Outside The U.S was Nabors Industries’s largest region in fiscal 2017, bringing in $3.18B of $5.13B (62%).
| Geography | FY 2013 | FY 2014 | FY 2015 | FY 2017 |
|---|---|---|---|---|
| United States | $9.40B | $3.65B | $1.95B | |
| Outside The U.S | $4.21B | $4.08B | $3.18B | |
| Total | $13.61B | $7.73B | $5.13B |
Nabors Industries brought in $5.13B from its two regions in fiscal 2017, the year ended December 31, 2017. That was down 33.6% from $7.73B in fiscal 2015, the previous year with figures. Outside The U.S was the largest at $3.18B (62.0%), ahead of United States at $1.95B (38.0%).
Compared with fiscal 2015, the previous year with figures, Outside The U.S fell 22.0% to $3.18B and United States fell 46.6% to $1.95B. From fiscal 2014 to 2017, combined revenue from these regions fell from $13.61B to $5.13B, a compound annual decline of 27.8%. Outside The U.S's share of the total rose from 30.9% to 62.0%.
International was Nabors Industries’s largest segment in fiscal 2017, bringing in $2.95B of $5.19B (57%).
| Subsegments | FY 2013 | FY 2014 | FY 2015 | FY 2017 |
|---|---|---|---|---|
| International | $3.25B | $3.72B | $2.95B | |
| U.S | $4.32B | $2.51B | $1.61B | |
| Production Services | $2.07B | — | — | |
| United States Land Well Servicing | — | — | — | |
| Completion Services | $2.44B | $415.72M | — | |
| Pressure Pumping | — | — | — | |
| Rig Technologies | — | $642.48M | $469.08M | |
| Rig Services | $1.39B | — | — | |
| Canada | — | $274.99M | $165.86M | |
| Drilling Solutions | — | $139.66M | — | |
| Total | $13.46B | $7.71B | $5.19B |
Nabors Industries brought in $5.19B from its four segments in fiscal 2017, the year ended December 31, 2017. Nabors Industries regrouped these segments after fiscal 2015, so the total does not compare directly with that year's $7.71B. International was the largest at $2.95B (56.8%), ahead of U.S at $1.61B (31.0%) and Rig Technologies at $469.08M (9.0%). The remaining segment, Canada, brought in $165.86M.
Compared with fiscal 2015, the previous year with figures, every segment above 2% of revenue shrank. International held up best, down 20.9% to $2.95B, and Canada fell the most, down 39.7% to $165.86M.
Nabors Industries began breaking out Rig Technologies in fiscal 2015, when it brought in $642.48M. Nabors Industries stopped reporting Production Services ($2.07B in fiscal 2014), Rig Services ($1.39B in fiscal 2014), Completion Services ($415.72M in fiscal 2015) and one other as separate segments.
Nabors Industries (NBR) reports its revenue by geography and by subsegments. In fiscal 2017, Outside The U.S was its largest region, bringing in $3.18B (62.0% of the total), followed by United States at $1.95B (38.0%).
Outside The U.S was Nabors Industries' largest region in fiscal 2017, bringing in $3.18B, or 62.0% of the $5.13B total across its two regions.
International was Nabors Industries' largest segment in fiscal 2017, bringing in $2.95B, or 56.8% of the $5.19B total across its four segments.
Every figure comes from Nabors Industries' annual financial filings, as reported. Each line keeps the name Nabors Industries gives it, and years follow its fiscal calendar.
Nabors Industries' revenue by geography goes back to fiscal 2013, with figures through fiscal 2017. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.