KPIs & Operating Metrics(New)
Growth Metrics

Nov (NOV) Operating Margin (2016 - 2025)

Nov (NOV) has disclosed Operating Margin for 17 consecutive years, with 14.19% as the latest value for Q4 2025.

  • Quarterly Operating Margin rose 722.0% to 14.19% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 0.9% through Dec 2025, down 107.0% year-over-year, with the annual reading at 0.9% for FY2025, 107.0% down from the prior year.
  • Operating Margin hit 14.19% in Q4 2025 for Nov, down from 4.92% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 14.12% in Q2 2024 to a low of 21.4% in Q4 2024.
  • Historically, Operating Margin has averaged 2.34% across 5 years, with a median of 5.67% in 2025.
  • Biggest five-year swings in Operating Margin: surged 9651bps in 2021 and later crashed -2828bps in 2024.
  • Year by year, Operating Margin stood at 0.99% in 2021, then soared by 890bps to 7.81% in 2022, then decreased by -12bps to 6.87% in 2023, then plummeted by -411bps to 21.4% in 2024, then soared by 34bps to 14.19% in 2025.
  • Business Quant data shows Operating Margin for NOV at 14.19% in Q4 2025, 4.92% in Q3 2025, and 6.54% in Q2 2025.