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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |