Nov (NOV) Inventory Average (2009 - 2026)
Nov (NOV) posted Inventory Average of $2.2 billion for Q2 2026, up 3.64% sequentially from $2.1 billion in Q1 2026, and down 1.83% YoY from $2.2 billion in Q2 2025.
Nov (NOV) Inventory Average (2009 - 2026) Analysis & Trends
Nov has reported Inventory Average for 18 years, with the latest figure at $2.2 billion in Q2 2026.
- Quarterly Inventory Average fell 1.83% year-over-year to $2.2 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $2.2 billion (down 1.83% YoY) and the FY2025 annual result came in at $2.1 billion, down 9.42% from the prior year.
- Inventory Average rose to $2.2 billion in Q2 2026 per NOV's latest filing, from $2.1 billion in the prior quarter.
- Over five years, Inventory Average peaked at $2.6 billion in Q3 2023 and troughed at $1.8 billion in Q1 2022.
- A 5-year average of $2.3 billion and a median of $2.2 billion in 2025 frame the typical range for Inventory Average.
- The sharpest annual moves came in 2023 and 2025: Inventory Average increased 27.27% in 2023, then decreased 13.0% in 2025.
- Over 5 years, Inventory Average stood at $2.2 billion in 2022, then grew by 18.81% to $2.6 billion in 2023, then decreased by 9.98% to $2.3 billion in 2024, then slipped by 9.36% to $2.1 billion in 2025, then gained by 3.37% to $2.2 billion in 2026.
- According to Business Quant data, Inventory Average over the past three periods registered $2.2 billion, $2.1 billion, and $2.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 5.36 Bn |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 4.91 Bn |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | 3.66 Bn |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 1.23 Bn |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 3.04 Bn |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 2.18 Bn |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 817.50 Mn |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 105.51 Mn |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 110.88 Mn |
| 10 | Oceaneering International | 5.22 Bn | 4.59 Bn | 156.98 Mn | 202.98 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.18 Bn |
| Mar 31, 2026 | 2.10 Bn |
| Dec 31, 2025 | 2.11 Bn |
| Sep 30, 2025 | 2.18 Bn |
| Jun 30, 2025 | 2.22 Bn |
| Mar 31, 2025 | 2.22 Bn |
| Dec 31, 2024 | 2.32 Bn |
| Sep 30, 2024 | 2.44 Bn |
| Jun 30, 2024 | 2.53 Bn |
| Mar 31, 2024 | 2.55 Bn |
| Dec 31, 2023 | 2.58 Bn |
| Sep 30, 2023 | 2.62 Bn |
| Jun 30, 2023 | 2.50 Bn |
| Mar 31, 2023 | 2.30 Bn |
| Dec 31, 2022 | 2.17 Bn |
| Sep 30, 2022 | 2.09 Bn |
| Jun 30, 2022 | 1.96 Bn |
| Mar 31, 2022 | 1.84 Bn |
| Dec 31, 2021 | 1.79 Bn |
| Sep 30, 2021 | 1.81 Bn |