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.

Ticker
NOV
Exchange
NYSE
Sector
Energy
Industry
Oil & Gas Equipment & Services
Market cap
$6.26B
52-week range
$14.30 - $21.93

Valuation

Share price
$17.56 (close of Nov 6, 2026)
P/E (TTM)
42.83x
Price to book
0.99x
Price to free cash flow
23.19x
Enterprise value
$7.52B
Book value per share
$17.69

Price performance

PeriodChange
1 day+0.98%
5 days-8.97%
1 month-7.58%
3 months-11.76%
6 months-12.98%
Year to date+12.35%
1 year+14.25%
3 years-12.02%
5 years+19.78%
10 years-44.92%
All time+287.06%

Short interest

As of
Oct 15, 2026
Short % of float
14.31%
Shares short
27.71M
Days to cover
8.01
Change since prior report
+3.90%
Source
FINRA consolidated short interest

Members of Congress who disclosed NOV trades

Lisa McClain

Super investors holding NOV

Richard Pzena (Pzena Investment Management) · First Eagle Investment (First Eagle Investment Management, LLC) · First Pacific Advisors (First Pacific Advisors, LP) · Greenhaven Associates (Greenhaven Associates Inc) · Ray Dalio (Bridgewater Associates) · Ken Griffin (Citadel) · Robert Olstein (Olstein Capital Management)

Profitability and growth

Return on equity
2.29%
Return on invested capital
3.12%
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)
4.31%
Current ratio
2.51x
Net debt to EBITDA
1.51x

Latest reported year

Period end
Dec 31, 2025
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 endRevenueGross profitNet incomeEPS
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 endGross marginNet marginReturn on equityReturn on capital
2025-12-3120.21%1.66%2.29%3.12%
2024-12-3122.66%7.16%9.88%7.71%
2023-12-3121.36%11.57%15.91%7.55%
2022-12-3118.43%2.14%3.02%2.41%
2021-12-3114.01%-4.53%-4.94%-1.80%
2020-12-317.13%-41.74%-48.15%-27.86%
2019-12-319.97%-71.88%-77.68%-55.63%
2018-12-3117.08%-0.37%-0.22%0.86%
2017-12-3112.21%-3.24%-1.67%-0.82%
2016-12-31-1.39%-33.26%-17.22%-12.80%

Cash and debt by year

Period endCashDebt
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 endFree cash flowStock-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
Sep 11, 2026
Paid in the last twelve months
$0.43
Payment dateDividend 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

Past earnings dates

ReportedFiscal periodEPS estimate
2026-10-27Sep 2026$0.24
2026-07-28Jun 2026$0.16
2026-04-27Mar 2026$0.17
2026-02-04Dec 2025$0.25
2025-10-27Sep 2025$0.24
2025-07-28Jun 2025$0.30
2025-04-28Mar 2025$0.25
2025-02-04Dec 2024$0.35

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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