KPIs & Operating Metrics(New)
Growth Metrics

Nov (NOV) Gross Margin (2016 - 2025)

Nov's Gross Margin history spans 17 years, with the latest figure at 20.29% for Q4 2025.

  • For Q4 2025, Gross Margin fell 107.0% year-over-year to 20.29%; the TTM value through Dec 2025 reached 20.21%, down 245.0%, while the annual FY2025 figure was 20.21%, 245.0% down from the prior year.
  • Gross Margin for Q4 2025 was 20.29% at Nov, up from 18.93% in the prior quarter.
  • Across five years, Gross Margin topped out at 26.62% in Q2 2024 and bottomed at 12.49% in Q1 2021.
  • The 5-year median for Gross Margin is 20.67% (2023), against an average of 19.27%.
  • The largest annual shift saw Gross Margin soared 1829bps in 2021 before it tumbled -624bps in 2025.
  • A 5-year view of Gross Margin shows it stood at 13.32% in 2021, then skyrocketed by 60bps to 21.37% in 2022, then fell by -1bps to 21.21% in 2023, then rose by 1bps to 21.36% in 2024, then fell by -5bps to 20.29% in 2025.
  • Per Business Quant, the three most recent readings for NOV's Gross Margin are 20.29% (Q4 2025), 18.93% (Q3 2025), and 20.38% (Q2 2025).