Nov (NOV) Current Leases (2018 - 2026)

Nov (NOV) reported Current Leases of $70.0 million for Q1 2026, down 1.41% on a YoY basis from $71.0 million in Q1 2025, and up 133.33% sequentially from $30.0 million in Q4 2025.

Nov (NOV) Current Leases (2018 - 2026) Analysis & Trends

Nov (NOV) has 9 years of Current Leases data on file, last reported at $70.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Current Leases fell 1.41% year-over-year to $70.0 million; the trailing twelve-month figure through Mar 2026 stood at $70.0 million (down 1.41% YoY), and the FY2025 full-year result was $30.0 million, down 58.33% from the prior year.
  • Current Leases grew to $70.0 million in Q1 2026, from $30.0 million in the prior quarter.
  • In the past five years, Current Leases ranged from a high of $73.0 million in Q3 2024 to a low of $20.0 million in Q3 2022.
  • A 5-year average of $46.4 million and a median of $31.0 million in 2025 frame the typical range for Current Leases.
  • Across the five-year window, Current Leases sank 74.68% in 2022 and jumped 217.39% in 2024, its largest moves.
  • Tracing NOV's Current Leases over 5 years: stood at $20.0 million in 2022, then climbed by 20.0% to $24.0 million in 2023, then surged by 200.0% to $72.0 million in 2024, then plunged by 58.33% to $30.0 million in 2025, then soared by 133.33% to $70.0 million in 2026.
  • Business Quant data shows NOV's Current Leases at $70.0 million in Q1 2026, $30.0 million in Q4 2025, and $31.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn -
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn 93.67 Mn
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 32.40 Mn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 243.00 Mn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 70.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 42.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn -
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn -
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn -
10 Tidewater 3.87 Bn 3.32 Bn 160.04 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 70.00 Mn
Dec 31, 2025 30.00 Mn
Sep 30, 2025 31.00 Mn
Jun 30, 2025 72.00 Mn
Mar 31, 2025 71.00 Mn
Dec 31, 2024 72.00 Mn
Sep 30, 2024 73.00 Mn
Jun 30, 2024 72.00 Mn
Mar 31, 2024 27.00 Mn
Dec 31, 2023 24.00 Mn
Sep 30, 2023 23.00 Mn
Jun 30, 2023 69.00 Mn
Mar 31, 2023 21.00 Mn
Dec 31, 2022 20.00 Mn
Sep 30, 2022 20.00 Mn
Jun 30, 2022 71.00 Mn
Mar 31, 2022 23.00 Mn
Dec 31, 2021 76.00 Mn
Sep 30, 2021 79.00 Mn
Jun 30, 2021 80.00 Mn