Nov (NOV) Net Margin (2009 - 2026)
Nov (NOV) posted Net Margin of 4.04% for Q3 2026, up 2.11 percentage points from 1.93% a year earlier but down 1.21 percentage points from the prior quarter.
Nov (NOV) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Net Margin at Nov was 1.65%, down 2.72 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).
- Quarterly Net Margin has run from a low of -3.43% in Q4 2025 to a high of 25.52% in Q4 2023 over five years.
- On a year-over-year basis, Net Margin increased in two of the last eight quarters, with an average year-over-year change of -5.05 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 5.25% (Q2 2026), 0.93% (Q1 2026) and -3.43% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.69 Bn | 71.14 Bn | 1.57 Bn | 7.78% |
| 2 | Baker Hughes | 48.29 Bn | 10.02 Bn | 1.96 Bn | 5.12% |
| 3 | Halliburton | 26.55 Bn | 18.45 Bn | 840.00 Mn | 7.31% |
| 4 | TechnipFMC | 25.06 Bn | 21.03 Bn | 728.70 Mn | 14.45% |
| 5 | Noble | 6.56 Bn | 4.63 Bn | 228.22 Mn | -16.06% |
| 6 | Nov | 6.32 Bn | 1.21 Bn | 439.00 Mn | 4.04% |
| 7 | Weatherford International | 6.16 Bn | 1.90 Bn | 374.00 Mn | 10.50% |
| 8 | Transocean | 5.81 Bn | 3.85 Bn | 348.00 Mn | 2.77% |
| 9 | Valaris | 5.47 Bn | 3.23 Bn | 176.30 Mn | 7.77% |
| 10 | Kodiak Gas Services | 4.25 Bn | 4.01 Bn | 246.76 Mn | 13.29% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.04% |
| 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% |
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();