Nabors Industries Ltd.

NBR Energy Oil & Gas Drilling

Nabors Industries Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $3.2 billion, up 8.20% from fiscal 2024. In the quarter to June 2026, revenue fell 2.62%, EPS grew 24.7%, free cash flow grew 135.5% and total debt fell 20.7%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

78.20 1.81 +2.37%
Market cap
$1.2B
P/E
5.3×
Fwd P/E
−23.5×
Dividend yield
—
F-score
6/9
Altman Z
0.90
Beneish M
−3.00
Dividend safety
n/a
Dec '16 Dec '17 Dec '18 Dec '19 Dec '20 Dec '21 Dec '22 Dec '23 Dec '24 Dec '25
P/E ratio
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.01
Piotroski F-Score
3 6 6 4 4 5 6 5 4 6
P/S ratio
2.32 0.75 0.22 0.33 0.19 0.31 0.47 0.24 0.18 0.22
Altman Z-Score
0.79 0.69 0.58 0.48 0.04 0.08 0.27 0.47 0.33 0.90
P/FCF ratio
34.06 0.00 0.00 3.94 2.67 3.17 9.90 7.63 38.93 0.00
Altman Z″-Score (non-manufacturers)
0.94 1.24 1.22 0.60 (0.13) 0.02 (0.67) (0.11) (0.51) 0.83
Beneish M-Score
(3.65) (2.45) (2.95) (3.90) (3.71) (3.23) (3.01) (3.02) (3.03) (3.00)
P/Operating CF
36.56 19.50 2.69 3.99 4.04 6.03 6.32 4.07 3.53 2.91
P/B ratio
1.43 0.66 0.24 0.49 0.33 0.86 2.35 1.37 1.25 0.75
Price to Tangible BV
1.51 0.70 0.26 0.50 0.33 0.89 2.48 1.44 1.34 0.77
EV/Sales
3.95 2.18 1.24 1.28 1.36 1.43 1.26 0.92 1.10 0.71
EV/EBITDA
0.00 10.84 6.20 7.48 7.54 7.27 5.54 2.90 3.97 1.61
EV/Operating CF
14.91 89.09 11.58 5.71 8.31 6.75 6.70 4.41 5.61 3.27
EV/FCF
58.12 (10.93) (28.34) 15.21 18.84 14.86 26.29 28.98 241.52 (100.09)
Quick Ratio
0.98 1.16 1.49 1.38 1.64 2.44 1.31 1.17 1.37 1.34
Current Ratio
1.41 1.57 1.92 1.90 2.20 2.86 1.68 1.36 1.75 1.56
Net Debt/EBITDA
(24.88) 7.10 5.10 5.54 6.47 5.72 3.46 2.14 2.56 1.10
Debt/Assets
43.71% 47.94% 45.66% 49.50% 54.09% 59.14% 53.80% 59.51% 55.62% 52.08%
Debt/Equity
1.10 1.37 1.30 1.63 2.37 4.55 4.74 5.80 5.95 2.61
Asset Turnover
0.23 0.31 0.38 0.42 0.35 0.37 0.52 0.61 0.61 0.69
Operating CF/Net income
(0.52) (0.11) (0.50) (0.95) (0.43) (0.75) (1.43) (12.69) (2.83) 2.80
Capex/Depreciation
(0.45) (0.66) (0.51) (0.47) (0.22) (0.33) (0.55) (0.83) (0.88) (1.09)
Interest Coverage
(5.46) (1.60) (1.28) (1.88) (2.42) (1.85) (0.38) 1.70 0.85 3.50
ROE
(27.28%) (17.66%) (22.97%) (30.00%) (49.61%) (58.00%) (55.79%) (9.32%) (42.73%) 35.94%
ROA
(11.62%) (6.59%) (8.04%) (9.85%) (13.38%) (10.39%) (6.83%) (1.00%) (4.21%) 5.32%
ROIC
(11.45%) (5.49%) (5.54%) (7.45%) (11.75%) (10.18%) (5.84%) 3.09% (0.77%) 13.39%
Return on Tangible Assets
(15.60%) (8.24%) (10.49%) (13.04%) (17.82%) (13.25%) (10.21%) (1.51%) (6.32%) 7.11%
Average Days of Receivables
92.45 99.37 90.57 54.15 62.04 51.99 44.78 41.63 47.70 44.51
Research and Development Expense of Revenue
1.67% 1.99% 1.84% 1.65% 1.57% 1.74% 1.87% 1.85% 1.92% 1.65%
Selling, General and Administrative Expense of Revenue
11.34% 9.79% 8.72% 8.47% 9.53% 10.58% 8.56% 8.01% 8.40% 9.48%
Intangible Assets out of Total Assets
0.02 0.02 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Share Based Compensation of Revenue
1.59% 1.24% 0.87% 0.81% 1.15% 0.96% 0.59% 0.52% 0.56% 0.73%
Graham Net Nets
(0.81) (2.08) (5.25) (3.42) (7.58) (5.36) (2.53) (4.17) (5.86) (3.19)
Graham Number
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 171.52
Earnings Yield
(21.59%) (27.66%) (98.50%) (73.26%) (203.90%) (95.13%) (29.29%) (6.04%) (39.11%) 33.26%
Free Cash Flow Yield
2.94% (26.54%) (19.91%) 25.36% 37.52% 31.58% 10.10% 13.10% 2.57% (3.17%)
Revenue per Share
362.98 457.05 455.76 434.24 302.52 265.50 299.93 332.98 322.63 243.49
Operating CF per Share
96.19 11.18 48.71 97.35 49.55 56.38 56.31 69.64 63.19 52.55
Capex per Share
(71.52) (102.34) (68.62) (60.83) (27.70) (30.77) (41.97) (59.05) (61.72) (54.27)
Free Cash Flow per Share
24.68 (91.16) (19.91) 36.52 21.85 25.61 14.35 10.59 1.47 (1.72)
Cash per Share
53.39 65.09 72.04 64.35 68.25 130.37 50.83 116.84 43.18 71.31
Shareholders Equity per Share
588.62 523.56 411.23 291.55 178.04 94.53 60.33 59.18 45.78 72.40
Interest Debt per Share
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Book value per Share
588.62 523.56 411.23 291.55 178.04 94.53 60.33 59.18 45.78 72.40
Free Cash Flow
136.45 (511.71) (133.16) 256.82 154.24 194.74 127.64 97.01 13.51 (22.68)
Working Capital
333.91 527.86 761.49 592.12 616.00 976.58 404.23 431.70 427.62 558.57
Capital Expenditures
(395.45) (574.47) (458.94) (427.74) (195.52) (234.04) (373.44) (540.85) (567.92) (715.95)
Net Current Asset Value
(3,776.38) (4,015.87) (3,510.05) (3,461.83) (3,115.15) (3,304.62) (3,192.44) (3,090.28) (3,083.52) (2,282.89)
EV/EBIT
0.00 0.00 0.00 0.00 0.00 0.00 0.00 8.94 18.15 3.02
Capex to Sales
0.20 0.22 0.15 0.14 0.09 0.12 0.14 0.18 0.19 0.22
Price to Operating Income
0.00 0.00 0.00 0.00 0.00 0.00 0.00 5.74 0.00 1.33
Other line items
Depreciation/Fixed assets
0.14 0.14 0.16 0.18 0.22 0.21 0.22 0.23 0.23 0.23
Cash ROIC
1.91% (6.98%) (1.95%) 4.39% 3.27% 3.91% 3.61% 2.04% 0.41% (0.52%)
Accounts Receivable Turnover
3.10 4.25 4.19 5.05 5.23 6.21 8.68 9.03 8.07 8.24
Accounts Payable Turnover
5.01 5.47 5.23 5.61 5.17 5.42 5.87 5.88 5.66 6.16
Inventory Turnover
10.44 12.73 11.91 11.29 7.91 8.97 13.10 12.99 12.55 17.03
Average Days of Payables
71.84 77.21 72.53 55.84 60.49 71.97 68.80 60.03 67.25 57.29
Days of Inventory on Hand
28.13 35.33 30.57 33.36 43.97 35.86 28.03 30.13 27.23 18.07
Average Receivables
646.51 603.42 727.40 604.68 408.01 325.27 307.48 337.62 367.90 389.84
Average Payables
268.28 314.00 378.13 344.00 258.04 237.34 283.89 304.24 307.74 310.75
Average Inventory
128.71 134.95 165.95 170.96 168.46 143.52 127.20 137.87 138.89 112.38
Average Assets
8,862.43 8,294.50 8,127.96 7,307.30 6,132.04 5,514.40 5,127.61 5,003.91 4,891.13 4,646.98
Average Common Equity
3,774.33 3,096.78 2,844.55 2,400.24 1,653.48 987.87 627.86 539.40 481.63 688.22

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