Nov (NOV) Capital Leases (2018 - 2026)
Nov's Capital Leases was $226 million in Q3 2026, down 5.8% from $240 million a year earlier and down 0.4% from the prior quarter.
Analysis
Nov (NOV) Capital Leases (2018 - 2026) Analysis & Trends
At the end of FY2025, Capital Leases at Nov came in at $232 million, down 4.5% from FY2024.
- Capital Leases shows a five-year compound annual growth rate of -0.3% (FY2020 to FY2025).
- In earlier years, Capital Leases was $243 million in FY2024 (+13.0%), $215 million in FY2023 (unchanged), $215 million in FY2022 (-1.8%) and $219 million in FY2021 (-7.2%).
- The Q3 2026 figure marks the lowest quarterly Capital Leases since Q3 2024.
- Compared with a year earlier, Capital Leases has declined for four straight quarters, with growth averaging 3.7% over the last eight quarters.
- The best year-over-year quarter for Capital Leases over five years was Q3 2025 (growth of 13.7%); the worst was Q4 2021 (a decline of 7.2%).
- Per Business Quant data, NOV's Capital Leases in the three quarters before Q3 2026 was $227 million (Q2 2026), $229 million (Q1 2026) and $232 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 73.81 Bn | 70.26 Bn | 1.57 Bn |
| 2 | Baker Hughes | 47.88 Bn | 9.61 Bn | 1.96 Bn |
| 3 | Halliburton | 26.33 Bn | 18.23 Bn | 840.00 Mn |
| 4 | TechnipFMC | 25.25 Bn | 21.22 Bn | 728.70 Mn |
| 5 | Noble | 6.55 Bn | 4.63 Bn | 228.22 Mn |
| 6 | Nov | 6.31 Bn | 1.20 Bn | 439.00 Mn |
| 7 | Weatherford International | 6.04 Bn | 1.78 Bn | 374.00 Mn |
| 8 | Transocean | 5.85 Bn | 3.89 Bn | 348.00 Mn |
| 9 | Valaris | 5.52 Bn | 3.27 Bn | 176.30 Mn |
| 10 | Kodiak Gas Services | 4.21 Bn | 3.97 Bn | 246.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 226.00 Mn |
| Jun 30, 2026 | 227.00 Mn |
| Mar 31, 2026 | 229.00 Mn |
| Dec 31, 2025 | 232.00 Mn |
| Sep 30, 2025 | 240.00 Mn |
| Jun 30, 2025 | 243.00 Mn |
| Mar 31, 2025 | 241.00 Mn |
| Dec 31, 2024 | 243.00 Mn |
| Sep 30, 2024 | 211.00 Mn |
| Jun 30, 2024 | 214.00 Mn |
| Mar 31, 2024 | 217.00 Mn |
| Dec 31, 2023 | 215.00 Mn |
| Sep 30, 2023 | 217.00 Mn |
| Jun 30, 2023 | 217.00 Mn |
| Mar 31, 2023 | 215.00 Mn |
| Dec 31, 2022 | 215.00 Mn |
| Sep 30, 2022 | 214.00 Mn |
| Jun 30, 2022 | 215.00 Mn |
| Mar 31, 2022 | 218.00 Mn |
| Dec 31, 2021 | 219.00 Mn |
API Access
Nov Capital Leases 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-leases&ticker=NOV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-leases", "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-leases&ticker=NOV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();