Nov NOV
NYSE NOV
$21.52 +0.13 (+0.61%)
As of: Sep 9, 2026 · 3:59 PM EDT

Nov (NOV) Interest Coverage Ratio (2009 - 2026)

Nov's (NOV) quarterly Interest Coverage Ratio came in at 12.48 in Q2 2026, up 33.89% year-over-year from 9.32 in Q2 2025, and up 130.65% quarter-over-quarter from 5.41 in Q1 2026.

Analysis

Nov (NOV) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

Nov has disclosed Interest Coverage Ratio across 18 years of filings, most recently posting 12.48 for Q2 2026.

  • In Q2 2026, Interest Coverage Ratio rose 33.89% year-over-year to 12.48; the TTM figure through Jun 2026 stood at 6.67 (down 27.91% YoY), while the FY2025 annual figure was 5.61, down 41.68% from the prior year.
  • Interest Coverage Ratio came in at 12.48 for Q2 2026 at Nov, up from 5.41 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 14.23 in Q2 2024 to a low of 1.11 in Q1 2022.
  • Average Interest Coverage Ratio over 5 years is 7.09, with a median of 7.36 recorded in 2022.
  • Year-over-year, Interest Coverage Ratio soared 1077.14% in 2022 and plunged 51.52% in 2025.
  • Over 5 years, Interest Coverage Ratio stood at 7.71 in 2022, then dropped by 9.26% to 7.0 in 2023, then climbed by 23.21% to 8.62 in 2024, then sank by 51.52% to 4.18 in 2025, then jumped by 198.34% to 12.48 in 2026.
  • Per Business Quant data, the three most recent Interest Coverage Ratio figures were 12.48 in Q2 2026, 5.41 in Q1 2026, and 4.18 in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 TechnipFMC 31.37 Bn 30.13 Bn 1.40 Bn -82.21
2 Nov 7.64 Bn 6.53 Bn 521.00 Mn 12.48
3 Cactus 4.89 Bn 4.76 Bn 215.38 Mn -
4 Enerflex 2.71 Bn 2.63 Bn 139.00 Mn 0.12
5 Innovex International 2.07 Bn 1.85 Bn 83.65 Mn 51.73
6 Flowco Holdings 1.91 Bn 2.90 Bn 49.17 Mn 7.36
7 Forum Energy Technologies 901.05 Mn 867.34 Mn 71.35 Mn 164.06
8 Oil States International 528.60 Mn 508.80 Mn 38.71 Mn -
9 OMS Energy Technologies 202.90 Mn 56.69 Mn - -
10 NCS Multistage Holdings 140.02 Mn 129.24 Mn 13.95 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 12.48
Mar 31, 2026 5.41
Dec 31, 2025 4.18
Sep 30, 2025 4.86
Jun 30, 2025 9.32
Mar 31, 2025 9.86
Dec 31, 2024 8.63
Sep 30, 2024 9.24
Jun 30, 2024 14.23
Mar 31, 2024 6.75
Dec 31, 2023 7.00
Sep 30, 2023 7.96
Jun 30, 2023 8.62
Mar 31, 2023 6.00
Dec 31, 2022 7.71
Sep 30, 2022 2.89
Jun 30, 2022 3.58
Mar 31, 2022 -1.11
Dec 31, 2021 -0.79
Sep 30, 2021 -2.26