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Nabors Industries

NBR

Nabors Industries Ltd. is a global provider of drilling and drilling-related services, operating one of the world's largest land-based drilling rig fleets and offshore platform rigs.

Market cap
$1.12B+109%
Revenue$3.2B+6.1%
Net income$247.1M+330%
Free cash flow-$68.5M-1,397%
EPS (diluted)$14.34+202%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 27, 2026 (in 3 months)
Revenue estimate$855.7M
EPS estimate-$0.19

Financials

Q2 2026

Income statement

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Revenue$814.8M-2.2%
Net income-$22.3M+27.8%
EPS (diluted)-$2.04+24.7%

Balance sheet

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Cash & equivalents$509.8M+31.6%
Total debt$2.1B-21.1%
Total equity$544.1M+76.7%
Total assets$4.4B-12.3%

Cash flow

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Operating cash flow$135.2M-10.9%
CapEx$122.9M-31.3%
Free cash flow$12.3M+146%

Valuation & ratios

Valuation

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Market cap$1.12B+109%
Enterprise value$2.73B-3.4%
P/E4.5×
P/S0.4×+0.2×

Profitability

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Net margin7.7%+5.8pp

Returns & leverage

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Return on equity58%+41.5pp
Debt / equity3.9×-4.8×
Current ratio1.9×+0.1×

Competitors

Profile

Nabors Industries Ltd. is a global provider of drilling and drilling-related services, operating one of the world's largest land-based drilling rig fleets and offshore platform rigs. The company focuses on integrating advanced drilling automation, performance software, and energy-efficient technologies to optimize operational excellence for its own fleet and third-party customers. Its strategy centers on driving industry-leading performance through the seamless integration of surface equipment, downhole hardware, and digital solutions.

Competitive position

Nabors maintains a leading position through one of the world's largest land rig fleets and a differentiated technology portfolio that integrates automation and digital solutions into traditional drilling operations.

GeographiesUnited States, Saudi Arabia, Kuwait, Argentina, Colombia, Mexico
Customer segmentsNational Oil Companies, International Oil Companies, Independent Exploration & Production Companies
Business modelAsset-heavy services, Manufacturing, Software-as-a-Service, Maintenance and Aftermarket Services
SuppliersSteel and raw material suppliers, Electronic component manufacturers, Engine and power system providers
CustomersIntegrated oil and gas majors, National energy entities, Independent E&P operators
CountryBermuda
Listed1972
Employees12.0K
CEOAnthony G. Petrello
SectorEnergy
Websitenabors.com
FilingsSEC EDGAR

Questions, answered.

What is Nabors Industries's market cap?
Nabors Industries (NBR) has a market capitalization of $1.1B and trades on NYSE.
What is Nabors Industries's revenue and profitability?
Nabors Industries generated $3.2B in trailing twelve-month revenue with net income of $247.1M, representing a net margin of 7.7%. Gross margin stands at 40.7%, with free cash flow of -$68.5M. These figures are based on the Q2 2026 filing.
Who are Nabors Industries's competitors?
Nabors Industries's key competitors include Patterson-UTI Energy Inc., Forum Energy Technologies, Inc., Helmerich & Payne Inc., and others. These companies compete in similar markets and product categories.
Who does Nabors Industries partner with?
Nabors Industries's notable partners include Saudi Aramco.
What subsidiaries does Nabors Industries have?
Nabors Industries's subsidiaries include Canrig, Parker Drilling Company, SANAD.
Where is Nabors Industries headquartered?
Nabors Industries is headquartered in Bermuda and employs approximately 12,000 people. It has been publicly traded since 1972.