Nabors Historical Income Statement

NBR Stock

USD 72.03 6.04 7.74%

Historical analysis of Nabors Industries income statement accounts such as Gross Profit of 687.8 M can show how well Nabors Industries performed in making a profits. Evaluating Nabors Industries income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Nabors Industries's future profits or losses.

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Financial Statement Analysis is much more than just reviewing and examining Nabors Industries latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Nabors Industries is a good buy for the upcoming year.

Net Income Gross Profit

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nabors Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

To learn how to invest in Nabors Stock, please use our How to Invest in Nabors Industries guide.

About Nabors Income Statement Analysis

Nabors Industries Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Nabors Industries shareholders. The income statement also shows Nabors investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Nabors Industries Income Statement Chart

Nabors Industries Income Statement is one of the three primary financial statements used for reporting Nabors's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Nabors Industries revenue and expense. Nabors Industries Income Statement primarily focuses on the company's revenues and expenses during a particular period.

At this time, Nabors Industries' Discontinued Operations is relatively stable compared to the past year. As of 05/01/2024, Non Operating Income Net Other is likely to grow to about 23.7 M, while Interest Expense is likely to drop slightly above 130.6 M.

Total Revenue Other Operating Expenses Cost Of Revenue Total Operating Expenses Net Income From Continuing Ops

Total Revenue

Total revenue comprises all receipts Nabors Industries generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Nabors Industries. It is also known as Nabors Industries overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Nabors Industries income statement and represents the costs associated with goods and services Nabors Industries provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Total Operating Expenses

The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.

Most accounts from Nabors Industries' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Nabors Industries current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nabors Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

To learn how to invest in Nabors Stock, please use our How to Invest in Nabors Industries guide.At this time, Nabors Industries' Discontinued Operations is relatively stable compared to the past year. As of 05/01/2024, Non Operating Income Net Other is likely to grow to about 23.7 M, while Interest Expense is likely to drop slightly above 130.6 M.

	2021	2022	2023	2024 (projected)
Interest Expense	171.5M	177.9M	185.3M	130.6M
Depreciation And Amortization	693.4M	665.1M	645.3M	467.2M

Interest Expense Depreciation And Amortization

Nabors Industries income statement Correlations

	Depreciation And Amortization	Interest Expense	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Extraordinary Items	Research Development	Discontinued Operations	Net Income From Continuing Ops	Non Recurring	Non Operating Income Net Other	Minority Interest	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.84	0.78	0.42	0.85	0.12	-0.3	0.07	0.86	0.45	-0.18	-0.41	-0.18	-0.08	0.7	-0.34	0.25	-0.33	-0.23	0.54	-0.42	0.13	-0.26	0.25	-0.33	0.42
Interest Expense	0.84		0.65	0.45	0.7	0.14	-0.13	0.18	0.67	0.57	0.04	-0.09	0.0	0.13	0.54	-0.37	0.13	-0.5	-0.05	0.35	-0.5	0.24	-0.05	0.08	-0.35	0.3
Total Revenue	0.78	0.65		0.84	0.99	0.61	0.26	0.57	0.97	0.7	0.38	-0.52	0.38	0.18	0.98	-0.24	-0.12	-0.49	0.34	0.85	-0.44	-0.06	-0.35	0.27	-0.02	0.27
Gross Profit	0.42	0.45	0.84		0.78	0.8	0.67	0.86	0.69	0.9	0.7	-0.36	0.67	0.37	0.86	-0.09	-0.43	-0.6	0.63	0.8	-0.51	-0.17	-0.31	0.21	0.2	0.09
Other Operating Expenses	0.85	0.7	0.99	0.78		0.53	0.15	0.48	0.99	0.66	0.27	-0.52	0.27	0.13	0.96	-0.28	-0.04	-0.46	0.23	0.81	-0.43	-0.02	-0.34	0.28	-0.1	0.31
Operating Income	0.12	0.14	0.61	0.8	0.53		0.72	0.8	0.47	0.63	0.74	-0.54	0.76	0.1	0.68	-0.21	-0.36	-0.54	0.76	0.67	-0.28	-0.09	-0.4	0.39	0.22	0.03
Ebit	-0.3	-0.13	0.26	0.67	0.15	0.72		0.93	0.05	0.56	0.9	0.05	0.83	0.58	0.33	0.16	-0.4	-0.23	0.82	0.26	0.02	-0.26	0.12	-0.2	0.51	-0.35
Ebitda	0.07	0.18	0.57	0.86	0.48	0.8	0.93		0.38	0.75	0.86	-0.11	0.79	0.57	0.62	0.04	-0.3	-0.35	0.76	0.46	-0.14	-0.23	0.04	-0.13	0.43	-0.23
Cost Of Revenue	0.86	0.67	0.97	0.69	0.99	0.47	0.05	0.38		0.53	0.2	-0.54	0.21	0.07	0.93	-0.28	0.03	-0.39	0.17	0.78	-0.37	0.0	-0.33	0.27	-0.11	0.32
Total Operating Expenses	0.45	0.57	0.7	0.9	0.66	0.63	0.56	0.75	0.53		0.52	-0.23	0.46	0.37	0.7	-0.18	-0.37	-0.62	0.41	0.65	-0.57	-0.08	-0.26	0.21	0.02	0.16
Income Before Tax	-0.18	0.04	0.38	0.7	0.27	0.74	0.9	0.86	0.2	0.52		0.12	0.98	0.48	0.43	0.07	-0.46	-0.39	0.97	0.35	-0.08	-0.22	0.07	-0.15	0.44	-0.29
Total Other Income Expense Net	-0.41	-0.09	-0.52	-0.36	-0.52	-0.54	0.05	-0.11	-0.54	-0.23	0.12		0.06	0.43	-0.55	0.28	0.07	0.31	0.05	-0.66	0.38	-0.01	0.72	-0.76	0.1	-0.38
Net Income	-0.18	0.0	0.38	0.67	0.27	0.76	0.83	0.79	0.21	0.46	0.98	0.06		0.31	0.43	0.01	-0.49	-0.43	1.0	0.41	-0.1	-0.28	-0.08	-0.04	0.42	-0.24
Income Tax Expense	-0.08	0.13	0.18	0.37	0.13	0.1	0.58	0.57	0.07	0.37	0.48	0.43	0.31		0.14	0.38	-0.08	0.1	0.28	-0.07	0.17	0.17	0.64	-0.58	0.19	-0.25
Selling General Administrative	0.7	0.54	0.98	0.86	0.96	0.68	0.33	0.62	0.93	0.7	0.43	-0.55	0.43	0.14		-0.24	-0.16	-0.45	0.39	0.86	-0.4	-0.11	-0.37	0.29	0.03	0.21
Extraordinary Items	-0.34	-0.37	-0.24	-0.09	-0.28	-0.21	0.16	0.04	-0.28	-0.18	0.07	0.28	0.01	0.38	-0.24		-0.09	0.51	0.0	-0.18	0.1	0.06	0.45	-0.36	0.51	-0.34
Research Development	0.25	0.13	-0.12	-0.43	-0.04	-0.36	-0.4	-0.3	0.03	-0.37	-0.46	0.07	-0.49	-0.08	-0.16	-0.09		0.61	-0.52	-0.46	0.6	0.26	0.46	-0.35	-0.01	-0.24
Discontinued Operations	-0.33	-0.5	-0.49	-0.6	-0.46	-0.54	-0.23	-0.35	-0.39	-0.62	-0.39	0.31	-0.43	0.1	-0.45	0.51	0.61		-0.44	-0.54	0.75	0.04	0.56	-0.5	0.28	-0.41
Net Income From Continuing Ops	-0.23	-0.05	0.34	0.63	0.23	0.76	0.82	0.76	0.17	0.41	0.97	0.05	1.0	0.28	0.39	0.0	-0.52	-0.44		0.39	-0.09	-0.26	-0.1	-0.01	0.4	-0.22
Non Recurring	0.54	0.35	0.85	0.8	0.81	0.67	0.26	0.46	0.78	0.65	0.35	-0.66	0.41	-0.07	0.86	-0.18	-0.46	-0.54	0.39		-0.58	-0.19	-0.71	0.59	-0.04	0.42
Non Operating Income Net Other	-0.42	-0.5	-0.44	-0.51	-0.43	-0.28	0.02	-0.14	-0.37	-0.57	-0.08	0.38	-0.1	0.17	-0.4	0.1	0.6	0.75	-0.09	-0.58		0.13	0.56	-0.55	0.09	-0.32
Minority Interest	0.13	0.24	-0.06	-0.17	-0.02	-0.09	-0.26	-0.23	0.0	-0.08	-0.22	-0.01	-0.28	0.17	-0.11	0.06	0.26	0.04	-0.26	-0.19	0.13		0.25	0.12	-0.57	0.33
Tax Provision	-0.26	-0.05	-0.35	-0.31	-0.34	-0.4	0.12	0.04	-0.33	-0.26	0.07	0.72	-0.08	0.64	-0.37	0.45	0.46	0.56	-0.1	-0.71	0.56	0.25		-0.86	0.25	-0.55
Interest Income	0.25	0.08	0.27	0.21	0.28	0.39	-0.2	-0.13	0.27	0.21	-0.15	-0.76	-0.04	-0.58	0.29	-0.36	-0.35	-0.5	-0.01	0.59	-0.55	0.12	-0.86		-0.34	0.53
Net Interest Income	-0.33	-0.35	-0.02	0.2	-0.1	0.22	0.51	0.43	-0.11	0.02	0.44	0.1	0.42	0.19	0.03	0.51	-0.01	0.28	0.4	-0.04	0.09	-0.57	0.25	-0.34		-0.83
Reconciled Depreciation	0.42	0.3	0.27	0.09	0.31	0.03	-0.35	-0.23	0.32	0.16	-0.29	-0.38	-0.24	-0.25	0.21	-0.34	-0.24	-0.41	-0.22	0.42	-0.32	0.33	-0.55	0.53	-0.83

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Nabors Industries Account Relationship Matchups

Nabors Industries income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	876.1M	853.7M	693.4M	665.1M	645.3M	467.2M
Interest Expense	204.3M	206.3M	171.5M	177.9M	185.3M	130.6M
Total Revenue	3.0B	2.1B	2.0B	2.7B	3.0B	2.6B
Gross Profit	238.0M	(52.7M)	37.3M	322.7M	570.3M	687.8M
Other Operating Expenses	3.1B	2.4B	2.2B	2.6B	2.7B	2.3B
Operating Income	(980.4M)	(1.2B)	(944.8M)	(747.9M)	269.9M	283.4M
Ebit	(980.4M)	(1.2B)	(944.8M)	(747.9M)	313.9M	329.6M
Ebitda	(104.4M)	(318.4M)	(251.4M)	(82.8M)	959.2M	1.0B
Cost Of Revenue	2.8B	2.2B	2.0B	2.3B	2.4B	1.9B
Total Operating Expenses	309.1M	237.1M	248.7M	278.4M	300.4M	403.3M
Income Before Tax	(588.9M)	(705.6M)	(488.1M)	(245.7M)	129.1M	135.6M
Total Other Income Expense Net	391.5M	466.5M	456.7M	502.2M	(1.4M)	(1.4M)
Net Income	(680.5M)	(762.9M)	(543.7M)	(307.2M)	(50.2M)	(47.7M)
Income Tax Expense	91.6M	57.3M	55.6M	61.5M	79.2M	48.8M
Selling General Administrative	258.7M	203.5M	213.6M	228.4M	244.1M	340.2M
Extraordinary Items	(182.1M)	(14.7M)	(12K)	7K	20K	0.0
Net Income Applicable To Common Shares	(720.1M)	(820.3M)	(572.9M)	(350.3M)	(315.2M)	(299.5M)
Research Development	50.4M	33.6M	35.2M	49.9M	56.3M	39.5M
Discontinued Operations	(14.7M)	(12K)	7K	20K	23K	24.2K
Net Income From Continuing Ops	(680.5M)	(762.9M)	(543.7M)	(307.2M)	(12.1M)	(12.7M)
Non Operating Income Net Other	(5K)	(27.1M)	(51.9M)	19.6M	22.5M	23.7M
Minority Interest	22.4M	42.8M	(25.6M)	43.0M	(52.0M)	(49.4M)
Tax Provision	91.6M	57.3M	55.6M	61.5M	86.1M	90.4M
Interest Income	8.4M	4.7M	174.7M	15.5M	39.5M	37.5M
Net Interest Income	(195.9M)	(206.3M)	(171.5M)	(162.4M)	(140.1M)	(147.1M)
Reconciled Depreciation	876.1M	853.7M	693.4M	665.1M	652.9M	623.4M

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nabors Industries in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nabors Industries' short interest history, or implied volatility extrapolated from Nabors Industries options trading.

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When determining whether Nabors Industries is a strong investment it is important to analyze Nabors Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Nabors Industries' future performance. For an informed investment choice regarding Nabors Stock, refer to the following important reports:

How To Invest In Nabors

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Is Nabors Stock a good investment?

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What is Nabors Industries' Net Worth?

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To learn how to invest in Nabors Stock, please use our How to Invest in Nabors Industries guide.

Note that the Nabors Industries information on this page should be used as a complementary analysis to other Nabors Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.

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When running Nabors Industries' price analysis, check to measure Nabors Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nabors Industries is operating at the current time. Most of Nabors Industries' value examination focuses on studying past and present price action to predict the probability of Nabors Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nabors Industries' price. Additionally, you may evaluate how the addition of Nabors Industries to your portfolios can decrease your overall portfolio volatility.

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Is Nabors Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nabors Industries. If investors know Nabors will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nabors Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Earnings Share

(14.42)

Revenue Per Share

323.098

Quarterly Revenue Growth

(0.06)

Return On Assets

0.0343

Return On Equity

(0.02)

The market value of Nabors Industries is measured differently than its book value, which is the value of Nabors that is recorded on the company's balance sheet. Investors also form their own opinion of Nabors Industries' value that differs from its market value or its book value, called intrinsic value, which is Nabors Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nabors Industries' market value can be influenced by many factors that don't directly affect Nabors Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Nabors Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nabors Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nabors Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Nabors Historical Income Statement

About Nabors Income Statement Analysis

Nabors Industries Income Statement Chart

Total Revenue

Other Operating Expenses

Cost Of Revenue

Total Operating Expenses

Nabors Industries income statement Correlations

Nabors Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Nabors Industries income statement Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Income From Continuing Ops	+ 1.0	Net Income
Other Operating Expenses	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Other Operating Expenses
Selling General Administrative	+ 0.98	Total Revenue
Net Income	+ 0.98	Income Before Tax
Cost Of Revenue	+ 0.97	Total Revenue

Interest Income	- 0.86	Tax Provision
Reconciled Depreciation	- 0.83	Net Interest Income
Interest Income	- 0.76	Total Other Income Expense Net
Tax Provision	- 0.71	Non Recurring
Non Recurring	- 0.66	Total Other Income Expense Net
Discontinued Operations	- 0.62	Total Operating Expenses