Currently, Nabors Industries shows a gross margin of 38.4%, an operating margin of 8.3%, an EBITDA margin of 25.5%, and a net margin of -1.2%; its net margin is negative at -1.2%. All measured margins weakened year over year, led by EBITDA margin with a decline of 14.5 percentage points.
NBR margin history
Nabors Industries's margins averaged 40.58% gross, 13.58% operating, 30.76% EBITDA, and 0.32% net during the last 3 years. All four current margins are lower than their three-year averages.
NBR margin expansion
The biggest contraction was in EBITDA margin, which fell by 14.5 percentage points. The other available margins also declined.
NBR Gross margin
Looking back over the last 3 years, Nabors Industries recorded an average gross margin of 40.58%. Compared with its three-year average, Nabors Industries's current gross margin is 38.4% and is 2.2 percentage points below its three-year average. The highest gross margin for Nabors Industries was 41.6% in Sep 2024, while the lowest was 38.4% in Sep 2026.
NBR Operating margin
The average operating margin for Nabors Industries was 13.58% across the past 3 years. Right now, the current operating margin for Nabors Industries is 8.3%, 5.3 percentage points below its three-year average. The operating margin for Nabors Industries moved between 8.3% in Sep 2026 and 22.6% in Sep 2025.
NBR EBITDA margin
Over the last 3 years, Nabors Industries's EBITDA margin averaged 30.76%. The current EBITDA margin of 25.5% is 5.3 percentage points below its three-year average. During this period, EBITDA margin reached a high of 40.9% in Dec 2025 and a low of 24.4% in Dec 2024.
NBR Net margin
The average net margin for Nabors Industries was 0.32% during the last 3 years. At present, the current net margin for Nabors Industries is -1.2%, 1.5 percentage points below its three-year average. The net margin for Nabors Industries moved between -5.9% in Dec 2024 and 8.9% in Dec 2025.
NBR margin group comparison
With a gross margin of 38.4%, NBR ranks higher than the industry average but lower than the Energy sector average. In comparison with the Energy sector average of 42.7%, Nabors Industries's gross margin is 10% lower.
NBR margin peer comparison
Frequently asked questions
What is Nabors Industries's gross margin?
The current gross margin for NBR is 38.4% as of Sep 30, 2026.
What is Nabors Industries's operating margin?
The current operating margin for NBR is 8.3% as of Sep 30, 2026.
What is Nabors Industries's EBITDA margin?
The current EBITDA margin for NBR is 25.5% as of Sep 30, 2026.
What is Nabors Industries's net margin?
As of Sep 30, 2026, NBR has a net margin of -1.2%.
What are the average margins of NBR?
Looking back over 3 years, NBR recorded average margins of 40.6% gross, 13.6% operating, 30.8% EBITDA, and 0.3% net.
What are the highest historical margins of NBR?
Nabors Industries's highest recorded margins during the past 5 years were 41.6% gross in Sep 2024, 22.6% operating in Sep 2025, 40.9% EBITDA in Dec 2025, and 8.9% net in Dec 2025.
What are the lowest historical margins of NBR?
Across the 5-year period, NBR posted its lowest margins at 35.6% gross in Mar 2022, -13.7% operating in Dec 2021, 14.1% EBITDA in Mar 2022, and -29% net in Mar 2022.