Nov (NOV) Asset Utilization Ratio (2009 - 2026)

Nov's (NOV) quarterly Asset Utilization Ratio came in at 0.77 in Q1 2026, down 0.54% year-on-year from 0.78 in Q1 2025, and little changed quarter-over-quarter from 0.77 in Q4 2025.

Nov (NOV) Asset Utilization Ratio (2009 - 2026) Analysis & Trends

Nov has disclosed Asset Utilization Ratio across 18 years of filings, most recently posting 0.77 for Q1 2026.

  • Asset Utilization Ratio for Q1 2026 came in at 0.77, down 0.54% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.77 (down 0.54% YoY), and the FY2025 annual result was 0.77, down 1.41% from the prior year.
  • Asset Utilization Ratio came in at 0.77 for Q1 2026 at Nov, roughly flat 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.
  • The 5-year median for Asset Utilization Ratio is 0.78 (2025), against an average of 0.75.
  • Across the five-year window, Asset Utilization Ratio increased 25.88% in 2022 and declined 1.38% in 2025, its largest moves.
  • Nov's Asset Utilization Ratio stood at 0.73 in 2022, then gained by 8.28% to 0.79 in 2023, then retreated by 1.15% to 0.78 in 2024, then declined by 0.75% to 0.77 in 2025, then advanced by 0.28% to 0.77 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.77 (Q1 2026), 0.77 (Q4 2025), and 0.77 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 0.51
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 0.61
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 0.88
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 1.01
5 Enerflex 8.62 Bn 8.57 Bn - 0.22
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 0.77
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 0.95
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 0.35
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 0.30
10 Liberty Energy 4.61 Bn 3.91 Bn 177.37 Mn 1.01

Historic Data

Download Data
DateValue
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