NABORS INDUSTRIES LTD
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.56B | $2.23B | $3.86B | $6.80B | $6.15B | $6.84B | $6.01B | $4.13B |
| Cost of Revenue | $1.72B | $1.34B | $2.37B | $4.51B | $3.98B | $4.37B | $3.74B | $2.40B |
| Gross Profit | $846.2M | $883.5M | $1.49B | $2.30B | $2.17B | $2.48B | $2.27B | $1.73B |
| Gross Margin | 33.0% | 39.7% | 38.6% | 33.8% | 35.3% | 36.2% | 37.8% | 41.9% |
| Operating Expenses | ||||||||
| Research & Development | $51.1M | $33.6M | $41.3M | $49.7M | $45.4M | — | — | — |
| SG&A Expense | $251.2M | $227.6M | $324.3M | $500.0M | $479.9M | $528.0M | $487.8M | $338.7M |
| Operating Income | $-141.9M | $-118.3M | $316.8M | $797.9M | $558.2M | $908.6M | $866.0M | $648.9M |
| Operating Margin | -5.5% | -5.3% | 8.2% | 11.7% | 9.1% | 13.3% | 14.4% | 15.7% |
| Interest Expense | $222.9M | $185.4M | $181.9M | $177.9M | $223.4M | $251.9M | $256.6M | $272.7M |
| Pretax Income | $-580.1M | $-1.20B | $-427.5M | $-604.6M | $106.2M | $277.0M | $515.3M | $293.6M |
| Income Tax Expense | $-83.0M | $-186.8M | $-98.0M | $62.7M | $-55.2M | $41.0M | $165.1M | $37.0M |
| Net Income | $-546.8M | $-1.03B | $-372.7M | $-670.7M | $140.0M | $164.8M | $248.5M | $94.7M |
| Net Margin | -21.3% | -46.2% | -9.6% | -9.9% | 2.3% | 2.4% | 4.1% | 2.3% |
| EPS (Basic) | $-1.90 | $-3.64 | $-1.29 | $-2.28 | $0.47 | $0.57 | $0.87 | $0.33 |
| EPS (Diluted) | $-1.90 | $-3.64 | $-1.29 | $-2.28 | $0.47 | $0.56 | $0.85 | $0.33 |
| Shares Outstanding (Basic) | 280.7M | 276.5M | 283.0M | 290.7M | 294.2M | 290.0M | 287.1M | 285.1M |
| Shares Outstanding (Diluted) | 280.7M | 276.5M | 283.0M | 290.7M | 296.6M | 292.3M | 292.5M | 290.0M |
| Dividends Per Share | $0.24 | $0.24 | $0.24 | $0.04 | $0.04 | — | — | — |