KPIs & Operating Metrics(New)
Growth Metrics

Nov (NOV) Asset Utilization Ratio (2016 - 2026)

Nov's Asset Utilization Ratio history spans 18 years, with the latest figure at 0.77 for Q1 2026.

  • On a quarterly basis, Asset Utilization Ratio fell 0.54% to 0.77 in Q1 2026 year-over-year; TTM through Mar 2026 was 0.77, a 0.54% decrease, with the full-year FY2025 number at 0.77, down 1.41% from a year prior.
  • Asset Utilization Ratio hit 0.77 in Q1 2026 for Nov, roughly flat from 0.77 in the prior quarter.
  • Over the last five years, Asset Utilization Ratio for NOV hit a ceiling of 0.79 in Q3 2023 and a floor of 0.61 in Q1 2022.
  • Historically, Asset Utilization Ratio has averaged 0.75 across 5 years, with a median of 0.78 in 2025.
  • Biggest five-year swings in Asset Utilization Ratio: grew 25.88% in 2022 and later dropped 1.38% in 2025.
  • Tracing NOV's Asset Utilization Ratio over 5 years: stood at 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, then rose by 0.28% to 0.77 in 2026.
  • Business Quant data shows Asset Utilization Ratio for NOV at 0.77 in Q1 2026, 0.77 in Q4 2025, and 0.77 in Q3 2025.