Nabors Historical Income Statement

NBR Stock  USD 74.23  3.87  5.50%   
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.
  
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 05/05/2024, 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.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

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.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.
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 05/05/2024, 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 Expense171.5M177.9M185.3M130.6M
Depreciation And Amortization693.4M665.1M645.3M467.2M

Nabors Industries income statement Correlations

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0.840.650.450.70.14-0.130.180.670.570.04-0.090.00.130.54-0.370.13-0.5-0.050.35-0.50.24-0.050.08-0.350.3
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0.070.180.570.860.480.80.930.380.750.86-0.110.790.570.620.04-0.3-0.350.760.46-0.14-0.230.04-0.130.43-0.23
0.860.670.970.690.990.470.050.380.530.2-0.540.210.070.93-0.280.03-0.390.170.78-0.370.0-0.330.27-0.110.32
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-0.41-0.09-0.52-0.36-0.52-0.540.05-0.11-0.54-0.230.120.060.43-0.550.280.070.310.05-0.660.38-0.010.72-0.760.1-0.38
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-0.080.130.180.370.130.10.580.570.070.370.480.430.310.140.38-0.080.10.28-0.070.170.170.64-0.580.19-0.25
0.70.540.980.860.960.680.330.620.930.70.43-0.550.430.14-0.24-0.16-0.450.390.86-0.4-0.11-0.370.290.030.21
-0.34-0.37-0.24-0.09-0.28-0.210.160.04-0.28-0.180.070.280.010.38-0.24-0.090.510.0-0.180.10.060.45-0.360.51-0.34
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-0.33-0.5-0.49-0.6-0.46-0.54-0.23-0.35-0.39-0.62-0.390.31-0.430.1-0.450.510.61-0.44-0.540.750.040.56-0.50.28-0.41
-0.23-0.050.340.630.230.760.820.760.170.410.970.051.00.280.390.0-0.52-0.440.39-0.09-0.26-0.1-0.010.4-0.22
0.540.350.850.80.810.670.260.460.780.650.35-0.660.41-0.070.86-0.18-0.46-0.540.39-0.58-0.19-0.710.59-0.040.42
-0.42-0.5-0.44-0.51-0.43-0.280.02-0.14-0.37-0.57-0.080.38-0.10.17-0.40.10.60.75-0.09-0.580.130.56-0.550.09-0.32
0.130.24-0.06-0.17-0.02-0.09-0.26-0.230.0-0.08-0.22-0.01-0.280.17-0.110.060.260.04-0.26-0.190.130.250.12-0.570.33
-0.26-0.05-0.35-0.31-0.34-0.40.120.04-0.33-0.260.070.72-0.080.64-0.370.450.460.56-0.1-0.710.560.25-0.860.25-0.55
0.250.080.270.210.280.39-0.2-0.130.270.21-0.15-0.76-0.04-0.580.29-0.36-0.35-0.5-0.010.59-0.550.12-0.86-0.340.53
-0.33-0.35-0.020.2-0.10.220.510.43-0.110.020.440.10.420.190.030.51-0.010.280.4-0.040.09-0.570.25-0.34-0.83
0.420.30.270.090.310.03-0.35-0.230.320.16-0.29-0.38-0.24-0.250.21-0.34-0.24-0.41-0.220.42-0.320.33-0.550.53-0.83
Click cells to compare fundamentals

Nabors Industries Account Relationship Matchups

Nabors Industries income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization876.1M853.7M693.4M665.1M645.3M467.2M
Interest Expense204.3M206.3M171.5M177.9M185.3M130.6M
Total Revenue3.0B2.1B2.0B2.7B3.0B2.6B
Gross Profit238.0M(52.7M)37.3M322.7M570.3M687.8M
Other Operating Expenses3.1B2.4B2.2B2.6B2.7B2.3B
Operating Income(980.4M)(1.2B)(944.8M)(747.9M)269.9M283.4M
Ebit(980.4M)(1.2B)(944.8M)(747.9M)313.9M329.6M
Ebitda(104.4M)(318.4M)(251.4M)(82.8M)959.2M1.0B
Cost Of Revenue2.8B2.2B2.0B2.3B2.4B1.9B
Total Operating Expenses309.1M237.1M248.7M278.4M300.4M403.3M
Income Before Tax(588.9M)(705.6M)(488.1M)(245.7M)129.1M135.6M
Total Other Income Expense Net391.5M466.5M456.7M502.2M(1.4M)(1.4M)
Net Income(680.5M)(762.9M)(543.7M)(307.2M)(50.2M)(47.7M)
Income Tax Expense91.6M57.3M55.6M61.5M79.2M48.8M
Selling General Administrative258.7M203.5M213.6M228.4M244.1M340.2M
Extraordinary Items(182.1M)(14.7M)(12K)7K20K0.0
Net Income Applicable To Common Shares(720.1M)(820.3M)(572.9M)(350.3M)(315.2M)(299.5M)
Research Development50.4M33.6M35.2M49.9M56.3M39.5M
Discontinued Operations(14.7M)(12K)7K20K23K24.2K
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)19.6M22.5M23.7M
Minority Interest22.4M42.8M(25.6M)43.0M(52.0M)(49.4M)
Tax Provision91.6M57.3M55.6M61.5M86.1M90.4M
Interest Income8.4M4.7M174.7M15.5M39.5M37.5M
Net Interest Income(195.9M)(206.3M)(171.5M)(162.4M)(140.1M)(147.1M)
Reconciled Depreciation876.1M853.7M693.4M665.1M652.9M623.4M

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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:
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.
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 Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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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.