Nov (NOV) Return on Capital Employed (2009 - 2026)
Nov's (NOV) quarterly Return on Capital Employed came in at 4.37% in Q1 2026, down 511.0% year-on-year from 1.06% in Q1 2025, and down 21.19% quarter-over-quarter from 5.55% in Q4 2025.
Nov (NOV) Return on Capital Employed (2009 - 2026) Analysis & Trends
Nov has disclosed Return on Capital Employed across 18 years of filings, most recently posting 4.37% for Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 4.37%, down 511.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.37% (down 511.0% YoY), and the FY2025 annual result was 5.54%, down 422.0% from the prior year.
- Return on Capital Employed came in at 4.37% for Q1 2026 at Nov, down from 5.55% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 9.69% in Q4 2024 to a low of 0.88% in Q1 2022.
- The 5-year median for Return on Capital Employed is 4.37% (2026), against an average of 4.53%.
- Across the five-year window, Return on Capital Employed soared 816 bps in 2024 and sank 511 bps in 2026, its largest moves.
- Nov's Return on Capital Employed stood at 3.51% in 2022, then slumped by 57 bps to 1.52% in 2023, then soared by 535 bps to 9.69% in 2024, then plunged by 43 bps to 5.55% in 2025, then fell by 21 bps to 4.37% in 2026.
- The last three Return on Capital Employed figures came in at 4.37% (Q1 2026), 5.55% (Q4 2025), and 6.7% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 36.80% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 35.87% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 12.84% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 27.54% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 2.02% |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 4.37% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 19.80% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 20.30% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 8.84% |
| 10 | Liberty Energy | 4.61 Bn | 3.91 Bn | 177.37 Mn | 2.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.37% |
| Dec 31, 2025 | 5.55% |
| Sep 30, 2025 | 6.70% |
| Jun 30, 2025 | 7.67% |
| Mar 31, 2025 | 9.48% |
| Dec 31, 2024 | 9.69% |
| Sep 30, 2024 | 3.40% |
| Jun 30, 2024 | 3.28% |
| Mar 31, 2024 | 1.83% |
| Dec 31, 2023 | 1.52% |
| Sep 30, 2023 | 8.05% |
| Jun 30, 2023 | 6.61% |
| Mar 31, 2023 | 5.24% |
| Dec 31, 2022 | 3.51% |
| Sep 30, 2022 | 1.16% |
| Jun 30, 2022 | -0.15% |
| Mar 31, 2022 | -0.88% |
| Dec 31, 2021 | -1.75% |
| Sep 30, 2021 | -5.43% |
| Jun 30, 2021 | -5.76% |