Nov (NOV) Dividend Coverage Ratio (2010 - 2026)
Nov's (NOV) quarterly Dividend Coverage Ratio came in at 1.81 in Q2 2026, up 70.12% year-over-year from 1.07 in Q2 2025, and up 199.06% quarter-over-quarter from 0.61 in Q1 2026.
Analysis
Nov (NOV) Dividend Coverage Ratio (2010 - 2026) Analysis & Trends
Nov has disclosed Dividend Coverage Ratio across 16 years of filings, most recently posting 1.81 for Q2 2026.
- In Q2 2026, Dividend Coverage Ratio rose 70.12% year-over-year to 1.81; the TTM figure through Jun 2026 stood at 0.65 (down 73.76% YoY), while the FY2025 annual figure was 0.79, down 86.48% from the prior year.
- Dividend Coverage Ratio came in at 1.81 for Q2 2026 at Nov, up from 0.61 in the prior quarter.
- In the past five years, Dividend Coverage Ratio ranged from a high of 31.32 in Q4 2023 to a low of 3.0 in Q4 2025.
- Average Dividend Coverage Ratio over 5 years is 4.84, with a median of 4.08 recorded in 2022.
- Year-over-year, Dividend Coverage Ratio surged 513.4% in 2023 and slumped 154.04% in 2025.
- Over 5 years, Dividend Coverage Ratio stood at 5.11 in 2022, then surged by 513.4% to 31.32 in 2023, then plunged by 82.27% to 5.55 in 2024, then sank by 154.04% to 3.0 in 2025, then soared by 160.42% to 1.81 in 2026.
- Per Business Quant data, the three most recent Dividend Coverage Ratio figures were 1.81 in Q2 2026, 0.61 in Q1 2026, and 3.0 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | TechnipFMC | 30.87 Bn | 29.63 Bn | 1.40 Bn | 18.47 |
| 2 | Nov | 7.72 Bn | 6.56 Bn | 521.00 Mn | 1.81 |
| 3 | Cactus | 4.82 Bn | 4.46 Bn | 215.38 Mn | 5.02 |
| 4 | Enerflex | 2.77 Bn | 2.69 Bn | 139.00 Mn | 7.50 |
| 5 | Innovex International | 2.06 Bn | 1.83 Bn | 83.65 Mn | - |
| 6 | Forum Energy Technologies | 911.33 Mn | 877.61 Mn | 71.35 Mn | - |
| 7 | Flowco Holdings | 898.72 Mn | 898.72 Mn | 49.17 Mn | 3.03 |
| 8 | Oil States International | 509.94 Mn | 490.13 Mn | 38.71 Mn | - |
| 9 | OMS Energy Technologies | 197.41 Mn | 43.45 Mn | - | - |
| 10 | NCS Multistage Holdings | 140.02 Mn | 129.24 Mn | 13.95 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.81 |
| Mar 31, 2026 | 0.61 |
| Dec 31, 2025 | -3.00 |
| Sep 30, 2025 | 1.57 |
| Jun 30, 2025 | 1.07 |
| Mar 31, 2025 | 2.64 |
| Dec 31, 2024 | 5.55 |
| Sep 30, 2024 | 4.48 |
| Jun 30, 2024 | 7.43 |
| Mar 31, 2024 | 6.05 |
| Dec 31, 2023 | 31.32 |
| Sep 30, 2023 | 5.40 |
| Jun 30, 2023 | 7.85 |
| Mar 31, 2023 | 6.25 |
| Dec 31, 2022 | 5.11 |
| Sep 30, 2022 | 1.75 |
| Jun 30, 2022 | 3.68 |
| Mar 31, 2022 | -2.45 |
| Mar 31, 2020 | -107.84 |
| Dec 31, 2019 | 31.74 |