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Side-by-side financial comparison of National Energy Services Reunited Corp. (NESR) and PARK NATIONAL CORP (PRK). Click either name above to swap in a different company.

National Energy Services Reunited Corp. is the larger business by last-quarter revenue ($295.3M vs $168.3M, roughly 1.8× PARK NATIONAL CORP). PARK NATIONAL CORP runs the higher net margin — 25.3% vs 6.0%, a 19.3% gap on every dollar of revenue. On growth, PARK NATIONAL CORP posted the faster year-over-year revenue change (2.2% vs -12.2%). PARK NATIONAL CORP produced more free cash flow last quarter ($191.9M vs $-34.1M).

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.

National Retail Systems, Inc. (NRS) includes Keystone Freight Corp. & National Retail Transportation, Inc. (NRT). NRS is an asset based 3PL founded in 1952. It is headquartered in Lyndhurst, New Jersey, United States.

NESR vs PRK — Head-to-Head

Bigger by revenue
NESR
NESR
1.8× larger
NESR
$295.3M
$168.3M
PRK
Growing faster (revenue YoY)
PRK
PRK
+14.3% gap
PRK
2.2%
-12.2%
NESR
Higher net margin
PRK
PRK
19.3% more per $
PRK
25.3%
6.0%
NESR
More free cash flow
PRK
PRK
$226.0M more FCF
PRK
$191.9M
$-34.1M
NESR

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
NESR
NESR
PRK
PRK
Revenue
$295.3M
$168.3M
Net Profit
$17.7M
$42.6M
Gross Margin
12.0%
Operating Margin
6.6%
Net Margin
6.0%
25.3%
Revenue YoY
-12.2%
2.2%
Net Profit YoY
-14.0%
10.4%
EPS (diluted)
$0.18
$2.62

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
NESR
NESR
PRK
PRK
Q4 25
$168.3M
Q3 25
$295.3M
$169.5M
Q2 25
$327.4M
$168.7M
Q1 25
$303.1M
$157.9M
Q4 24
$164.7M
Q3 24
$336.2M
$170.3M
Q2 24
$325.0M
$157.7M
Q1 24
$152.8M
Net Profit
NESR
NESR
PRK
PRK
Q4 25
$42.6M
Q3 25
$17.7M
$47.2M
Q2 25
$15.2M
$48.1M
Q1 25
$10.4M
$42.2M
Q4 24
$38.6M
Q3 24
$20.6M
$38.2M
Q2 24
$18.9M
$39.4M
Q1 24
$35.2M
Gross Margin
NESR
NESR
PRK
PRK
Q4 25
Q3 25
12.0%
Q2 25
13.4%
Q1 25
12.4%
Q4 24
Q3 24
15.9%
Q2 24
16.4%
Q1 24
Operating Margin
NESR
NESR
PRK
PRK
Q4 25
Q3 25
6.6%
34.3%
Q2 25
8.3%
35.2%
Q1 25
6.9%
32.4%
Q4 24
Q3 24
10.5%
27.4%
Q2 24
10.5%
30.6%
Q1 24
27.8%
Net Margin
NESR
NESR
PRK
PRK
Q4 25
25.3%
Q3 25
6.0%
27.8%
Q2 25
4.6%
28.5%
Q1 25
3.4%
26.7%
Q4 24
23.5%
Q3 24
6.1%
22.4%
Q2 24
5.8%
25.0%
Q1 24
23.0%
EPS (diluted)
NESR
NESR
PRK
PRK
Q4 25
$2.62
Q3 25
$0.18
$2.92
Q2 25
$0.16
$2.97
Q1 25
$0.11
$2.60
Q4 24
$2.38
Q3 24
$0.22
$2.35
Q2 24
$0.20
$2.42
Q1 24
$2.17

Balance Sheet & Financial Strength

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

Metric
NESR
NESR
PRK
PRK
Cash + ST InvestmentsLiquidity on hand
$69.7M
$233.5M
Total DebtLower is stronger
$274.1M
Stockholders' EquityBook value
$956.7M
$1.4B
Total Assets
$1.8B
$9.8B
Debt / EquityLower = less leverage
0.29×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NESR
NESR
PRK
PRK
Q4 25
$233.5M
Q3 25
$69.7M
$218.9M
Q2 25
$131.8M
$193.1M
Q1 25
$78.7M
$237.6M
Q4 24
$160.6M
Q3 24
$118.2M
$201.7M
Q2 24
$75.0M
$261.5M
Q1 24
$306.1M
Total Debt
NESR
NESR
PRK
PRK
Q4 25
Q3 25
$274.1M
Q2 25
$291.7M
Q1 25
$309.2M
Q4 24
Q3 24
$358.7M
Q2 24
$376.7M
Q1 24
Stockholders' Equity
NESR
NESR
PRK
PRK
Q4 25
$1.4B
Q3 25
$956.7M
$1.3B
Q2 25
$936.9M
$1.3B
Q1 25
$920.5M
$1.3B
Q4 24
$1.2B
Q3 24
$873.5M
$1.2B
Q2 24
$851.4M
$1.2B
Q1 24
$1.2B
Total Assets
NESR
NESR
PRK
PRK
Q4 25
$9.8B
Q3 25
$1.8B
$9.9B
Q2 25
$1.8B
$9.9B
Q1 25
$1.8B
$9.9B
Q4 24
$9.8B
Q3 24
$1.8B
$9.9B
Q2 24
$1.8B
$9.9B
Q1 24
$9.9B
Debt / Equity
NESR
NESR
PRK
PRK
Q4 25
Q3 25
0.29×
Q2 25
0.31×
Q1 25
0.34×
Q4 24
Q3 24
0.41×
Q2 24
0.44×
Q1 24

Cash Flow & Capital Efficiency

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

Metric
NESR
NESR
PRK
PRK
Operating Cash FlowLast quarter
$6.7M
$198.3M
Free Cash FlowOCF − Capex
$-34.1M
$191.9M
FCF MarginFCF / Revenue
-11.5%
114.1%
Capex IntensityCapex / Revenue
13.8%
3.8%
Cash ConversionOCF / Net Profit
0.38×
4.65×
TTM Free Cash FlowTrailing 4 quarters
$68.5M
$328.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NESR
NESR
PRK
PRK
Q4 25
$198.3M
Q3 25
$6.7M
$52.6M
Q2 25
$98.5M
$49.7M
Q1 25
$20.5M
$37.9M
Q4 24
$178.8M
Q3 24
$70.8M
$43.8M
Q2 24
$50.9M
Q1 24
$35.0M
Free Cash Flow
NESR
NESR
PRK
PRK
Q4 25
$191.9M
Q3 25
$-34.1M
$51.1M
Q2 25
$68.7M
$48.4M
Q1 25
$-9.6M
$36.8M
Q4 24
$169.7M
Q3 24
$43.4M
$41.7M
Q2 24
$49.0M
Q1 24
$31.9M
FCF Margin
NESR
NESR
PRK
PRK
Q4 25
114.1%
Q3 25
-11.5%
30.1%
Q2 25
21.0%
28.7%
Q1 25
-3.2%
23.3%
Q4 24
103.0%
Q3 24
12.9%
24.5%
Q2 24
31.1%
Q1 24
20.8%
Capex Intensity
NESR
NESR
PRK
PRK
Q4 25
3.8%
Q3 25
13.8%
0.9%
Q2 25
9.1%
0.8%
Q1 25
9.9%
0.7%
Q4 24
5.6%
Q3 24
8.1%
1.2%
Q2 24
1.2%
Q1 24
2.1%
Cash Conversion
NESR
NESR
PRK
PRK
Q4 25
4.65×
Q3 25
0.38×
1.11×
Q2 25
6.48×
1.03×
Q1 25
1.97×
0.90×
Q4 24
4.63×
Q3 24
3.43×
1.14×
Q2 24
1.29×
Q1 24
0.99×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NESR
NESR

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

PRK
PRK

Segment breakdown not available.

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