Nabors Industries Ltd.
NBRFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
2,930
Cost of Revenue
2,376
Gross Profit
554
Gross Margin
18.9%
Operating Income
248
Operating Margin
8.5%
Net Income
-176
Net Margin
-6.0%
EPS (Basic)
$-22.37
EPS (Diluted)
$-22.37
EBITDA
813
EBITDA Margin
27.8%
2023
12/31/2023
Revenue
3,006
Cost of Revenue
1,790
Gross Profit
1,216
Gross Margin
40.4%
Operating Income
915
Operating Margin
30.4%
Net Income
-12
Net Margin
-0.4%
EPS (Basic)
$-5.49
EPS (Diluted)
$-5.49
EBITDA
915
EBITDA Margin
30.4%
2022
12/31/2022
Revenue
2,654
Cost of Revenue
1,666
Gross Profit
988
Gross Margin
37.2%
Operating Income
709
Operating Margin
26.7%
Net Income
-350
Net Margin
-13.2%
EPS (Basic)
$-40.52
EPS (Diluted)
$-40.52
EBITDA
709
EBITDA Margin
26.7%
2021
12/31/2021
Revenue
2,018
Cost of Revenue
1,287
Gross Profit
730
Gross Margin
36.2%
Operating Income
481
Operating Margin
23.8%
Net Income
-569
Net Margin
-28.2%
EPS (Basic)
$-76.58
EPS (Diluted)
$-76.58
EBITDA
482
EBITDA Margin
23.9%
2020
12/31/2020
Revenue
2,134
Cost of Revenue
1,336
Gross Profit
798
Gross Margin
37.4%
Operating Income
558
Operating Margin
26.1%
Net Income
-806
Net Margin
-37.8%
EPS (Basic)
$-118.69
EPS (Diluted)
$-118.69
EBITDA
561
EBITDA Margin
26.3%