Nov (NOV) Invested Capital (2009 - 2026)
Nov's Invested Capital came in at $7.97 billion for Q2 2026, down 3.8% from $8.29 billion a year earlier and down 0.2% 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 four consecutive quarters, with growth averaging 1.2% 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 Q3 2021 (a decline of 7.9%).
- Business Quant data shows NOV's Invested Capital at $7.98 billion (Q1 2026), $8.04 billion (Q4 2025) and $8.24 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 40.05 Bn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 36.34 Bn |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 3.68 Bn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 11.14 Bn |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 7.97 Bn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | 6.37 Bn |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 13.49 Bn |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 3.27 Bn |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | 4.31 Bn |
| 10 | Kodiak Gas Services | 5.35 Bn | 5.11 Bn | 246.76 Mn | 4.89 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 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();