NOV Inc.

NOV Inc.verified

NOV

Price:

$16.61

Market Cap:

$6.46B

NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors worldwide. The company operates through three segments: Wellbore Technologies, Completion & Production Solutions, and Rig Technologies. It also provides solids control and waste management equipment and services; portable power generation products; drill and wired pipes; drilling optimization and automation services; tubular inspection, repair, and coating services; instrumentation; measuring and monitoring services; downhole and fishing tools; steerable technologies; and drill bits. The company offers equipment and techn...[Read more]

Industry

Oil & Gas Equipment & Services

IPO Date

1996-10-29

Stock Exchange

NYSE

Ticker

NOV

The ROE as of November 2024 (TTM) for NOV Inc. (NOV) is 16.99%

According to NOV Inc.’s latest financial reports and current stock price. The company's current ROE is 16.99%. This represents a change of 296.24% compared to the average of 4.29% of the last 4 quarters.

NOV Inc. (NOV) Historical ROE (quarterly & annually)

How has NOV ROE performed in the past?

The mean historical ROE of NOV Inc. over the last ten years is -12.33%. The current 16.99% ROE has changed -237.87% with respect to the historical average. Over the past ten years (40 quarters), NOV's ROE was at its highest in in the December 2023 quarter at 9.70%. The ROE was at its lowest in in the June 2019 quarter at -63.50%.

Quarterly (TTM)
Annual

Average

-12.33%

Median

-3.18%

Minimum

-77.66%

Maximum

16.10%

NOV Inc. (NOV) ROE by Quarter and Year

Discovering the peaks and valleys of NOV Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 34.69%

Maximum Annual ROE = 16.10%

Minimum Annual Increase = -162.40%

Minimum Annual ROE = -77.66%

Quarterly (TTM)
Annual
YearROEChange
202316.10%433.25%
20223.02%-162.40%
2021-4.84%-89.93%
2020-48.06%-38.11%
2019-77.66%34.69%
2018-0.22%-86.66%
2017-1.67%-90.34%
2016-17.32%268.99%
2015-4.69%-138.82%
201412.09%15.51%

NOV Inc. (NOV) Average ROE

How has NOV ROE performed in the past?

The current ROE of NOV Inc. (NOV) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

4.76%

5-year avg

-22.29%

10-year avg

-12.33%

NOV Inc. (NOV) ROE vs. Peers

How is NOV’s ROE compared to its peers?

NOV Inc.’s ROE is less than Dril-Quip, Inc. (0%), greater than MRC Global Inc. (-3.12%), less than Solaris Oilfield Infrastructure, Inc. (11.12%), less than Ranger Energy Services, Inc. (9.69%), less than Bristow Group Inc. (5.54%), less than RPC, Inc. (6.49%), less than Oceaneering International, Inc. (11.36%), less than Cactus, Inc. (20.91%), less than Halliburton Company (20.20%), less than Schlumberger Limited (25.91%), less than ChampionX Corporation (21.45%), less than Weatherford International plc (18.12%), less than Oil States International, Inc. (46.56%), greater than Helix Energy Solutions Group, Inc. (-2.95%), less than TechnipFMC plc (0.48%), less than null (21.70%),

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