National Energy Services Reunited Corp Ordinary Shares (NESR) — Free Cash Flow Generation Index

Latest as of December 2025: 0.69x

National Energy Services Reunited Corp Ordinary Shares (NESR) has a Free Cash Flow Generation Index of 0.69x as of December 2025. Free cash flow of $95.76 Million represents 1% of operating cash flow ($138.59 Million). See National Energy Services Reunited Corp O current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

0.69x
Free Cash Flow / Operating CF

Free Cash Flow

$95.76 Million
USD

Operating Cash Flow

$138.59 Million
USD

Capital Expenditures

$42.83 Million
USD

National Energy Services Reunited Corp Ordinary Shares Free Cash Flow Generation Index (2017–2025)

Historical FCF Generation Index trend for National Energy Services Reunited Corp Ordinary Shares across 9 annual periods. Explore National Energy Services Reunited Corp O (NESR) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for National Energy Services Reunited Corp Ordinary Shares (2017–2025)

Year-by-year Free Cash Flow Generation Index for National Energy Services Reunited Corp Ordinary Shares. For the full company profile including market capitalisation, see NESR market cap overview.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.46x $120.79 Million $264.24 Million $143.45 Million ▼ -15.6%
2024 0.54x $124.22 Million $229.33 Million $105.11 Million ▼ -11.9%
2023 0.61x $108.77 Million $176.96 Million $68.19 Million ▲ +290.7%
2022 -0.32x $-29.84 Million $92.58 Million $122.42 Million ▼ -299.2%
2021 0.16x $20.67 Million $127.74 Million $107.08 Million ▼ -58.0%
2020 0.39x $51.82 Million $134.45 Million $82.63 Million ▲ +289.6%
2019 -0.20x $-18.84 Million $92.70 Million $111.54 Million ▼ -143.8%
2018 0.46x $28.59 Million $61.67 Million $33.07 Million ▲ +11.7%
2017 0.42x $34.54 Million $83.19 Million $48.66 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).