Nov (NOV) Invested Capital (2009 - 2026)
Nov's Invested Capital came in at $8.02 billion for Q3 2026, down 2.7% from $8.24 billion a year earlier but up 0.6% from the prior quarter.
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Analysis
Nov (NOV) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Nov's Invested Capital was $8.04 billion, down 1.6% from FY2024.
- Invested Capital carries a five-year compound annual growth rate of 2.5% (FY2020 to FY2025).
- Going back by year, Invested Capital was $8.17 billion in FY2024 (+2.5%), $7.97 billion in FY2023 (+16.1%), $6.86 billion in FY2022 (+1.3%) and $6.78 billion in FY2021 (-4.7%).
- The five-year range for quarterly Invested Capital is $6.66 billion (Q3 2022) to $8.29 billion (Q2 2025).
- Year-over-year, Invested Capital has declined for five consecutive quarters, with an average decline of 0.8% over the last eight quarters.
- The fastest year-over-year change in Invested Capital over five years came in Q4 2023 (growth of 16.1%), and the weakest in Q4 2021 (a decline of 4.7%).
- Business Quant data shows NOV's Invested Capital at $7.97 billion (Q2 2026), $7.98 billion (Q1 2026) and $8.04 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 75.75 Bn | 72.19 Bn | 1.57 Bn | 40.01 Bn |
| 2 | Baker Hughes | 48.44 Bn | 10.16 Bn | 1.96 Bn | 38.83 Bn |
| 3 | Halliburton | 27.11 Bn | 19.06 Bn | 840.00 Mn | 18.23 Bn |
| 4 | TechnipFMC | 25.53 Bn | 21.50 Bn | 728.70 Mn | 3.74 Bn |
| 5 | Noble | 6.85 Bn | 4.92 Bn | 228.22 Mn | 6.18 Bn |
| 6 | Nov | 6.35 Bn | 1.30 Bn | 439.00 Mn | 8.02 Bn |
| 7 | Weatherford International | 6.10 Bn | 1.84 Bn | 374.00 Mn | 3.47 Bn |
| 8 | Transocean | 6.09 Bn | 4.13 Bn | 348.00 Mn | 13.47 Bn |
| 9 | Valaris | 5.60 Bn | 3.36 Bn | 176.30 Mn | 4.36 Bn |
| 10 | Kodiak Gas Services | 4.46 Bn | 4.14 Bn | 259.04 Mn | 4.96 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.02 Bn |
| Jun 30, 2026 | 7.97 Bn |
| Mar 31, 2026 | 7.98 Bn |
| Dec 31, 2025 | 8.04 Bn |
| Sep 30, 2025 | 8.24 Bn |
| Jun 30, 2025 | 8.29 Bn |
| Mar 31, 2025 | 8.23 Bn |
| Dec 31, 2024 | 8.17 Bn |
| Sep 30, 2024 | 8.27 Bn |
| Jun 30, 2024 | 8.18 Bn |
| Mar 31, 2024 | 8.13 Bn |
| Dec 31, 2023 | 7.97 Bn |
| Sep 30, 2023 | 7.30 Bn |
| Jun 30, 2023 | 7.23 Bn |
| Mar 31, 2023 | 7.04 Bn |
| Dec 31, 2022 | 6.86 Bn |
| Sep 30, 2022 | 6.66 Bn |
| Jun 30, 2022 | 6.70 Bn |
| Mar 31, 2022 | 6.72 Bn |
| Dec 31, 2021 | 6.78 Bn |
API Access
Nov Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=NOV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "NOV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=NOV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();