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NOV (NOV) is a Energy company in the Russell 1000. Latest news and coverage below.
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | $7.25B | $7.30B | $8.45B | $8.48B | $6.09B | $5.52B | $7.24B | $8.58B | $8.87B | $8.74B |
| Growth (year over year) | −50.9% | +0.7% | +15.7% | +0.3% | −28.2% | −9.3% | +31.0% | +18.6% | +3.3% | −1.4% |
| Gross profit | −$101.0M | $892.0M | $1.44B | $845.0M | $434.0M | $774.0M | $1.33B | $1.83B | $2.01B | $1.77B |
| Gross margin | −1.4% | 12.2% | 17.1% | 10.0% | 7.1% | 14.0% | 18.4% | 21.4% | 22.7% | 20.2% |
| Operating income | −$2.41B | −$277.0M | $211.0M | −$6.28B | −$2.42B | −$134.0M | $264.0M | $651.0M | $876.0M | $494.0M |
| Operating margin | −33.3% | −3.8% | 2.5% | −74.1% | −39.8% | −2.4% | 3.6% | 7.6% | 9.9% | 5.6% |
| Net income | −$2.41B | −$237.0M | −$31.0M | −$6.09B | −$2.54B | −$250.0M | $155.0M | $993.0M | $635.0M | $145.0M |
| Net margin | −33.3% | −3.2% | −0.4% | −71.9% | −41.7% | −4.5% | 2.1% | 11.6% | 7.2% | 1.7% |
| EPS (diluted) | −$6.41 | −$0.63 | −$0.08 | −$15.96 | −$6.62 | −$0.65 | $0.39 | $2.50 | $1.60 | $0.39 |
| Balance sheet | ||||||||||
| Cash and equivalents | $1.41B | $1.44B | $1.43B | $1.17B | $1.69B | $1.59B | $1.07B | $816.0M | $1.23B | $1.55B |
| Total assets | $21.1B | $20.2B | $19.8B | $13.1B | $9.93B | $9.55B | $10.1B | $11.3B | $11.4B | $11.3B |
| Total liabilities | $7.14B | $6.05B | $5.91B | $5.30B | $4.65B | $4.49B | $5.00B | $5.05B | $4.93B | $4.97B |
| Long-term debt | $2.71B | $2.71B | $2.48B | $1.99B | $1.83B | $1.71B | $1.72B | $1.71B | $1.70B | $1.69B |
| Shareholders' equity | $13.9B | $14.1B | $13.8B | $7.78B | $5.21B | $5.00B | $5.10B | $6.17B | $6.38B | $6.27B |
| Cash flow | ||||||||||
| Operating cash flow | $960.0M | $832.0M | $521.0M | $714.0M | $926.0M | $291.0M | −$179.0M | $143.0M | $1.30B | $1.25B |
| Capital expenditure | $284.0M | $192.0M | $244.0M | $233.0M | $226.0M | $201.0M | $214.0M | $283.0M | $351.0M | $375.0M |
| Free cash flow | $676.0M | $640.0M | $277.0M | $481.0M | $700.0M | $90.0M | −$393.0M | −$140.0M | $953.0M | $876.0M |
| Dividends paid | $230.0M | $76.0M | $76.0M | $77.0M | $19.0M | $20.0M | $78.0M | $79.0M | $108.0M | $190.0M |
| Share buybacks | — | — | — | — | — | — | — | — | $229.0M | $315.0M |
| Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $2.22B | $2.19B | $2.31B | $2.10B | $2.19B | $2.18B | $2.28B | $2.05B |
| Growth (year over year) | +5.9% | +0.3% | −1.5% | −2.4% | −1.3% | −0.7% | −1.3% | −2.4% |
| Gross profit | $590.0M | $469.0M | $493.0M | $447.0M | $446.0M | $412.0M | $462.0M | $379.0M |
| Gross margin | 26.6% | 21.4% | 21.4% | 21.3% | 20.4% | 18.9% | 20.3% | 18.5% |
| Operating income | $313.0M | $194.0M | $207.0M | $152.0M | $143.0M | $107.0M | $92.0M | $47.0M |
| Operating margin | 14.1% | 8.9% | 9.0% | 7.2% | 6.5% | 4.9% | 4.0% | 2.3% |
| Net income | $226.0M | $130.0M | $160.0M | $73.0M | $108.0M | $42.0M | −$78.0M | $19.0M |
| Net margin | 10.2% | 5.9% | 6.9% | 3.5% | 4.9% | 1.9% | −3.4% | 0.9% |
| EPS (diluted) | $0.57 | $0.33 | $0.40 | $0.19 | $0.29 | $0.11 | −$0.20 | $0.05 |
| Balance sheet | ||||||||
| Cash and equivalents | $827.0M | $985.0M | $1.23B | $1.16B | $1.08B | $1.21B | $1.55B | $1.34B |
| Total assets | $11.3B | $11.4B | $11.4B | $11.3B | $11.4B | $11.3B | $11.3B | $11.1B |
| Total liabilities | $4.87B | $4.91B | $4.93B | $4.78B | $4.80B | $4.83B | $4.97B | $4.88B |
| Long-term debt | $1.72B | $1.72B | $1.70B | $1.70B | $1.69B | $1.69B | $1.69B | $1.69B |
| Shareholders' equity | $6.38B | $6.46B | $6.38B | $6.44B | $6.50B | $6.46B | $6.27B | $6.21B |
| Cash flow | ||||||||
| Operating cash flow | $432.0M | $359.0M | $591.0M | $135.0M | $191.0M | $352.0M | $573.0M | −$26.0M |
| Capital expenditure | $82.0M | $82.0M | $118.0M | $84.0M | $83.0M | $107.0M | $101.0M | $65.0M |
| Free cash flow | $350.0M | $277.0M | $473.0M | $51.0M | $108.0M | $245.0M | $472.0M | −$91.0M |
| Dividends paid | $30.0M | $29.0M | $29.0M | $28.0M | $107.0M | $28.0M | $27.0M | $33.0M |
| Share buybacks | — | $80.0M | $112.0M | $81.0M | $69.0M | $80.0M | $85.0M | $67.0M |
From NOV's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →