National Energy Services Reunited Past Earnings Performance
Past criteria checks 2/6
National Energy Services Reunited's earnings have been declining at an average annual rate of -23.5%, while the Energy Services industry saw earnings growing at 52.7% annually. Revenues have been growing at an average rate of 9.9% per year. National Energy Services Reunited's return on equity is 5.4%, and it has net margins of 3.7%.
Key information
-23.5%
Earnings growth rate
-23.7%
EPS growth rate
| Energy Services Industry Growth | 23.7% |
| Revenue growth rate | 9.9% |
| Return on equity | 5.4% |
| Net Margin | 3.7% |
| Next Earnings Update | 19 Nov 2024 |
Recent past performance updates
Recent updates
National Energy Services Reunited Corp. (NASDAQ:NESR) Shares Could Be 34% Below Their Intrinsic Value Estimate
Aug 24
NESR agrees to acquire minority stake in W. D. Von Gonten Engineering LLC in a stock deal
Jul 18National Energy Services Reunited signs agreement to expand manufacturing in UAE
Jun 29Is There An Opportunity With National Energy Services Reunited Corp.'s (NASDAQ:NESR) 47% Undervaluation?
Jan 13Is National Energy Services Reunited (NASDAQ:NESR) Using Too Much Debt?
Dec 16An Intrinsic Calculation For National Energy Services Reunited Corp. (NASDAQ:NESR) Suggests It's 44% Undervalued
Oct 04National Energy Services Reunited (NASDAQ:NESR) Has A Somewhat Strained Balance Sheet
Sep 16National Energy Services Reunited's (NASDAQ:NESR) Promising Earnings May Rest On Soft Foundations
Jul 16National Energy Services Reunited Corp.'s (NASDAQ:NESR) Intrinsic Value Is Potentially 86% Above Its Share Price
Jun 21Does National Energy Services Reunited (NASDAQ:NESR) Deserve A Spot On Your Watchlist?
Jun 07NESR bags contracts worth $150M from international oil companies in the MENA region
Jun 02National Energy Services Reunited (NASDAQ:NESR) Has A Somewhat Strained Balance Sheet
May 22Should You Be Adding National Energy Services Reunited (NASDAQ:NESR) To Your Watchlist Today?
Mar 05These 4 Measures Indicate That National Energy Services Reunited (NASDAQ:NESR) Is Using Debt Extensively
Feb 16
The National Energy Services Reunited (NASDAQ:NESR) Share Price Is Up 40% And Shareholders Are Holding On
Jan 26An Intrinsic Calculation For National Energy Services Reunited Corp. (NASDAQ:NESR) Suggests It's 37% Undervalued
Jan 05Have Insiders Been Selling National Energy Services Reunited Corp. (NASDAQ:NESR) Shares?
Dec 15National Energy Services Reunited Corp. (NASDAQ:NESR) Delivered A Weaker ROE Than Its Industry
Nov 24National Energy Services Reunited EPS in-line, beats on revenue
Oct 28Revenue & Expenses Breakdown
How National Energy Services Reunited makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 1,229 | 46 | 52 | 0 |
| 31 Mar 24 | 1,188 | 29 | 51 | 0 |
| 31 Dec 23 | 1,146 | 13 | 49 | 0 |
| 31 Dec 22 | 910 | -36 | 48 | 0 |
| 31 Dec 21 | 877 | -65 | 28 | 0 |
| 30 Sep 21 | 879 | 37 | 77 | 0 |
| 30 Jun 21 | 879 | 47 | 76 | 0 |
| 31 Mar 21 | 847 | 50 | 70 | 0 |
| 31 Dec 20 | 834 | 17 | 27 | 0 |
| 30 Sep 20 | 806 | 38 | 70 | 0 |
| 30 Jun 20 | 749 | 37 | 69 | 0 |
| 31 Mar 20 | 706 | 38 | 69 | 0 |
| 31 Dec 19 | 658 | 39 | 64 | 0 |
| 30 Sep 19 | 880 | 84 | 87 | 0 |
| 30 Jun 19 | 864 | 91 | 81 | 0 |
| 31 Mar 19 | 749 | 76 | 73 | 0 |
| 31 Dec 18 | 598 | 60 | 63 | 0 |
| 30 Sep 18 | 191 | 8 | 27 | 0 |
| 30 Jun 18 | 45 | -11 | 16 | 0 |
| 31 Mar 18 | 0 | -7 | 7 | 0 |
Quality Earnings: NESR has high quality earnings.
Growing Profit Margin: NESR became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NESR's earnings have declined by 23.5% per year over the past 5 years.
Accelerating Growth: NESR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: NESR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (8.9%).
Return on Equity
High ROE: NESR's Return on Equity (5.4%) is considered low.