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| 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 | 2.53 Bn |
| Mar 31, 2020 | 2.53 Bn |