Nov (NOV) Operating Margin (2009 - 2026)
Nov (NOV) reported Operating Margin of 6.38% for Q3 2026, up 1.46 percentage points from 4.92% a year earlier but down 2.66 percentage points from the prior quarter.
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Analysis
Nov (NOV) Operating Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Nov's Operating Margin came in at 5.46%, down 1.48 percentage points year-over-year; for FY2025, it came in at 5.65%, down 4.23 percentage points from FY2024.
- Operating Margin has a five-year change of +45.47 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 9.88% in FY2024 (+2.29 pp), 7.58% in FY2023 (+3.94 pp), 3.65% in FY2022 (+6.07 pp) and -2.43% in FY2021 (+37.39 pp).
- Five-year quarterly Operating Margin spans a low of -1.36% in Q1 2022 and a high of 14.12% in Q2 2024.
- Year over year, Operating Margin gained in three of the last eight quarters, with an average year-over-year change of -1.95 percentage points.
- The high point for year-over-year Operating Margin in five years was Q4 2021 (a gain of 21.69 percentage points); the low point was Q2 2025 (a drop of 7.59 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 9.04% (Q2 2026), 2.29% (Q1 2026) and 4.04% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 73.81 Bn | 70.26 Bn | 1.57 Bn | 12.05% |
| 2 | Baker Hughes | 47.88 Bn | 9.61 Bn | 1.96 Bn | 13.05% |
| 3 | Halliburton | 26.33 Bn | 18.23 Bn | 840.00 Mn | 10.94% |
| 4 | TechnipFMC | 25.25 Bn | 21.22 Bn | 728.70 Mn | 18.23% |
| 5 | Noble | 6.55 Bn | 4.63 Bn | 228.22 Mn | 8.24% |
| 6 | Nov | 6.31 Bn | 1.20 Bn | 439.00 Mn | 6.38% |
| 7 | Weatherford International | 6.04 Bn | 1.78 Bn | 374.00 Mn | 13.39% |
| 8 | Transocean | 5.85 Bn | 3.89 Bn | 348.00 Mn | 15.26% |
| 9 | Valaris | 5.52 Bn | 3.27 Bn | 176.30 Mn | 13.70% |
| 10 | Kodiak Gas Services | 4.21 Bn | 3.97 Bn | 246.76 Mn | 31.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.38% |
| Jun 30, 2026 | 9.04% |
| Mar 31, 2026 | 2.29% |
| Dec 31, 2025 | 4.04% |
| Sep 30, 2025 | 4.92% |
| Jun 30, 2025 | 6.54% |
| Mar 31, 2025 | 7.23% |
| Dec 31, 2024 | 8.97% |
| Sep 30, 2024 | 8.85% |
| Jun 30, 2024 | 14.12% |
| Mar 31, 2024 | 7.52% |
| Dec 31, 2023 | 6.87% |
| Sep 30, 2023 | 8.38% |
| Jun 30, 2023 | 8.65% |
| Mar 31, 2023 | 6.42% |
| Dec 31, 2022 | 7.81% |
| Sep 30, 2022 | 2.91% |
| Jun 30, 2022 | 3.94% |
| Mar 31, 2022 | -1.36% |
| Dec 31, 2021 | -0.99% |
API Access
Nov Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=NOV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "NOV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=NOV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();