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
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