NOV Past Earnings Performance
Past criteria checks 5/6
NOV has been growing earnings at an average annual rate of 83.3%, while the Energy Services industry saw earnings growing at 53% annually. Revenues have been growing at an average rate of 3.6% per year. NOV's return on equity is 16.4%, and it has net margins of 12%.
Key information
83.3%
Earnings growth rate
83.4%
EPS growth rate
Energy Services Industry Growth | 23.7% |
Revenue growth rate | 3.6% |
Return on equity | 16.4% |
Net Margin | 12.0% |
Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
We Think NOV (NYSE:NOV) Can Stay On Top Of Its Debt
Nov 10NOV Is A Hold As It Expects Higher Drilling Activity By 2026
Oct 30Returns At NOV (NYSE:NOV) Are On The Way Up
Oct 15NOV Inc.'s (NYSE:NOV) Intrinsic Value Is Potentially 100% Above Its Share Price
Sep 12NOV Inc.'s (NYSE:NOV) Shares Lagging The Market But So Is The Business
Aug 28Is NOV (NYSE:NOV) Using Too Much Debt?
Jul 26Here's Why NOV (NYSE:NOV) Has Caught The Eye Of Investors
Jul 11NOV: A Top Oil And Gas Services Pick Under Quiet Accumulation
Jul 09Returns On Capital Are Showing Encouraging Signs At NOV (NYSE:NOV)
Jun 06NOV's (NYSE:NOV) Upcoming Dividend Will Be Larger Than Last Year's
May 22Is NOV Inc. (NYSE:NOV) Trading At A 22% Discount?
May 14NOV (NYSE:NOV) Has A Pretty Healthy Balance Sheet
Apr 23NOV: Energy Supplier Sees Some Energy Itself
Apr 15NOV (NYSE:NOV) Is Paying Out A Dividend Of $0.05
Mar 07Some Confidence Is Lacking In NOV Inc.'s (NYSE:NOV) P/S
Mar 05There May Be Underlying Issues With The Quality Of NOV's (NYSE:NOV) Earnings
Feb 15NOV's Selloff On Last Week's Events Is Likely Overdone, But Wait For The Dust To Settle
Feb 05Earnings Beat: NOV Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Feb 04Estimating The Intrinsic Value Of NOV Inc. (NYSE:NOV)
Jan 14NOV Earnings Preview: Cash Flow Inflection Point Is Coming
Jan 08We Think NOV (NYSE:NOV) Can Stay On Top Of Its Debt
Dec 18NOV (NYSE:NOV) Is Looking To Continue Growing Its Returns On Capital
Dec 05NOV (NYSE:NOV) Will Pay A Dividend Of $0.05
Nov 20Here's Why We Think NOV (NYSE:NOV) Is Well Worth Watching
Oct 30NOV: A Balanced Approach For Long-Term Investors
Oct 24NOV Inc.'s (NYSE:NOV) Intrinsic Value Is Potentially 38% Above Its Share Price
Oct 13Returns Are Gaining Momentum At NOV (NYSE:NOV)
Sep 04NOV: Riding The Wave Of International Drilling Growth
Aug 09NOV Inc.'s (NYSE:NOV) P/S Still Appears To Be Reasonable
Jul 26A Look At The Fair Value Of NOV Inc. (NYSE:NOV)
Jul 08We Think NOV (NYSE:NOV) Is Taking Some Risk With Its Debt
Jun 19NOV: A Hold Until Valuation Goes Down
May 26NOV (NYSE:NOV) Is Looking To Continue Growing Its Returns On Capital
Apr 17A Look At The Fair Value Of NOV Inc. (NYSE:NOV)
Mar 27NOV (NYSE:NOV) Has A Somewhat Strained Balance Sheet
Mar 06National Oilwell Varco declares $0.05 dividend
Feb 24Revenue & Expenses Breakdown
How NOV makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
---|---|---|---|---|
30 Sep 24 | 8,905 | 1,073 | 1,143 | 0 |
30 Jun 24 | 8,899 | 1,057 | 1,153 | 0 |
31 Mar 24 | 8,776 | 986 | 1,152 | 0 |
31 Dec 23 | 8,583 | 993 | 1,141 | 0 |
30 Sep 23 | 8,313 | 499 | 1,127 | 0 |
30 Jun 23 | 8,017 | 417 | 1,104 | 0 |
31 Mar 23 | 7,651 | 331 | 1,069 | 0 |
31 Dec 22 | 7,237 | 155 | 1,019 | 0 |
30 Sep 22 | 6,681 | 11 | 955 | 0 |
30 Jun 22 | 6,133 | -90 | 921 | 0 |
31 Mar 22 | 5,823 | -185 | 899 | 0 |
31 Dec 21 | 5,524 | -250 | 908 | 0 |
30 Sep 21 | 5,334 | -557 | 926 | 0 |
30 Jun 21 | 5,377 | -543 | 911 | 0 |
31 Mar 21 | 5,456 | -610 | 929 | 0 |
31 Dec 20 | 6,090 | -2,542 | 968 | 0 |
30 Sep 20 | 7,044 | -2,580 | 1,022 | 0 |
30 Jun 20 | 7,786 | -2,769 | 1,102 | 0 |
31 Mar 20 | 8,422 | -8,065 | 1,282 | 0 |
31 Dec 19 | 8,479 | -6,095 | 1,303 | 0 |
30 Sep 19 | 8,596 | -5,698 | 1,336 | 0 |
30 Jun 19 | 8,624 | -5,453 | 1,363 | 0 |
31 Mar 19 | 8,598 | -40 | 1,249 | 0 |
31 Dec 18 | 8,453 | -31 | 1,233 | 0 |
30 Sep 18 | 8,024 | -57 | 1,189 | 0 |
30 Jun 18 | 7,705 | -84 | 1,161 | 0 |
31 Mar 18 | 7,358 | -183 | 1,151 | 0 |
31 Dec 17 | 7,304 | -237 | 1,169 | 0 |
30 Sep 17 | 7,027 | -937 | 1,198 | 0 |
30 Jun 17 | 6,838 | -2,273 | 1,199 | 0 |
31 Mar 17 | 6,803 | -2,415 | 1,211 | 0 |
31 Dec 16 | 7,251 | -2,412 | 1,338 | 0 |
30 Sep 16 | 8,281 | -3,221 | 1,417 | 0 |
30 Jun 16 | 9,941 | -1,704 | 1,478 | 0 |
31 Mar 16 | 12,126 | -1,198 | 1,590 | 0 |
31 Dec 15 | 14,757 | -769 | 1,764 | 0 |
30 Sep 15 | 17,744 | 1,349 | 1,902 | 0 |
30 Jun 15 | 20,025 | 1,893 | 2,088 | 0 |
31 Mar 15 | 21,371 | 2,212 | 2,208 | 0 |
31 Dec 14 | 21,440 | 2,450 | 2,092 | 0 |
30 Sep 14 | 21,033 | 2,482 | 2,063 | 0 |
30 Jun 14 | 20,309 | 2,381 | 2,000 | 0 |
31 Mar 14 | 19,734 | 2,267 | 1,923 | 0 |
31 Dec 13 | 19,221 | 2,180 | 1,905 | 0 |
Quality Earnings: NOV has high quality earnings.
Growing Profit Margin: NOV's current net profit margins (12%) are higher than last year (6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NOV has become profitable over the past 5 years, growing earnings by 83.3% per year.
Accelerating Growth: NOV's earnings growth over the past year (115%) exceeds its 5-year average (83.3% per year).
Earnings vs Industry: NOV earnings growth over the past year (115%) exceeded the Energy Services industry 17%.
Return on Equity
High ROE: NOV's Return on Equity (16.4%) is considered low.