National Energy Services Reunited (NESR) Beginning Cash Balance (2017 - 2025)
National Energy Services Reunited's Beginning Cash Balance was $107.96 million in Q1 2025, up 59.2% from $67.82 million a year earlier.
National Energy Services Reunited (NESR) Beginning Cash Balance (2017 - 2025) Analysis & Trends
For FY2024, Beginning Cash Balance at National Energy Services Reunited came in at $67.82 million, down 14.0% from FY2023.
- Beginning Cash Balance shows a five-year compound annual growth rate of 22.2% (FY2019 to FY2024).
- In earlier years, Beginning Cash Balance was $78.85 million in FY2023 (-61.7%), $205.77 million in FY2022 (+174.3%), $75.01 million in FY2021 (+2.5%) and $73.2 million in FY2020 (+194.1%).
- The Q1 2025 figure marks the highest quarterly Beginning Cash Balance in data going back to Q2 2017.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn |
| 10 | National Energy Services Reunited | 2.57 Bn | 2.11 Bn | 81.29 Mn |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2025 | 107.96 Mn |
| Mar 31, 2024 | 67.82 Mn |
| Sep 30, 2021 | 66.07 Mn |
| Jun 30, 2021 | 89.27 Mn |
| Mar 31, 2021 | 75.01 Mn |
| Mar 31, 2020 | 73.20 Mn |
| Dec 31, 2019 | 50.49 Mn |
| Mar 31, 2019 | 24.89 Mn |
| Mar 31, 2018 | 24.50 Mn |
| Sep 30, 2017 | 25.53 Mn |
| Jun 30, 2017 | 25.53 Mn |
National Energy Services Reunited Beginning Cash Balance API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=beginning-cash-balance&ticker=NESR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "beginning-cash-balance", "ticker": "NESR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=beginning-cash-balance&ticker=NESR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();