Nabors Industries (NBR) Capital Expenditures (2009 - 2026)
Nabors Industries (NBR) recorded Capital Expenditures of $125.61 million in Q2 2026, down 29.8% from $178.91 million a year earlier and down 23.9% from the prior quarter.
Nabors Industries (NBR) Capital Expenditures (2009 - 2026) Analysis & Trends
On a TTM basis, Nabors Industries' Capital Expenditures came in at $662.65 million as of Jun 30, 2026, down 2.5% year-over-year; for FY2025, it was $715.95 million, up 26.1% from FY2024.
- Annual Capital Expenditures has increased for five straight years, with a five-year compound annual growth rate of 29.6% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $567.92 million in FY2024 (+5.0%), $540.85 million in FY2023 (+44.8%), $373.45 million in FY2022 (+59.6%) and $234.04 million in FY2021 (+19.7%).
- The Q2 2026 figure is the lowest quarterly Capital Expenditures since Q1 2024.
- On a year-over-year basis, Capital Expenditures rose in four of the last eight quarters, with growth averaging 19.4%.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 106.3% in Q1 2022, against a decline of 29.8% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $164.95 million (Q1 2026), $162.06 million (Q4 2025) and $210.02 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.69 Bn | 71.14 Bn | 1.57 Bn | 485.00 Mn |
| 2 | Baker Hughes | 48.29 Bn | 10.02 Bn | 1.96 Bn | 271.00 Mn |
| 3 | Halliburton | 26.55 Bn | 18.45 Bn | 840.00 Mn | 266.00 Mn |
| 4 | TechnipFMC | 25.06 Bn | 21.03 Bn | 728.70 Mn | 61.00 Mn |
| 5 | Noble | 6.56 Bn | 4.63 Bn | 228.22 Mn | 191.98 Mn |
| 6 | Nov | 6.32 Bn | 1.21 Bn | 439.00 Mn | 88.00 Mn |
| 7 | Weatherford International | 6.16 Bn | 1.90 Bn | 374.00 Mn | 45.00 Mn |
| 8 | Transocean | 5.81 Bn | 3.85 Bn | 348.00 Mn | 43.00 Mn |
| 9 | Valaris | 5.47 Bn | 3.23 Bn | 176.30 Mn | 121.60 Mn |
| 10 | Nabors Industries | 1.11 Bn | -1.31 Bn | 339.76 Mn | 170.24 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 170.24 Mn |
| Jun 30, 2026 | 125.61 Mn |
| Mar 31, 2026 | 164.95 Mn |
| Dec 31, 2025 | 162.06 Mn |
| Sep 30, 2025 | 210.02 Mn |
| Jun 30, 2025 | 178.91 Mn |
| Mar 31, 2025 | 164.95 Mn |
| Dec 31, 2024 | 208.05 Mn |
| Sep 30, 2024 | 127.88 Mn |
| Jun 30, 2024 | 127.37 Mn |
| Mar 31, 2024 | 104.63 Mn |
| Dec 31, 2023 | 134.16 Mn |
| Sep 30, 2023 | 143.21 Mn |
| Jun 30, 2023 | 144.75 Mn |
| Mar 31, 2023 | 118.73 Mn |
| Dec 31, 2022 | 101.37 Mn |
| Sep 30, 2022 | 111.19 Mn |
| Jun 30, 2022 | 76.63 Mn |
| Mar 31, 2022 | 84.26 Mn |
| Dec 31, 2021 | 54.14 Mn |
Nabors Industries Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=NBR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "NBR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=NBR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();