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| Date | Value |
|---|---|
| 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 |