Company Analysis

Nabors Industries Ltd. (NBR)

NYSE: NBR · Drilling Oil & Gas Wells · Hamilton, Hm08, BM · filing with the SEC since 2002
Grade5.0
◀ Past 3.0● Present 5.4▶ Future 6.4

The grade of Nabors Industries Ltd.

Nine metrics read from its own filings, by tense
Headline grade
5.0/10
◀ Past3.030% of the headline
● Present5.440% of the headline
▶ Future6.430% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

3.0/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
2.9/10

Has it survived what it has been through?

3 warning events since 2017; the latest 2020-04-09.

weight 33% of this tense · 29th percentile among 12 sector filers · read for itself

From the record

Nabors Industries Ltd.'s filings since 2017 show 3 warning events of 2 kinds: a debt default or acceleration notice (8-K item 2.04, 2 times, the latest 2018-06-11); a notice about its exchange listing (8-K item 3.01, the latest 2020-04-09) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.5/10

What has it actually done, year after year?

+4.1% a year over 10 filed years; profitable in 1 of 10.

weight 45% of this tense · 35th percentile among 11 sector filers · read for its customers

From the record

Nabors Industries Ltd.'s 10 filed years say what it did: revenue went from $2.2 billion in fiscal 2016 to $3.2 billion in fiscal 2025, up 4.1% a year; it rose in 5 of 9 years; the deepest fall was 34% from fiscal 2018 to fiscal 2021; net income was positive in 1 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span4.1%bottom 41% of its family
  • the share of years revenue rosebottom 23% of its family
  • the share of filed years with a profitbottom 9% of its family
  • the deepest fall from a revenue peak34.0%top 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
2.3/10

How has it treated the people who own it?

Share count grew 17.4% a year. 0% of cash flow returned. Insiders: 1 sales, 1 purchases.

weight 22% of this tense · 23rd percentile among 11 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Nabors Industries Ltd.'s diluted share count grew about 17.4% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 1 sale and 1 purchase of their own stock on the open market in the year to 2026-10-02, buying about $501 thousand (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 23% of its family
  • cash returned against operating cash flowbottom 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.4/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
3.2/10

Is it financially healthy right now?

ROE 30%: 30¢ of profit per shareholder dollar. Leverage 80%: owes 80¢ per asset dollar.

weight 33% of this tense · 32nd percentile among 11 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Nabors Industries Ltd. earned about 30 cents of profit for every dollar of shareholders' money. Leverage: it owed about 80 cents per dollar of assets, and net share issuance: its share count grew 56.7% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 5% of its family
  • return on equitytop 14% of its family
  • the share count against the year beforebottom 5% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
5.6/10

How strong is its position in its industry?

top 44% of 11 in its family; net margin 9%.

weight 45% of this tense · 56th percentile among 11 sector filers · read for its customers

From the record

Nabors Industries Ltd.'s standing among 11 graded names in its industry family: revenue of $3.2 billion in fiscal 2025 ranks in the top 50% by size; a net margin of 9% ranks in the top 14%; revenue growth of 6.3% a year over the last 3 filed years ranks in the bottom 32% (its annual reports).

What it rests on

  • revenue against the family$3.18Btop 50% of its family
  • net margin9.0%top 14% of its family
  • three-year revenue growth6.3%bottom 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
8.4/10

What are the people in charge doing?

top 16% of 7 in its family for leadership; chief executive since 2011.

weight 22% of this tense · 84th percentile among 7 sector filers · read for its shareholders

From the record

Nabors Industries Ltd.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Petrello, Anthony G (CHAIRMAN, PRESIDENT & CEO, as filed), filing under that title since 2011-12-28, 14.9 years (top 7% of its family); the 11 officers and directors filing in the last fifteen months have been on the record a median of 13.3 years (top 8%); 3 officer or director changes were reported on Form 8-K since 2023-11-13, against the 11 people in charge now (top 33%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge3 in three years among 11 peopletop 33% of its family
  • the median years the people in charge have filed13.3 yearstop 8% of its family
  • the chief executive's years on the record14.9 yearstop 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

6.4/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.3/10

How much room does it have to grow?

bottom 43% of 11 in its family for room to expand.

weight 22% of this tense · 43rd percentile among 11 sector filers · read for itself

From the record

Nabors Industries Ltd.'s room to grow, from the newest filed statements (fiscal 2025): cash of $941 million against debt of $2.1 billion leaves -24.6% of its assets as net cash, bottom 41% of its family; cash from operations less capital spending is -0.1% of revenue (bottom 14%); research spending of 1.7% of revenue (top 25%) (its annual report).

What it rests on

  • cash less debt against assets-24.6%bottom 41% of its family
  • cash from operations less capital spending against revenue-0.1%bottom 14% of its family
  • research spending against revenue1.7%top 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
5.9/10

What could actually drive growth from here?

top 41% of 11 in its family for growth drivers.

weight 45% of this tense · 59th percentile among 11 sector filers · read for its customers

From the record

Nabors Industries Ltd.'s growth drivers, from the filed years to fiscal 2025: revenue grew 6.3% a year over the last three filed years against 4.1% over all 10, speeding up (bottom 41% of its family); the newest year grew 8.7% (top 23%); research spending grew 2% a year (bottom 25%); capital spending grew 22.1% a year (top 7%) (its annual reports). Nabors Industries Ltd. reported 5 lines of business in fiscal 2025: International Excluding Canada at $1.6 billion, US at $977 million, Drilling Solutions at $513 million, and 2 more. 3 of 5 grew in the latest filed year, and the largest line is 50% of revenue (its annual report).

What it rests on

  • three-year growth against the whole span+2.2 points a yearbottom 41% of its family
  • the newest year's revenue growth8.7%top 23% of its family
  • three-year growth of research spending2.0%bottom 25% of its family
  • three-year growth of capital spending22.1%top 7% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
8.3/10

Did its newest year beat what its own record pointed to?

top 17% of 11 in its family for expectations against reality.

weight 33% of this tense · 83rd percentile among 11 sector filers · read for its shareholders

From the record

Nabors Industries Ltd.'s newest year against its own record: revenue of $3.2 billion in fiscal 2025 came in 3.4% above the $3.1 billion its prior three years' pace pointed to (top 23% of its family); net income of $287 million against a prior three-year average of $179 million (top 5%); a net margin of 9% against -6.5% before (top 23%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace3.4%top 23% of its family
  • net income against the prior three years' average+260%top 5% of its family
  • net margin against its prior average+15.5 pointstop 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton NBR · research, not advice