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Nabors Industries Ltd. (NBRWF) Stock Fundamental Analysis & AI Rating 2026

NBRWF NYSE Drilling Oil & Gas Wells D0 CIK: 0001163739
Recently Updated • Analysis: Apr 13, 2026 • SEC Data: 2025-12-31
Combined AI Rating
BUY
70% Confidence
AGREEMENT
BUY
70% Conf
HOLD
70% Conf

📊 NBRWF Key Takeaways

Revenue: $3.2B
Net Margin: 9.0%
Free Cash Flow: $-22.7M
Current Ratio: 1.56x
Debt/Equity: 3.58x
EPS: $17.39
AI Rating: BUY with 70% confidence
Nabors Industries Ltd. (NBRWF) receives a BUY rating with 70% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $3.2B, net profit margin of 9.0%, and return on equity (ROE) of 48.5%, Nabors Industries Ltd. demonstrates strong fundamentals in the Energy sector. Below is our complete NBRWF stock analysis for 2026.

Is Nabors Industries Ltd. (NBRWF) a Good Investment?

Claude

Nabors demonstrates strong fundamental momentum with revenue up 8.7% YoY and net income accelerating 15.9%, supported by healthy operating margins of 14.8% and substantial operating cash flow of $693.3M. However, structural concerns including negative free cash flow (-$22.7M), elevated debt-to-equity leverage of 3.58x, and exposure to cyclical commodity drilling demand limit upside and create downside vulnerability.

ChatGPT

Profitability is improving with mid‐single digit revenue growth, expanding margins, and strong interest coverage supported by ample cash and sound liquidity. However, leverage remains elevated and heavy capex kept free cash flow slightly negative, making cash generation and balance sheet de‑risking the main swing factors. A neutral stance is prudent until sustained positive FCF and deleveraging are evident.

Why Buy Nabors Industries Ltd. Stock? NBRWF Key Strengths

Claude
  • + Strong net income growth of 15.9% YoY outpacing revenue growth indicating operational leverage
  • + Healthy liquidity position with current ratio of 1.56x and $940.7M cash reserves
  • + Solid interest coverage of 9.4x demonstrates debt servicability despite high leverage
  • + Robust operating cash flow of $693.3M supporting capital intensity of the business
ChatGPT
  • + Improving profitability (14.8% operating margin, 9.0% net margin)
  • + Strong interest coverage (9.4x) indicating solid debt service capacity
  • + Healthy liquidity (1.56x current, 1.47x quick) and ~$941M cash

NBRWF Stock Risks: Nabors Industries Ltd. Investment Risks

Claude
  • ! Negative free cash flow of -$22.7M despite strong operating cash generation indicates capex exceeds operating cash, creating sustainability concerns
  • ! Excessive debt-to-equity ratio of 3.58x leaves limited financial flexibility for sector downturns or economic shocks
  • ! High cyclicality in oil and gas drilling sector with earnings exposed to commodity price volatility and rig utilization rates
  • ! Capital expenditure of $715.9M exceeding operating cash flow suggests dependence on refinancing or asset sales in declining markets
ChatGPT
  • ! High leverage (3.58x debt/equity; $2.12B long-term debt)
  • ! Negative free cash flow due to heavy capex (-0.7% FCF margin)
  • ! Cyclical exposure to drilling day-rates and utilization

Key Metrics to Watch

Claude
  • * Free cash flow trend and cash conversion ratio relative to net income
  • * Debt-to-equity ratio and net leverage reduction trajectory
  • * Operating cash flow stability amid commodity price and rig utilization changes
  • * Capital expenditure efficiency and return on invested capital
ChatGPT
  • * Free cash flow (FCF margin and capex intensity)
  • * Net leverage (Debt/Equity or Net debt/EBITDA)

Nabors Industries Ltd. (NBRWF) Financial Metrics & Key Ratios

Revenue
$3.2B
Net Income
$286.6M
EPS (Diluted)
$17.39
Free Cash Flow
$-22.7M
Total Assets
$4.8B
Cash Position
$940.7M

💡 AI Analyst Insight

Nabors Industries Ltd. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

NBRWF Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 14.8%
Net Margin 9.0%
ROE 48.5%
ROA 6.0%
FCF Margin -0.7%

NBRWF vs Energy Sector: How Nabors Industries Ltd. Compares

How Nabors Industries Ltd. compares to Energy sector averages

Net Margin
NBRWF 9.0%
vs
Sector Avg 12.0%
NBRWF Sector
ROE
NBRWF 48.5%
vs
Sector Avg 14.0%
NBRWF Sector
Current Ratio
NBRWF 1.6x
vs
Sector Avg 1.3x
NBRWF Sector
Debt/Equity
NBRWF 3.6x
vs
Sector Avg 0.6x
NBRWF Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Nabors Industries Ltd. Stock Overvalued? NBRWF Valuation Analysis 2026

Based on fundamental analysis, Nabors Industries Ltd. has mixed fundamental signals relative to the Energy sector in 2026.

Return on Equity
48.5%
Sector avg: 14%
Net Profit Margin
9.0%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
3.58x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Nabors Industries Ltd. Balance Sheet: NBRWF Debt, Cash & Liquidity

Current Ratio
1.56x
Quick Ratio
1.47x
Debt/Equity
3.58x
Debt/Assets
70.0%
Interest Coverage
9.35x
Long-term Debt
$2.1B

NBRWF Revenue & Earnings Growth: 5-Year Financial Trend

NBRWF 5-year financial data: Year 2021: Revenue $3.0B, Net Income -$702.9M, EPS $-105.39. Year 2022: Revenue $2.7B, Net Income -$805.6M, EPS $-118.69. Year 2023: Revenue $3.0B, Net Income -$569.3M, EPS $-76.58. Year 2024: Revenue $3.0B, Net Income -$350.3M, EPS $-40.52. Year 2025: Revenue $3.2B, Net Income -$11.8M, EPS $-5.49.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Nabors Industries Ltd.'s revenue has shown modest growth of 5% over the 5-year period. The most recent EPS of $-5.49 indicates the company is currently unprofitable.

NBRWF Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-0.7%
Free cash flow / Revenue

NBRWF Quarterly Earnings & Performance

Quarterly financial performance data for Nabors Industries Ltd. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $731.8M -$55.8M $-6.86
Q2 2025 $734.8M $2.1M $-1.01
Q1 2025 $733.7M $33.0M $2.18
Q3 2024 $731.8M $4.9M $-2.79
Q2 2024 $734.8M $4.6M $-0.31
Q1 2024 $733.7M -$34.3M $4.11
Q3 2023 $694.1M $4.9M $-1.80
Q2 2023 $630.9M $4.6M $-0.31

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Nabors Industries Ltd. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$693.3M
Cash generated from operations
Stock Buybacks
$4.5M
Shares repurchased (TTM)
Capital Expenditures
$715.9M
Investment in assets
Dividends Paid
$1.0M
Returned to shareholders

NBRWF SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Nabors Industries Ltd. (CIK: 0001163739)

📋 Recent SEC Filings

Date Form Document Action
Apr 7, 2026 8-K tm2611318d1_8k.htm View →
Feb 24, 2026 4 xslF345X05/form4.xml View →
Feb 19, 2026 4 xslF345X05/form4.xml View →
Feb 17, 2026 4 xslF345X05/form4.xml View →
Feb 13, 2026 10-K nbr-20251231x10k.htm View →

Frequently Asked Questions about NBRWF

What is the AI rating for NBRWF?

Nabors Industries Ltd. (NBRWF) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (HOLD) with 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are NBRWF's key strengths?

Claude: Strong net income growth of 15.9% YoY outpacing revenue growth indicating operational leverage. Healthy liquidity position with current ratio of 1.56x and $940.7M cash reserves. ChatGPT: Improving profitability (14.8% operating margin, 9.0% net margin). Strong interest coverage (9.4x) indicating solid debt service capacity.

What are the risks of investing in NBRWF?

Claude: Negative free cash flow of -$22.7M despite strong operating cash generation indicates capex exceeds operating cash, creating sustainability concerns. Excessive debt-to-equity ratio of 3.58x leaves limited financial flexibility for sector downturns or economic shocks. ChatGPT: High leverage (3.58x debt/equity; $2.12B long-term debt). Negative free cash flow due to heavy capex (-0.7% FCF margin).

What is NBRWF's revenue and growth?

Nabors Industries Ltd. reported revenue of $3.2B.

Does NBRWF pay dividends?

Nabors Industries Ltd. pays dividends, with $1.0M distributed to shareholders in the trailing twelve months.

Where can I find NBRWF SEC filings?

Official SEC filings for Nabors Industries Ltd. (CIK: 0001163739) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is NBRWF's EPS?

Nabors Industries Ltd. has a diluted EPS of $17.39.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is NBRWF a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Nabors Industries Ltd. has a BUY rating with 70% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is NBRWF stock overvalued or undervalued?

Valuation metrics for NBRWF: ROE of 48.5% (sector avg: 14%), net margin of 9.0% (sector avg: 12%). Higher ROE suggests strong returns relative to peers.

Should I buy NBRWF stock in 2026?

Our dual AI analysis gives Nabors Industries Ltd. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is NBRWF's free cash flow?

Nabors Industries Ltd.'s operating cash flow is $693.3M, with capital expenditures of $715.9M. FCF margin is -0.7%.

How does NBRWF compare to other Energy stocks?

Vs Energy sector averages: Net margin 9.0% (avg: 12%), ROE 48.5% (avg: 14%), current ratio 1.56 (avg: 1.3).

Is Nabors Industries Ltd. carrying too much debt?

NBRWF has a debt-to-equity ratio of 3.58x, which is above the Energy sector average of 0.6x. However, the current ratio of 1.56 suggests adequate short-term liquidity.

Why is NBRWF's return on equity (ROE) so high?

Nabors Industries Ltd. has a return on equity of 48.5%, significantly above the Energy sector average of 14%. A high ROE indicates the company is efficient at generating profits from shareholder equity. This is supported by a 9.0% net margin.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 13, 2026 | Data as of: 2025-12-31 | Powered by Claude AI