Nov (NOV) Return on Capital Employed (2009 - 2026)

Nov (NOV) reported Return on Capital Employed of 5.18% for Q1 2026, down 430.0% on a YoY basis from 1.57% in Q1 2025, and down 6.6% sequentially from 5.55% in Q4 2025.

Nov (NOV) Return on Capital Employed (2009 - 2026) Analysis & Trends

Nov (NOV) has 18 years of Return on Capital Employed data on file, last reported at 5.18% in Q1 2026.

  • For the quarter ending Q1 2026, Return on Capital Employed fell 430.0% year-over-year to 5.18%; the trailing twelve-month figure through Mar 2026 stood at 5.18% (down 430.0% YoY), and the FY2025 full-year result was 5.54%, down 422.0% from the prior year.
  • Return on Capital Employed retreated to 5.18% in Q1 2026, 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.
  • A 5-year average of 5.96% and a median of 6.7% in 2025 frame the typical range for Return on Capital Employed.
  • Across the five-year window, Return on Capital Employed surged 688 bps in 2023 and slumped 430 bps in 2026, its largest moves.
  • Tracing NOV's Return on Capital Employed over 5 years: stood at 3.51% in 2022, then jumped by 119 bps to 7.69% in 2023, then advanced by 26 bps to 9.69% in 2024, then sank by 43 bps to 5.55% in 2025, then dropped by 7 bps to 5.18% in 2026.
  • Business Quant data shows NOV's Return on Capital Employed at 5.18% in Q1 2026, 5.55% in Q4 2025, and 6.7% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 11.74%
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn -
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 27.54%
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 12.84%
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 5.18%
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 16.47%
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 20.44%
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 15.00%
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 8.84%
10 Tidewater 3.87 Bn 3.32 Bn 160.04 Mn 12.73%

Historic Data

Download Data
DateValue
Mar 31, 2026 5.18%
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 9.16%
Jun 30, 2024 9.04%
Mar 31, 2024 7.61%
Dec 31, 2023 7.69%
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%