NABORS INDUSTRIES LTD

NBR ·Energy, Oil & Gas Equipment & Services, Bermuda
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2009 FY2008 FY2007
Revenue $3.66B $5.51B $4.94B
Cost of Revenue $1.98B $3.10B $2.76B
Gross Profit $1.68B $2.41B $2.17B
Gross Margin 45.9% 43.7% 44.0%
Operating Expenses
Research & Development
SG&A Expense $421.5M $479.2M $436.3M
Operating Income $439.8M $928.0M $1.19B
Operating Margin 12.0% 16.8% 24.0%
Interest Expense $266.0M $196.7M $154.9M
Pretax Income $68.8M $731.3M $1.03B
Income Tax Expense $-63.9M $209.7M $201.5M
Net Income $-85.5M $475.7M $865.7M
Net Margin -2.3% 8.6% 17.5%
EPS (Basic) $-0.30 $1.69 $3.08
EPS (Diluted) $-0.30 $1.65 $3.00
Shares Outstanding (Basic) 283.3M 281.6M 281.2M
Shares Outstanding (Diluted) 286.5M 288.2M 288.2M
Dividends Per Share
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