Nabors Industries Ltd (NBR)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 22.27% | 28.71% | 27.08% | 26.50% | 27.98% | 26.74% | 27.74% | 25.85% | 22.44% | 38.54% | 37.69% | 38.31% | 39.25% | 38.80% | 39.31% | 39.95% | 25.85% | 34.78% | 30.63% | 26.21% |
| 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% |
| Pretax margin | -4.21% | -2.82% | -2.59% | -0.84% | 2.39% | 0.78% | 2.08% | -1.70% | -11.82% | -11.78% | -17.04% | -21.73% | -20.80% | -27.17% | -31.30% | -29.10% | -37.80% | -40.66% | -33.02% | -31.98% |
| 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% |
Nabors Industries Ltd's profitability ratios have shown a mixed trend over the analyzed period:
1. Gross Profit Margin: The gross profit margin has fluctuated over time, with an average of around 30%. There was a significant drop at the end of 2022, but it has since improved to around 28% by the end of 2024.
2. Operating Profit Margin: The operating profit margin started in negative territory at the beginning of the analyzed period, gradually improving to reach around 15% by the end of 2024. The company has successfully turned around its operational efficiency over the years.
3. Pretax Margin: The pretax margin also followed a similar pattern to the operating profit margin, starting in the negative range but improving steadily to around -3% by the end of 2024. This indicates a positive trend in the company's ability to generate profits before taxes.
4. Net Profit Margin: The net profit margin, representing the company's profitability after all expenses have been deducted, has improved consistently from around -35% in mid-2020 to around -6% by the end of 2024. Although still negative, this improvement is a positive sign for the company's overall financial health.
Overall, Nabors Industries Ltd has shown improvement in its profitability ratios over the years, with notable increases in operating profit margin and pretax margin. However, the company still faces challenges in achieving positive net profit margins.
Return on investment
| 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 return on assets (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% |
| Return on assets (ROA) | -3.91% | -3.06% | -2.86% | -2.05% | -0.22% | -1.36% | -0.65% | -2.21% | -7.41% | -8.28% | -10.49% | -12.70% | -10.30% | -10.90% | -11.88% | -10.48% | -14.64% | -16.50% | -15.40% | -15.49% |
| Return on total capital | 6.66% | 10.81% | 6.91% | 5.98% | 8.90% | 7.07% | 8.20% | 4.40% | -3.81% | -5.39% | -9.26% | -12.10% | -8.88% | -8.27% | -9.45% | -7.85% | -13.16% | -15.57% | -13.70% | -13.97% |
| Return on equity (ROE) | -130.44% | -72.70% | -52.80% | -33.30% | -3.61% | -18.42% | -7.21% | -28.94% | -94.93% | -89.90% | -111.12% | -113.44% | -96.38% | -79.52% | -73.12% | -54.34% | -69.97% | -76.46% | -65.21% | -62.79% |
Nabors Industries Ltd's profitability ratios have shown significant fluctuations over the last few years.
- The Operating Return on Assets (Operating ROA) started at a low of 0.85% in March 2020, dipped into negative territory reaching -3.88% in June 2021, and gradually improved to 9.16% by September 2024.
- The Return on Assets (ROA) displayed a similar pattern, starting at a substantial negative figure of -15.49% in March 2020, hitting a low of -3.91% in December 2024.
- Return on Total Capital exhibited a volatile trend, with negative values in the initial years, bouncing back to positive figures towards the end of the period, peaking at 10.81% in September 2024.
- Return on Equity (ROE) followed a pattern of steep declines from extremely negative values in 2020 and early 2021, with some recovery in the latter years, before ending at -130.44% in December 2024.
Overall, the company's profitability ratios have shown a mix of poor performance, recovery, and stability over the years under review, indicating the challenges faced by Nabors Industries Ltd in generating returns for its investors and efficiently utilizing its assets and capital.