Nabors Historical Income Statement
NBR Stock | USD 74.23 3.87 5.50% |
Historical analysis of Nabors Industries income statement accounts such as Gross Profit of 687.8 M can show how well Nabors Industries performed in making a profits. Evaluating Nabors Industries income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Nabors Industries's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Nabors Industries latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Nabors Industries is a good buy for the upcoming year.
Nabors |
About Nabors Income Statement Analysis
Nabors Industries Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Nabors Industries shareholders. The income statement also shows Nabors investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Nabors Industries Income Statement Chart
Nabors Industries Income Statement is one of the three primary financial statements used for reporting Nabors's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Nabors Industries revenue and expense. Nabors Industries Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Nabors Industries' Discontinued Operations is relatively stable compared to the past year. As of 05/05/2024, Non Operating Income Net Other is likely to grow to about 23.7 M, while Interest Expense is likely to drop slightly above 130.6 M. Add Fundamental
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Nabors Industries. It is also known as Nabors Industries overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Nabors Industries income statement and represents the costs associated with goods and services Nabors Industries provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from Nabors Industries' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Nabors Industries current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nabors Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in Nabors Stock, please use our How to Invest in Nabors Industries guide.At this time, Nabors Industries' Discontinued Operations is relatively stable compared to the past year. As of 05/05/2024, Non Operating Income Net Other is likely to grow to about 23.7 M, while Interest Expense is likely to drop slightly above 130.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 171.5M | 177.9M | 185.3M | 130.6M | Depreciation And Amortization | 693.4M | 665.1M | 645.3M | 467.2M |
Nabors Industries income statement Correlations
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Nabors Industries Account Relationship Matchups
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Nabors Industries income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 876.1M | 853.7M | 693.4M | 665.1M | 645.3M | 467.2M | |
Interest Expense | 204.3M | 206.3M | 171.5M | 177.9M | 185.3M | 130.6M | |
Total Revenue | 3.0B | 2.1B | 2.0B | 2.7B | 3.0B | 2.6B | |
Gross Profit | 238.0M | (52.7M) | 37.3M | 322.7M | 570.3M | 687.8M | |
Other Operating Expenses | 3.1B | 2.4B | 2.2B | 2.6B | 2.7B | 2.3B | |
Operating Income | (980.4M) | (1.2B) | (944.8M) | (747.9M) | 269.9M | 283.4M | |
Ebit | (980.4M) | (1.2B) | (944.8M) | (747.9M) | 313.9M | 329.6M | |
Ebitda | (104.4M) | (318.4M) | (251.4M) | (82.8M) | 959.2M | 1.0B | |
Cost Of Revenue | 2.8B | 2.2B | 2.0B | 2.3B | 2.4B | 1.9B | |
Total Operating Expenses | 309.1M | 237.1M | 248.7M | 278.4M | 300.4M | 403.3M | |
Income Before Tax | (588.9M) | (705.6M) | (488.1M) | (245.7M) | 129.1M | 135.6M | |
Total Other Income Expense Net | 391.5M | 466.5M | 456.7M | 502.2M | (1.4M) | (1.4M) | |
Net Income | (680.5M) | (762.9M) | (543.7M) | (307.2M) | (50.2M) | (47.7M) | |
Income Tax Expense | 91.6M | 57.3M | 55.6M | 61.5M | 79.2M | 48.8M | |
Selling General Administrative | 258.7M | 203.5M | 213.6M | 228.4M | 244.1M | 340.2M | |
Extraordinary Items | (182.1M) | (14.7M) | (12K) | 7K | 20K | 0.0 | |
Net Income Applicable To Common Shares | (720.1M) | (820.3M) | (572.9M) | (350.3M) | (315.2M) | (299.5M) | |
Research Development | 50.4M | 33.6M | 35.2M | 49.9M | 56.3M | 39.5M | |
Discontinued Operations | (14.7M) | (12K) | 7K | 20K | 23K | 24.2K | |
Net Income From Continuing Ops | (680.5M) | (762.9M) | (543.7M) | (307.2M) | (12.1M) | (12.7M) | |
Non Operating Income Net Other | (5K) | (27.1M) | (51.9M) | 19.6M | 22.5M | 23.7M | |
Minority Interest | 22.4M | 42.8M | (25.6M) | 43.0M | (52.0M) | (49.4M) | |
Tax Provision | 91.6M | 57.3M | 55.6M | 61.5M | 86.1M | 90.4M | |
Interest Income | 8.4M | 4.7M | 174.7M | 15.5M | 39.5M | 37.5M | |
Net Interest Income | (195.9M) | (206.3M) | (171.5M) | (162.4M) | (140.1M) | (147.1M) | |
Reconciled Depreciation | 876.1M | 853.7M | 693.4M | 665.1M | 652.9M | 623.4M |
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Try AI Portfolio ArchitectCheck out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nabors Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. To learn how to invest in Nabors Stock, please use our How to Invest in Nabors Industries guide.Note that the Nabors Industries information on this page should be used as a complementary analysis to other Nabors Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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Is Nabors Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nabors Industries. If investors know Nabors will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nabors Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (14.42) | Revenue Per Share 323.098 | Quarterly Revenue Growth (0.06) | Return On Assets 0.0343 | Return On Equity (0.02) |
The market value of Nabors Industries is measured differently than its book value, which is the value of Nabors that is recorded on the company's balance sheet. Investors also form their own opinion of Nabors Industries' value that differs from its market value or its book value, called intrinsic value, which is Nabors Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nabors Industries' market value can be influenced by many factors that don't directly affect Nabors Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nabors Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Nabors Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nabors Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.