National Energy Services Reunited (NESR) Change in Taxes (2017 - 2025)
National Energy Services Reunited's (NESR) quarterly Change in Taxes came in at $3.3 million in Q3 2021, down 51.33% YoY from $6.8 million in Q3 2020, and down 52.18% on a QoQ basis from $7.0 million in Q2 2021.
National Energy Services Reunited (NESR) Change in Taxes (2017 - 2025) Analysis & Trends
National Energy Services Reunited (NESR) has 5 years of Change in Taxes data on file, last reported at $3.3 million in Q3 2021.
- Quarterly Change in Taxes fell 51.33% year-over-year to $3.3 million in Q3 2021, while the trailing twelve-month figure through Sep 2021 was $27.1 million (up 73.08% YoY) and the FY2020 annual result came in at $15.6 million, down 18.5% from the prior year.
- Change in Taxes eased to $3.3 million in Q3 2021, from $7.0 million in the prior quarter.
- In the past five years, Change in Taxes ranged from a high of $15.6 million in Q4 2020 to a low of -$124000.0 in Q3 2017.
- A 5-year average of $4.5 million and a median of $3.3 million in 2021 frame the typical range for Change in Taxes.
- Annual changes were most pronounced in 2019 — Change in Taxes soared 6003.51% — and 2021, when it sank 80.41%.
- Tracing NESR's Change in Taxes over 5 years: stood at $2.9 million in 2017, then slumped by 98.05% to $57000.0 in 2018, then jumped by 5161.4% to $3.0 million in 2019, then soared by 421.54% to $15.6 million in 2020, then tumbled by 78.71% to $3.3 million in 2021.
- The last three Change in Taxes figures came in at $3.3 million (Q3 2021), $7.0 million (Q2 2021), and $1.1 million (Q1 2021), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | -137.00 Mn |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | - |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | - |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | 64.30 Mn |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | - |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 7.00 Mn |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | - |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | - |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | - |
| 10 | National Energy Services Reunited | 3.34 Bn | 3.16 Bn | 81.29 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -62.12 Mn |
| Sep 30, 2025 | -62.12 Mn |
| Jun 30, 2025 | 53.11 Mn |
| Jun 30, 2025 | 53.11 Mn |
| Mar 31, 2025 | 78.70 Mn |
| Mar 31, 2025 | 78.70 Mn |
| Dec 31, 2024 | -10.21 Mn |
| Dec 31, 2024 | -10.21 Mn |
| Sep 30, 2024 | 43.17 Mn |
| Sep 30, 2024 | 43.17 Mn |
| Jun 30, 2024 | 12.24 Mn |
| Jun 30, 2024 | 12.24 Mn |
| Mar 31, 2024 | 62.76 Mn |
| Mar 31, 2024 | 62.76 Mn |
| Dec 31, 2023 | 5.52 Mn |
| Dec 31, 2023 | 5.52 Mn |
| Sep 30, 2023 | 7.19 Mn |
| Sep 30, 2023 | 7.19 Mn |
| Dec 31, 2021 | 194.34 Mn |
| Dec 31, 2021 | 194.34 Mn |