Nabors Industries (NBRWF) Gross Margin (2009 - 2026)
Nabors Industries (NBRWF) recorded quarterly Gross Margin of 37.02% in Q1 2026, down 1.13% quarter-over-quarter from 37.44% in Q4 2025, and down 222.0% on a YoY basis from 30.35% in Q1 2025.
Nabors Industries (NBRWF) Gross Margin (2009 - 2026) Analysis & Trends
Nabors Industries' Gross Margin history runs 18 years deep, the most recent figure standing at 37.02% for Q1 2026.
- In Q1 2026, Gross Margin fell 222.0% year-over-year to 37.02%; the TTM figure through Mar 2026 stood at 38.96% (down 221.0% YoY), while the FY2025 annual figure was 39.89%, down 142.0% from the prior year.
- Gross Margin was 37.02% for Q1 2026 at Nabors Industries, down from 37.44% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 43.61% in Q4 2024 to a low of 34.46% in Q1 2022.
- Historically, Gross Margin has averaged 39.46% across 5 years, with a median of 39.86% in 2022.
- The sharpest annual moves came in 2023 and 2025: Gross Margin soared 620 bps in 2023, then tumbled 616 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 39.86% in 2022, then slipped by 3 bps to 38.8% in 2023, then increased by 12 bps to 43.61% in 2024, then dropped by 14 bps to 37.44% in 2025, then retreated by 1 bps to 37.02% in 2026.
- The last three Gross Margin figures came in at 37.02% (Q1 2026), 37.44% (Q4 2025), and 39.89% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 153.75 Bn | 153.69 Bn | 120.82 Mn | 31.50% |
| 2 | Noble | 7.23 Bn | 6.56 Bn | 755.58 Mn | 96.17% |
| 3 | Transocean | 6.52 Bn | 5.90 Bn | 475.00 Mn | 43.94% |
| 4 | Patterson Uti Energy | 4.41 Bn | 4.07 Bn | 535.85 Mn | 47.96% |
| 5 | Helmerich & Payne | 3.80 Bn | 3.70 Bn | 907.56 Mn | 97.34% |
| 6 | Seadrill | 2.73 Bn | 2.40 Bn | 177.00 Mn | 49.44% |
| 7 | Sable Offshore | 1.70 Bn | 1.65 Bn | -66.76 Mn | -5,252.71% |
| 8 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | - |
| 9 | Nabors Industries | 1.38 Bn | 1.26 Bn | 290.08 Mn | 37.02% |
| 10 | Nabors Industries | - | - | 290.08 Mn | 37.02% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 37.02% |
| Dec 31, 2025 | 37.44% |
| Sep 30, 2025 | 39.89% |
| Jun 30, 2025 | 41.30% |
| Mar 31, 2025 | 39.24% |
| Dec 31, 2024 | 43.61% |
| Sep 30, 2024 | 41.01% |
| Jun 30, 2024 | 40.75% |
| Mar 31, 2024 | 41.25% |
| Dec 31, 2023 | 38.80% |
| Sep 30, 2023 | 39.83% |
| Jun 30, 2023 | 41.51% |
| Mar 31, 2023 | 40.66% |
| Dec 31, 2022 | 39.86% |
| Sep 30, 2022 | 38.15% |
| Jun 30, 2022 | 36.00% |
| Mar 31, 2022 | 34.46% |
| Dec 31, 2021 | 36.12% |
| Sep 30, 2021 | 35.80% |
| Jun 30, 2021 | 36.14% |