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
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 5.80 Mn
Mar 31, 2020 5.80 Mn