Nov (NOV) Dividend Coverage Ratio (2010 - 2026)
Nov's Dividend Coverage Ratio came in at 2.81 for Q3 2026, up 87.5% from 1.50 a year earlier and up 60.7% from the prior quarter.
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Analysis
Nov (NOV) Dividend Coverage Ratio (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Nov reported Dividend Coverage Ratio of 0.92, down 54.0% year-over-year; for FY2025, it came in at 0.76, down 87.0% from FY2024.
- Going back by year, Dividend Coverage Ratio was 5.88 in FY2024 (-53.2%), 12.57 in FY2023 (+532.5%), 1.99 in FY2022 and -12.50 in FY2021.
- The Q3 2026 figure represents the highest quarterly Dividend Coverage Ratio since Q4 2024.
- Year-over-year, Dividend Coverage Ratio increased in two of the last seven quarters, with an average decline of 29.8%.
- The fastest year-over-year change in Dividend Coverage Ratio over five years came in Q4 2023 (growth of 475.0%), and the weakest in Q2 2025 (a decline of 86.6%).
- Business Quant data shows NOV's Dividend Coverage Ratio at 1.75 (Q2 2026), 0.58 (Q1 2026) and -2.89 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 73.81 Bn | 70.26 Bn | 1.57 Bn | - |
| 2 | Baker Hughes | 47.88 Bn | 9.61 Bn | 1.96 Bn | 1.80 |
| 3 | Halliburton | 26.33 Bn | 18.23 Bn | 840.00 Mn | 2.96 |
| 4 | TechnipFMC | 25.25 Bn | 21.22 Bn | 728.70 Mn | - |
| 5 | Noble | 6.55 Bn | 4.63 Bn | 228.22 Mn | - |
| 6 | Nov | 6.31 Bn | 1.20 Bn | 439.00 Mn | 2.81 |
| 7 | Weatherford International | 6.04 Bn | 1.78 Bn | 374.00 Mn | 6.32 |
| 8 | Transocean | 5.85 Bn | 3.89 Bn | 348.00 Mn | - |
| 9 | Valaris | 5.52 Bn | 3.27 Bn | 176.30 Mn | - |
| 10 | Kodiak Gas Services | 4.21 Bn | 3.97 Bn | 246.76 Mn | 1.04 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.81 |
| Jun 30, 2026 | 1.75 |
| Mar 31, 2026 | 0.58 |
| Dec 31, 2025 | -2.89 |
| Sep 30, 2025 | 1.50 |
| Jun 30, 2025 | 1.01 |
| Mar 31, 2025 | 2.61 |
| Dec 31, 2024 | 5.52 |
| Sep 30, 2024 | 4.48 |
| Jun 30, 2024 | 7.53 |
| Mar 31, 2024 | 5.95 |
| Dec 31, 2023 | 31.47 |
| Sep 30, 2023 | 5.70 |
| Jun 30, 2023 | 7.75 |
| Mar 31, 2023 | 6.30 |
| Dec 31, 2022 | 5.47 |
| Sep 30, 2022 | 1.60 |
| Jun 30, 2022 | 3.63 |
| Mar 31, 2022 | -2.50 |
| Mar 31, 2020 | -107.74 |
API Access
Nov Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NOV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "NOV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=NOV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();