NOV Future Growth
Future criteria checks 0/6
NOV's earnings are forecast to decline at 8.4% per annum while its annual revenue is expected to grow at 3% per year. EPS is expected to decline by 9% per annum. Return on equity is forecast to be 9.1% in 3 years.
Key information
-8.4%
Earnings growth rate
-9.0%
EPS growth rate
| Energy Services earnings growth | 16.0% |
| Revenue growth rate | 3.0% |
| Future return on equity | 9.1% |
| Analyst coverage | Good |
| Last updated | 11 Nov 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 9,370 | 670 | 668 | 994 | 13 |
| 12/31/2025 | 9,066 | 600 | 623 | 952 | 20 |
| 12/31/2024 | 8,835 | 607 | 643 | 1,014 | 20 |
| 9/30/2024 | 8,905 | 1,073 | 781 | 1,090 | N/A |
| 6/30/2024 | 8,899 | 1,057 | 470 | 771 | N/A |
| 3/31/2024 | 8,776 | 986 | -28 | 267 | N/A |
| 12/31/2023 | 8,583 | 993 | -140 | 143 | N/A |
| 9/30/2023 | 8,313 | 499 | -353 | -80 | N/A |
| 6/30/2023 | 8,017 | 417 | -484 | -226 | N/A |
| 3/31/2023 | 7,651 | 331 | -503 | -278 | N/A |
| 12/31/2022 | 7,237 | 155 | -393 | -179 | N/A |
| 9/30/2022 | 6,681 | 11 | -509 | -297 | N/A |
| 6/30/2022 | 6,133 | -90 | -278 | -86 | N/A |
| 3/31/2022 | 5,823 | -185 | 17 | 215 | N/A |
| 12/31/2021 | 5,524 | -250 | 90 | 291 | N/A |
| 9/30/2021 | 5,334 | -557 | 251 | 441 | N/A |
| 6/30/2021 | 5,377 | -543 | 459 | 659 | N/A |
| 3/31/2021 | 5,456 | -610 | 653 | 860 | N/A |
| 12/31/2020 | 6,090 | -2,542 | 700 | 926 | N/A |
| 9/30/2020 | 7,044 | -2,580 | 973 | 1,213 | N/A |
| 6/30/2020 | 7,786 | -2,769 | 982 | 1,242 | N/A |
| 3/31/2020 | 8,422 | -8,065 | 533 | 791 | N/A |
| 12/31/2019 | 8,479 | -6,095 | 481 | 714 | N/A |
| 9/30/2019 | 8,596 | -5,698 | 225 | 462 | N/A |
| 6/30/2019 | 8,624 | -5,453 | 61 | 300 | N/A |
| 3/31/2019 | 8,598 | -40 | 364 | 612 | N/A |
| 12/31/2018 | 8,453 | -31 | 277 | 521 | N/A |
| 9/30/2018 | 8,024 | -57 | 383 | 621 | N/A |
| 6/30/2018 | 7,705 | -84 | N/A | 663 | N/A |
| 3/31/2018 | 7,358 | -183 | N/A | 592 | N/A |
| 12/31/2017 | 7,304 | -237 | N/A | 832 | N/A |
| 9/30/2017 | 7,027 | -937 | N/A | 664 | N/A |
| 6/30/2017 | 6,838 | -2,273 | N/A | 490 | N/A |
| 3/31/2017 | 6,803 | -2,415 | N/A | 450 | N/A |
| 12/31/2016 | 7,251 | -2,412 | N/A | 960 | N/A |
| 9/30/2016 | 8,281 | -3,221 | N/A | 1,421 | N/A |
| 6/30/2016 | 9,941 | -1,704 | N/A | 1,773 | N/A |
| 3/31/2016 | 12,126 | -1,198 | N/A | 1,839 | N/A |
| 12/31/2015 | 14,757 | -769 | N/A | 1,332 | N/A |
| 9/30/2015 | 17,744 | 1,349 | N/A | 1,454 | N/A |
| 6/30/2015 | 20,025 | 1,893 | N/A | 1,563 | N/A |
| 3/31/2015 | 21,371 | 2,212 | N/A | 2,240 | N/A |
| 12/31/2014 | 21,440 | 2,450 | N/A | 2,614 | N/A |
| 9/30/2014 | 21,033 | 2,482 | N/A | 3,396 | N/A |
| 6/30/2014 | 20,309 | 2,381 | N/A | 3,886 | N/A |
| 3/31/2014 | 19,734 | 2,267 | N/A | 3,379 | N/A |
| 12/31/2013 | 19,221 | 2,180 | N/A | 3,397 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: N1OV34's earnings are forecast to decline over the next 3 years (-8.4% per year).
Earnings vs Market: N1OV34's earnings are forecast to decline over the next 3 years (-8.4% per year).
High Growth Earnings: N1OV34's earnings are forecast to decline over the next 3 years.
Revenue vs Market: N1OV34's revenue (3% per year) is forecast to grow slower than the BR market (7.3% per year).
High Growth Revenue: N1OV34's revenue (3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: N1OV34's Return on Equity is forecast to be low in 3 years time (9.1%).