NOV Inc.(NOV) Stock Research - Grey Stern Research

NOV Inc. (NOV) Stock Analysis

$15.64 (-3.34%)

NOV Financial Performance


Use the table below to view NOV Inc.'s financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q3 - 2024

Metric Value Ranking among Peers
Price $16.18 -
52 Week Low $14.99 -
52 Week High $21.23 -
Market Cap $6.3 Billion 4/16
Gross Margin 21% 8/16
Profit Margin 6% 10/16
EBITDA margin 13% 7/16
Q3 - 2024 Revenue $2.2 Billion 5/16
Q3 - 2024 Earnings $130.0 Million 5/16
Q3 - 2024 Free Cash Flow $277.0 Million 5/16
Trailing 4 Quarters Revenue $8.9 Billion 3/16
Trailing 4 Quarters Earnings $1.1 Billion 3/16
Quarterly Earnings Growth 14% 6/16
Annual Earnings Growth 85% 2/16
Quarterly Revenue Growth 0% 10/16
Annual Revenue Growth 5% 8/16
Cash On Hand $985.0 Million 3/16
Short Term Debt $28.0 Million 7/16
Long Term Debt $1.7 Billion 3/16

NOV Inc. Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare NOV Inc.'s metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 5.87 14/16
PS 0.71 13/16
PB 0.97 14/16
PC 6.39 12/16
Liabilities to Equity 0.76 8/16
ROA 0.09 4/16
ROE 0.17 5/16
Current Ratio 2.33 9/16
Quick Ratio 0.20 8/16
Long Term Debt to Equity 0.27 8/16
Debt to Equity 0.27 9/16
Burn Rate -18.19 15/16
Cash to Cap 0.16 5/16
CCR 2.13 6/16
EV to EBITDA 25.12 9/16
EV to Revenue 0.79 12/16

Company Details

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 technologies for hydraulic fracture stimulation, including downhole multistage fracturing tools, pressure pumping trucks, blenders, sanders, hydration and injection units, flowline, and manifolds; coiled tubing units, and wireline units and tools; connections and liner hangers; onshore production consists of composite pipe, surface transfer and progressive cavity pumps, and artificial lift systems; and offshore production, such as floating production systems and subsea production technologies, as well as manufactures industrial pumps and mixers. It also provides substructures, derricks, and masts; cranes; jacking systems; pipe lifting, racking, rotating, and assembly systems; mud pumps; pressure control equipment; drives and generators; rig instrumentation and control systems; mooring, anchor, and deck handling machinery; equipment components for offshore wind construction vessels; and pipelay and construction systems. NOV Inc. offers spare parts, repair, and rentals as well as comprehensive remote equipment monitoring, technical support, field service, and customer training. The company was formerly known as National Oilwell Varco, Inc. and changed its name to NOV Inc. in January 2021. NOV Inc. was founded in 1862 and is based in Houston, Texas.

CEO: Mr. Clay Williams

Website: https://www.nov.com

Address: 7909 PARKWOOD CIRCLE DR Houston, TEXAS

Exchange: New York Stock Exchange

Industry: Oil & Gas Equipment & Services

NOV Inc. Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to NOV Inc.. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
Halliburton Company HAL $27.9 Billion
Schlumberger Limited SLB $61.6 Billion
TechnipFMC plc FTI $13.4 Billion
RPC, Inc. RES $1.4 Billion
Helix Energy Solutions Group, Inc. HLX $1.6 Billion
Oceaneering International, Inc. OII $3.1 Billion
Oil States International, Inc. OIS $350.9 Million
Dril-Quip, Inc. DRQ $530.9 Million
MRC Global Inc. MRC $1.2 Billion
Solaris Oilfield Infrastructure, Inc. SOI $498.1 Million
Cactus, Inc. WHD $4.5 Billion
Ranger Energy Services, Inc. RNGR $375.5 Million
ChampionX Corporation CHX $5.9 Billion
Bristow Group Inc. VTOL $1.1 Billion
Weatherford International plc WFRD $6.2 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
NOV Income Statements
Quarter Year Revenue Earnings
Q3 2024 $ 2.2 Billion $130.0 Million
Q2 2024 $ 2.2 Billion $226.0 Million
Q1 2024 $ 2.2 Billion $119.0 Million
Q4 2023 $ 2.3 Billion $598.0 Million
Q3 2023 $ 2.2 Billion $114.0 Million
Q2 2023 $ 2.1 Billion $155.0 Million
Q1 2023 $ 2.0 Billion $126.0 Million
Q4 2022 $ 2.1 Billion $104.0 Million

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NOV Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q3 2024 $985.0 Million $11.4 Billion $1.7 Billion $6.5 Billion
Q2 2024 $827.0 Million $11.3 Billion $2.4 Billion $6.5 Billion
Q1 2024 $468.0 Million $11.3 Billion $2.5 Billion $6.3 Billion
Q4 2023 $816.0 Million $11.3 Billion $2.4 Billion $6.2 Billion
Q3 2023 $513.0 Million $10.5 Billion $2.4 Billion $5.6 Billion
Q2 2023 $592.0 Million $10.4 Billion $2.4 Billion $5.5 Billion
Q1 2023 $774.0 Million $10.2 Billion $2.4 Billion $5.3 Billion
Q4 2022 $1.1 Billion $10.1 Billion $2.4 Billion $5.1 Billion

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NOV Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q3 2024 $277.0 Million -$82.0 Million $158.0 Million
Q2 2024 $350.0 Million -$82.0 Million $359.0 Million
Q1 2024 -$147.0 Million -$69.0 Million -$348.0 Million
Q4 2023 $215.0 Million $0 $215.0 Million
Q3 2023 -$34.0 Million -$74.0 Million -$79.0 Million
Q2 2023 -$148.0 Million -$76.0 Million -$182.0 Million
Q1 2023 -$259.0 Million -$57.0 Million -$295.0 Million
Q4 2022 $88.0 Million -$66.0 Million $71.0 Million

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