Nov (NOV) Asset Utilization Ratio (2009 - 2026)
Nov (NOV) reported Asset Utilization Ratio of 0.77 for Q1 2026, down 0.54% on a YoY basis from 0.78 in Q1 2025, and little changed sequentially from 0.77 in Q4 2025.
Nov (NOV) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Nov (NOV) has 18 years of Asset Utilization Ratio data on file, last reported at 0.77 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio fell 0.54% year-over-year to 0.77; the trailing twelve-month figure through Mar 2026 stood at 0.77 (down 0.54% YoY), and the FY2025 full-year result was 0.77, down 1.41% from the prior year.
- Asset Utilization Ratio was little changed at 0.77 in Q1 2026, from 0.77 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.79 in Q3 2023 to a low of 0.61 in Q1 2022.
- A 5-year average of 0.75 and a median of 0.78 in 2025 frame the typical range for Asset Utilization Ratio.
- Across the five-year window, Asset Utilization Ratio increased 25.88% in 2022 and declined 1.38% in 2025, its largest moves.
- Tracing NOV's Asset Utilization Ratio over 5 years: stood at 0.73 in 2022, then rose by 8.28% to 0.79 in 2023, then fell by 1.15% to 0.78 in 2024, then dropped by 0.75% to 0.77 in 2025, then gained by 0.28% to 0.77 in 2026.
- Business Quant data shows NOV's Asset Utilization Ratio at 0.77 in Q1 2026, 0.77 in Q4 2025, and 0.77 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 0.35 |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 0.45 |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 1.01 |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 0.88 |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 0.77 |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 0.94 |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 0.35 |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 1.06 |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 0.30 |
| 10 | Tidewater | 3.87 Bn | 3.32 Bn | 160.04 Mn | 0.57 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.77 |
| Dec 31, 2025 | 0.77 |
| Sep 30, 2025 | 0.77 |
| Jun 30, 2025 | 0.78 |
| Mar 31, 2025 | 0.78 |
| Dec 31, 2024 | 0.78 |
| Sep 30, 2024 | 0.78 |
| Jun 30, 2024 | 0.79 |
| Mar 31, 2024 | 0.78 |
| Dec 31, 2023 | 0.79 |
| Sep 30, 2023 | 0.79 |
| Jun 30, 2023 | 0.78 |
| Mar 31, 2023 | 0.75 |
| Dec 31, 2022 | 0.73 |
| Sep 30, 2022 | 0.69 |
| Jun 30, 2022 | 0.64 |
| Mar 31, 2022 | 0.61 |
| Dec 31, 2021 | 0.58 |
| Sep 30, 2021 | 0.56 |
| Jun 30, 2021 | 0.56 |