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National Energy Services Reunited NESR · USD

Energy · US listing · 🇺🇸 United States

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19.55

-2.05%

Close of 9 Nov 2026, in USD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Revenue

$1.32bn

FY2017FY2025

Net income

$51.1m

FY2017FY2025

Free cash flow

$120.8m

FY2017FY2025

Shareholders' equity

$967.9m

FY2017FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue$1.32bn$1.30bn$1.15bn$909.5m$876.7m$834.2m$658.4m$271.3m$271.3m
Operating income$98.3m$135.4m$80.7m−$917,000−$45.4m$35.3m$71.8m$40.2m$39.7m
Net income$51.1m$76.3m$12.6m−$36.4m−$64.6m$16.6m$39.4m$28.4m$30.6m
Diluted earnings per share0.500.800.13-0.39-0.710.180.450.330.71

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets$1.85bn$1.77bn$1.80bn$1.83bn$1.83bn$1.69bn$1.53bn$1.36bn$231.4m
Cash and short-term investments$124.8m$108.0m$67.8m—$205.8m$75.0m$73.2m$19.9m$741,096
Total liabilities$883.6m$865.4m$976.2m$1.03bn$1.01bn$746.8m$639.6m$504.8m$12.5m
Debt$313.1m$388.2m$459.7m$537.6m$602.4m$424.0m$417.1m$302.1m—
Shareholders' equity$967.9m$908.2m$821.5m$802.3m$821.0m$944.4m$886.5m$855.4m$218.9m
Shares outstanding102m96m95m93m91m90m87m86m43m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations$264.2m$229.3m$177.0m$92.6m$127.7m$134.5m$92.7m$61.7m$83.2m
Capital spending−$143.5m−$105.1m−$68.2m−$122.4m−$107.1m−$82.6m−$111.5m−$33.1m−$48.7m
Free cash flow$120.8m$124.2m$108.8m−$29.8m$20.7m$51.8m−$18.8m$28.6m$34.5m
Dividends paid——————−$20.0m−$48.2m−$20.0m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue$520.8m$404.6m$398.3m$295.3m$327.4m$303.1m$343.7m$336.2m
Operating income$64.8m$36.0m$30.7m$19.6m$27.1m$20.9m$43.6m$35.4m
Net income$44.0m$23.8m$7.8m$17.7m$15.2m$10.4m$26.8m$20.6m
Diluted earnings per share0.430.230.080.170.150.100.280.22
Cash from operations—$30.0m$138.0m$6.0m$98.0m$20.0m$46.0m$70.0m
Capital spending—−$36.0m−$42.0m−$40.0m−$29.0m−$30.0m−$25.0m−$27.0m
Free cash flow—−$6.0m$96.0m−$34.0m$69.0m−$10.0m$21.0m$43.0m
Total assets$2.10bn$1.92bn$1.85bn$1.81bn$1.83bn$1.77bn$1.77bn$1.80bn
Cash and short-term investments$175.0m$93.0m$124.8m$69.7m$131.8m$78.7m$108.0m$118.2m
Debt$65.9m$289.4m$313.1m$336.7m$359.7m$371.6m$388.3m$415.3m
Shareholders' equity$1.04bn$995.2m$967.9m$956.7m$936.9m$920.5m$908.2m$873.5m

Financial ratios

Data as of 29 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin7.0%10.4%6.6%0.5%-5.2%5.4%
Net margin3.9%5.9%1.1%-4.0%-7.4%2.0%
Return on equity5.3%8.4%1.5%-4.5%-7.9%1.8%
Return on assets2.8%4.3%0.7%-2.0%-3.5%1.0%
Free cash flow yield18.3%16.1%11.9%10.6%11.9%11.1%
Revenue growth1.7%13.6%26.0%3.7%5.1%26.7%
Earnings growth-33.0%506.6%-134.5%-43.6%-490.0%-57.9%
Current ratio1.04x1.07x1.02x0.99x1.45x1.43x
Debt to equity0.32x0.43x0.56x0.49x0.73x0.43x
Equity ratio52.3%51.2%45.7%43.9%44.8%55.8%
Interest coverage2.86x3.39x1.65x0.13x-2.99x2.83x
Buybacks as a share of market value-6.9%-0.7%-2.1%-2.1%-1.0%-3.4%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue13.3%9.7%—
Operating income—22.8%—
Net income—25.3%—

Valuation history

At each fiscal year end

FY2025FY2024
Price to earnings31.311.2
Price to sales1.20.7

Market value over time

30 Jun 2017 to 28 Oct 2026, in USD

$79.4m$2.24bn

Share price return

Finished calendar years

20252024
Return74%-7%

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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