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Nabors Industries (Nabors Industries) Revenue

: $3,006 Mil (TTM As of Dec. 2023)
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Nabors Industries's revenue for the three months ended in Dec. 2023 was $726 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $3,006 Mil. Nabors Industries's Revenue per Share for the three months ended in Dec. 2023 was $79.48. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $322.10.

Warning Sign:

Nabors Industries Ltd revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of Nabors Industries was 10.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was 2.80% per year. During the past 5 years, the average Revenue per Share Growth Rate was -8.00% per year. During the past 10 years, the average Revenue per Share Growth Rate was -12.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Nabors Industries's highest 3-Year average Revenue per Share Growth Rate was 42.80% per year. The lowest was -50.70% per year. And the median was 3.80% per year.


Nabors Industries Revenue Historical Data

The historical data trend for Nabors Industries's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nabors Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,043.38 2,134.04 2,017.55 2,653.77 3,005.98

Nabors Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 760.15 779.14 767.07 733.97 725.80

Competitive Comparison

For the Oil & Gas Drilling subindustry, Nabors Industries's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nabors Industries Revenue Distribution

For the Oil & Gas industry and Energy sector, Nabors Industries's Revenue distribution charts can be found below:

* The bar in red indicates where Nabors Industries's Revenue falls into.



Nabors Industries Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,006 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nabors Industries  (NYSE:NBR) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Nabors Industries Revenue Related Terms

Thank you for viewing the detailed overview of Nabors Industries's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Nabors Industries (Nabors Industries) Business Description

Traded in Other Exchanges
Address
4 Par-la-Ville Road, Crown House, Second Floor, Hamilton, BMU, HM 08
Nabors Industries Ltd owns and operates one of the world's largest land-based drilling rig fleets and is a provider of offshore platform rigs in the United States and international markets. It also provides performance tools, directional drilling services, tubular running services, and innovative technologies. It has operations in over 15 countries, 300 actively marketed rigs for land-based drilling operations and 29 actively marketed rigs for offshore platform drilling operations in the United States and multiple international markets. The company has five reportable segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The key revenue of the company is generated from International Drilling.
Executives
John P Kotts director C/O NABORS CORPORATE SERVICES, INC., 515 W. GREENS RD., SUITE 1200, HOUSTON TX 77067
Anthony G Petrello director, officer: PRESIDENT AND COO NABORS CORP SERVICES, 515 W GREENS RD SUITE 1200`, HOUSTON TX 77067
William J Restrepo officer: Chief Financial Officer P.O. BOX 60068, HOUSTON TX 77205-0068
Tanya S Beder director 500 TOTTEN POND ROAD, 6TH FLOOR, WALTHAM MA 02451
Anthony R Chase director 10307 PACIFIC CENTER COURT, SAN DIEGO CA 92121
John Yearwood director HADRIAN HOUSE, WINCOMBLEE ROAD, NEWCASTLE UPON TYNE X0 NE6 3PL
Howard Wolf director
Dag Skattum director C/O NABORS CORPORATE SERVICES, INC., 515 W. GREENS RD., SUITE 1200, HOUSTON TX 77067
James R Crane director JAMES R CRANE, 3214 LODESTAR, HOUSTON TX 77032
Myron M Sheinfeld director NABORS CORP SERVICES, 515 W GREENS RD SUITE 1200, HOUSTON TX 77067
Michael C Linn director 650 WASHINGTON ROAD, 8TH FLOOR, PITTSBURGH PA 15228
Mark D Andrews officer: SECRETARY C/O NABORS CORPORATE SERVICES INC, 515 W. GREENS RD., SUITE 1200, HOUSTON TX 77067
Hans Schmidt director NABORS CORP SERVICES, 515 W GREENS RD SUITE 1200, HOUSTON TX 77067
John V Lombardi director C/O NABORS CORPORATE SERVICES, INC., 515 W. GREENS RD., SUITE 1200, HOUSTON TX 77067
Robert Clark Wood other: Principal Fin & Acctg Officer C/O NABORS CORPORATE SERVICES INC., 515 W. GREENS RD., SUITE 1200, HOUSTON TX 77067