Nov (NOV) Inventory Average (2009 - 2026)
Nov's (NOV) quarterly Inventory Average came in at $2.2 billion in Q2 2026, down 1.83% year-over-year from $2.2 billion in Q2 2025, and up 3.64% quarter-over-quarter from $2.1 billion in Q1 2026.
Analysis
Nov (NOV) Inventory Average (2009 - 2026) Analysis & Trends
Nov has disclosed Inventory Average across 18 years of filings, most recently posting $2.2 billion for Q2 2026.
- In Q2 2026, Inventory Average fell 1.83% year-over-year to $2.2 billion; the TTM figure through Jun 2026 stood at $2.2 billion (down 1.83% YoY), while the FY2025 annual figure was $2.1 billion, down 9.42% from the prior year.
- Inventory Average came in at $2.2 billion for Q2 2026 at Nov, up from $2.1 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 $1.8 billion in Q1 2022.
- Average Inventory Average over 5 years is $2.3 billion, with a median of $2.2 billion recorded in 2025.
- Year-over-year, Inventory Average grew 27.27% in 2023 and retreated 13.0% in 2025.
- Over 5 years, Inventory Average stood at $2.2 billion in 2022, then advanced by 18.81% to $2.6 billion in 2023, then fell by 9.98% to $2.3 billion in 2024, then retreated by 9.36% to $2.1 billion in 2025, then increased by 3.37% to $2.2 billion in 2026.
- Per Business Quant data, the three most recent Inventory Average figures were $2.2 billion in Q2 2026, $2.1 billion in Q1 2026, and $2.1 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | TechnipFMC | 31.37 Bn | 30.13 Bn | 1.40 Bn | 1.23 Bn |
| 2 | Nov | 7.64 Bn | 6.53 Bn | 521.00 Mn | 2.18 Bn |
| 3 | Cactus | 4.89 Bn | 4.76 Bn | 215.38 Mn | 395.63 Mn |
| 4 | Enerflex | 2.71 Bn | 2.63 Bn | 139.00 Mn | 258.89 Mn |
| 5 | Innovex International | 2.07 Bn | 1.85 Bn | 83.65 Mn | 258.91 Mn |
| 6 | Flowco Holdings | 1.91 Bn | 2.90 Bn | 49.17 Mn | 192.48 Mn |
| 7 | Forum Energy Technologies | 901.05 Mn | 867.34 Mn | 71.35 Mn | 234.94 Mn |
| 8 | Oil States International | 528.60 Mn | 508.80 Mn | 38.71 Mn | 202.65 Mn |
| 9 | OMS Energy Technologies | 202.90 Mn | 56.69 Mn | - | 18.57 Mn |
| 10 | NCS Multistage Holdings | 140.02 Mn | 129.24 Mn | 13.95 Mn | 42.66 Mn |
Historic Data
Download Data
Historic 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 |