National Energy Services Reunited (NESR) Change in Taxes (2017 - 2024)
National Energy Services Reunited (NESR) posted Change in Taxes of $3.3 billion for Q4 2024, down 37.33% on a QoQ basis from $5.3 billion in Q3 2024, and down 46.75% year-over-year from $6.2 billion in Q1 2024.
National Energy Services Reunited (NESR) Change in Taxes (2017 - 2024) Analysis & Trends
National Energy Services Reunited's Change in Taxes history runs 7 years deep, the most recent figure standing at $3.3 billion for Q4 2024.
- Quarterly Change in Taxes fell 46.75% year-over-year to $3.3 billion in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $16.0 billion (up 40.1% YoY) and the FY2024 annual result came in at $3.3 billion, down 80.79% from the prior year.
- Change in Taxes was $3.3 billion for Q4 2024 at National Energy Services Reunited, down from $5.3 billion in the prior quarter.
- Across five years, Change in Taxes topped out at $6.2 billion in Q4 2023 and bottomed at $5.8 million in Q1 2020.
- A 4-year average of $2.8 billion and a median of $2.6 billion in 2020 frame the typical range for Change in Taxes.
- Annual changes were most pronounced in 2020 — Change in Taxes soared 58752.95% — and 2021, when it slumped 66.28%.
- National Energy Services Reunited's Change in Taxes stood at $1.8 billion in 2020, then plunged by 31.9% to $1.2 billion in 2021, then surged by 418.05% to $6.2 billion in 2023, then slumped by 46.75% to $3.3 billion in 2024.
- Business Quant data shows NESR's Change in Taxes at $3.3 billion in Q4 2024, $5.3 billion in Q3 2024, and $6.2 billion in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | -102.00 Mn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | - |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | -15.80 Mn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | - |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | -22.00 Mn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | - |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | - |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | - |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | - |
| 10 | National Energy Services Reunited | 2.78 Bn | 2.69 Bn | 51.83 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 3.32 Bn |
| Dec 31, 2024 | 3.32 Bn |
| Sep 30, 2024 | 5.29 Bn |
| Sep 30, 2024 | 5.29 Bn |
| Dec 31, 2023 | 6.23 Bn |
| Dec 31, 2023 | 6.23 Bn |
| Sep 30, 2021 | 1.20 Bn |
| Sep 30, 2021 | 1.20 Bn |
| Jun 30, 2021 | 2.41 Bn |
| Jun 30, 2021 | 2.41 Bn |
| Mar 31, 2021 | 1.61 Bn |
| Mar 31, 2021 | 1.61 Bn |
| Dec 31, 2020 | 1.77 Bn |
| Dec 31, 2020 | 1.77 Bn |
| Sep 30, 2020 | 3.57 Bn |
| Sep 30, 2020 | 3.57 Bn |
| Jun 30, 2020 | 2.85 Bn |
| Jun 30, 2020 | 2.85 Bn |
| Mar 31, 2020 | 5.80 Mn |
| Mar 31, 2020 | 5.80 Mn |