National Energy Services Reunited Corp Ordinary Shares (NESR) — Financial Flexibility Index

Latest as of December 2025: 0.21x

National Energy Services Reunited Corp Ordinary Shares (NESR) has a Financial Flexibility Index of 0.21x as of December 2025. Free cash flow of $181.42 Million (operating CF $138.59 Million minus capex $42.83 Million) represents 0% of total liabilities ($883.60 Million). Check asset allocation strategy of National Energy Services Reunited Corp O to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

0.21x
Free Cash Flow / Total Liabilities

Free Cash Flow

$181.42 Million
Operating CF − Capex

Total Liabilities

$883.60 Million
USD

Capital Expenditures

$42.83 Million
USD

National Energy Services Reunited Corp Ordinary Shares Financial Flexibility Index (2017–2025)

Historical Financial Flexibility Index trend for National Energy Services Reunited Corp Ordinary Shares across 9 annual periods. See NESR working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for National Energy Services Reunited Corp Ordinary Shares (2017–2025)

Year-by-year free cash flow to debt coverage for National Energy Services Reunited Corp Ordinary Shares. For the full company profile including market capitalisation, see National Energy Services Reunited Corp O market capitalisation.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.46x $407.70 Million $264.24 Million $883.60 Million ▲ +19.4%
2024 0.39x $334.43 Million $229.33 Million $865.45 Million ▲ +53.9%
2023 0.25x $245.15 Million $176.96 Million $976.25 Million ▲ +19.8%
2022 0.21x $214.99 Million $92.58 Million $1.03 Billion ▼ -9.8%
2021 0.23x $234.82 Million $127.74 Million $1.01 Billion ▼ -20.0%
2020 0.29x $217.09 Million $134.45 Million $746.81 Million ▼ -9.0%
2019 0.32x $204.24 Million $92.70 Million $639.62 Million ▲ +70.1%
2018 0.19x $94.74 Million $61.67 Million $504.79 Million ▼ -98.2%
2017 10.55x $131.85 Million $83.19 Million $12.50 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities