What is Nabors Industries's gross profit?

Nabors Industries (NBR) reported gross profit of $300.1M in Q3 2024.

How has Nabors Industries's gross profit changed year-over-year?

Nabors Industries's gross profit increased by 4.8% year-over-year, from $286.22M to $300.1M.

What is the long-term trend for Nabors Industries's gross profit?

Over 2 years (2021 to 2023), Nabors Industries's gross profit has grown at a 29.0% compound annual growth rate (CAGR), from $730.65M to $1.22B.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Nabors Industries NBR Gross Profit

Discontinued — last reported Q3 '24

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Other financials

Income statement

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Revenue$783.5M+6.4%

Operating income$95.4M-6.3%

Net income-$15.2M-146%

EPS (diluted)-$1.54-171%

Balance sheet

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Cash & equivalents$500.8M+26.3%

Total debt$2.1B-21.1%

Total equity$568.9M+66.0%

Total assets$4.4B-13.0%

Cash flow

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Operating cash flow$113.3M+29.2%

CapEx$165.0M0.0%

Free cash flow-$51.6M+33.2%

Valuation

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Market cap$1.21B+110%

Enterprise value$2.84B-0.4%

P/E5.1×—

P/S0.4×+0.2×

Profitability

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Gross margin40.7%+0.7pp

Operating margin12.7%0.0pp

Net margin7.4%+5.5pp

FCF margin4.1%—

Returns & leverage

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Return on equity52.3%+37.4pp

Debt / equity3.7×-4.1×

Current ratio2×+0.2×

Where this comes from

Calculated from Nabors Industries’s reported figures.

$731.8Mtotal revenue−$431.7Mtotal cost of revenue=$300.1M

The official record: Nabors Industries’s 10-Q, filed October 31, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Nabors Industries's gross profit?: Nabors Industries (NBR) reported gross profit of $300.1M in Q3 2024.
How has Nabors Industries's gross profit changed year-over-year?: Nabors Industries's gross profit increased by 4.8% year-over-year, from $286.22M to $300.1M.
What is the long-term trend for Nabors Industries's gross profit?: Over 2 years (2021 to 2023), Nabors Industries's gross profit has grown at a 29.0% compound annual growth rate (CAGR), from $730.65M to $1.22B.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.