Nov (NOV) Interest Coverage Ratio (2009 - 2026)
Nov's (NOV) Interest Coverage Ratio came in at 9.19 for Q2 2026, up 41.4% from 6.50 a year earlier and up 330.2% from the prior quarter.
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Analysis
Nov (NOV) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Interest Coverage Ratio at Nov was 5.05, down 35.5% year-over-year; for FY2025, it came in at 5.61, down 41.7% from FY2024.
- In prior years, Nov's Interest Coverage Ratio was 9.63 in FY2024 (+30.1%), 7.40 in FY2023 (+118.6%), 3.38 in FY2022 and -1.74 in FY2021.
- The Q2 2026 figure stands as the highest quarterly Interest Coverage Ratio since Q3 2024.
- On a year-over-year basis, Interest Coverage Ratio increased in four of the last eight quarters, with an average decline of 17.4%.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q2 2022, with growth of 466.7%; the weakest was Q1 2026, with a decline of 69.1%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 2.14 (Q1 2026), 4.18 (Q4 2025) and 4.86 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.39 Bn | 73.50 Bn | 1.40 Bn | 8.37 |
| 2 | Baker Hughes | 56.70 Bn | 19.98 Bn | 1.58 Bn | - |
| 3 | TechnipFMC | 27.74 Bn | 23.88 Bn | 684.70 Mn | -148.94 |
| 4 | Halliburton | 27.03 Bn | 18.79 Bn | 804.00 Mn | - |
| 5 | Nov | 6.97 Bn | 1.76 Bn | 521.00 Mn | 9.19 |
| 6 | Noble | 6.81 Bn | 4.74 Bn | 239.27 Mn | 0.84 |
| 7 | Weatherford International | 5.95 Bn | 1.88 Bn | 333.00 Mn | - |
| 8 | Transocean | 5.90 Bn | 3.61 Bn | 358.00 Mn | 7.60 |
| 9 | Valaris | 5.52 Bn | 3.13 Bn | 123.70 Mn | - |
| 10 | Kodiak Gas Services | 5.32 Bn | 5.09 Bn | 246.76 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.19 |
| Mar 31, 2026 | 2.14 |
| Dec 31, 2025 | 4.18 |
| Sep 30, 2025 | 4.86 |
| Jun 30, 2025 | 6.50 |
| Mar 31, 2025 | 6.91 |
| 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 |
API Access
Nov Interest 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=interest-coverage-ratio&ticker=NOV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-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=interest-coverage-ratio&ticker=NOV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();