National Energy Services Reunited (NESR) Interest Coverage Ratio (2017 - 2026)
National Energy Services Reunited (NESR) reported Interest Coverage Ratio of 5.51 for Q1 2026, up 117.87% on a YoY basis from 2.53 in Q1 2025, and up 931.89% quarter-over-quarter from 0.53 in Q4 2025.
National Energy Services Reunited (NESR) Interest Coverage Ratio (2017 - 2026) Analysis & Trends
National Energy Services Reunited has reported Interest Coverage Ratio for 9 years, with the latest figure at 5.51 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio rose 117.87% year-over-year to 5.51; the trailing twelve-month figure through Mar 2026 stood at 2.4 (up 137.51% YoY), and the FY2025 full-year result was 3.02, down 12.42% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 5.51, up from 0.53 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 5.51 in Q1 2026, with the low at 4.4 in Q4 2024.
- Historically, Interest Coverage Ratio has averaged 1.43 across 4 years, with a median of 2.34 in 2023.
- Annual changes were most pronounced in 2024 — Interest Coverage Ratio sank 132.03% — and 2025, when it jumped 209.15%.
- National Energy Services Reunited's Interest Coverage Ratio stood at 2.34 in 2023, then tumbled by 87.7% to 4.4 in 2024, then jumped by 112.13% to 0.53 in 2025, then soared by 931.89% to 5.51 in 2026.
- The last three Interest Coverage Ratio figures came in at 5.51 (Q1 2026), 0.53 (Q4 2025), and 2.41 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 38.03 |
| 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 | 21.16 |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 2.14 |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | - |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 5.10 |
| 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 | 5.51 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.51 |
| Dec 31, 2025 | 0.53 |
| Sep 30, 2025 | -2.41 |
| Jun 30, 2025 | -3.16 |
| Mar 31, 2025 | 2.53 |
| Dec 31, 2024 | -4.40 |
| Sep 30, 2024 | -3.57 |
| Jun 30, 2024 | -3.61 |
| Mar 31, 2024 | -2.32 |
| Dec 31, 2023 | -2.34 |
| Sep 30, 2023 | -2.33 |
| Jun 30, 2023 | -1.56 |
| Dec 31, 2021 | 16.11 |
| Sep 30, 2021 | -2.18 |
| Jun 30, 2021 | -4.37 |
| Mar 31, 2021 | -5.05 |
| Dec 31, 2020 | 0.00 |
| Sep 30, 2020 | -5.01 |
| Jun 30, 2020 | 0.00 |
| Mar 31, 2020 | -4.11 |