BackNabors Energy Transition Overview

Nabors Energy Transition EBIT

Track Nabors Energy Transition's EBIT ($-6.8M) with charts, peers, and YoY trends.

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Quarterly EBIT

-$664.13K
↓ 209.42% YoY

As of Sep 30, 2023

Annual EBIT (TTM)

-$6.75M
↓ 715.74% YoY

Trailing 12 months ending Sep 30, 2023

Average EBIT (Comparison Companies)

EBIT History

EBIT Comparison

Annual EBIT Growth Rate (%)

Annual EBIT Growth (Absolute)

Nabors Energy Transition (NETC) FAQ

The latest EBIT for NETC is $-6.8M as of September 2023. That compares with $-830K in the prior-year period — down 715.7% year over year. That is below the sector sector average of $2.6T. Investors often review this figure alongside Nabors Energy Transition's historical trend and sector peers before judging valuation or financial health.

Over the past year, NETC's EBIT moved from $-830K to $-6.8M — a 715.7% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Nabors Energy Transition's operating scale or balance-sheet position.

Against its sector companies, NETC currently prints $-6.8M for EBIT, while the sector average sits near $2.6T. That is roughly 100.0% below the sector mean. Large gaps often invite a closer look at Nabors Energy Transition's growth, margins, and balance sheet.

A EBIT figure of $-6.8M for NETC is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The sector average is about $2.6T. Explore the charts below for those layers of context.

After noting NETC's EBIT ($-6.8M), review year-over-year change from $-830K, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.