Company research
NOV Inc.
CIK 1021860Updated Sep 27, 2026
SecurityNOV · NYSE · equity
Name history
NATIONAL OILWELL VARCO INC · through Dec 22, 2020NATIONAL OILWELL INC · through Mar 8, 2005
NOV price & chart
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NYSE:NOV on TradingView ↗About the company
NOV (NYSE: NOV) delivers technology-driven solutions to empower the global energy industry. For more than 160 years, NOV has pioneered innovations that enable its customers to safely and efficiently produce abundant energy while minimizing environmental impact. NOV powers the industry that powers the world. Visit www.nov.com for more information.
In the news
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Recent filings
SCHEDULE 13G/A filing
144 filing
Results of Operations and Financial Condition
Items 2.02, 9.01
10-Q filing
11-K filing
Show 5 more recent filings
SD filing
Submission of Matters to a Vote of Security Holders · Other Events
Items 5.07, 8.01, 9.01
SCHEDULE 13G/A - filed by HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC regarding NOV Inc.
SCHEDULE 13G - filed by VANGUARD CAPITAL MANAGEMENT LLC regarding NOV Inc.
SCHEDULE 13G - filed by VANGUARD PORTFOLIO MANAGEMENT LLC regarding NOV Inc.
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 11,291,000,000Source | 11,361,000,000Source | 11,294,000,000Source | 10,135,000,000Source |
| Property, Plant and Equipment, NetUSD | 2,050,000,000Source | 1,922,000,000Source | 1,865,000,000Source | 1,781,000,000Source |
| GoodwillUSD | 1,582,000,000Source | 1,630,000,000Source | 1,562,000,000Source | 1,505,000,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 455,000,000Source | 508,000,000Source | 450,000,000Source | 490,000,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 1,552,000,000Source | 1,230,000,000Source | 816,000,000Source | 1,069,000,000Source |
| Inventory, NetUSD | 1,799,000,000Source | 1,932,000,000Source | 2,151,000,000Source | 1,813,000,000Source |
| Assets, CurrentUSD | 5,820,000,000Source | 5,770,000,000Source | 5,840,000,000Source | 5,493,000,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 172,000,000Source | 212,000,000Source | 229,000,000Source | 187,000,000Source |
| Operating Lease, Right-of-Use AssetUSD | 315,000,000Source | 353,000,000Source | 372,000,000Source | 346,000,000Source |
| Other Assets, NoncurrentUSD | 361,000,000Source | 406,000,000Source | 334,000,000Source | 232,000,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 4,969,000,000Source | 4,933,000,000Source | 5,052,000,000Source | 5,001,000,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 4,000,000Source | 4,000,000Source | 4,000,000Source | 4,000,000Source |
| Retained Earnings (Accumulated Deficit)USD | -673,000,000Source | -628,000,000Source | -1,155,000,000Source | -2,069,000,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -1,424,000,000Source | -1,625,000,000Source | -1,493,000,000Source | -1,593,000,000Source |
| Stockholders' Equity Attributable to ParentUSD | 6,268,000,000Source | 6,376,000,000Source | 6,168,000,000Source | 5,096,000,000Source |
| Additional Paid in Capital, Common StockUSD | 8,361,000,000Source | 8,625,000,000Source | 8,812,000,000Source | 8,754,000,000Source |
| Liabilities and EquityUSD | 11,291,000,000Source | 11,361,000,000Source | 11,294,000,000Source | 10,135,000,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 2,406,000,000Source | 2,347,000,000Source | 2,435,000,000Source | 2,437,000,000Source |
| Operating Lease, Liability, CurrentUSD | 71,000,000Source | 72,000,000Source | 70,000,000Source | 67,000,000Source |
| Accounts Payable, CurrentUSD | 831,000,000Source | 837,000,000Source | 904,000,000Source | 906,000,000Source |
| Operating Lease, Liability, NoncurrentUSD | 289,000,000Source | 301,000,000Source | 343,000,000Source | 334,000,000Source |
| Deferred Income Tax Liabilities, NetUSD | 93,000,000Source | 56,000,000Source | 70,000,000Source | 68,000,000Source |
| Other Liabilities, NoncurrentUSD | 261,000,000Source | 283,000,000Source | 277,000,000Source | 230,000,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 54,000,000Source | 52,000,000Source | 74,000,000Source | 38,000,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 822,000,000Source | 861,000,000Source | 870,000,000Source | 959,000,000Source |
| Deferred Tax Liabilities, NetUSD | — | — | — | 68,000,000Source |
| Long-term Debt, Excluding Current Maturities | — | — | — | — |
| Long-term Debt, Current MaturitiesUSD | 30,000,000Source | 37,000,000Source | 13,000,000Source | 13,000,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 1,688,000,000Source | 1,703,000,000Source | 1,712,000,000Source | 1,717,000,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | 151,000,000Source | 635,000,000Source | 985,000,000Source | 155,000,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 67,000,000Source | 70,000,000Source | 66,000,000Source | 67,000,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -222,000,000Source | -93,000,000Source | 269,000,000Source | 440,000,000Source |
| Increase (Decrease) in InventoriesUSD | -97,000,000Source | -270,000,000Source | 361,000,000Source | 480,000,000Source |
| Increase (Decrease) in Accounts PayableUSD | -6,000,000Source | -87,000,000Source | -4,000,000Source | 289,000,000Source |
| Deferred Income Tax Expense (Benefit)USD | 93,000,000Source | 49,000,000Source | -489,000,000Source | -2,000,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 1,251,000,000Source | 1,304,000,000Source | 143,000,000Source | -179,000,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 0Source | 298,000,000Source | 22,000,000Source | 49,000,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -362,000,000Source | -471,000,000Source | -293,000,000Source | -238,000,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | -13,000,000Source | -2,000,000Source | -12,000,000Source | -25,000,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 375,000,000Source | 351,000,000Source | 283,000,000Source | 214,000,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 315,000,000Source | 229,000,000Source | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -584,000,000Source | -406,000,000Source | -103,000,000Source | -96,000,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 190,000,000Source | 108,000,000Source | 79,000,000Source | 78,000,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -28,000,000Source | -30,000,000Source | 7,000,000Source | -10,000,000Source |
| Repayments of Long-term DebtUSD | 26,000,000Source | 431,000,000Source | 10,000,000Source | 4,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 322,000,000Source | 414,000,000Source | -253,000,000Source | -522,000,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 1,552,000,000Source | 1,230,000,000Source | 816,000,000Source | 1,069,000,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 85,000,000Source | 86,000,000Source | 85,000,000Source | 75,000,000Source |
| Income Taxes Paid, NetUSD | 106,000,000Source | 161,000,000Source | 114,000,000Source | 117,000,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 17,000,000Source | -13,000,000Source | — | -9,000,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 67,000,000Source | 70,000,000Source | 66,000,000Source | 67,000,000Source |
| Amortization of Intangible AssetsUSD | 55,000,000Source | 49,000,000Source | 43,000,000Source | 51,000,000Source |
| DepreciationUSD | 300,000,000Source | 294,000,000Source | 260,000,000Source | 250,000,000Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | -55,000,000Source | -19,000,000Source | -84,000,000Source | 25,000,000Source |
| Gain (Loss) on Disposition of AssetsUSD | — | 130,000,000Source | — | — |
| GoodwillUSD | 1,582,000,000Source | 1,630,000,000Source | 1,562,000,000Source | 1,505,000,000Source |
| Goodwill and Intangible Asset ImpairmentUSD | 70,000,000Source | — | — | — |
| Goodwill, Impairment LossUSD | 40,000,000Source | 0Source | 0Source | 0Source |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | 0Source | 0Source | 0Source | 0Source |
| Income (Loss) from Equity Method InvestmentsUSD | -16,000,000Source | 36,000,000Source | 119,000,000Source | 68,000,000Source |
| Income Tax Expense (Benefit)USD | 224,000,000Source | 196,000,000Source | -373,000,000Source | 83,000,000Source |
| Investment Income, InterestUSD | 51,000,000Source | 38,000,000Source | 28,000,000Source | 19,000,000Source |
| Net Income (Loss) Attributable to ParentUSD | 145,000,000Source | 635,000,000Source | 993,000,000Source | 155,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 6,000,000Source | 0Source | -8,000,000Source | — |
| Operating Lease, Impairment LossUSD | 30,000,000Source | — | — | — |
| Other Nonoperating Income (Expense)USD | -66,000,000Source | -28,000,000Source | -98,000,000Source | -35,000,000Source |
| Proceeds from Issuance of Long-term DebtUSD | 3,000,000Source | 420,000,000Source | 2,000,000Source | 20,000,000Source |
| Proceeds from Stock Options ExercisedUSD | 0Source | 3,000,000Source | 4,000,000Source | 2,000,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 8,744,000,000Source | 8,870,000,000Source | 8,583,000,000Source | 7,237,000,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 1,203,000,000Source | 1,134,000,000Source | 1,182,000,000Source | 1,070,000,000Source |
| Operating Income (Loss)USD | 494,000,000Source | 876,000,000Source | 651,000,000Source | 264,000,000Source |
| Other Nonoperating Income (Expense)USD | -66,000,000Source | -28,000,000Source | -98,000,000Source | -35,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 375,000,000Source | 831,000,000Source | 612,000,000Source | 238,000,000Source |
| Income Tax Expense (Benefit)USD | 224,000,000Source | 196,000,000Source | -373,000,000Source | 83,000,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | 6,000,000Source | 0Source | -8,000,000Source | — |
| Net Income (Loss) Attributable to ParentUSD | 145,000,000Source | 635,000,000Source | 993,000,000Source | 155,000,000Source |
| Earnings Per Share, BasicUSD per share | 0.39Source | 1.62Source | 2.53Source | 0.4Source |
| Earnings Per Share, DilutedUSD per share | 0.39Source | 1.6Source | 2.5Source | 0.39Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 372,000,000Source | 392,000,000Source | 393,000,000Source | 390,000,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 375,000,000Source | 396,000,000Source | 397,000,000Source | 394,000,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 55,000,000Source | 49,000,000Source | 43,000,000Source | 51,000,000Source |
| Common Stock, Dividends, Per Share, DeclaredUSD per share | 0.51Source | 0.28Source | — | — |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and AmortizationUSD | 6,658,000,000Source | 6,543,000,000Source | — | — |
| Current Income Tax Expense (Benefit)USD | 131,000,000Source | 147,000,000Source | 116,000,000Source | 85,000,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 355,000,000Source | 343,000,000Source | 302,000,000Source | 301,000,000Source |
| Foreign Currency Transaction Gain (Loss), RealizedUSD | -55,000,000Source | -19,000,000Source | -84,000,000Source | 25,000,000Source |
| Goodwill, Impairment LossUSD | 40,000,000Source | 0Source | 0Source | 0Source |
| Gross ProfitUSD | 1,767,000,000Source | 2,010,000,000Source | 1,833,000,000Source | 1,334,000,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -123,000,000Source | 413,000,000Source | 249,000,000Source | 113,000,000Source |
| Income (Loss) from Equity Method InvestmentsUSD | -16,000,000Source | 36,000,000Source | 119,000,000Source | 68,000,000Source |
| Interest ExpenseUSD | 88,000,000Source | 91,000,000Source | 88,000,000Source | 78,000,000Source |
| Investment Income, InterestUSD | 51,000,000Source | 38,000,000Source | 28,000,000Source | 19,000,000Source |
Filing attachments
nov-ex99_1.htm · 8-K · 2026-07-29
EX-99.1 2 nov-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 NEWS Contact: Amie D'Ambrosio (713) 375-3826 FOR IMMEDIATE RELEASE NOV Reports Second quarter 2026 EARNINGS • Revenues of $2.13 billion, up 4% sequentially and down 2% year-over-year • Net income of $112 million, or $0.31 per share, an increase of $93 million sequentially and $4 million year-over-year • Adjusted EBITDA1,2 of $283 million, an increase of $106 million sequentially and $31 million year-over-year • Returned $12…
Read attachment ↗nov-ex99_2.htm · 8-K · 2026-07-29
EX-99.2 3 nov-ex99_2.htm EX-99.2 NOV Inc. Second Quarter 2026 Earnings Presentation July 29, 2026 Exhibit 99.2 Second Quarter 2026 Earnings Presentation - 07/29/2026 © 2026 NOV Inc. All rights reserved. This document contains, or has incorporated by reference, statements that are not historical facts, including estimates, projections, and statements relating to our business plans, objectives, and expected operating results that are “forward-looking statements” within the meaning of the Priv…
Read attachment ↗nov-ex99_1.htm · 8-K · 2026-05-22
EX-99.1 2 nov-ex99_1.htm EX-99.1 EX-99.1 NEWS Contact: Amie D’Ambrosio (713) 375-3826 FOR IMMEDIATE RELEASE NOV Declares Regular Quarterly Dividend and Supplemental Dividend HOUSTON, TX, May 21, 2026 - NOV Inc. (NYSE: NOV) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.09 per share of common stock, payable on June 26, 2026 to each stockholder of record on June 12, 2026. NOV also announced today that its Board of Directors declared a s…
Read attachment ↗nov-ex99_1.htm · 8-K · 2026-04-28
EX-99.1 2 nov-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 NEWS Contact: Amie D'Ambrosio (713) 375-3826 FOR IMMEDIATE RELEASE NOV Reports first quarter 2026 EARNINGS • Revenues of $2.05 billion • Net income of $19 million, or $0.05 per share • Adjusted EBITDA* of $177 million • Bookings of $520 million, representing a book-to-bill of 80% • Returned $100 million of capital to shareholders through share repurchases and dividends *Free Cash Flow, Excess Free Cash Flow, Adjusted Oper…
Read attachment ↗nov-ex99_2.htm · 8-K · 2026-04-28
EX-99.2 3 nov-ex99_2.htm EX-99.2 NOV Inc. First Quarter 2026 Earnings Presentation April 28, 2026 Exhibit 99.2 First Quarter 2026 Earnings Presentation - 04/28/2026 © 2026 NOV Inc. All rights reserved. This document contains, or has incorporated by reference, statements that are not historical facts, including estimates, projections, and statements relating to our business plans, objectives, and expected operating results that are “forward-looking statements” within the meaning of the Priva…
Read attachment ↗nov-ex99_1.htm · 8-K · 2026-04-15
EX-99.1 2 nov-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 NEWS Contact: Amie D'Ambrosio (713) 375-3826 FOR IMMEDIATE RELEASE NOV PROVIDES OPERATIONAL UPDATE FOR FIRST QUARTER 2026 HOUSTON, TX, April 15, 2026 - NOV Inc. (NYSE: NOV) announced today that operational disruptions resulting from the war in the Middle East will cause first quarter 2026 revenue and earnings to be below prior guidance. On a consolidated basis, the Company currently expects to report revenues of $2.05 billion,…
Read attachment ↗