Nabors Industries Ltd (NBR) stock
NBRNYSEDrilling Oil & Gas WellsFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 8/3024% below fair value
$84.68+1.40 (+1.68%)
Close on Nov 13, 2026Market cap $1.35BP/E –Yield –
Nabors Industries gross margin
Gross margin is gross profit as a percentage of revenue.
Nabors Industries's gross margin for the twelve months ending Sep 30, 2024 was 40.7%. For fiscal 2023 it was 40.4%, against 37.2% the year before. The highest annual figure on record is 45.9% in fiscal 2009.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | 40.4% | +3.2 |
| FY2022 | Dec 31, 2022 | 37.2% | +1.0 |
| FY2021 | Dec 31, 2021 | 36.2% | −1.3 |
| FY2020 | Dec 31, 2020 | 37.5% | +0.9 |
| FY2019 | Dec 31, 2019 | 36.6% | +1.3 |
| FY2018 | Dec 31, 2018 | 35.3% | +2.3 |
| FY2017 | Dec 31, 2017 | 33.0% | −6.7 |
| FY2016 | Dec 31, 2016 | 39.7% | +1.0 |
| FY2015 | Dec 31, 2015 | 38.6% | +4.8 |
| FY2014 | Dec 31, 2014 | 33.8% | −1.5 |
| FY2013 | Dec 31, 2013 | 35.3% | −0.9 |
| FY2012 | Dec 31, 2012 | 36.2% | −1.6 |
| FY2011 | Dec 31, 2011 | 37.8% | −4.1 |
| FY2010 | Dec 31, 2010 | 41.9% | −4.0 |
| FY2009 | Dec 31, 2009 | 45.9% | +2.2 |
| FY2008 | Dec 31, 2008 | 43.7% | −0.3 |
| FY2007 | Dec 31, 2007 | 44.0% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2024 | Sep 30, 2024 | 41.0% | +2.0 |
| Q2 FY2024 | Jun 30, 2024 | 40.1% | −0.5 |
| Q1 FY2024 | Mar 31, 2024 | 40.4% | −0.2 |
| Q4 FY2023 | Dec 31, 2023 | 41.5% | +1.6 |
| Q3 FY2023 | Sep 30, 2023 | 39.0% | +1.3 |
| Q2 FY2023 | Jun 30, 2023 | 40.6% | +4.6 |
| Q1 FY2023 | Mar 31, 2023 | 40.7% | +6.2 |
| Q4 FY2022 | Dec 31, 2022 | 39.9% | +3.7 |
| Q3 FY2022 | Sep 30, 2022 | 37.7% | +1.9 |
| Q2 FY2022 | Jun 30, 2022 | 36.0% | −0.1 |
| Q1 FY2022 | Mar 31, 2022 | 34.4% | −2.4 |
| Q4 FY2021 | Dec 31, 2021 | 36.1% | −2.0 |
| Q3 FY2021 | Sep 30, 2021 | 35.8% | −2.5 |
| Q2 FY2021 | Jun 30, 2021 | 36.1% | −2.7 |
| Q1 FY2021 | Mar 31, 2021 | 36.9% | +1.2 |
| Q4 FY2020 | Dec 31, 2020 | 38.1% | −0.8 |
| Q3 FY2020 | Sep 30, 2020 | 38.3% | +1.0 |
| Q2 FY2020 | Jun 30, 2020 | 38.8% | +4.1 |
| Q1 FY2020 | Mar 31, 2020 | 35.7% | −0.5 |
| Q4 FY2019 | Dec 31, 2019 | 38.9% | +3.8 |
| Q3 FY2019 | Sep 30, 2019 | 37.3% | +2.0 |
| Q4 FY2018 | Dec 31, 2018 | 34.7% | +1.3 |
| Q3 FY2018 | Sep 30, 2018 | 36.2% | +2.9 |
| Q2 FY2018 | Jun 30, 2018 | 35.2% | +1.3 |
| Q1 FY2018 | Mar 31, 2018 | 35.2% | +4.2 |
| Q4 FY2017 | Dec 31, 2017 | 33.4% | −5.1 |
| Q3 FY2017 | Sep 30, 2017 | 33.4% | −7.7 |
| Q2 FY2017 | Jun 30, 2017 | 33.9% | – |
| Q1 FY2017 | Mar 31, 2017 | 31.1% | – |
| Q4 FY2016 | Dec 31, 2016 | 38.5% | – |
| Q3 FY2016 | Sep 30, 2016 | 41.0% | – |
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