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). Read National Energy Services Reunited Corp O balance sheet liabilities for a breakdown of total debt and financial obligations.

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 capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.

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 National Energy Services Reunited Corp O market capitalisation.

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).