National Energy Services Reunited (NESR) Change in Taxes (2016 - 2024)

National Energy Services Reunited (NESR) reported Change in Taxes of $3.3 billion for Q4 2024, down 46.75% on a YoY basis from $6.2 billion in Q1 2024, and down 37.33% quarter-over-quarter from $5.3 billion in Q3 2024.

National Energy Services Reunited (NESR) Change in Taxes (2016 - 2024) Analysis & Trends

National Energy Services Reunited has reported Change in Taxes for 8 years, with the latest figure at $3.3 billion in Q4 2024.

  • For the quarter ending Q4 2024, Change in Taxes fell 46.75% year-over-year to $3.3 billion; the trailing twelve-month figure through Dec 2024 stood at $16.0 billion (up 40.1% YoY), and the FY2024 full-year result was $3.3 billion, down 80.79% from the prior year.
  • Change in Taxes for Q4 2024 stood at $3.3 billion, down from $5.3 billion in the prior quarter.
  • The five-year high for Change in Taxes was $6.2 billion in Q4 2023, with the low at $1.2 billion in Q3 2021.
  • Historically, Change in Taxes has averaged $3.1 billion across 4 years, with a median of $2.7 billion in 2020.
  • Annual changes were most pronounced in 2020 — Change in Taxes advanced 1.54% — and 2021, when it tumbled 66.28%.
  • National Energy Services Reunited's Change in Taxes stood at $1.8 billion in 2020, then slumped by 31.9% to $1.2 billion in 2021, then soared by 418.05% to $6.2 billion in 2023, then plunged by 46.75% to $3.3 billion in 2024.
  • The last three Change in Taxes figures came in at $3.3 billion (Q4 2024), $5.3 billion (Q3 2024), and $6.2 billion (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn -102.00 Mn
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn -
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn -
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn -15.80 Mn
5 Enerflex 8.62 Bn 8.57 Bn - -
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn -22.00 Mn
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn -
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn -
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn -
10 National Energy Services Reunited 2.41 Bn 2.31 Bn 51.83 Mn -

Historic Data

Download Data
DateValue
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 2.53 Bn
Mar 31, 2020 2.53 Bn