National Energy Services Reunited (NESR) Interest Coverage Ratio (2017 - 2026)
National Energy Services Reunited's (NESR) quarterly Interest Coverage Ratio came in at 9.21 in Q2 2026, up 191.17% on a YoY basis from 3.16 in Q2 2025, and up 67.28% quarter-over-quarter from 5.51 in Q1 2026.
Analysis
National Energy Services Reunited (NESR) Interest Coverage Ratio (2017 - 2026) Analysis & Trends
National Energy Services Reunited (NESR) has reported Interest Coverage Ratio for 9 consecutive years, with 9.21 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio rose 191.17% year-over-year to 9.21; the trailing twelve-month figure through Jun 2026 stood at 2.4 (up 105.66% YoY), and the FY2025 full-year result was 3.02, down 12.42% from the prior year.
- Interest Coverage Ratio climbed to 9.21 in Q2 2026 per NESR's latest filing, from 5.51 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 9.21 in Q2 2026 and bottomed at 4.4 in Q4 2024.
- Historically, Interest Coverage Ratio has averaged 0.12 across 4 years, with a median of 2.32 in 2024.
- The sharpest annual moves came in 2024 and 2025: Interest Coverage Ratio slumped 132.03% in 2024, then surged 209.15% in 2025.
- Over 4 years, Interest Coverage Ratio stood at 2.34 in 2023, then sank by 87.7% to 4.4 in 2024, then soared by 112.13% to 0.53 in 2025, then surged by 1626.18% to 9.21 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 9.21, 5.51, and 0.53 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.81 Bn | 78.74 Bn | 4.63 Bn | 33.66 |
| 2 | Baker Hughes | 58.81 Bn | 43.08 Bn | 1.58 Bn | - |
| 3 | Halliburton | 30.02 Bn | 27.97 Bn | 2.10 Bn | - |
| 4 | Weatherford International | 6.42 Bn | 5.28 Bn | 662.00 Mn | - |
| 5 | Kodiak Gas Services | 6.09 Bn | 5.95 Bn | 246.76 Mn | - |
| 6 | Tidewater | 4.56 Bn | 3.94 Bn | 161.54 Mn | 3.81 |
| 7 | USA Compression Partners | 4.01 Bn | 4.00 Bn | 217.36 Mn | 2.04 |
| 8 | Liberty Energy | 3.45 Bn | 2.89 Bn | 208.34 Mn | 3.79 |
| 9 | National Energy Services Reunited | 3.40 Bn | 3.21 Bn | 81.29 Mn | 9.21 |
| 10 | Select Water Solutions | 2.80 Bn | 2.77 Bn | 76.84 Mn | 6.84 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.21 |
| 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 | -3.57 |
| Sep 30, 2020 | -5.01 |
| Jun 30, 2020 | -4.29 |