NOV Inc.

NOV

$21.49

-1.01%

2026-09-03 16:00:03 EDT-$0.22

Energy

Oil & Gas Equipment & Services

NYSE

Active Trading

NOV Inc. is a global leader in designing, manufacturing, and marketing essential systems, components, and products for the oil and gas drilling ...

Price Action of NOV

$21.49

-1.01%-$0.22

High—

Low—

52W High-1.6%

Rel. vol—

Interval

Range6.5h

Volume—SMA5SMA10

—

NOV Inc. (NYSE: NOV), formerly National Oilwell Varco, is a premier provider of technology, equipment, and services for the global energy industry. Founded in 1862 and headquartered in Houston, Texas, NOV has over 150 years of experience and employs approximately 8,900 people worldwide. The company operates through three core segments: ...NOV Inc. (NYSE: NOV), formerly National Oilwell Varco, is a premier provider of technology, equipment, and services for the global energy industry. Founded in 1862 and headquartered in Houston, Texas, NOV has over 150 years of experience and employs approximately 8,900 people worldwide. The company operates through three core segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. The Wellbore Technologies segment offers solids control and waste management equipment, portable power generation, drill pipe, drilling optimization and automation services, as well as tubular inspection and repair services. The Completion & Production Solutions segment specializes in hydraulic fracture stimulation equipment, including pumps, blenders, and flowlines, as well as production technologies like artificial lift and floating production systems. The Rig Technologies segment provides drilling rig infrastructure, such as derricks, cranes, and jacking systems, along with mud pumps and control systems. Beyond products, NOV offers after-sales support, including spare parts, repair services, rentals, remote monitoring, technical support, field service, and training programs. Financially, NOV has a market capitalization of approximately $7 billion, with revenue per share of $23.99 and a price-to-sales ratio of 0.81. The company maintains a solid balance sheet with a current ratio of 2.42 and a debt-to-equity ratio of 0.375. Gross profit margin is 20.5%, and EBITDA margin is 9.2%. NOV is committed to energy transition solutions, supporting offshore wind and renewable energy sectors. The company's leadership, including CEO Jose Bayardo, focuses on innovation and operational excellence to drive sustainable growth and customer success.ExpandCollapse

Founded

1862

Employees

31605

CEO

Jose A. Bayardo

Full Name

NOV Inc.

Sector

Energy

Industry

Oil & Gas Equipment & Services

ROE

1.53%

Market Cap

$7.66B

Current Ratio

2.42

WACC

7.70%

ROIC

1.58%

Contact Information

https://www.nov.com

713 346 7500

10353 Richmond Avenue, Houston, TX 77042-4103

Key Metrics of NOV

Snapshot

Latest / TTM · 6 periods

Market Cap

$7.66B

ROCE

5.8%

EV / EBITDA

11.28x

-0.6% YoY

FCF Yield

7.3%

-7.5% YoY

Cash Conversion Cycle

134.5d

Current Ratio

2.42

Quick take

TTM —

Positive CCC

Financial Highlights of NOV

Profitability trend

Latest / TTM · 6 periods

Gross Margin

20.5%

Net Margin

1.1%

P/E Ratio

82.65x

n/a

Debt / Equity

0.37

n/a

Current Ratio

2.42

Dividend Yield

2.0%

Understanding

TTM —

No major balance sheet stress in these headline ratios.

Calendar of NOV

Upcoming

Sep 11, 2026In 7 days
Ex-dividend date
$0.33 per share
Sep 25, 2026In 21 days
Dividend payment
$0.33 per share
Dec 31, 2026
FY2026 · Estimated annual results
Est. EPS $0.92 · Revenue $8.66B · 12 analysts
Dec 31, 2027
FY2027 · Estimated annual results
Est. EPS $1.27 · Revenue $9.08B · 12 analysts

Recent history

Jul 29, 2026
Q2 FY2026 · Results reported
EPS $0.31 · Revenue $2.13B
View filing
Apr 28, 2026
Q1 FY2026 · Results reported
EPS $0.05 · Revenue $2.05B
View filing
Feb 12, 2026
FY2025 · Annual results
EPS $0.39 · Revenue $8.74B
View filing
Oct 28, 2025
Q3 FY2025 · Results reported
EPS $0.11 · Revenue $2.18B
View filing
Jul 29, 2025
Q2 FY2025 · Results reported
EPS $0.29 · Revenue $2.19B
View filing
Apr 29, 2025
Q1 FY2025 · Results reported
EPS $0.19 · Revenue $2.10B
View filing

Financial Statements of NOV

5Y Trend (Revenue, Earnings, FCF)

Metric	Latest	YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength.	QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes.
RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three).	$8.7B	-1.4%	+4.0%
Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day.	$145.0M	-77.2%	+460.0%
Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials.	+20.2%	-10.8%	+32.2%
Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on).	+6.5%	-34.7%	+294.9%
Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales.	+1.7%	-76.8%	+438.5%
Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock.	$864.0M	-9.3%	+29.7%
FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine.	+9.9%	-8.0%	+32.4%
Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe.	37.3%	-0.2%	-0.4%
Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking.	2.42x	-1.6%	-1.9%
Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground.	$11.3B	-0.6%	+0.5%

Actual vs Estimate

A Dec 31Q Sep 30

Metric	Annual (A vs E)	Annual Surprise	Quarter (A vs E)	Quarter Surprise
EPS Surprise	0.39 vs 0.94	-58.4%	0.31 vs 0.35	-11.4%
Revenue Surprise	$8.7B vs $8.6B	+1.2%	$2.1B vs $2.4B	-10.7%

Insider Transactions of NOV

Acquisitions (A)

Since Mar 20, 2026

Disposals (D)

Since Mar 20, 2026

Monthly shares of acquisitions/disposals with close price trend (shared daily price source)

Insider Trading Snapshot

Date	Executive	Title	Security	Side	Shares	Price
Jul 31, 2026	HARRISON DAVID D	director	Common Stock	D	9,594	$19.21
May 20, 2026	Donadio Marcela E	director	Common Stock	A	9,457	—
May 20, 2026	Chowbey Sanjay	director	Common Stock	A	9,457	—
May 20, 2026	Martinez Patricia	director	Common Stock	A	9,457	—
May 20, 2026	Welborn Robert S.	director	Common Stock	A	9,457	—

Earnings Call Transcript of NOV

1 transcript segments

Q2 2026

Unknown Speaker

Operator: Good day, and thank you for standing by. Welcome to the Second Quarter 26 NOV Inc. Earnings Conference Call. At this time, participants are in a listen only mode. After the speakers' presentation, there will be a question-and-answer session. To ask a question during this session, you will need to press star-1-1 on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please press star-1-1 again. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your speaker today, Amie D'Ambrosio, Director of IR. Ma'am? Please go ahead. Amie D'Ambrosio: Welcome everyone to NOV's Second Quarter 26 Earnings Conference Call. With me today are Jose A. Bayardo, our Chairman, President and CEO and Rodney Reed, our Senior Vice President and CFO. Before we begin, I would like to remind you that some of today's comments are forward looking statements within the meaning of the federal securities laws. They involve risks and uncertainty, and actual results may differ materially. No 1 should assume these forward looking statements remain valid later in the quarter or later in the year. For a more detailed discussion of the major risk factors affecting our business, please refer to our latest forms 10 ks and 10 Q filed with the Securities and Exchange Commission. Our comments also include non GAAP measures. Reconciliations to the nearest corresponding GAAP measures are in our earnings release available on our website. On a U. S. GAAP basis, for the second quarter of 26, NOV reported revenues of $2.13 billion and a net income of $112 million or $0.31 per fully diluted share. Our use of the term EBITDA throughout this morning's call corresponds with the term adjusted EBITDA. As defined in our earnings release. Later in the call, we will host a question-and-answer session. Please limit yourself to 1 question and 1 follow-up to permit more participation. Now let me turn the call over to Jose A. Bayardo. Jose A. Bayardo: Thank you, Amie. Good morning, everyone, and thank you for joining us. NOV executed exceptionally well during the second quarter. Our team successfully navigated continued logistical challenges in The Middle East, while capitalizing on improving demand for the critical technologies and equipment NOV provides to the global energy industry. We also realized additional benefits from the operational improvements we have been making across the organization. NOV generated revenue of $2.13 billion during the second quarter, an improvement of 4% sequentially. Adjusted EBITDA totaled $283 million Excluding the approximately $40 million AIPA tariff benefit recognized during the quarter, adjusted EBITDA was $243 million reflecting approximately 80% incremental EBITDA conversion on our sequential revenue growth. The strong incremental margins reflect excellent execution on several large projects nearing completion, a more favorable sales mix …

Leadership Team of NOV

10 executives

Name	Title	Compensation	Gender	Year Born	Status
Jose A. Bayardo	President, CEO & Chairman	USD 1,559,496	Male	1972	Active
Joseph W. Rovig	President of Energy Equipment	USD 1,324,271	Male	1961	Active
Craig L. Weinstock	Senior Vice President, General Counsel & Secretary	USD 1,008,554	Male	1959	Active
Rodney Reed	Senior Vice President & Chief Financial Officer	USD 985,219	Male	1981	Active
David Reid	Chief Marketing Officer & Chief Technology Officer	—	Male	—	Active
Christy H. Novak	Vice President, Corporate Controller & Chief Accounting Officer	—	Female	1973	Active
Mike Loucaides	Chief Health, Safety, Security & Environmental Officer	—	Male	—	Active
Amie D'Ambrosio	Director of Investor Relations	—	—	—	Active
Alex Philips	Chief Information Officer	—	Male	—	Active
Bonnie Houston	Chief Administrative Officer	—	Female	—	Active

Recent News of NOV

Zacks Investment Research8/3/2026Neutral

Zacks Industry Outlook NOV, Oil States International and Natural Gas Services

NOV, Oil States International and Natural Gas Services have been highlighted in this Industry Outlook article.

Defense World8/3/2026Neutral

Edgestream Partners L.P. Has $2.49 Million Stake in NOV Inc. $NOV

Edgestream Partners L.P. reduced its stake in shares of NOV Inc. (NYSE: NOV) by 18.0% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 132,431 shares of the oil and gas exploration company's stock after selling 29,162 shares during the period. Edgestream Partners L.P.'s holdings

Zacks Investment Research7/31/2026Neutral

3 Oilfield Equipment Stocks That Can Thrive Amid Industry Headwinds

Softer equipment demand and conservative capital spending by upstream players make the outlook for the Zacks Oil and Gas- Mechanical and Equipment industry gloomy. NOV, OIS and NGS are trying to survive industry challenges.

Zacks Investment Research7/30/2026Neutral

NOV Earnings Reveal Improving Margins Amid Uneven Revenue Trends Today

NOV's margin gains and record Energy Equipment profitability offset uneven revenues as backlog trends shape the second-half outlook.

Zacks Investment Research7/30/2026Neutral

NOV Q2 Earnings Surpass Estimates, Revenues Decrease Y/Y

NOV beats Q2 earnings and revenue estimates despite lower sales, as Energy Equipment strength, shareholder returns and upbeat Q3 guidance support momentum.

Historical Employee Count of NOV

Current

8,900

Change

-4.30%

Minimum

8,900

Maximum

33,676

Recent Filings

Report Date	Employees	Form Type	Filing Date	SEC Filing
Dec 31, 2025	8,900	10-K	Feb 12, 2026	View
Dec 31, 2024	9,300	10-K	Feb 14, 2025	View
Dec 31, 2023	33,676	10-K	Feb 14, 2024	View
Dec 31, 2022	32,307	10-K	Feb 14, 2023	View
Dec 31, 2021	27,043	10-K	Feb 11, 2022	View

Related stocksOil & Gas Equipment & Services

Browse all US stocks →

About UsPrivacy PolicyTerms of ServiceDisclaimerStock DirectoryETFsIndices13F HoldingsAnalyst TargetsFree ToolsTechnology MapJoin our Slack

Plutux is not an investment adviser. Market data and AI-generated analysis are for information and education only, not investment advice. Disclaimer

NOV Inc.