Nov NOV
NYSE NOV
$21.52 +0.13 (+0.61%)
As of: Sep 9, 2026 · 3:59 PM EDT

Nov (NOV) Operating Leases (2018 - 2026)

Nov's (NOV) quarterly Operating Leases came in at $520.0 million in Q2 2026, down 3.7% year-over-year from $540.0 million in Q2 2025, and down 0.76% quarter-over-quarter from $524.0 million in Q1 2026.

Analysis

Nov (NOV) Operating Leases (2018 - 2026) Analysis & Trends

Nov has disclosed Operating Leases across 9 years of filings, most recently posting $520.0 million for Q2 2026.

  • In Q2 2026, Operating Leases fell 3.7% year-over-year to $520.0 million; the TTM figure through Jun 2026 stood at $520.0 million (down 3.7% YoY), while the FY2025 annual figure was $521.0 million, down 4.23% from the prior year.
  • Operating Leases came in at $520.0 million for Q2 2026 at Nov, down from $524.0 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $568.0 million in Q1 2022 to a low of $520.0 million in Q2 2026.
  • Average Operating Leases over 5 years is $547.0 million, with a median of $550.0 million recorded in 2022.
  • Year-over-year, Operating Leases dropped 7.93% in 2022 and climbed 2.38% in 2023.
  • Over 5 years, Operating Leases stood at $549.0 million in 2022, then grew by 1.64% to $558.0 million in 2023, then dropped by 2.51% to $544.0 million in 2024, then declined by 4.23% to $521.0 million in 2025, then fell by 0.19% to $520.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Leases figures were $520.0 million in Q2 2026, $524.0 million in Q1 2026, and $521.0 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 TechnipFMC 31.37 Bn 30.13 Bn 1.40 Bn
2 Nov 7.64 Bn 6.53 Bn 521.00 Mn
3 Cactus 4.89 Bn 4.76 Bn 215.38 Mn
4 Enerflex 2.71 Bn 2.63 Bn 139.00 Mn
5 Innovex International 2.07 Bn 1.85 Bn 83.65 Mn
6 Flowco Holdings 1.91 Bn 2.90 Bn 49.17 Mn
7 Forum Energy Technologies 901.05 Mn 867.34 Mn 71.35 Mn
8 Oil States International 528.60 Mn 508.80 Mn 38.71 Mn
9 OMS Energy Technologies 202.90 Mn 56.69 Mn -
10 NCS Multistage Holdings 140.02 Mn 129.24 Mn 13.95 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 520.00 Mn
Mar 31, 2026 524.00 Mn
Dec 31, 2025 521.00 Mn
Sep 30, 2025 528.00 Mn
Jun 30, 2025 540.00 Mn
Mar 31, 2025 534.00 Mn
Dec 31, 2024 544.00 Mn
Sep 30, 2024 551.00 Mn
Jun 30, 2024 553.00 Mn
Mar 31, 2024 564.00 Mn
Dec 31, 2023 558.00 Mn
Sep 30, 2023 559.00 Mn
Jun 30, 2023 568.00 Mn
Mar 31, 2023 556.00 Mn
Dec 31, 2022 549.00 Mn
Sep 30, 2022 546.00 Mn
Jun 30, 2022 563.00 Mn
Mar 31, 2022 568.00 Mn
Dec 31, 2021 576.00 Mn
Sep 30, 2021 593.00 Mn