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

Latest as of March 2026: -0.17x

National Energy Services Reunited Corp Ordinary Shares (NESR) has a Free Cash Flow Generation Index of -0.17x as of March 2026. Free cash flow of $-5.26 Million represents 0% of operating cash flow ($30.75 Million). Explore NESR capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

-0.17x
Free Cash Flow / Operating CF

Free Cash Flow

$-5.26 Million
USD

Operating Cash Flow

$30.75 Million
USD

Capital Expenditures

$36.00 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. For the full cash flow conversion analysis, see NESR cash flow conversion.

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. Check National Energy Services Reunited Corp O investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

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).