NOV Inc. Annual Operating Margin in % from 2016 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
NOV Inc. quarterly/annual Operating Margin history and growth rate from 2016 to 2023.
  • NOV Inc. Operating Margin for the quarter ending June 30, 2024 was 9.2 %, a 40.9% increase year-over-year.
  • NOV Inc. annual Operating Margin for 2023 was 7.58 %, a 108% increase from 2022.
  • NOV Inc. annual Operating Margin for 2022 was 3.65 %.
  • NOV Inc. annual Operating Margin for 2021 was -2.43 %, a 93.9% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 7.58 +3.94 +108% Jan 1, 2023 Dec 31, 2023
2022 3.65 +6.07 Jan 1, 2022 Dec 31, 2022
2021 -2.43 +37.4 +93.9% Jan 1, 2021 Dec 31, 2021
2020 -39.8 +34.2 +46.2% Jan 1, 2020 Dec 31, 2020
2019 -74.1 -76.6 -3067% Jan 1, 2019 Dec 31, 2019
2018 2.5 +6.29 Jan 1, 2018 Dec 31, 2018
2017 -3.79 +29.5 +88.6% Jan 1, 2017 Dec 31, 2017
2016 -33.3 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.