NBR: Nabors Industries Ltd Financial Statements
Balance sheet, income statement, and cash flow statements for Nabors Industries Ltd (NBR).
$545.86M Market Cap.
NBR Market Cap. (MRY)
NBR Shares Outstanding (MRY)
NBR Assets (MRY)
Total Assets
$4.50B
Total Liabilities
$3.30B
Total Investments
$339.43M
NBR Income (MRY)
Revenue
$2.97B
Net Income
-$176.08M
Operating Expense
$939.79M
NBR Cash Flow (MRY)
CF Operations
$581.43M
CF Investing
-$555.46M
CF Financing
-$662.05M
NBR Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $4,504,301,000 (-14.66%) | $5,277,965,000 (11.59%) | $4,729,854,000 (-14.40%) | $5,525,364,000 (0.40%) |
Assets Current | $999,537,000 (-39.26%) | $1,645,678,000 (64.47%) | $1,000,623,000 (-33.37%) | $1,501,809,000 (32.73%) |
Assets Non-Current | $3,504,764,000 (-3.51%) | $3,632,287,000 (-2.60%) | $3,729,231,000 (-7.32%) | $4,023,555,000 (-7.97%) |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $134,996,000 (-58.67%) | $326,614,000 (-11.48%) | $368,956,000 (-37.53%) | $590,656,000 (-48.70%) |
Property Plant & Equipment Net | $2,830,957,000 (-2.34%) | $2,898,728,000 (-4.21%) | $3,026,100,000 (-9.63%) | $3,348,498,000 (-15.99%) |
Cash & Equivalents | $389,652,000 (-63.15%) | $1,057,487,000 (134.46%) | $451,025,000 (-54.51%) | $991,471,000 (109.95%) |
Accumulated Other Comprehensive Income | -$10,414,000 (3.86%) | -$10,832,000 (1.87%) | -$11,038,000 (-3.80%) | -$10,634,000 (4.40%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $339,428,000 (3.43%) | $328,179,000 (14.70%) | $286,131,000 (1.63%) | $281,540,000 (2863.58%) |
Investments Current | $7,647,000 (-39.74%) | $12,691,000 (883.80%) | $1,290,000 (7488.24%) | $17,000 (-99.82%) |
Investments Non-Current | $331,781,000 (5.16%) | $315,488,000 (10.76%) | $284,841,000 (1.18%) | $281,523,000 (0%) |
Inventory | $129,979,000 (-12.06%) | $147,798,000 (15.52%) | $127,947,000 (1.19%) | $126,448,000 (-21.26%) |
Trade & Non-Trade Receivables | $387,970,000 (11.54%) | $347,837,000 (6.24%) | $327,397,000 (13.85%) | $287,572,000 (-20.77%) |
Trade & Non-Trade Payables | $321,030,000 (9.03%) | $294,442,000 (-6.24%) | $314,041,000 (23.76%) | $253,748,000 (14.86%) |
Accumulated Retained Earnings (Deficit) | -$2,092,128,000 (-10.92%) | -$1,886,226,000 (-2.45%) | -$1,841,153,000 (-19.71%) | -$1,537,988,000 (-62.56%) |
Tax Assets | $216,296,000 (-9.45%) | $238,871,000 (-7.17%) | $257,320,000 (-0.51%) | $258,631,000 (4.64%) |
Tax Liabilities | $22,846,000 (-58.93%) | $55,621,000 (80.31%) | $30,848,000 (42.42%) | $21,660,000 (84.61%) |
Total Debt | $2,511,985,000 (-20.17%) | $3,146,563,000 (23.67%) | $2,544,324,000 (-22.15%) | $3,268,217,000 (9.78%) |
Debt Current | $6,768,000 (-98.93%) | $635,044,000 (9260.91%) | $6,784,000 (25.12%) | $5,422,000 (-34.71%) |
Debt Non-Current | $2,505,217,000 (-0.25%) | $2,511,519,000 (-1.03%) | $2,537,540,000 (-22.23%) | $3,262,795,000 (9.91%) |
Total Liabilities | $3,297,963,000 (-17.49%) | $3,996,880,000 (13.73%) | $3,514,459,000 (-14.93%) | $4,131,143,000 (8.61%) |
Liabilities Current | $571,917,000 (-52.89%) | $1,213,981,000 (103.55%) | $596,390,000 (13.55%) | $525,228,000 (1.89%) |
Liabilities Non-Current | $2,726,046,000 (-2.04%) | $2,782,899,000 (-4.63%) | $2,918,069,000 (-19.08%) | $3,605,915,000 (9.66%) |
NBR Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $2,968,839,000 (-2.65%) | $3,049,801,000 (14.28%) | $2,668,758,000 (32.18%) | $2,019,105,000 (-5.45%) |
Cost of Revenue | $1,742,411,000 (-2.68%) | $1,790,380,000 (7.47%) | $1,666,004,000 (29.46%) | $1,286,896,000 (-3.46%) |
Selling General & Administrative Expense | $249,317,000 (2.12%) | $244,147,000 (6.88%) | $228,431,000 (6.96%) | $213,559,000 (4.94%) |
Research & Development Expense | $57,063,000 (1.36%) | $56,297,000 (12.73%) | $49,939,000 (42.06%) | $35,153,000 (4.73%) |
Operating Expenses | $939,788,000 (-0.63%) | $945,738,000 (0.24%) | $943,442,000 (-6.48%) | $1,008,824,000 (-32.81%) |
Interest Expense | $210,864,000 (13.81%) | $185,285,000 (4.15%) | $177,895,000 (3.74%) | $171,476,000 (-16.87%) |
Income Tax Expense | $56,947,000 (-28.12%) | $79,220,000 (28.74%) | $61,536,000 (10.63%) | $55,621,000 (-2.91%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$87,987,000 (-276.31%) | $49,904,000 (116.24%) | -$307,218,000 (43.49%) | -$543,690,000 (28.73%) |
Net Income to Non-Controlling Interests | $88,097,000 (42.81%) | $61,688,000 (43.32%) | $43,043,000 (68.26%) | $25,582,000 (-40.22%) |
Net Income | -$176,084,000 (-1394.26%) | -$11,784,000 (96.64%) | -$350,261,000 (38.47%) | -$569,272,000 (29.34%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $3,653,000 (-75.00%) |
Net Income Common Stock | -$176,084,000 (-1394.26%) | -$11,784,000 (96.64%) | -$350,261,000 (38.86%) | -$572,925,000 (30.15%) |
Weighted Average Shares | $9,202,000 (0.47%) | $9,159,000 (2.93%) | $8,898,000 (17.00%) | $7,605,000 (7.73%) |
Weighted Average Shares Diluted | $9,202,000 (0.47%) | $9,159,000 (2.93%) | $8,898,000 (17.00%) | $7,605,000 (7.73%) |
Earning Before Interest & Taxes (EBIT) | $91,727,000 (-63.70%) | $252,721,000 (328.03%) | -$110,830,000 (67.61%) | -$342,175,000 (36.88%) |
Gross Profit | $1,226,428,000 (-2.62%) | $1,259,421,000 (25.60%) | $1,002,754,000 (36.95%) | $732,209,000 (-8.75%) |
Operating Income | $286,640,000 (-8.62%) | $313,683,000 (428.87%) | $59,312,000 (121.44%) | -$276,615,000 (60.43%) |
NBR Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$555,458,000 (2.62%) | -$570,424,000 (-54.71%) | -$368,708,000 (-214.53%) | -$117,225,000 (29.15%) |
Net Cash Flow from Financing | -$662,050,000 (-211.72%) | $592,592,000 (189.58%) | -$661,532,000 (-235.44%) | $488,421,000 (430.01%) |
Net Cash Flow from Operations | $581,432,000 (-8.85%) | $637,862,000 (27.30%) | $501,089,000 (16.86%) | $428,776,000 (22.59%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$651,222,000 (-202.23%) | $637,042,000 (218.77%) | -$536,370,000 (-167.19%) | $798,230,000 (2301.27%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$7,718,000 (79.84%) | -$38,283,000 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$552,421,000 (-4.88%) | -$526,718,000 (-51.91%) | -$346,732,000 (-215.96%) | -$109,739,000 (34.73%) |
Issuance (Repayment) of Debt Securities | -$658,073,000 (-212.84%) | $583,216,000 (190.22%) | -$646,465,000 (-327.47%) | $284,203,000 (371.56%) |
Issuance (Purchase) of Equity Shares | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | -$87,000 (55.15%) | -$194,000 (-198.46%) | -$65,000 (99.12%) | -$7,380,000 (67.26%) |
Effect of Exchange Rate Changes on Cash | -$15,146,000 (34.11%) | -$22,988,000 (-218.44%) | -$7,219,000 (-314.41%) | -$1,742,000 (43.09%) |
Share Based Compensation | $16,501,000 (4.18%) | $15,839,000 (0.07%) | $15,828,000 (-18.25%) | $19,362,000 (-21.41%) |
Depreciation Amortization & Accretion | $633,408,000 (-1.84%) | $645,292,000 (-2.97%) | $665,072,000 (-4.08%) | $693,382,000 (-18.78%) |
NBR Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 41.30% (0.00%) | 41.30% (9.84%) | 37.60% (3.58%) | 36.30% (-3.46%) |
Profit Margin | -5.90% (-1375.00%) | -0.40% (96.95%) | -13.10% (53.87%) | -28.40% (26.04%) |
EBITDA Margin | 24.40% (-17.01%) | 29.40% (41.35%) | 20.80% (19.54%) | 17.40% (19.18%) |
Return on Average Equity (ROAE) | -81.60% (-2450.00%) | -3.20% (95.88%) | -77.60% (-6.01%) | -73.20% (-20.00%) |
Return on Average Assets (ROAA) | -3.80% (-1800.00%) | -0.20% (97.26%) | -7.30% (33.03%) | -10.90% (21.58%) |
Return on Sales (ROS) | 3.10% (-62.65%) | 8.30% (297.62%) | -4.20% (75.15%) | -16.90% (33.46%) |
Return on Invested Capital (ROIC) | 1.50% (-63.41%) | 4.10% (341.18%) | -1.70% (64.58%) | -4.80% (28.36%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -2.56 (82.81%) | -14.87 (-289.04%) | -3.82 (-260.91%) | -1.06 (-115.68%) |
Price to Sales Ratio (P/S) | 0.18 (-27.76%) | 0.24 (-52.52%) | 0.52 (69.18%) | 0.3 (58.85%) |
Price to Book Ratio (P/B) | 4.04 (70.88%) | 2.37 (-40.13%) | 3.95 (249.43%) | 1.13 (206.50%) |
Debt to Equity Ratio (D/E) | 24.43 (99.64%) | 12.24 (28.47%) | 9.53 (36.19%) | 6.99 (111.68%) |
Earnings Per Share (EPS) | -22.37 (-307.47%) | -5.49 (86.45%) | -40.52 (47.09%) | -76.58 (35.48%) |
Sales Per Share (SPS) | 322.63 (-3.11%) | 332.98 (11.02%) | 299.93 (12.97%) | 265.5 (-12.24%) |
Free Cash Flow Per Share (FCFPS) | 3.15 (-74.02%) | 12.13 (-30.05%) | 17.35 (-58.65%) | 41.95 (63.04%) |
Book Value Per Share (BVPS) | 14.67 (-58.86%) | 35.66 (-14.00%) | 41.47 (-46.61%) | 77.67 (-52.38%) |
Tangible Assets Book Value Per Share (TABVPS) | 489.49 (-15.06%) | 576.26 (8.41%) | 531.56 (-26.84%) | 726.54 (-6.81%) |
Enterprise Value Over EBIT (EV/EBIT) | 28 (154.55%) | 11 (133.33%) | -33 (-266.67%) | -9 (-50.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 3.59 (11.49%) | 3.22 (-50.85%) | 6.55 (-22.73%) | 8.48 (-17.93%) |
Asset Turnover | 0.65 (1.89%) | 0.64 (14.18%) | 0.56 (44.68%) | 0.39 (6.35%) |
Current Ratio | 1.75 (28.91%) | 1.36 (-19.19%) | 1.68 (-41.31%) | 2.86 (30.25%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $29,011,000 (-73.90%) | $111,144,000 (-28.00%) | $154,357,000 (-51.62%) | $319,037,000 (75.65%) |
Enterprise Value (EV) | $2,603,336,330 (-9.98%) | $2,891,995,603 (-20.36%) | $3,631,223,331 (21.94%) | $2,977,848,312 (-7.51%) |
Earnings Before Tax (EBT) | -$119,137,000 (-276.67%) | $67,436,000 (123.36%) | -$288,725,000 (43.79%) | -$513,651,000 (31.36%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $725,135,000 (-19.25%) | $898,013,000 (62.03%) | $554,242,000 (57.81%) | $351,207,000 (12.71%) |
Invested Capital | $6,054,717,000 (-1.60%) | $6,153,060,000 (-1.18%) | $6,226,763,000 (-14.43%) | $7,276,882,000 (-2.88%) |
Working Capital | $427,620,000 (-0.94%) | $431,697,000 (6.79%) | $404,233,000 (-58.61%) | $976,581,000 (58.54%) |
Tangible Asset Value | $4,504,301,000 (-14.66%) | $5,277,965,000 (11.59%) | $4,729,854,000 (-14.40%) | $5,525,364,000 (0.40%) |
Market Capitalization | $545,855,330 (-29.35%) | $772,636,603 (-47.01%) | $1,458,213,331 (118.21%) | $668,270,312 (57.34%) |
Average Equity | $215,767,000 (-41.69%) | $370,052,250 (-17.99%) | $451,253,250 (-42.38%) | $783,087,250 (-41.74%) |
Average Assets | $4,579,650,500 (-4.43%) | $4,792,014,500 (0.06%) | $4,789,139,500 (-8.77%) | $5,249,353,500 (-11.07%) |
Invested Capital Average | $6,080,025,500 (-1.71%) | $6,185,776,750 (-3.52%) | $6,411,233,000 (-9.83%) | $7,110,240,000 (-12.55%) |
Shares | 9,547,933 (0.88%) | 9,465,106 (0.52%) | 9,415,725 (14.25%) | 8,241,094 (12.98%) |
