Nov (NOV) Inventory Average (2009 - 2026)

Nov's (NOV) quarterly Inventory Average came in at $1.8 billion in Q1 2026, down 5.19% year-on-year from $1.9 billion in Q1 2025, and little changed quarter-over-quarter from $1.8 billion in Q4 2025.

Nov (NOV) Inventory Average (2009 - 2026) Analysis & Trends

Nov has disclosed Inventory Average across 18 years of filings, most recently posting $1.8 billion for Q1 2026.

  • Inventory Average for Q1 2026 came in at $1.8 billion, down 5.19% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.8 billion (down 5.19% YoY), and the FY2025 annual result was $1.9 billion, down 15.91% from the prior year.
  • Inventory Average came in at $1.8 billion for Q1 2026 at Nov, roughly flat from $1.8 billion in the prior quarter.
  • In the past five years, Inventory Average ranged from a high of $2.6 billion in Q3 2023 to a low of $1.4 billion in Q1 2022.
  • The 5-year median for Inventory Average is $2.1 billion (2025), against an average of $2.1 billion.
  • Across the five-year window, Inventory Average dropped 28.82% in 2022 and soared 56.49% in 2023, its largest moves.
  • Nov's Inventory Average stood at $2.0 billion in 2022, then soared by 30.77% to $2.6 billion in 2023, then retreated by 15.52% to $2.2 billion in 2024, then slipped by 15.46% to $1.8 billion in 2025, then dropped by 0.33% to $1.8 billion in 2026.
  • The last three Inventory Average figures came in at $1.8 billion (Q1 2026), $1.8 billion (Q4 2025), and $2.0 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 5.15 Bn
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 4.91 Bn
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 3.00 Bn
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 1.19 Bn
5 Enerflex 8.62 Bn 8.57 Bn - 219.92 Mn
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 1.84 Bn
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 830.00 Mn
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 109.73 Mn
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 102.73 Mn
10 Liberty Energy 4.61 Bn 3.91 Bn 177.37 Mn 186.69 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.84 Bn
Dec 31, 2025 1.84 Bn
Sep 30, 2025 2.05 Bn
Jun 30, 2025 2.07 Bn
Mar 31, 2025 1.94 Bn
Dec 31, 2024 2.18 Bn
Sep 30, 2024 2.29 Bn
Jun 30, 2024 2.38 Bn
Mar 31, 2024 2.55 Bn
Dec 31, 2023 2.58 Bn
Sep 30, 2023 2.62 Bn
Jun 30, 2023 2.31 Bn
Mar 31, 2023 2.11 Bn
Dec 31, 2022 1.97 Bn
Sep 30, 2022 1.67 Bn
Jun 30, 2022 1.52 Bn
Mar 31, 2022 1.39 Bn
Dec 31, 2021 1.33 Bn
Sep 30, 2021 1.32 Bn
Jun 30, 2021 1.62 Bn