Nabors Industries (NBR) Asset Utilization Ratio (2009 - 2026)
Nabors Industries' quarterly Asset Utilization Ratio came in at 0.7 in Q1 2026, up 12.12% year-on-year from 0.62 in Q1 2025, and up 6.45% quarter-over-quarter from 0.66 in Q4 2025.
Nabors Industries has reported Asset Utilization Ratio for 17 years, with the latest figure at 0.7 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio rose 12.12% year-over-year to 0.7; the trailing twelve-month figure through Mar 2026 stood at 0.7 (up 12.12% YoY), and the FY2025 full-year result was 0.69, up 12.91% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.7, up from 0.66 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.7 in Q1 2026, with the low at 0.41 in Q1 2022.
- Average Asset Utilization Ratio over 5 years is 0.6, with a median of 0.62 recorded in 2023.
- Year-over-year, Asset Utilization Ratio jumped 48.37% in 2022 and fell 4.67% in 2024.
- Tracing NBR's Asset Utilization Ratio over 5 years: stood at 0.56 in 2022, then climbed by 6.99% to 0.6 in 2023, then climbed by 10.13% to 0.66 in 2024, then declined by 0.28% to 0.66 in 2025, then climbed by 6.45% to 0.7 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.7 (Q1 2026), 0.66 (Q4 2025), and 0.64 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 0.69 |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 0.43 |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 0.27 |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | 0.85 |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 0.62 |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 0.41 |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | 0.00 |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 0.70 |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | 0.29 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.70 |
| Dec 31, 2025 | 0.66 |
| Sep 30, 2025 | 0.64 |
| Jun 30, 2025 | 0.61 |
| Mar 31, 2025 | 0.62 |
| Dec 31, 2024 | 0.66 |
| Sep 30, 2024 | 0.64 |
| Jun 30, 2024 | 0.63 |
| Mar 31, 2024 | 0.60 |
| Dec 31, 2023 | 0.60 |
| Sep 30, 2023 | 0.67 |
| Jun 30, 2023 | 0.62 |
| Mar 31, 2023 | 0.57 |
| Dec 31, 2022 | 0.56 |
| Sep 30, 2022 | 0.51 |
| Jun 30, 2022 | 0.47 |
| Mar 31, 2022 | 0.41 |
| Dec 31, 2021 | 0.38 |
| Sep 30, 2021 | 0.38 |
| Jun 30, 2021 | 0.36 |
| Mar 31, 2021 | 0.35 |
| Dec 31, 2020 | 0.38 |
| Sep 30, 2020 | 0.41 |
| Jun 30, 2020 | 0.44 |
| Mar 31, 2020 | 0.45 |
| Dec 31, 2019 | 0.43 |
| Sep 30, 2019 | 0.42 |
| Jun 30, 2019 | 0.41 |
| Mar 31, 2019 | 0.40 |
| Dec 31, 2018 | 0.39 |
| Sep 30, 2018 | 0.37 |
| Jun 30, 2018 | 0.35 |
| Mar 31, 2018 | 0.34 |
| Dec 31, 2017 | 0.31 |
| Sep 30, 2017 | 0.30 |
| Jun 30, 2017 | 0.28 |
| Mar 31, 2017 | 0.27 |
| Dec 31, 2016 | 0.27 |
| Sep 30, 2016 | 0.28 |
| Jun 30, 2016 | 0.31 |
| Mar 31, 2016 | 0.29 |
| Dec 31, 2015 | 0.36 |
| Sep 30, 2015 | 0.44 |
| Jun 30, 2015 | 0.52 |
| Mar 31, 2015 | 0.59 |
| Dec 31, 2014 | 0.56 |
| Sep 30, 2014 | 0.52 |
| Jun 30, 2014 | 0.51 |
| Mar 31, 2014 | 0.50 |
| Dec 31, 2013 | 0.51 |
| Sep 30, 2013 | 0.53 |
| Jun 30, 2013 | 0.54 |
| Mar 31, 2013 | 0.53 |
| Dec 31, 2012 | 0.54 |
| Mar 31, 2012 | 0.49 |
| Dec 31, 2010 | 0.35 |
| Sep 30, 2010 | 0.32 |
| Dec 31, 2009 | 0.36 |
| Sep 30, 2009 | 0.42 |
| Jun 30, 2009 | 0.47 |