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

19.63 0.43 +2.24%
Market cap
$1.9B
P/E
20.4×
Fwd P/E
13.4×
Dividend yield
—
F-score
5/9
Altman Z
2.00
Beneish M
−2.67
Dividend safety
n/a

National Energy Services Reunited (NESR) Operating cash flow

Alert me on Operating cash flow

National Energy Services Reunited's operating cash flow for fiscal 2025 was $264.2M, up 15.2% from $229.3M in fiscal 2024. Over the twelve months to 30 June 2026 it was $350.0M. Over the past ten years it has ranged from $61.7M (fiscal 2018) to $264.2M (fiscal 2025) — the current reading is the highest in ten years. Operating cash flow has risen for 3 consecutive fiscal years. National Energy Services Reunited ranks 16th of 46 Oil & Gas Equipment & Services companies by operating cash flow.

Operating cash flow, annual

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Annual newest first

Period Operating cash flow Change
FY2025 $264.2M 15.22%
FY2024 $229.3M 29.59%
FY2023 $177.0M 91.15%
FY2022 $92.6M (27.53%)
FY2021 $127.7M (5.60%)
FY2020 $135.3M 51.90%
FY2019 $89.1M 44.47%
FY2018 $61.7M (25.88%)
FY2017 $83.2M 5.45%
FY2016 $78.9M —

Quarterly newest first

Period Operating cash flow Change
Jun 2026 $174.0M 465.99%
Mar 2026 $30.7M (77.82%)
Dec 2025 $138.6M 1,974.39%
Sep 2025 $6.7M (93.22%)
24 more quarters

Against its own ten years

Low $61.7M High $264.2M
Ten-year median $110.2M
Current reading's percentile 100

Operating cash flow against peers

What Operating cash flow is

Operating Cash Flow shows how much cash a company’s day-to-day business actually brings in, after paying suppliers, staff and taxes.

Reported line item

The full definition of Operating cash flow →

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