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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 20.40% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 26.37% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 18.45% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 26.95% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | -27.76% |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 42.86% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | -3.81% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 23.96% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 13.39% |
| 10 | National Energy Services Reunited | 2.41 Bn | 2.31 Bn | 51.83 Mn | 22.95% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |