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
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National Energy Services Reunited (NESR) P/B ratio
As of 5 November 2026, National Energy Services Reunited (NESR) trades at a P/B ratio of 1.9×. Over the past ten years it has ranged from 0.2× (April 2023) to 70.6× (June 2018); the current reading is higher than 82% of that period. That is above the Oil & Gas Equipment & Services industry median of 1.6× and above the Energy sector median of 1.4×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 1.6× | 69.11% |
| FY2024 | 0.9× | 23.48% |
| FY2023 | 0.8× | 22.58% |
| FY2022 | 0.6× | (29.31%) |
| FY2021 | 0.9× | (5.77%) |
| FY2020 | 0.9× | 4.38% |
| FY2019 | 0.9× | 0.37% |
| FY2018 | 0.9× | (55.57%) |
| FY2017 | 2.0× | (96.51%) |
| FY2016 | 57.4× | — |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 2.9× | 33.20% |
| Mar 2026 | 2.2× | 36.53% |
| Dec 2025 | 1.6× | 47.99% |
| Sep 2025 | 1.1× | 73.71% |
| 22 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| EROK EagleRock Land LLC compare | 0.3× |
| NEXT NextDecade Corporation compare | 0.4× |
| XPRO Expro Group Holdings N.V. compare | 1.0× |
| LBRT Liberty Energy Inc. compare | 1.0× |
| INVX Innovex International, Inc. compare | 1.6× |
| NESR National Energy Services Reunited | 1.9× |
| WTTR Select Water Solutions, Inc. compare | 1.9× |
| EFXT Enerflex Ltd. compare | 1.9× |
| FLOC Flowco Holdings Inc. compare | 2.2× |
| Oil & Gas Equipment & Services industry median | 1.6× |
| Energy sector median | 1.4× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on NESR
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S 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