National Energy Services Reunited (NESR) Operating Margin (2017 - 2026)
National Energy Services Reunited (NESR) reported Operating Margin of 8.91% for Q1 2026, up 200.0% on a YoY basis from 2.97% in Q1 2025, and up 15.61% quarter-over-quarter from 7.7% in Q4 2025.
National Energy Services Reunited (NESR) Operating Margin (2017 - 2026) Analysis & Trends
National Energy Services Reunited has reported Operating Margin for 9 years, with the latest figure at 8.91% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin rose 200.0% year-over-year to 8.91%; the trailing twelve-month figure through Mar 2026 stood at 7.96% (down 230.0% YoY), and the FY2025 full-year result was 7.43%, down 315.0% from the prior year.
- Operating Margin for Q1 2026 stood at 8.91%, up from 7.7% in the prior quarter.
- The five-year high for Operating Margin was 12.68% in Q4 2024, with the low at 6.15% in Q2 2023.
- Historically, Operating Margin has averaged 8.74% across 4 years, with a median of 8.59% in 2025.
- Annual changes were most pronounced in 2024 — Operating Margin soared 435 bps — and 2025, when it tumbled 498 bps.
- National Energy Services Reunited's Operating Margin stood at 8.96% in 2023, then surged by 41 bps to 12.68% in 2024, then slumped by 39 bps to 7.7% in 2025, then gained by 16 bps to 8.91% in 2026.
- The last three Operating Margin figures came in at 8.91% (Q1 2026), 7.7% (Q4 2025), and 6.64% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 50.58% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 11.87% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 12.57% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 14.51% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 15.64% |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 2.29% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 10.68% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 53.94% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 30.89% |
| 10 | National Energy Services Reunited | 2.41 Bn | 2.31 Bn | 51.83 Mn | 8.91% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.91% |
| Dec 31, 2025 | 7.70% |
| Sep 30, 2025 | 6.64% |
| Jun 30, 2025 | 8.28% |
| Mar 31, 2025 | 6.91% |
| Dec 31, 2024 | 12.68% |
| Sep 30, 2024 | 10.54% |
| Jun 30, 2024 | 10.50% |
| Mar 31, 2024 | 8.27% |
| Dec 31, 2023 | 8.96% |
| Sep 30, 2023 | 9.38% |
| Jun 30, 2023 | 6.15% |
| Dec 31, 2021 | -38.56% |
| Sep 30, 2021 | 3.72% |
| Jun 30, 2021 | 6.01% |
| Mar 31, 2021 | 7.51% |
| Dec 31, 2020 | 0.01% |
| Sep 30, 2020 | 8.69% |
| Jun 30, 2020 | 8.79% |
| Mar 31, 2020 | 9.29% |