Nabors Industries (NBR) Interest Coverage Ratio (2009 - 2026)
Nabors Industries' Interest Coverage Ratio came in at 1.35 for Q2 2026, down 1.7% from 1.37 a year earlier and down 9.1% from the prior quarter.
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Analysis
Nabors Industries (NBR) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Nabors Industries reported Interest Coverage Ratio of 0.66, down 47.0% year-over-year; for FY2025, it came in at 3.50, up 309.9% from FY2024.
- Going back by year, Interest Coverage Ratio was 0.85 in FY2024 (-49.7%), 1.70 in FY2023, -0.38 in FY2022 and -1.85 in FY2021.
- The five-year range for quarterly Interest Coverage Ratio is -2.43 (Q1 2022) to 2.86 (Q1 2023).
- Year-over-year, Interest Coverage Ratio increased in four of the last seven quarters, with growth averaging 24.9%.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q4 2023 (growth of 428.2%), and the weakest in Q1 2024 (a decline of 60.2%).
- Business Quant data shows NBR's Interest Coverage Ratio at 1.48 (Q1 2026), 1.48 (Q4 2025) and -1.32 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.69 Bn | 71.14 Bn | 1.57 Bn | 8.56 |
| 2 | Baker Hughes | 48.29 Bn | 10.02 Bn | 1.96 Bn | - |
| 3 | Halliburton | 26.55 Bn | 18.45 Bn | 840.00 Mn | - |
| 4 | TechnipFMC | 25.06 Bn | 21.03 Bn | 728.70 Mn | 42.56 |
| 5 | Noble | 6.56 Bn | 4.63 Bn | 228.22 Mn | 1.72 |
| 6 | Nov | 6.32 Bn | 1.21 Bn | 439.00 Mn | 6.76 |
| 7 | Weatherford International | 6.16 Bn | 1.90 Bn | 374.00 Mn | - |
| 8 | Transocean | 5.81 Bn | 3.85 Bn | 348.00 Mn | 1.07 |
| 9 | Valaris | 5.47 Bn | 3.23 Bn | 176.30 Mn | - |
| 10 | Nabors Industries | 1.11 Bn | -1.31 Bn | 339.76 Mn | 1.87 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.87 |
| Jun 30, 2026 | 1.35 |
| Mar 31, 2026 | 1.48 |
| Dec 31, 2025 | 1.48 |
| Sep 30, 2025 | -1.32 |
| Jun 30, 2025 | 1.37 |
| Mar 31, 2025 | 2.33 |
| Dec 31, 2024 | 0.67 |
| Sep 30, 2024 | 0.59 |
| Jun 30, 2024 | 1.05 |
| Mar 31, 2024 | 1.14 |
| Dec 31, 2023 | 1.46 |
| Sep 30, 2023 | 0.53 |
| Jun 30, 2023 | 1.92 |
| Mar 31, 2023 | 2.86 |
| Dec 31, 2022 | 0.28 |
| Sep 30, 2022 | 1.18 |
| Jun 30, 2022 | -0.41 |
| Mar 31, 2022 | -2.43 |
| Dec 31, 2021 | -1.04 |
API Access
Nabors Industries Interest Coverage Ratio 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=interest-coverage-ratio&ticker=NBR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=NBR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();