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

Nov's (NOV) quarterly Interest Coverage Ratio came in at 2.14 in Q1 2026, down 69.08% year-on-year from 6.91 in Q1 2025, and down 48.91% quarter-over-quarter from 4.18 in Q4 2025.

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

Nov has disclosed Interest Coverage Ratio across 18 years of filings, most recently posting 2.14 for Q1 2026.

  • Interest Coverage Ratio for Q1 2026 came in at 2.14, down 69.08% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.42 (down 54.57% YoY), and the FY2025 annual result was 5.61, down 41.68% from the prior year.
  • Interest Coverage Ratio came in at 2.14 for Q1 2026 at Nov, down from 4.18 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 15.7 in Q4 2023.
  • The 5-year median for Interest Coverage Ratio is 6.5 (2025), against an average of 4.91.
  • Across the five-year window, Interest Coverage Ratio surged 1077.14% in 2022 and slumped 303.46% in 2023, its largest moves.
  • Nov's Interest Coverage Ratio stood at 7.71 in 2022, then slumped by 303.46% to 15.7 in 2023, then jumped by 154.95% to 8.62 in 2024, then tumbled by 51.52% to 4.18 in 2025, then tumbled by 48.91% to 2.14 in 2026.
  • The last three Interest Coverage Ratio figures came in at 2.14 (Q1 2026), 4.18 (Q4 2025), and 4.86 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 38.03
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn -
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn -
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 21.16
5 Enerflex 8.62 Bn 8.57 Bn - -
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 2.14
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn -
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 5.10
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn -
10 Liberty Energy 4.61 Bn 3.91 Bn 177.37 Mn 2.88

Historic Data

Download Data
DateValue
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 -15.70
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
Jun 30, 2021 0.63