National Energy Services Reunited (NESR) Long-Term Deferred Tax (2019 - 2022)
National Energy Services Reunited (NESR) reported Long-Term Deferred Tax of $21.1 million for Q4 2022, up 11.77% on a YoY basis from $18.9 million in Q4 2021, and up 11.77% quarter-over-quarter from $18.9 million in Q4 2021.
National Energy Services Reunited (NESR) Long-Term Deferred Tax (2019 - 2022) Analysis & Trends
National Energy Services Reunited has reported Long-Term Deferred Tax for 4 years, with the latest figure at $21.1 million in Q4 2022.
- For the quarter ending Q4 2022, Long-Term Deferred Tax rose 11.77% year-over-year to $21.1 million; the trailing twelve-month figure through Dec 2022 stood at $21.1 million (up 11.77% YoY), and the FY2022 full-year result was $21.1 million, up 11.77% from the prior year.
- Long-Term Deferred Tax for Q4 2022 stood at $21.1 million, up from $18.9 million in the prior quarter.
- The five-year high for Long-Term Deferred Tax was $26.2 million in Q4 2019, with the low at $8.9 million in Q4 2020.
- Historically, Long-Term Deferred Tax has averaged $18.8 million across 4 years, with a median of $20.0 million in 2021.
- Annual changes were most pronounced in 2020 — Long-Term Deferred Tax plunged 66.1% — and 2021, when it jumped 112.56%.
- National Energy Services Reunited's Long-Term Deferred Tax stood at $26.2 million in 2019, then slumped by 66.1% to $8.9 million in 2020, then jumped by 112.56% to $18.9 million in 2021, then increased by 11.77% to $21.1 million in 2022.
- The last three Long-Term Deferred Tax figures came in at $21.1 million (Q4 2022), $18.9 million (Q4 2021), and $8.9 million (Q4 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn |
| 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 |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn |
| 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 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 21.12 Mn |
| Dec 31, 2021 | 18.89 Mn |
| Dec 31, 2020 | 8.89 Mn |
| Dec 31, 2019 | 26.22 Mn |