Nov (NOV) FCF Margin (2009 - 2026)
Nov's FCF Margin came in at -3.00% for Q2 2026, down 7.94 percentage points from 4.94% a year earlier but up 1.44 percentage points from the prior quarter.
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Analysis
Nov (NOV) FCF Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Nov reported FCF Margin of 6.51%, down 3.84 percentage points year-over-year; for FY2025, it was 10.02%, down 0.73 percentage points from FY2024.
- FCF Margin carries a five-year change of -1.48 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 10.74% in FY2024 (+12.38 pp), -1.63% in FY2023 (+3.80 pp), -5.43% in FY2022 (-7.06 pp) and 1.63% in FY2021 (-9.86 pp).
- The five-year range for quarterly FCF Margin is -13.20% (Q1 2023) to 20.73% (Q4 2025).
- Year-over-year, FCF Margin increased in four of the last eight quarters, with an average year-over-year change of +0.54 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q2 2024 (a gain of 22.87 percentage points), and the weakest in Q2 2022 (a drop of 18.70 percentage points).
- Business Quant data shows NOV's FCF Margin at -4.43% (Q1 2026), 20.73% (Q4 2025) and 11.26% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.03 Bn | 71.14 Bn | 1.40 Bn | 10.03% |
| 2 | Baker Hughes | 55.51 Bn | 18.79 Bn | 1.58 Bn | 15.50% |
| 3 | TechnipFMC | 27.04 Bn | 23.19 Bn | 684.70 Mn | 17.66% |
| 4 | Halliburton | 26.27 Bn | 18.03 Bn | 804.00 Mn | 10.31% |
| 5 | Nov | 6.79 Bn | 1.58 Bn | 521.00 Mn | -3.00% |
| 6 | Noble | 6.70 Bn | 4.63 Bn | 239.27 Mn | -8.39% |
| 7 | Transocean | 5.82 Bn | 3.53 Bn | 358.00 Mn | 21.95% |
| 8 | Weatherford International | 5.77 Bn | 1.71 Bn | 333.00 Mn | 12.04% |
| 9 | Valaris | 5.44 Bn | 3.05 Bn | 123.70 Mn | -17.14% |
| 10 | Kodiak Gas Services | 5.22 Bn | 4.99 Bn | 246.76 Mn | -25.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.00% |
| Mar 31, 2026 | -4.43% |
| Dec 31, 2025 | 20.73% |
| Sep 30, 2025 | 11.26% |
| Jun 30, 2025 | 4.94% |
| Mar 31, 2025 | 2.43% |
| Dec 31, 2024 | 20.49% |
| Sep 30, 2024 | 12.64% |
| Jun 30, 2024 | 15.79% |
| Mar 31, 2024 | -6.82% |
| Dec 31, 2023 | 12.85% |
| Sep 30, 2023 | -1.56% |
| Jun 30, 2023 | -7.07% |
| Mar 31, 2023 | -13.20% |
| Dec 31, 2022 | 4.25% |
| Sep 30, 2022 | -8.73% |
| Jun 30, 2022 | -9.67% |
| Mar 31, 2022 | -9.63% |
| Dec 31, 2021 | -1.85% |
| Sep 30, 2021 | 4.92% |
API Access
Nov FCF Margin 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=fcf-margin&ticker=NOV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=NOV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();