Nov (NOV) Long-Term Deferred Tax (2009 - 2026)
Nov (NOV) reported Long-Term Deferred Tax of $342 million for Q2 2026, down 17.6% from $415 million a year earlier and down 1.4% from the prior quarter.
Nov (NOV) Long-Term Deferred Tax (2009 - 2026) Analysis & Trends
At the end of FY2025, Nov posted Long-Term Deferred Tax of $358 million, down 13.3% from FY2024.
- By year, Long-Term Deferred Tax came in at $413 million in FY2024 (-15.4%) and $488 million in FY2023.
- The Q2 2026 figure ranks as the lowest quarterly Long-Term Deferred Tax since Q1 2019.
- Year over year, Long-Term Deferred Tax has now declined in each of the last four quarters, with an average decline of 10.9% over the last seven quarters.
- Per Business Quant data, the three quarters before Q2 2026 came in at $347 million (Q1 2026), $358 million (Q4 2025) and $389 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn |
| 10 | Kodiak Gas Services | 5.35 Bn | 5.11 Bn | 246.76 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 342.00 Mn |
| Mar 31, 2026 | 347.00 Mn |
| Dec 31, 2025 | 358.00 Mn |
| Sep 30, 2025 | 389.00 Mn |
| Jun 30, 2025 | 415.00 Mn |
| Mar 31, 2025 | 388.00 Mn |
| Dec 31, 2024 | 413.00 Mn |
| Sep 30, 2024 | 407.00 Mn |
| Jun 30, 2024 | 396.00 Mn |
| Mar 31, 2024 | 484.00 Mn |
| Dec 31, 2023 | 488.00 Mn |
| Mar 31, 2019 | 11.00 Mn |
| Dec 31, 2018 | 11.00 Mn |
| Sep 30, 2018 | 13.00 Mn |
| Jun 30, 2018 | 13.00 Mn |
| Mar 31, 2018 | 13.00 Mn |
| Dec 31, 2017 | 13.00 Mn |
| Sep 30, 2017 | 71.00 Mn |
| Jun 30, 2017 | 70.00 Mn |
| Mar 31, 2017 | 87.00 Mn |
Nov Long-Term Deferred Tax 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=long-term-deferred-tax&ticker=NOV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "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=long-term-deferred-tax&ticker=NOV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();