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
DateValue
Dec 31, 2022 21.12 Mn
Dec 31, 2021 18.89 Mn
Dec 31, 2020 8.89 Mn
Dec 31, 2019 26.22 Mn