Nabors Industries (NBR) Operating Margin (2009 - 2026)
Nabors Industries (NBR) posted quarterly Operating Margin of 60.31% for Q2 2026, down 452.0% year-over-year from 17.13% in Q2 2025, and little changed on a QoQ basis from 60.06% in Q1 2026.
Nabors Industries (NBR) Operating Margin (2009 - 2026) Analysis & Trends
Nabors Industries has reported Operating Margin for 18 years, with the latest figure at 60.31% in Q2 2026.
- Operating Margin for Q2 2026 came in at 60.31%, down 452.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 46.34% (up 1074.0% YoY), and the FY2025 annual result was 42.86%, up 1687.0% from the prior year.
- Operating Margin steadied at 60.31% in Q2 2026, from 60.06% in the prior quarter.
- Over five years, Operating Margin peaked at 8.7% in Q3 2025 and troughed at 93.85% in Q1 2022.
- A 5-year average of 57.87% and a median of 59.49% in 2024 frame the typical range for Operating Margin.
- The widest annual swing landed in 2024, when Operating Margin sank 987 bps; it then soared 5247 bps in 2025.
- A 5-year view of Operating Margin shows it stood at 63.58% in 2022, then gained by 14 bps to 54.44% in 2023, then decreased by 12 bps to 61.06% in 2024, then gained by 6 bps to 57.37% in 2025, then dropped by 5 bps to 60.31% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 60.31% in Q2 2026, 60.06% in Q1 2026, and 57.37% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | 4.23% |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 15.73% |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | -0.57% |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 18.19% |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 16.04% |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | 0.13% |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | -60.31% |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 21.43% |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | 9.48% |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | -48.78% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -60.31% |
| Mar 31, 2026 | -60.65% |
| Dec 31, 2025 | -53.55% |
| Sep 30, 2025 | -8.70% |
| Jun 30, 2025 | -56.93% |
| Mar 31, 2025 | -50.50% |
| Dec 31, 2024 | -69.97% |
| Sep 30, 2024 | -63.70% |
| Jun 30, 2024 | -60.68% |
| Mar 31, 2024 | -57.81% |
| Dec 31, 2023 | -57.00% |
| Sep 30, 2023 | -62.96% |
| Jun 30, 2023 | -55.35% |
| Mar 31, 2023 | -47.94% |
| Dec 31, 2022 | -63.58% |
| Sep 30, 2022 | -60.72% |
| Jun 30, 2022 | -73.73% |
| Mar 31, 2022 | -93.85% |
| Dec 31, 2021 | -81.10% |
| Sep 30, 2021 | -85.79% |