Nov (NOV) FCF Margin (2009 - 2026)

Nov's (NOV) quarterly FCF Margin came in at 4.43% in Q1 2026, down 686.0% year-on-year from 0.76% in Q1 2025, and down 121.39% quarter-over-quarter from 20.73% in Q4 2025.

Nov (NOV) FCF Margin (2009 - 2026) Analysis & Trends

Nov has disclosed FCF Margin across 18 years of filings, most recently posting 4.43% for Q1 2026.

  • FCF Margin for Q1 2026 came in at 4.43%, down 686.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 8.44% (down 461.0% YoY), and the FY2025 annual result was 10.02%, down 73.0% from the prior year.
  • FCF Margin came in at 4.43% for Q1 2026 at Nov, down from 20.73% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 20.73% in Q4 2025 to a low of 13.2% in Q1 2023.
  • The 5-year median for FCF Margin is 2.43% (2025), against an average of 2.6%.
  • Across the five-year window, FCF Margin slumped 1870 bps in 2022 and soared 2287 bps in 2024, its largest moves.
  • Nov's FCF Margin stood at 4.25% in 2022, then surged by 203 bps to 12.85% in 2023, then jumped by 60 bps to 20.49% in 2024, then increased by 1 bps to 20.73% in 2025, then tumbled by 121 bps to 4.43% in 2026.
  • The last three FCF Margin figures came in at 4.43% (Q1 2026), 20.73% (Q4 2025), and 11.26% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 1.65%
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 2.49%
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 1.50%
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 11.11%
5 Enerflex 8.62 Bn 8.57 Bn - -
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn -4.43%
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 7.12%
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 19.36%
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 16.10%
10 Liberty Energy 4.61 Bn 3.91 Bn 177.37 Mn -14.55%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 9.03%