Nov (NOV) Interest Coverage Ratio (2009 - 2026)
Nov (NOV) reported Interest Coverage Ratio of 5.41 for Q1 2026, down 21.71% on a YoY basis from 6.91 in Q1 2025, and up 41.11% sequentially from 3.83 in Q4 2025.
Nov (NOV) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Nov (NOV) has 18 years of Interest Coverage Ratio data on file, last reported at 5.41 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio fell 21.71% year-over-year to 5.41; the trailing twelve-month figure through Mar 2026 stood at 5.12 (down 47.36% YoY), and the FY2025 full-year result was 1.4, down 22.78% from the prior year.
- Interest Coverage Ratio advanced to 5.41 in Q1 2026, from 3.83 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.
- A 5-year average of 6.11 and a median of 6.5 in 2025 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio jumped 1025.71% in 2022 and slumped 76.81% in 2023, its largest moves.
- Tracing NOV's Interest Coverage Ratio over 5 years: stood at 7.71 in 2022, then tumbled by 76.81% to 1.79 in 2023, then soared by 382.14% to 8.62 in 2024, then plunged by 55.56% to 3.83 in 2025, then jumped by 41.11% to 5.41 in 2026.
- Business Quant data shows NOV's Interest Coverage Ratio at 5.41 in Q1 2026, 3.83 in Q4 2025, and 4.86 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 8.09 |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | -130.03 |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 4.46 |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 5.96 |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 5.41 |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 53.50 |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 5.11 |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 6.35 |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 1.60 |
| 10 | Tidewater | 3.87 Bn | 3.32 Bn | 160.04 Mn | 0.17 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.41 |
| Dec 31, 2025 | 3.83 |
| 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 | 1.79 |
| 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 | -0.83 |
| Sep 30, 2021 | -2.26 |
| Jun 30, 2021 | 0.63 |