NOV Inc.

NYSE:NOV Stock Report

Market Cap: US$5.5b

NOV Past Earnings Performance

Past criteria checks 2/6

NOV has been growing earnings at an average annual rate of 73%, while the Energy Services industry saw earnings growing at 49.3% annually. Revenues have been growing at an average rate of 10.9% per year. NOV's return on equity is 6%, and it has net margins of 4.4%.

Key information

72.97%

Earnings growth rate

73.27%

EPS growth rate

Energy Services Industry Growth23.71%
Revenue growth rate10.87%
Return on equity6.04%
Net Margin4.36%
Last Earnings Update30 Sep 2025

Recent past performance updates

Recent updates

NOV Inc.'s (NYSE:NOV) Intrinsic Value Is Potentially 53% Above Its Share Price

Oct 27
NOV Inc.'s (NYSE:NOV) Intrinsic Value Is Potentially 53% Above Its Share Price

NOV Inc.: Sound Company But Headwinds Are Mounting

Sep 30

Returns Are Gaining Momentum At NOV (NYSE:NOV)

Sep 13
Returns Are Gaining Momentum At NOV (NYSE:NOV)

NOV (NYSE:NOV) Seems To Use Debt Quite Sensibly

Aug 17
NOV (NYSE:NOV) Seems To Use Debt Quite Sensibly

NOV Inc.'s (NYSE:NOV) Price Is Right But Growth Is Lacking

Jul 25
NOV Inc.'s (NYSE:NOV) Price Is Right But Growth Is Lacking

NOV Inc. (NYSE:NOV) Shares Could Be 48% Below Their Intrinsic Value Estimate

Jun 16
NOV Inc. (NYSE:NOV) Shares Could Be 48% Below Their Intrinsic Value Estimate

There's Been No Shortage Of Growth Recently For NOV's (NYSE:NOV) Returns On Capital

May 21
There's Been No Shortage Of Growth Recently For NOV's (NYSE:NOV) Returns On Capital

There's No Escaping NOV Inc.'s (NYSE:NOV) Muted Earnings

Mar 25
There's No Escaping NOV Inc.'s (NYSE:NOV) Muted Earnings

NOV: The More You Dig, The Less Exciting It Is

Mar 07

Does NOV (NYSE:NOV) Have A Healthy Balance Sheet?

Feb 21
Does NOV (NYSE:NOV) Have A Healthy Balance Sheet?

NOV: Shareholder Returns Have Likely Peaked For Now

Feb 07

There's Been No Shortage Of Growth Recently For NOV's (NYSE:NOV) Returns On Capital

Jan 15
There's Been No Shortage Of Growth Recently For NOV's (NYSE:NOV) Returns On Capital

NOV Inc.'s (NYSE:NOV) Intrinsic Value Is Potentially 80% Above Its Share Price

Dec 31
NOV Inc.'s (NYSE:NOV) Intrinsic Value Is Potentially 80% Above Its Share Price

There's No Escaping NOV Inc.'s (NYSE:NOV) Muted Earnings

Dec 16
There's No Escaping NOV Inc.'s (NYSE:NOV) Muted Earnings

We Think NOV (NYSE:NOV) Can Stay On Top Of Its Debt

Nov 10
We Think NOV (NYSE:NOV) Can Stay On Top Of Its Debt

NOV Is A Hold As It Expects Higher Drilling Activity By 2026

Oct 30
User avatar

Offshore Expansion And AI Efficiency Drive Growth Amid Analytical Concerns And North American Market Challenges

Expansion into international and offshore markets and strategic acquisitions, like Keystone Tower Systems, diversify NOV's earnings and promise new revenue streams.

NOV: A Top Oil And Gas Services Pick Under Quiet Accumulation

Jul 09

NOV: Energy Supplier Sees Some Energy Itself

Apr 15

NOV's Selloff On Last Week's Events Is Likely Overdone, But Wait For The Dust To Settle

Feb 05

Revenue & Expenses Breakdown

How NOV makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:NOV Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 258,7753831,1880
30 Jun 258,7904711,1580
31 Mar 258,8185891,1280
31 Dec 248,8706351,1330
30 Sep 248,9051,0731,1430
30 Jun 248,8991,0571,1530
31 Mar 248,7769861,1520
31 Dec 238,5839931,1410
30 Sep 238,3134991,1270
30 Jun 238,0174171,1040
31 Mar 237,6513311,0690
31 Dec 227,2371551,0190
30 Sep 226,681119550
30 Jun 226,133-909210
31 Mar 225,823-1858990
31 Dec 215,524-2509080
30 Sep 215,334-5579260
30 Jun 215,377-5439110
31 Mar 215,456-6109290
31 Dec 206,090-2,5429680
30 Sep 207,044-2,5801,0220
30 Jun 207,786-2,7691,1020
31 Mar 208,422-8,0651,2820
31 Dec 198,479-6,0951,3030
30 Sep 198,596-5,6981,3360
30 Jun 198,624-5,4531,3630
31 Mar 198,598-401,2490
31 Dec 188,453-311,2330
30 Sep 188,024-571,1890
30 Jun 187,705-841,1610
31 Mar 187,358-1831,1510
31 Dec 177,304-2371,1690
30 Sep 177,027-9371,1980
30 Jun 176,838-2,2731,1990
31 Mar 176,803-2,4151,2110
31 Dec 167,251-2,4121,3380
30 Sep 168,281-3,2211,4170
30 Jun 169,941-1,7041,4780
31 Mar 1612,126-1,1981,5900
31 Dec 1514,757-7691,7640
30 Sep 1517,7441,3491,9020
30 Jun 1520,0251,8932,0880
31 Mar 1521,3712,2122,2080
31 Dec 1421,4402,4502,0920

Quality Earnings: NOV has high quality earnings.

Growing Profit Margin: NOV's current net profit margins (4.4%) are lower than last year (12%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: NOV has become profitable over the past 5 years, growing earnings by 73% per year.

Accelerating Growth: NOV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: NOV had negative earnings growth (-64.3%) over the past year, making it difficult to compare to the Energy Services industry average (-7.9%).

Return on Equity

High ROE: NOV's Return on Equity (6%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/31 13:12
End of Day Share Price 2025/10/31 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NOV Inc. is covered by 55 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William SeleskyArgus Research Company
Daniel LebenBaird
J. David AndersonBarclays