Company / Interest Expense
NABORS INDUSTRIES LTD Interest Expense History
FY2016-FY2023 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$185.3M
FY2023
5-year range
$177.9M / $204.3M
FY2019-FY2023
Trend
+4.2%
vs FY2022
Sector context
#20 of 38
Energy
What the data says
At $185M, NABORS INDUSTRIES LTD's interest expense ranks #19 of 38 in the Energy sector. Interest Expense returned to growth in FY2023 after 2 years of decline, reaching $185M.
Based on SEC 10-K filings.
$185M in FY2023 with a 5-year CAGR of -0.0%.
Improved from $204M to $185M over the past 2 years.
Energy sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -6.6%
- 5-Year CAGR
- -0.0%
- 10-Year CAGR
- -
Sector benchmark
#19 of 38 in EnergyTop 47% of 38This company $185.3M Sector average $349.7M
▼
-47.0% below sector average
Key checks
Key Insights
- 5-year CAGR of -0.0%, indicating a declining trend.
- In FY2023, interest expense increased 4.2% year-over-year.
- Ranks #20 out of 38 companies in the Energy sector.
- Peak interest expense was recorded in FY2020.
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 | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | $185.3M | +4.2% |
| FY2022 | $177.9M | -12.9% |
| FY2021 | $204.3M | -10.0% |
| FY2020 | $227.1M | +1.9% |
| FY2019 | $222.9M | +20.2% |
| FY2018 | $185.4M | +1.9% |
| FY2017 | $181.9M | +2.2% |
| FY2016 | $177.9M | -20.4% |
As of FY2023 · SEC 10-K · Updated Jun 30, 2026