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

Nov (NOV) posted Interest Coverage Ratio of 12.48 for Q2 2026, up 130.65% sequentially from 5.41 in Q1 2026, and up 33.89% YoY from 9.32 in Q2 2025.

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

Nov has reported Interest Coverage Ratio for 18 years, with the latest figure at 12.48 in Q2 2026.

Quarterly Interest Coverage Ratio rose 33.89% year-over-year to 12.48 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 5.37 (down 41.92% YoY) and the FY2025 annual result came in at 1.21, down 33.38% from the prior year.
Interest Coverage Ratio rose to 12.48 in Q2 2026 per NOV's latest filing, from 5.41 in the prior quarter.
Over five years, Interest Coverage Ratio peaked at 14.23 in Q2 2024 and troughed at 1.11 in Q1 2022.
A 5-year average of 6.98 and a median of 7.36 in 2022 frame the typical range for Interest Coverage Ratio.
The sharpest annual moves came in 2022 and 2025: Interest Coverage Ratio jumped 1077.14% in 2022, then tumbled 75.19% in 2025.
Over 5 years, Interest Coverage Ratio stood at 7.71 in 2022, then fell by 9.26% to 7.0 in 2023, then increased by 23.21% to 8.62 in 2024, then sank by 75.19% to 2.14 in 2025, then surged by 483.13% to 12.48 in 2026.
According to Business Quant data, Interest Coverage Ratio over the past three periods registered 12.48, 5.41, and 2.14 for Q2 2026, Q1 2026, and Q4 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Interest Cover (Qtr)
1	Slb	79.95 Bn	75.87 Bn	4.63 Bn	33.66
2	Baker Hughes	62.26 Bn	46.53 Bn	1.58 Bn	-
3	Tenaris	53.14 Bn	44.12 Bn	984.66	-40.66
4	TechnipFMC	30.70 Bn	29.46 Bn	1.40 Bn	-82.21
5	Halliburton	29.75 Bn	27.71 Bn	2.10 Bn	-
6	Nov	7.28 Bn	6.12 Bn	521.00 Mn	12.48
7	Weatherford International	6.57 Bn	5.43 Bn	662.00 Mn	-
8	Kodiak Gas Services	5.74 Bn	5.61 Bn	246.76 Mn	-
9	Archrock	5.62 Bn	5.62 Bn	244.51 Mn	5.53
10	Oceaneering International	5.22 Bn	4.59 Bn	156.98 Mn	10.43

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