Nabors Industries Ltd (NBR)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 247,927 | 416,962 | 400,874 | 419,156 | 433,707 | 428,630 | 399,230 | 313,292 | 194,414 | 89,750 | 14,277 | -45,087 | -80,787 | -145,838 | -195,676 | -198,265 | -171,461 | -87,225 | 2,402 | 53,335 |
| 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 |
| Operating profit margin | 8.77% | 15.02% | 14.67% | 15.33% | 15.35% | 15.18% | 14.08% | 11.66% | 7.96% | 3.10% | 0.53% | -1.76% | -3.27% | -8.12% | -11.57% | -11.50% | -8.66% | -3.88% | 0.09% | 1.90% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $247,927K ÷ $2,827,277K
= 8.77%
Nabors Industries Ltd has exhibited fluctuations in its operating profit margin over the specified period. The operating profit margin started at 1.90% in March 2020, dropped significantly to -11.57% by June 2021, and then showed a gradual improvement reaching 15.35% by December 2023.
During the years 2022 and 2023, the company experienced a notable rebound in its operating profit margin, which peaked at 15.35% in December 2023. However, the margin slightly decreased to 8.77% by the end of December 2024.
Overall, the operating profit margin of Nabors Industries Ltd has shown a recovery trend from 2022 to 2024, indicating improvements in the company's operational efficiency and profitability. It is essential for investors to closely monitor future financial reports to assess the sustainability of this positive performance.
Peer comparison
Dec 31, 2024