KPIs & Operating Metrics(New)
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Nov (NOV) Operating Leases (2018 - 2025)

Nov (NOV) has disclosed Operating Leases for 8 consecutive years, with $289.0 million as the latest value for Q4 2025.

  • Quarterly Operating Leases fell 46.88% to $289.0 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $289.0 million through Dec 2025, down 46.88% year-over-year, with the annual reading at $289.0 million for FY2025, 46.88% down from the prior year.
  • Operating Leases hit $289.0 million in Q4 2025 for Nov, down from $528.0 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $595.0 million in Q2 2021 to a low of $289.0 million in Q4 2025.
  • Historically, Operating Leases has averaged $446.4 million across 5 years, with a median of $449.5 million in 2021.
  • Biggest five-year swings in Operating Leases: surged 68.37% in 2023 and later tumbled 48.05% in 2025.
  • Year by year, Operating Leases stood at $357.0 million in 2021, then skyrocketed by 53.78% to $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 plummeted by 46.88% to $289.0 million in 2025.
  • Business Quant data shows Operating Leases for NOV at $289.0 million in Q4 2025, $528.0 million in Q3 2025, and $297.0 million in Q2 2025.