Financial Snapshot

Revenue
$1.005B
TTM
Gross Margin
16.49%
TTM
Net Earnings
$66.33M
TTM
Current Assets
Q4 2024
Current Liabilities
Q4 2024
Current Ratio
107.35%
Q4 2024
Total Assets
Q4 2024
Total Liabilities
Q4 2024
Book Value
$908.2M
Q4 2024
Cash
Q4 2024
P/E
8.354
Nov 29, 2024 EST
Free Cash Flow
$124.2M
TTM

Revenues

Revenues

Revenue YoY Change

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Revenue $1.302B $1.146B $909.5M $876.7M $834.1M $658.4M $485.6M $0.00
YoY Change 13.6% 25.99% 3.74% 5.11% 26.69% 35.58%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Revenue $1.302B $1.146B $909.5M $876.7M $834.1M $658.4M $485.6M $0.00
Cost Of Revenue $1.093B $997.3M $844.0M $873.9M $678.7M $506.8M $353.4M
Gross Profit $208.7M $148.7M $65.48M $2.781M $155.4M $151.6M $132.2M
Gross Profit Margin 16.03% 12.97% 7.2% 0.32% 18.63% 23.03% 27.22%

Selling, General & Admin Expense

Research & Development

No data

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

No data

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operating Profits/Loss YoY Change

Operating Earnings to Gross Profit Ratio

Operating Profit Margin

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Selling, General & Admin $52.20M $49.17M $47.53M $28.07M $71.00M $63.80M $56.70M
YoY Change 6.15% 3.46% 69.32% -60.46% 11.29% 12.52%
% of Gross Profit 25.01% 33.08% 72.59% 1009.39% 45.69% 42.08% 42.89%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $142.8M $142.2M $115.8M $122.1M $120.8M $88.10M $59.70M
YoY Change 0.39% 22.78% -5.14% 1.1% 37.12% 47.57%
% of Gross Profit 68.42% 95.68% 176.92% 4391.41% 77.73% 58.11% 45.16%
Operating Expenses $52.20M $49.17M $47.53M $28.07M $86.80M $79.80M $66.10M $4.200M
YoY Change 6.15% 3.46% 69.32% -67.66% 8.77% 20.73% 1473.81%
Operating Profit $137.7M $80.70M -$917.0K -$43.33M $68.60M $71.80M $66.10M
YoY Change 70.63% -8900.76% -97.88% -163.17% -4.46% 8.62%
Operating Profit To Gross Profit 65.99% 54.29% -1.4% -1558.14% 44.14% 47.36% 50.0%
Operating Profit To Revenue 10.58% 7.04% -0.1% -4.94% 8.22% 10.91% 13.61%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Interest Expense $39.88M $45.83M $34.13M $15.17M -$15.90M -$19.00M -$18.50M $1.300M
YoY Change -12.97% 34.28% 124.9% -195.43% -16.32% 2.7% -1523.08%
% of Operating Profit 28.96% 56.78% -23.18% -26.46% -27.99%
Other Income/Expense, Net $2.975M -$4.131M $5.242M -$2.073M $9.100M -$400.0K $5.800M $0.00
YoY Change -172.02% -178.81% -352.87% -122.78% -2375.0% -106.9%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Pretax Income $95.50M $29.85M -$29.80M -$60.58M $60.80M $52.40M $53.50M -$2.900M
YoY Change 219.97% -200.15% -50.81% -199.64% 16.03% -2.06% -1944.83%
Income Tax $19.19M $17.27M $6.619M $3.989M $10.70M $13.10M $11.80M
% Of Pretax Income 20.09% 57.85% 17.6% 25.0% 22.06%
Net Earnings $76.31M $12.58M -$36.42M -$64.57M $50.10M $39.40M $42.80M -$2.900M
YoY Change 506.6% -134.54% -43.59% -228.88% 27.16% -7.94% -1575.86%
Net Earnings / Revenue 5.86% 1.1% -4.0% -7.36% 6.01% 5.98% 8.81%
Basic Earnings Per Share $0.80 $0.13 -$0.39 -$0.71 $0.19
Diluted Earnings Per Share $0.80 $0.13 -$0.39 -$0.71 $562.9K $452.9K $492.5K -$101.0K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Cash & Short-Term Investments $108.0M $67.82M $78.85M $205.8M $75.00M $73.20M $24.90M $700.0K
YoY Change 59.18% -13.99% -61.68% 174.36% 2.46% 193.98% 3457.14%
Cash & Equivalents $108.0M $67.82M $78.85M $205.8M $75.00M $73.20M $24.90M
Short-Term Investments $0.00
Other Short-Term Assets $48.31M $68.42M $51.27M $53.58M $52.20M $62.00M $58.80M $100.0K
YoY Change -29.38% 33.43% -4.31% 2.65% -15.81% 5.44% 58700.0%
Inventory $96.77M $98.43M $110.5M $93.86M $94.30M $78.80M $58.20M
Prepaid Expenses
Receivables $249.0M $267.3M $258.9M $238.9M $275.3M $175.1M $157.8M
Other Receivables $38.48M $39.78M $38.27M $35.25M $18.40M $14.10M $0.00
Total Short-Term Assets $540.5M $541.7M $537.8M $627.4M $515.2M $403.2M $299.6M $900.0K
YoY Change -0.22% 0.73% -14.27% 21.77% 27.78% 34.58% 33188.89%
Property, Plant & Equipment $464.2M $474.3M $491.0M $425.5M $437.7M $419.3M $328.7M
YoY Change -2.13% -3.41% 15.4% -2.79% 4.39% 27.56%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $230.6M
YoY Change
Other Assets $58.18M $52.33M $51.47M $11.71M $2.800M $2.400M $6.300M
YoY Change 11.18% 1.67% 339.68% 318.11% 16.67% -61.9%
Total Long-Term Assets $1.233B $1.256B $1.291B $1.204B $1.172B $1.119B $1.044B $230.5M
YoY Change -1.82% -2.67% 7.19% 2.73% 4.71% 7.23% 352.8%
Total Assets $1.774B $1.798B $1.828B $1.831B $1.687B $1.522B $1.343B $231.4M
YoY Change
Accounts Payable $305.3M $351.2M $353.5M $314.6M $144.6M $65.70M $66.30M $3.500M
YoY Change -13.08% -0.65% 12.39% 117.54% 120.09% -0.9% 1794.29%
Accrued Expenses $5.449M $7.406M $6.263M $0.00 $73.80M $69.10M $39.00M
YoY Change -26.42% 18.25% -100.0% 6.8% 77.18%
Deferred Revenue
YoY Change
Short-Term Debt $59.72M $48.89M $89.89M $78.32M $42.40M $38.00M $31.80M $0.00
YoY Change 22.15% -45.61% 14.77% 84.71% 11.58% 19.5%
Long-Term Debt Due $74.07M $75.15M $55.62M $13.16M $69.80M $35.50M $45.10M
YoY Change -1.43% 35.11% 322.81% -81.15% 96.62% -21.29%
Total Short-Term Liabilities $503.5M $533.4M $544.1M $431.9M $359.4M $228.1M $223.1M $3.500M
YoY Change -5.61% -1.95% 25.98% 20.16% 57.56% 2.24% 6274.29%
Long-Term Debt $254.4M $335.7M $392.1M $511.0M $311.8M $343.7M $225.2M $0.00
YoY Change -24.22% -14.38% -23.27% 63.88% -9.28% 52.62%
Other Long-Term Liabilities $101.9M $107.1M $89.86M $58.53M $50.40M $37.90M $33.30M $9.000M
YoY Change -4.85% 19.2% 53.51% 16.14% 32.98% 13.81% 270.0%
Total Long-Term Liabilities $356.3M $442.8M $481.9M $569.5M $362.2M $381.6M $258.5M $9.000M
YoY Change -19.53% -8.12% -15.38% 57.23% -5.08% 47.62% 2772.22%
Total Liabilities $865.4M $976.2M $1.026B $1.010B $742.6M $635.9M $512.4M $12.50M
YoY Change -11.35% -4.85% 1.56% 36.04% 16.78% 24.1% 3999.2%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

No data

Preferred Stock

No data

Treasury Stock Shares

No data

Stock Issuance & Repurchase

Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018 2017
Basic Shares Outstanding 95.47M shares 94.75M shares 92.96M shares 91.04M shares 88.85M shares
Diluted Shares Outstanding 95.74M shares 94.75M shares 92.96M shares 91.04M shares 89.12M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Dividends

No data

Stock Price

Market Cap: $554.07 Million

About National Energy Services Reunited Corp

National Energy Services Reunited Corp. is a holding company, which engages in the provision of oilfield services. The company is headquartered in Houston, Texas. The company went IPO on 2017-05-17. The firm offers a range of production services, such as hydraulic fracturing, coiled tubing, stimulation, and pumping, cementing, nitrogen services, filtration services, pipelines and industrial services, production assurance, artificial lift services, and completions and integrated production management. The company also provides drilling and evaluation services, such as rigs and integrated services, fishing and downhole tools, thru-tubing intervention, tubular running services, directional drilling, drilling fluids, pressure control, well testing services, wireline logging services, and slickline services. The firm has significant operations throughout the MENA region including Saudi Arabia, Oman, Kuwait, United Arab Emirates, Algeria, Egypt, Libya, Iraq, and Qatar.

Industry: Oil & Gas Field Services, NEC Peers: Bristow Group Inc Helix Energy Solutions Group Inc DMC Global Inc Innovex International Inc Oceaneering International Inc Schlumberger NV Select Water Solutions Inc Solaris Energy Infrastructure, Inc. Tetra Technologies Inc