Financhill
Sell
50

NESR Quote, Financials, Valuation and Earnings

Last price:
$6.15
Seasonality move :
6.92%
Day range:
$5.91 - $6.25
52-week range:
$5.20 - $9.89
Dividend yield:
0%
P/E ratio:
7.36x
P/S ratio:
0.44x
P/B ratio:
0.65x
Volume:
341.8K
Avg. volume:
948.3K
1-year change:
-36.6%
Market cap:
$595.2M
Revenue:
$1.3B
EPS (TTM):
$0.81
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Revenue $834.2M $876.7M $909.5M $1.1B $1.3B
Revenue Growth (YoY) 26.7% 5.1% 3.74% 25.99% 13.6%
 
Cost of Revenues $756.2M $873.9M $844M $997.3M $1.1B
Gross Profit $77.9M $2.8M $65.5M $148.7M $208.7M
Gross Profit Margin 9.34% 0.32% 7.2% 12.97% 16.03%
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $26.8M $28.1M $47.5M $49.2M $52.2M
Other Inc / (Exp) $9.7M -$2.1M $5.2M -$5M -$2.3M
Operating Expenses $42.6M $46.1M $66.4M $67.9M $71M
Operating Income $35.3M -$43.3M -$917K $80.7M $137.7M
 
Net Interest Expenses $15.9M $15.2M $34.1M $45.8M $39.9M
EBT. Incl. Unusual Items $29.1M -$60.6M -$29.8M $29.8M $95.5M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $12.5M $4M $6.6M $17.3M $19.2M
Net Income to Company $16.6M -$64.6M -$36.4M $12.6M $76.3M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $16.6M -$64.6M -$36.4M $12.6M $76.3M
 
Basic EPS (Cont. Ops) $0.19 -$0.71 -$0.39 $0.13 $0.80
Diluted EPS (Cont. Ops) $0.18 -$0.71 -$0.39 $0.13 $0.80
Weighted Average Basic Share $88.8M $91M $93M $94.7M $95.5M
Weighted Average Diluted Share $89.1M $91M $93M $94.7M $95.7M
 
EBITDA $165.7M $76.7M $120.2M $217.9M $278.2M
EBIT $45M -$45.4M $4.3M $75.7M $135.4M
 
Revenue (Reported) $834.2M $876.7M $909.5M $1.1B $1.3B
Operating Income (Reported) $35.3M -$43.3M -$917K $80.7M $137.7M
Operating Income (Adjusted) $45M -$45.4M $4.3M $75.7M $135.4M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $212.4M -- -- $296.8M $303.1M
Revenue Growth (YoY) 6.59% -- -- 40.43% 2.11%
 
Cost of Revenues $174.3M -- -- $253.9M $265.6M
Gross Profit $38.1M -- -- $42.9M $37.5M
Gross Profit Margin 17.94% -- -- 14.47% 12.36%
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $18.1M -- -- $13.7M $11.8M
Other Inc / (Exp) $283K -- -- $621K $1.1M
Operating Expenses $22.2M -- -- $18.4M $16.5M
Operating Income $16M -- -- $24.6M $20.9M
 
Net Interest Expenses $3.2M -- -- $10.6M $8.3M
EBT. Incl. Unusual Items $13.1M -- -- $14.6M $13.7M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $1.6M -- -- $4.6M $3.3M
Net Income to Company $11.5M -- -- $10M $10.4M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $11.5M -- -- $10M $10.4M
 
Basic EPS (Cont. Ops) $0.13 -- -- $0.11 $0.11
Diluted EPS (Cont. Ops) $0.12 -- -- $0.10 $0.11
Weighted Average Basic Share $90.4M -- -- $95.1M $96.1M
Weighted Average Diluted Share $91.9M -- -- $95.4M $96.7M
 
EBITDA $46.5M -- -- $58.8M $58M
EBIT $16.2M -- -- $25.2M $22M
 
Revenue (Reported) $212.4M -- -- $296.8M $303.1M
Operating Income (Reported) $16M -- -- $24.6M $20.9M
Operating Income (Adjusted) $16.2M -- -- $25.2M $22M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $847.3M -- -- $1.2B $1.3B
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $772.3M -- -- $1B $1.1B
Gross Profit $75M -- -- $164.5M $203.2M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $26.3M -- -- $48.2M $50.3M
Other Inc / (Exp) $9.5M -- -- -$5.1M -$1.9M
Operating Expenses $42.3M -- -- $67M $69.1M
Operating Income $32.7M -- -- $97.5M $134.1M
 
Net Interest Expenses $14.5M -- -- $45.5M $37.6M
EBT. Incl. Unusual Items $27.7M -- -- $46.9M $94.6M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $11.6M -- -- $18M $17.9M
Net Income to Company $16.1M -- -- -- $76.7M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $16.1M -- -- $28.9M $76.7M
 
Basic EPS (Cont. Ops) $0.56 -- -- $0.31 $0.81
Diluted EPS (Cont. Ops) $0.55 -- -- $0.30 $0.81
Weighted Average Basic Share
Weighted Average Diluted Share
 
EBITDA $163.9M -- -- $201.5M $277.4M
EBIT $42.2M -- -- $92.4M $132.2M
 
Revenue (Reported) $847.3M -- -- $1.2B $1.3B
Operating Income (Reported) $32.7M -- -- $97.5M $134.1M
Operating Income (Adjusted) $42.2M -- -- $92.4M $132.2M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Revenue $212.4M -- -- $296.8M $303.1M
Revenue Growth (YoY) -- -- -- -- --
 
Cost of Revenues $174.3M -- -- $253.9M $265.6M
Gross Profit $38.1M -- -- $42.9M $37.5M
Gross Profit Margin -- -- -- -- --
 
R&D Expenses -- -- -- -- --
Selling, General & Admin $18.1M -- -- $13.7M $11.8M
Other Inc / (Exp) $283K -- -- $621K $1.1M
Operating Expenses $22.2M -- -- $18.4M $16.5M
Operating Income $16M -- -- $24.6M $20.9M
 
Net Interest Expenses $3.2M -- -- $10.6M $8.3M
EBT. Incl. Unusual Items $13.1M -- -- $14.6M $13.7M
Earnings of Discontinued Ops. -- -- -- -- --
Income Tax Expense $1.6M -- -- $4.6M $3.3M
Net Income to Company $11.5M -- -- $10M $10.4M
 
Minority Interest in Earnings -- -- -- -- --
Net Income to Common Excl Extra Items $11.5M -- -- $10M $10.4M
 
Basic EPS (Cont. Ops) $0.13 -- -- $0.11 $0.11
Diluted EPS (Cont. Ops) $0.12 -- -- $0.10 $0.11
Weighted Average Basic Share $90.4M -- -- $95.1M $96.1M
Weighted Average Diluted Share $91.9M -- -- $95.4M $96.7M
 
EBITDA $46.5M -- -- $58.8M $58M
EBIT $16.2M -- -- $25.2M $22M
 
Revenue (Reported) $212.4M -- -- $296.8M $303.1M
Operating Income (Reported) $16M -- -- $24.6M $20.9M
Operating Income (Adjusted) $16.2M -- -- $25.2M $22M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Cash and Equivalents $75M $205.8M $78.9M $67.8M $108M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $116.8M $130.4M $148.7M $171.3M $137.3M
Inventory $94.3M $93.9M $110.5M $98.4M $96.8M
Prepaid Expenses $11.5M $6M $337K $9.2M $10.1M
Other Current Assets $3.9M $6.4M $16.7M $10.8M $7.1M
Total Current Assets $515.2M $627.4M $537.8M $541.7M $540.5M
 
Property Plant And Equipment $437.7M $425.5M $491M $474.3M $464.2M
Long-Term Investments -- -- -- -- --
Goodwill $620.9M $645.1M $645.1M $645.1M $645.1M
Other Intangibles $110.4M $121.6M $102.9M $84.3M $65.7M
Other Long-Term Assets $2.8M $11.7M $51.5M $52.3M $58.2M
Total Assets $1.7B $1.8B $1.8B $1.8B $1.8B
 
Accounts Payable $144.6M $314.6M $353.5M $351.2M $305.3M
Accrued Expenses $73.8M -- -- -- --
Current Portion Of Long-Term Debt $85.5M $8.8M $53.4M $71.7M $68.7M
Current Portion Of Capital Lease Obligations -- -- $6.3M $7.4M $5.4M
Other Current Liabilities $30.4M $17.8M $26.2M $31.1M $29.1M
Total Current Liabilities $359.4M $431.9M $544.1M $533.4M $503.5M
 
Long-Term Debt $308.6M $508.8M $391.9M $331.6M $254.4M
Capital Leases -- -- -- -- --
Total Liabilities $742.6M $1B $1B $976.2M $865.4M
 
Common Stock $826.6M $856.8M $877.3M $883.9M $894.3M
Other Common Equity Adj $64K $69K $69K $69K $69K
Common Equity $944.4M $821M $802.3M $821.5M $908.2M
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -$8K -- -- -- --
Total Equity $944.4M $821M $802.3M $821.5M $908.2M
 
Total Liabilities and Equity $1.7B $1.8B $1.8B $1.8B $1.8B
Cash and Short Terms $75M $205.8M $78.9M $67.8M $108M
Total Debt $398.5M $595.8M $535.1M $452.2M $382.8M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Cash and Equivalents $89.3M -- -- -- $78.7M
Short Term Investments -- -- -- -- --
Accounts Receivable, Net $127.5M -- -- -- $164.8M
Inventory $95.8M -- -- -- $101.4M
Prepaid Expenses $13.6M -- -- -- $9.4M
Other Current Assets $4.7M -- -- -- $5.6M
Total Current Assets $499.5M -- -- -- $554.8M
 
Property Plant And Equipment $423.6M -- -- -- $450.9M
Long-Term Investments -- -- -- -- --
Goodwill $620.9M -- -- -- $645.1M
Other Intangibles $106.4M -- -- -- $61M
Other Long-Term Assets $3.1M -- -- -- $57.5M
Total Assets $1.7B -- -- -- $1.8B
 
Accounts Payable $137.8M -- -- -- $306.6M
Accrued Expenses $46.9M -- -- -- --
Current Portion Of Long-Term Debt $89M -- -- -- $67.3M
Current Portion Of Capital Lease Obligations -- -- -- -- $5.3M
Other Current Liabilities $25M -- -- -- $29.8M
Total Current Liabilities $327.1M -- -- -- $502.6M
 
Long-Term Debt $298.5M -- -- -- $238.7M
Capital Leases -- -- -- -- --
Total Liabilities $682.5M -- -- -- $848.8M
 
Common Stock $846.2M -- -- -- $896.1M
Other Common Equity Adj $97K -- -- -- $69K
Common Equity -- -- -- -- --
Total Preferred Equity -- -- -- -- --
Minority Interest, Total -$8K -- -- -- --
Total Equity $970.9M -- -- -- $920.5M
 
Total Liabilities and Equity $1.7B -- -- -- $1.8B
Cash and Short Terms $89.3M -- -- -- $78.7M
Total Debt $390.9M -- -- -- $366.3M
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Net Income to Stockholders $16.6M -$64.6M -$36.4M $12.6M $76.3M
Depreciation & Amoritzation $120.7M $122.1M $115.8M $142.2M $142.8M
Stock-Based Compensation $7.8M $9.8M $9.3M $6.8M $6M
Change in Accounts Receivable -$79.1M $47.8M -$31M -$8.8M $9.4M
Change in Inventories -$11.9M -$3.2M -$16.8M $12M -$633K
Cash From Operations $134.5M $127.7M $92.6M $177M $229.3M
 
Capital Expenditures $82.6M $107.1M $122.4M $68.2M $105.1M
Cash Acquisitions -$13.2M -$51.9M -- -- --
Cash From Investing -$96.4M -$164.5M -$146.7M -$83.5M -$111.1M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $81.4M $651.3M $142.7M $105.8M $87.5M
Long-Term Debt Repaid -$113.9M -$460.3M -$201M -$194.6M -$161.6M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$3.8M -$23.4M -$14.4M -$15.8M -$3.9M
Cash From Financing -$36.2M $167.5M -$72.8M -$104.5M -$78.1M
 
Beginning Cash (CF) $73.2M $75M $205.8M $78.9M $67.8M
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $1.8M $130.8M -$126.9M -$11M $40.1M
Ending Cash (CF) $75M $205.8M $78.9M $67.8M $108M
 
Levered Free Cash Flow $51.8M $20.7M -$29.8M $108.8M $124.2M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders $11.5M -- -- $10M $10.4M
Depreciation & Amoritzation $30.2M -- -- $33.6M $36M
Stock-Based Compensation $1.6M -- -- $1.3M $1.9M
Change in Accounts Receivable $28.8M -- -- -$28.5M -$45.9M
Change in Inventories -$1.6M -- -- $1.8M -$5.6M
Cash From Operations $46.5M -- -- $69.6M $20.5M
 
Capital Expenditures $11.2M -- -- $38.4M $30.1M
Cash Acquisitions -$538K -- -- -- --
Cash From Investing -$13.1M -- -- -$41.4M -$31.5M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $19.2M -- -- $9.8M $26.8M
Long-Term Debt Repaid -$33.2M -- -- -$41.9M -$44.5M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$5M -- -- -$1.2M -$601K
Cash From Financing -$19.1M -- -- -$33.3M -$18.3M
 
Beginning Cash (CF) $75M -- -- $67.8M $108M
Foreign Exchange Rate Adjustment $34K -- -- -- --
Additions / Reductions $14.2M -- -- -$5.1M -$29.3M
Ending Cash (CF) $89.3M -- -- $62.8M $78.7M
 
Levered Free Cash Flow $35.2M -- -- $31.2M -$9.6M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders $16.1M -- -- -- $76.7M
Depreciation & Amoritzation $121.7M -- -- -- $145.2M
Stock-Based Compensation $7.8M -- -- $1.3M $6.5M
Change in Accounts Receivable -$13.7M -- -- -- -$7.9M
Change in Inventories -$7.9M -- -- -- -$8M
Cash From Operations $171M -- -- -- $180.2M
 
Capital Expenditures $70.3M -- -- $38.4M $96.8M
Cash Acquisitions -$13.8M -- -- -- --
Cash From Investing -$85.6M -- -- -- -$101.3M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid
Long-Term Debt Issued $100.6M -- -- -- $104.6M
Long-Term Debt Repaid -$138.5M -- -- -- -$164.2M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$7.3M -- -- -- -$3.3M
Cash From Financing -$45.2M -- -- -- -$63M
 
Beginning Cash (CF) -- -- -- -- --
Foreign Exchange Rate Adjustment -- -- -- -- --
Additions / Reductions $40.2M -- -- -- $15.9M
Ending Cash (CF) -- -- -- -- --
 
Levered Free Cash Flow $100.7M -- -- $16.6M $83.4M
Period Ending 2021-03-31 2022-03-31 2023-03-31 2024-03-31 2025-03-31
Net Income to Stockholders $11.5M -- -- $10M $10.4M
Depreciation & Amoritzation $30.2M -- -- $33.6M $36M
Stock-Based Compensation $1.6M -- -- $1.3M $1.9M
Change in Accounts Receivable $28.8M -- -- -$28.5M -$45.9M
Change in Inventories -$1.6M -- -- $1.8M -$5.6M
Cash From Operations $46.5M -- -- $69.6M $20.5M
 
Capital Expenditures $11.2M -- -- $38.4M $30.1M
Cash Acquisitions -$538K -- -- -- --
Cash From Investing -$13.1M -- -- -$41.4M -$31.5M
 
Dividends Paid (Ex Special Dividend) -- -- -- -- --
Special Dividend Paid -- -- -- -- --
Long-Term Debt Issued $19.2M -- -- $9.8M $26.8M
Long-Term Debt Repaid -$33.2M -- -- -$41.9M -$44.5M
Repurchase of Common Stock -- -- -- -- --
Other Financing Activities -$5M -- -- -$1.2M -$601K
Cash From Financing -$19.1M -- -- -$33.3M -$18.3M
 
Beginning Cash (CF) $75M -- -- $67.8M $108M
Foreign Exchange Rate Adjustment $34K -- -- -- --
Additions / Reductions $14.2M -- -- -$5.1M -$29.3M
Ending Cash (CF) $89.3M -- -- $62.8M $78.7M
 
Levered Free Cash Flow $35.2M -- -- $31.2M -$9.6M

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