National Energy Services Reunited (NESR) Long-Term Deferred Tax (2019 - 2022)

National Energy Services Reunited (NESR) posted Long-Term Deferred Tax of $21.1 million for Q4 2022, up 11.77% on a QoQ basis from $18.9 million in Q4 2021, and up 11.77% year-over-year from $18.9 million in Q4 2021.

National Energy Services Reunited (NESR) Long-Term Deferred Tax (2019 - 2022) Analysis & Trends

National Energy Services Reunited's Long-Term Deferred Tax history runs 4 years deep, the most recent figure standing at $21.1 million for Q4 2022.

  • Quarterly Long-Term Deferred Tax rose 11.77% year-over-year to $21.1 million in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $21.1 million (up 11.77% YoY) and the FY2022 annual result came in at $21.1 million, up 11.77% from the prior year.
  • Long-Term Deferred Tax was $21.1 million for Q4 2022 at National Energy Services Reunited, up from $18.9 million in the prior quarter.
  • Across five years, Long-Term Deferred Tax topped out at $21.1 million in Q4 2022 and bottomed at $8.6 million in Q4 2019.
  • A 4-year average of $14.4 million and a median of $13.9 million in 2020 frame the typical range for Long-Term Deferred Tax.
  • Annual changes were most pronounced in 2020 — Long-Term Deferred Tax increased 3.23% — and 2021, when it jumped 112.56%.
  • National Energy Services Reunited's Long-Term Deferred Tax stood at $8.6 million in 2019, then increased by 3.23% to $8.9 million in 2020, then soared by 112.56% to $18.9 million in 2021, then gained by 11.77% to $21.1 million in 2022.
  • Business Quant data shows NESR's Long-Term Deferred Tax at $21.1 million in Q4 2022, $18.9 million in Q4 2021, and $8.9 million in Q4 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn
10 National Energy Services Reunited 2.78 Bn 2.69 Bn 51.83 Mn

Historic Data

Download Data
DateValue
Dec 31, 2022 21.12 Mn
Dec 31, 2021 18.89 Mn
Dec 31, 2020 8.89 Mn
Dec 31, 2019 8.61 Mn