Nov (NOV) Return on Capital Employed (2009 - 2026)
Nov (NOV) posted Return on Capital Employed of 6.61% for Q2 2026, up 12.41% sequentially from 5.88% in Q1 2026, and down 246.0% YoY from 4.52% in Q2 2025.
Nov (NOV) Return on Capital Employed (2009 - 2026) Analysis & Trends
Nov has reported Return on Capital Employed for 18 years, with the latest figure at 6.61% in Q2 2026.
- Quarterly Return on Capital Employed fell 246.0% year-over-year to 6.61% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 6.61% (down 246.0% YoY) and the FY2025 annual result came in at 5.54%, down 422.0% from the prior year.
- Return on Capital Employed climbed to 6.61% in Q2 2026 per NOV's latest filing, from 5.88% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 10.19% in Q1 2025 and troughed at 0.88% in Q1 2022.
- A 5-year average of 6.31% and a median of 7.29% in 2024 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2023 and 2026: Return on Capital Employed jumped 688 bps in 2023, then plunged 432 bps in 2026.
- Over 5 years, Return on Capital Employed stood at 3.51% in 2022, then jumped by 119 bps to 7.69% in 2023, then increased by 26 bps to 9.69% in 2024, then dropped by 28 bps to 6.97% in 2025, then decreased by 5 bps to 6.61% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 6.61%, 5.88%, and 6.97% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.18 Bn | 76.11 Bn | 4.63 Bn | 24.68% |
| 2 | Baker Hughes | 62.06 Bn | 46.33 Bn | 1.58 Bn | 9.65% |
| 3 | Tenaris | 53.02 Bn | 43.99 Bn | 984.66 | - |
| 4 | TechnipFMC | 30.90 Bn | 29.65 Bn | 1.40 Bn | -70.33% |
| 5 | Halliburton | 29.51 Bn | 27.47 Bn | 2.10 Bn | 13.06% |
| 6 | Nov | 7.31 Bn | 6.15 Bn | 521.00 Mn | 6.61% |
| 7 | Weatherford International | 6.54 Bn | 5.40 Bn | 662.00 Mn | 16.47% |
| 8 | Kodiak Gas Services | 5.72 Bn | 5.59 Bn | 246.76 Mn | 8.25% |
| 9 | Archrock | 5.53 Bn | 5.53 Bn | 244.51 Mn | 20.39% |
| 10 | Oceaneering International | 5.27 Bn | 4.64 Bn | 156.98 Mn | 15.36% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.61% |
| Mar 31, 2026 | 5.88% |
| Dec 31, 2025 | 6.97% |
| Sep 30, 2025 | 8.10% |
| Jun 30, 2025 | 9.06% |
| Mar 31, 2025 | 10.19% |
| 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% |