NOV Inc. (NOV) Dividend Coverage Ratio (2010 - 2026)
Nov's Dividend Coverage Ratio came in at 1.75 for Q2 2026, up 73.4% from 1.01 a year earlier and up 203.9% from the prior quarter.
NOV Inc. (NOV) Dividend Coverage Ratio (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Nov reported Dividend Coverage Ratio of 0.63, down 74.4% 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 Q2 2026 figure represents the highest quarterly Dividend Coverage Ratio since Q1 2025.
- Year-over-year, Dividend Coverage Ratio increased in 1 of the last seven quarters, with an average decline of 45.4%.
- 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 0.58 (Q1 2026), -2.89 (Q4 2025) and 1.50 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| 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 |
| Dec 31, 2019 | -20.26 |
NOV Inc. 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_KEY
import 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();