Nov (NOV) Property, Plant & Equipment (Net) (2009 - 2026)
Nov (NOV) recorded Property, Plant & Equipment (Net) of $1.99 billion in Q3 2026, down 1.6% from $2.03 billion a year earlier and down 1.1% from the prior quarter.
Nov (NOV) Property, Plant & Equipment (Net) (2009 - 2026) Analysis & Trends
At the end of FY2025, Nov reported Property, Plant & Equipment (Net) of $2.05 billion, up 6.7% from FY2024.
- Annual Property, Plant & Equipment (Net) has increased for three straight years, with a five-year compound annual growth rate of 1.2% (FY2020 to FY2025).
- Across earlier years, Property, Plant & Equipment (Net) came in at $1.92 billion in FY2024 (+3.1%), $1.87 billion in FY2023 (+4.7%), $1.78 billion in FY2022 (-2.3%) and $1.82 billion in FY2021 (-5.4%).
- The Q3 2026 figure is the lowest quarterly Property, Plant & Equipment (Net) since Q2 2025.
- On a year-over-year basis, Property, Plant & Equipment (Net) rose in seven of the last eight quarters, with growth averaging 3.6%.
- Peak year-over-year performance for Property, Plant & Equipment (Net) in the last five years was growth of 6.7% in Q4 2025, against a decline of 5.9% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $2.02 billion (Q2 2026), $2.02 billion (Q1 2026) and $2.05 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 75.75 Bn | 72.19 Bn | 1.57 Bn | 7.71 Bn |
| 2 | Baker Hughes | 48.42 Bn | 10.14 Bn | 1.96 Bn | 6.78 Bn |
| 3 | Halliburton | 27.11 Bn | 19.06 Bn | 840.00 Mn | 5.15 Bn |
| 4 | TechnipFMC | 25.53 Bn | 21.50 Bn | 728.70 Mn | 2.25 Bn |
| 5 | Noble | 6.85 Bn | 4.92 Bn | 228.22 Mn | 5.51 Bn |
| 6 | Nov | 6.35 Bn | 1.30 Bn | 439.00 Mn | 1.99 Bn |
| 7 | Transocean | 6.08 Bn | 4.12 Bn | 348.00 Mn | 12.24 Bn |
| 8 | Weatherford International | 6.08 Bn | 1.82 Bn | 374.00 Mn | 1.16 Bn |
| 9 | Valaris | 5.60 Bn | 3.36 Bn | 176.30 Mn | 2.26 Bn |
| 10 | Kodiak Gas Services | 4.49 Bn | 4.17 Bn | 259.04 Mn | 4.05 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.99 Bn |
| Jun 30, 2026 | 2.02 Bn |
| Mar 31, 2026 | 2.02 Bn |
| Dec 31, 2025 | 2.05 Bn |
| Sep 30, 2025 | 2.03 Bn |
| Jun 30, 2025 | 1.99 Bn |
| Mar 31, 2025 | 1.95 Bn |
| Dec 31, 2024 | 1.92 Bn |
| Sep 30, 2024 | 1.91 Bn |
| Jun 30, 2024 | 1.88 Bn |
| Mar 31, 2024 | 1.88 Bn |
| Dec 31, 2023 | 1.87 Bn |
| Sep 30, 2023 | 1.84 Bn |
| Jun 30, 2023 | 1.84 Bn |
| Mar 31, 2023 | 1.81 Bn |
| Dec 31, 2022 | 1.78 Bn |
| Sep 30, 2022 | 1.76 Bn |
| Jun 30, 2022 | 1.76 Bn |
| Mar 31, 2022 | 1.81 Bn |
| Dec 31, 2021 | 1.82 Bn |
Nov Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=NOV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=NOV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();