National Energy Services Reunited (NESR) Operating Margin (2016 - 2026)
National Energy Services Reunited (NESR) posted Operating Margin of 8.91% for Q1 2026, up 202.56% on a QoQ basis from 8.68% in Q4 2025, and up 200.0% year-over-year from 2.97% in Q1 2025.
National Energy Services Reunited (NESR) Operating Margin (2016 - 2026) Analysis & Trends
National Energy Services Reunited's Operating Margin history runs 10 years deep, the most recent figure standing at 8.91% for Q1 2026.
- Quarterly Operating Margin rose 200.0% year-over-year to 8.91% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 7.29% (down 993.0% YoY) and the FY2025 annual result came in at 7.43%, down 315.0% from the prior year.
- Operating Margin was 8.91% for Q1 2026 at National Energy Services Reunited, up from 8.68% in the prior quarter.
- Across five years, Operating Margin topped out at 20.76% in Q2 2024 and bottomed at 8.68% in Q4 2025.
- A 4-year average of 14.38% and a median of 17.75% in 2023 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2024 — Operating Margin surged 576 bps — and 2025, when it plunged 2908 bps.
- National Energy Services Reunited's Operating Margin stood at 18.4% in 2023, then gained by 11 bps to 20.39% in 2024, then tumbled by 143 bps to 8.68% in 2025, then jumped by 203 bps to 8.91% in 2026.
- Business Quant data shows NESR's Operating Margin at 8.91% in Q1 2026, 8.68% in Q4 2025, and 15.72% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 70.54 Bn | 68.33 Bn | 5.38 Bn | 58.70% |
| 2 | Tenaris | 57.93 Bn | 46.32 Bn | 1.05 Bn | 48.92% |
| 3 | TechnipFMC | 30.31 Bn | 29.04 Bn | 1.64 Bn | 14.51% |
| 4 | Halliburton | 27.38 Bn | 25.42 Bn | 2.10 Bn | 13.62% |
| 5 | Nov | 7.25 Bn | 5.97 Bn | 379.00 Mn | 5.80% |
| 6 | Archrock | 6.68 Bn | 6.68 Bn | 247.42 Mn | 54.06% |
| 7 | Weatherford International | 6.15 Bn | 5.02 Bn | 776.00 Mn | 9.68% |
| 8 | Kodiak Gas Services | 5.93 Bn | 5.84 Bn | 222.88 Mn | 30.89% |
| 9 | Oceaneering International | 5.32 Bn | 4.71 Bn | 156.98 Mn | 11.49% |
| 10 | National Energy Services Reunited | 2.81 Bn | 2.72 Bn | 51.83 Mn | 8.91% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.91% |
| Dec 31, 2025 | -8.68% |
| Sep 30, 2025 | 15.72% |
| Jun 30, 2025 | 17.10% |
| Mar 31, 2025 | 6.91% |
| Dec 31, 2024 | 20.39% |
| Sep 30, 2024 | 19.83% |
| Jun 30, 2024 | 20.76% |
| Mar 31, 2024 | 19.08% |
| Dec 31, 2023 | 18.40% |
| Sep 30, 2023 | 19.13% |
| Jun 30, 2023 | 15.00% |
| Dec 31, 2021 | -66.11% |
| Sep 30, 2021 | 23.38% |
| Jun 30, 2021 | 26.98% |
| Mar 31, 2021 | 0.01% |
| Dec 31, 2020 | 5,709.86% |
| Sep 30, 2020 | 26.52% |
| Jun 30, 2020 | 27.56% |
| Mar 31, 2020 | 9,290.06% |