Nabors Industries stock kpis
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Adjusted Operating Income by Segment
Measures profit from each business unit after excluding one-time items and accounting noise. Reveals which segments generate real earnings, where margins are improving or deteriorating, and how changes in dayrates, utilization, or cost control could affect the company’s ability to convert revenue into cash.
International Drilling has flipped into the company’s clearest and most durable profit engine, sustaining growth through mid‑2026, while US Drilling—after a strong 2022–23 recovery—has trended down toward a more normalized, lower contribution, exposing Nabors to softer domestic activity. Drilling Solutions remains a steady margin driver but displayed a sharp mid‑2025 spike that looks like contract/timing noise rather than new baseline growth. Meanwhile, the “Other” line has become a material and persistent drag since 2024; management needs to stop those corporate/legacy losses or consolidated earnings will be vulnerable despite core segment strength.
NBR Adjusted Operating Income by Segment
| Date | Other | US Drilling | Canada Drilling | International Drilling | Drilling Solutions | Rig Technologies |
|---|---|---|---|---|---|---|
| Sep 30, 2026 | -$51.05M | $33.38M | $0.00 | $64.28M | $36.15M | $3.04M |
| Jun 30, 2026 | -$49.33M | $30.96M | $0.00 | $45.86M | $32.13M | $1.50M |
| Mar 31, 2026 | -$46.74M | $24.62M | $0.00 | $40.76M | $31.87M | -$1.89M |
| Dec 31, 2025 | -$51.19M | $28.56M | $0.00 | $49.64M | $34.02M | $1.34M |
| Sep 30, 2025 | -$51.80M | $31.43M | $0.00 | $45.48M | $49.98M | $877.00K |
| Jun 30, 2025 | -$54.53M | $39.79M | $0.00 | $36.05M | $50.37M | $1.72M |
| Mar 31, 2025 | -$50.10M | $31.60M | $0.00 | $32.96M | $32.91M | $4.33M |
| Dec 31, 2024 | -$41.66M | $38.97M | $0.00 | $29.53M | $28.94M | $8.41M |
| Sep 30, 2024 | -$43.38M | $41.69M | $0.00 | $32.18M | $29.23M | $2.76M |
| Jun 30, 2024 | -$43.02M | $45.09M | $0.00 | $23.67M | $27.32M | $4.86M |
| Mar 31, 2024 | -$40.78M | $50.53M | $0.00 | $22.48M | $26.89M | $4.21M |
| Dec 31, 2023 | $0.00 | $51.49M | $0.00 | $18.64M | $30.13M | $5.79M |
| Sep 30, 2023 | $0.00 | $49.58M | $0.00 | $9.86M | $25.34M | $5.00M |
| Jun 30, 2023 | $0.00 | $75.41M | $0.00 | $10.41M | $28.35M | $5.05M |
| Mar 31, 2023 | $0.00 | $85.87M | $0.00 | $1.96M | $27.14M | $3.69M |
| Dec 31, 2022 | $0.00 | $68.29M | $56.00K | $1.75M | $24.80M | $6.12M |
| Sep 30, 2022 | $0.00 | $37.78M | -$9000.00 | -$907.00K | $20.10M | $3.41M |
| Jun 30, 2022 | $0.00 | $8.29M | -$15.00K | $4.61M | $18.26M | $2.13M |
| Mar 31, 2022 | $0.00 | -$5.85M | -$19.00K | -$6.33M | $14.71M | -$2.75M |
| Dec 31, 2021 | $0.00 | -$12.59M | $223.00K | -$5.75M | $12.93M | $1.49M |
| Sep 30, 2021 | $0.00 | -$19.70M | $1.37M | -$7.30M | $8.61M | $1.93M |
| Jun 30, 2021 | $0.00 | -$20.87M | -$2.61M | -$8.44M | $6.52M | -$692.00K |
| Mar 31, 2021 | $0.00 | -$23.34M | $3.91M | -$18.63M | $4.71M | -$2.57M |
