Nov (NOV) Leases (2019 - 2026)
Nov's (NOV) quarterly Leases came in at $321.0 million in Q1 2026, up 64.62% year-on-year from $195.0 million in Q1 2025, and up 1.9% quarter-over-quarter from $315.0 million in Q4 2025.
Nov (NOV) Leases (2019 - 2026) Analysis & Trends
Nov has disclosed Leases across 8 years of filings, most recently posting $321.0 million for Q1 2026.
- Leases for Q1 2026 came in at $321.0 million, up 64.62% year-over-year; the trailing twelve-month figure through Mar 2026 was $321.0 million (up 64.62% YoY), and the FY2025 annual result was $315.0 million, up 60.71% from the prior year.
- Leases came in at $321.0 million for Q1 2026 at Nov, up from $315.0 million in the prior quarter.
- In the past five years, Leases ranged from a high of $381.0 million in Q1 2024 to a low of $170.0 million in Q3 2022.
- The 5-year median for Leases is $321.0 million (2026), against an average of $286.4 million.
- Across the five-year window, Leases plunged 54.55% in 2022 and jumped 118.82% in 2023, its largest moves.
- Nov's Leases stood at $346.0 million in 2022, then plunged by 50.29% to $172.0 million in 2023, then advanced by 13.95% to $196.0 million in 2024, then surged by 60.71% to $315.0 million in 2025, then advanced by 1.9% to $321.0 million in 2026.
- The last three Leases figures came in at $321.0 million (Q1 2026), $315.0 million (Q4 2025), and $192.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 84.87 Bn | 82.65 Bn | 4.67 Bn | - |
| 2 | Baker Hughes | 64.22 Bn | 49.63 Bn | 1.51 Bn | - |
| 3 | Halliburton | 33.79 Bn | 31.83 Bn | 2.04 Bn | 895.00 Mn |
| 4 | TechnipFMC | 27.48 Bn | 26.21 Bn | 1.49 Bn | 747.80 Mn |
| 5 | Enerflex | 8.86 Bn | 8.80 Bn | - | 43.74 Mn |
| 6 | Nov | 7.63 Bn | 6.35 Bn | 119.00 Mn | 321.00 Mn |
| 7 | Weatherford International | 7.43 Bn | 6.38 Bn | 876.00 Mn | 119.00 Mn |
| 8 | Archrock | 6.08 Bn | 6.07 Bn | 247.42 Mn | 13.48 Mn |
| 9 | Kodiak Gas Services | 5.81 Bn | 5.72 Bn | 222.88 Mn | 5.89 Mn |
| 10 | Liberty Energy | 4.68 Bn | 3.98 Bn | 177.37 Mn | 157.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 321.00 Mn |
| Dec 31, 2025 | 315.00 Mn |
| Sep 30, 2025 | 192.00 Mn |
| Jun 30, 2025 | 195.00 Mn |
| Mar 31, 2025 | 195.00 Mn |
| Dec 31, 2024 | 196.00 Mn |
| Sep 30, 2024 | 375.00 Mn |
| Jun 30, 2024 | 376.00 Mn |
| Mar 31, 2024 | 381.00 Mn |
| Dec 31, 2023 | 172.00 Mn |
| Sep 30, 2023 | 372.00 Mn |
| Jun 30, 2023 | 376.00 Mn |
| Mar 31, 2023 | 361.00 Mn |
| Dec 31, 2022 | 346.00 Mn |
| Sep 30, 2022 | 170.00 Mn |
| Jun 30, 2022 | 351.00 Mn |
| Mar 31, 2022 | 174.00 Mn |
| Dec 31, 2021 | 361.00 Mn |
| Sep 30, 2021 | 374.00 Mn |
| Jun 30, 2021 | 369.00 Mn |