PRNewsWire·6 days ago
Nabors Industries Ltd. 2nd Quarter 2026 Earnings Conference Call InvitationHAMILTON, Bermuda, July 1, 2026 /PRNewswire/ -- Nabors Industries Ltd. (NYSE: NBR) invites you to join Anthony G.
Nabors Industries Ltd.(NBR)Earnings, Financials & Key Ratios
NBR•NYSE
$78.09
4.6× P/E·Price updated Jul 7, 2026
AboutNabors 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 Solutions, and Rig Technologies. It provides tubular running, wellbore placement, directional drilling, measurement-while-drilling (MWD), equipment manufacturing, and rig instrumentation services; and logging-while-drilling systems and services, as well as drilling optimization software. The company also offers REVit, an automated real time stick-slip mitigation system; ROCKit, a directional steering control system; SmartNAV, a collaborative guidance and advisory platform; SmartSLIDE, an advanced directional steering control system; and RigCLOUD, which provides the tools and infrastructure to integrate applications to deliver real-time insight into operations across the rig fleet. In addition, it manufactures and sells top drives, catwalks, wrenches, drawworks, and other drilling related equipment, such as robotic systems and downhole tools; and provides aftermarket sales and services for the installed base of its equipment. As of December 31, 2021, the company marketed approximately 301 rigs for land-based drilling operations in the United States, Canada, and in 20 other countries worldwide; and 29 rigs for offshore platform drilling operations in the United States and internationally. Nabors Industries Ltd. was founded in 1952 and is based in Hamilton, Bermuda.Show more
- Revenue$3.18B+8.7%
- EBITDA$913M+3.6%
- Net Income$248M+241.0%
- EPS (Diluted)17.16+176.7%
- Gross Margin19.5%+3.1%
- EBITDA Margin28.66%-4.7%
- Operating Margin8.27%-2.2%
- Net Margin7.8%+229.8%
- ROE18.79%+232.7%
NBR Price & Volume
Nabors Industries Ltd. (NBR) stock price & volume — 10-year historical chart
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Cyclical Margin Compression Challenges Nabors Financial Stability
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Mixed
Profitability:Strained
Financial:Vulnerable
Cash Flow:Deteriorating
Primary Risk:High debt maturity pressure
Key Thesis Takeaways
- Nabors Industries faces a precarious outlook as its high-fixed-cost drilling model struggles to maintain profitability, evidenced by gross margins contracting from over 40% in 2024 to 17.1% in 2026Q1.
- The company's reliance on capital-intensive operations, with CapEx/Revenue ratios consistently exceeding 20%, continues to strain liquidity and exacerbate the burden of its $2.1 billion debt load.
- Investors should remain cautious as the persistent gap between net income and operating cash flow, highlighted by a -5.19 OCF/NI ratio in 2026Q1, suggests significant underlying earnings quality volatility.
Verdict Logic
the company's high debt-to-equity ratio of 1.48 and the recent collapse in net margins to -2.8% in 2026Q1 indicate significant structural risks that outweigh current valuation multiples.
NBR Growth Metrics
Nabors Industries Ltd. (NBR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-1.92%
5 Years8.34%
3 Years6.27%
TTM10.21%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM291.21%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM178.58%
Return on Capital
10 Years9.49%
5 Years12.1%
3 Years11.78%
Last Year6.82%
NBR Recent Earnings
Nabors Industries Ltd. (NBR) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 2/12 qtrs (17%)●Beat Revenue 4/12 qtrs (33%)
Q2 2026Latest
Apr 28, 2026Metric
Actual
Est
EPS
$1.54+35.6%
$2.39
Rev
$784M+1.8%
$769M
Q1 2026
Feb 11, 2026Metric
Actual
Est
EPS
$0.17+105.8%
$2.93
Rev
$798M+0.4%
$794M
Q4 2025
Oct 28, 2025Metric
Actual
Est
EPS
$3.67-54.9%
$2.37
Rev
$818M+2.8%
$796M
Q3 2025
Jul 29, 2025Metric
Actual
Est
EPS
$2.71-32.2%
$2.05
Rev
$833M-2.7%
$856M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 28, 2026 | $1.54vs $2.39+35.6% | $784Mvs $769M+1.8% |
| Q1 2026 | Feb 11, 2026 | $0.17vs $2.93+105.8% | $798Mvs $794M+0.4% |
| Q4 2025 | Oct 28, 2025 | $3.67vs $2.37-54.9% | $818Mvs $796M+2.8% |
| Q3 2025 | Jul 29, 2025 | $2.71vs $2.05-32.2% | $833Mvs $856M-2.7% |
Based on last 12 quarters of dataView full earnings history →
Latest NBR News
Recent stock market news and headlines for Nabors Industries Ltd. (NBR)
24/7 Wall Street·Jul 1, 2026
The Bill Miller Playbook: How Lincoln Financial, Strategy, and Nabors Stack Up for Retirement InvestorsBill Miller built his reputation at Legg Mason by beating the S&P 500 for 15 consecutive years using a concentrated, contrarian, value approach.
Zacks Investment Research·Jun 30, 2026
Is Nabors Industries (NBR) Outperforming Other Oils-Energy Stocks This Year?Here is how Nabors Industries (NBR) and PBF Energy (PBF) have performed compared to their sector so far this year.
Zacks Investment Research·Jun 25, 2026
Don't Miss Out: 2 Top Energy Stocks to Buy Now as Oil Trades Near $70Phillips 66 and Nabors are in focus as WTI trades below $70, with softer crude costs and steady drilling demand shaping their outlook.
Peers Comparison
Key metrics vs top competitors for Nabors Industries Ltd. (NBR)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $78.09 | $1.16B | 4.55 | 8.69% | 7.8% | 18.79% | 0.54% | |
| $31.83 | $3.18B | -19.17 | 35.89% | -9.39% | -13.63% | — | |
| $10.28 | $937.66M | 5.50 | 5.36% | 37.97% | 72.37% | — | |
| $9.15 | $3.47B | -38.13 | -10.25% | -2.56% | -3.67% | — | |
| $14.82 | $1.38B | 32.22 | 7.46% | 22.7% | 9.64% | — | |
| $46.42 | $69.4B | 19.75 | -1.6% | 9.2% | 12.82% | — |
Compare NBR vs Peers
Nabors Industries Ltd. (NBR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NBR SEC Filings & Documents
Nabors Industries Ltd. (NBR) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
Jun 5, 2026·SEC
Material company update
Apr 28, 2026·SEC
Material company update
Apr 7, 2026·SEC
10-K Annual Reports
310-Q Quarterly Reports
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NBR Frequently Asked Questions
Nabors Industries Ltd. (NBR) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Nabors Industries Ltd.'s revenue?
Nabors Industries Ltd. (NBR) reported $3.23B in revenue for fiscal year 2025. This represents a 349% increase from $719.7M in 1996.
How fast is Nabors Industries Ltd. growing?
Nabors Industries Ltd. (NBR) grew revenue by 8.7% over the past year. This is steady growth.
Is NBR profitable?
Yes, Nabors Industries Ltd. (NBR) is profitable, generating $208.0M in net income for fiscal year 2025 (7.8% net margin).
Dividend & Returns
Does NBR pay dividends?
Yes, Nabors Industries Ltd. (NBR) pays a dividend with a yield of 0.54%. This makes it attractive for income-focused investors.
What is NBR's return on equity?
Nabors Industries Ltd. (NBR) has a return on equity (ROE) of 18.8%. This is reasonable for most industries.
What is Nabors Industries Ltd.'s free cash flow?
Nabors Industries Ltd. (NBR) generated $2.9M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.