Nov (NOV) Current Leases (2018 - 2026)
Nov's (NOV) quarterly Current Leases came in at $70.0 million in Q2 2026, down 2.78% year-over-year from $72.0 million in Q2 2025, and little changed quarter-over-quarter from $70.0 million in Q1 2026.
Analysis
Nov (NOV) Current Leases (2018 - 2026) Analysis & Trends
Nov has disclosed Current Leases across 9 years of filings, most recently posting $70.0 million for Q2 2026.
- In Q2 2026, Current Leases fell 2.78% year-over-year to $70.0 million; the TTM figure through Jun 2026 stood at $70.0 million (down 2.78% YoY), while the FY2025 annual figure was $71.0 million, down 1.39% from the prior year.
- Current Leases came in at $70.0 million for Q2 2026 at Nov, roughly flat from $70.0 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 $65.0 million in Q3 2022.
- Average Current Leases over 5 years is $70.2 million, with a median of $70.0 million recorded in 2022.
- The largest YoY upside for Current Leases was 180.0% in 2022 against a maximum downside of 17.72% in 2022.
- Over 5 years, Current Leases stood at $67.0 million in 2022, then rose by 4.48% to $70.0 million in 2023, then advanced by 2.86% to $72.0 million in 2024, then declined by 1.39% to $71.0 million in 2025, then declined by 1.41% to $70.0 million in 2026.
- Per Business Quant data, the three most recent Current Leases figures were $70.0 million in Q2 2026, $70.0 million in Q1 2026, and $71.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | TechnipFMC | 30.08 Bn | 28.83 Bn | 1.40 Bn | 143.60 Mn |
| 2 | Nov | 7.70 Bn | 6.53 Bn | 521.00 Mn | 70.00 Mn |
| 3 | Cactus | 4.76 Bn | 4.39 Bn | 215.38 Mn | 9.49 Mn |
| 4 | Enerflex | 2.74 Bn | 2.66 Bn | 139.00 Mn | 46.00 Mn |
| 5 | Innovex International | 2.04 Bn | 1.82 Bn | 83.65 Mn | 12.74 Mn |
| 6 | Forum Energy Technologies | 927.25 Mn | 893.53 Mn | 71.35 Mn | - |
| 7 | Flowco Holdings | 871.72 Mn | 871.72 Mn | 49.17 Mn | 13.04 Mn |
| 8 | Oil States International | 504.03 Mn | 484.23 Mn | 38.71 Mn | 5.68 Mn |
| 9 | OMS Energy Technologies | 195.10 Mn | 41.14 Mn | - | 1.37 Mn |
| 10 | NCS Multistage Holdings | 140.02 Mn | 129.24 Mn | 13.95 Mn | 1.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 70.00 Mn |
| Mar 31, 2026 | 70.00 Mn |
| Dec 31, 2025 | 71.00 Mn |
| Sep 30, 2025 | 70.00 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 | 72.00 Mn |
| Dec 31, 2023 | 70.00 Mn |
| Sep 30, 2023 | 70.00 Mn |
| Jun 30, 2023 | 69.00 Mn |
| Mar 31, 2023 | 68.00 Mn |
| Dec 31, 2022 | 67.00 Mn |
| Sep 30, 2022 | 65.00 Mn |
| Jun 30, 2022 | 71.00 Mn |
| Mar 31, 2022 | 70.00 Mn |
| Dec 31, 2021 | 76.00 Mn |
| Sep 30, 2021 | 79.00 Mn |