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