Nov (NOV) Capital Expenditures (2009 - 2026)
Nov (NOV) reported Capital Expenditures of $81 million for Q2 2026, down 2.4% from $83 million a year earlier but up 24.6% from the prior quarter.
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Analysis
Nov (NOV) Capital Expenditures (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Nov's Capital Expenditures came in at $354 million, down 3.5% year-over-year; for FY2025, it was $375 million, up 6.8% from FY2024.
- Capital Expenditures has increased for four consecutive years, with a five-year compound annual growth rate of 10.7% (FY2020 to FY2025).
- By year, Capital Expenditures came in at $351 million in FY2024 (+24.0%), $283 million in FY2023 (+32.2%), $214 million in FY2022 (+6.5%) and $201 million in FY2021 (-11.1%).
- Five-year quarterly Capital Expenditures spans a low of $39 million in Q3 2021 and a high of $118 million in Q4 2024.
- Year over year, Capital Expenditures has now declined in each of the last three quarters, with growth averaging 10.0% over the last eight quarters.
- The high point for year-over-year Capital Expenditures in five years was Q2 2023 (growth of 76.7%); the low point was Q1 2026 (a decline of 22.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $65 million (Q1 2026), $101 million (Q4 2025) and $107 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.03 Bn | 71.14 Bn | 1.40 Bn | 459.00 Mn |
| 2 | Baker Hughes | 55.51 Bn | 18.79 Bn | 1.58 Bn | 300.00 Mn |
| 3 | TechnipFMC | 27.04 Bn | 23.19 Bn | 684.70 Mn | 60.10 Mn |
| 4 | Halliburton | 26.27 Bn | 18.03 Bn | 804.00 Mn | 235.00 Mn |
| 5 | Nov | 6.79 Bn | 1.58 Bn | 521.00 Mn | 81.00 Mn |
| 6 | Noble | 6.70 Bn | 4.63 Bn | 239.27 Mn | 204.53 Mn |
| 7 | Transocean | 5.82 Bn | 3.53 Bn | 358.00 Mn | 24.00 Mn |
| 8 | Weatherford International | 5.77 Bn | 1.71 Bn | 333.00 Mn | 42.00 Mn |
| 9 | Valaris | 5.44 Bn | 3.05 Bn | 123.70 Mn | 105.50 Mn |
| 10 | Kodiak Gas Services | 5.22 Bn | 4.99 Bn | 246.76 Mn | 200.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 81.00 Mn |
| Mar 31, 2026 | 65.00 Mn |
| Dec 31, 2025 | 101.00 Mn |
| Sep 30, 2025 | 107.00 Mn |
| Jun 30, 2025 | 83.00 Mn |
| Mar 31, 2025 | 84.00 Mn |
| Dec 31, 2024 | 118.00 Mn |
| Sep 30, 2024 | 82.00 Mn |
| Jun 30, 2024 | 82.00 Mn |
| Mar 31, 2024 | 69.00 Mn |
| Dec 31, 2023 | 76.00 Mn |
| Sep 30, 2023 | 74.00 Mn |
| Jun 30, 2023 | 76.00 Mn |
| Mar 31, 2023 | 57.00 Mn |
| Dec 31, 2022 | 66.00 Mn |
| Sep 30, 2022 | 59.00 Mn |
| Jun 30, 2022 | 43.00 Mn |
| Mar 31, 2022 | 46.00 Mn |
| Dec 31, 2021 | 64.00 Mn |
| Sep 30, 2021 | 39.00 Mn |
API Access
Nov Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=NOV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "NOV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=NOV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();