The Tip Desk

NABORS INDUSTRIES LTD

Company Stats

Market Cap
$1.2B
as of Sep 30, 2026
Enterprise Value
$2.8B
Shares Outstanding
16.0M
Free Float
71.6%

Income Statement

Revenue
$3.2B
Operating Income
$471.1M
Net Income
$286.6M
EBITDA
$1.1B
Non-cash Impairment
$26.5M
Revenue Growth, 3Y
6.3%
FCF Margin, 3Y Avg
1.0%
FCF Margin, Worst Year
-0.7%

Cash Flow

Free Cash Flow
-$22.7M
FCF Yield
-1.8%
Owner FCF Yield
-3.7%

Balance Sheet

Cash & Equivalents
$940.7M
Total Debt
$2.5B
Net Debt
$1.6B
Net Debt / EBITDA
1.42x
EV / EBITDA
2.53x
Net Debt / EBIT
3.37x

Returns & Capital

SBC, 3Y Avg
$18.6M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$3.2B-$22.7M-0.7%
FY2024$2.9B$13.5M0.5%
FY2023$3.0B$97.0M3.2%
FY2022$2.7B$127.6M4.8%
FY2021$2.0B$194.7M9.7%

Annual filing data through FY ended December 31, 2025; shares and float as of October 10, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage