National Energy Services Reunited annual debt-to-ebitda ratio
2020
2021
2022
2023
2024
2025
National Energy Services Reunited Debt-to-EBITDA Ratio Growth & History (NESR)
National Energy Services Reunited's debt-to-ebitda ratio was 1.39 for fiscal 2025.
View full National Energy Services Reunited company overviewNational Energy Services Reunited annual debt-to-ebitda ratio history
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.39 | −0.09 | −5.97% |
| 2024 | 2024-12-31 | 1.48 | −0.73 | −33.08% |
| 2023 | 2023-12-31 | 2.21 | −2.74 | −55.39% |
| 2022 | 2022-12-31 | 4.95 | −2.70 | −35.26% |
| 2021 | 2021-12-31 | 7.65 | 4.90 | +178.27% |
| 2020 | 2020-12-31 | 2.75 | — | — |
National Energy Services Reunited quarterly debt-to-ebitda ratio
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-EBITDA ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.03 | −0.36 | −26.06% |
| Q1 2026 | 2026-03-31 | 1.23 | −0.17 | −11.99% |
| Q4 2025 | 2025-12-31 | 1.39 | −0.09 | −5.97% |
| Q3 2025 | 2025-09-30 | 1.39 | — | — |
| Q2 2025 | 2025-06-30 | 1.39 | — | — |
| Q1 2025 | 2025-03-31 | 1.40 | — | — |
| Q4 2024 | 2024-12-31 | 1.48 | — | — |
| Q4 2021 | 2021-12-31 | 7.65 | 4.90 | +178.27% |
| Q3 2021 | 2021-09-30 | 3.28 | — | — |
| Q2 2021 | 2021-06-30 | 2.96 | — | — |
| Q1 2021 | 2021-03-31 | 0.02 | — | — |
| Q4 2020 | 2020-12-31 | 2.75 | — | — |
National Energy Services Reunited debt-to-ebitda ratio trends
Over the last five fiscal years, National Energy Services Reunited's debt-to-ebitda ratio decreased from 2.75 to 1.39, a change of −1.36. The latest reported quarter, Q2 2026, shows 1.03.
About the metric
What the debt-to-EBITDA ratio means
Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.
Calculation and source
How debt-to-EBITDA is calculated
TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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