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| Date | Value |
|---|---|
| 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% |