NexTier Oilfield Solutions Inc. (NEX) — Financial statements
Income statement, balance sheet, and cash flow for NexTier Oilfield Solutions Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 3,245↑128.0% | 1,423↑18.4% | 1,203↓34.0% | 1,822↓14.8% | 2,137 | |
| Cost of Revenue | 2,719↑88.9% | 1,439↑7.9% | 1,335↓21.3% | 1,696↓11.6% | 1,920 | |
| Gross Profit | 525↑3375.2% | -16↑87.8% | -132↓205.2% | 125↓42.3% | 217 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 114 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 146↑33.4% | 109↓24.1% | 144↑16.6% | 124↑8.2% | 114 | |
| Other Expenses | 0.00 | 0.00 | 0.00↓100.0% | 0.45↑150.1% | -0.91 | |
| Operating Expenses | 146↑33.4% | 109↓24.1% | 144↑16.6% | 124↑8.2% | 114 | |
| Total Costs & Expenses | 2,865↑85.0% | 1,549↑4.7% | 1,479↓18.7% | 1,820↓10.5% | 2,034 | |
| Operating Results | ||||||
| Operating Income | 165↑257.2% | -105↑68.2% | -331↓14.3% | -290↓395.8% | 98 | |
| Depreciation & Amortization | 229↑2945.1% | -8↓113.1% | 62↓78.9% | 292↑12.7% | 259 | |
| EBITDA | 395↑448.3% | -113↑56.9% | -263↓11790.8% | 2↓97.8% | 102 | |
| EBIT | 348↑473.6% | -93↑71.3% | -325↓289.9% | -83↓185.8% | 97 | |
| Interest & Other Income | ||||||
| Net Interest Income | -28↓15.3% | -25↓19.2% | -21↑5.5% | -22↑34.8% | -34 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 28↑15.3% | 25↑19.2% | 21↓5.5% | 22↓34.8% | 34 | |
| Non-Operating Income | -15↓25.8% | -12↓86.2% | -7↓1338.4% | -0.45↓150.1% | 0.91 | |
| Other Income / Expenses | -13↓5.2% | -12↑11.7% | -14↑34.0% | -21↑37.8% | -34 | |
| Income Before Tax | 320↑371.4% | -118↑65.9% | -345↓228.5% | -105↓265.3% | 64 | |
| Income Tax Expense | 5↑170.5% | 2↑14.7% | 1↑46.3% | 1↓76.5% | 4 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 315↑363.7% | -119↑65.6% | -347↓226.8% | -106↓278.9% | 59 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 315↑363.7% | -119↑65.6% | -347↓226.8% | -106↓278.9% | 59 | |
| Bottom-Line Net Income | 315↑363.7% | -119↑65.6% | -347↓226.8% | -106↓278.9% | 59 | |
| EPS (Basic) | 1.29↑343.4% | -0.53↑67.3% | -1.62↓88.4% | -0.86↓259.3% | 0.54 | |
| EPS (Diluted) | 1.26↑337.7% | -0.53↑67.3% | -1.62↓88.4% | -0.86↓259.3% | 0.54 | |
| Weighted Average Shares | 243↑8.4% | 224↑5.0% | 214↑73.8% | 123↑12.5% | 109 | |
| Weighted Average Diluted Shares | 249↑11.1% | 224↑5.0% | 214↑73.8% | 123↑12.1% | 110 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.