National Energy Services Reunited (NESR) FCF Margin (2017 - 2026)

National Energy Services Reunited (NESR) reported FCF Margin of 1.3% for Q1 2026, up 188.0% on a YoY basis from 0.45% in Q1 2025, and up 95.09% quarter-over-quarter from 26.49% in Q4 2025.

National Energy Services Reunited (NESR) FCF Margin (2017 - 2026) Analysis & Trends

National Energy Services Reunited has reported FCF Margin for 9 years, with the latest figure at 1.3% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin rose 188.0% year-over-year to 1.3%; the trailing twelve-month figure through Mar 2026 stood at 8.78% (up 828.0% YoY), and the FY2025 full-year result was 9.12%, down 42.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 1.3%, up from 26.49% in the prior quarter.
  • The five-year high for FCF Margin was 57.57% in Q2 2025, with the low at 40.41% in Q4 2024.
  • Historically, FCF Margin has averaged 7.78% across 4 years, with a median of 16.06% in 2025.
  • The largest YoY upside for FCF Margin was 4005 bps in 2025 against a maximum downside of 3957 bps in 2025.
  • National Energy Services Reunited's FCF Margin stood at 31.7% in 2023, then fell by 27 bps to 40.41% in 2024, then soared by 34 bps to 26.49% in 2025, then soared by 95 bps to 1.3% in 2026.
  • The last three FCF Margin figures came in at 1.3% (Q1 2026), 26.49% (Q4 2025), and 16.06% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 1.65%
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 2.49%
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 1.50%
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 11.11%
5 Enerflex 8.62 Bn 8.57 Bn - -
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn -4.43%
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 7.12%
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 19.36%
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 16.10%
10 National Energy Services Reunited 2.41 Bn 2.31 Bn 51.83 Mn -1.30%

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.30%
Dec 31, 2025 -26.49%
Sep 30, 2025 16.06%
Jun 30, 2025 57.57%
Mar 31, 2025 -3.18%
Dec 31, 2024 -40.41%
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 27.17%
Dec 31, 2020 65.59%
Sep 30, 2020 26.66%
Jun 30, 2020 34.33%
Mar 31, 2020 16.80%
Dec 31, 2019 84.90%