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National Energy Services Reunited (NESR) Financials

National Energy Services Reunited logo
$6.26 -0.04 (-0.63%)
As of 05/21/2025 04:00 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.
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Annual Income Statements for National Energy Services Reunited

Annual Income Statements for National Energy Services Reunited

This table shows National Energy Services Reunited's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Net Income / (Loss) Attributable to Common Shareholders		 76 13 -36 -65 17 39
Consolidated Net Income / (Loss)		 76 13 -36 -65 17 39
Net Income / (Loss) Continuing Operations		 76 13 -36 -65 17 39
Total Pre-Tax Income 		95 30 -30 -61 29 52
Total Revenue		 1,259 1,095 881 859 827 639
Net Interest Income / (Expense)		 -40 -46 -34 -15 -16 -19
Total Interest Income		 0.00 0.00 0.00 0.00 0.00 0.00
Total Interest Expense		 40 46 34 15 16 19
Long-Term Debt Interest Expense		 40 46 34 15 16 19
Total Non-Interest Income		 1,299 1,141 915 875 843 658
Other Service Charges		 -2.33 -5.03 5.24 -2.07 9.14 -0.41
Other Non-Interest Income		 1,302 1,146 910 877 834 658
Total Non-Interest Expense		 1,164 1,065 910 920 799 587
Other Operating Expenses		 1,145 1,046 892 902 783 571
Amortization Expense		 19 19 19 18 16 16
Income Tax Expense		 19 17 6.62 3.99 13 13
Basic Earnings per Share		 $0.80 $0.13 ($0.39) ($0.71) $0.19 $0.45
Weighted Average Basic Shares Outstanding		 95.47M 94.75M 92.96M 91.04M 88.85M 87.00M
Diluted Earnings per Share		 $0.80 $0.13 ($0.39) ($0.71) $0.18 $0.45
Weighted Average Diluted Shares Outstanding		 95.74M 94.75M 92.96M 91.04M 89.12M 87.00M
Weighted Average Basic & Diluted Shares Outstanding		 96.05M 95.00M 94.01M - 87.78M 87.19M

Quarterly Income Statements for National Energy Services Reunited

No quarterly income statements for National Energy Services Reunited are available.

Annual Cash Flow Statements for National Energy Services Reunited

This table details how cash moves in and out of National Energy Services Reunited's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Net Change in Cash & Equivalents		 40 -11 -127 131 1.81 0.00
Net Cash From Operating Activities		 229 177 93 128 134 0.00
Net Cash From Continuing Operating Activities		 229 177 93 128 134 0.00
Net Income / (Loss) Continuing Operations		 76 13 -36 -65 17 0.00
Consolidated Net Income / (Loss)		 76 13 -36 -65 17 -
Provision For Loan Losses		 8.84 0.41 8.19 1.11 0.26 -
Depreciation Expense		 143 142 116 122 121 -
Non-Cash Adjustments to Reconcile Net Income		 11 14 3.74 4.53 9.39 -
Changes in Operating Assets and Liabilities, net		 -9.16 7.71 1.23 65 -12 0.00
Net Cash From Investing Activities		 -111 -83 -147 -165 -96 0.00
Net Cash From Continuing Investing Activities		 -111 -83 -147 -165 -96 0.00
Purchase of Investment Securities		 -114 -85 -147 -167 -14 -
Sale of Property, Leasehold Improvements and Equipment		 3.06 1.76 0.63 2.76 0.49 -
Net Cash From Financing Activities		 -78 -105 -73 168 -36 0.00
Net Cash From Continuing Financing Activities		 -78 -105 -73 168 -36 0.00
Issuance of Debt		 87 106 143 651 81 -
Repayment of Debt		 -162 -195 -201 -460 -114 -
Other Financing Activities, Net		 -3.94 -16 -14 -23 -3.83 0.00
Effect of Exchange Rate Changes		 0.00 0.00 0.01 0.01 0.04 -
Cash Interest Paid		 38 34 19 9.89 13 -
Cash Income Taxes Paid		 13 15 11 13 16 -

Quarterly Cash Flow Statements for National Energy Services Reunited

No quarterly cash flow statements for National Energy Services Reunited are available.

Annual Balance Sheets for National Energy Services Reunited

This table presents National Energy Services Reunited's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017
Total Assets		 1,774 1,798 1,828 1,831 1,687 1,522 1,343 231
Cash and Due from Banks		 108 68 79 206 75 73 25 0.74
Loans and Leases, Net of Allowance		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Premises and Equipment, Net		 438 443 461 426 438 419 329 -
Goodwill		 645 645 645 645 621 575 571 -
Intangible Assets		 66 84 103 122 110 123 138 -
Other Assets		 517 558 540 433 443 332 281 0.13
Total Liabilities & Shareholders' Equity		 1,774 1,798 1,828 1,831 1,687 1,522 1,343 231
Total Liabilities		 865 976 1,026 1,010 743 636 512 12
Short-Term Debt		 164 144 158 99 255 133 160 -
Accrued Interest Payable		 5.45 7.41 6.26 0.00 74 69 39 -
Other Short-Term Payables		 334 382 380 332 30 26 24 3.47
Long-Term Debt		 254 332 392 509 309 331 225 -
Other Long-Term Liabilities		 108 111 90 70 75 77 64 9.02
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 908 821 802 821 944 886 831 55
Total Preferred & Common Equity		 908 821 802 821 944 886 831 55
Preferred Stock		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity		 908 821 802 821 944 886 831 55
Common Stock		 894 884 877 857 827 819 803 58
Retained Earnings		 14 -62 -75 -36 118 68 28 -2.86
Accumulated Other Comprehensive Income / (Loss)		 0.07 0.07 0.07 0.07 0.06 0.03 0.05 -

Quarterly Balance Sheets for National Energy Services Reunited

No quarterly balance sheets for National Energy Services Reunited are available.

Annual Metrics And Ratios for National Energy Services Reunited

This table displays calculated financial ratios and metrics derived from National Energy Services Reunited's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2017
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2017
Growth Metrics		 - - - - - - -
Revenue Growth		 15.02% 24.35% 2.46% 3.88% 29.48% 0.00% 0.00%
EBITDA Growth		 38.47% 99.99% 39.80% -58.77% 118.32% 0.00% 0.00%
EBIT Growth		 219.97% 200.15% 50.81% -312.27% -45.57% 0.00% 0.00%
NOPAT Growth		 506.60% 160.30% 50.81% -361.15% -58.75% 0.00% 0.00%
Net Income Growth		 506.60% 134.54% 43.59% -490.02% -57.94% 0.00% 0.00%
EPS Growth		 515.38% 133.33% 45.07% -494.44% -60.00% 0.00% 0.00%
Operating Cash Flow Growth		 29.59% 91.15% -27.53% -4.99% 0.00% 0.00% 0.00%
Free Cash Flow Firm Growth		 -31.27% 21.38% 53.61% 125.81% 0.00% 0.00% 0.00%
Invested Capital Growth		 2.27% -4.11% -5.39% -5.23% 11.68% 0.00% 0.00%
Revenue Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Income Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics		 - - - - - - -
EBITDA Margin		 18.92% 15.71% 9.77% 7.16% 18.04% 10.70% 0.00%
EBIT Margin		 7.58% 2.73% -3.38% -7.05% 3.45% 8.21% 0.00%
Profit (Net Income) Margin		 6.06% 1.15% -4.14% -7.51% 2.00% 6.16% 0.00%
Tax Burden Percent		 79.91% 42.15% 122.21% 106.58% 56.90% 75.07% 68.07%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 101.95% 100.00% 100.00%
Effective Tax Rate		 20.09% 57.85% 0.00% 0.00% 43.10% 24.93% 0.00%
Return on Invested Capital (ROIC)		 5.82% 0.95% -1.50% -2.89% 1.14% 2.91% 0.00%
ROIC Less NNEP Spread (ROIC-NNEP)		 5.82% 0.95% -4.19% -6.67% 1.20% 2.91% 0.00%
Return on Net Nonoperating Assets (RNNOA)		 3.01% 0.60% -2.99% -4.43% 0.67% 1.53% 0.00%
Return on Equity (ROE)		 8.82% 1.55% -4.49% -7.31% 1.81% 4.44% 0.00%
Cash Return on Invested Capital (CROIC)		 3.57% 5.14% 4.03% 2.49% -9.90% 0.00% 0.00%
Operating Return on Assets (OROA)		 5.35% 1.65% -1.63% -3.44% 1.78% 3.66% 0.00%
Return on Assets (ROA)		 4.27% 0.69% -1.99% -3.67% 1.03% 2.75% 0.00%
Return on Common Equity (ROCE)		 8.82% 1.55% -4.49% -7.31% 1.81% 4.44% 0.00%
Return on Equity Simple (ROE_SIMPLE)		 8.40% 1.53% -4.54% -7.86% 1.75% 4.44% -
Net Operating Profit after Tax (NOPAT)		 76 13 -21 -42 16 39 -4.21
NOPAT Margin		 6.06% 1.15% -2.37% -4.93% 1.96% 6.16% 0.00%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 2.69% 3.78% -0.06% 0.00% 0.00%
SG&A Expenses to Revenue		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue		 92.42% 97.27% 103.38% 107.05% 96.55% 91.79% 0.00%
Earnings before Interest and Taxes (EBIT)		 95 30 -30 -61 29 52 -4.21
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 238 172 86 62 149 68 -4.21
Valuation Ratios		 - - - - - - -
Price to Book Value (P/BV)		 0.94 0.31 0.80 0.00 0.00 0.00 1.31
Price to Tangible Book Value (P/TBV)		 4.34 2.73 11.87 0.00 0.00 0.00 1.31
Price to Revenue (P/Rev)		 0.68 0.23 0.73 0.00 0.00 0.00 0.00
Price to Earnings (P/E)		 11.24 19.96 0.00 0.00 0.00 0.00 0.00
Dividend Yield		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 8.90% 5.01% 0.00% 0.00% 0.00% 0.00% -4.00%
Enterprise Value to Invested Capital (EV/IC)		 0.88 0.51 0.83 0.00 0.00 0.00 0.02
Enterprise Value to Revenue (EV/Rev)		 0.93 0.60 1.27 0.00 0.00 0.00 0.00
Enterprise Value to EBITDA (EV/EBITDA)		 4.90 3.83 12.97 0.00 0.00 0.00 0.00
Enterprise Value to EBIT (EV/EBIT)		 12.23 22.07 0.00 0.00 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)		 15.30 52.35 0.00 0.00 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)		 5.09 3.72 12.06 0.00 0.00 0.00 0.00
Enterprise Value to Free Cash Flow (EV/FCFF)		 24.95 9.67 19.89 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - -
Debt to Equity		 0.46 0.58 0.69 0.74 0.60 0.52 0.00
Long-Term Debt to Equity		 0.28 0.40 0.49 0.62 0.33 0.37 0.00
Financial Leverage		 0.52 0.63 0.71 0.66 0.56 0.52 0.00
Leverage Ratio		 2.06 2.23 2.25 1.99 1.75 1.67 1.06
Compound Leverage Factor		 2.06 2.23 2.25 1.99 1.79 1.67 1.06
Debt to Total Capital		 31.52% 36.65% 40.67% 42.56% 37.38% 34.36% 0.00%
Short-Term Debt to Total Capital		 12.34% 11.08% 11.69% 6.96% 16.92% 9.88% 0.00%
Long-Term Debt to Total Capital		 19.18% 25.57% 28.98% 35.60% 20.46% 24.48% 0.00%
Preferred Equity to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 75.04%
Common Equity to Total Capital		 68.48% 63.35% 59.33% 57.44% 62.62% 65.64% 24.96%
Debt to EBITDA		 1.75 2.76 6.39 9.88 3.78 6.79 0.00
Net Debt to EBITDA		 1.30 2.37 5.48 6.54 3.27 5.72 0.00
Long-Term Debt to EBITDA		 1.07 1.93 4.55 8.27 2.07 4.84 0.00
Debt to NOPAT		 5.48 37.78 -26.36 -14.34 34.72 11.79 0.00
Net Debt to NOPAT		 4.06 32.39 -22.58 -9.49 30.10 9.93 0.00
Long-Term Debt to NOPAT		 3.33 26.36 -18.78 -12.00 19.01 8.40 0.00
Noncontrolling Interest Sharing Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios		 - - - - - - -
Cash Flow Metrics		 - - - - - - -
Free Cash Flow to Firm (FCFF)		 47 68 56 37 -142 0.00 0.00
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 163.68% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 1.17 1.49 1.64 2.41 -8.91 0.00 0.00
Operating Cash Flow to Interest Expense		 5.75 3.86 2.71 8.42 8.47 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense		 5.83 3.90 2.73 8.60 3.29 0.00 0.00
Efficiency Ratios		 - - - - - - -
Asset Turnover		 0.71 0.60 0.48 0.49 0.52 0.45 0.00
Fixed Asset Turnover		 2.86 2.42 1.99 1.99 1.93 1.71 0.00
Capital & Investment Metrics		 - - - - - - -
Invested Capital		 1,326 1,297 1,352 1,429 1,508 1,350 219
Invested Capital Turnover		 0.96 0.83 0.63 0.59 0.58 0.47 0.00
Increase / (Decrease) in Invested Capital		 29 -56 -77 -79 158 0.00 0.00
Enterprise Value (EV)		 1,168 659 1,116 0.00 0.00 0.00 4.63
Market Capitalization		 858 251 645 0.00 0.00 0.00 72
Book Value per Share		 $9.56 $8.74 $9.14 $9.35 $10.83 $10.36 $7.59
Tangible Book Value per Share		 $2.08 $0.98 $0.62 $0.62 $2.44 $2.21 $7.59
Total Capital		 1,326 1,297 1,352 1,429 1,508 1,350 219
Total Debt		 418 475 550 608 564 464 0.00
Total Long-Term Debt		 254 332 392 509 309 331 0.00
Net Debt		 310 407 471 402 489 391 -231
Capital Expenditures (CapEx)		 -3.06 -1.76 -0.63 -2.76 82 0.00 0.00
Net Nonoperating Expense (NNE)		 0.00 0.00 16 22 -0.32 0.00 -1.34
Net Nonoperating Obligations (NNO)		 418 475 550 608 564 464 0.00
Total Depreciation and Amortization (D&A)		 143 142 116 122 121 16 0.00
Earnings Adjustments		 - - - - - - -
Adjusted Basic Earnings per Share		 $0.80 $0.13 ($0.39) $0.00 $0.56 $0.45 ($0.40)
Adjusted Weighted Average Basic Shares Outstanding		 95.47M 94.75M 92.96M 0.00 88.85M 87.00M 7.20M
Adjusted Diluted Earnings per Share		 $0.80 $0.13 ($0.39) $0.00 $0.56 $0.45 ($0.40)
Adjusted Weighted Average Diluted Shares Outstanding		 95.74M 94.75M 92.96M 0.00 88.99M 87.00M 7.20M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 ($0.40)
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 96.05M 95.00M 94.01M 0.00 87.78M 87.19M 9.55M
Normalized Net Operating Profit after Tax (NOPAT)		 76 21 -21 -42 16 39 0.01
Normalized NOPAT Margin		 6.06% 1.91% -2.37% -4.93% 1.96% 6.16% 0.00%
Pre Tax Income Margin		 7.58% 2.73% -3.38% -7.05% 3.52% 8.21% 0.00%
Debt Service Ratios		 - - - - - - -
EBIT to Interest Expense		 2.39 0.65 -0.87 -3.99 1.80 2.76 0.00
NOPAT to Interest Expense		 1.91 0.27 -0.61 -2.79 1.02 2.08 0.00
EBIT Less CapEx to Interest Expense		 2.47 0.69 -0.85 -3.81 -3.38 2.76 0.00
NOPAT Less CapEx to Interest Expense		 1.99 0.31 -0.59 -2.61 -4.15 2.08 0.00
Payout Ratios		 - - - - - - -
Dividend Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%

Quarterly Metrics And Ratios for National Energy Services Reunited

No quarterly metrics and ratios for National Energy Services Reunited are available.

Frequently Asked Questions About National Energy Services Reunited's Financials

When does National Energy Services Reunited's financial year end?

According to the most recent income statement we have on file, National Energy Services Reunited's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has National Energy Services Reunited's net income changed over the last 5 years?

National Energy Services Reunited's net income appears to be on an upward trend, with a most recent value of $76.31 million in 2024, rising from $39.36 million in 2019. The previous period was $12.58 million in 2023. See where experts think National Energy Services Reunited is headed by visiting National Energy Services Reunited's forecast page.

How has National Energy Services Reunited revenue changed over the last 5 years?

Over the last 5 years, National Energy Services Reunited's total revenue changed from $639.01 million in 2019 to $1.26 billion in 2024, a change of 97.1%.

How much debt does National Energy Services Reunited have?

National Energy Services Reunited's total liabilities were at $865.45 million at the end of 2024, a 11.3% decrease from 2023, and a 6,825.4% increase since 2017.

How much cash does National Energy Services Reunited have?

In the past 7 years, National Energy Services Reunited's cash and equivalents has ranged from $741.10 thousand in 2017 to $205.77 million in 2021, and is currently $107.96 million as of their latest financial filing in 2024.

How has National Energy Services Reunited's book value per share changed over the last 6 years?

Over the last 6 years, National Energy Services Reunited's book value per share changed from 7.59 in 2017 to 9.56 in 2024, a change of 26.0%.


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This page (NASDAQ:NESR) was last updated on 5/22/2025 by MarketBeat.com Staff
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