National Energy Services Reunited (NESR) Tax Rate (2016 - 2026)

National Energy Services Reunited (NESR) posted Tax Rate of 22.95% for Q1 2026, up 766.32% on a QoQ basis from 3.44% in Q4 2025, and down 111.0% year-over-year from 208.61% in Q1 2025.

National Energy Services Reunited (NESR) Tax Rate (2016 - 2026) Analysis & Trends

National Energy Services Reunited's Tax Rate history runs 10 years deep, the most recent figure standing at 22.95% for Q1 2026.

  • Quarterly Tax Rate fell 111.0% year-over-year to 22.95% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 556.89% (up 52540.0% YoY) and the FY2024 annual result came in at 18.24%, down 3962.0% from the prior year.
  • Tax Rate was 22.95% for Q1 2026 at National Energy Services Reunited, up from 3.44% in the prior quarter.
  • Across five years, Tax Rate topped out at 125.29% in Q4 2024 and bottomed at 73.36% in Q4 2023.
  • A 4-year average of 3.54% and a median of 18.07% in 2023 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2024 — Tax Rate jumped 19865 bps — and 2025, when it slumped 12873 bps.
  • National Energy Services Reunited's Tax Rate stood at 73.36% in 2023, then soared by 271 bps to 125.29% in 2024, then slumped by 103 bps to 3.44% in 2025, then jumped by 766 bps to 22.95% in 2026.
  • Business Quant data shows NESR's Tax Rate at 22.95% in Q1 2026, 3.44% in Q4 2025, and 44.95% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 20.40
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn -
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 26.95
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 18.45
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 42.86
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 44.00
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 23.96
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 34.15
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 13.39
10 National Energy Services Reunited 2.78 Bn 2.69 Bn 51.83 Mn 22.95

Historic Data

Download Data
DateValue
Mar 31, 2026 22.95
Mar 31, 2026 22.95
Mar 31, 2026 22.95
Dec 31, 2025 -3.44
Dec 31, 2025 -3.44
Dec 31, 2025 -3.44
Sep 30, 2025 44.95
Sep 30, 2025 44.95
Sep 30, 2025 44.95
Jun 30, 2025 -21.92
Jun 30, 2025 -21.92
Jun 30, 2025 -21.92
Mar 31, 2025 24.06
Mar 31, 2025 24.06
Mar 31, 2025 24.06
Dec 31, 2024 125.29
Dec 31, 2024 125.29
Dec 31, 2024 125.29
Sep 30, 2024 -20.42
Sep 30, 2024 -20.42