National Energy Services Reunited (NESR) Debt to Equity (2017 - 2026)

National Energy Services Reunited (NESR) reported Debt to Equity of $0.11 for Q1 2026, down 99.97% on a YoY basis from $332.41 in Q1 2025, and down 55.71% quarter-over-quarter from $0.25 in Q4 2025.

National Energy Services Reunited (NESR) Debt to Equity (2017 - 2026) Analysis & Trends

National Energy Services Reunited has reported Debt to Equity for 10 years, with the latest figure at $0.11 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity fell 99.97% year-over-year to $0.11; the trailing twelve-month figure through Mar 2026 stood at $0.11 (down 99.97% YoY), and the FY2025 full-year result was $0.25, down 28.67% from the prior year.
  • Debt to Equity for Q1 2026 stood at $0.11, down from $0.25 in the prior quarter.
  • The five-year high for Debt to Equity was $554.89 in Q4 2022, with the low at $0.11 in Q1 2026.
  • Historically, Debt to Equity has averaged $148.09 across 5 years, with a median of $0.42 in 2023.
  • Annual changes were most pronounced in 2022 — Debt to Equity soared 88403.41% — and 2026, when it tumbled 99.97%.
  • National Energy Services Reunited's Debt to Equity stood at $554.89 in 2022, then slumped by 99.91% to $0.49 in 2023, then decreased by 27.53% to $0.36 in 2024, then declined by 28.67% to $0.25 in 2025, then tumbled by 55.71% to $0.11 in 2026.
  • The last three Debt to Equity figures came in at $0.11 (Q1 2026), $0.25 (Q4 2025), and $332.41 (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 0.37
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 0.83
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 0.01
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 0.13
5 Enerflex 8.62 Bn 8.57 Bn - 0.53
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 0.27
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 0.84
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 1.57
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 2.37
10 National Energy Services Reunited 2.41 Bn 2.31 Bn 51.83 Mn 0.11

Historic Data

Download Data
DateValue
Mar 31, 2026 0.11
Dec 31, 2025 0.25
Mar 31, 2025 332.41
Dec 31, 2024 0.36
Dec 31, 2023 0.49
Dec 31, 2022 554.89
Dec 31, 2021 0.63
Sep 30, 2021 55.02
Jun 30, 2021 0.00
Mar 31, 2021 0.00
Dec 31, 2020 0.41
Sep 30, 2020 0.00
Jun 30, 2020 0.00
Mar 31, 2020 0.00
Dec 31, 2019 0.44
Sep 30, 2019 0.00
Jun 30, 2019 0.42
Mar 31, 2019 0.00
Dec 31, 2018 0.33
Mar 31, 2018 0.00