NOV Inc. (NOV)

NOV Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	8,775	8,870	8,583	7,237	5,524	6,090
Revenue Growth (YoY)	-1.46%	3.34%	18.60%	31.01%	-9.29%	-28.18%
Cost of Revenue	6,867	6,750	6,740	5,840	4,750	5,656
Gross Profit	1,908	2,120	1,843	1,397	774	434
Selling, General & Admin	1,188	1,133	1,141	1,019	908	968
Operating Expenses	1,188	1,133	1,141	1,019	908	968
Operating Income	720	987	702	378	-134	-534
Interest Expense	-90	-91	-88	-78	-77	-84
Interest & Investment Income	43	38	28	19	9	7
Earnings From Equity Investments	-11	36	119	68	-5	-260
Currency Exchange Gain (Loss)	-45	-19	-84	-25	-16	-2
Other Non Operating Income (Expenses)	2	-9	-14	-10	-7	-15
EBT Excluding Unusual Items	619	942	663	352	-230	-888
Impairment of Goodwill	-	-	-	-	-	-1,295
Asset Writedown	-	-	-	-	-	-596
Other Unusual Items	-111	-111	-51	-114	-	-
Pretax Income	508	831	612	238	-230	-2,779
Income Tax Expense	115	196	-373	83	15	-242
Earnings From Continuing Operations	393	635	985	155	-245	-2,537
Net Income to Company	393	635	985	155	-245	-2,537
Minority Interest in Earnings	-10	-	8	-	-5	-5
Net Income	383	635	993	155	-250	-2,542
Net Income to Common	383	635	993	155	-250	-2,542
Net Income Growth	-64.31%	-36.05%	540.65%	-	-	-
Shares Outstanding (Basic)	378	392	393	390	386	384
Shares Outstanding (Diluted)	381	396	397	394	386	384
Shares Change (YoY)	-4.21%	-0.25%	0.76%	2.07%	0.52%	0.52%
EPS (Basic)	1.01	1.62	2.53	0.40	-0.65	-6.62
EPS (Diluted)	1.00	1.60	2.50	0.39	-0.65	-6.62
EPS Growth	-63.06%	-36.00%	541.03%	-	-	-
Free Cash Flow	877	953	-140	-393	90	700
Free Cash Flow Per Share	2.30	2.41	-0.35	-1.00	0.23	1.82
Dividend Per Share	0.300	0.275	0.200	0.200	0.050	0.050
Dividend Growth	20.00%	37.50%	-	300.00%	-	-75.00%
Gross Margin	21.74%	23.90%	21.47%	19.30%	14.01%	7.13%
Operating Margin	8.21%	11.13%	8.18%	5.22%	-2.43%	-8.77%
Profit Margin	4.37%	7.16%	11.57%	2.14%	-4.53%	-41.74%
Free Cash Flow Margin	9.99%	10.74%	-1.63%	-5.43%	1.63%	11.49%
EBITDA	1,101	1,358	1,027	679	172	-182
EBITDA Margin	12.55%	15.31%	11.97%	9.38%	3.11%	-2.99%
D&A For EBITDA	381	371	325	301	306	352
EBIT	720	987	702	378	-134	-534
EBIT Margin	8.21%	11.13%	8.18%	5.22%	-2.43%	-8.77%
Effective Tax Rate	22.64%	23.59%	-	34.87%	-	-
Revenue as Reported	8,870	8,870	8,583	7,237	5,524	6,090

Updated Oct 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q