National Energy Services Reunited Corp.
NESR Nasdaq· Oil & Gas Field Services, Nec
Last close · Oct 23, 2026
$20.46
KIRA · Stoqly’s AI analyst, in plain words
- National Energy Services Reunited Corp. had $1.3B of revenue in fiscal 2025, up 1.7% on the year before.
- Its operating margin was 7.4%, down 3.2 pts: of every 100 in sales, about 7 is left after running the business.
- National Energy Services Reunited Corp. made $51.1M of net profit in fiscal 2025. From fiscal 2023 to 2025, diluted EPS grew 100.0% a year.
- Free cash flow was $121M in fiscal 2025, 9.1% of revenue.
- National Energy Services Reunited Corp. owes $187M more than it holds in cash, about 0.8 years of operating profit.
Market cap
$2.1B
P/E
39.3x
Revenue
$1.3B
Net income
$51.1M
Free cash flow
$121M
Operating margin
7.4%
National Energy Services Reunited Corp. in 30 seconds · fiscal 2025
Are sales growing?
+1.7%
Only a little. Sales grew 1.7% last year.
Does it make a profit?
3.9%
A little. It keeps 3.9% of every sale as profit.
Does profit turn into cash?
9.1%
Partly. 9.1% of sales ends up as free cash.
Is debt under control?
0.8x
Yes. It could repay its debt with 0.8 years of operating profit.
How healthy are the accounts?
4 / 9
Mixed. It passes 4 of 9 health tests.
How is the share priced?
39.3x
One share costs 39.3 times its yearly profit per share.
What National Energy Services Reunited Corp. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 6, 2026
- Legal name
- National Energy Services Reunited Corp.
- CIK
- 0001698514
National Energy Services Reunited Corp. · NESR
Results and finances
The last 3 fiscal years. Amounts in USD.
| Fiscal year | FY23 | FY24 | FY25 |
|---|---|---|---|
| Sales and profit | |||
| Revenue | $1.1B | $1.3B | $1.3B |
| Revenue growth | — | 13.6% | 1.7% |
| Gross margin | 13.0% | 16.0% | 12.4% |
| Operating margin | 7.0% | 10.6% | 7.4% |
| Net income | $12.6M | $76.3M | $51.1M |
| Net margin | 1.1% | 5.9% | 3.9% |
| Diluted EPS | $0.13 | $0.80 | $0.52 |
| Cash | |||
| Cash from operations | $177M | $229M | $264M |
| Capital expenditure | $68.2M | $105M | $143M |
| Free cash flow | $109M | $124M | $121M |
| FCF margin | 9.5% | 9.5% | 9.1% |
| Share count change | — | 1.0% | 3.5% |
| Debt and strength | |||
| Cash and short-term investments | $67.8M | $108M | $125M |
| Debt incl. finance leases | — | $388M | $312M |
| Shareholders' equity | $821M | $908M | $968M |
| Net debt / EBITDA | — | 1.0x | 0.8x |
| Current ratio | — | 1.1x | 1.0x |
| Interest coverage | 1.8x | 3.5x | 3.0x |
| Returns and quality | |||
| Return on capital | — | 9.3% | 7.2% |
| Return on equity | 1.5% | 8.8% | 5.5% |
| Return on tangible equity | 0.0% | 38.6% | 18.5% |
| Piotroski F-score | — | — | 4 |
| Altman Z'' | — | 1.8 | 1.7 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$142M
4 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
National Energy Services Reunited Corp. · NESR
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $20.46 a share, the company is worth $2.1B: 39.3 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0001698514). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.