KPIs & Operating Metrics(New)
Growth Metrics

Nov (NOV) Operating Margin (2016 - 2026)

Nov's Operating Margin history spans 18 years, with the latest figure at 2.29% for Q1 2026.

  • On a quarterly basis, Operating Margin fell 494.0% to 2.29% in Q1 2026 year-over-year; TTM through Mar 2026 was 4.47%, a 535.0% decrease, with the full-year FY2025 number at 5.65%, down 423.0% from a year prior.
  • Operating Margin hit 2.29% in Q1 2026 for Nov, down from 4.04% in the prior quarter.
  • Over the last five years, Operating Margin for NOV hit a ceiling of 14.12% in Q2 2024 and a floor of 15.41% in Q4 2023.
  • Historically, Operating Margin has averaged 5.05% across 5 years, with a median of 6.54% in 2025.
  • Biggest five-year swings in Operating Margin: crashed -2322bps in 2023 and later skyrocketed 2438bps in 2024.
  • Tracing NOV's Operating Margin over 5 years: stood at 7.81% in 2022, then crashed by -297bps to 15.41% in 2023, then skyrocketed by 158bps to 8.97% in 2024, then crashed by -55bps to 4.04% in 2025, then crashed by -43bps to 2.29% in 2026.
  • Business Quant data shows Operating Margin for NOV at 2.29% in Q1 2026, 4.04% in Q4 2025, and 4.92% in Q3 2025.