Nov (NOV) Net Margin (2009 - 2026)
Nov (NOV) posted Net Margin of 5.25% for Q2 2026, up 0.31 percentage points from 4.94% a year earlier and up 4.32 percentage points from the prior quarter.
Nov (NOV) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Margin at Nov was 1.10%, down 4.26 percentage points year-over-year; for FY2025, it was 1.66%, down 5.50 percentage points from FY2024.
- Annual Net Margin shows a five-year change of +43.40 percentage points (FY2020 to FY2025).
- In prior years, Nov's Net Margin was 7.16% in FY2024 (-4.41 pp), 11.57% in FY2023 (+9.43 pp), 2.14% in FY2022 (+6.67 pp) and -4.53% in FY2021 (+37.21 pp).
- The Q2 2026 figure stands as the highest quarterly Net Margin since Q4 2024.
- On a year-over-year basis, Net Margin increased in two of the last eight quarters, with an average year-over-year change of -5.22 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was Q4 2021, with a gain of 23.51 percentage points; the weakest was Q4 2024, with a drop of 18.59 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 0.93% (Q1 2026), -3.43% (Q4 2025) and 1.93% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.03 Bn | 71.14 Bn | 1.40 Bn | 8.76% |
| 2 | Baker Hughes | 55.51 Bn | 18.79 Bn | 1.58 Bn | 10.10% |
| 3 | TechnipFMC | 27.04 Bn | 23.19 Bn | 684.70 Mn | 13.13% |
| 4 | Halliburton | 26.27 Bn | 18.03 Bn | 804.00 Mn | 9.35% |
| 5 | Nov | 6.79 Bn | 1.58 Bn | 521.00 Mn | 5.25% |
| 6 | Noble | 6.70 Bn | 4.63 Bn | 239.27 Mn | -5.10% |
| 7 | Transocean | 5.82 Bn | 3.53 Bn | 358.00 Mn | 17.60% |
| 8 | Weatherford International | 5.77 Bn | 1.71 Bn | 333.00 Mn | 3.53% |
| 9 | Valaris | 5.44 Bn | 3.05 Bn | 123.70 Mn | 9.35% |
| 10 | Kodiak Gas Services | 5.22 Bn | 4.99 Bn | 246.76 Mn | 13.29% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.25% |
| Mar 31, 2026 | 0.93% |
| Dec 31, 2025 | -3.43% |
| Sep 30, 2025 | 1.93% |
| Jun 30, 2025 | 4.94% |
| Mar 31, 2025 | 3.47% |
| Dec 31, 2024 | 6.93% |
| Sep 30, 2024 | 5.93% |
| Jun 30, 2024 | 10.20% |
| Mar 31, 2024 | 5.52% |
| Dec 31, 2023 | 25.52% |
| Sep 30, 2023 | 5.22% |
| Jun 30, 2023 | 7.41% |
| Mar 31, 2023 | 6.42% |
| Dec 31, 2022 | 5.02% |
| Sep 30, 2022 | 1.69% |
| Jun 30, 2022 | 4.00% |
| Mar 31, 2022 | -3.23% |
| Dec 31, 2021 | -2.64% |
| Sep 30, 2021 | -5.15% |
Nov Net Margin 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=net-margin&ticker=NOV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=NOV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();