Full text
Earnings transcript
Read the complete earnings call transcript.
NOV
NOV Inc.
$18.78
0.11
(0.59%)
| Exchange: | NYSE |
| Market Cap: | 6.85B |
| Shares Outstanding: | 81.333M |
About The Company
| Sector: | Energy | |||||
| Industry: | Oil & Gas Equipment & Services | |||||
| CEO: | Jose A. Bayardo | |||||
| Full Time Employees: | 34010 | |||||
| Address: |
| |||||
| Website: | https://www.nov.com |
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.
Click to read more…
Revenue Segmentation
EPS
Historical EPS and analyst estimates in one chart. Log in for the full interactive view and links to detailed estimates.
Earnings Call
AI summary
Key takeaways
Short, structured highlights from the call so you can focus on what matters.
Log in to continue
Log in to read the full transcript and AI-generated earnings summaries.
Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 8,583,000 | 8,870,000 | 8,744,000 |
| Gross Profit | 1,833,000 | 2,010,000 | 1,767,000 |
| EBITDA | 1,002,000 | 1,265,000 | 818,000 |
| Operating Income | 651,000 | 876,000 | 564,000 |
| Net Income | 993,000 | 635,000 | 145,000 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 11,294,000 | 11,361,000 | 11,291,000 |
| Total Liabilities | 5,052,000 | 4,933,000 | 4,969,000 |
| Total Stockholders Equity | 6,168,000 | 6,376,000 | 6,322,000 |
| Total Debt | 2,377,000 | 2,386,000 | 2,861,000 |
| Cash and Cash Equivalents | 816,000 | 1,230,000 | 1,552,000 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 143,000 | 1,304,000 | 1,239,000 |
| Capital Expenditure | -283,000 | -351,000 | -375,000 |
| Free Cash Flow | -140,000 | 953,000 | 864,000 |
| Net Income | 993,000 | 635,000 | 145,000 |
| Net Change in Cash | -253,000 | 414,000 | 322,000 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2030 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 9,240,481.419 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 9,863,397.904 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 9,525,000 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 1,680,529.305 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 1,793,816.628 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 1,732,273.558 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 677,625.001 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 737,561.251 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 705,000.001 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 1,322,064.833 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 1,411,187.461 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 1,362,771.805 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 1.880 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 1.970 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 1.810 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 3 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 2 | Full Access | Full Access | Full Access | Full Access |
Log in to continue
Log in and subscribe to Full Access to see up to 5 years of analyst estimates.
Login — it's free(* All numbers are in thousands)
Current Key Metrics
Log in to continue
Log in to see all key valuation metrics and ratios for this symbol.
Login — it's freeForward P/E Ratios
Log in to continue
Log in with Full Access for forward P/E high/low estimates and the full multi-year table.
Login — it's freeSWOT Analysis
Strengths (preview)
- Robust Revenue Performance: NOV has demonstrated consistent revenue generation as per the latest income statements, reflecting a strong operational base within the energy equipment and services sector. This is supported by diversified revenue streams across product categories and geographic segments.
- Solid Financial Position: The balance sheet indicates a healthy level of cash and cash equivalents alongside manageable total liabilities, suggesting financial stability. Key metrics such as current ratio (TTM) and quick ratio (TTM) further affirm liquidity strength to meet short-term obligations.
- Positive Free Cash Flow: Cash flow statements highlight a positive free cash flow (TTM), indicating the company’s ability to generate cash after funding capital expenditures. This provides flexibility for reinvestment or debt reduction.
- Industry Positioning: NOV benefits from operating in the energy sector, which shows favorable performance metrics (sector_perf1y, sector_perf5y), suggesting a supportive industry environment that enhances the company’s market standing.
Log in with Full Access for Weaknesses, Opportunities, Threats, and the complete SWOT.
At what price to buy it? -
Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MARKETSnap estimates NOV intrinsic value between $32.99 – $35.41 per share. This depends on revenue growth, margins, and discount rate.
This is an automatic estimate. The most reliable way to know fair value for your own assumptions is to run the calculator below.
Common questions about NOV valuation
Is NOV Inc. (NOV) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for NOV Inc. (NOV) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is NOV a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether NOV trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is NOV’s P/E ratio?
You can see NOV’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for NOV?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is NOV a good long-term investment?
Whether NOV fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
NOV
1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.
Daily snapshot
0.59
Trading Metrics:
| Open: | 18.57 | Previous Close: | 18.67 | |
| Day Low: | 18.35 | Day High: | — | |
| Year Low: | Year High: | |||
| Price Avg 50: | Price Avg 200: | |||
| Volume: | Average Volume: |
Log in to continue
Log in for multi-period charts (1W–5Y), period tabs, and the same layout as members.
Login — it's free
Relevant news
