10-QEnergy

NOV Inc.

NOV · Period ending 2026-06-30 · Filed 2026-07-29 · Updated

In short

NOV Inc. (NOV) has revenue down 1.4% to $8.7B and net income down 77.2% to $145.0M year on year. Its net margin is 1.7% and gross margin 20.2%, and it trades at 70.3× trailing earnings. Fisclear flags 1 medium-severity risk and no high-severity ones. How we calculate this

Compare: NOV vs SLB · HAL vs NOV · BKR vs NOV · FTI vs NOV

Valuation

Energy
Live · Yahoo Finance

Price

$18.72

P/E (TTM)

69.3x

Price ÷ earnings per share

P/B

1.1x

Price ÷ book value

P/S (TTM)

0.8x

Price ÷ revenue per share

Beta

0.98

Moderate market correlation

PEG Ratio

0.8x

P/E ÷ earnings growth rate

52-Week Range

$13.61$18.72 now$21.93

Decision Context

Scores are balanced across the six engines. No single dimension dominates — this is consistent with a stable, mid-tier quality business.

Based on filing period ending Jun 2026

FisclearScore is a quantitative model using public financial data and sector median benchmarks (refreshed monthly). Not financial advice. Always conduct independent due diligence.

NOV vs

Macro Context

Fed Funds Rate

3.75%

Accommodative

10-Year Treasury

4.99%

2026-09-01

Unemployment

4.2%

Near full employment

CPI Index

334.1

2026-08-01

M2 Money Supply

$23.3T

2026-08-01

The Federal Funds rate stands at 3.75% — a moderately elevated rate environment that raises borrowing costs across the economy; 10-year Treasury yields are at 4.99%, setting the benchmark for long-term corporate borrowing; Unemployment stands at 4.2%; Industrial production index is at 103.1; M2 money supply is $23.3T; CPI index stands at 334.1.

SWOT Analysis — NOV

Inflationary Boom
Macro lens (Inflationary Boom): Rising costs and tighter margins amplify financial risks in this regime.
✦

Strengths

No standout strengths identified from the filing.

◈

Weaknesses

  • Net Income: $145.0M (-77.2% YoY) — Profit fell 77% but remained positive.

  • EPS (Diluted): $0.39 (-75.6% YoY) — Earnings per share fell 76%.

  • Gross Profit: $1.8B (-12.1% YoY) — Gross profit declined 12% — costs are growing faster than revenue.

  • Operating Cash Flow: $1.3B (-4.1% YoY) — Operating cash flow fell 4% but remained positive.

  • Revenue: $8.7B (-1.4% YoY) — Revenue fell 1% — the company generated less from its core operations.

◎

Opportunities

No clear opportunities identified at this time.

⚠

Threats

  • Net income dropped 77% year-over-year — a significant compression in profitability.

Year-over-Year Changes

Net Income

$145.0M

was $635.0M

−77.2%

Profit fell 77% but remained positive.

EPS (Diluted)

$0.39

was $1.60

−75.6%

Earnings per share fell 76%.

Gross Profit

$1.8B

was $2.0B

−12.1%

Gross profit declined 12% — costs are growing faster than revenue.

Operating Cash Flow

$1.3B

was $1.3B

−4.1%

Operating cash flow fell 4% but remained positive.

Revenue

$8.7B

was $8.9B

−1.4%

Revenue fell 1% — the company generated less from its core operations.

Risk Flags

0 high · 1 medium · 0 low
  • ◈ Medium

    Net income dropped 77% year-over-year — a significant compression in profitability.

Technical Signals

Daily closes · 1-year data

NOV Inc.: common questions

Is NOV Inc. profitable?

Yes. NOV Inc. made a net profit of $145M in its latest fiscal year (fiscal 2025), a net margin of 1.7%.

Is NOV Inc.'s revenue growing?

No. Revenue fell 1.4% year on year, to $8.7B.

What is NOV Inc.'s P/E ratio?

NOV Inc. trades at 69.3× its trailing twelve-month earnings. In other words, the share price is about 69 times the profit per share the company earned over the past year.

Does NOV Inc. pay a dividend?

Yes. NOV Inc.'s forward dividend yield is 1.87%, the expected annual dividend as a share of the current share price.

What are the main risks for NOV Inc.?

Fisclear's checks flag 1 medium- or high-severity risk. The most serious: Net income dropped 77% year-over-year — a significant compression in profitability.

Answers are generated from the figures in this report (updated 9 Oct 2026). Information, not investment advice.

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Data sourced from SEC EDGAR, FRED (Federal Reserve Economic Data), and Yahoo Finance. For informational purposes only. Not financial advice.