Nov (NOV) Current Leases (2018 - 2026)

Nov's (NOV) quarterly Current Leases came in at $30.0 million in Q1 2026, down 57.75% year-on-year from $71.0 million in Q1 2025, and little changed quarter-over-quarter from $30.0 million in Q4 2025.

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

Nov has disclosed Current Leases across 9 years of filings, most recently posting $30.0 million for Q1 2026.

  • Current Leases for Q1 2026 came in at $30.0 million, down 57.75% year-over-year; the trailing twelve-month figure through Mar 2026 was $30.0 million (down 57.75% YoY), and the FY2025 annual result was $30.0 million, changed 0.0% from the prior year.
  • Current Leases came in at $30.0 million for Q1 2026 at Nov, roughly flat 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 $21.0 million in Q2 2022.
  • The 5-year median for Current Leases is $30.0 million (2024), against an average of $41.6 million.
  • Across the five-year window, Current Leases tumbled 73.75% in 2022 and jumped 242.86% in 2024, its largest moves.
  • Nov's Current Leases stood at $67.0 million in 2022, then slumped by 64.18% to $24.0 million in 2023, then gained by 25.0% to $30.0 million in 2024, then changed by 0.0% to $30.0 million in 2025, then changed by 0.0% to $30.0 million in 2026.
  • The last three Current Leases figures came in at $30.0 million (Q1 2026), $30.0 million (Q4 2025), and $31.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn -
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn -
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 243.00 Mn
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 32.40 Mn
5 Enerflex 8.62 Bn 8.57 Bn - 22.00 Mn
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 30.00 Mn
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 47.00 Mn
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn -
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn -
10 Liberty Energy 4.61 Bn 3.91 Bn 177.37 Mn 90.49 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 30.00 Mn
Dec 31, 2025 30.00 Mn
Sep 30, 2025 31.00 Mn
Jun 30, 2025 31.00 Mn
Mar 31, 2025 71.00 Mn
Dec 31, 2024 30.00 Mn
Sep 30, 2024 73.00 Mn
Jun 30, 2024 27.00 Mn
Mar 31, 2024 72.00 Mn
Dec 31, 2023 24.00 Mn
Sep 30, 2023 70.00 Mn
Jun 30, 2023 22.00 Mn
Mar 31, 2023 21.00 Mn
Dec 31, 2022 67.00 Mn
Sep 30, 2022 65.00 Mn
Jun 30, 2022 21.00 Mn
Mar 31, 2022 23.00 Mn
Dec 31, 2021 23.00 Mn
Sep 30, 2021 23.00 Mn
Jun 30, 2021 80.00 Mn