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Side-by-side financial comparison of Atlantic Union Bankshares Corp (AUB) and National Energy Services Reunited Corp. (NESR). Click either name above to swap in a different company.

Atlantic Union Bankshares Corp is the larger business by last-quarter revenue ($367.2M vs $295.3M, roughly 1.2× National Energy Services Reunited Corp.). Atlantic Union Bankshares Corp runs the higher net margin — 33.3% vs 6.0%, a 27.3% gap on every dollar of revenue.

Atlantic Union Bankshares Corporation is a bank holding company based in Richmond, Virginia and is the parent company of Atlantic Union Bank, a regional bank. It operates 129 branches in Virginia, Maryland, and North Carolina and is the largest bank headquartered in Virginia. It is on the list of largest banks in the United States.

National Energy Services Reunited Corp. is a leading integrated oilfield services provider offering a full suite of solutions covering well construction, completion, production, and intervention services for upstream oil and gas operators. Its core markets cover the Middle East, North Africa, and East Asia, serving both national oil companies and international energy clients.

AUB vs NESR — Head-to-Head

Bigger by revenue
AUB
AUB
1.2× larger
AUB
$367.2M
$295.3M
NESR
Higher net margin
AUB
AUB
27.3% more per $
AUB
33.3%
6.0%
NESR

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
AUB
AUB
NESR
NESR
Revenue
$367.2M
$295.3M
Net Profit
$122.2M
$17.7M
Gross Margin
12.0%
Operating Margin
6.6%
Net Margin
33.3%
6.0%
Revenue YoY
-12.2%
Net Profit YoY
145.2%
-14.0%
EPS (diluted)
$0.84
$0.18

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AUB
AUB
NESR
NESR
Q1 26
$367.2M
Q4 25
$387.2M
Q3 25
$371.0M
$295.3M
Q2 25
$402.9M
$327.4M
Q1 25
$213.3M
$303.1M
Q4 24
$218.5M
Q3 24
$217.2M
$336.2M
Q2 24
$208.3M
$325.0M
Net Profit
AUB
AUB
NESR
NESR
Q1 26
$122.2M
Q4 25
$112.0M
Q3 25
$92.1M
$17.7M
Q2 25
$19.8M
$15.2M
Q1 25
$49.8M
$10.4M
Q4 24
$57.8M
Q3 24
$76.4M
$20.6M
Q2 24
$25.2M
$18.9M
Gross Margin
AUB
AUB
NESR
NESR
Q1 26
Q4 25
Q3 25
12.0%
Q2 25
13.4%
Q1 25
12.4%
Q4 24
Q3 24
15.9%
Q2 24
16.4%
Operating Margin
AUB
AUB
NESR
NESR
Q1 26
Q4 25
36.6%
Q3 25
31.3%
6.6%
Q2 25
4.3%
8.3%
Q1 25
28.8%
6.9%
Q4 24
32.6%
Q3 24
42.4%
10.5%
Q2 24
17.6%
10.5%
Net Margin
AUB
AUB
NESR
NESR
Q1 26
33.3%
Q4 25
28.9%
Q3 25
24.8%
6.0%
Q2 25
4.9%
4.6%
Q1 25
23.4%
3.4%
Q4 24
26.4%
Q3 24
35.2%
6.1%
Q2 24
12.1%
5.8%
EPS (diluted)
AUB
AUB
NESR
NESR
Q1 26
$0.84
Q4 25
$0.76
Q3 25
$0.63
$0.18
Q2 25
$0.12
$0.16
Q1 25
$0.52
$0.11
Q4 24
$0.55
Q3 24
$0.82
$0.22
Q2 24
$0.25
$0.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AUB
AUB
NESR
NESR
Cash + ST InvestmentsLiquidity on hand
$69.7M
Total DebtLower is stronger
$775.0M
$274.1M
Stockholders' EquityBook value
$5.1B
$956.7M
Total Assets
$37.3B
$1.8B
Debt / EquityLower = less leverage
0.15×
0.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AUB
AUB
NESR
NESR
Q1 26
Q4 25
$966.5M
Q3 25
$794.7M
$69.7M
Q2 25
$1.6B
$131.8M
Q1 25
$434.1M
$78.7M
Q4 24
$354.1M
Q3 24
$528.1M
$118.2M
Q2 24
$446.0M
$75.0M
Total Debt
AUB
AUB
NESR
NESR
Q1 26
$775.0M
Q4 25
$771.9M
Q3 25
$768.7M
$274.1M
Q2 25
$765.4M
$291.7M
Q1 25
$418.7M
$309.2M
Q4 24
$418.3M
Q3 24
$417.9M
$358.7M
Q2 24
$416.6M
$376.7M
Stockholders' Equity
AUB
AUB
NESR
NESR
Q1 26
$5.1B
Q4 25
$5.0B
Q3 25
$4.9B
$956.7M
Q2 25
$4.8B
$936.9M
Q1 25
$3.2B
$920.5M
Q4 24
$3.1B
Q3 24
$3.2B
$873.5M
Q2 24
$3.0B
$851.4M
Total Assets
AUB
AUB
NESR
NESR
Q1 26
$37.3B
Q4 25
$37.6B
Q3 25
$37.1B
$1.8B
Q2 25
$37.3B
$1.8B
Q1 25
$24.6B
$1.8B
Q4 24
$24.6B
Q3 24
$24.8B
$1.8B
Q2 24
$24.8B
$1.8B
Debt / Equity
AUB
AUB
NESR
NESR
Q1 26
0.15×
Q4 25
0.15×
Q3 25
0.16×
0.29×
Q2 25
0.16×
0.31×
Q1 25
0.13×
0.34×
Q4 24
0.13×
Q3 24
0.13×
0.41×
Q2 24
0.14×
0.44×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AUB
AUB
NESR
NESR
Operating Cash FlowLast quarter
$6.7M
Free Cash FlowOCF − Capex
$-34.1M
FCF MarginFCF / Revenue
-11.5%
Capex IntensityCapex / Revenue
13.8%
Cash ConversionOCF / Net Profit
0.38×
TTM Free Cash FlowTrailing 4 quarters
$68.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AUB
AUB
NESR
NESR
Q1 26
Q4 25
$2.2B
Q3 25
$156.9M
$6.7M
Q2 25
$1.9B
$98.5M
Q1 25
$62.0M
$20.5M
Q4 24
$308.5M
Q3 24
$67.5M
$70.8M
Q2 24
$85.6M
Free Cash Flow
AUB
AUB
NESR
NESR
Q1 26
Q4 25
Q3 25
$-34.1M
Q2 25
$68.7M
Q1 25
$-9.6M
Q4 24
Q3 24
$43.4M
Q2 24
FCF Margin
AUB
AUB
NESR
NESR
Q1 26
Q4 25
Q3 25
-11.5%
Q2 25
21.0%
Q1 25
-3.2%
Q4 24
Q3 24
12.9%
Q2 24
Capex Intensity
AUB
AUB
NESR
NESR
Q1 26
Q4 25
Q3 25
13.8%
Q2 25
9.1%
Q1 25
9.9%
Q4 24
Q3 24
8.1%
Q2 24
Cash Conversion
AUB
AUB
NESR
NESR
Q1 26
Q4 25
19.98×
Q3 25
1.70×
0.38×
Q2 25
96.20×
6.48×
Q1 25
1.25×
1.97×
Q4 24
5.34×
Q3 24
0.88×
3.43×
Q2 24
3.40×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AUB
AUB

Net Interest Income$312.4M85%
Noninterest Income$54.8M15%

NESR
NESR

Production Services$174.4M59%
Drilling And Evaluation Services$120.9M41%

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