -186.83M | -98.04M | 62.67M | -55.18M | 32.63M | 142.61M | -24.81M | -149.23M | 250.45M | 239.66M | 450.18M | 225.26M | 33.38M | -17.61M | 19.29M | 194.49M | 91.23M | 17.90M | 75.00M | 67.60M | 11.10M | 7.50M | 3.60M | 2.20M | 1.80M | 2.80M | 2.40M | -5.20M | -800.00K | -7.10M | -200.00K | -1.20M |
| Net Income | -50.25M | -307.22M | -543.71M | -762.85M | -680.50M | -640.95M | -546.81M | -1.03B | -372.68M | -668.68M | 142.98M | 167.03M | 243.68M | 94.70M | -85.55M | 551.17M | 930.69M | 1.02B | 648.70M | 302.46M | 192.23M | 121.49M | 357.45M | 137.36M | 27.70M | 125.00M | 114.80M | 70.50M | 51.10M | 700.00K | 34.30M | 33.80M | 27.10M | 14.60M | 5.50M | -4.30M | -85.60M | -9.60M | -22.80M |
| Net Income Ratio | -1.67% | -11.58% | -26.95% | -35.75% | -22.36% | -20.96% | -21.32% | -46.22% | -9.64% | -9.83% | 2.32% | 2.39% | 4.02% | 2.25% | -2.44% | 10.39% | 18.84% | 20.65% | 18.27% | 12.35% | 10.00% | 8.00% | 16.85% | 10.35% | 4.31% | 12.91% | 11.15% | 9.80% | 8.92% | 0.17% | 9.74% | 11.81% | 11.29% | 10.50% | 7.38% | -7.66% | -299.30% | -13.87% | -24.89% |
| EPS | -5.49 | -34.53 | -71.49 | -108.07 | -96.77 | -95.84 | -97.63 | -186.44 | -65.96 | -115.19 | 23.50 | 28.50 | 42.50 | 16.50 | -15.10 | 84.50 | 167.00 | 176.00 | 104.00 | 51.00 | 33.00 | 21.25 | 63.43 | 23.34 | 5.06 | 30.82 | 30.00 | 19.00 | 14.50 | 0.25 | 12.50 | 13.00 | 11.00 | 6.75 | 3.00 | -2.57 | -213.75 | -24.00 | -69.75 |
| EPS Diluted | -5.49 | -34.53 | -71.49 | -108.07 | -96.77 | -95.84 | -97.42 | -186.23 | -65.85 | -115.01 | 23.50 | 28.00 | 41.50 | 16.50 | -15.10 | 82.50 | 162.50 | 170.00 | 100.00 | 48.00 | 31.00 | 20.25 | 56.00 | 22.50 | 5.06 | 29.00 | 27.00 | 18.75 | 14.25 | 0.25 | 12.50 | 13.00 | 11.00 | 6.75 | 3.00 | -2.57 | -213.75 | -24.00 | -69.75 |
| Weighted Avg Shares Out | 9.16M | 8.90M | 7.61M | 7.06M | 7.03M | 6.69M | 5.60M | 5.52M | 5.65M | 5.81M | 5.88M | 5.80M | 5.74M | 5.70M | 5.67M | 5.63M | 5.58M | 5.80M | 6.24M | 5.96M | 5.86M | 5.75M | 5.82M | 5.75M | 4.21M | 4.04M | 3.83M | 3.71M | 3.52M | 2.80M | 2.74M | 2.60M | 2.46M | 2.16M | 1.83M | 1.67M | 400.47K | 400.00K | 326.88K |
| Weighted Avg Shares Out (Dil) | 9.16M | 8.90M | 7.61M | 7.06M | 7.03M | 6.69M | 5.61M | 5.53M | 5.66M | 5.81M | 5.93M | 5.85M | 5.85M | 5.80M | 5.67M | 5.76M | 5.73M | 6.00M | 6.49M | 6.56M | 6.28M | 6.00M | 6.75M | 6.10M | 4.82M | 4.50M | 4.25M | 3.76M | 3.59M | 2.80M | 2.74M | 2.60M | 2.46M | 2.16M | 1.83M | 1.67M | 400.47K | 400.00K | 326.88K |
Nabors Industries (NBR) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
Nabors (NBR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Nabors Industries Ltd. Third Quarter 2023 Earnings Conference Call Invitation
HAMILTON, Bermuda , Oct. 6, 2023 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G.
Nabors (NBR) Drives Middle East's Automation & Decarbonization
Nabors (NBR) leads the charge in the Middle East smart drilling evolution, along with purpose-built product line for decarbonization.
3 Energy Stocks to Sell in August Before They Crash and Burn
It may seem like an odd time to be writing about risky energy stocks. After all, the United States Energy Information Administration (EIA) removed all doubt as to the direction of oil prices for the remainder of 2023 at least.
Nabors Industries: Domestic Drilling Activity Is Declining
Total revenues were $767.07 million (Total revenue and others were $778.81 million) in the second quarter of 2023, up from $630.94 million a year ago. Nabors Industries exited 2Q23 with 88.6 rigs, the average rig working in the U.S. (96.4 rigs...
Nabors (NBR) Q2 Earnings Lag Estimates, Sales Beat
Nabors (NBR) expects $125 million capital spending for Q3 2023, with $48 million allocated for Saudi Arabian construction.
Nabors Industries Ltd. (NBR) Q2 2023 Earnings Call Transcript
Nabors Industries Ltd. (NYSE:NBR ) Q2 2023 Earnings Conference Call July 26, 2023 11:00 AM ET Company Participants William Conroy - Vice President, Corporate Development & Investor Relations Tony Petrello - Chairman, President & Chief Executive Officer William Restrepo -...
Nabors Announces Second Quarter 2023 Results
HAMILTON, Bermuda , July 25, 2023 /PRNewswire/ -- Nabors Industries Ltd. ("Nabors" or the "Company") (NYSE: NBR) today reported second quarter 2023 operating revenues of $767 million, compared to operating revenues of $779 million in the first quarter.
Nabors Industries (NBR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Nabors (NBR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Nabors Industries Ltd. Second Quarter 2023 Earnings Conference Call Invitation
HAMILTON, Bermuda , July 11, 2023 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G.
Source: https://incomestatements.info
Category: Stock Reports