NOV Inc. financial data

Symbol
NOV on NYSE
Industry
Oil & Gas Field Machinery & Equipment
Location
10353 Richmond Ave., Houston, Texas
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
Q1 2024 - Apr 26, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 241 % +4.2%
Quick Ratio 94.1 % +19.9%
Debt-to-equity 85.2 % -11.8%
Return On Equity 16.7 % +156%
Return On Assets 9.06 % +172%
Operating Margin 7.83 % +45.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 396M shares +0.46%
Common Stock, Shares, Outstanding 396M shares +0.45%
Entity Public Float 6.3B USD -4.55%
Common Stock, Value, Issued 4M USD 0%
Weighted Average Number of Shares Outstanding, Basic 394M shares +0.51%
Weighted Average Number of Shares Outstanding, Diluted 397M shares +0.25%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 8.78B USD +14.7%
Cost of Revenue 6.9B USD +12.7%
Operating Income (Loss) 687M USD +67.2%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 632M USD +51.2%
Income Tax Expense (Benefit) -349M USD -492%
Net Income (Loss) Attributable to Parent 986M USD +198%
Earnings Per Share, Basic 2.51 USD/shares +195%
Earnings Per Share, Diluted 2.48 USD/shares +195%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 468M USD -39.5%
Inventory, Net 2.28B USD +11.9%
Assets, Current 5.69B USD +4.91%
Deferred Income Tax Assets, Net 484M USD
Property, Plant and Equipment, Net 1.88B USD +3.53%
Operating Lease, Right-of-Use Asset 381M USD +5.54%
Intangible Assets, Net (Excluding Goodwill) 450M USD -8.16%
Goodwill 1.6B USD +3.42%
Other Assets, Noncurrent 341M USD +42.7%
Assets 11.3B USD +11.1%
Accounts Payable, Current 823M USD -14.4%
Employee-related Liabilities, Current 173M USD -7.98%
Accrued Liabilities, Current 767M USD -1.03%
Contract with Customer, Liability, Current 533M USD +18.7%
Liabilities, Current 2.27B USD -1.56%
Deferred Income Tax Liabilities, Net 92M USD +35.3%
Operating Lease, Liability, Noncurrent 347M USD +1.76%
Other Liabilities, Noncurrent 292M USD +33.9%
Liabilities 4.98B USD +2.36%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.52B USD +2.19%
Retained Earnings (Accumulated Deficit) -1.06B USD +46.2%
Stockholders' Equity Attributable to Parent 6.25B USD +19.1%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 6.32B USD +19.1%
Liabilities and Equity 11.3B USD +11.1%

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 396M shares +0.45%
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 468M USD -39.5%
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%
Depreciation 260M USD +4%
Payments to Acquire Property, Plant, and Equipment 69M USD +21.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1.02B USD +230%
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 +5.88%
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%
Deferred Income Tax Expense (Benefit) -489M USD -24350%
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
Deferred Federal Income Tax Expense (Benefit) -252M USD -8500%
Current Income Tax Expense (Benefit) 116M USD +36.5%
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%
Operating Lease, Payments 10M USD +11.1%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 2M USD
Current Federal Tax Expense (Benefit) -4M USD -300%
Amortization of Intangible Assets 43M USD -15.7%
Deferred Tax Assets, Net of Valuation Allowance 637M USD +349%
Share-based Payment Arrangement, Expense 66M USD -1.49%
Deferred State and Local Income Tax Expense (Benefit) -47M USD
Interest Expense 91M USD +13.8%
Preferred Stock, Par or Stated Value Per Share 0.01 USD/shares 0%