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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |