Nov (NOV) Minority Interest (2009 - 2026)
Nov's (NOV) quarterly Minority Interest came in at $56.0 million in Q2 2026, up 3.7% year-over-year from $54.0 million in Q2 2025, and little changed quarter-over-quarter from $56.0 million in Q1 2026.
Analysis
Nov (NOV) Minority Interest (2009 - 2026) Analysis & Trends
Nov has disclosed Minority Interest across 18 years of filings, most recently posting $56.0 million for Q2 2026.
- In Q2 2026, Minority Interest rose 3.7% year-over-year to $56.0 million; the TTM figure through Jun 2026 stood at $56.0 million (up 3.7% YoY), while the FY2025 annual figure was $54.0 million, up 3.85% from the prior year.
- Minority Interest came in at $56.0 million for Q2 2026 at Nov, roughly flat from $56.0 million in the prior quarter.
- In the past five years, Minority Interest ranged from a high of $75.0 million in Q1 2024 to a low of $38.0 million in Q4 2022.
- Average Minority Interest over 5 years is $57.7 million, with a median of $56.0 million recorded in 2026.
- Year-over-year, Minority Interest plunged 43.28% in 2022 and surged 94.74% in 2023.
- Over 5 years, Minority Interest stood at $38.0 million in 2022, then jumped by 94.74% to $74.0 million in 2023, then slipped by 29.73% to $52.0 million in 2024, then rose by 3.85% to $54.0 million in 2025, then rose by 3.7% to $56.0 million in 2026.
- Per Business Quant data, the three most recent Minority Interest figures were $56.0 million in Q2 2026, $56.0 million in Q1 2026, and $54.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | TechnipFMC | 30.07 Bn | 28.82 Bn | 1.40 Bn |
| 2 | Nov | 7.70 Bn | 6.53 Bn | 521.00 Mn |
| 3 | Cactus | 4.76 Bn | 4.39 Bn | 215.38 Mn |
| 4 | Enerflex | 2.75 Bn | 2.67 Bn | 139.00 Mn |
| 5 | Innovex International | 2.04 Bn | 1.82 Bn | 83.65 Mn |
| 6 | Forum Energy Technologies | 929.90 Mn | 896.18 Mn | 71.35 Mn |
| 7 | Flowco Holdings | 872.15 Mn | 872.15 Mn | 49.17 Mn |
| 8 | Oil States International | 503.80 Mn | 483.99 Mn | 38.71 Mn |
| 9 | OMS Energy Technologies | 195.10 Mn | 41.14 Mn | - |
| 10 | NCS Multistage Holdings | 140.02 Mn | 129.24 Mn | 13.95 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 56.00 Mn |
| Mar 31, 2026 | 56.00 Mn |
| Dec 31, 2025 | 54.00 Mn |
| Sep 30, 2025 | 57.00 Mn |
| Jun 30, 2025 | 54.00 Mn |
| Mar 31, 2025 | 54.00 Mn |
| Dec 31, 2024 | 52.00 Mn |
| Sep 30, 2024 | 52.00 Mn |
| Jun 30, 2024 | 53.00 Mn |
| Mar 31, 2024 | 75.00 Mn |
| Dec 31, 2023 | 74.00 Mn |
| Sep 30, 2023 | 46.00 Mn |
| Jun 30, 2023 | 63.00 Mn |
| Mar 31, 2023 | 65.00 Mn |
| Dec 31, 2022 | 38.00 Mn |
| Sep 30, 2022 | 62.00 Mn |
| Jun 30, 2022 | 63.00 Mn |
| Mar 31, 2022 | 64.00 Mn |
| Dec 31, 2021 | 67.00 Mn |
| Sep 30, 2021 | 68.00 Mn |