Nabors Industries Ltd.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $286.6M | $-176.1M | $-11.8M | $-350.3M | $-569.3M | $-805.6M | $-702.9M | $-640.9M |
| Depreciation & Amortization | $649.2M | $633.4M | $645.3M | $665.1M | $693.4M | $853.7M | $876.1M | $866.9M |
| Depreciation | $648.8M | $632.9M | $644.9M | $663.1M | $689.2M | $851.8M | $869.6M | $860.6M |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $23.4M | $16.5M | $15.8M | $15.8M | $19.4M | $24.6M | $24.7M | $26.4M |
| Net Cash from Operating Activities | $693.3M | $581.4M | $637.9M | $501.1M | $428.8M | $349.8M | $684.6M | $325.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $715.9M | $567.9M | $540.9M | $373.4M | $234.0M | $195.5M | $427.7M | $458.9M |
| Business Acquisitions | $84.4M | — | — | — | — | — | $2.9M | $20.9M |
| Net Cash from Investing Activities | $97.1M | $-555.5M | $-570.4M | $-368.7M | $-117.2M | $-165.5M | $-355.9M | $-367.1M |
| Financing Activities | ||||||||
| Dividends Paid | — | $87.0K | $194.0K | $65.0K | $7.4M | $22.5M | — | — |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $-566.8M | $-662.1M | $592.6M | $-661.5M | $488.4M | $-148.0M | $-331.6M | $155.6M |
| Net Change in Cash | $219.9M | $-651.2M | $637.0M | $-536.4M | $798.2M | $33.2M | $-9.0M | $109.1M |
| Free Cash Flow | $-22.7M | $13.5M | $97.0M | $127.6M | $194.7M | $154.2M | $256.8M | $-133.2M |