NBR

MKT CAP:$1B

Nabors Industries Ltd.

Market Cap

$1B

Energy·Oil & Gas Drilling·🇧🇲 Bermuda·NYSE

Energy·Oil & Gas Drilling·🇧🇲·NYSE

Stock Price

$88.54+$33.14 (+59.82%)

Apr 23, 2026

Company Details

Nabors Industries Ltd. provides drilling and drilling-related services for land-based and offshore oil and natural gas wells. The company operates through five segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solut...

CEO

Anthony G. Petrello

IPO Date

Feb 21, 1973

Website

www.nabors.com

Key Metrics TTM

Revenue

$2.4B

— YoY

Net Income

-$1.1B

EPS (Diluted)

-$177.18

Free Cash Flow

-$170M

Revenue / Share

$293.50

Gross Margin

36.7%

Operating Margin

24.9%

Net Margin

-43.6%

FCF Margin

-7.0%

P/S

0.5x

P/E

—

Earnings Reports

Q2 2022

Apr 28, 2026

PENDING

FY 2025

Feb 13, 2026

$3.2BEPS $17.16

Q1 2022

May 2, 2022

$569MEPS -$21.02

Q1 2018

May 2, 2018

$734MEPS -$23.35

FY 2016

Feb 27, 2017

$2.2B-42.4%EPS -$186.23

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 16	$598M	$233M	$162M
Q4 16	$539M	$207M	$146M
Q1 18	$734M	$259M	$168M
Q1 22	$569M	$196M	$131M

Valuation

Quarter	P/S	P/E
Q1 16	—	—
Q4 16	—	—
Q1 18	—	—
Q1 22	0.5x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 16	$162M	$32M
Q4 16	$127M	$17M
Q1 18	-$82M	-$176M
Q1 22	$41M	-$43M

Capital Expenditures

Quarter	CapEx
Q1 16	$130M
Q4 16	$111M
Q1 18	$94M
Q1 22	$84M

CapEx

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 16	$7M	1.2%
Q4 16	$8M	1.5%
Q1 18	$9M	1.2%
Q1 22	$0	0.0%

OpEx Breakdown

Quarter	R&D	G&A
Q1 16	$8M	$62M
Q4 16	$9M	$53M
Q1 18	$16M	$75M
Q1 22	$12M	$54M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$394M	$11.0K	$394M
Q2 22	$413M	$5M	$418M
Q3 22	$420M	$5M	$425M
Q4 22	$451M	$1M	$452M
Q1 23	$469M	$6M	$476M
Q2 23	$413M	$16M	$429M
Q3 23	$387M	$19M	$407M
Q4 23	$1.1B	$13M	$1.1B
Q1 24	$413M	$13M	$426M
Q2 24	$466M	$8M	$474M
Q3 24	$452M	$8M	$459M
Q4 24	$390M	$8M	$397M
Q1 25	$396M	$8M	$404M
Q2 25	$387M	$34.0K	$387M
Q3 25	$428M	$28.0K	$428M
Q4 25	$941M	$31.0K	$941M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 16	6M	—	—
Q4 16	6M	+0.3%	—
Q1 18	6M	+11.6%	—
Q1 22	8M	+34.6%	—

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 16	$44.3K	14K
Q4 16	$41.5K	13K
Q1 18	$48.9K	15K
Q1 22	$56.9K	10K

Revenue / Employee