National Energy Services Reunited (NESR) Asset Utilization Ratio (2018 - 2026)
National Energy Services Reunited's (NESR) quarterly Asset Utilization Ratio came in at 0.76 in Q1 2026, up 2.28% YoY from 0.74 in Q1 2025, and up 4.39% on a QoQ basis from 0.72 in Q4 2025.
National Energy Services Reunited (NESR) Asset Utilization Ratio (2018 - 2026) Analysis & Trends
National Energy Services Reunited (NESR) has 7 years of Asset Utilization Ratio data on file, last reported at 0.76 in Q1 2026.
- Quarterly Asset Utilization Ratio rose 2.28% year-over-year to 0.76 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.76 (up 2.28% YoY) and the FY2025 annual result came in at 0.73, changed 0.21% from the prior year.
- Asset Utilization Ratio grew to 0.76 in Q1 2026, from 0.72 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.76 in Q1 2026 to a low of 0.7 in Q3 2025.
- A 3-year average of 0.73 and a median of 0.73 in 2024 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2025 — Asset Utilization Ratio fell 0.9% — and 2026, when it increased 2.28%.
- Tracing NESR's Asset Utilization Ratio over 3 years: stood at 0.73 in 2024, then dropped by 0.62% to 0.72 in 2025, then grew by 4.39% to 0.76 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.76 (Q1 2026), 0.72 (Q4 2025), and 0.7 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 0.51 |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | 0.54 |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | 145,330.70 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 1.02 |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | 0.88 |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 0.77 |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | 0.94 |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | 0.28 |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 0.34 |
| 10 | National Energy Services Reunited | 3.34 Bn | 3.16 Bn | 81.29 Mn | 0.81 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.81 |
| Mar 31, 2026 | 0.76 |
| Dec 31, 2025 | 0.72 |
| Sep 30, 2025 | 0.70 |
| Jun 30, 2025 | 0.73 |
| Mar 31, 2025 | 0.74 |
| Dec 31, 2024 | 0.73 |
| Sep 30, 2024 | 0.70 |
| 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 | 0.42 |
| Jun 30, 2019 | 0.37 |
| Mar 31, 2019 | 0.33 |