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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |