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 operating margin
Operating margin is operating income as a percentage of revenue.
Nabors Industries's operating margin for the twelve months ending Sep 30, 2026 was 14.0%. For fiscal 2025 it was 14.8%, against 14.2% the year before. The highest annual figure on record is 15.7% in fiscal 2010.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 14.8% | +0.6 |
| FY2024 | Dec 31, 2024 | 14.2% | −0.2 |
| FY2023 | Dec 31, 2023 | 14.4% | +12.8 |
| FY2022 | Dec 31, 2022 | 1.7% | +5.7 |
| FY2021 | Dec 31, 2021 | -4.0% | +4.0 |
| FY2020 | Dec 31, 2020 | -8.0% | −11.0 |
| FY2019 | Dec 31, 2019 | 2.9% | +1.0 |
| FY2018 | Dec 31, 2018 | 1.9% | +7.5 |
| FY2017 | Dec 31, 2017 | -5.5% | −0.2 |
| FY2016 | Dec 31, 2016 | -5.3% | −13.5 |
| FY2015 | Dec 31, 2015 | 8.2% | −3.5 |
| FY2014 | Dec 31, 2014 | 11.7% | +2.7 |
| FY2013 | Dec 31, 2013 | 9.1% | −4.2 |
| FY2012 | Dec 31, 2012 | 13.3% | −1.1 |
| FY2011 | Dec 31, 2011 | 14.4% | −1.3 |
| FY2010 | Dec 31, 2010 | 15.7% | +3.7 |
| FY2009 | Dec 31, 2009 | 12.0% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 15.7% | +0.1 |
| Q2 FY2026 | Jun 30, 2026 | 13.6% | −1.8 |
| Q1 FY2026 | Mar 31, 2026 | 12.2% | −1.7 |
| Q4 FY2025 | Dec 31, 2025 | 14.2% | −0.3 |
| Q3 FY2025 | Sep 30, 2025 | 15.6% | +1.1 |
| Q2 FY2025 | Jun 30, 2025 | 15.4% | +7.5 |
| Q1 FY2025 | Mar 31, 2025 | 13.8% | +5.2 |
| Q4 FY2024 | Dec 31, 2024 | 14.5% | −0.1 |
| Q3 FY2024 | Sep 30, 2024 | 14.5% | +2.2 |
| Q2 FY2024 | Jun 30, 2024 | 7.9% | −7.7 |
| Q1 FY2024 | Mar 31, 2024 | 8.6% | −6.6 |
| Q4 FY2023 | Dec 31, 2023 | 14.6% | +21.1 |
| Q3 FY2023 | Sep 30, 2023 | 12.2% | +3.5 |
| Q2 FY2023 | Jun 30, 2023 | 15.5% | +10.3 |
| Q1 FY2023 | Mar 31, 2023 | 15.2% | +15.3 |
| Q4 FY2022 | Dec 31, 2022 | -6.5% | −5.8 |
| Q3 FY2022 | Sep 30, 2022 | 8.7% | +11.6 |
| Q2 FY2022 | Jun 30, 2022 | 5.3% | +10.6 |
| Q1 FY2022 | Mar 31, 2022 | -0.0% | +7.8 |
| Q4 FY2021 | Dec 31, 2021 | -0.7% | +14.8 |
| Q3 FY2021 | Sep 30, 2021 | -2.9% | +11.9 |
| Q2 FY2021 | Jun 30, 2021 | -5.3% | +0.0 |
| Q1 FY2021 | Mar 31, 2021 | -7.8% | −6.5 |
| Q4 FY2020 | Dec 31, 2020 | -15.5% | −17.7 |
| Q3 FY2020 | Sep 30, 2020 | -14.8% | −18.1 |
| Q2 FY2020 | Jun 30, 2020 | -5.4% | −7.4 |
| Q1 FY2020 | Mar 31, 2020 | -1.3% | −5.3 |
| Q4 FY2019 | Dec 31, 2019 | 2.2% | +0.7 |
| Q3 FY2019 | Sep 30, 2019 | 3.3% | +3.3 |
| Q4 FY2018 | Dec 31, 2018 | 2.1% | +4.6 |
| Q3 FY2018 | Sep 30, 2018 | 4.1% | +9.1 |
| Q2 FY2018 | Jun 30, 2018 | 1.4% | +5.6 |
| Q1 FY2018 | Mar 31, 2018 | -0.0% | +11.4 |
| Q4 FY2017 | Dec 31, 2017 | -2.5% | +4.2 |
| Q3 FY2017 | Sep 30, 2017 | -5.0% | +2.3 |
| Q2 FY2017 | Jun 30, 2017 | -4.1% | – |
| Q1 FY2017 | Mar 31, 2017 | -11.4% | – |
| Q4 FY2016 | Dec 31, 2016 | -6.8% | – |
| Q3 FY2016 | Sep 30, 2016 | -7.4% | – |
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