Nabors Industries NBR
NYSE NBR
$89.72 -0.82 (-0.91%)
As of: Sep 10, 2026 · 11:30 AM EDT

Nabors Industries (NBR) Dividend Coverage Ratio (2012 - 2024)

Nabors Industries (NBR) posted Dividend Coverage Ratio of 15.1 for Q2 2024, up 85.41% on a QoQ basis from 103.47 in Q1 2024, and down 293.01% year-over-year from 7.82 in Q3 2023.

Analysis

Nabors Industries (NBR) Dividend Coverage Ratio (2012 - 2024) Analysis & Trends

Nabors Industries has reported Dividend Coverage Ratio for 13 years, with the latest figure at 15.1 in Q2 2024.

  • On a quarterly basis, Dividend Coverage Ratio fell 293.01% year-over-year to 15.1 in Q2 2024; TTM through Sep 2025 was 376.1, a 790.77% increase from a year earlier, with the FY2025 full-year figure at 61.87, up 166.8% from the prior year.
  • Dividend Coverage Ratio was 15.1 for Q2 2024 at Nabors Industries, up from 103.47 in the prior quarter.
  • The five-year high for Dividend Coverage Ratio was 314.74 in Q1 2023, with the low at 1275.34 in Q2 2020.
  • Average Dividend Coverage Ratio over 5 years is 123.97, with a median of 33.25 recorded in 2022.
  • The sharpest annual moves came in 2022 and 2023: Dividend Coverage Ratio plunged 6365.88% in 2022, then surged 269.74% in 2023.
  • Over 5 years, Dividend Coverage Ratio stood at 5.46 in 2020, then jumped by 151.62% to 2.82 in 2021, then sank by 1280.24% to 33.25 in 2022, then soared by 123.53% to 7.82 in 2023, then slumped by 293.01% to 15.1 in 2024.
  • The last three Dividend Coverage Ratio figures came in at 15.1 (Q2 2024), 103.47 (Q1 2024), and 7.82 (Q2 2023), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Div. Cover (Qtr)
1 Patterson Uti Energy 4.88 Bn 4.68 Bn 597.25 Mn -0.51
2 Helmerich & Payne 4.40 Bn 4.17 Bn 349.94 Mn 3.07
3 Nabors Industries 1.28 Bn 770.74 Mn 309.38 Mn -
4 Precision Drilling 1.19 Bn 1.14 Bn 89.29 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2024 -15.10
Mar 31, 2024 -103.47
Jun 30, 2023 7.82
Mar 31, 2023 314.74
Jun 30, 2022 -33.25
Mar 31, 2022 -185.42
Sep 30, 2021 2.82
Jun 30, 2021 -109.50
Mar 31, 2021 -2.87
Dec 31, 2020 -5.46
Sep 30, 2020 -156.73
Jun 30, 2020 -1,275.34
Mar 31, 2020 -49.83
Dec 31, 2019 7.20
Sep 30, 2019 -33.97
Jun 30, 2019 -57.20
Mar 31, 2019 -4.74
Dec 31, 2018 -2.28
Jun 30, 2018 14.08
Mar 31, 2018 -7.57