Nov (NOV) Inventory (2009 - 2026)
Nov (NOV) reported Inventory of $1.95 billion for Q2 2026, up 0.9% from $1.93 billion a year earlier and up 3.9% from the prior quarter.
Analysis
Nov (NOV) Inventory (2009 - 2026) Analysis & Trends
At the end of FY2025, Nov posted Inventory of $1.8 billion, down 6.9% from FY2024.
- Inventory has a five-year compound annual growth rate of 5.0% (FY2020 to FY2025).
- By year, Inventory came in at $1.93 billion in FY2024 (-10.2%), $2.15 billion in FY2023 (+18.6%), $1.81 billion in FY2022 (+36.2%) and $1.33 billion in FY2021 (-5.5%).
- The Q2 2026 figure ranks as the highest quarterly Inventory since Q3 2024.
- Year over year, Inventory gained in 1 of the last eight quarters, with an average decline of 7.9%.
- The high point for year-over-year Inventory in five years was Q1 2023 (growth of 41.4%); the low point was Q3 2021 (a decline of 24.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.87 billion (Q1 2026), $1.8 billion (Q4 2025) and $1.89 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.03 Bn | 71.14 Bn | 1.40 Bn | 5.44 Bn |
| 2 | Baker Hughes | 55.51 Bn | 18.79 Bn | 1.58 Bn | 4.96 Bn |
| 3 | TechnipFMC | 27.04 Bn | 23.19 Bn | 684.70 Mn | 1.24 Bn |
| 4 | Halliburton | 26.27 Bn | 18.03 Bn | 804.00 Mn | 3.06 Bn |
| 5 | Nov | 6.79 Bn | 1.58 Bn | 521.00 Mn | 1.95 Bn |
| 6 | Noble | 6.70 Bn | 4.63 Bn | 239.27 Mn | - |
| 7 | Transocean | 5.82 Bn | 3.53 Bn | 358.00 Mn | 379.00 Mn |
| 8 | Weatherford International | 5.77 Bn | 1.71 Bn | 333.00 Mn | 811.00 Mn |
| 9 | Valaris | 5.44 Bn | 3.05 Bn | 123.70 Mn | - |
| 10 | Kodiak Gas Services | 5.22 Bn | 4.99 Bn | 246.76 Mn | 107.09 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.95 Bn |
| Mar 31, 2026 | 1.87 Bn |
| Dec 31, 2025 | 1.80 Bn |
| Sep 30, 2025 | 1.89 Bn |
| Jun 30, 2025 | 1.93 Bn |
| Mar 31, 2025 | 1.94 Bn |
| Dec 31, 2024 | 1.93 Bn |
| Sep 30, 2024 | 2.12 Bn |
| Jun 30, 2024 | 2.16 Bn |
| Mar 31, 2024 | 2.28 Bn |
| Dec 31, 2023 | 2.15 Bn |
| Sep 30, 2023 | 2.28 Bn |
| Jun 30, 2023 | 2.20 Bn |
| Mar 31, 2023 | 2.04 Bn |
| Dec 31, 2022 | 1.81 Bn |
| Sep 30, 2022 | 1.76 Bn |
| Jun 30, 2022 | 1.59 Bn |
| Mar 31, 2022 | 1.44 Bn |
| Dec 31, 2021 | 1.33 Bn |
| Sep 30, 2021 | 1.33 Bn |
API Access
Nov Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=inventory&ticker=NOV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "inventory", "ticker": "NOV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=inventory&ticker=NOV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();