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| Date | Value |
|---|---|
| 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 |