Nov (NOV) Operating Leases (2018 - 2026)
Nov's (NOV) quarterly Operating Leases came in at $295.0 million in Q1 2026, down 44.76% year-on-year from $534.0 million in Q1 2025, and down 43.38% quarter-over-quarter from $521.0 million in Q4 2025.
Nov (NOV) Operating Leases (2018 - 2026) Analysis & Trends
Nov has disclosed Operating Leases across 9 years of filings, most recently posting $295.0 million for Q1 2026.
- Operating Leases for Q1 2026 came in at $295.0 million, down 44.76% year-over-year; the trailing twelve-month figure through Mar 2026 was $295.0 million (down 44.76% YoY), and the FY2025 annual result was $521.0 million, down 4.23% from the prior year.
- Operating Leases came in at $295.0 million for Q1 2026 at Nov, down from $521.0 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 $295.0 million in Q1 2026.
- The 5-year median for Operating Leases is $546.0 million (2022), against an average of $509.7 million.
- Across the five-year window, Operating Leases jumped 65.4% in 2024 and slumped 44.76% in 2026, its largest moves.
- Nov's 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 tumbled by 43.38% to $295.0 million in 2026.
- The last three Operating Leases figures came in at $295.0 million (Q1 2026), $521.0 million (Q4 2025), and $528.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn |
| 10 | Liberty Energy | 4.61 Bn | 3.91 Bn | 177.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 295.00 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 | 342.00 Mn |
| Jun 30, 2023 | 568.00 Mn |
| Mar 31, 2023 | 341.00 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 | 357.00 Mn |
| Sep 30, 2021 | 593.00 Mn |
| Jun 30, 2021 | 595.00 Mn |