NOV Inc. (NOV)
NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally. It operates in two segments, Energy Equipment, and Energy Products and Services. The Energy Products and Services segment offers drill bits and borehole enlargement products; independent drilling and intervention downhole tools equipment; frac plugs, frac sleeves, toe initiation burst port systems, and recyclable setting tools; electric submersible pumps, high viscosity pumps, and surface pumps; tubular coating and inspection services for drill-pipe and other oil country tubular goods; solids control and waste management equipment and services; data and digital solutions; precision-engineered drill pipe and drill-stem equipment; connectors and integral thread solutions, including conductor strings, surface casing, and liners; and composite pipe, tanks, and structures. Its Energy Equipment segment provides drilling equipment, such as land rigs, complete offshore drilling packages, and rig components; capital equipment, related consumables, and digital products for hydraulic stimulation, coiled tubing, and wireline services; marine and construction solutions; processing solutions for the separation and treatment of oil, gas, solids, seawater, and produced water production; flexible subsea pipe systems; cavity pumps, specialized mixers and heat exchangers; and reciprocating, multistage, and progressive cavity pumps, midstream products, including closures, transfer pumps, chokes and valves, as well as artificial lift support systems that include production BOPs and stuffing boxes. The company was formerly known as National Oilwell Varco, Inc. and changed its name to NOV Inc. in January 2021. NOV Inc. was founded in 1862 and is based in Houston, Texas.
- Symbol
- NOV
- Exchange
- NYSE
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- Market cap
- $7.27B
- 52 week range
- 12.29 - 21.93
Valuation
- Share price
- $20.28 (close of 2026-09-23)
- P/E (TTM)
- 80.72x
- Price to book
- 1.16x
- Price to free cash flow
- 9.90x
- Enterprise value
- $8.27B
- Book value per share
- $17.40
Price performance
| Period | Change |
|---|
| 1 day | +0.65% |
| 5 days | -3.29% |
| 1 month | -0.69% |
| 3 months | +8.16% |
| 6 months | +5.19% |
| Year to date | +29.75% |
| 1 year | +55.16% |
| 3 years | -0.44% |
| 5 years | +57.21% |
| 10 years | -40.16% |
| All time | +346.70% |
Profitability and growth
- Return on equity
- 2.29%
- Return on invested capital
- 3.80%
- Return on assets
- 1.28%
- Return on capital employed
- 5.56%
- Gross margin
- 20.21%
- Net margin
- 1.66%
- EBITDA margin
- 9.71%
- Revenue growth
- -1.42%
- Net income growth
- -77.17%
- Free cash flow growth
- -8.08%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 10.10%
- Current ratio
- 2.47x
- Net debt to EBITDA
- 1.36x
Latest reported year
- Period end
- 2025-12-31
- Fiscal year
- 2025
- Revenue
- $8.74B
- Cost of revenue
- $6.98B
- Gross profit
- $1.77B
- EBITDA
- $849.00M
- Net income
- $145.00M
- Earnings per share
- $0.39
- Interest expense
- $88.00M
- Shares outstanding
- 372.00M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-12-31 | $8.74B | $1.77B | $145.00M | $0.39 |
| 2024-12-31 | $8.87B | $2.01B | $635.00M | $1.62 |
| 2023-12-31 | $8.58B | $1.83B | $993.00M | $2.53 |
| 2022-12-31 | $7.24B | $1.33B | $155.00M | $0.40 |
| 2021-12-31 | $5.52B | $774.00M | $-250.00M | $-0.65 |
| 2020-12-31 | $6.09B | $434.00M | $-2.54B | $-6.62 |
| 2019-12-31 | $8.48B | $845.00M | $-6.09B | $-15.96 |
| 2018-12-31 | $8.45B | $1.44B | $-31.00M | $-0.08 |
| 2017-12-31 | $7.30B | $892.00M | $-237.00M | $-0.63 |
| 2016-12-31 | $7.25B | $-101.00M | $-2.41B | $-6.41 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-12-31 | 20.21% | 1.66% | 2.29% | 3.80% |
| 2024-12-31 | 22.66% | 7.16% | 9.88% | 8.97% |
| 2023-12-31 | 21.36% | 11.57% | 15.91% | 8.34% |
| 2022-12-31 | 18.43% | 2.14% | 3.02% | 2.81% |
| 2021-12-31 | 14.01% | -4.53% | -4.94% | -2.29% |
| 2020-12-31 | 7.13% | -41.74% | -48.15% | -35.54% |
| 2019-12-31 | 9.97% | -71.88% | -77.68% | -62.53% |
| 2018-12-31 | 17.08% | -0.37% | -0.22% | 0.94% |
| 2017-12-31 | 12.21% | -3.24% | -1.67% | -0.90% |
| 2016-12-31 | -1.39% | -33.26% | -17.22% | -13.94% |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 2025-12-31 | $1.55B | $1.69B |
| 2024-12-31 | $1.23B | $1.70B |
| 2023-12-31 | $816.00M | $1.71B |
| 2022-12-31 | $1.07B | $1.72B |
| 2021-12-31 | $1.59B | $1.71B |
| 2020-12-31 | $1.69B | $1.83B |
| 2019-12-31 | $1.17B | $1.99B |
| 2018-12-31 | $1.43B | $2.48B |
| 2017-12-31 | $1.44B | $2.71B |
| 2016-12-31 | $1.41B | $2.71B |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-12-31 | $876.00M | $67.00M |
| 2024-12-31 | $953.00M | $70.00M |
| 2023-12-31 | $-140.00M | $66.00M |
| 2022-12-31 | $-393.00M | $67.00M |
| 2021-12-31 | $90.00M | $78.00M |
| 2020-12-31 | $700.00M | $105.00M |
| 2019-12-31 | $481.00M | $130.00M |
| 2018-12-31 | $277.00M | $110.00M |
| 2017-12-31 | $640.00M | $124.00M |
| 2016-12-31 | $676.00M | $107.00M |
Dividend history
- Most recent payment
- 2026-09-11
- Paid in the last twelve months
- $0.43
| Payment date | Dividend per share |
|---|
| 2026-09-11 | $0.09 |
| 2026-06-12 | $0.09 |
| 2026-06-01 | $0.09 |
| 2026-03-13 | $0.09 |
| 2025-12-05 | $0.07 |
| 2025-09-12 | $0.07 |
| 2025-06-13 | $0.07 |
| 2025-06-02 | $0.21 |
Investor relations
Next earnings report
- Next confirmed report
- 2026-10-27
- Consensus EPS estimate
- $0.24
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-07-28 | Jun/2026 | $0.16 |
| 2026-04-27 | - | - |
| 2026-02-04 | - | - |
| 2025-10-27 | - | - |
| 2025-07-28 | - | - |
| 2025-04-28 | - | - |
| 2025-02-04 | - | - |
| 2024-10-24 | - | - |
Filings and sources
- Company website
- nov.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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