Company / Cost of Revenue
NABORS INDUSTRIES LTD Cost of Revenue History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$1.8B
FY2023
5-year range
$1.7B / $1.9B
FY2019-FY2023
Trend
+7.5%
vs FY2022
Sector context
#22 of 41
Energy
What the data says
At $1.8B, NABORS INDUSTRIES LTD's cost of revenue ranks #20 of 41 in the Energy sector. Cost of Revenue returned to growth in FY2023 after 2 years of decline, reaching $1.8B.
Based on SEC 10-K filings.
$1.8B in FY2023 with a 5-year CAGR of +5.9%.
Improved from $1.9B to $1.8B over the past 2 years.
Energy sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- -3.3%
- 5-Year CAGR
- +5.9%
- 10-Year CAGR
- -
Sector benchmark
#20 of 41 in EnergyTop 46% of 41This company $1.8B Sector average $18.6B
▼
-90.4% below sector average
Key checks
Key Insights
- 5-year CAGR of +5.9%, indicating consistent growth.
- In FY2023, cost of revenue increased 7.5% year-over-year.
- Ranks #22 out of 41 companies in the Energy sector.
- Peak cost of revenue was recorded in FY2016.
Company context
Key Data Points
- Altman Z-Score 0.79 (distress zone, below 1.8 threshold)
- Negative profit margin: -6.0%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $1.8B | +7.5% |
| FY2022 | $1.7B | -13.6% |
| FY2021 | $1.9B | -2.4% |
| FY2020 | $2.0B | +15.1% |
| FY2019 | $1.7B | +27.8% |
| FY2018 | $1.3B | -43.3% |
| FY2017 | $2.4B | -47.4% |
| FY2016 | $4.5B | +13.1% |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026