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Nabors Industries Ltd. logo

Nabors Industries Ltd.

NBR

NYSEEnergyOil & Gas Drilling

Open in GoAI

Previous close

$92.41

+$0.59 · +0.64%

Aug 21, 4:00 PM ET

Pre-market

$90.20

−$2.21 · -2.39%

Aug 24, 8:15 AM ET

NBR company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

100

Deep Value

Momentum

43

Neutral

Sentiment

74

Bullish

Risk resilience

47

Elevated Risk

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AI-generated, informational only, and not investment advice.

Company profile

Industry
Oil & Gas Drilling
Sector
Energy
Headquarters
BM

Market position

Day range

Current $92.41

52-week range

Current $92.41

Open
$93.98
Previous close
$91.82
Volume
156.87K
Market cap
1.37B USD
50-day average
$85.5364
+8.04% above average
200-day average
$76.9232
+20.13% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
2.34B USD
P/E (TTM)
6.23×
P/B (TTM)
2.42×
P/S (TTM)
0.43×
EV / EBITDA
1.67×
Earnings yield
34.67%
Free cash flow yield
-3.17%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
25.11%
Operating margin
7.71%
Net margin
6.52%
Return on equity
42.04%
Return on assets
5.18%
Return on invested capital
4.39%

Financial health

Debt / equity
3.91×
Current ratio
1.56×
Altman Z-score
1.06
Piotroski F-score
8 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends47%20%-8%-35%Gross margin, FY2021: 36.19%Gross margin, FY2022: 37.22%Gross margin, FY2023: 40.44%Gross margin, FY2024: 18.92%Gross margin, FY2025: 19.50%Operating margin, FY2021: 23.85%Operating margin, FY2022: 26.73%Operating margin, FY2023: 30.44%Operating margin, FY2024: 8.46%Operating margin, FY2025: 8.27%Net margin, FY2021: -28.22%Net margin, FY2022: -13.20%Net margin, FY2023: -0.39%Net margin, FY2024: -6.01%Net margin, FY2025: 7.80%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 36.19%. Gross margin FY2022 37.22%. Gross margin FY2023 40.44%. Gross margin FY2024 18.92%. Gross margin FY2025 19.50%. Operating margin FY2021 23.85%. Operating margin FY2022 26.73%. Operating margin FY2023 30.44%. Operating margin FY2024 8.46%. Operating margin FY2025 8.27%. Net margin FY2021 -28.22%. Net margin FY2022 -13.20%. Net margin FY2023 -0.39%. Net margin FY2024 -6.01%. Net margin FY2025 7.80%.

Income trends

Revenue

3.18B USD+8.69%

Operating income

263.43M USD+6.25%

Net income

248.34M USD+424.42M USD
Income trends across reported periods3.56B USD2.06B USD556.92M USD−944.67M USDRevenue, FY2021: 2.02B USDRevenue, FY2022: 2.65B USDRevenue, FY2023: 3.01B USDRevenue, FY2024: 2.93B USDRevenue, FY2025: 3.18B USDOperating income, FY2021: 481.1M USDOperating income, FY2022: 709.39M USDOperating income, FY2023: 915.16M USDOperating income, FY2024: 247.93M USDOperating income, FY2025: 263.43M USDNet income, FY2021: −569.27M USDNet income, FY2022: −350.26M USDNet income, FY2023: −11.78M USDNet income, FY2024: −176.08M USDNet income, FY2025: 248.34M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 2.02B USD. Revenue FY2022 2.65B USD. Revenue FY2023 3.01B USD. Revenue FY2024 2.93B USD. Revenue FY2025 3.18B USD. Operating income FY2021 481.1M USD. Operating income FY2022 709.39M USD. Operating income FY2023 915.16M USD. Operating income FY2024 247.93M USD. Operating income FY2025 263.43M USD. Net income FY2021 −569.27M USD. Net income FY2022 −350.26M USD. Net income FY2023 −11.78M USD. Net income FY2024 −176.08M USD. Net income FY2025 248.34M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue3.18B USD2.93B USD3.01B USD2.65B USD2.02B USD
Cost of goods sold2.56B USD2.38B USD1.79B USD1.67B USD1.29B USD
Gross profit621.08M USD554.31M USD1.22B USD987.76M USD730.23M USD
Research and development53.06M USD57.06M USD56.3M USD49.94M USD35.57M USD
Selling, general, and administrative304.59M USD249.32M USD244.15M USD228.43M USD213.56M USD
Operating expenses357.65M USD306.38M USD300.44M USD278.37M USD249.13M USD
Interest income27.65M USD39.1M USD45.9M USD15.47M USD1.53M USD
Interest expense215.37M USD210.86M USD185.29M USD177.9M USD171.48M USD
Depreciation and amortization649.23M USD633.41M USD645.29M USD665.07M USD693.38M USD
Operating income263.43M USD247.93M USD915.16M USD709.39M USD481.1M USD
Net income248.34M USD−176.08M USD−11.78M USD−350.26M USD−569.27M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
18%
2 beats, 9 misses, 0 met estimates
Average EPS surprise
-91.30%
11 comparable reports
Latest EPS result
-2.04
Estimate -1.3 · Miss by 56.92%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.78-2.18-5.15-8.11Q1 '25MissQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 12, 2025: actual -6.67, estimate -2.58, surprise -158.53%, Miss. Q2 2025, reported Apr 29, 2025: actual -7.5, estimate -2.92, surprise -156.89%, Miss. Q3 2025, reported Jul 29, 2025: actual -2.71, estimate -1.09, surprise -149.57%, Miss. Q4 2025, reported Oct 28, 2025: actual -3.67, estimate -1.91, surprise -91.84%, Miss. Q1 2026, reported Feb 11, 2026: actual 0.17, estimate -2.37, surprise +107.18%, Beat. Q2 2026, reported Apr 28, 2026: actual -1.54, estimate -2.39, surprise +35.56%, Beat. Q3 2026, reported Jul 28, 2026: actual -2.04, estimate -1.3, surprise -56.92%, Miss. Q4 2026, reported Oct 27, 2026: actual —, estimate -0.4, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates895.23M824.88M754.54M684.19MQ1 '25MissQ2 '25BeatQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 12, 2025: actual 729.82M USD, estimate 738.34M USD, surprise -1.15%, Miss. Q2 2025, reported Apr 29, 2025: actual 736.19M USD, estimate 718.62M USD, surprise +2.44%, Beat. Q3 2025, reported Jul 29, 2025: actual 832.79M USD, estimate 842.35M USD, surprise -1.13%, Miss. Q4 2025, reported Oct 28, 2025: actual 818.19M USD, estimate 825.35M USD, surprise -0.87%, Miss. Q1 2026, reported Feb 11, 2026: actual 797.53M USD, estimate 794.15M USD, surprise +0.43%, Beat. Q2 2026, reported Apr 28, 2026: actual 783.55M USD, estimate 769.33M USD, surprise +1.85%, Beat. Q3 2026, reported Jul 28, 2026: actual 814.8M USD, estimate 809.28M USD, surprise +0.68%, Beat. Q4 2026, reported Oct 27, 2026: actual —, estimate 860.8M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$104.5

13.08% upside
Past 12 months12-month forecastHigh $130Average $104.5Low $85.00

Rating distribution

44 ratings
Strong buy00%
Buy1636%
Hold2250%
Sell614%
Strong sell00%

Recent analyst actions

9 institutions
JP MorganmaintainUnderweight
Evercore ISI GroupmaintainIn Line

NBR news

zacks.com

Nabors Surges 155% in a Year: Here's How to Play the Stock

NBR stock surges 155% in a year, backed by strong Q2 execution and Saudi growth potential, but heavy spending and risks cloud its outlook.

Read source
gurufocus.com

A Look at Nabors Industries Ltd (NBR) After 3.1% Gain -- GF Value $52.09 vs Price $94.17

On August 14, 2026, Nabors Industries Ltd (NBR) shares rose 3.1% to a current price of $94.17, reflecting a strong performance within its 52-week range of $31.1

Read source
zacks.com

3 Oil & Gas Drilling Stocks Bucking a Bearish Industry Trend

Following a careful analysis of the Zacks Oil and Gas - Drilling industry, we advise focusing on companies like PTEN, NBR and HP.

Read source
globenewswire.com

TechForce Robotics Signs LOI with NBR Intelligence for Potential Deployment of Up to 5,000 Robotic Systems

Framework contemplates five initial pilot systems, followed by a phased, multi-site rollout across prospective factory operations, subject to site identification, site assessments, pilot acceptance, financing and…

Read source
defenseworld.net

Arrowstreet Capital Limited Partnership Buys Shares of 15,393 Nabors Industries Ltd. $NBR

Arrowstreet Capital Limited Partnership bought a new position in shares of Nabors Industries Ltd. (NYSE: NBR) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange…

Read source
zacks.com

Is Nabors a Buy as Growth Improves While Leverage Stays Elevated?

Nabors is building on firmer pricing, premium rigs and international growth while working to improve cash flow and reduce debt.

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$2.00

2019 complete year-83.3% since 2015

Corporate action history

Dividend

Ex-dividend Mar 11, 2020

$0.01

Quarterly

Record Mar 12, 2020 · Payment Apr 2, 2020

Dividend

Ex-dividend Dec 12, 2019

$0.01

Quarterly

Record Dec 13, 2019 · Payment Jan 3, 2020

Dividend

Ex-dividend Sep 10, 2019

$0.01

Quarterly

Record Sep 11, 2019 · Payment Oct 2, 2019

Dividend

Ex-dividend Jun 10, 2019

$0.01

Quarterly

Record Jun 11, 2019 · Payment Jul 2, 2019

Dividend

Ex-dividend Mar 11, 2019

$0.01

Quarterly

Record Mar 12, 2019 · Payment Apr 2, 2019

Dividend

Ex-dividend Dec 12, 2018

$0.06

Quarterly

Record Dec 13, 2018 · Payment Jan 3, 2019

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ETFs holding NBR

Funds reporting this stock among their holdings, ordered by reported position size.

Avantis U.S. Small Cap Value ETF logoAvantis U.S. Small Cap Value ETFAVUV
Market value
53.27M
Weight
0.17%
AUM
31.27B USD
Expense ratio
0.25%
Price / 1D
$126.45+0.66%
Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
41.15M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
iShares Russell 2000 ETF logoiShares Russell 2000 ETFIWM
Market value
34.06M
Weight
0.04%
AUM
81.62B USD
Expense ratio
0.19%
Price / 1D
$299.96+0.77%
VanEck Oil Services ETF logoVanEck Oil Services ETFOIH
Market value
23.55M
Weight
1.19%
AUM
1.97B USD
Expense ratio
0.35%
Price / 1D
$415.33-0.18%
Schwab Fundamental U.S. Small Company Index ETF logoSchwab Fundamental U.S. Small Company Index ETFFNDA
Market value
18.67M
Weight
0.20%
AUM
9.26B USD
Expense ratio
0.25%
Price / 1D
$37.73+0.75%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
14.57M
Weight
0.02%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
iShares Russell 2000 Value ETF logoiShares Russell 2000 Value ETFIWN
Market value
12.6M
Weight
0.09%
AUM
14.66B USD
Expense ratio
0.24%
Price / 1D
$224.81+0.45%
State Street SPDR S&P Oil & Gas Equipment & Services ETF logoState Street SPDR S&P Oil & Gas Equipment & Services ETFXES
Market value
10.78M
Weight
2.76%
AUM
390.49M USD
Expense ratio
0.35%
Price / 1D
$120.91-0.45%

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