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Nabors Industries vs SEADRILL: revenue, profit, margins and growth compared

Nabors Industries brought in $3.2B of revenue in fiscal 2025, SEADRILL $1.4B in fiscal 2025. Revenue changed by +8.7% at Nabors Industries and +3.8% at SEADRILL on the year before, so Nabors Industries grew faster. Nabors Industries kept 9.0% of its revenue as net profit, SEADRILL -5.4%.

Side by side, latest fiscal year

NBRSDRL
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$3.2B$1.4B
Revenue growth+8.7%+3.8%
Net income$286.6M-$77M
Net margin9.0%-5.4%
Free cash flow-$22.7Mn/a
Free cash flow margin-0.7%n/a
Earnings per share (diluted)$17.39n/a
Cash$940.7M$339M
Debt$2.5B$613M
Price to earnings4.7n/a
Market value$1.3B$2.9B
Dividend yieldn/an/a
Rank by revenue in sector#45 of 129 · Energy#66 of 129 · Energy

Over the years

Revenue
NBR FY2018: $3.1BNBR FY2019: $3BNBR FY2020: $2.1BNBR FY2021: $2BNBR FY2022: $2.7BNBR FY2023: $3BNBR FY2024: $2.9BNBR FY2025: $3.2BSDRL FY2017: $2.1BSDRL FY2019: $1.4BSDRL FY2020: $961MSDRL FY2021: $907MSDRL FY2023: $1.5BSDRL FY2024: $1.4BSDRL FY2025: $1.4BFY17FY18FY19FY20FY21FY22FY23FY24FY25
NBR $3.2BSDRL $1.4B
Net income
NBR FY2018: -$640.9MNBR FY2019: -$702.9MNBR FY2020: -$805.6MNBR FY2021: -$569.3MNBR FY2022: -$350.3MNBR FY2023: -$11.8MNBR FY2024: -$176.1MNBR FY2025: $286.6MSDRL FY2017: -$3BSDRL FY2019: -$1.2BSDRL FY2020: -$4.7BSDRL FY2021: -$587MSDRL FY2023: $300MSDRL FY2024: $446MSDRL FY2025: -$77MFY17FY18FY19FY20FY21FY22FY23FY24FY25
NBR $286.6MSDRL -$77M
Net margin
NBR FY2018: -21.0%NBR FY2019: -23.1%NBR FY2020: -37.8%NBR FY2021: -28.2%NBR FY2022: -13.2%NBR FY2023: -0.4%NBR FY2024: -6.0%NBR FY2025: 9.0%SDRL FY2017: -142.4%SDRL FY2019: -87.8%SDRL FY2020: -484.8%SDRL FY2021: -64.7%SDRL FY2023: 20.0%SDRL FY2024: 32.2%SDRL FY2025: -5.4%FY17FY18FY19FY20FY21FY22FY23FY24FY25
NBR 9.0%SDRL -5.4%
Revenue growth
NBR FY2019: -0.5%NBR FY2020: -29.9%NBR FY2021: -5.5%NBR FY2022: +31.5%NBR FY2023: +13.3%NBR FY2024: -2.5%NBR FY2025: +8.7%SDRL FY2020: -30.8%SDRL FY2021: -5.6%SDRL FY2024: -7.8%SDRL FY2025: +3.8%FY19FY20FY21FY22FY23FY24FY25
NBR +8.7%SDRL +3.8%
Free cash flow
NBR FY2018: -$133.2MNBR FY2019: $256.8MNBR FY2020: $154.2MNBR FY2021: $194.7MNBR FY2022: $127.6MNBR FY2023: $97MNBR FY2024: $13.5MNBR FY2025: -$22.7MSDRL FY2017: $249MSDRL FY2019: -$418MSDRL FY2020: -$557MSDRL FY2021: -$238MFY17FY18FY19FY20FY21FY22FY23FY24FY25
NBR -$22.7MSDRL -$238M

Fiscal years as each company reports them; the two may end in different months.

Questions about Nabors Industries and SEADRILL

Which is bigger by revenue, Nabors Industries or SEADRILL?

Nabors Industries is bigger by revenue: $3.2B in fiscal 2025, against $1.4B for SEADRILL in fiscal 2025.

Which keeps more of its revenue as profit, Nabors Industries or SEADRILL?

Nabors Industries had a net margin of 9.0% in fiscal 2025; SEADRILL had -5.4% in fiscal 2025.

Which grew revenue faster, Nabors Industries or SEADRILL?

In their latest fiscal years revenue changed by +8.7% at Nabors Industries and +3.8% at SEADRILL.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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