NOV Inc. financial data

Symbol
NOV on NYSE
Industry
Oil & Gas Field Machinery & Equipment
Location
10353 Richmond Ave., Houston, TX
State of incorporation
Delaware
Fiscal year end
December 31
Former names
NATIONAL OILWELL VARCO INC (to 12/22/2020), NATIONAL OILWELL INC (to 3/8/2005)
Latest financial report
10-Q - Q2 2024 - Jul 29, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 247 % +6.78%
Quick Ratio 95.1 % +14.3%
Debt-to-equity 81.6 % -14.3%
Return On Equity 17.2 % +115%
Return On Assets 9.52 % +131%
Operating Margin 9.2 % +40.9%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 394M shares -0.02%
Common Stock, Shares, Outstanding 394M shares -0.02%
Entity Public Float 6.3B USD -4.55%
Common Stock, Value, Issued 4M USD 0%
Weighted Average Number of Shares Outstanding, Basic 395M shares +0.51%
Weighted Average Number of Shares Outstanding, Diluted 397M shares +0.51%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 8.9B USD +11%
Cost of Revenue 6.89B USD +8.65%
Operating Income (Loss) 819M USD +56.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 749M USD +42.4%
Income Tax Expense (Benefit) -298M USD -371%
Net Income (Loss) Attributable to Parent 1.06B USD +153%
Earnings Per Share, Basic 2.69 USD/shares +154%
Earnings Per Share, Diluted 2.66 USD/shares +153%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 827M USD +39.7%
Inventory, Net 2.16B USD -1.91%
Assets, Current 5.84B USD +4.17%
Deferred Income Tax Assets, Net 396M USD
Property, Plant and Equipment, Net 1.88B USD +2.34%
Operating Lease, Right-of-Use Asset 376M USD 0%
Intangible Assets, Net (Excluding Goodwill) 450M USD -8.16%
Goodwill 1.62B USD +4.45%
Other Assets, Noncurrent 340M USD +38.2%
Assets 11.3B USD +8.15%
Accounts Payable, Current 809M USD -19.7%
Employee-related Liabilities, Current 205M USD -8.07%
Accrued Liabilities, Current 782M USD +1.69%
Contract with Customer, Liability, Current 508M USD +2.83%
Liabilities, Current 2.24B USD -6%
Deferred Income Tax Liabilities, Net 59M USD -14.5%
Operating Lease, Liability, Noncurrent 339M USD -3.42%
Other Liabilities, Noncurrent 287M USD +35.4%
Liabilities 4.87B USD -1.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.55B USD -2.24%
Retained Earnings (Accumulated Deficit) -860M USD +53%
Stockholders' Equity Attributable to Parent 6.38B USD +17.4%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 6.43B USD +17%
Liabilities and Equity 11.3B USD +8.15%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -78M USD +61.4%
Net Cash Provided by (Used in) Financing Activities 43M USD
Net Cash Provided by (Used in) Investing Activities -311M USD -498%
Common Stock, Shares Authorized 1B shares 0%
Common Stock, Shares, Issued 394M shares -0.02%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -348M USD -18%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 827M USD +39.7%
Interest Paid, Excluding Capitalized Interest, Operating Activities 6M USD +50%
Deferred Tax Assets, Valuation Allowance 346M USD -62.4%
Operating Lease, Liability 413M USD +2.99%
Payments to Acquire Property, Plant, and Equipment 69M USD +21.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.02B USD +92.7%
Lessee, Operating Lease, Liability, to be Paid 588M USD +17.1%
Property, Plant and Equipment, Gross 5.19B USD +5.77%
Operating Lease, Liability, Current 72M USD +4.35%
Lessee, Operating Lease, Liability, to be Paid, Year Two 82M USD +13.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 97M USD +14.1%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 175M USD +73.3%
Lessee, Operating Lease, Liability, to be Paid, Year Three 69M USD +15%
Deferred Tax Assets, Operating Loss Carryforwards 249M USD -23.1%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 10M shares 0%
Unrecognized Tax Benefits 67M USD +8.07%
Lessee, Operating Lease, Liability, to be Paid, Year Four 56M USD +14.3%
Preferred Stock, Shares Outstanding 0 shares
Deferred Tax Assets, Net of Valuation Allowance 637M USD +349%
Interest Expense 92M USD +12.2%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%