National Energy Services Reunited (NESR) Net Margin (2017 - 2026)
National Energy Services Reunited's (NESR) quarterly Net Margin came in at 8.45% in Q2 2026, up 381.0% on a YoY basis from 1.76% in Q2 2025, and up 43.53% quarter-over-quarter from 5.89% in Q1 2026.
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National Energy Services Reunited (NESR) Net Margin (2017 - 2026) Analysis & Trends
National Energy Services Reunited (NESR) has reported Net Margin for 9 consecutive years, with 8.45% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 381.0% year-over-year to 8.45%; the trailing twelve-month figure through Jun 2026 stood at 5.77% (up 19.0% YoY), and the FY2025 full-year result was 3.86%, down 200.0% from the prior year.
- Net Margin grew to 8.45% in Q2 2026 per NESR's latest filing, from 5.89% in the prior quarter.
- Across five years, Net Margin topped out at 8.45% in Q2 2026 and bottomed at 3.35% in Q4 2023.
- Historically, Net Margin has averaged 4.29% across 4 years, with a median of 4.91% in 2023.
- The sharpest annual moves came in 2024 and 2025: Net Margin soared 1116 bps in 2024, then slumped 585 bps in 2025.
- Over 4 years, Net Margin stood at 3.35% in 2023, then jumped by 333 bps to 7.81% in 2024, then slumped by 75 bps to 1.96% in 2025, then soared by 331 bps to 8.45% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 8.45%, 5.89%, and 1.96% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 83.34 Bn | 79.27 Bn | 4.63 Bn | 9.08% |
| 2 | Baker Hughes | 58.71 Bn | 42.98 Bn | 1.58 Bn | 10.12% |
| 3 | Halliburton | 30.13 Bn | 28.08 Bn | 2.10 Bn | 9.42% |
| 4 | Weatherford International | 6.46 Bn | 5.32 Bn | 662.00 Mn | 3.80% |
| 5 | Kodiak Gas Services | 6.03 Bn | 5.89 Bn | 246.76 Mn | 13.33% |
| 6 | Tidewater | 4.59 Bn | 3.97 Bn | 161.54 Mn | 6.16% |
| 7 | USA Compression Partners | 4.03 Bn | 4.02 Bn | 217.36 Mn | 13.34% |
| 8 | National Energy Services Reunited | 3.40 Bn | 3.22 Bn | 81.29 Mn | 8.45% |
| 9 | Liberty Energy | 3.40 Bn | 2.84 Bn | 208.34 Mn | 3.62% |
| 10 | Select Water Solutions | 2.80 Bn | 2.76 Bn | 76.84 Mn | 5.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.45% |
| Mar 31, 2026 | 5.89% |
| Dec 31, 2025 | 1.96% |
| Sep 30, 2025 | 6.01% |
| Jun 30, 2025 | 4.64% |
| Mar 31, 2025 | 3.43% |
| Dec 31, 2024 | 7.81% |
| Sep 30, 2024 | 6.13% |
| Jun 30, 2024 | 5.81% |
| Mar 31, 2024 | 3.36% |
| Dec 31, 2023 | -3.35% |
| Sep 30, 2023 | 4.91% |
| Jun 30, 2023 | 0.69% |
| Dec 31, 2021 | -41.75% |
| Sep 30, 2021 | 1.99% |
| Jun 30, 2021 | 3.33% |
| Mar 31, 2021 | 5.40% |
| Dec 31, 2020 | 9.40% |
| Sep 30, 2020 | 8.61% |
| Jun 30, 2020 | 7.98% |