National Energy Services Reunited (NESR) Asset Utilization Ratio (2018 - 2026)

National Energy Services Reunited (NESR) reported Asset Utilization Ratio of 0.76 for Q1 2026, down 48.75% on a YoY basis from 1.47 in Q1 2025, and up 51543.66% quarter-over-quarter from 0.0 in Q4 2025.

National Energy Services Reunited (NESR) Asset Utilization Ratio (2018 - 2026) Analysis & Trends

National Energy Services Reunited has reported Asset Utilization Ratio for 7 years, with the latest figure at 0.76 in Q1 2026.

  • For the quarter ending Q1 2026, Asset Utilization Ratio fell 48.75% year-over-year to 0.76; the trailing twelve-month figure through Mar 2026 stood at 0.76 (down 48.75% YoY), and the FY2025 full-year result was 0.73, changed 0.21% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 0.76, up from 0.0 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 1.47 in Q1 2025, with the low at 0.0 in Q3 2025.
  • Historically, Asset Utilization Ratio has averaged 0.62 across 3 years, with a median of 0.73 in 2024.
  • Annual changes were most pronounced in 2025 — Asset Utilization Ratio sank 100.0% — and 2026, when it slumped 48.75%.
  • National Energy Services Reunited's Asset Utilization Ratio stood at 0.73 in 2024, then slumped by 99.8% to 0.0 in 2025, then jumped by 51543.66% to 0.76 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.76 (Q1 2026), 0.0 (Q4 2025), and 0.0 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 0.51
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 0.61
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 0.88
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 1.01
5 Enerflex 8.62 Bn 8.57 Bn - 0.22
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 0.77
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 0.95
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 0.35
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 0.30
10 National Energy Services Reunited 2.41 Bn 2.31 Bn 51.83 Mn 0.76

Historic Data

Download Data
DateValue
Mar 31, 2026 0.76
Dec 31, 2025 0.00
Sep 30, 2025 0.00
Jun 30, 2025 0.00
Mar 31, 2025 1.47
Dec 31, 2024 0.73
Sep 30, 2024 1.40
Dec 31, 2021 0.49
Sep 30, 2021 0.51
Jun 30, 2021 0.52
Mar 31, 2021 0.51
Dec 31, 2020 0.50
Sep 30, 2020 0.48
Jun 30, 2020 0.47
Mar 31, 2020 0.46
Dec 31, 2019 0.44
Sep 30, 2019 0.40
Jun 30, 2019 0.35
Mar 31, 2019 0.45
Mar 31, 2018 1.14