National Energy Services Reunited (NESR) FCF Margin (2017 - 2026)
National Energy Services Reunited's (NESR) quarterly FCF Margin came in at 19.19% in Q2 2026, down 181.0% on a YoY basis from 23.69% in Q2 2025, and up 1575.98% quarter-over-quarter from 1.3% in Q1 2026.
Powered by 
Analysis
National Energy Services Reunited (NESR) FCF Margin (2017 - 2026) Analysis & Trends
National Energy Services Reunited (NESR) has reported FCF Margin for 9 consecutive years, with 19.19% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin fell 181.0% year-over-year to 19.19%; the trailing twelve-month figure through Jun 2026 stood at 9.66% (down 779.0% YoY), and the FY2025 full-year result was 9.12%, down 42.0% from the prior year.
- FCF Margin advanced to 19.19% in Q2 2026 per NESR's latest filing, from 1.3% in the prior quarter.
- Across five years, FCF Margin topped out at 56.61% in Q3 2025 and bottomed at 31.7% in Q4 2023.
- Historically, FCF Margin has averaged 14.16% across 4 years, with a median of 19.97% in 2024.
- The sharpest annual moves came in 2024 and 2025: FCF Margin surged 5245 bps in 2024, then sank 4724 bps in 2025.
- Over 4 years, FCF Margin stood at 31.7% in 2023, then soared by 165 bps to 20.75% in 2024, then sank by 228 bps to 26.49% in 2025, then jumped by 172 bps to 19.19% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 19.19%, 1.3%, and 26.49% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 85.35 Bn | 82.46 Bn | 4.63 Bn | 10.03% |
| 2 | Baker Hughes | 63.03 Bn | 47.48 Bn | 1.58 Bn | 15.50% |
| 3 | Halliburton | 30.89 Bn | 28.89 Bn | 2.10 Bn | 10.31% |
| 4 | Weatherford International | 6.88 Bn | 5.75 Bn | 662.00 Mn | 12.04% |
| 5 | Kodiak Gas Services | 6.31 Bn | 6.18 Bn | 246.76 Mn | -25.76% |
| 6 | Tidewater | 4.69 Bn | 4.07 Bn | 161.54 Mn | 15.23% |
| 7 | USA Compression Partners | 3.95 Bn | 3.94 Bn | 217.36 Mn | 37.32% |
| 8 | National Energy Services Reunited | 3.50 Bn | 3.32 Bn | 81.29 Mn | 19.19% |
| 9 | Liberty Energy | 3.36 Bn | 2.80 Bn | 208.34 Mn | -7.64% |
| 10 | Select Water Solutions | 2.55 Bn | 2.61 Bn | 76.84 Mn | 3.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.19% |
| Mar 31, 2026 | -1.30% |
| Dec 31, 2025 | -26.49% |
| Sep 30, 2025 | 56.61% |
| Jun 30, 2025 | 21.00% |
| Mar 31, 2025 | -3.18% |
| Dec 31, 2024 | 20.75% |
| Sep 30, 2024 | 29.19% |
| Jun 30, 2024 | 17.53% |
| Mar 31, 2024 | 36.39% |
| Dec 31, 2023 | -31.70% |
| Sep 30, 2023 | 31.94% |
| Dec 31, 2021 | 32.73% |
| Sep 30, 2021 | 24.59% |
| Jun 30, 2021 | 23.12% |
| Mar 31, 2021 | 27.64% |
| Dec 31, 2020 | 64.75% |
| Sep 30, 2020 | 26.66% |
| Jun 30, 2020 | 34.33% |
| Mar 31, 2020 | 16.80% |