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National Energy Services Reunited Corp. NESR

Nasdaq · stock · Oil & Gas Field Services, NEC · website · IPO 2017-05-17

National Energy Services Reunited Corp. statistics & valuation

Market cap$2.8B
P / E55.7×
P / S2.2×
P / B2.9×
Net margin3.9%
Return on equity5.3%
Net debt$131.1M
Net debt / EBITDA0.5×
Enterprise value USD$3.0B
EV / EBITDA12.4×
Earnings yield EBIT/EV3.3%
Return on capital7.9%
Graham number -69.6%$10.60

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($10.60); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
2.00% -7.40% -4.00% 1.10% 5.90% 3.90% 2017202020212022202320242025
Gross margin (%)
9.30% 0.30% 7.20% 13.00% 16.00% 12.40% 2017202020212022202320242025
Operating margin (%)
4.20% -4.90% -0.10% 7.00% 10.60% 7.40% 2017202020212022202320242025
Return on equity (%)
-0.70% 1.80% -7.90% -4.50% 1.50% 8.40% 5.30% 2017202020212022202320242025
Shares outstanding
11.7M 89.1M 91.4M 94.0M 95.0M 96.0M 100.8M 2017202020212022202320242025
Net debt ($)
$285.0M $303.0M $373.1M $340.7M $218.8M $131.1M 2017202020212022202320242025
Share buybacks ($)
2017202020212022202320242025
Return on assets (%)
-1.20% 1.00% -3.50% -2.00% 0.70% 4.30% 2.80% 2017202020212022202320242025
Free cash flow margin (%)
2017202020212022202320242025
Debt / equity (×)
0.38× 0.62× 0.56× 0.50× 0.36× 0.26× 2017202020212022202320242025
EPS ($)
$0.18 -$0.71 -$0.39 $0.13 $0.80 $0.52 2017202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2017
Gross margin12.4%16.0%13.0%7.2%0.3%9.3%—
Operating margin7.4%10.6%7.0%-0.1%-4.9%4.2%—
Net margin3.9%5.9%1.1%-4.0%-7.4%2.0%—
Return on assets2.8%4.3%0.7%-2.0%-3.5%1.0%-1.2%
Return on equity5.3%8.4%1.5%-4.5%-7.9%1.8%-0.7%
Debt / equity0.26×0.36×0.50×0.56×0.62×0.38×—
Current ratio1.041.071.020.991.451.170.25

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.