MARKETS / NYSE / NOV

NYSE · OIL & GAS FIELD MACHINERY & EQUIPMENT · LARGE CAP

NOV Inc. NOV

19 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$8.7B

▼ 1.4% YoY

Net income

$145.0M

▼ 77.2% YoY

Free cash flow

$876.0M

▼ 8.1% YoY

In brief

What this company does

NOV Inc. is an independent equipment and technology provider to the global energy industry. NOV serves major-diversified, national, and independent service companies, contractors, and energy producers in 57 countries. NOV operates under two segments, Energy Equipment and Energy Products and Services. Energy Products and Services provides tools, equipment, and services for the upstream oil and gas, renewables, and industrial markets, with offerings including drill bits, downhole tools, completion tools, and artificial lift systems. Energy Equipment designs, builds, and supports capital equipment and integrated systems used in oil and gas exploration and production, both onshore and offshore, as well as for industrial, marine, and renewable energy markets. NOV employed 31,605 people globally. The Company's 503 physical locations include manufacturing plants, research facilities, machine shops, office buildings, warehouses, and distribution centers. NOV and its predecessor companies have operated in oil and gas development for more than 160 years.

Written from the business description in NOV Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 12 February 2026. Every sentence was checked against that document before publication.

Growth

USD 8.7B

Revenue, FY2025 · full 19-year series below

Revenue $B Net income $B

FY2025 · Revenue 8.7 · Net income 0.1

Compound annual growth

Revenue

+6.5%

+7.5%

−5.1%

−2.2%

Net income

−2.2%

−15.0%

EPS, diluted

+0.0%

−14.3%

Dividend / share

+36.6%

+59.1%

−12.0%

+1.5%

Returned to shareholders

+86.4%

+92.7%

−16.1%

+7.4%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +7.5% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

2 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 5.6% · Net 1.7%

ROE

FY2025 · ROE 2.3%

Gross margin20.2%

Operating margin5.6%

Net margin1.7%

Return on assets1.3%

EBITDAUSD 794.0M

Each USD of equity produced 2 cents of profit this year.

Cash & shareholders

USD 505.0M

returned in FY2025 · dividends + net buybacks

Free cash flow $B

FY2025 · FCF 0.9

Net buybacks $B Dividends $B

FY2025 · Dividends 0.2 · Net buybacks 0.3

Dividends paidUSD 190.0M

Net buybacksUSD 315.0M

Share of profit348.3%

Consecutive raises2 years

USD 190.0M in dividends and USD 315.0M in buybacks — 348% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 11.3B

EquityUSD 6.3B

CashUSD 1.6B

Gross debtUSD 1.7B

Net debtUSD 166.0M

Current ratio2.42×

Net debt stands at 3% of equity.

The 19-year record

19 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue $B	8.7	8.9	8.6	7.2	5.5	6.1	8.5	8.5	7.3	7.3	14.8	21.4	19.2	17.2	14.7	12.2	12.7	13.4	9.8
Operating income $B	0.5	0.9	0.7	0.3	−0.1	−2.4	−6.3	0.2	−0.3	−2.4	−0.4	3.6	3.2	3.4	2.9	2.4	2.3	2.9	2.0
EBITDA $B	0.8	1.2	0.9	0.5	0.1	−2.1	−5.9	0.6	0.1	−2.0	0.0	4.0	3.6	3.7	3.2	2.7	2.6	3.1	·
Income tax $B	0.2	0.2	−0.4	0.1	0.0	−0.2	−0.4	0.1	−0.2	−0.2	0.2	1.0	0.9	1.0	0.9	0.7	0.7	1.0	0.7
Net income $B	0.1	0.6	1.0	0.2	−0.2	−2.5	−6.1	−0.0	−0.2	−2.4	−0.8	2.5	2.3	2.5	2.0	1.7	1.5	2.0	1.3
Free cash flow $B	0.9	1.0	−0.1	−0.4	0.1	0.7	0.5	0.3	0.6	0.7	0.9	1.9	2.8	0.1	1.7	1.3	1.8	1.9	0.9
EPS, diluted $	0.39	1.60	2.50	0.39	−0.65	−6.62	−15.96	−0.08	−0.63	−6.41	−1.99	5.82	5.44	5.83	4.70	3.98	3.52	4.90	3.76
Dividend / sh $	0.51	0.28	0.20	0.20	0.05	0.05	0.20	0.20	0.20	0.61	1.84	1.64	0.91	0.49	0.45	0.41	1.10	·	·
Payout %	131	17	8	50	−8	−1	−1	−245	−32	−10	−92	28	17	8	10	10	31	0	0
ROE %	2.3	10.1	17.6	3.1	−4.9	−39.1	−56.4	−0.2	−1.7	−15.9	−4.1	11.7	11.0	13.2	12.0	11.2	11.0	15.5	·
Shares out B	0.36	0.38	0.39	0.39	0.39	0.39	0.39	0.38	0.38	0.38	0.38	0.42	0.43	0.43	0.42	0.42	0.42	0.42	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 93 reconciliationsAUDITED

Reconciled in 19 of 19 fiscal years. 2 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityOil & Gas Field Machinery & Equipment

Listed onNYSE

Incorporated inDelaware

Fiscal year endsDecember 31

Data on record since2007