Nov (NOV) Operating Leases (2018 - 2026)
Nov (NOV) reported Operating Leases of $295.0 million for Q1 2026, up 0.68% on a YoY basis from $293.0 million in Q1 2025, and down 43.38% sequentially from $521.0 million in Q4 2025.
Nov (NOV) Operating Leases (2018 - 2026) Analysis & Trends
Nov (NOV) has 9 years of Operating Leases data on file, last reported at $295.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Leases rose 0.68% year-over-year to $295.0 million; the trailing twelve-month figure through Mar 2026 stood at $295.0 million (up 0.68% YoY), and the FY2025 full-year result was $521.0 million, down 4.23% from the prior year.
- Operating Leases fell to $295.0 million in Q1 2026, from $521.0 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $568.0 million in Q2 2023 to a low of $293.0 million in Q1 2025.
- A 5-year average of $493.8 million and a median of $549.0 million in 2022 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases jumped 58.86% in 2023 and sank 48.05% in 2025, its largest moves.
- Tracing NOV's Operating Leases over 5 years: stood at $549.0 million in 2022, then climbed by 1.64% to $558.0 million in 2023, then slipped by 2.51% to $544.0 million in 2024, then dropped by 4.23% to $521.0 million in 2025, then plunged by 43.38% to $295.0 million in 2026.
- Business Quant data shows NOV's Operating Leases at $295.0 million in Q1 2026, $521.0 million in Q4 2025, and $528.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn |
| 10 | Tidewater | 3.87 Bn | 3.32 Bn | 160.04 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 | 297.00 Mn |
| Mar 31, 2025 | 293.00 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 | 350.00 Mn |
| Dec 31, 2021 | 576.00 Mn |
| Sep 30, 2021 | 371.00 Mn |
| Jun 30, 2021 | 595.00 Mn |