Pricing Log in Create free account
Friday 6 November 2026 Export NOV’s income statement to Excel — free account

NOV Inc.

NOV Energy Oil & Gas Equipment & Services

NOV Inc.’s revenue for fiscal 2025 (year ended December 2025) was $8.7 billion, down 1.42% from fiscal 2024.

Revenue
+2.30%
EPS
+141.9%
Free cash flow
−116.3%
Total debt
−0.64%

Quarter to September 2026, against a year earlier

17.66 0.27 +1.55%
Market cap
$6.2B
P/E
41.9×
Fwd P/E
21.5×
Dividend yield
1.98%
F-score
5/9
Altman Z
1.90
Beneish M
−2.99
Dividend safety
41/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

NOV Inc. (NOV) Debt to equity

Alert me on Debt to equity

NOV Inc.'s debt to equity at the end of the quarter to 30 September 2026 was 0.3×, down 0.0× from fiscal 2025 (0.3×). Over the past ten years it has ranged from 0.2× (fiscal 2018) to 0.4× (fiscal 2020); the current reading is higher than 64% of that period. That is below the Oil & Gas Equipment & Services industry median of 0.4× and below the Energy sector median of 0.4×.

Debt to equity, annual

Embed this chart

Annual newest first

Period Debt to equity Change
FY2025 0.3× 0.37%
FY2024 0.3× (2.06%)
FY2023 0.3× (17.98%)
FY2022 0.3× (0.38%)
FY2021 0.3× (8.15%)
FY2020 0.4× 37.43%
FY2019 0.3× 49.55%
FY2018 0.2× (6.42%)
FY2017 0.2× (16.56%)
FY2016 0.2× (3.37%)

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.3× (0.70%)
Jun 2026 0.3× (0.40%)
Mar 2026 0.3× 0.70%
Dec 2025 0.3× 0.00%
43 more quarters

Against its own ten years

Low 0.2× High 0.4×
Ten-year median 0.3×
Current reading's percentile 64

Debt to equity against peers

Company Debt to equity
WHD Cactus, Inc. compare 0.0×
NOV NOV Inc. 0.3×
OII Oceaneering International, Inc. compare 0.4×
TDW Tidewater Inc. compare 0.5×
WFRD Weatherford International PLC compare 0.7×
KGS Kodiak Gas Services, Inc. compare 1.3×
AROC Archrock, Inc. compare 1.5×
SEI Solaris Energy Infrastructure, Inc. compare 2.2×
USAC USA Compression Partners, LP compare 11.6×
Oil & Gas Equipment & Services industry median 0.4×
Energy sector median 0.4×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

More on NOV