Nabors Industries Ltd (NBR)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -176,084 | -139,116 | -132,207 | -95,341 | -11,784 | -64,146 | -29,013 | -116,541 | -350,261 | -394,873 | -503,590 | -616,682 | -569,272 | -563,832 | -598,797 | -550,900 | -805,641 | -960,088 | -921,551 | -977,003 |
| Revenue (ttm) | US$ in thousands | 2,827,277 | 2,775,554 | 2,732,938 | 2,733,763 | 2,824,854 | 2,824,158 | 2,835,559 | 2,686,524 | 2,442,417 | 2,896,069 | 2,695,320 | 2,563,727 | 2,469,769 | 1,795,405 | 1,690,978 | 1,723,505 | 1,980,035 | 2,250,900 | 2,571,586 | 2,806,404 |
| Net profit margin | -6.23% | -5.01% | -4.84% | -3.49% | -0.42% | -2.27% | -1.02% | -4.34% | -14.34% | -13.63% | -18.68% | -24.05% | -23.05% | -31.40% | -35.41% | -31.96% | -40.69% | -42.65% | -35.84% | -34.81% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-176,084K ÷ $2,827,277K
= -6.23%
The net profit margin of Nabors Industries Ltd has shown a consistent improvement over the past few years. Starting from a negative margin of around -35% in the first quarter of 2020, the company gradually reduced its losses, reaching a negative net profit margin of around -6% by the end of December 2024. This indicates that the company has been able to control its costs and improve its profitability over time. However, it is important for Nabors Industries Ltd to continue this positive trend and strive towards achieving a positive net profit margin in the future to ensure sustainable growth and financial stability.
Peer comparison
Dec 31, 2024