NESR (National Energy Services Reunited) Pre-Tax Income : $59.3 Mil (TTM As of Sep. 2024)

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What is National Energy Services Reunited Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. National Energy Services Reunited's pretax income for the three months ended in Sep. 2024 was $25.9 Mil. Its pretax income for the trailing twelve months (TTM) ended in Sep. 2024 was $59.3 Mil. National Energy Services Reunited's pretax margin was 7.71%.

During the past 7 years, National Energy Services Reunited's highest Pretax Margin was 7.96%. The lowest was -6.91%. And the median was 2.60%.

National Energy Services Reunited Pre-Tax Income Historical Data

The historical data trend for National Energy Services Reunited's Pre-Tax Income 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.

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National Energy Services Reunited Pre-Tax Income Chart

National Energy Services Reunited Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

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52.44

29.10

-60.58

-29.80

29.85

National Energy Services Reunited Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Dec22	Jun23	Sep23	Dec23	Jun24	Sep24
Pre-Tax Income	Get a 7-Day Free Trial															6.34	17.48	8.49	24.86	25.91

Competitive Comparison of National Energy Services Reunited's Pre-Tax Income

For the Oil & Gas Equipment & Services subindustry, National Energy Services Reunited's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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.

National Energy Services Reunited's Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, National Energy Services Reunited's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where National Energy Services Reunited's Pre-Tax Income falls into.

National Energy Services Reunited Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

National Energy Services Reunited's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	80.703	+	-5.031	+	-45.826	+	0	+	-3.5527136788005E-15
	=	29.8

National Energy Services Reunited's Pretax Income for the quarter that ended in Sep. 2024 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	35.448	+	0.394	+	-9.933	+	0	+	0
	=	25.9

Pre-Tax Income for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $59.3 Mil.

National Energy Services Reunited (NAS:NESR) Pre-Tax Income Explanation

National Energy Services Reunited's Pretax Margin for the quarter that ended in Sep. 2024 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	25.909	/	336.205
	=	7.71%

During the past 7 years, National Energy Services Reunited's highest Pretax Margin was 7.96%. The lowest was -6.91%. And the median was 2.60%.

National Energy Services Reunited Pre-Tax Income Related Terms

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National Energy Services Reunited Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » National Energy Services Reunited Corp (NAS:NESR) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

777 Post Oak Boulevard, Suite 730, 7th Floor, Houston, TX, USA, 77056

Website

https://www.nesr.com

National Energy Services Reunited Corp is a British Virgin Islands-based company engaged in providing products and services to the oil and gas industry in the Middle East and North Africa and the Asia Pacific regions. The company has two reportable segments: Production Services including coil tubing, stimulation, and pumping, nitrogen services, completions, pipelines, cementing, laboratory services and filtration services; and Drilling and Evaluation Services including drilling and workover rigs, rig services, services, and well-testing services among others. Revenues are majorly derived from production services of an oil or natural gas well.

Executives

Melissa Cougle	officer: Chief Financial Officer	777 POST OAK BLVD., 7TH FLOOR, HOUSTON TX 77056
Adnan Ghabris	director	PO BOX 346036 DUBAI C0 00000
Al Noaimi Salem Rashed Abdulla Ali	director	AERCAP HOUSE, 65 ST. STEPHEN'S GREEN, DUBLIN L2 2
Capital Pjsc Waha	10 percent owner	LEVEL 42, TOWER 3, ETIHAD TOWERS PO BOX 28922 ABU DHABI C0 00000
Thomas D Wood	director, 10 percent owner, officer: CFO	NATIONAL ENERGY SERVICES REUNITED CORP., 777 POST OAK BLVD, HOUSTON TX 77056
Campo Mejia Antonio J	director	NATIONAL ENERGY SERVICES REUNITED CORP. 777 POST OAK BLVD. HOUSTON TX 77056
Waha Energy Ltd	10 percent owner	C/O MAPLES CORPORATE SERVICES LIMITED PO BOX 309, UGLAND HOUSE GRAND CAYMAN E9 KY1-1104
Nesr Spv Ltd	10 percent owner	C/O MAPLES CORPORATE SERVICES LIMITED PO BOX 309, UGLAND HOUSE GRAND CAYMAN E9 KY1-1104
Olayan Saudi Holding Co	10 percent owner	P.O. BOX 8772, OLAYAN CENTER, AHSAA STREET RIYADH T0 11492
Olayan Financing Co Ltd.	10 percent owner	P.O. BOX 8772, OLAYAN CENTER, AHSAA STREET RIYADH T0 11492
Christine J Morris	officer: Chief Financial Officer	NATIONAL ENERGY SERVICES REUNITED CORP. 777 POST OAK BLVD., 7TH FLOOR HOUSTON TX 77056
Olayan International Ltd	10 percent owner	C/O 111 POSEIDONOS AVE., GLYFADA ATHENS J3 166 10
Olayan Investments Co Establishment	10 percent owner	111 POSEIDONOS AVENUE GLYFADA ATHENS J3 166 10
Sherif Foda	director, 10 percent owner, officer: CEO	C/O SCHLUMBERGER LIMITED, 5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Nesr Holdings Ltd.	10 percent owner	RITTER HOUSE WICKHAMS CAY II, ROAD TOWN TORTOLA D8 VG1110