National Energy Services Reunited
NESR Energy Oil & Gas Equipment & Services
National Energy Services Reunited’s revenue for fiscal 2025 (year ended December 2025) was $1.3 billion, up 1.72% from fiscal 2024.
- Revenue
- +59.1%
- EPS
- +175.0%
- Free cash flow
- +45.8%
- Total debt
- −22.6%
Quarter to June 2026, against a year earlier
Follow NESR
Alert me
National Energy Services Reunited (NESR) Free cash flow margin
National Energy Services Reunited's free cash flow margin over the twelve months to 30 June 2026 was 9.99%, up 0.5 percentage points from fiscal 2025 (9.49%). Over the past ten years it has ranged from −3.21% (fiscal 2022) to 12.8% (fiscal 2017); the current reading is higher than 70% of that period. That is above the Oil & Gas Equipment & Services industry median of 3.10% and above the Energy sector median of 6.87%.
Free cash flow margin, annual
Embed this chart
Annual newest first
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2025 | 9.49% | (0.29) |
| FY2024 | 9.78% | 0.13 |
| FY2023 | 9.65% | 12.86 |
| FY2022 | −3.21% | (5.88) |
| FY2021 | 2.67% | (2.43) |
| FY2020 | 5.10% | 7.72 |
| FY2019 | −2.62% | (9.60) |
| FY2018 | 6.98% | (5.85) |
| FY2017 | 12.8% | 4.97 |
| FY2016 | 7.86% | — |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| FLOC Flowco Holdings Inc. compare | 16.6% |
| EFXT Enerflex Ltd. compare | 16.1% |
| NESR National Energy Services Reunited | 9.99% |
| XPRO Expro Group Holdings N.V. compare | 6.73% |
| NEXT NextDecade Corporation compare | 0.00% |
| INVX Innovex International, Inc. compare | 0.00% |
| WTTR Select Water Solutions, Inc. compare | −5.17% |
| LBRT Liberty Energy Inc. compare | −14.0% |
| EROK EagleRock Land LLC compare | — |
| Oil & Gas Equipment & Services industry median | 3.10% |
| Energy sector median | 6.87% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
More on NESR
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement