Nabors Industries (NBR) Interest Coverage Ratio (2009 - 2026)
Nabors Industries (NBR) posted quarterly Interest Coverage Ratio of 11.54 for Q2 2026, down 38.33% year-over-year from 18.72 in Q2 2025, and down 6.95% on a QoQ basis from 10.79 in Q1 2026.
Nabors Industries (NBR) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Nabors Industries has reported Interest Coverage Ratio for 18 years, with the latest figure at 11.54 in Q2 2026.
- Interest Coverage Ratio for Q2 2026 came in at 11.54, down 38.33% year-over-year; the trailing twelve-month figure through Jun 2026 was 7.83 (up 92.62% YoY), and the FY2025 annual result was 6.39, down 1279.06% from the prior year.
- Interest Coverage Ratio eased to 11.54 in Q2 2026, from 10.79 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 3.96 in Q4 2022 and troughed at 11.54 in Q2 2026.
- A 5-year average of 6.83 and a median of 8.52 in 2024 frame the typical range for Interest Coverage Ratio.
- The widest annual swing landed in 2022, when Interest Coverage Ratio jumped 140.26%; it then slumped 402.0% in 2025.
- A 5-year view of Interest Coverage Ratio shows it stood at 3.96 in 2022, then declined by 19.23% to 3.2 in 2023, then decreased by 5.48% to 3.02 in 2024, then slumped by 402.0% to 9.12 in 2025, then decreased by 26.51% to 11.54 in 2026.
- Per Business Quant data, the three most recent Interest Coverage Ratio figures were 11.54 in Q2 2026, 10.79 in Q1 2026, and 9.12 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | 0.84 |
| 2 | Transocean | 6.70 Bn | 5.90 Bn | 358.00 Mn | -7.60 |
| 3 | Patterson Uti Energy | 4.66 Bn | 4.45 Bn | 597.25 Mn | -0.34 |
| 4 | Helmerich & Payne | 4.35 Bn | 4.12 Bn | 349.94 Mn | 7.70 |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | 4.50 |
| 6 | Borr Drilling | 1.39 Bn | 1.16 Bn | - | 0.00 |
| 7 | Nabors Industries | 1.30 Bn | 794.08 Mn | 309.38 Mn | -11.54 |
| 8 | Precision Drilling | 1.16 Bn | 1.12 Bn | 89.29 Mn | 7.89 |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | - |
| 10 | Sable Offshore | 786.53 Mn | 764.94 Mn | - | -1.55 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -11.54 |
| Mar 31, 2026 | -10.86 |
| Dec 31, 2025 | 2.91 |
| Sep 30, 2025 | -1.32 |
| Jun 30, 2025 | -8.45 |
| Mar 31, 2025 | -6.90 |
| Dec 31, 2024 | -9.13 |
| Sep 30, 2024 | -8.42 |
| Jun 30, 2024 | -8.66 |
| Mar 31, 2024 | -8.54 |
| Dec 31, 2023 | -8.02 |
| Sep 30, 2023 | -10.64 |
| Jun 30, 2023 | -9.20 |
| Mar 31, 2023 | -8.38 |
| Dec 31, 2022 | -8.72 |
| Sep 30, 2022 | -9.68 |
| Jun 30, 2022 | -10.84 |
| Mar 31, 2022 | -11.38 |
| Dec 31, 2021 | -9.86 |
| Sep 30, 2021 | -10.65 |