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| Date | Value |
|---|---|
| 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 |