Nov (NOV) Asset Utilization Ratio (2009 - 2026)
Nov (NOV) posted Asset Utilization Ratio of 0.77 for Q2 2026, little changed sequentially from 0.77 in Q1 2026, and little changed YoY from 0.78 in Q2 2025.
Nov (NOV) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Nov has reported Asset Utilization Ratio for 18 years, with the latest figure at 0.77 in Q2 2026.
- Quarterly Asset Utilization Ratio changed 0.42% year-over-year to 0.77 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.77 (changed 0.42% YoY) and the FY2025 annual result came in at 0.77, down 1.41% from the prior year.
- Asset Utilization Ratio held at 0.77 in Q2 2026 per NOV's latest filing, from 0.77 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.79 in Q3 2023 and troughed at 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.
- The sharpest annual moves came in 2022 and 2025: Asset Utilization Ratio gained 25.88% in 2022, then retreated 1.38% in 2025.
- Over 5 years, Asset Utilization Ratio stood at 0.73 in 2022, then climbed by 8.28% to 0.79 in 2023, then slipped by 1.15% to 0.78 in 2024, then retreated by 0.75% to 0.77 in 2025, then grew by 0.07% to 0.77 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.77, 0.77, and 0.77 for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.04 Bn | 75.97 Bn | 4.63 Bn | 0.51 |
| 2 | Baker Hughes | 62.13 Bn | 46.40 Bn | 1.58 Bn | 0.54 |
| 3 | Tenaris | 52.97 Bn | 43.94 Bn | 984.66 | 145,330.70 |
| 4 | TechnipFMC | 31.00 Bn | 29.76 Bn | 1.40 Bn | 1.02 |
| 5 | Halliburton | 29.57 Bn | 27.53 Bn | 2.10 Bn | 0.88 |
| 6 | Nov | 7.25 Bn | 6.09 Bn | 521.00 Mn | 0.77 |
| 7 | Weatherford International | 6.59 Bn | 5.45 Bn | 662.00 Mn | 0.94 |
| 8 | Kodiak Gas Services | 5.67 Bn | 5.53 Bn | 246.76 Mn | 0.28 |
| 9 | Archrock | 5.54 Bn | 5.53 Bn | 244.51 Mn | 0.34 |
| 10 | Oceaneering International | 5.24 Bn | 4.61 Bn | 156.98 Mn | 1.08 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.77 |
| 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 |