NOV
NOV Inc.
NYSE: NOV · ENERGY · OIL & GAS EQUIPMENT & SERVICES
$20.76
+2.32% today
Updated 2026-04-29
Market cap
$7.39B
P/E ratio
52.56
P/S ratio
0.85x
EPS (TTM)
$0.39
Dividend yield
1.48%
52W range
$11 – $21
Volume
5.0M
NOV Inc. (NOV) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.03B | $9.79B | $13.43B | $12.71B | $12.16B | $14.66B | $17.19B | $19.22B | $21.44B | $14.76B | $7.25B | $7.30B | $8.45B | $8.48B | $6.09B | $5.52B | $7.24B | $8.58B | $8.87B | $8.74B |
| Revenue growth (YoY) | — | +39.3% | +37.2% | -5.4% | -4.4% | +20.6% | +17.3% | +11.8% | +11.5% | -31.2% | -50.9% | +0.7% | +15.7% | +0.3% | -28.2% | -9.3% | +31.0% | +18.6% | +3.3% | -1.4% |
| Cost of revenue | $5.27B | $6.96B | $9.36B | $8.93B | $8.32B | $10.16B | $12.15B | $14.12B | $15.63B | $11.69B | $7.35B | $6.41B | $7.01B | $7.63B | $5.66B | $4.75B | $5.90B | $6.75B | $6.86B | $6.98B |
| Gross profit | $1.76B | $2.83B | $4.07B | $3.78B | $3.83B | $4.50B | $5.04B | $5.10B | $5.81B | $3.06B | $-101.00M | $892.00M | $1.44B | $845.00M | $434.00M | $774.00M | $1.33B | $1.83B | $2.01B | $1.77B |
| Gross margin | 25.1% | 28.9% | 30.3% | 29.8% | 31.5% | 30.7% | 29.3% | 26.6% | 27.1% | 20.8% | -1.4% | 12.2% | 17.1% | 10.0% | 7.1% | 14.0% | 18.4% | 21.4% | 22.7% | 20.2% |
| R&D | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $641.60M | $785.80M | $1.15B | $1.32B | $1.39B | $1.56B | $1.78B | $2.07B | $2.09B | $1.76B | $1.34B | $1.17B | $1.23B | $1.30B | $968.00M | $908.00M | $1.07B | $1.13B | $1.13B | $1.20B |
| Operating income | $1.11B | $2.04B | $2.92B | $2.31B | $2.45B | $2.94B | $3.39B | $3.20B | $3.61B | $-390.00M | $-2.41B | $-277.00M | $211.00M | $-6.28B | $-2.42B | $-134.00M | $264.00M | $651.00M | $876.00M | $564.00M |
| Operating margin | 15.8% | 20.9% | 21.7% | 18.2% | 20.1% | 20.0% | 19.7% | 16.6% | 16.9% | -2.6% | -33.3% | -3.8% | 2.5% | -74.1% | -39.8% | -2.4% | 3.6% | 7.6% | 9.9% | 6.5% |
| EBITDA | $1.27B | $2.26B | $3.43B | $2.75B | $2.95B | $3.52B | $4.00B | $3.97B | $4.38B | $261.00M | $-1.81B | $408.00M | $824.00M | $-5.83B | $-2.34B | $153.00M | $617.00M | $651.00M | $1.26B | $818.00M |
| EBITDA margin | 18.1% | 23.1% | 25.5% | 21.6% | 24.3% | 24.0% | 23.3% | 20.7% | 20.4% | 1.8% | -25.0% | 5.6% | 9.7% | -68.7% | -38.5% | 2.8% | 8.5% | 7.6% | 14.3% | 9.4% |
| EBIT | $1.11B | $2.04B | $3.03B | $2.26B | $2.45B | $2.96B | $3.39B | $3.23B | $3.60B | $-486.00M | $-2.52B | $-290.00M | $134.00M | $-6.36B | $-2.69B | $-153.00M | $316.00M | $651.00M | $922.00M | $463.00M |
| Interest expense | $48.70M | $50.30M | $67.00M | $53.00M | $50.00M | $40.00M | $49.00M | $111.00M | $105.00M | $103.00M | $105.00M | $102.00M | $93.00M | $100.00M | $84.00M | $77.00M | $78.00M | $60.00M | $91.00M | $88.00M |
| Income tax | $355.70M | $675.80M | $993.00M | $735.00M | $738.00M | $937.00M | $965.00M | $943.00M | $1.04B | $178.00M | $-207.00M | $-156.00M | $63.00M | $-369.00M | $-242.00M | $15.00M | $83.00M | $-373.00M | $196.00M | $224.00M |
| Effective tax rate | 34.2% | 33.6% | 33.7% | 33.3% | 30.7% | 32.0% | 27.9% | 28.8% | 29.3% | -30.1% | 7.9% | 39.7% | 196.9% | 5.7% | 8.7% | -6.4% | 34.9% | -60.2% | 23.6% | 60.7% |
| Net income | $684.00M | $1.34B | $1.95B | $1.47B | $1.67B | $1.99B | $2.49B | $2.33B | $2.50B | $-769.00M | $-2.41B | $-237.00M | $-31.00M | $-6.09B | $-2.54B | $-250.00M | $155.00M | $993.00M | $635.00M | $145.00M |
| Net income growth (YoY) | — | +95.5% | +46.0% | -24.7% | +13.5% | +19.6% | +24.9% | -6.6% | +7.5% | -130.7% | -213.7% | +90.2% | +86.9% | -19561.3% | +58.3% | +90.2% | +162.0% | +540.6% | -36.1% | -77.2% |
| Profit margin | 9.7% | 13.7% | 14.5% | 11.6% | 13.7% | 13.6% | 14.5% | 12.1% | 11.7% | -5.2% | -33.3% | -3.2% | -0.4% | -71.9% | -41.7% | -4.5% | 2.1% | 11.6% | 7.2% | 1.7% |