National Energy Services Reunited (NESR) Interest Coverage Ratio (2017 - 2026)
National Energy Services Reunited's Interest Coverage Ratio came in at 9.21 for Q2 2026, up 191.2% from 3.16 a year earlier and up 67.3% from the prior quarter.
National Energy Services Reunited (NESR) Interest Coverage Ratio (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, National Energy Services Reunited reported Interest Coverage Ratio of 5.17, up 49.2% year-over-year; for FY2025, it came in at 3.02, down 12.4% from FY2024.
- Going back by year, Interest Coverage Ratio was 3.45 in FY2024 (+96.1%), 1.76 in FY2023, -0.03 in FY2022 and -2.86 in FY2021.
- The Q2 2026 figure represents the highest quarterly Interest Coverage Ratio since Q4 2019.
- Year-over-year, Interest Coverage Ratio increased in five of the last eight quarters, with growth averaging 50.8%.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q2 2026 (growth of 191.2%), and the weakest in Q3 2021 (a decline of 56.5%).
- Business Quant data shows NESR's Interest Coverage Ratio at 5.51 (Q1 2026), 4.07 (Q4 2025) and 2.41 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 73.67 Bn | 71.28 Bn | 1.57 Bn | 8.56 |
| 2 | Baker Hughes | 47.44 Bn | 9.59 Bn | 1.96 Bn | 8.47 |
| 3 | Halliburton | 26.34 Bn | 18.29 Bn | 840.00 Mn | - |
| 4 | TechnipFMC | 25.18 Bn | 21.15 Bn | 728.70 Mn | 42.47 |
| 5 | Noble | 6.56 Bn | 4.64 Bn | 228.22 Mn | 1.72 |
| 6 | Nov | 6.31 Bn | 1.25 Bn | 439.00 Mn | - |
| 7 | Weatherford International | 6.11 Bn | 1.89 Bn | 374.00 Mn | - |
| 8 | Transocean | 5.79 Bn | 3.83 Bn | 348.00 Mn | 1.07 |
| 9 | Valaris | 5.48 Bn | 3.23 Bn | 176.30 Mn | - |
| 10 | National Energy Services Reunited | 2.08 Bn | 1.58 Bn | 68.95 Mn | 7.83 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.83 |
| Jun 30, 2026 | 9.21 |
| Mar 31, 2026 | 5.51 |
| Dec 31, 2025 | 4.07 |
| 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 | -5.89 |
| Sep 30, 2020 | 5.01 |
National Energy Services Reunited Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=NESR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "NESR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=NESR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();