National Energy Services Reunited (NESR) Tax Rate (2018 - 2026)

National Energy Services Reunited (NESR) reported Tax Rate of 22.95% for Q1 2026, down 111.0% on a YoY basis from 208.61% in Q1 2025, and down 38.73% quarter-over-quarter from 37.45% in Q4 2025.

National Energy Services Reunited (NESR) Tax Rate (2018 - 2026) Analysis & Trends

National Energy Services Reunited has reported Tax Rate for 8 years, with the latest figure at 22.95% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 111.0% year-over-year to 22.95%; the trailing twelve-month figure through Mar 2026 stood at 21.18% (down 1031.0% YoY), and the FY2025 full-year result was 12.23%, up 1160.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 22.95%, down from 37.45% in the prior quarter.
  • The five-year high for Tax Rate was 125.29% in Q4 2024, with the low at 73.36% in Q4 2023.
  • Historically, Tax Rate has averaged 0.14% across 4 years, with a median of 18.07% in 2023.
  • Annual changes were most pronounced in 2024 — Tax Rate jumped 19865 bps — and 2025, when it tumbled 8784 bps.
  • National Energy Services Reunited's Tax Rate stood at 73.36% in 2023, then jumped by 271 bps to 125.29% in 2024, then tumbled by 70 bps to 37.45% in 2025, then tumbled by 39 bps to 22.95% in 2026.
  • The last three Tax Rate figures came in at 22.95% (Q1 2026), 37.45% (Q4 2025), and 44.95% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Slb 71.76 Bn 69.55 Bn 4.67 Bn 20.40
2 Baker Hughes 57.63 Bn 43.04 Bn 1.51 Bn 26.37
3 Halliburton 29.21 Bn 27.25 Bn 2.04 Bn 18.45
4 TechnipFMC 25.99 Bn 24.72 Bn 1.49 Bn 26.95
5 Enerflex 8.61 Bn 8.55 Bn - -27.76
6 Nov 6.73 Bn 5.44 Bn 119.00 Mn 42.86
7 Weatherford International 6.59 Bn 5.54 Bn 876.00 Mn -3.81
8 Archrock 6.43 Bn 6.42 Bn 247.42 Mn 23.96
9 Kodiak Gas Services 5.96 Bn 5.87 Bn 222.88 Mn 13.39
10 National Energy Services Reunited 2.48 Bn 2.38 Bn 51.83 Mn 22.95

Historic Data

Download Data
DateValue
Mar 31, 2026 22.95%
Mar 31, 2026 22.95%
Dec 31, 2025 37.45%
Dec 31, 2025 37.45%
Sep 30, 2025 44.95%
Sep 30, 2025 44.95%
Jun 30, 2025 -21.92%
Jun 30, 2025 -21.92%
Mar 31, 2025 24.06%
Mar 31, 2025 24.06%
Dec 31, 2024 125.29%
Dec 31, 2024 125.29%
Sep 30, 2024 -20.42%
Sep 30, 2024 -20.42%
Jun 30, 2024 -24.09%
Jun 30, 2024 -24.09%
Mar 31, 2024 -31.51%
Mar 31, 2024 -31.51%
Dec 31, 2023 -73.36%
Dec 31, 2023 -73.36%