KPIs & Operating Metrics(New)
Growth Metrics

Nov (NOV) Asset Utilization Ratio (2016 - 2025)

Nov's Asset Utilization Ratio history spans 17 years, with the latest figure at 0.77 for Q4 2025.

  • For Q4 2025, Asset Utilization Ratio fell 0.75% year-over-year to 0.77; the TTM value through Dec 2025 reached 0.77, down 0.75%, while the annual FY2025 figure was 0.77, 1.41% down from the prior year.
  • Asset Utilization Ratio for Q4 2025 was 0.77 at Nov, roughly flat from 0.77 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 0.79 in Q3 2023 and bottomed at 0.56 in Q3 2021.
  • The 5-year median for Asset Utilization Ratio is 0.77 (2025), against an average of 0.71.
  • The largest annual shift saw Asset Utilization Ratio decreased 24.26% in 2021 before it rose 25.88% in 2022.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.58 in 2021, then rose by 25.88% to 0.73 in 2022, then increased by 8.28% to 0.79 in 2023, then decreased by 1.15% to 0.78 in 2024, then fell by 0.75% to 0.77 in 2025.
  • Per Business Quant, the three most recent readings for NOV's Asset Utilization Ratio are 0.77 (Q4 2025), 0.77 (Q3 2025), and 0.78 (Q2 2025).