NOV Inc. (NOV) stock
NOVNYSEOil & Gas Field Machinery & EquipmentFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 28, 2026Score 10/3012% above fair value
$18.09+0.29 (+1.63%)
Close on Nov 13, 2026Market cap $6.45BP/E 45.2Yield 2.82%
NOV gross margin
Gross margin is gross profit as a percentage of revenue.
NOV's gross margin for the twelve months ending Sep 30, 2026 was 20.7%. For fiscal 2025 it was 20.2%, against 22.7% the year before. The highest annual figure on record is 31.5% in fiscal 2010.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 20.2% | −2.5 |
| FY2024 | Dec 31, 2024 | 22.7% | +1.3 |
| FY2023 | Dec 31, 2023 | 21.4% | +2.9 |
| FY2022 | Dec 31, 2022 | 18.4% | +4.4 |
| FY2021 | Dec 31, 2021 | 14.0% | +6.9 |
| FY2020 | Dec 31, 2020 | 7.1% | −2.8 |
| FY2019 | Dec 31, 2019 | 10.0% | −7.1 |
| FY2018 | Dec 31, 2018 | 17.1% | +4.9 |
| FY2017 | Dec 31, 2017 | 12.2% | +13.6 |
| FY2016 | Dec 31, 2016 | -1.4% | −22.1 |
| FY2015 | Dec 31, 2015 | 20.8% | −6.3 |
| FY2014 | Dec 31, 2014 | 27.1% | +0.5 |
| FY2013 | Dec 31, 2013 | 26.6% | −2.8 |
| FY2012 | Dec 31, 2012 | 29.3% | −1.3 |
| FY2011 | Dec 31, 2011 | 30.7% | −0.8 |
| FY2010 | Dec 31, 2010 | 31.5% | +1.8 |
| FY2009 | Dec 31, 2009 | 29.8% | −0.6 |
| FY2008 | Dec 31, 2008 | 30.3% | +1.4 |
| FY2007 | Dec 31, 2007 | 28.9% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 19.7% | +0.8 |
| Q2 FY2026 | Jun 30, 2026 | 24.4% | +4.0 |
| Q1 FY2026 | Mar 31, 2026 | 18.5% | −2.8 |
| Q4 FY2025 | Dec 31, 2025 | 20.3% | −1.1 |
| Q3 FY2025 | Sep 30, 2025 | 18.9% | −2.5 |
| Q2 FY2025 | Jun 30, 2025 | 20.4% | −6.2 |
| Q1 FY2025 | Mar 31, 2025 | 21.3% | +0.0 |
| Q4 FY2024 | Dec 31, 2024 | 21.4% | +0.1 |
| Q3 FY2024 | Sep 30, 2024 | 21.4% | −0.0 |
| Q2 FY2024 | Jun 30, 2024 | 26.6% | +4.8 |
| Q1 FY2024 | Mar 31, 2024 | 21.3% | +0.3 |
| Q4 FY2023 | Dec 31, 2023 | 21.2% | −0.2 |
| Q3 FY2023 | Sep 30, 2023 | 21.4% | +1.9 |
| Q2 FY2023 | Jun 30, 2023 | 21.8% | +3.9 |
| Q1 FY2023 | Mar 31, 2023 | 20.9% | +7.1 |
| Q4 FY2022 | Dec 31, 2022 | 21.4% | +8.1 |
| Q3 FY2022 | Sep 30, 2022 | 19.5% | +5.7 |
| Q2 FY2022 | Jun 30, 2022 | 17.9% | +1.6 |
| Q1 FY2022 | Mar 31, 2022 | 13.8% | +1.3 |
| Q4 FY2021 | Dec 31, 2021 | 13.3% | +18.3 |
| Q3 FY2021 | Sep 30, 2021 | 13.8% | +3.8 |
| Q2 FY2021 | Jun 30, 2021 | 16.3% | +7.1 |
| Q1 FY2021 | Mar 31, 2021 | 12.5% | +0.6 |
| Q4 FY2020 | Dec 31, 2020 | -5.0% | −21.5 |
| Q3 FY2020 | Sep 30, 2020 | 10.0% | +2.9 |
| Q2 FY2020 | Jun 30, 2020 | 9.2% | +6.2 |
| Q1 FY2020 | Mar 31, 2020 | 11.9% | −1.3 |
| Q4 FY2019 | Dec 31, 2019 | 16.5% | −0.6 |
| Q3 FY2019 | Sep 30, 2019 | 7.1% | −11.1 |
| Q2 FY2019 | Jun 30, 2019 | 2.9% | −13.9 |
| Q1 FY2019 | Mar 31, 2019 | 13.2% | −2.8 |
| Q4 FY2018 | Dec 31, 2018 | 17.1% | +8.6 |
| Q3 FY2018 | Sep 30, 2018 | 18.2% | +2.7 |
| Q2 FY2018 | Jun 30, 2018 | 16.9% | +3.7 |
| Q1 FY2018 | Mar 31, 2018 | 16.0% | +4.0 |
| Q4 FY2017 | Dec 31, 2017 | 8.5% | +35.6 |
| Q3 FY2017 | Sep 30, 2017 | 15.5% | – |
| Q2 FY2017 | Jun 30, 2017 | 13.1% | – |
| Q1 FY2017 | Mar 31, 2017 | 12.0% | – |
| Q4 FY2016 | Dec 31, 2016 | -27.1% | – |
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