Logo image of NBR

NABORS INDUSTRIES LTD (NBR) Stock Fundamental Analysis

USA - NYSE:NBR - BMG6359F1370 - Common Stock

40.13 USD
+0.67 (+1.7%)
Last: 10/16/2025, 1:52:08 PM
Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to NBR. NBR was compared to 61 industry peers in the Energy Equipment & Services industry. NBR may be in some trouble as it scores bad on both profitability and health. NBR has a expensive valuation and it also scores bad on growth.


Dividend Valuation Growth Profitability Health

Quickly go to:

3

1. Profitability

1.1 Basic Checks

In the past year NBR has reported negative net income.
In the past year NBR had a positive cash flow from operations.
In the past 5 years NBR always reported negative net income.
Each year in the past 5 years NBR had a positive operating cash flow.
NBR Yearly Net Income VS EBIT VS OCF VS FCFNBR Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 500M -500M -1B

1.2 Ratios

NBR's Return On Assets of -2.74% is on the low side compared to the rest of the industry. NBR is outperformed by 75.41% of its industry peers.
NBR's Return On Equity of -44.87% is on the low side compared to the rest of the industry. NBR is outperformed by 88.52% of its industry peers.
With a Return On Invested Capital value of 4.14%, NBR is not doing good in the industry: 65.57% of the companies in the same industry are doing better.
NBR had an Average Return On Invested Capital over the past 3 years of 3.54%. This is below the industry average of 8.04%.
The 3 year average ROIC (3.54%) for NBR is below the current ROIC(4.14%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA -2.74%
ROE -44.87%
ROIC 4.14%
ROA(3y)-4.38%
ROA(5y)-7.78%
ROE(3y)-88.52%
ROE(5y)-87.38%
ROIC(3y)3.54%
ROIC(5y)N/A
NBR Yearly ROA, ROE, ROICNBR Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 -50 -100 -150

1.3 Margins

With a Operating Margin value of 7.56%, NBR perfoms like the industry average, outperforming 42.62% of the companies in the same industry.
NBR's Gross Margin of 40.56% is amongst the best of the industry. NBR outperforms 80.33% of its industry peers.
In the last couple of years the Gross Margin of NBR has grown nicely.
Industry RankSector Rank
OM 7.56%
PM (TTM) N/A
GM 40.56%
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.82%
GM growth 5Y2.06%
NBR Yearly Profit, Operating, Gross MarginsNBR Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20 -20 40 -40

More info and screens

2

2. Health

2.1 Basic Checks

NBR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for NBR has been increased compared to 1 year ago.
Compared to 5 years ago, NBR has more shares outstanding
Compared to 1 year ago, NBR has an improved debt to assets ratio.
NBR Yearly Shares OutstandingNBR Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2M 4M 6M 8M
NBR Yearly Total Debt VS Total AssetsNBR Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B

2.2 Solvency

Based on the Altman-Z score of 0.37, we must say that NBR is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of NBR (0.37) is worse than 83.61% of its industry peers.
A Debt/Equity ratio of 8.68 is on the high side and indicates that NBR has dependencies on debt financing.
NBR has a Debt to Equity ratio of 8.68. This is amonst the worse of the industry: NBR underperforms 91.80% of its industry peers.
Industry RankSector Rank
Debt/Equity 8.68
Debt/FCF N/A
Altman-Z 0.37
ROIC/WACC0.56
WACC7.37%
NBR Yearly LT Debt VS Equity VS FCFNBR Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B 2B 3B 4B

2.3 Liquidity

A Current Ratio of 1.79 indicates that NBR should not have too much problems paying its short term obligations.
NBR has a worse Current ratio (1.79) than 62.30% of its industry peers.
A Quick Ratio of 1.63 indicates that NBR should not have too much problems paying its short term obligations.
NBR has a Quick ratio of 1.63. This is comparable to the rest of the industry: NBR outperforms 59.02% of its industry peers.
Industry RankSector Rank
Current Ratio 1.79
Quick Ratio 1.63
NBR Yearly Current Assets VS Current LiabilitesNBR Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

More info and screens

3

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 36.20% over the past year.
The Revenue has been growing slightly by 3.49% in the past year.
The Revenue has been decreasing by -0.76% on average over the past years.
EPS 1Y (TTM)36.2%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%36.83%
Revenue 1Y (TTM)3.49%
Revenue growth 3Y13.25%
Revenue growth 5Y-0.76%
Sales Q2Q%14.17%

3.2 Future

NBR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 18.42% yearly.
Based on estimates for the next years, NBR will show a small growth in Revenue. The Revenue will grow by 4.82% on average per year.
EPS Next Y76.36%
EPS Next 2Y29.48%
EPS Next 3Y19.19%
EPS Next 5Y18.42%
Revenue Next Year8.31%
Revenue Next 2Y4.59%
Revenue Next 3Y4.35%
Revenue Next 5Y4.82%

3.3 Evolution

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
NBR Yearly Revenue VS EstimatesNBR Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2B 4B 6B
NBR Yearly EPS VS EstimatesNBR Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 50 -50 -100

More info and screens

1

4. Valuation

4.1 Price/Earnings Ratio

NBR reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for NBR. No positive earnings are expected for the next year.
Industry RankSector Rank
PE N/A
Fwd PE N/A
NBR Price Earnings VS Forward Price EarningsNBR Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 10 20

4.2 Price Multiples

Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of NBR indicates a rather cheap valuation: NBR is cheaper than 95.08% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF N/A
EV/EBITDA 3.32
NBR Per share dataNBR EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 50 100 150

4.3 Compensation for Growth

A more expensive valuation may be justified as NBR's earnings are expected to grow with 19.19% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y29.48%
EPS Next 3Y19.19%

More info and screens

0

5. Dividend

5.1 Amount

No dividends for NBR!.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

NABORS INDUSTRIES LTD

NYSE:NBR (10/16/2025, 1:52:08 PM)

40.13

+0.67 (+1.7%)

Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryEnergy Equipment & Services
Earnings (Last)07-29 2025-07-29/amc
Earnings (Next)10-28 2025-10-28/amc
Inst Owners82.6%
Inst Owner Change0%
Ins Owners4%
Ins Owner Change1.42%
Market Cap631.65M
Analysts49.33
Price Target41.09 (2.39%)
Short Float %16.87%
Short Ratio4.67
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend0.01
Dividend Growth(5Y)-73.53%
DP-4.38%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)9.61%
Min EPS beat(2)-152.11%
Max EPS beat(2)171.33%
EPS beat(4)1
Avg EPS beat(4)-88.76%
Min EPS beat(4)-287.9%
Max EPS beat(4)171.33%
EPS beat(8)1
Avg EPS beat(8)-866.82%
EPS beat(12)3
Avg EPS beat(12)-678.17%
EPS beat(16)3
Avg EPS beat(16)-518.86%
Revenue beat(2)1
Avg Revenue beat(2)-0.09%
Min Revenue beat(2)-2.41%
Max Revenue beat(2)2.22%
Revenue beat(4)1
Avg Revenue beat(4)-0.74%
Min Revenue beat(4)-2.41%
Max Revenue beat(4)2.22%
Revenue beat(8)2
Avg Revenue beat(8)-1.17%
Revenue beat(12)4
Avg Revenue beat(12)-0.79%
Revenue beat(16)7
Avg Revenue beat(16)-0.38%
PT rev (1m)2.31%
PT rev (3m)7.22%
EPS NQ rev (1m)9.62%
EPS NQ rev (3m)-17.02%
EPS NY rev (1m)6.35%
EPS NY rev (3m)-1.77%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.55%
Revenue NY rev (1m)-0.8%
Revenue NY rev (3m)-3.27%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 0.21
P/FCF N/A
P/OCF 1.19
P/B 2.05
P/tB 2.05
EV/EBITDA 3.32
EPS(TTM)-11.35
EYN/A
EPS(NY)-6.36
Fwd EYN/A
FCF(TTM)-9.38
FCFYN/A
OCF(TTM)33.8
OCFY84.24%
SpS192.54
BVpS19.57
TBVpS19.57
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA -2.74%
ROE -44.87%
ROCE 5.24%
ROIC 4.14%
ROICexc 4.55%
ROICexgc 4.55%
OM 7.56%
PM (TTM) N/A
GM 40.56%
FCFM N/A
ROA(3y)-4.38%
ROA(5y)-7.78%
ROE(3y)-88.52%
ROE(5y)-87.38%
ROIC(3y)3.54%
ROIC(5y)N/A
ROICexc(3y)4.37%
ROICexc(5y)N/A
ROICexgc(3y)4.37%
ROICexgc(5y)N/A
ROCE(3y)4.47%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y3.82%
GM growth 5Y2.06%
F-Score5
Asset Turnover0.6
Health
Industry RankSector Rank
Debt/Equity 8.68
Debt/FCF N/A
Debt/EBITDA 3.06
Cap/Depr 105.35%
Cap/Sales 22.43%
Interest Coverage 250
Cash Conversion 60.85%
Profit Quality N/A
Current Ratio 1.79
Quick Ratio 1.63
Altman-Z 0.37
F-Score5
WACC7.37%
ROIC/WACC0.56
Cap/Depr(3y)76.54%
Cap/Depr(5y)57.36%
Cap/Sales(3y)17.15%
Cap/Sales(5y)14.48%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)36.2%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%36.83%
EPS Next Y76.36%
EPS Next 2Y29.48%
EPS Next 3Y19.19%
EPS Next 5Y18.42%
Revenue 1Y (TTM)3.49%
Revenue growth 3Y13.25%
Revenue growth 5Y-0.76%
Sales Q2Q%14.17%
Revenue Next Year8.31%
Revenue Next 2Y4.59%
Revenue Next 3Y4.35%
Revenue Next 5Y4.82%
EBIT growth 1Y-5.25%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year256.63%
EBIT Next 3Y58.59%
EBIT Next 5Y43.32%
FCF growth 1Y-179.67%
FCF growth 3Y-58.66%
FCF growth 5Y-44.51%
OCF growth 1Y-19.55%
OCF growth 3Y10.68%
OCF growth 5Y-3.21%