Nabors Industries Ltd (NBR)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 247,927 | 269,863 | 194,401 | -80,787 | -171,461 |
| Revenue | US$ in thousands | 2,877,660 | 2,849,710 | 2,370,550 | 2,472,160 | 2,597,540 |
| Operating profit margin | 8.62% | 9.47% | 8.20% | -3.27% | -6.60% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $247,927K ÷ $2,877,660K
= 8.62%
The operating profit margin of Nabors Industries Ltd has shown improvement over the past few years. It was negative in the years 2020 and 2021, at -6.60% and -3.27% respectively. However, there has been a positive turnaround since then, with the margin increasing to 8.20% in 2022, 9.47% in 2023, and 8.62% in 2024. This upward trend indicates that the company has been able to effectively manage its operating expenses relative to its revenue, resulting in a healthier margin. It suggests improved operational efficiency and potentially better financial performance for the company in recent years.
Peer comparison
Dec 31, 2024