Nov (NOV) Return on Assets [ROA] (2009 - 2026)
Nov's Return on Assets [ROA] was 1.34% in Q3 2026, down 2.12 percentage points from 3.46% a year earlier but up 0.45 percentage points from the prior quarter.
Nov (NOV) Return on Assets [ROA] (2009 - 2026) Analysis & Trends
For FY2025, Return on Assets [ROA] at Nov came in at 1.33%, down 4.27 percentage points from FY2024.
- Return on Assets [ROA] shows a five-year change of +23.32 percentage points (FY2020 to FY2025).
- In earlier years, Return on Assets [ROA] was 5.61% in FY2024 (-3.59 pp), 9.19% in FY2023 (+7.62 pp), 1.57% in FY2022 (+4.09 pp) and -2.52% in FY2021 (+19.47 pp).
- Quarterly Return on Assets [ROA] has moved between -2.56% (Q4 2021) and 9.41% (Q3 2024) over five years.
- Compared with a year earlier, Return on Assets [ROA] has declined for eight straight quarters, with an average year-over-year change of -4.00 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Assets [ROA] over five years was Q4 2021 (a gain of 22.68 percentage points); the worst was Q3 2025 (a drop of 5.95 percentage points).
- Per Business Quant data, NOV's Return on Assets [ROA] in the three quarters before Q3 2026 was 0.89% (Q2 2026), 0.86% (Q1 2026) and 1.33% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 75.75 Bn | 72.19 Bn | 1.57 Bn | 5.65% |
| 2 | Baker Hughes | 48.42 Bn | 10.14 Bn | 1.96 Bn | 5.25% |
| 3 | Halliburton | 27.11 Bn | 19.06 Bn | 840.00 Mn | 7.75% |
| 4 | TechnipFMC | 25.53 Bn | 21.50 Bn | 728.70 Mn | 12.36% |
| 5 | Noble | 6.85 Bn | 4.92 Bn | 228.22 Mn | 0.75% |
| 6 | Nov | 6.35 Bn | 1.30 Bn | 439.00 Mn | 1.34% |
| 7 | Transocean | 6.08 Bn | 4.12 Bn | 348.00 Mn | 1.93% |
| 8 | Weatherford International | 6.08 Bn | 1.82 Bn | 374.00 Mn | 7.95% |
| 9 | Valaris | 5.60 Bn | 3.36 Bn | 176.30 Mn | 14.50% |
| 10 | Kodiak Gas Services | 4.49 Bn | 4.17 Bn | 259.04 Mn | 2.99% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.34% |
| Jun 30, 2026 | 0.89% |
| Mar 31, 2026 | 0.86% |
| Dec 31, 2025 | 1.33% |
| Sep 30, 2025 | 3.46% |
| Jun 30, 2025 | 4.23% |
| Mar 31, 2025 | 5.20% |
| Dec 31, 2024 | 5.57% |
| Sep 30, 2024 | 9.41% |
| Jun 30, 2024 | 9.26% |
| Mar 31, 2024 | 8.68% |
| Dec 31, 2023 | 9.04% |
| Sep 30, 2023 | 4.67% |
| Jun 30, 2023 | 4.03% |
| Mar 31, 2023 | 3.24% |
| Dec 31, 2022 | 1.56% |
| Sep 30, 2022 | 0.13% |
| Jun 30, 2022 | -0.90% |
| Mar 31, 2022 | -1.88% |
| Dec 31, 2021 | -2.56% |
Nov Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=NOV&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=NOV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();