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| Date | Value |
|---|---|
| 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 |