Nabors Industries Ltd (NBR)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 4,504,300 | 4,553,640 | 4,615,690 | 4,644,970 | 5,277,960 | 4,726,850 | 4,463,270 | 5,277,960 | 4,729,850 | 4,768,560 | 4,800,980 | 4,857,170 | 5,525,360 | 5,174,830 | 5,042,320 | 5,254,910 | 5,503,430 | 5,817,310 | 5,982,420 | 6,308,550 |
| Operating ROA | 5.50% | 9.16% | 8.69% | 9.02% | 8.22% | 9.07% | 8.94% | 5.94% | 4.11% | 1.88% | 0.30% | -0.93% | -1.46% | -2.82% | -3.88% | -3.77% | -3.12% | -1.50% | 0.04% | 0.85% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $247,927K ÷ $4,504,300K
= 5.50%
The trend of Nabors Industries Ltd's operating return on assets (operating ROA) has been fluctuating over the observed periods.
- From March 31, 2020, to December 31, 2021, the company experienced negative operating ROA figures, indicating that they were not effectively generating operating profits relative to their asset base during those periods.
- However, starting from March 31, 2022, there was a positive turnaround with a gradual improvement in operating ROA.
- The highest operating ROA was recorded on December 31, 2024, at 9.16%, showcasing an improvement in the company's operational efficiency and profitability relative to its assets.
- It is essential for Nabors Industries Ltd to sustain this positive trend in operating ROA to demonstrate their ability to generate earnings from their assets efficiently.
Overall, the recent increase in operating ROA suggests an improvement in Nabors Industries Ltd's operational performance and profitability, indicating potentially favorable prospects for the company.
Peer comparison
Dec 31, 2024