Nov (NOV) Operating Leases (2018 - 2026)
Nov (NOV) posted Operating Leases of $520.0 million for Q2 2026, down 0.76% sequentially from $524.0 million in Q1 2026, and down 3.7% YoY from $540.0 million in Q2 2025.
Nov (NOV) Operating Leases (2018 - 2026) Analysis & Trends
Nov has reported Operating Leases for 9 years, with the latest figure at $520.0 million in Q2 2026.
- Quarterly Operating Leases fell 3.7% year-over-year to $520.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $520.0 million (down 3.7% YoY) and the FY2025 annual result came in at $521.0 million, down 4.23% from the prior year.
- Operating Leases fell to $520.0 million in Q2 2026 per NOV's latest filing, from $524.0 million in the prior quarter.
- Over five years, Operating Leases peaked at $568.0 million in Q1 2022 and troughed at $520.0 million in Q2 2026.
- A 5-year average of $547.0 million and a median of $550.0 million in 2022 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2022 and 2023: Operating Leases declined 7.93% in 2022, then grew 2.38% in 2023.
- Over 5 years, Operating Leases stood at $549.0 million in 2022, then rose by 1.64% to $558.0 million in 2023, then fell by 2.51% to $544.0 million in 2024, then retreated by 4.23% to $521.0 million in 2025, then decreased by 0.19% to $520.0 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $520.0 million, $524.0 million, and $521.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn |
| 10 | Oceaneering International | 5.22 Bn | 4.59 Bn | 156.98 Mn |
Historic Data
Download 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 |