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Nabors Industries NBR Total Cost of Revenue

Discontinued — last reported Q3 '24

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Other financials

Income statement

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Revenue$814.8M-2.2%
Gross profit$300.1M+4.8%
Operating income$95.4M-6.3%
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

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Market cap$1.23B+151%
Enterprise value$2.84B+1.8%
P/E
P/S0.4×+0.2×

Profitability

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Gross margin40.7%+0.7pp
Operating margin12.7%0.0pp
Net margin7.7%+5.8pp
FCF margin4.1%

Returns & leverage

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

Where this comes from

Reported directly by Nabors Industries in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

The source filing: Nabors Industries’s 10-Q, filed November 1, 2024.

Filed
Nov 1, 2024
Fiscal quarter
Q3 FY2024
Calendar quarter
Q3 2024
Accession
0001558370-24-014145
Line itemThree Months Ended / September 30, 2024Three Months Ended / September 30, 2023Nine Months Ended / September 30, 2024Nine Months Ended / September 30, 2023
Investment income (loss)11,50310,16929,88531,778
Total revenues and other income743,308744,1432,230,1922,311,958
Costs and other deductions:
Direct costs431,705447,7511,309,0071,365,611
General and administrative expenses63,97662,182187,881187,144
Research and engineering14,40414,01642,62942,371
Depreciation and amortization159,234161,337477,060484,066
Interest expense55,35044,042157,222135,347

Item 1. Financial Statements

FAQ

What is Nabors Industries's total cost of revenue?
Nabors Industries (NBR) reported total cost of revenue of $431.71M in Q3 2024.
How has Nabors Industries's total cost of revenue changed year-over-year?
Nabors Industries's total cost of revenue decreased by 3.6% year-over-year, from $447.75M to $431.71M.
What is the long-term trend for Nabors Industries's total cost of revenue?
Over 2 years (2021 to 2023), Nabors Industries's total cost of revenue has grown at a 18.0% compound annual growth rate (CAGR), from $1.29B to $1.79B.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

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