Nov (NOV) Inventory Average (2009 - 2026)
Nov (NOV) reported Inventory Average of $2.0 billion for Q1 2026, down 5.39% on a YoY basis from $2.1 billion in Q1 2025, and little changed sequentially from $2.0 billion in Q4 2025.
Nov (NOV) Inventory Average (2009 - 2026) Analysis & Trends
Nov (NOV) has 18 years of Inventory Average data on file, last reported at $2.0 billion in Q1 2026.
- For the quarter ending Q1 2026, Inventory Average fell 5.39% year-over-year to $2.0 billion; the trailing twelve-month figure through Mar 2026 stood at $2.0 billion (down 5.39% YoY), and the FY2025 full-year result was $2.0 billion, down 10.03% from the prior year.
- Inventory Average steadied at $2.0 billion in Q1 2026, from $2.0 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.
- A 5-year average of $2.2 billion and a median of $2.2 billion in 2022 frame the typical range for Inventory Average.
- Across the five-year window, Inventory Average jumped 66.29% in 2023 and slipped 21.41% in 2024, its largest moves.
- Tracing NOV's Inventory Average over 5 years: stood at $2.2 billion in 2022, then gained by 18.81% to $2.6 billion in 2023, then fell by 21.41% to $2.0 billion in 2024, then declined by 2.69% to $2.0 billion in 2025, then dropped by 0.3% to $2.0 billion in 2026.
- Business Quant data shows NOV's Inventory Average at $2.0 billion in Q1 2026, $2.0 billion in Q4 2025, and $2.0 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 5.15 Bn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 3.60 Bn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 1.19 Bn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 3.00 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 1.97 Bn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 817.50 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 109.73 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 204.91 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 102.73 Mn |
| 10 | Tidewater | 3.87 Bn | 3.32 Bn | 160.04 Mn | 33.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.97 Bn |
| Dec 31, 2025 | 1.97 Bn |
| Sep 30, 2025 | 2.05 Bn |
| Jun 30, 2025 | 2.22 Bn |
| Mar 31, 2025 | 2.08 Bn |
| Dec 31, 2024 | 2.03 Bn |
| Sep 30, 2024 | 2.29 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 | 1.73 Bn |
| Mar 31, 2022 | 1.39 Bn |
| Dec 31, 2021 | 1.33 Bn |
| Sep 30, 2021 | 1.58 Bn |
| Jun 30, 2021 | 1.59 Bn |