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

19.96 0.76 +3.96%
Market cap
$2.0B
P/E
21.2×
Fwd P/E
12.6×
Dividend yield
—
F-score
5/9
ROIC
8.28%
Net debt / EBITDA
0.8×
Dividend safety
n/a

National Energy Services Reunited (NESR) P/E ratio

Alert me on P/E ratio

As of 6 November 2026, National Energy Services Reunited (NESR) trades at a P/E ratio of 21.2×. Over the past ten years it has ranged from 4.8× (April 2023) to 2,267× (September 2018); the current reading is higher than 72% of that period. That is in line with the Oil & Gas Equipment & Services industry median of 20.6× and above the Energy sector median of 10.9×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 29.5× 163.81%
FY2024 11.2× (18.14%)
FY2023 13.7× 14.04%
FY2022 12.0× (29.31%)
FY2021 17.0× (4.29%)
FY2020 17.7× (12.51%)
FY2019 20.3× 14.37%
FY2018 17.7× (98.98%)
FY2017 1,745× 0.00%
FY2016 1,745× —

Quarterly newest first

Period P/E ratio Change
Jun 2026 31.8× (2.12%)
Mar 2026 32.5× 10.10%
Dec 2025 29.5× 110.23%
Sep 2025 14.1× 79.77%
22 more quarters

Against its own ten years

Low 4.8× High 2,267×
Ten-year median 16.2×
Current reading's percentile 72

P/E ratio against peers

Company P/E ratio
NEXT NextDecade Corporation compare 4.8×
FLOC Flowco Holdings Inc. compare 9.7×
NESR National Energy Services Reunited 21.2×
EFXT Enerflex Ltd. compare 33.4×
INVX Innovex International, Inc. compare 35.9×
LBRT Liberty Energy Inc. compare 49.8×
WTTR Select Water Solutions, Inc. compare 60.1×
XPRO Expro Group Holdings N.V. compare 963×
EROK EagleRock Land LLC compare —
Oil & Gas Equipment & Services industry median 20.6×
Energy sector median 10.9×
Market median 17.8×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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