National Energy Services Reunited annual debt-to-equity ratio
2018
2019
2020
2021
2022
2023
2024
2025
National Energy Services Reunited Debt-to-Equity Ratio Growth & History (NESR)
National Energy Services Reunited's debt-to-equity ratio was 0.34 for fiscal 2025.
View full National Energy Services Reunited company overviewNational Energy Services Reunited annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.34 | −0.11 | −24.49% |
| 2024 | 2024-12-31 | 0.46 | −0.14 | −23.85% |
| 2023 | 2023-12-31 | 0.60 | −0.11 | −15.48% |
| 2022 | 2022-12-31 | 0.71 | −0.02 | −3.37% |
| 2021 | 2021-12-31 | 0.73 | 0.28 | +61.67% |
| 2020 | 2020-12-31 | 0.45 | −0.02 | −4.10% |
| 2019 | 2019-12-31 | 0.47 | 0.11 | +30.18% |
| 2018 | 2018-12-31 | 0.36 | — | — |
National Energy Services Reunited quarterly debt-to-equity ratio
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q4.22
Q4.23
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.29 | −0.12 | −29.15% |
| Q1 2026 | 2026-03-31 | 0.31 | −0.11 | −26.29% |
| Q4 2025 | 2025-12-31 | 0.34 | −0.11 | −24.49% |
| Q3 2025 | 2025-09-30 | 0.37 | −0.13 | −25.66% |
| Q2 2025 | 2025-06-30 | 0.41 | −0.10 | −20.53% |
| Q1 2025 | 2025-03-31 | 0.43 | — | — |
| Q4 2024 | 2024-12-31 | 0.46 | −0.14 | −23.85% |
| Q3 2024 | 2024-09-30 | 0.50 | — | — |
| Q2 2024 | 2024-06-30 | 0.51 | — | — |
| Q4 2023 | 2023-12-31 | 0.60 | −0.11 | −15.48% |
| Q4 2022 | 2022-12-31 | 0.71 | −0.02 | −3.37% |
| Q4 2021 | 2021-12-31 | 0.73 | 0.28 | +61.67% |
| Q3 2021 | 2021-09-30 | 0.48 | 0.01 | +1.43% |
| Q2 2021 | 2021-06-30 | 0.46 | 0.41 | +928.75% |
| Q1 2021 | 2021-03-31 | 0.00 | −0.46 | −99.47% |
| Q4 2020 | 2020-12-31 | 0.45 | −0.02 | −4.10% |
| Q3 2020 | 2020-09-30 | 0.47 | 0.04 | +10.53% |
| Q2 2020 | 2020-06-30 | 0.04 | −0.38 | −89.46% |
| Q1 2020 | 2020-03-31 | 0.46 | 0.13 | +39.50% |
| Q4 2019 | 2019-12-31 | 0.47 | 0.11 | +30.18% |
| Q3 2019 | 2019-09-30 | 0.42 | 0.07 | +21.46% |
| Q2 2019 | 2019-06-30 | 0.42 | 0.19 | +78.57% |
| Q1 2019 | 2019-03-31 | 0.33 | — | — |
| Q4 2018 | 2018-12-31 | 0.36 | — | — |
| Q3 2018 | 2018-09-30 | 0.35 | — | — |
| Q2 2018 | 2018-06-30 | 0.24 | — | — |
National Energy Services Reunited debt-to-equity ratio trends
Over the last five fiscal years, National Energy Services Reunited's debt-to-equity ratio decreased from 0.45 to 0.34, a change of −0.11. The latest reported quarter, Q2 2026, shows 0.29.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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